FOUR OAKS BANK AND TRUST COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN
401k plan membership statisitcs for FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN
Measure | Date | Value |
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2018 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $6,375 |
Total income from all sources (including contributions) | 2018-12-31 | $5,703 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $10,976,169 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $10,942,640 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $0 |
Value of total assets at beginning of year | 2018-12-31 | $10,976,841 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $33,529 |
Total interest from all sources | 2018-12-31 | $2,945 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $178,828 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2018-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $178,828 |
Administrative expenses professional fees incurred | 2018-12-31 | $33,529 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $3,217 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $6,375 |
Other income not declared elsewhere | 2018-12-31 | $25,061 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $11,570 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-10,970,466 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,970,466 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $10,962,054 |
Interest on participant loans | 2018-12-31 | $34 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $2,911 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-201,131 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $10,942,640 |
Did the plan have assets held for investment | 2018-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2018-12-31 | 560817345 |
2017 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $6,375 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $10,872 |
Total income from all sources (including contributions) | 2017-12-31 | $2,865,059 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $2,496,602 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $2,471,091 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $946,261 |
Value of total assets at end of year | 2017-12-31 | $10,976,841 |
Value of total assets at beginning of year | 2017-12-31 | $10,612,881 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $25,511 |
Total interest from all sources | 2017-12-31 | $10,158 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $147,671 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $147,671 |
Administrative expenses professional fees incurred | 2017-12-31 | $25,511 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $602,240 |
Participant contributions at end of year | 2017-12-31 | $3,217 |
Participant contributions at beginning of year | 2017-12-31 | $291,530 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $26,765 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $6,375 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $10,872 |
Total non interest bearing cash at end of year | 2017-12-31 | $11,570 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $36,972 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $368,457 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $10,970,466 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $10,602,009 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $10,962,054 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $10,284,379 |
Interest on participant loans | 2017-12-31 | $10,158 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,760,969 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $317,256 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $2,471,091 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2017-12-31 | 560817345 |
2016 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $10,872 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $9,877 |
Total income from all sources (including contributions) | 2016-12-31 | $1,846,872 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $749,868 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $721,787 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,109,905 |
Value of total assets at end of year | 2016-12-31 | $10,612,881 |
Value of total assets at beginning of year | 2016-12-31 | $9,514,882 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $28,081 |
Total interest from all sources | 2016-12-31 | $15,931 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $126,149 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $126,149 |
Administrative expenses professional fees incurred | 2016-12-31 | $28,081 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $708,541 |
Participant contributions at end of year | 2016-12-31 | $291,530 |
Participant contributions at beginning of year | 2016-12-31 | $501,191 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $65,516 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $10,872 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $9,877 |
Total non interest bearing cash at end of year | 2016-12-31 | $36,972 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $57,798 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $1,097,004 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $10,602,009 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $9,505,005 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $10,284,379 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $8,955,893 |
Interest on participant loans | 2016-12-31 | $15,931 |
Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $594,887 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $335,848 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $721,787 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2016-12-31 | 560817345 |
2015 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2015 401k financial data |
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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 | $9,877 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $15,273 |
Total income from all sources (including contributions) | 2015-12-31 | $879,876 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $640,306 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $623,608 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $757,508 |
Value of total assets at end of year | 2015-12-31 | $9,514,882 |
Value of total assets at beginning of year | 2015-12-31 | $9,280,708 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $16,698 |
Total interest from all sources | 2015-12-31 | $22,895 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $118,807 |
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 | $118,807 |
Administrative expenses professional fees incurred | 2015-12-31 | $16,698 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
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 |
Contributions received from participants | 2015-12-31 | $555,548 |
Participant contributions at end of year | 2015-12-31 | $501,191 |
Participant contributions at beginning of year | 2015-12-31 | $534,137 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $23,114 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $9,877 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $15,273 |
Total non interest bearing cash at end of year | 2015-12-31 | $57,798 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $429 |
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 | $239,570 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $9,505,005 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $9,265,435 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $8,955,893 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $0 |
Interest on participant loans | 2015-12-31 | $22,895 |
Value of interest in master investment trust accounts at end of year | 2015-12-31 | $0 |
Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $8,746,142 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-19,334 |
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 | $178,846 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $623,608 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2015-12-31 | 560817345 |
2014 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2014 401k financial data |
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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 | $15,273 |
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 | $1,232,235 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $1,478,158 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,455,182 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $629,367 |
Value of total assets at end of year | 2014-12-31 | $9,280,708 |
Value of total assets at beginning of year | 2014-12-31 | $9,511,358 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $22,976 |
Total interest from all sources | 2014-12-31 | $13,080 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $22,976 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
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 |
