401k Plan data: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. plan

PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 401k Plan overview

Plan Name	PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.
Plan identification number	001

PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 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).

401k Sponsoring company profile

ASHEVILLE SAVINGS BANK, S.S.B. has sponsored the creation of one or more 401k plans.

Company Name: ASHEVILLE SAVINGS BANK, S.S.B.

Employer identification number (EIN): 560125550

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 JONNA BRADHAM
001 2015-01-01 JONNA BRADHAM
001 2014-01-01 JONNA BRADHAM
001 2013-01-01 JONNA BRADHAM
001 2012-01-01 JONNA BRADHAM JONNA BRADHAM 2013-10-11
001 2011-01-01 JONNA G. BRADHAM
001 2009-01-01 JONNA BRADHAM

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	JONNA BRADHAM
001	2015-01-01	JONNA BRADHAM
001	2014-01-01	JONNA BRADHAM
001	2013-01-01	JONNA BRADHAM
001	2012-01-01	JONNA BRADHAM	JONNA BRADHAM	2013-10-11
001	2011-01-01	JONNA G. BRADHAM
001	2009-01-01	JONNA BRADHAM

Plan Statistics for PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.

401k plan membership statisitcs for PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.

Measure Date Value
2016: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2016 401k membership
Market value of plan assets 2016-12-14 20,666,427
Acturial value of plan assets 2016-12-14 20,946,791
Funding target for retired participants and beneficiaries receiving payment 2016-12-14 8,803,534
Number of terminated vested participants 2016-12-14 48
Fundng target for terminated vested participants 2016-12-14 2,563,989
Active participant vested funding target 2016-12-14 5,350,509
Number of active participants 2016-12-14 70
Total funding liabilities for active participants 2016-12-14 5,399,391
Total participant count 2016-12-14 187
Total funding target for all participants 2016-12-14 16,766,914
Balance at beginning of prior year after applicable adjustments 2016-12-14 5,747,550
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-14 2,518,087
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-14 180,000
Prefunding balanced used to offset prior years funding requirement 2016-12-14 0
Amount remaining of carryover balance 2016-12-14 5,567,550
Amount remaining of prefunding balance 2016-12-14 2,518,087
Present value of excess contributions 2016-12-14 4,278,966
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-14 4,533,971
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-14 4,533,971
Reductions in caryover balances due to elections or deemed elections 2016-12-14 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-14 0
Balance of carryovers at beginning of current year 2016-12-14 5,442,280
Balance of prefunding at beginning of current year 2016-12-14 6,995,401
Total employer contributions 2016-12-14 714,695
Total employee contributions 2016-12-14 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-14 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-14 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-14 678,665
Liquidity shortfalls end of Q1 2016-12-14 0
Liquidity shortfalls end of Q2 2016-12-14 0
Liquidity shortfalls end of Q3 2016-12-14 0
Liquidity shortfalls end of Q4 2016-12-14 0
Unpaid minimum required contributions for all prior years 2016-12-14 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-14 0
Remaining amount of unpaid minimum required contributions 2016-12-14 0
Minimum required contributions for current year target normal cost 2016-12-14 180,000
Net shortfall amortization installment of oustanding balance 2016-12-14 0
