401k Plan data: CALHOUN COUNTY BANK PENSION PLAN plan

CALHOUN COUNTY BANK PENSION PLAN 401k Plan overview

Plan Name	CALHOUN COUNTY BANK PENSION PLAN
Plan identification number	001

CALHOUN COUNTY BANK PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CALHOUN COUNTY BANK has sponsored the creation of one or more 401k plans.

Company Name: CALHOUN COUNTY BANK

Employer identification number (EIN): 550681478

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CALHOUN COUNTY BANK PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 CHRISTOPHER P. ARDEN 2024-10-04
001 2022-01-01 CHRISTOPHER P. ARDEN 2023-07-13
001 2021-01-01 CHRISTOPHER P. ARDEN 2022-06-06
001 2020-01-01 CHRISTOPHER P. ARDEN 2021-07-19
001 2019-01-01 CHRISTOPHER P. ARDEN 2020-07-10
001 2018-01-01 CHRISTOPHER P. ARDEN 2019-10-01
001 2017-01-01 CHRISTOPHER P. ARDEN 2018-09-14
001 2016-01-01 CHRISTOPHER P. ARDEN 2017-06-28
001 2015-01-01 CHRISTOPHER P. ARDEN 2016-04-25
001 2014-01-01 CHRISTOPHER P. ARDEN 2015-06-29
001 2013-01-01 CHRISTOPHER P. ARDEN 2014-07-14
001 2012-01-01 CHRISTOPHER P. ARDEN 2013-07-16
001 2011-01-01 CHRISTOPHER P. ARDEN 2012-06-15
001 2010-01-01 CHRISTOPHER P. ARDEN 2011-06-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	CHRISTOPHER P. ARDEN	2024-10-04
001	2022-01-01	CHRISTOPHER P. ARDEN	2023-07-13
001	2021-01-01	CHRISTOPHER P. ARDEN	2022-06-06
001	2020-01-01	CHRISTOPHER P. ARDEN	2021-07-19
001	2019-01-01	CHRISTOPHER P. ARDEN	2020-07-10
001	2018-01-01	CHRISTOPHER P. ARDEN	2019-10-01
001	2017-01-01	CHRISTOPHER P. ARDEN	2018-09-14
001	2016-01-01	CHRISTOPHER P. ARDEN	2017-06-28
001	2015-01-01	CHRISTOPHER P. ARDEN	2016-04-25
001	2014-01-01	CHRISTOPHER P. ARDEN	2015-06-29
001	2013-01-01	CHRISTOPHER P. ARDEN	2014-07-14
001	2012-01-01	CHRISTOPHER P. ARDEN	2013-07-16
001	2011-01-01	CHRISTOPHER P. ARDEN	2012-06-15
001	2010-01-01	CHRISTOPHER P. ARDEN	2011-06-17

