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AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 401k Plan overview

Plan NameAMERICAN STATE BANCSHARES, INC. 401(K) PLAN
Plan identification number 001

AMERICAN STATE BANCSHARES, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AMERICAN STATE BANCSHARES, INC. has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN STATE BANCSHARES, INC.
Employer identification number (EIN):481235941
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN STATE BANCSHARES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01STEPHANIE WHITEKILLER
0012016-01-01ROBIN LACKAMP
0012015-01-01ROBIN LACKAMP
0012014-01-01ROBIN LACKAMP
0012013-01-01ROBIN LACKAMP
0012012-01-01ROBIN LACKAMP2013-10-03
0012011-01-01DIANE STALCUP2012-07-16
0012010-01-01DIANE STALCUP2011-12-06
0012009-01-01DIANE STALCUP
0012008-01-01DIANE STALCUP

Plan Statistics for AMERICAN STATE BANCSHARES, INC. 401(K) PLAN

401k plan membership statisitcs for AMERICAN STATE BANCSHARES, INC. 401(K) PLAN

Measure Date Value
2021: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01160
Total number of active participants reported on line 7a of the Form 55002021-01-0183
Number of retired or separated participants receiving benefits2021-01-014
Number of other retired or separated participants entitled to future benefits2021-01-0135
Total of all active and inactive participants2021-01-01122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01122
Number of participants with account balances2021-01-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01157
Total number of active participants reported on line 7a of the Form 55002020-01-01135
Number of retired or separated participants receiving benefits2020-01-016
Number of other retired or separated participants entitled to future benefits2020-01-0120
Total of all active and inactive participants2020-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01161
Number of participants with account balances2020-01-01142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01162
Total number of active participants reported on line 7a of the Form 55002019-01-01132
Number of retired or separated participants receiving benefits2019-01-015
Number of other retired or separated participants entitled to future benefits2019-01-0120
Total of all active and inactive participants2019-01-01157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01157
Number of participants with account balances2019-01-01134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01172
Total number of active participants reported on line 7a of the Form 55002018-01-01133
Number of retired or separated participants receiving benefits2018-01-014
Number of other retired or separated participants entitled to future benefits2018-01-0125
Total of all active and inactive participants2018-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01162
Number of participants with account balances2018-01-01138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01187
Total number of active participants reported on line 7a of the Form 55002017-01-01153
Number of retired or separated participants receiving benefits2017-01-015
Number of other retired or separated participants entitled to future benefits2017-01-0115
Total of all active and inactive participants2017-01-01173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01173
Number of participants with account balances2017-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01190
Total number of active participants reported on line 7a of the Form 55002016-01-01159
Number of retired or separated participants receiving benefits2016-01-013
Number of other retired or separated participants entitled to future benefits2016-01-0125
Total of all active and inactive participants2016-01-01187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01187
Number of participants with account balances2016-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01184
Total number of active participants reported on line 7a of the Form 55002015-01-01167
Number of retired or separated participants receiving benefits2015-01-012
Number of other retired or separated participants entitled to future benefits2015-01-0121
Total of all active and inactive participants2015-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01190
Number of participants with account balances2015-01-01157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01184
Total number of active participants reported on line 7a of the Form 55002014-01-01150
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-0132
Total of all active and inactive participants2014-01-01184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01184
Number of participants with account balances2014-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-012
2013: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01161
Total number of active participants reported on line 7a of the Form 55002013-01-01147
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0126
Total of all active and inactive participants2013-01-01174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01174
Number of participants with account balances2013-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-017
2009: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0197
Total number of active participants reported on line 7a of the Form 55002009-01-0189
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0112
Total of all active and inactive participants2009-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01102
Number of participants with account balances2009-01-0185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0191
Total number of active participants reported on line 7a of the Form 55002008-01-0183
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-0114
Total of all active and inactive participants2008-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0197
Number of participants with account balances2008-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-012

Financial Data on AMERICAN STATE BANCSHARES, INC. 401(K) PLAN

Measure Date Value
2021 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$2,306,882
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$4,918,975
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$4,869,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$826,246
Value of total assets at end of year2021-12-31$9,574,092
Value of total assets at beginning of year2021-12-31$12,186,185
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$49,200
Total interest from all sources2021-12-31$3,084
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$208,790
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$208,790
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$31,822
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$550,939
Participant contributions at end of year2021-12-31$34,525
Participant contributions at beginning of year2021-12-31$74,616
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$36,851
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$3,887
Other income not declared elsewhere2021-12-31$727
Total non interest bearing cash at beginning of year2021-12-31$133
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-2,612,093
Value of net assets at end of year (total assets less liabilities)2021-12-31$9,574,092
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$12,186,185
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$47,700
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$7,783,214
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$10,331,778
Interest on participant loans2021-12-31$3,084
Value of interest in common/collective trusts at end of year2021-12-31$1,756,353
Value of interest in common/collective trusts at beginning of year2021-12-31$1,775,771
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,235,109
Net investment gain or loss from common/collective trusts2021-12-31$32,926
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$238,456
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$4,869,775
Contract administrator fees2021-12-31$1,500
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31Yes
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31GJ & COMPANY, LLC
Accountancy firm EIN2021-12-31480970195
2020 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$2,409,808
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$857,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$823,372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$857,456
Value of total assets at end of year2020-12-31$12,186,185
Value of total assets at beginning of year2020-12-31$10,633,972
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$34,223
Total interest from all sources2020-12-31$6,613
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$147,225
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$147,225
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$38,302
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$606,187
Participant contributions at end of year2020-12-31$74,616
Participant contributions at beginning of year2020-12-31$131,127
Participant contributions at beginning of year2020-12-31$17,085
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$4,985
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$3,887
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$3,935
Other income not declared elsewhere2020-12-31$532
Total non interest bearing cash at end of year2020-12-31$133
Total non interest bearing cash at beginning of year2020-12-31$5,137
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,552,213
Value of net assets at end of year (total assets less liabilities)2020-12-31$12,186,185
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$10,633,972
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$33,698
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$10,331,778
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$8,708,539
Interest on participant loans2020-12-31$6,612
Value of interest in common/collective trusts at end of year2020-12-31$1,775,771
Value of interest in common/collective trusts at beginning of year2020-12-31$1,760,897
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$174
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$174
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,359,157
Net investment gain or loss from common/collective trusts2020-12-31$38,825
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$246,284
Employer contributions (assets) at beginning of year2020-12-31$7,078
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$823,372
Contract administrator fees2020-12-31$525
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31GJ & COMPANY, LLC
Accountancy firm EIN2020-12-31480970195
2019 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$2,541,077
Total income from all sources (including contributions)2019-12-31$2,541,077
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,303,715
Total of all expenses incurred2019-12-31$1,303,715
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,270,336
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,270,336
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$846,837
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$846,837
Value of total assets at end of year2019-12-31$10,633,972
Value of total assets at end of year2019-12-31$10,633,972
Value of total assets at beginning of year2019-12-31$9,396,610
Value of total assets at beginning of year2019-12-31$9,396,610
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$33,379
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$33,379
Total interest from all sources2019-12-31$6,284
Total interest from all sources2019-12-31$6,284
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$159,631
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$159,631
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$159,631
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$159,631
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$4,750,000
Value of fidelity bond cover2019-12-31$4,750,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$543,488
Contributions received from participants2019-12-31$543,488
Participant contributions at end of year2019-12-31$131,127
Participant contributions at end of year2019-12-31$131,127
Participant contributions at end of year2019-12-31$17,085
Participant contributions at end of year2019-12-31$17,085
Participant contributions at beginning of year2019-12-31$18,798
Participant contributions at beginning of year2019-12-31$18,798
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$84,719
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$84,719
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$3,935
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$3,935
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$741
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$741
Other income not declared elsewhere2019-12-31$738
Other income not declared elsewhere2019-12-31$738
Total non interest bearing cash at end of year2019-12-31$5,137
Total non interest bearing cash at end of year2019-12-31$5,137
Total non interest bearing cash at beginning of year2019-12-31$229
Total non interest bearing cash at beginning of year2019-12-31$229
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,237,362
Value of net income/loss2019-12-31$1,237,362
Value of net assets at end of year (total assets less liabilities)2019-12-31$10,633,972
Value of net assets at end of year (total assets less liabilities)2019-12-31$10,633,972
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$9,396,610
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$9,396,610
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$32,554
Investment advisory and management fees2019-12-31$32,554
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$8,708,539
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$8,708,539
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,540,568
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$7,540,568
Interest on participant loans2019-12-31$6,284
Interest on participant loans2019-12-31$6,284
Value of interest in common/collective trusts at end of year2019-12-31$1,760,897