Contributions received from participants | 2014-12-31 | $438,538 |
Participant contributions at end of year | 2014-12-31 | $534,137 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $37,441 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $115,064 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $15,273 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
Total non interest bearing cash at end of year | 2014-12-31 | $429 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $2,029 |
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 | $-245,923 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $9,265,435 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $9,511,358 |
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 |
Interest on participant loans | 2014-12-31 | $13,080 |
Value of interest in master investment trust accounts at end of year | 2014-12-31 | $8,746,142 |
Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $9,471,888 |
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 |
Contributions received in cash from employer | 2014-12-31 | $75,765 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,455,182 |
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 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2014-12-31 | 560817345 |
2013 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 2013 401k financial data |
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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 | $9,651 |
Total income from all sources (including contributions) | 2013-12-31 | $2,258,447 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $561,148 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $539,454 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $649,419 |
Value of total assets at end of year | 2013-12-31 | $9,511,358 |
Value of total assets at beginning of year | 2013-12-31 | $7,823,710 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $21,694 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $21,694 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
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 |
Contributions received from participants | 2013-12-31 | $449,450 |
Participant contributions at end of year | 2013-12-31 | $37,441 |
Participant contributions at beginning of year | 2013-12-31 | $36,451 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $122,890 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $9,651 |
Total non interest bearing cash at end of year | 2013-12-31 | $2,029 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $472 |
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 | $1,697,299 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,511,358 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,814,059 |
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 |
Value of interest in master investment trust accounts at end of year | 2013-12-31 | $9,471,888 |
Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $7,779,586 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
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 |
Contributions received in cash from employer | 2013-12-31 | $77,079 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $7,201 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $539,454 |
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 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2013-12-31 | 560817345 |
2012 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 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 | $9,651 |
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 | $1,360,730 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $324,232 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $302,897 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $564,167 |
Value of total assets at end of year | 2012-12-31 | $7,823,710 |
Value of total assets at beginning of year | 2012-12-31 | $6,777,561 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $21,335 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $21,335 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $8,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
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 |
Contributions received from participants | 2012-12-31 | $435,815 |
Participant contributions at end of year | 2012-12-31 | $36,451 |
Participant contributions at beginning of year | 2012-12-31 | $35,375 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $37,870 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $9,651 |
Total non interest bearing cash at end of year | 2012-12-31 | $472 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $3,314 |
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 | $1,036,498 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,814,059 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,777,561 |
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 |
Value of interest in master investment trust accounts at end of year | 2012-12-31 | $7,779,586 |
Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $6,731,947 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
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 |
Contributions received in cash from employer | 2012-12-31 | $90,482 |
Employer contributions (assets) at end of year | 2012-12-31 | $7,201 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $6,925 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $302,897 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2012-12-31 | 560817345 |
2011 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 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 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $561,249 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $252,030 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $215,263 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $550,719 |
Value of total assets at end of year | 2011-12-31 | $6,777,561 |
Value of total assets at beginning of year | 2011-12-31 | $6,468,342 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $36,767 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $36,767 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
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 |
Contributions received from participants | 2011-12-31 | $456,297 |
Participant contributions at end of year | 2011-12-31 | $35,375 |
Participant contributions at beginning of year | 2011-12-31 | $0 |
Total non interest bearing cash at end of year | 2011-12-31 | $3,314 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $5,279 |
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 | $309,219 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,777,561 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,468,342 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in master investment trust accounts at end of year | 2011-12-31 | $6,731,947 |
Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $6,463,063 |
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 | $94,422 |
Employer contributions (assets) at end of year | 2011-12-31 | $6,925 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $215,263 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2011-12-31 | 560817345 |
2010 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 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 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $1,179,359 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $243,767 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $213,112 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $561,284 |
Value of total assets at end of year | 2010-12-31 | $6,468,342 |
Value of total assets at beginning of year | 2010-12-31 | $5,532,750 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $30,655 |
Total interest from all sources | 2010-12-31 | $0 |
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 | $30,655 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $461,437 |
Participant contributions at beginning of year | 2010-12-31 | $36,240 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $2,650 |
Total non interest bearing cash at end of year | 2010-12-31 | $5,279 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $12,227 |
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 | $935,592 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,468,342 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,532,750 |
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 master investment trust accounts at end of year | 2010-12-31 | $6,463,063 |
Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $5,476,505 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $97,197 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $7,778 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $213,112 |
Did the plan have assets held for investment | 2010-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | TURLINGTON & COMPANY, LLP |
Accountancy firm EIN | 2010-12-31 | 560817345 |
2009 : FOUR OAKS BANK & TRUST COMPANY RETIREMENT PLAN 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 |