Waiver amortization installment 2016-12-14 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-14 180,000
Carryover balance elected to use to offset funding requirement 2016-12-14 131,907
Prefunding balance elected to use to offset funding requirement 2016-12-14 0
Additional cash requirement 2016-12-14 48,093
Contributions allocatedtoward minimum required contributions for current year 2016-12-14 678,665
Unpaid minimum required contributions for current year 2016-12-14 0
Unpaid minimum required contributions for all years 2016-12-14 0
Total participants, beginning-of-year 2016-01-01 187
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2015 401k membership
Total participants, beginning-of-year 2015-01-01 203
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 69
Number of retired or separated participants receiving benefits 2015-01-01 64
Number of other retired or separated participants entitled to future benefits 2015-01-01 49
Total of all active and inactive participants 2015-01-01 182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 5
Total participants 2015-01-01 187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2014 401k membership
Total participants, beginning-of-year 2014-01-01 226
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 81
Number of retired or separated participants receiving benefits 2014-01-01 59
Number of other retired or separated participants entitled to future benefits 2014-01-01 58
Total of all active and inactive participants 2014-01-01 198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 5
Total participants 2014-01-01 203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2013 401k membership
Total participants, beginning-of-year 2013-01-01 226
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 98
Number of retired or separated participants receiving benefits 2013-01-01 56
Number of other retired or separated participants entitled to future benefits 2013-01-01 67
Total of all active and inactive participants 2013-01-01 221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 5
Total participants 2013-01-01 226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2012 401k membership
Total participants, beginning-of-year 2012-01-01 229
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 106
Number of retired or separated participants receiving benefits 2012-01-01 47
Number of other retired or separated participants entitled to future benefits 2012-01-01 69
Total of all active and inactive participants 2012-01-01 222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 4
Total participants 2012-01-01 226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2011 401k membership
Total participants, beginning-of-year 2011-01-01 235
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 119
Number of retired or separated participants receiving benefits 2011-01-01 45
Number of other retired or separated participants entitled to future benefits 2011-01-01 61
Total of all active and inactive participants 2011-01-01 225
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 4
Total participants 2011-01-01 229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2009 401k membership
Total participants, beginning-of-year 2009-01-01 229
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 146
Number of retired or separated participants receiving benefits 2009-01-01 36
Number of other retired or separated participants entitled to future benefits 2009-01-01 50
Total of all active and inactive participants 2009-01-01 232
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 3
Total participants 2009-01-01 235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 16