Value of interest in common/collective trusts at end of year2019-12-31$1,760,897
Value of interest in common/collective trusts at beginning of year2019-12-31$1,828,094
Value of interest in common/collective trusts at beginning of year2019-12-31$1,828,094
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$174
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$174
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,340,423
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,340,423
Net investment gain or loss from common/collective trusts2019-12-31$187,164
Net investment gain or loss from common/collective trusts2019-12-31$187,164
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$218,630
Contributions received in cash from employer2019-12-31$218,630
Employer contributions (assets) at end of year2019-12-31$7,078
Employer contributions (assets) at end of year2019-12-31$7,078
Employer contributions (assets) at beginning of year2019-12-31$8,180
Employer contributions (assets) at beginning of year2019-12-31$8,180
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,270,336
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,270,336
Contract administrator fees2019-12-31$825
Contract administrator fees2019-12-31$825
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31GJ & COMPANY, LLC
Accountancy firm name2019-12-31GJ & COMPANY, LLC
Accountancy firm EIN2019-12-31480970195
Accountancy firm EIN2019-12-31480970195
2018 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$471,793
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,553,247
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,518,579
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$880,879
Value of total assets at end of year2018-12-31$9,396,610
Value of total assets at beginning of year2018-12-31$10,478,064
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$34,668
Total interest from all sources2018-12-31$6,801
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$163,820
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$163,820
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$4,750,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$561,918
Participant contributions at end of year2018-12-31$18,798
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$79,264
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$741
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$1,747
Total non interest bearing cash at end of year2018-12-31$229
Total non interest bearing cash at beginning of year2018-12-31$2,248
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,081,454
Value of net assets at end of year (total assets less liabilities)2018-12-31$9,396,610
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$10,478,064
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$33,743
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$7,540,568
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$8,169,790
Interest earned on other investments2018-12-31$6,801
Value of interest in common/collective trusts at end of year2018-12-31$1,828,094
Value of interest in common/collective trusts at beginning of year2018-12-31$2,304,279
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-620,438
Net investment gain or loss from common/collective trusts2018-12-31$40,731
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$239,697
Employer contributions (assets) at end of year2018-12-31$8,180
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,518,579
Contract administrator fees2018-12-31$925
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31GJ & COMPANY, LLC
Accountancy firm EIN2018-12-31480970195
2017 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,237,863
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,749,309
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,715,445
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$877,623
Value of total assets at end of year2017-12-31$10,478,064
Value of total assets at beginning of year2017-12-31$9,989,510
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$33,864
Total interest from all sources2017-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$160,505
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$160,505
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$4,750,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$578,594
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$50,821
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$1,747
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,422
Other income not declared elsewhere2017-12-31$8,458
Total non interest bearing cash at end of year2017-12-31$2,248
Total non interest bearing cash at beginning of year2017-12-31$2,134
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$488,554
Value of net assets at end of year (total assets less liabilities)2017-12-31$10,478,064
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$9,989,510
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$32,714
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$8,169,790
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$7,440,208
Value of interest in common/collective trusts at end of year2017-12-31$2,304,279
Value of interest in common/collective trusts at beginning of year2017-12-31$2,542,746
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,149,770
Net investment gain or loss from common/collective trusts2017-12-31$41,507
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$248,208
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,715,445
Contract administrator fees2017-12-31$1,150
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31GJ & COMPANY, LLC
Accountancy firm EIN2017-12-31480970195
2016 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,589,756
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$506,850
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$475,767
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,000,306
Value of total assets at end of year2016-12-31$9,989,510
Value of total assets at beginning of year2016-12-31$8,906,604
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$31,083
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$100,384
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$100,384
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$3,500,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$585,295
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$153,770
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,422
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$3,104
Other income not declared elsewhere2016-12-31$7,765
Total non interest bearing cash at end of year2016-12-31$2,134
Total non interest bearing cash at beginning of year2016-12-31$2,036
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,082,906
Value of net assets at end of year (total assets less liabilities)2016-12-31$9,989,510
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$8,906,604
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$30,433
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$7,440,208
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,613,934
Value of interest in common/collective trusts at end of year2016-12-31$2,542,746
Value of interest in common/collective trusts at beginning of year2016-12-31$2,287,530
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$442,206
Net investment gain or loss from common/collective trusts2016-12-31$39,095
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$261,241
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$475,767
Contract administrator fees2016-12-31$650
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31GJ & COMPANY, LLC
Accountancy firm EIN2016-12-31480970195
2015 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$1,197,758
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$742,272
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$712,629
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,140,341
Value of total assets at end of year2015-12-31$8,906,604
Value of total assets at beginning of year2015-12-31$8,451,118
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$29,643
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$99,214
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$99,214
