ALLIANCE BANK CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ALLIANCE BANK 401(K) PLAN AND TRUST
Measure | Date | Value |
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2011 : ALLIANCE BANK 401(K) PLAN AND TRUST 2011 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $316,915 |
Total of all expenses incurred | 2011-12-31 | $1,052,081 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $971,108 |
Value of total corrective distributions | 2011-12-31 | $79,098 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $262,179 |
Value of total assets at end of year | 2011-12-31 | $2,320,757 |
Value of total assets at beginning of year | 2011-12-31 | $3,055,923 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,875 |
Total interest from all sources | 2011-12-31 | $1,306 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $1,875 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $243,509 |
Participant contributions at end of year | 2011-12-31 | $33,391 |
Participant contributions at beginning of year | 2011-12-31 | $130,924 |
Participant contributions at end of year | 2011-12-31 | $6,788 |
Participant contributions at beginning of year | 2011-12-31 | $8,522 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $18,670 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-735,166 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,320,757 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $3,055,923 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $2,152,867 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $2,788,766 |
Interest on participant loans | 2011-12-31 | $1,306 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $127,711 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $127,711 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $68,171 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $971,108 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | TURNER, JONES & ASSOCIATES, PLLC |
Accountancy firm EIN | 2011-12-31 | 542024361 |
2010 : ALLIANCE BANK 401(K) PLAN AND TRUST 2010 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total transfer of assets to this plan | 2010-12-31 | $0 |
Total transfer of assets from this plan | 2010-12-31 | $728,182 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $620,156 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $225,712 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $222,195 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $2,517 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $260,607 |
Value of total assets at end of year | 2010-12-31 | $3,055,923 |
Value of total assets at beginning of year | 2010-12-31 | $3,389,661 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,000 |
Total interest from all sources | 2010-12-31 | $2,346 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $1,000 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $257,600 |
Participant contributions at end of year | 2010-12-31 | $130,924 |
Participant contributions at beginning of year | 2010-12-31 | $83,393 |
Participant contributions at end of year | 2010-12-31 | $8,522 |
Participant contributions at beginning of year | 2010-12-31 | $9,169 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $0 |
Administrative expenses (other) incurred | 2010-12-31 | $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 | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $394,444 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $3,055,923 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,389,661 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $2,788,766 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $3,115,484 |
Interest on participant loans | 2010-12-31 | $2,346 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $127,711 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $179,564 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $357,203 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $3,007 |
Employer contributions (assets) at end of year | 2010-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $2,051 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $222,195 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | TURNER, JONES & ASSOCIATES, PLLC |
Accountancy firm EIN | 2010-12-31 | 542024361 |