Measure	Date	Value
2016: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2016 401k membership
Market value of plan assets	2016-12-14	20,666,427
Acturial value of plan assets	2016-12-14	20,946,791
Funding target for retired participants and beneficiaries receiving payment	2016-12-14	8,803,534
Number of terminated vested participants	2016-12-14	48
Fundng target for terminated vested participants	2016-12-14	2,563,989
Active participant vested funding target	2016-12-14	5,350,509
Number of active participants	2016-12-14	70
Total funding liabilities for active participants	2016-12-14	5,399,391
Total participant count	2016-12-14	187
Total funding target for all participants	2016-12-14	16,766,914
Balance at beginning of prior year after applicable adjustments	2016-12-14	5,747,550
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-14	2,518,087
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-14	180,000
Prefunding balanced used to offset prior years funding requirement	2016-12-14	0
Amount remaining of carryover balance	2016-12-14	5,567,550
Amount remaining of prefunding balance	2016-12-14	2,518,087
Present value of excess contributions	2016-12-14	4,278,966
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-14	4,533,971
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-14	4,533,971
Reductions in caryover balances due to elections or deemed elections	2016-12-14	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-14	0
Balance of carryovers at beginning of current year	2016-12-14	5,442,280
Balance of prefunding at beginning of current year	2016-12-14	6,995,401
Total employer contributions	2016-12-14	714,695
Total employee contributions	2016-12-14	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-14	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-14	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-14	678,665
Liquidity shortfalls end of Q1	2016-12-14	0
Liquidity shortfalls end of Q2	2016-12-14	0
Liquidity shortfalls end of Q3	2016-12-14	0
Liquidity shortfalls end of Q4	2016-12-14	0
Unpaid minimum required contributions for all prior years	2016-12-14	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-14	0
Remaining amount of unpaid minimum required contributions	2016-12-14	0
Minimum required contributions for current year target normal cost	2016-12-14	180,000
Net shortfall amortization installment of oustanding balance	2016-12-14	0
Waiver amortization installment	2016-12-14	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-14	180,000
Carryover balance elected to use to offset funding requirement	2016-12-14	131,907
Prefunding balance elected to use to offset funding requirement	2016-12-14	0
Additional cash requirement	2016-12-14	48,093
Contributions allocatedtoward minimum required contributions for current year	2016-12-14	678,665
Unpaid minimum required contributions for current year	2016-12-14	0
Unpaid minimum required contributions for all years	2016-12-14	0
Total participants, beginning-of-year	2016-01-01	187
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2015 401k membership
Total participants, beginning-of-year	2015-01-01	203
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	69
Number of retired or separated participants receiving benefits	2015-01-01	64
Number of other retired or separated participants entitled to future benefits	2015-01-01	49
Total of all active and inactive participants	2015-01-01	182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	5
Total participants	2015-01-01	187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2014 401k membership
Total participants, beginning-of-year	2014-01-01	226
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	81
Number of retired or separated participants receiving benefits	2014-01-01	59
Number of other retired or separated participants entitled to future benefits	2014-01-01	58
Total of all active and inactive participants	2014-01-01	198
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	5
Total participants	2014-01-01	203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2013 401k membership
Total participants, beginning-of-year	2013-01-01	226
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	98
Number of retired or separated participants receiving benefits	2013-01-01	56
Number of other retired or separated participants entitled to future benefits	2013-01-01	67
Total of all active and inactive participants	2013-01-01	221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	5
Total participants	2013-01-01	226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2012 401k membership
Total participants, beginning-of-year	2012-01-01	229
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	106
Number of retired or separated participants receiving benefits	2012-01-01	47
Number of other retired or separated participants entitled to future benefits	2012-01-01	69
Total of all active and inactive participants	2012-01-01	222
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	4
Total participants	2012-01-01	226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2011 401k membership
Total participants, beginning-of-year	2011-01-01	235
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	119
Number of retired or separated participants receiving benefits	2011-01-01	45
Number of other retired or separated participants entitled to future benefits	2011-01-01	61
Total of all active and inactive participants	2011-01-01	225
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	4
Total participants	2011-01-01	229
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2009 401k membership
Total participants, beginning-of-year	2009-01-01	229
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	146
Number of retired or separated participants receiving benefits	2009-01-01	36
Number of other retired or separated participants entitled to future benefits	2009-01-01	50
Total of all active and inactive participants	2009-01-01	232
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	3
Total participants	2009-01-01	235
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	16