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$3,500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$563,701
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$340,989
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$3,104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$2,987
Other income not declared elsewhere2015-12-31$7,940
Total non interest bearing cash at end of year2015-12-31$2,036
Total non interest bearing cash at beginning of year2015-12-31$15,806
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$455,486
Value of net assets at end of year (total assets less liabilities)2015-12-31$8,906,604
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,451,118
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$28,668
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$6,613,934
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$6,252,689
Value of interest in common/collective trusts at end of year2015-12-31$2,287,530
Value of interest in common/collective trusts at beginning of year2015-12-31$2,179,636
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-82,769
Net investment gain or loss from common/collective trusts2015-12-31$33,032
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$235,651
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$712,629
Contract administrator fees2015-12-31$975
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31GJ & COMPANY, LLC
Accountancy firm EIN2015-12-31480970195
2014 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,124,103
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,120,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,092,293
Value of total corrective distributions2014-12-31$31
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$787,549
Value of total assets at end of year2014-12-31$8,451,118
Value of total assets at beginning of year2014-12-31$8,447,331
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$27,992
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$108,915
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$108,915
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$512,091
Participant contributions at beginning of year2014-12-31$3,403
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$49,609
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$2,987
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$2,887
Other income not declared elsewhere2014-12-31$5,979
Total non interest bearing cash at end of year2014-12-31$15,806
Total non interest bearing cash at beginning of year2014-12-31$11,456
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$3,787
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,451,118
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$8,447,331
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$27,392
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$6,252,689
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$6,179,046
Value of interest in common/collective trusts at end of year2014-12-31$2,179,636
Value of interest in common/collective trusts at beginning of year2014-12-31$2,249,031
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$191,600
Net investment gain or loss from common/collective trusts2014-12-31$30,060
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$225,849
Employer contributions (assets) at beginning of year2014-12-31$1,508
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,092,293
Contract administrator fees2014-12-31$600
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31GJ & COMPANY, LLC
Accountancy firm EIN2014-12-31480970195
2013 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$3,418,468
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,953,010
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$723,573
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$698,024
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$886,080
Value of total assets at end of year2013-12-31$8,447,331
Value of total assets at beginning of year2013-12-31$3,799,426
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$25,549
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$87,572
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$87,572
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$3,500,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$526,217
Participant contributions at end of year2013-12-31$3,403
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$143,370
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$2,887
Total non interest bearing cash at end of year2013-12-31$11,456
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,229,437
Value of net assets at end of year (total assets less liabilities)2013-12-31$8,447,331
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,799,426
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$22,814
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$6,179,046
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,311,494
Value of interest in common/collective trusts at end of year2013-12-31$2,249,031
Value of interest in common/collective trusts at beginning of year2013-12-31$487,932
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$945,935
Net investment gain or loss from common/collective trusts2013-12-31$33,423
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$216,493
Employer contributions (assets) at end of year2013-12-31$1,508
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$698,024
Contract administrator fees2013-12-31$2,735
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31GUTSCHENRITTER & JOHNSON, L.L.C.
Accountancy firm EIN2013-12-31480970195
2009 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2009 401k financial data
Total income from all sources2009-12-31$750,803
Expenses. Total of all expenses incurred2009-12-31$283,612
Benefits paid (including direct rollovers)2009-12-31$273,483
Total plan assets at end of year2009-12-31$2,340,090
Total plan assets at beginning of year2009-12-31$1,872,899
Value of fidelity bond covering the plan2009-12-31$3,500,000
Total contributions received or receivable from participants2009-12-31$286,746
Other income received2009-12-31$340,542
Net income (gross income less expenses)2009-12-31$467,191
Net plan assets at end of year (total assets less liabilities)2009-12-31$2,340,090
Net plan assets at beginning of year (total assets less liabilities)2009-12-31$1,872,899
Assets. Value of participant loans2009-12-31$2,229
Total contributions received or receivable from employer(s)2009-12-31$123,515
Expenses. Administrative service providers (salaries,fees and commissions)2009-12-31$10,129
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0
2008 : AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2008 401k financial data
Transfers to/from the plan2008-12-31$653,192
Total income from all sources2008-12-31$-141,987
Expenses. Total of all expenses incurred2008-12-31$84,488
Benefits paid (including direct rollovers)2008-12-31$74,642
Total plan assets at end of year2008-12-31$1,872,899
Total plan assets at beginning of year2008-12-31$1,446,182
Value of fidelity bond covering the plan2008-12-31$3,500,000
Total contributions received or receivable from participants2008-12-31$288,787
Expenses. Other expenses not covered elsewhere2008-12-31$9,846
Contributions received from other sources (not participants or employers)2008-12-31$12,248
Other income received2008-12-31$-568,259
Net income (gross income less expenses)2008-12-31$-226,475
Net plan assets at end of year (total assets less liabilities)2008-12-31$1,872,899
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$1,446,182
Assets. Value of participant loans2008-12-31$3,320
Total contributions received or receivable from employer(s)2008-12-31$125,237
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2008-12-31$0

Form 5500 Responses for AMERICAN STATE BANCSHARES, INC. 401(K) PLAN

2021: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2009: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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
2008: AMERICAN STATE BANCSHARES, INC. 401(K) PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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