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VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 401k Plan overview

Plan NameVBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.
Plan identification number 003

VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BAY BANKS OF VIRGINIA, INC. has sponsored the creation of one or more 401k plans.

Company Name:BAY BANKS OF VIRGINIA, INC.
Employer identification number (EIN):541838100
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BAY BANKS OF VIRGINIA, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1997-02-10
Company Identification Number: 0479273
Legal Registered Office Address: 100 SOUTH MAIN STREET
P. O. BOX 5
KILMARNOCK
United States of America (USA)
22482

More information about BAY BANKS OF VIRGINIA, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032018-01-01
0032017-01-01BOBBI WEIMER PEGGY GEORGE2018-10-15
0032016-01-01LAURIE MILLIGAN PEGGY GEORGE2017-10-16
0032015-01-01LAURIE MILLIGAN PEGGY G. GEORGE2016-07-29
0032014-01-01BETTE J ALBERT PEGGY G. GEORGE2015-09-09
0032013-01-01BETTE J. ALBERT PEGGY G. GEORGE2014-07-28
0032012-01-01BETTE J. ALBERT PEGGY G. GEORGE2013-10-15
0032011-01-01BETTE J. ALBERT PEGGY G. GEORGE2012-07-26
0032009-01-01ROXANNE SHEPPARD PEGGY G. GEORGE2010-07-29

Plan Statistics for VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.

401k plan membership statisitcs for VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.

Measure Date Value
2021: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2021 401k membership
Total participants, beginning-of-year2021-01-01170
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-010
Number of participants with account balances2021-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2020 401k membership
Total participants, beginning-of-year2020-01-01269
Total number of active participants reported on line 7a of the Form 55002020-01-01141
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0133
Total of all active and inactive participants2020-01-01174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01174
Number of participants with account balances2020-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-017
2019: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2019 401k membership
Total participants, beginning-of-year2019-01-01221
Total number of active participants reported on line 7a of the Form 55002019-01-01168
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01100
Total of all active and inactive participants2019-01-01268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01268
Number of participants with account balances2019-01-01264
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-019
2018: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2018 401k membership
Total participants, beginning-of-year2018-01-01183
Total number of active participants reported on line 7a of the Form 55002018-01-01179
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0135
Total of all active and inactive participants2018-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01214
Number of participants with account balances2018-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0119
2017: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2017 401k membership
Total participants, beginning-of-year2017-01-01133
Total number of active participants reported on line 7a of the Form 55002017-01-01162
Number of retired or separated participants receiving benefits2017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-0157
Total of all active and inactive participants2017-01-01221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01221
Number of participants with account balances2017-01-01217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0114
2016: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2016 401k membership
Total participants, beginning-of-year2016-01-01139
Total number of active participants reported on line 7a of the Form 55002016-01-01124
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-016
Total of all active and inactive participants2016-01-01131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01131
Number of participants with account balances2016-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-014
2015: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2015 401k membership
Total participants, beginning-of-year2015-01-01132
Total number of active participants reported on line 7a of the Form 55002015-01-01128
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0110
Total of all active and inactive participants2015-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01139
Number of participants with account balances2015-01-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-014
2014: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2014 401k membership
Total participants, beginning-of-year2014-01-01113
Total number of active participants reported on line 7a of the Form 55002014-01-01130
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01132
Number of participants with account balances2014-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2013 401k membership
Total participants, beginning-of-year2013-01-01113
Total number of active participants reported on line 7a of the Form 55002013-01-01113
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-01113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01113
Number of participants with account balances2013-01-0178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2012 401k membership
Total participants, beginning-of-year2012-01-01128
Total number of active participants reported on line 7a of the Form 55002012-01-01105
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01108
Number of participants with account balances2012-01-0182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-016
2011: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2011 401k membership
Total participants, beginning-of-year2011-01-01130
Total number of active participants reported on line 7a of the Form 55002011-01-01115
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-01120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01121
Number of participants with account balances2011-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017
2009: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2009 401k membership
Total participants, beginning-of-year2009-01-01133
Total number of active participants reported on line 7a of the Form 55002009-01-01136
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-01140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01140
Number of participants with account balances2009-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.

