?>
Plan Name | VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT |
Plan identification number | 002 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | BANK OF BOTETOURT |
Employer identification number (EIN): | 540132390 |
NAIC Classification: | 522110 |
NAIC Description: | Commercial Banking |
Additional information about BANK OF BOTETOURT
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1901-09-27 |
Company Identification Number: | 0000314 |
Legal Registered Office Address: |
MAIN STREET P.O. BOX 905 BUCHANAN United States of America (USA) 24066 |
More information about BANK OF BOTETOURT
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-01-01 | ||||
002 | 2021-01-01 | ||||
002 | 2020-01-01 | ||||
002 | 2019-01-01 | ||||
002 | 2018-01-01 | BOBBI WEIMER | 2019-06-11 | MICHELLE A. CROOK | 2019-06-12 |
002 | 2017-01-01 | BOBBI WEIMER | 2018-08-21 | MICHELLE A. CROOK | 2018-08-22 |
002 | 2016-01-01 | LAURIE MILLIGAN | 2017-07-17 | MICHELLE A CROOK | 2017-07-19 |
002 | 2015-01-01 | BETTE J. ALBERT | 2016-06-08 | MICHELLE A. CROOK | 2016-06-22 |
002 | 2014-01-01 | BETTE J. ALBERT | 2015-07-15 | MICHELLE A. CROOK | 2015-07-17 |
002 | 2013-01-01 | BETTE J. ALBERT | 2014-05-30 | MICHELLE A. CROOK | 2014-06-02 |
002 | 2012-01-01 | BETTE J. ALBERT | 2013-04-29 | MICHELLE A. CROOK | 2013-04-26 |
002 | 2011-01-01 | BETTE J. ALBERT | 2012-03-16 | MICHELLE A. CROOK | 2012-03-29 |
002 | 2010-01-01 | BETTE J. ALBERT | 2011-05-17 | MICHELLE A. ALEXANDER | 2011-05-19 |
Measure | Date | Value |
---|---|---|
2022: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 148 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 120 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 2 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 28 |
Total of all active and inactive participants | 2022-01-01 | 150 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1 |
Total participants | 2022-01-01 | 151 |
Number of participants with account balances | 2022-01-01 | 146 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 5 |
2021: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 137 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 129 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 2 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 16 |
Total of all active and inactive participants | 2021-01-01 | 147 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 1 |
Total participants | 2021-01-01 | 148 |
Number of participants with account balances | 2021-01-01 | 139 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 3 |
2020: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 127 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 124 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 13 |
Total of all active and inactive participants | 2020-01-01 | 137 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 137 |
Number of participants with account balances | 2020-01-01 | 0 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 1 |
2019: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2019 401k membership | ||
Total participants, beginning-of-year | 2019-01-01 | 133 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 115 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 12 |
Total of all active and inactive participants | 2019-01-01 | 127 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 0 |
Total participants | 2019-01-01 | 127 |
Number of participants with account balances | 2019-01-01 | 118 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2022 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-869,722 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $483,585 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $422,405 |
Value of total corrective distributions | 2022-12-31 | $383 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $756,612 |
Value of total assets at end of year | 2022-12-31 | $8,913,506 |
Value of total assets at beginning of year | 2022-12-31 | $10,266,813 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $60,797 |
Total interest from all sources | 2022-12-31 | $4,673 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $148,158 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $148,158 |
Was this plan covered by a fidelity bond | 2022-12-31 | No |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $406,607 |
Participant contributions at end of year | 2022-12-31 | $110,028 |
Participant contributions at beginning of year | 2022-12-31 | $118,042 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $18,308 |
Other income not declared elsewhere | 2022-12-31 | $2 |
Administrative expenses (other) incurred | 2022-12-31 | $60,797 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,353,307 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $8,913,506 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,266,813 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $1,896,521 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,070,264 |
Interest on participant loans | 2022-12-31 | $4,673 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $6,906,957 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $78,507 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,601,807 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-177,360 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $331,697 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $422,405 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | YOUNT, HYDE, BARBOUR, P.C. |
Accountancy firm EIN | 2022-12-31 | 541149263 |
2021 : VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2021 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $1,639,562 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $521,656 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $457,235 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $592,061 |
Value of total assets at end of year | 2021-12-31 | $10,266,813 |
Value of total assets at beginning of year | 2021-12-31 | $9,148,907 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $64,421 |
Total interest from all sources | 2021-12-31 | $4,435 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $307,390 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $307,390 |
Was this plan covered by a fidelity bond | 2021-12-31 | No |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $392,990 |
Participant contributions at end of year | 2021-12-31 | $118,042 |
Participant contributions at beginning of year | 2021-12-31 | $100,241 |
Other income not declared elsewhere | 2021-12-31 | $43 |
Administrative expenses (other) incurred | 2021-12-31 | $64,421 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,117,906 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,266,813 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $9,148,907 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,070,264 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $8,946,762 |
Interest on participant loans | 2021-12-31 | $4,435 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $78,507 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $101,904 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $711,373 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $24,260 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $199,071 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $457,235 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