Plan Statistics for CALHOUN COUNTY BANK PENSION PLAN

401k plan membership statisitcs for CALHOUN COUNTY BANK PENSION PLAN

Measure Date Value
2024: CALHOUN COUNTY BANK PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-10-04 29
Total number of particpants at end of year 2024-10-04 0
2022: CALHOUN COUNTY BANK PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 2,466,904
Acturial value of plan assets 2022-12-31 2,466,904
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 70,343
Number of terminated vested participants 2022-12-31 4
Fundng target for terminated vested participants 2022-12-31 49,312
Active participant vested funding target 2022-12-31 1,430,340
Number of active participants 2022-12-31 23
Total funding liabilities for active participants 2022-12-31 1,430,340
Total participant count 2022-12-31 30
Total funding target for all participants 2022-12-31 1,549,995
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 355,965
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 355,965
Present value of excess contributions 2022-12-31 232,933
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 246,303
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 404,447
Total employer contributions 2022-12-31 240,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 233,141
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 102,392
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 233,141
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total number of particpants at beginning of year 2022-06-06 33
Total number of particpants at end of year 2022-06-06 30
2021: CALHOUN COUNTY BANK PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 1,998,728
Acturial value of plan assets 2021-12-31 1,998,728
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 106,123
Number of terminated vested participants 2021-12-31 3
Fundng target for terminated vested participants 2021-12-31 37,224
Active participant vested funding target 2021-12-31 1,211,439
Number of active participants 2021-12-31 26
Total funding liabilities for active participants 2021-12-31 1,211,439
Total participant count 2021-12-31 33
Total funding target for all participants 2021-12-31 1,354,786
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 316,723
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 316,723
Present value of excess contributions 2021-12-31 174,834
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 184,572
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 355,965
Total employer contributions 2021-12-31 240,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 232,933
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 93,990
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 232,933
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: CALHOUN COUNTY BANK PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 1,883,140
Acturial value of plan assets 2020-12-31 1,883,140
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 114,886
Number of terminated vested participants 2020-12-31 4
Fundng target for terminated vested participants 2020-12-31 40,547
Active participant vested funding target 2020-12-31 1,268,452
Number of active participants 2020-12-31 27
Total funding liabilities for active participants 2020-12-31 1,268,452
Total participant count 2020-12-31 35
Total funding target for all participants 2020-12-31 1,423,885
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 272,778
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 272,778
Present value of excess contributions 2020-12-31 63,073
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 66,681
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 316,723
Total employer contributions 2020-12-31 180,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 174,834
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 96,425
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 174,834
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: CALHOUN COUNTY BANK PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,626,658
Acturial value of plan assets 2019-12-31 1,626,658
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 120,276
Number of terminated vested participants 2019-12-31 3
Fundng target for terminated vested participants 2019-12-31 33,117
Active participant vested funding target 2019-12-31 1,195,324
Number of active participants 2019-12-31 29
Total funding liabilities for active participants 2019-12-31 1,195,324
Total participant count 2019-12-31 36
Total funding target for all participants 2019-12-31 1,348,717
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 286,923
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 286,923
Present value of excess contributions 2019-12-31 221,765
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 234,871
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 272,778
Total employer contributions 2019-12-31 180,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 174,708
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 116,798
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 111,635
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 111,635
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 174,708
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: CALHOUN COUNTY BANK PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,627,455
Acturial value of plan assets 2018-12-31 1,627,455
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 126,822
Number of terminated vested participants 2018-12-31 4
Fundng target for terminated vested participants 2018-12-31 40,286
Active participant vested funding target 2018-12-31 1,068,736
Number of active participants 2018-12-31 32
Total funding liabilities for active participants 2018-12-31 1,068,736
Total participant count 2018-12-31 40
Total funding target for all participants 2018-12-31 1,235,844
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 262,678
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 262,678
Present value of excess contributions 2018-12-31 243,420
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 258,147
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 286,923
Total employer contributions 2018-12-31 240,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 232,717
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 115,640
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 10,952
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 10,952
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 232,717
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: CALHOUN COUNTY BANK PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,753,502
Acturial value of plan assets 2017-12-31 1,753,502
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 125,760
Number of terminated vested participants 2017-12-31 3
Fundng target for terminated vested participants 2017-12-31 427,761
Active participant vested funding target 2017-12-31 883,787
Number of active participants 2017-12-31 36
Total funding liabilities for active participants 2017-12-31 889,877
Total participant count 2017-12-31 43
Total funding target for all participants 2017-12-31 1,443,398
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 247,693
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 247,693
Present value of excess contributions 2017-12-31 109,522
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 116,378
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 262,678
Total employer contributions 2017-12-31 296,760
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 287,553
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 91,559
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 44,133
Additional cash requirement 2017-12-31 44,133
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 287,553
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: CALHOUN COUNTY BANK PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,538,514
Acturial value of plan assets 2016-12-31 1,538,514
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 130,121
Number of terminated vested participants 2016-12-31 4
Fundng target for terminated vested participants 2016-12-31 35,819
Active participant vested funding target 2016-12-31 1,116,976
Number of active participants 2016-12-31 40
Total funding liabilities for active participants 2016-12-31 1,124,425
Total participant count 2016-12-31 48
Total funding target for all participants 2016-12-31 1,290,365
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 276,946
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 276,946
Present value of excess contributions 2016-12-31 153,763
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 163,681
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 21,000
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 247,693
Total employer contributions 2016-12-31 240,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 232,310
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 123,244
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 122,788
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 122,788
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 232,310