Measure Date Value
2021 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$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$936,598
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$12,061,756
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$12,038,255
Value of total corrective distributions2021-12-31$117
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$386,307
Value of total assets at end of year2021-12-31$0
Value of total assets at beginning of year2021-12-31$11,125,158
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$23,384
Total interest from all sources2021-12-31$1,025
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$37,347
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2021-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$37,347
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$244,213
Participant contributions at beginning of year2021-12-31$127,116
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$47,136
Administrative expenses (other) incurred2021-12-31$23,384
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-11,125,158
Value of net assets at end of year (total assets less liabilities)2021-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$11,125,158
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
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$9,895,042
Interest on participant loans2021-12-31$1,025
Value of interest in common/collective trusts at beginning of year2021-12-31$1,103,000
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$508,749
Net investment gain or loss from common/collective trusts2021-12-31$3,170
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$94,958
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$12,038,255
Did the plan have assets held for investment2021-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31Yes
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ELLIOTT DAVIS, LLC
Accountancy firm EIN2021-12-31570381582
2020 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$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$2,619,094
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,058,211
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,037,176
Expenses. Certain deemed distributions of participant loans2020-12-31$3
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,371,342
Value of total assets at end of year2020-12-31$11,125,158
Value of total assets at beginning of year2020-12-31$9,564,275
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$21,032
Total interest from all sources2020-12-31$11,570
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$397,389
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$397,389
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
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$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$908,704
Participant contributions at end of year2020-12-31$127,116
Participant contributions at beginning of year2020-12-31$223,821
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$18,237
Other income not declared elsewhere2020-12-31$69
Administrative expenses (other) incurred2020-12-31$21,032
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$1,560,883
Value of net assets at end of year (total assets less liabilities)2020-12-31$11,125,158
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$9,564,275
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$9,895,042
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$7,802,661
Interest on participant loans2020-12-31$11,570
Value of interest in common/collective trusts at end of year2020-12-31$1,103,000
Value of interest in common/collective trusts at beginning of year2020-12-31$1,537,793
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$813,336
Net investment gain or loss from common/collective trusts2020-12-31$25,388
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$444,401
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,037,176
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 name2020-12-31DIXON HUGHES
Accountancy firm EIN2020-12-31560747981
2019 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$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 income from all sources (including contributions)2019-12-31$3,057,173
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$779,088
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$750,380
Expenses. Certain deemed distributions of participant loans2019-12-31$9,029
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,613,741
Value of total assets at end of year2019-12-31$9,564,275
Value of total assets at beginning of year2019-12-31$7,286,190
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$19,679
Total interest from all sources2019-12-31$9,285
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$247,133
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$247,133
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
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
Contributions received from participants2019-12-31$838,692
Participant contributions at end of year2019-12-31$223,821
Participant contributions at beginning of year2019-12-31$124,811
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$345,449
Other income not declared elsewhere2019-12-31$4
Administrative expenses (other) incurred2019-12-31$19,679
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$2,278,085
Value of net assets at end of year (total assets less liabilities)2019-12-31$9,564,275
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,286,190
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 leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$7,802,661
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$6,158,340
Interest on participant loans2019-12-31$9,285
Value of interest in common/collective trusts at end of year2019-12-31$1,537,793
Value of interest in common/collective trusts at beginning of year2019-12-31$1,003,039
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,152,493
Net investment gain or loss from common/collective trusts2019-12-31$34,517
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$429,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$750,380
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31DIXON HUGHES
Accountancy firm EIN2019-12-31560747981
2018 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$2,808,498
Total transfer of assets from this plan2018-12-31$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$1,244,781
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$3,163,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$3,123,698
Expenses. Certain deemed distributions of participant loans2018-12-31$647
Value of total corrective distributions2018-12-31$17,168
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,660,079
Value of total assets at end of year2018-12-31$7,286,190
Value of total assets at beginning of year2018-12-31$6,396,177
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$21,753
Total interest from all sources2018-12-31$4,153
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$293,075
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$293,075
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
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$787,706
Participant contributions at end of year2018-12-31$124,811
Participant contributions at beginning of year2018-12-31$62,175
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$470,055
Other income not declared elsewhere2018-12-31$-120
Administrative expenses (other) incurred2018-12-31$21,753
Total non interest bearing cash at beginning of year2018-12-31$30,482
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,918,485
Value of net assets at end of year (total assets less liabilities)2018-12-31$7,286,190
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$6,396,177
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$6,158,340
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$4,787,344
Interest on participant loans2018-12-31$4,153
Value of interest in common/collective trusts at end of year2018-12-31$1,003,039
Value of interest in common/collective trusts at beginning of year2018-12-31$1,515,458
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$718
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$718
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-729,463
Net investment gain or loss from common/collective trusts2018-12-31$17,057
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$402,318
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$3,123,698
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
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 name2018-12-31DIXON HUGHES
Accountancy firm EIN2018-12-31560747981
2017 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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$2,237,260
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,024,128
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,009,198