Financial Data on PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.

Measure	Date	Value
2016 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-14	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-14	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-14	$8,424
Total income from all sources (including contributions)	2016-12-14	$2,289,681
Total loss/gain on sale of assets	2016-12-14	$0
Total of all expenses incurred	2016-12-14	$23,148,288
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-14	$22,899,426
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-14	$714,695
Value of total assets at end of year	2016-12-14	$0
Value of total assets at beginning of year	2016-12-14	$20,867,031
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-14	$248,862
Total interest from all sources	2016-12-14	$4,267
Total dividends received (eg from common stock, registered investment company shares)	2016-12-14	$421,917
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-14	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-12-14	$0
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-14	$421,917
Administrative expenses professional fees incurred	2016-12-14	$212,840
Was this plan covered by a fidelity bond	2016-12-14	Yes
Value of fidelity bond cover	2016-12-14	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-14	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-14	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-14	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-14	$67,884
Administrative expenses (other) incurred	2016-12-14	$15,357
Liabilities. Value of operating payables at end of year	2016-12-14	$0
Liabilities. Value of operating payables at beginning of year	2016-12-14	$8,424
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-14	No
Value of net income/loss	2016-12-14	$-20,858,607
Value of net assets at end of year (total assets less liabilities)	2016-12-14	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-12-14	$20,858,607
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-14	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-14	No
Were any leases to which the plan was party in default or uncollectible	2016-12-14	No
Investment advisory and management fees	2016-12-14	$20,665
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-14	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-14	$15,469,096
Income. Interest from US Government securities	2016-12-14	$4,123
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-14	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-14	$118,963
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-14	$118,963
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-14	$144
Expenses. Payments to insurance carriers foe the provision of benefits	2016-12-14	$14,211,300
Asset value of US Government securities at end of year	2016-12-14	$0
Asset value of US Government securities at beginning of year	2016-12-14	$461,088
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-14	$1,148,802
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-14	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-14	No
Has the plan failed to provide any benefit when due under the plan	2016-12-14	No
Contributions received in cash from employer	2016-12-14	$714,695
Employer contributions (assets) at end of year	2016-12-14	$0
Employer contributions (assets) at beginning of year	2016-12-14	$4,750,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-14	$8,688,126
Did the plan have assets held for investment	2016-12-14	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-14	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-14	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-14	No
Opinion of an independent qualified public accountant for this plan	2016-12-14	Unqualified
Accountancy firm name	2016-12-14	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2016-12-14	560747981
2015 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$8,424
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$9,350
Total income from all sources (including contributions)	2015-12-31	$4,352,296
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,836,842
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$1,658,701
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$4,750,000
Value of total assets at end of year	2015-12-31	$20,867,031
Value of total assets at beginning of year	2015-12-31	$18,352,503
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$178,141
Total interest from all sources	2015-12-31	$347
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$559,856
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$559,856
Administrative expenses professional fees incurred	2015-12-31	$69,960
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$67,884
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$59,981
Administrative expenses (other) incurred	2015-12-31	$81,288
Liabilities. Value of operating payables at end of year	2015-12-31	$8,424
Liabilities. Value of operating payables at beginning of year	2015-12-31	$9,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$2,515,454
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$20,858,607
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$18,343,153
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$26,893
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$15,469,096
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$17,867,196
Income. Interest from US Government securities	2015-12-31	$150
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$118,963
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$80,298
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$80,298
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$197
Asset value of US Government securities at end of year	2015-12-31	$461,088
Asset value of US Government securities at beginning of year	2015-12-31	$345,028
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-957,907
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$4,750,000
Employer contributions (assets) at end of year	2015-12-31	$4,750,000
Employer contributions (assets) at beginning of year	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$1,658,701
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	No
Opinion of an independent qualified public accountant for this plan	2015-12-31	Unqualified
Accountancy firm name	2015-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2015-12-31	560747981
2014 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$9,350
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	$2,787,288
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,455,279
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,278,832
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$0
Value of total assets at end of year	2014-12-31	$18,352,503
Value of total assets at beginning of year	2014-12-31	$17,011,144
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$176,447
Total interest from all sources	2014-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$621,661
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2014-12-31	$621,661
Administrative expenses professional fees incurred	2014-12-31	$75,690
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$59,981
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$56,104
Administrative expenses (other) incurred	2014-12-31	$74,648
Liabilities. Value of operating payables at end of year	2014-12-31	$9,350
Liabilities. Value of operating payables at beginning of year	2014-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$1,332,009
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$18,343,153
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$17,011,144
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$26,109
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$17,867,196
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$16,740,085
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$80,298
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$27,695
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$27,695
Asset value of US Government securities at end of year	2014-12-31	$345,028
Asset value of US Government securities at beginning of year	2014-12-31	$187,260
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$2,165,627
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,278,832
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2014-12-31	560747981
2013 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$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	$-392,199
