AMERICAN BANK & TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN
401k plan membership statisitcs for AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2022 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2022 401k financial data |
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Total income from all sources (including contributions) | 2022-12-31 | $-1,102,152 |
Total of all expenses incurred | 2022-12-31 | $3,063,575 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,044,986 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,887,600 |
Value of total assets at end of year | 2022-12-31 | $21,480,687 |
Value of total assets at beginning of year | 2022-12-31 | $25,646,414 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $18,589 |
Total interest from all sources | 2022-12-31 | $22,572 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $676,237 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $676,237 |
Administrative expenses professional fees incurred | 2022-12-31 | $18,589 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,137,162 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $19,500 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $585,932 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Income. Non cash contributions | 2022-12-31 | $0 |
Value of net income/loss | 2022-12-31 | $-4,165,727 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $21,480,687 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $25,646,414 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $18,778,959 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $22,861,123 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $2,120,260 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $2,252,613 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $2,252,613 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $22,572 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,688,561 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $1,164,506 |
Employer contributions (assets) at end of year | 2022-12-31 | $581,468 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $513,178 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $3,044,986 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2022-12-31 | 450250958 |
2021 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2021 401k financial data |
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Total income from all sources (including contributions) | 2021-12-31 | $5,571,778 |
Total of all expenses incurred | 2021-12-31 | $2,149,120 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,130,824 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,624,176 |
Value of total assets at end of year | 2021-12-31 | $25,646,414 |
Value of total assets at beginning of year | 2021-12-31 | $22,223,756 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $18,296 |
Total interest from all sources | 2021-12-31 | $3,504 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $674,770 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $674,770 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $949,610 |
Participant contributions at end of year | 2021-12-31 | $19,500 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $673,339 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Income. Non cash contributions | 2021-12-31 | $0 |
Value of net income/loss | 2021-12-31 | $3,422,658 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $25,646,414 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $22,223,756 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $18,296 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $22,861,123 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $19,357,027 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $2,252,613 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $2,431,712 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $2,431,712 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $3,504 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,269,328 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $1,001,227 |
Employer contributions (assets) at end of year | 2021-12-31 | $513,178 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $435,017 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,130,824 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2021-12-31 | 450250958 |
2020 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-12-31 | $4,313,536 |
Total of all expenses incurred | 2020-12-31 | $1,331,079 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,314,682 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,672,876 |
Value of total assets at end of year | 2020-12-31 | $22,223,756 |
Value of total assets at beginning of year | 2020-12-31 | $19,241,299 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $16,397 |
Total interest from all sources | 2020-12-31 | $9,272 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $521,863 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $521,863 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $792,601 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $20,506 |
Administrative expenses (other) incurred | 2020-12-31 | $16,397 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,982,457 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $22,223,756 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $19,241,299 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $19,357,027 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $16,775,254 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $2,431,712 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $2,079,494 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $2,079,494 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $9,272 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $2,109,525 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $859,769 |
Employer contributions (assets) at end of year | 2020-12-31 | $435,017 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $386,551 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,314,682 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | EIDE BAILLY CPA'S & BUSINESS ADVISO |
Accountancy firm EIN | 2020-12-31 | 450250958 |
2019 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2019 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,172 |
Total income from all sources (including contributions) | 2019-12-31 | $6,544,736 |
Total loss/gain on sale of assets | 2019-12-31 | $314,140 |
Total of all expenses incurred | 2019-12-31 | $1,174,024 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $1,159,836 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,231,042 |
Value of total assets at end of year | 2019-12-31 | $19,241,299 |
Value of total assets at beginning of year | 2019-12-31 | $13,871,759 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $14,188 |
Total interest from all sources | 2019-12-31 | $14,086 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $458,502 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $458,502 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $769,577 |
Participant contributions at beginning of year | 2019-12-31 | $22,778 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $1,670,464 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $1,172 |
Other income not declared elsewhere | 2019-12-31 | $1,172 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $5,370,712 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $19,241,299 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $13,870,587 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $16,775,254 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $13,194,626 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $2,079,494 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $279,599 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $279,599 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $14,086 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,525,794 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $791,001 |
Employer contributions (assets) at end of year | 2019-12-31 | $386,551 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $374,756 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $1,159,836 |
Contract administrator fees | 2019-12-31 | $14,188 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $5,141,616 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $4,827,476 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | EIDE BAILLY CPA'S & BUSINESS ADVISO |
Accountancy firm EIN | 2019-12-31 | 450250958 |