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,247,510
Value of total assets at end of year2017-12-31$6,396,177
Value of total assets at beginning of year2017-12-31$5,183,045
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$14,930
Total interest from all sources2017-12-31$2,071
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$285,323
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$285,323
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$4,600,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
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$445,311
Participant contributions at end of year2017-12-31$62,175
Participant contributions at beginning of year2017-12-31$62,351
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$554,913
Administrative expenses (other) incurred2017-12-31$11,353
Total non interest bearing cash at end of year2017-12-31$30,482
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,213,132
Value of net assets at end of year (total assets less liabilities)2017-12-31$6,396,177
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$5,183,045
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$3,577
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$4,787,344
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$3,892,580
Interest on participant loans2017-12-31$2,071
Value of interest in common/collective trusts at end of year2017-12-31$1,515,458
Value of interest in common/collective trusts at beginning of year2017-12-31$1,221,529
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$718
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$6,585
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$6,585
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$686,328
Net investment gain or loss from common/collective trusts2017-12-31$16,028
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$247,286
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,009,198
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
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 name2017-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2017-12-31560747981
2016 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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$7,800
Total income from all sources (including contributions)2016-12-31$918,255
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$843,134
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$829,721
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$566,635
Value of total assets at end of year2016-12-31$5,183,045
Value of total assets at beginning of year2016-12-31$5,115,724
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$13,413
Total interest from all sources2016-12-31$837
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$56,919
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$56,919
Administrative expenses professional fees incurred2016-12-31$3,082
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$4,600,000
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$365,024
Participant contributions at end of year2016-12-31$62,351
Participant contributions at beginning of year2016-12-31$31,267
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$8,382
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$75,121
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,183,045
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,107,924
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$7,803
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,892,580
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,137,818
Interest on participant loans2016-12-31$837
Value of interest in common/collective trusts at end of year2016-12-31$1,221,529
Value of interest in common/collective trusts at beginning of year2016-12-31$946,639
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$6,585
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$235,682
Net investment gain or loss from common/collective trusts2016-12-31$58,182
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$193,229
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$829,721
Contract administrator fees2016-12-31$2,528
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
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$7,800
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 name2016-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2016-12-31560747981
2015 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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$7,800
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$612,297
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$82,714
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$70,729
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$673,774
Value of total assets at end of year2015-12-31$5,115,724
Value of total assets at beginning of year2015-12-31$4,578,341
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$11,985
Total interest from all sources2015-12-31$1,366
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$229,694
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$229,694
Administrative expenses professional fees incurred2015-12-31$3,357
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$4,600,000
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$345,004
Participant contributions at end of year2015-12-31$31,267
Participant contributions at beginning of year2015-12-31$39,375
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$152,773
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$529,583
Value of net assets at end of year (total assets less liabilities)2015-12-31$5,107,924
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,578,341
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$8,628
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,137,818
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,526,988
Interest on participant loans2015-12-31$1,366
Value of interest in common/collective trusts at end of year2015-12-31$946,639
Value of interest in common/collective trusts at beginning of year2015-12-31$11,978
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-298,796
Net investment gain or loss from common/collective trusts2015-12-31$6,259
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$175,997
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$70,729
Liabilities. Value of benefit claims payable at end of year2015-12-31$7,800
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
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 name2015-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2015-12-31560747981
2014 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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$617,166
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$43,689
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$31,770
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$424,764
Value of total assets at end of year2014-12-31$4,578,341
Value of total assets at beginning of year2014-12-31$4,004,864
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$11,919
Total interest from all sources2014-12-31$633
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$238,006
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$238,006
Administrative expenses professional fees incurred2014-12-31$3,444
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$4,600,000
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$291,548
Participant contributions at end of year2014-12-31$39,375
Participant contributions at beginning of year2014-12-31$18,404
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$22,482
Other income not declared elsewhere2014-12-31$142
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$573,477
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,578,341
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,004,864
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$7,575
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,526,988
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,852,422
Interest on participant loans2014-12-31$633
Value of interest in common/collective trusts at end of year2014-12-31$11,978
Value of interest in common/collective trusts at beginning of year2014-12-31$134,038
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-46,339
Net investment gain or loss from common/collective trusts2014-12-31$-40
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$110,734
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$31,770
Contract administrator fees2014-12-31$900
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 name2014-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2014-12-31560747981
2013 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
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$1,117,359
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$483,921