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2024: CALHOUN COUNTY BANK PENSION PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-10-04	29
Total number of particpants at end of year	2024-10-04	0
2022: CALHOUN COUNTY BANK PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	2,466,904
Acturial value of plan assets	2022-12-31	2,466,904
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	70,343
Number of terminated vested participants	2022-12-31	4
Fundng target for terminated vested participants	2022-12-31	49,312
Active participant vested funding target	2022-12-31	1,430,340
Number of active participants	2022-12-31	23
Total funding liabilities for active participants	2022-12-31	1,430,340
Total participant count	2022-12-31	30
Total funding target for all participants	2022-12-31	1,549,995
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	355,965
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	355,965
Present value of excess contributions	2022-12-31	232,933
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	246,303
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	404,447
Total employer contributions	2022-12-31	240,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	233,141
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	102,392
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	233,141
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total number of particpants at beginning of year	2022-06-06	33
Total number of particpants at end of year	2022-06-06	30
2021: CALHOUN COUNTY BANK PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	1,998,728
Acturial value of plan assets	2021-12-31	1,998,728
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	106,123
Number of terminated vested participants	2021-12-31	3
Fundng target for terminated vested participants	2021-12-31	37,224
Active participant vested funding target	2021-12-31	1,211,439
Number of active participants	2021-12-31	26
Total funding liabilities for active participants	2021-12-31	1,211,439
Total participant count	2021-12-31	33
Total funding target for all participants	2021-12-31	1,354,786
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	316,723
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	316,723
Present value of excess contributions	2021-12-31	174,834
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	184,572
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	355,965
Total employer contributions	2021-12-31	240,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	232,933
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	93,990
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	232,933
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: CALHOUN COUNTY BANK PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	1,883,140
Acturial value of plan assets	2020-12-31	1,883,140
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	114,886
Number of terminated vested participants	2020-12-31	4
Fundng target for terminated vested participants	2020-12-31	40,547
Active participant vested funding target	2020-12-31	1,268,452
Number of active participants	2020-12-31	27
Total funding liabilities for active participants	2020-12-31	1,268,452
Total participant count	2020-12-31	35
Total funding target for all participants	2020-12-31	1,423,885
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	272,778
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	272,778
Present value of excess contributions	2020-12-31	63,073
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	66,681
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	316,723
Total employer contributions	2020-12-31	180,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	174,834
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	96,425
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	174,834
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: CALHOUN COUNTY BANK PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,626,658
Acturial value of plan assets	2019-12-31	1,626,658
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	120,276
Number of terminated vested participants	2019-12-31	3
Fundng target for terminated vested participants	2019-12-31	33,117
Active participant vested funding target	2019-12-31	1,195,324
Number of active participants	2019-12-31	29
Total funding liabilities for active participants	2019-12-31	1,195,324
Total participant count	2019-12-31	36
Total funding target for all participants	2019-12-31	1,348,717
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	286,923
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	286,923
Present value of excess contributions	2019-12-31	221,765
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	234,871
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	272,778
Total employer contributions	2019-12-31	180,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	174,708
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	116,798
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	111,635
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	111,635
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	174,708
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: CALHOUN COUNTY BANK PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,627,455
Acturial value of plan assets	2018-12-31	1,627,455
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	126,822
Number of terminated vested participants	2018-12-31	4
Fundng target for terminated vested participants	2018-12-31	40,286
Active participant vested funding target	2018-12-31	1,068,736
Number of active participants	2018-12-31	32
Total funding liabilities for active participants	2018-12-31	1,068,736
Total participant count	2018-12-31	40
Total funding target for all participants	2018-12-31	1,235,844
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	262,678
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	262,678
Present value of excess contributions	2018-12-31	243,420
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	258,147
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	286,923
Total employer contributions	2018-12-31	240,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	232,717
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	115,640
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	10,952
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	10,952
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	232,717
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: CALHOUN COUNTY BANK PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,753,502
Acturial value of plan assets	2017-12-31	1,753,502
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	125,760
Number of terminated vested participants	2017-12-31	3
Fundng target for terminated vested participants	2017-12-31	427,761
Active participant vested funding target	2017-12-31	883,787
Number of active participants	2017-12-31	36
Total funding liabilities for active participants	2017-12-31	889,877
Total participant count	2017-12-31	43
Total funding target for all participants	2017-12-31	1,443,398
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	247,693
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	247,693
Present value of excess contributions	2017-12-31	109,522
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	116,378
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	262,678
Total employer contributions	2017-12-31	296,760
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	287,553
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	91,559
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	44,133
Additional cash requirement	2017-12-31	44,133
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	287,553
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: CALHOUN COUNTY BANK PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,538,514
Acturial value of plan assets	2016-12-31	1,538,514
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	130,121
Number of terminated vested participants	2016-12-31	4
Fundng target for terminated vested participants	2016-12-31	35,819
Active participant vested funding target	2016-12-31	1,116,976
Number of active participants	2016-12-31	40
Total funding liabilities for active participants	2016-12-31	1,124,425
Total participant count	2016-12-31	48
Total funding target for all participants	2016-12-31	1,290,365
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	276,946
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	276,946
Present value of excess contributions	2016-12-31	153,763
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	163,681
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	21,000
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	247,693
Total employer contributions	2016-12-31	240,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	232,310
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	123,244
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	122,788
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	122,788
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	232,310
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