2018 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2018 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $1,172 |
Total income from all sources (including contributions) | 2018-12-31 | $1,556,526 |
Total loss/gain on sale of assets | 2018-12-31 | $1,231,331 |
Total of all expenses incurred | 2018-12-31 | $2,170,632 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,122,561 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,345,854 |
Value of total assets at end of year | 2018-12-31 | $13,871,759 |
Value of total assets at beginning of year | 2018-12-31 | $14,484,693 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $48,071 |
Total interest from all sources | 2018-12-31 | $1,399 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $545,914 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $545,914 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $629,077 |
Participant contributions at end of year | 2018-12-31 | $22,778 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $996,460 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $1,172 |
Other income not declared elsewhere | 2018-12-31 | $2,371 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $31,452 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-614,106 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $13,870,587 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $14,484,693 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $13,194,626 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $14,069,690 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $279,599 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $49,927 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $49,927 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,399 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-2,570,343 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $720,317 |
Employer contributions (assets) at end of year | 2018-12-31 | $374,756 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $333,624 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,122,561 |
Contract administrator fees | 2018-12-31 | $48,071 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $16,859,507 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $15,628,176 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | EIDE BAILLY CPA'S & BUSINESS ADVISO |
Accountancy firm EIN | 2018-12-31 | 450250958 |
2017 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2017 401k financial data |
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Total income from all sources (including contributions) | 2017-12-31 | $3,528,720 |
Total of all expenses incurred | 2017-12-31 | $2,038,347 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,999,177 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,290,076 |
Value of total assets at end of year | 2017-12-31 | $14,484,693 |
Value of total assets at beginning of year | 2017-12-31 | $12,994,320 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $39,170 |
Total interest from all sources | 2017-12-31 | $1,215 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $662,824 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $662,824 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $618,609 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $663 |
Total non interest bearing cash at end of year | 2017-12-31 | $31,452 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $32,436 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,490,373 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $14,484,693 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $12,994,320 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $39,170 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $14,069,690 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $12,353,832 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $49,927 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $294,036 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $294,036 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $1,215 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,574,605 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $670,804 |
Employer contributions (assets) at end of year | 2017-12-31 | $333,624 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $314,016 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,999,177 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2017-12-31 | 450250958 |
2016 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2016 401k financial data |
---|
Total income from all sources (including contributions) | 2016-12-31 | $2,248,459 |
Total of all expenses incurred | 2016-12-31 | $1,261,140 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,225,195 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,245,329 |
Value of total assets at end of year | 2016-12-31 | $12,994,320 |
Value of total assets at beginning of year | 2016-12-31 | $12,007,001 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $35,945 |
Total interest from all sources | 2016-12-31 | $864 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $395,365 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $395,365 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $590,237 |
Participant contributions at beginning of year | 2016-12-31 | $17,261 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $35,745 |
Total non interest bearing cash at end of year | 2016-12-31 | $32,436 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $987,319 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $12,994,320 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $12,007,001 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $35,945 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $12,353,832 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $11,452,623 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $294,036 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $285,093 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $285,093 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $864 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $606,901 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $619,347 |
Employer contributions (assets) at end of year | 2016-12-31 | $314,016 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $252,024 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,225,195 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2016-12-31 | 450250958 |
2015 : AMERICAN BANK & TRUST 401(K) PROFIT SHARING PLAN 2015 401k financial data |
---|
Total income from all sources (including contributions) | 2015-12-31 | $958,680 |
Total of all expenses incurred | 2015-12-31 | $868,276 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $829,621 |
Value of total corrective distributions | 2015-12-31 | $4,322 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,050,428 |
Value of total assets at end of year | 2015-12-31 | $12,007,001 |
Value of total assets at beginning of year | 2015-12-31 | $11,916,597 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $34,333 |
Total interest from all sources | 2015-12-31 | $137 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $585,233 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $585,233 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $529,001 |
Participant contributions at beginning of year | 2015-12-31 | $515 |
Participant contributions at end of year | 2015-12-31 | $17,261 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $20,198 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $90,404 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,007,001 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $11,916,597 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $34,333 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $11,452,623 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $11,378,635 |
Interest on participant loans | 2015-12-31 | $7 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $285,093 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $293,816 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $293,816 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $130 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-677,118 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $501,229 |
Employer contributions (assets) at end of year | 2015-12-31 | $252,024 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $243,631 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $829,621 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2015-12-31 | 450250958 |