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$753,060
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$679,999
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$0
Value of total assets at end of year	2013-12-31	$17,011,144
Value of total assets at beginning of year	2013-12-31	$18,156,403
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$73,061
Total interest from all sources	2013-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$611,951
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2013-12-31	$611,951
Administrative expenses professional fees incurred	2013-12-31	$47,712
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$56,104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$51,563
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$-1,145,259
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$17,011,144
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$18,156,403
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$25,349
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$16,740,085
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$17,807,493
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$27,695
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$110,082
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$110,082
Asset value of US Government securities at end of year	2013-12-31	$187,260
Asset value of US Government securities at beginning of year	2013-12-31	$187,265
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$-1,004,150
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$679,999
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2013-12-31	560747981
2012 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$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	$0
Total income from all sources (including contributions)	2012-12-31	$1,503,844
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$688,191
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$616,130
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$0
Value of total assets at end of year	2012-12-31	$18,156,403
Value of total assets at beginning of year	2012-12-31	$17,340,750
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$72,061
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$676,206
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$676,206
Administrative expenses professional fees incurred	2012-12-31	$54,270
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2012-12-31	$51,563
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2012-12-31	$47,566
Administrative expenses (other) incurred	2012-12-31	$25
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$815,653
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$18,156,403
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$17,340,750
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Investment advisory and management fees	2012-12-31	$17,766
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$17,807,493
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$17,024,132
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$110,082
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$22,702
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$22,702
Asset value of US Government securities at end of year	2012-12-31	$187,265
Asset value of US Government securities at beginning of year	2012-12-31	$101,800
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$827,638
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Employer contributions (assets) at beginning of year	2012-12-31	$144,550
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$616,130
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2012-12-31	560747981
2011 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$10,000
Total income from all sources (including contributions)	2011-12-31	$732,172
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$660,171
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$605,214
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$144,550
Value of total assets at end of year	2011-12-31	$17,340,750
Value of total assets at beginning of year	2011-12-31	$17,278,748
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$54,957
Total interest from all sources	2011-12-31	$139
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$606,718
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$606,718
Administrative expenses professional fees incurred	2011-12-31	$45,932
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$47,566
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$44,488
Administrative expenses (other) incurred	2011-12-31	$25
Liabilities. Value of operating payables at end of year	2011-12-31	$0
Liabilities. Value of operating payables at beginning of year	2011-12-31	$10,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$72,001
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$17,340,750
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$17,268,748
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Investment advisory and management fees	2011-12-31	$9,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$17,024,132
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$17,086,673
Income. Interest from US Government securities	2011-12-31	$73
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$22,702
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$20,552
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$20,552
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$66
Asset value of US Government securities at end of year	2011-12-31	$101,800
Asset value of US Government securities at beginning of year	2011-12-31	$127,035
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-19,235
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$144,550
Employer contributions (assets) at end of year	2011-12-31	$144,550
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$605,214
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	DIXON HUGHES GOODMAN LLP
Accountancy firm EIN	2011-12-31	560747981
2010 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$10,000
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$10,000
Total income from all sources (including contributions)	2010-12-31	$1,288,695
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$582,852
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$506,764
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$17,278,748
Value of total assets at beginning of year	2010-12-31	$16,572,905
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$76,088
Total interest from all sources	2010-12-31	$1,187
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Administrative expenses professional fees incurred	2010-12-31	$76,063
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$44,488
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$39,171
Other income not declared elsewhere	2010-12-31	$18
Administrative expenses (other) incurred	2010-12-31	$25
Liabilities. Value of operating payables at end of year	2010-12-31	$10,000
Liabilities. Value of operating payables at beginning of year	2010-12-31	$10,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$705,843
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$17,268,748
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$16,562,905
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$17,086,673
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$16,149,208
Income. Interest from US Government securities	2010-12-31	$160
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$20,552
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$279,684
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$279,684
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$1,027
Asset value of US Government securities at end of year	2010-12-31	$127,035
Asset value of US Government securities at beginning of year	2010-12-31	$104,842
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,287,490
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$506,764
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2010-12-31	560747981
2009 : PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B.

2016: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PENSION PLAN FOR THE EMPLOYEES OF ASHEVILLE SAVINGS BANK, S.S.B. 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ASHEVILLE SAVINGS BANK, S.S.B.
Employer identification number (EIN):	560125550
NAIC Classification:	522120
NAIC Description:	Savings Institutions