Financial Data on CALHOUN COUNTY BANK PENSION PLAN

Measure	Date	Value
2024 : CALHOUN COUNTY BANK PENSION PLAN 2024 401k financial data
Total transfers to/from plan in this plan year	2024-10-04	0
Total liabilities as of the end of the plan year	2024-10-04	0
Total liabilities as of the beginning of the plan year	2024-10-04	0
Total expenses incurred by plan in this plan year	2024-10-04	2526594
Net assets as of the end of the plan year	2024-10-04	0
Total assets as of the beginning of the plan year	2024-10-04	2375431
Value of plan covered by a fidelity bond	2024-10-04	3000000
Participant contributions to plan in this plan year	2024-10-04	0
Other expenses paid from plan in this plan year	2024-10-04	2784
Other contributions to plan in this plan year	2024-10-04	0
Other income to plan in this plan year	2024-10-04	92663
Plan net income in this plan year	2024-10-04	-2375431
Net assets as of the end of the plan year	2024-10-04	0
Net assets as of the beginning of the plan year	2024-10-04	2375431
Employer contributions to plan in this plan year	2024-10-04	58500
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-04	11380
2022 : CALHOUN COUNTY BANK PENSION PLAN 2022 401k financial data
Total liabilities as of the end of the plan year	2022-06-06	0
Total liabilities as of the beginning of the plan year	2022-06-06	0
Total expenses incurred by plan in this plan year	2022-06-06	54698
Net assets as of the end of the plan year	2022-06-06	2466904
Total assets as of the beginning of the plan year	2022-06-06	1998728
Value of plan covered by a fidelity bond	2022-06-06	3000000
Participant contributions to plan in this plan year	2022-06-06	0
Other expenses paid from plan in this plan year	2022-06-06	0
Other contributions to plan in this plan year	2022-06-06	0
Other income to plan in this plan year	2022-06-06	282874
Plan net income in this plan year	2022-06-06	468176
Net assets as of the end of the plan year	2022-06-06	2466904
Net assets as of the beginning of the plan year	2022-06-06	1998728
Employer contributions to plan in this plan year	2022-06-06	240000
Expensese paid to adminstrative service provicers from plan in this plan year	2022-06-06	20986

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	CALHOUN COUNTY BANK
Employer identification number (EIN):	550681478
NAIC Classification:	522110
NAIC Description:	Commercial Banking