401k Plan data: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN plan

MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 401k Plan overview

Plan Name	MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN
Plan identification number	001

MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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

MARYLAND BANKERS ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: MARYLAND BANKERS ASSOCIATION

Employer identification number (EIN): 521545256

NAIC Classification: 813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01 PAT FLANIGAN 2016-10-03 PAT FLANIGAN 2016-10-03
001 2014-01-01 PAT FLANIGAN 2015-09-16 PAT FLANIGAN 2015-09-16
001 2013-01-01 PAT FLANIGAN 2014-09-26 PAT FLANIGAN 2014-09-26
001 2012-01-01 PAT FLANIGAN 2013-10-11
001 2011-01-01 CINDY GENTILCORE 2012-10-05 CINDY GENTILCORE 2012-10-05
001 2010-01-01 KATHLEEN MURPHY 2011-10-10 KATHLEEN MURPHY 2011-10-10

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01	PAT FLANIGAN	2016-10-03	PAT FLANIGAN	2016-10-03
001	2014-01-01	PAT FLANIGAN	2015-09-16	PAT FLANIGAN	2015-09-16
001	2013-01-01	PAT FLANIGAN	2014-09-26	PAT FLANIGAN	2014-09-26
001	2012-01-01	PAT FLANIGAN	2013-10-11
001	2011-01-01	CINDY GENTILCORE	2012-10-05	CINDY GENTILCORE	2012-10-05
001	2010-01-01	KATHLEEN MURPHY	2011-10-10	KATHLEEN MURPHY	2011-10-10

Plan Statistics for MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN

401k plan membership statisitcs for MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN

Measure Date Value
2020: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,395,022
Acturial value of plan assets 2020-12-31 1,395,022
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 640,089
Number of terminated vested participants 2020-12-31 5
Fundng target for terminated vested participants 2020-12-31 196,858
Active participant vested funding target 2020-12-31 570,334
Number of active participants 2020-12-31 4
Total funding liabilities for active participants 2020-12-31 570,334
Total participant count 2020-12-31 14
Total funding target for all participants 2020-12-31 1,407,281
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 103,627
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 25,390
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 78,237
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 90,997
Total employer contributions 2020-12-31 420,915
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 407,570
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 103,256
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 9,124
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 9,124
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 407,570
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,211,617
Acturial value of plan assets 2019-12-31 1,211,617
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 566,615
Number of terminated vested participants 2019-12-31 6
Fundng target for terminated vested participants 2019-12-31 253,071
Active participant vested funding target 2019-12-31 529,056
Number of active participants 2019-12-31 4
Total funding liabilities for active participants 2019-12-31 529,056
Total participant count 2019-12-31 14
Total funding target for all participants 2019-12-31 1,348,742
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 97,955
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 103,627
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 103,627
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 103,627
Total employer contributions 2019-12-31 33,717
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 32,479
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 0
Net shortfall amortization installment of oustanding balance 2019-12-31 240,752
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 57,565
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 25,086
Additional cash requirement 2019-12-31 32,479
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 32,479
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,165,040
Acturial value of plan assets 2018-12-31 1,165,040
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 395,080
Number of terminated vested participants 2018-12-31 7
Fundng target for terminated vested participants 2018-12-31 413,437
Active participant vested funding target 2018-12-31 486,334
Number of active participants 2018-12-31 4
Total funding liabilities for active participants 2018-12-31 486,334
Total participant count 2018-12-31 14
Total funding target for all participants 2018-12-31 1,294,851
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 705
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 747
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 146,862
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 142,912
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 129,811
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 44,957
Additional cash requirement 2018-12-31 44,957
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 142,912
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 976,083
Acturial value of plan assets 2017-12-31 976,083
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 385,372
Number of terminated vested participants 2017-12-31 7
Fundng target for terminated vested participants 2017-12-31 358,450
Active participant vested funding target 2017-12-31 425,017
Number of active participants 2017-12-31 4
Total funding liabilities for active participants 2017-12-31 425,017
Total participant count 2017-12-31 14
Total funding target for all participants 2017-12-31 1,168,839
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 8
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 8
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 51,618
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 49,284
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 0
Net shortfall amortization installment of oustanding balance 2017-12-31 192,756
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 48,579
Additional cash requirement 2017-12-31 48,579
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 49,284
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 935,227
Acturial value of plan assets 2016-12-31 935,227
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 419,431
Number of terminated vested participants 2016-12-31 6
Fundng target for terminated vested participants 2016-12-31 253,497
Active participant vested funding target 2016-12-31 479,148
Number of active participants 2016-12-31 5
Total funding liabilities for active participants 2016-12-31 479,148
Total participant count 2016-12-31 15
Total funding target for all participants 2016-12-31 1,152,076
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 6,005
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 6,005
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 49,792
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 46,596
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 216,849
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 46,588
Additional cash requirement 2016-12-31 46,588
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 46,596
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2020: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,395,022
Acturial value of plan assets	2020-12-31	1,395,022
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	640,089
Number of terminated vested participants	2020-12-31	5
Fundng target for terminated vested participants	2020-12-31	196,858
Active participant vested funding target	2020-12-31	570,334
Number of active participants	2020-12-31	4
Total funding liabilities for active participants	2020-12-31	570,334
Total participant count	2020-12-31	14
Total funding target for all participants	2020-12-31	1,407,281
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	103,627
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	25,390
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	78,237
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	90,997
Total employer contributions	2020-12-31	420,915
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	407,570
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	103,256
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	9,124
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	9,124
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	407,570
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,211,617
Acturial value of plan assets	2019-12-31	1,211,617
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	566,615
Number of terminated vested participants	2019-12-31	6
Fundng target for terminated vested participants	2019-12-31	253,071
Active participant vested funding target	2019-12-31	529,056
Number of active participants	2019-12-31	4
Total funding liabilities for active participants	2019-12-31	529,056
Total participant count	2019-12-31	14
Total funding target for all participants	2019-12-31	1,348,742
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	97,955
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	103,627
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	103,627
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	103,627
Total employer contributions	2019-12-31	33,717
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	32,479
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	0
Net shortfall amortization installment of oustanding balance	2019-12-31	240,752
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	57,565
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	25,086
Additional cash requirement	2019-12-31	32,479
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	32,479
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,165,040
Acturial value of plan assets	2018-12-31	1,165,040
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	395,080
Number of terminated vested participants	2018-12-31	7
Fundng target for terminated vested participants	2018-12-31	413,437
Active participant vested funding target	2018-12-31	486,334
Number of active participants	2018-12-31	4
Total funding liabilities for active participants	2018-12-31	486,334
Total participant count	2018-12-31	14
Total funding target for all participants	2018-12-31	1,294,851
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	705
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	747
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	146,862
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	142,912
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	129,811
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	44,957
Additional cash requirement	2018-12-31	44,957
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	142,912
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	976,083
Acturial value of plan assets	2017-12-31	976,083
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	385,372
Number of terminated vested participants	2017-12-31	7
Fundng target for terminated vested participants	2017-12-31	358,450
Active participant vested funding target	2017-12-31	425,017
Number of active participants	2017-12-31	4
Total funding liabilities for active participants	2017-12-31	425,017
Total participant count	2017-12-31	14
Total funding target for all participants	2017-12-31	1,168,839
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	8
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	8
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	51,618
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	49,284
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	192,756
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	48,579
Additional cash requirement	2017-12-31	48,579
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	49,284
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: MARYLAND BANKERS ASSOCIATION RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	935,227
Acturial value of plan assets	2016-12-31	935,227
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	419,431
Number of terminated vested participants	2016-12-31	6
Fundng target for terminated vested participants	2016-12-31	253,497
Active participant vested funding target	2016-12-31	479,148
Number of active participants	2016-12-31	5
Total funding liabilities for active participants	2016-12-31	479,148
Total participant count	2016-12-31	15
Total funding target for all participants	2016-12-31	1,152,076
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	6,005
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	6,005
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	49,792
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	46,596
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	216,849
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	46,588
Additional cash requirement	2016-12-31	46,588
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	46,596
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	MARYLAND BANKERS ASSOCIATION
Employer identification number (EIN):	521545256
NAIC Classification:	813000
NAIC Description:	Religious, Grantmaking, Civic, Professional, and Similar Organizations