Accountancy firm name | 2021-12-31 | YOUNT, HYDE, BARBOUR, P.C. |
Accountancy firm EIN | 2021-12-31 | 541149263 |
2020 : VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2020 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $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 | $1,678 |
Total income from all sources (including contributions) | 2020-12-31 | $1,343,306 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $146,930 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $118,219 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $510,421 |
Value of total assets at end of year | 2020-12-31 | $9,148,907 |
Value of total assets at beginning of year | 2020-12-31 | $7,954,209 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $28,711 |
Total interest from all sources | 2020-12-31 | $4,188 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $197,866 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $197,866 |
Was this plan covered by a fidelity bond | 2020-12-31 | No |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $358,504 |
Participant contributions at end of year | 2020-12-31 | $100,241 |
Participant contributions at beginning of year | 2020-12-31 | $58,362 |
Participant contributions at beginning of year | 2020-12-31 | $13,240 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $1,678 |
Other income not declared elsewhere | 2020-12-31 | $54,127 |
Administrative expenses (other) incurred | 2020-12-31 | $28,711 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $21,715 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,196,376 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $9,148,907 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,952,531 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $8,946,762 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,272,800 |
Interest on participant loans | 2020-12-31 | $4,188 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $101,904 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $2,476,510 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $567,560 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $9,144 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $151,917 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $111,582 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $118,219 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | YOUNT, HYDE, BARBOUR, P.C. |
Accountancy firm EIN | 2020-12-31 | 541149263 |
2019 : VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2019 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,678 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,678 |
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 | $1,970,949 |
Total income from all sources (including contributions) | 2019-12-31 | $1,970,949 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $464,517 |
Total of all expenses incurred | 2019-12-31 | $464,517 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $451,123 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $451,123 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $579,016 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $579,016 |
Value of total assets at end of year | 2019-12-31 | $7,954,209 |
Value of total assets at end of year | 2019-12-31 | $7,954,209 |
Value of total assets at beginning of year | 2019-12-31 | $6,446,099 |
Value of total assets at beginning of year | 2019-12-31 | $6,446,099 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $13,394 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $13,394 |
Total interest from all sources | 2019-12-31 | $2,691 |
Total interest from all sources | 2019-12-31 | $2,691 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $205,016 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $205,016 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $205,016 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $205,016 |
Administrative expenses professional fees incurred | 2019-12-31 | $3,490 |
Administrative expenses professional fees incurred | 2019-12-31 | $3,490 |
Was this plan covered by a fidelity bond | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $316,555 |
Contributions received from participants | 2019-12-31 | $316,555 |
Participant contributions at end of year | 2019-12-31 | $58,362 |
Participant contributions at end of year | 2019-12-31 | $58,362 |
Participant contributions at beginning of year | 2019-12-31 | $49,286 |
Participant contributions at beginning of year | 2019-12-31 | $49,286 |
Participant contributions at end of year | 2019-12-31 | $13,240 |
Participant contributions at end of year | 2019-12-31 | $13,240 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,678 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $1,678 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at end of year | 2019-12-31 | $21,715 |
Total non interest bearing cash at end of year | 2019-12-31 | $21,715 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,506,432 |
Value of net income/loss | 2019-12-31 | $1,506,432 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,952,531 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $7,952,531 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $6,446,099 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $6,446,099 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $9,904 |
Investment advisory and management fees | 2019-12-31 | $9,904 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,272,800 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $5,234,208 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $5,234,208 |
Interest on participant loans | 2019-12-31 | $2,691 |
Interest on participant loans | 2019-12-31 | $2,691 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $2,476,510 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $2,476,510 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,162,605 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $1,162,605 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,070,706 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,070,706 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $113,520 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $113,520 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $262,461 |
Contributions received in cash from employer | 2019-12-31 | $262,461 |
Employer contributions (assets) at end of year | 2019-12-31 | $111,582 |
Employer contributions (assets) at end of year | 2019-12-31 | $111,582 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $451,123 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $451,123 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | YOUNT, HYDE, BARBOUR, P.C. |
Accountancy firm name | 2019-12-31 | YOUNT, HYDE, BARBOUR, P.C. |
Accountancy firm EIN | 2019-12-31 | 541149263 |
Accountancy firm EIN | 2019-12-31 | 541149263 |
2022: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | No |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: VBA DEFINED CONTRIBUTION PLAN FOR BANK OF BOTETOURT 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |