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FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN 401k Plan overview

Plan NameFIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN
Plan identification number 002

FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FIRST BANK & TRUST COMPANY OF FULLERTON has sponsored the creation of one or more 401k plans.

Company Name:FIRST BANK & TRUST COMPANY OF FULLERTON
Employer identification number (EIN):470162360
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022011-01-01GARY NORTHRUP2012-07-24
0022009-01-01GARY NORTHRUP GARY NORTHRUP2010-09-20

Plan Statistics for FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN

Measure Date Value
2009: FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0125
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0125
Number of participants with account balances2009-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN

Measure Date Value
2010 : FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$209,376
Expenses. Total of all expenses incurred2010-12-31$6,000
Benefits paid (including direct rollovers)2010-12-31$6,000
Total plan assets at end of year2010-12-31$1,616,385
Total plan assets at beginning of year2010-12-31$1,413,009
Value of fidelity bond covering the plan2010-12-31$1,675,000
Total contributions received or receivable from participants2010-12-31$57,022
Other income received2010-12-31$99,933
Net income (gross income less expenses)2010-12-31$203,376
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,616,385
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,413,009
Assets. Value of participant loans2010-12-31$82,558
Assets. Value of employer securities2010-12-31$115,710
Total contributions received or receivable from employer(s)2010-12-31$52,421
2009 : FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN

2009: FIRST BANK & TRUST COMPANY OF FULLERTON PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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