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$472,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$385,965
Value of total assets at end of year2013-12-31$4,004,864
Value of total assets at beginning of year2013-12-31$3,371,426
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$10,961
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$95,118
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$95,118
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
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$257,810
Participant contributions at end of year2013-12-31$18,404
Participant contributions at beginning of year2013-12-31$9,434
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$20,668
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$633,438
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,004,864
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,371,426
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$6,417
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,852,422
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,258,264
Value of interest in common/collective trusts at end of year2013-12-31$134,038
Value of interest in common/collective trusts at beginning of year2013-12-31$103,728
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$639,138
Net investment gain or loss from common/collective trusts2013-12-31$-2,862
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$107,487
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$472,960
Contract administrator fees2013-12-31$4,544
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
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 name2013-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2013-12-31560747981
2012 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$7,187
Total income from all sources (including contributions)2012-12-31$872,067
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,611,075
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,601,306
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$323,368
Value of total assets at end of year2012-12-31$3,371,426
Value of total assets at beginning of year2012-12-31$4,117,621
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$9,769
Total interest from all sources2012-12-31$680
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$82,897
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$82,897
Administrative expenses professional fees incurred2012-12-31$3,195
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
If this is an individual account plan, was there a blackout period2012-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$235,081
Participant contributions at end of year2012-12-31$9,434
Participant contributions at beginning of year2012-12-31$9,814
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-739,008
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,371,426
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,110,434
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$200
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,258,264
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,994,008
Interest on participant loans2012-12-31$680
Value of interest in common/collective trusts at end of year2012-12-31$103,728
Value of interest in common/collective trusts at beginning of year2012-12-31$113,784
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$15
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$15
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$461,140
Net investment gain or loss from common/collective trusts2012-12-31$3,982
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$88,287
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,601,306
Contract administrator fees2012-12-31$6,374
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31Yes
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$7,187
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DIXON HUGHES GOODMAN LLP
Accountancy firm EIN2012-12-31560747981
2011 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$7,187
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$14,992
Total income from all sources (including contributions)2011-12-31$289,708
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$142,556
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$131,524
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$395,268
Value of total assets at end of year2011-12-31$4,117,621
Value of total assets at beginning of year2011-12-31$3,978,274
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$11,032
Total interest from all sources2011-12-31$403
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$56,811
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$56,811
Administrative expenses professional fees incurred2011-12-31$3,777
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
If this is an individual account plan, was there a blackout period2011-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$289,164
Participant contributions at end of year2011-12-31$9,814
Participant contributions at beginning of year2011-12-31$8,362
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$147,152
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,110,434
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,963,282
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$7,255
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,994,008
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,942,530
Interest on participant loans2011-12-31$403
Value of interest in common/collective trusts at end of year2011-12-31$113,784
Value of interest in common/collective trusts at beginning of year2011-12-31$26,058
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$15
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,324
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,324
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-169,082
Net investment gain or loss from common/collective trusts2011-12-31$6,308
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$106,104
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$131,524
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31Yes
Liabilities. Value of benefit claims payable at end of year2011-12-31$7,187
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$14,992
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2011-12-31541149263
2010 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$14,992
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$877,783
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$65,093
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$55,255
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$391,802
Value of total assets at end of year2010-12-31$3,978,274
Value of total assets at beginning of year2010-12-31$3,150,592
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$9,838
Total interest from all sources2010-12-31$341
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$55,797
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$55,797
Administrative expenses professional fees incurred2010-12-31$3,969
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$284,880
Participant contributions at end of year2010-12-31$8,362
Participant contributions at beginning of year2010-12-31$10,829
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$812,690
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,963,282
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,150,592
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$5,869
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,942,530
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,013,398
Interest on participant loans2010-12-31$338
Value of interest in common/collective trusts at end of year2010-12-31$26,058
Value of interest in common/collective trusts at beginning of year2010-12-31$125,031
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,324
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,334
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,334
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$410,046
Net investment gain or loss from common/collective trusts2010-12-31$19,797
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$106,922
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$55,255
Liabilities. Value of benefit claims payable at end of year2010-12-31$14,992
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2010-12-31541149263
2009 : VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC.

2021: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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 filingYes
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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 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
2012: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: VBA DEFINED CONTRIBUTION PLAN FOR BAY BANKS OF VIRGINIA, INC. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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