401k Plan data: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN plan

BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 401k Plan overview

Plan Name	BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN
Plan identification number	001

BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BLACK MOUNTAIN SAVINGS BANK, SSB has sponsored the creation of one or more 401k plans.

Company Name: BLACK MOUNTAIN SAVINGS BANK, SSB

Employer identification number (EIN): 560142695

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 M. WENDELL BEGLEY
001 2017-01-01 M. WENDELL BEGLEY
001 2016-01-01 M. WENDELL BEGLEY
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 JAMES JOYNER
001 2011-01-01 JAMES JOYNER
001 2010-01-01 JAMES JOYNER
001 2009-01-01 JAMES JOYNER

Plan Statistics for BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN

401k plan membership statisitcs for BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN

Measure Date Value
2022: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 6
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 6
Number of participants with account balances 2022-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 6
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 6
Number of participants with account balances 2021-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1
2020: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 6
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 6
Number of participants with account balances 2020-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 5
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 5
Number of participants with account balances 2019-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 5
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 5
Number of participants with account balances 2018-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 6
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 6
Number of participants with account balances 2017-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 6
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 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 6
Number of participants with account balances 2016-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 6
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 6
Number of participants with account balances 2015-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 5
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 5
Number of participants with account balances 2014-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 5
2013: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 5
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 1
Total of all active and inactive participants 2013-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 6
Number of participants with account balances 2013-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 5
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 6
Number of participants with account balances 2012-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 6
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 6
Number of participants with account balances 2011-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 6
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 6
Number of participants with account balances 2010-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 6
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 6
Number of participants with account balances 2009-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2022: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	6
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	6
Number of participants with account balances	2022-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	6
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	6
Number of participants with account balances	2021-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1
2020: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	6
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	6
Number of participants with account balances	2020-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	5
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	5
Number of participants with account balances	2019-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	5
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	5
Number of participants with account balances	2018-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	6
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	6
Number of participants with account balances	2017-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	6
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	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	6
Number of participants with account balances	2016-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	6
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	6
Number of participants with account balances	2015-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	5
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	5
Number of participants with account balances	2014-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	5
2013: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	5
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	1
Total of all active and inactive participants	2013-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	6
Number of participants with account balances	2013-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	5
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	6
Number of participants with account balances	2012-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	6
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	6
Number of participants with account balances	2011-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	6
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	6
Number of participants with account balances	2010-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	6
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	6
Number of participants with account balances	2009-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN

Measure	Date	Value
2022 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$4,534
Total plan liabilities at beginning of year	2022-12-31	$4,534
Total income from all sources	2022-12-31	$116,724
Expenses. Total of all expenses incurred	2022-12-31	$250,553
Benefits paid (including direct rollovers)	2022-12-31	$241,674
Total plan assets at end of year	2022-12-31	$2,040,409
Total plan assets at beginning of year	2022-12-31	$2,174,238
Value of fidelity bond covering the plan	2022-12-31	$2,000,000
Assets. Value of tangible personal property	2022-12-31	$6,600
Total contributions received or receivable from participants	2022-12-31	$23,786
Expenses. Other expenses not covered elsewhere	2022-12-31	$8,428
Other income received	2022-12-31	$44,267
Net income (gross income less expenses)	2022-12-31	$-133,829
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,035,875
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$2,169,704
Assets. Value of participant loans	2022-12-31	$28,934
Assets. Value of real-estate (other than employer real property)	2022-12-31	$588,308
Total contributions received or receivable from employer(s)	2022-12-31	$48,671
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$451
2021 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$4,534
Total plan liabilities at beginning of year	2021-12-31	$4,534
Total income from all sources	2021-12-31	$118,734
Expenses. Total of all expenses incurred	2021-12-31	$76,678
Benefits paid (including direct rollovers)	2021-12-31	$65,818
Total plan assets at end of year	2021-12-31	$2,174,238
Total plan assets at beginning of year	2021-12-31	$2,132,182
Value of fidelity bond covering the plan	2021-12-31	$2,000,000
Assets. Value of tangible personal property	2021-12-31	$6,600
Total contributions received or receivable from participants	2021-12-31	$23,019
Expenses. Other expenses not covered elsewhere	2021-12-31	$10,354
Other income received	2021-12-31	$48,583
Net income (gross income less expenses)	2021-12-31	$42,056
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$2,169,704
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,127,648
Assets. Value of participant loans	2021-12-31	$41,413
Assets. Value of real-estate (other than employer real property)	2021-12-31	$485,300
Total contributions received or receivable from employer(s)	2021-12-31	$47,132
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$506
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$4,534
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$280,225
Expenses. Total of all expenses incurred	2020-12-31	$36,944
Total plan assets at end of year	2020-12-31	$2,132,182
Total plan assets at beginning of year	2020-12-31	$1,884,367
Value of fidelity bond covering the plan	2020-12-31	$2,000,000
Assets. Value of tangible personal property	2020-12-31	$6,600
Total contributions received or receivable from participants	2020-12-31	$23,276
Expenses. Other expenses not covered elsewhere	2020-12-31	$36,461
Other income received	2020-12-31	$209,860
Net income (gross income less expenses)	2020-12-31	$243,281
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,127,648
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,884,367
Assets. Value of participant loans	2020-12-31	$53,923
Assets. Value of real-estate (other than employer real property)	2020-12-31	$602,300
Total contributions received or receivable from employer(s)	2020-12-31	$47,089
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$483
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$-483,732
Expenses. Total of all expenses incurred	2019-12-31	$17,188
Total plan assets at end of year	2019-12-31	$1,884,367
Total plan assets at beginning of year	2019-12-31	$2,385,287
Value of fidelity bond covering the plan	2019-12-31	$2,000,000
Assets. Value of tangible personal property	2019-12-31	$6,600
Total contributions received or receivable from participants	2019-12-31	$22,334
Other income received	2019-12-31	$-550,734
Net income (gross income less expenses)	2019-12-31	$-500,920
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$1,884,367
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,385,287
Assets. Value of participant loans	2019-12-31	$15,201
Assets. Value of real-estate (other than employer real property)	2019-12-31	$1,392,000
Total contributions received or receivable from employer(s)	2019-12-31	$44,668
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$17,188
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$190
Total income from all sources	2018-12-31	$68,076
Expenses. Total of all expenses incurred	2018-12-31	$99,476
Benefits paid (including direct rollovers)	2018-12-31	$89,581
Total plan assets at end of year	2018-12-31	$2,385,287
Total plan assets at beginning of year	2018-12-31	$2,416,877
Value of fidelity bond covering the plan	2018-12-31	$3,000,000
Assets. Value of tangible personal property	2018-12-31	$4,280
Total contributions received or receivable from participants	2018-12-31	$23,449
Expenses. Other expenses not covered elsewhere	2018-12-31	$256
Other income received	2018-12-31	$-2,271
Net income (gross income less expenses)	2018-12-31	$-31,400
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,385,287
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,416,687
Assets. Value of participant loans	2018-12-31	$23,308
Assets. Value of real-estate (other than employer real property)	2018-12-31	$1,919,000
Total contributions received or receivable from employer(s)	2018-12-31	$46,898
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$9,639
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2017 401k financial data
Total plan liabilities at end of year	2017-12-31	$190
Total plan liabilities at beginning of year	2017-12-31	$27
Total income from all sources	2017-12-31	$82,898
Expenses. Total of all expenses incurred	2017-12-31	$11,077
Total plan assets at end of year	2017-12-31	$2,416,877
Total plan assets at beginning of year	2017-12-31	$2,344,893
Value of fidelity bond covering the plan	2017-12-31	$3,000,000
Assets. Value of tangible personal property	2017-12-31	$4,280
Total contributions received or receivable from participants	2017-12-31	$22,857
Other income received	2017-12-31	$14,327
Net income (gross income less expenses)	2017-12-31	$71,821
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,416,687
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,344,866
Assets. Value of participant loans	2017-12-31	$33,739
Assets. Value of real-estate (other than employer real property)	2017-12-31	$1,919,000
Total contributions received or receivable from employer(s)	2017-12-31	$45,714
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$11,077
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$27
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$69,938
Expenses. Total of all expenses incurred	2016-12-31	$11,506
Total plan assets at end of year	2016-12-31	$2,344,893
Total plan assets at beginning of year	2016-12-31	$2,286,434
Value of fidelity bond covering the plan	2016-12-31	$3,000,000
Assets. Value of tangible personal property	2016-12-31	$4,280
Total contributions received or receivable from participants	2016-12-31	$21,656
Expenses. Other expenses not covered elsewhere	2016-12-31	$1,830
Other income received	2016-12-31	$4,971
Net income (gross income less expenses)	2016-12-31	$58,432
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,344,866
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,286,434
Assets. Value of participant loans	2016-12-31	$28,463
Assets. Value of real-estate (other than employer real property)	2016-12-31	$1,919,000
Total contributions received or receivable from employer(s)	2016-12-31	$43,311
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$9,676
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$63,368
Expenses. Total of all expenses incurred	2015-12-31	$6,928
Total plan assets at end of year	2015-12-31	$2,286,434
Total plan assets at beginning of year	2015-12-31	$2,229,994
Value of fidelity bond covering the plan	2015-12-31	$3,000,000
Assets. Value of tangible personal property	2015-12-31	$4,280
Total contributions received or receivable from participants	2015-12-31	$19,983
Expenses. Other expenses not covered elsewhere	2015-12-31	$6,474
Other income received	2015-12-31	$3,419
Net income (gross income less expenses)	2015-12-31	$56,440
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,286,434
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,229,994
Assets. Value of participant loans	2015-12-31	$9,706
Assets. Value of real-estate (other than employer real property)	2015-12-31	$1,919,000
Total contributions received or receivable from employer(s)	2015-12-31	$39,966
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$454
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$57,951
Expenses. Total of all expenses incurred	2014-12-31	$253,555
Benefits paid (including direct rollovers)	2014-12-31	$243,260
Total plan assets at end of year	2014-12-31	$2,229,994
Total plan assets at beginning of year	2014-12-31	$2,425,598
Value of fidelity bond covering the plan	2014-12-31	$3,000,000
Assets. Value of tangible personal property	2014-12-31	$4,280
Total contributions received or receivable from participants	2014-12-31	$18,408
Expenses. Other expenses not covered elsewhere	2014-12-31	$9,945
Other income received	2014-12-31	$2,727
Net income (gross income less expenses)	2014-12-31	$-195,604
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,229,994
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,425,598
Assets. Value of participant loans	2014-12-31	$320
Assets. Value of assets in partnership/joint-venture interests	2014-12-31	$0
Assets. Value of real-estate (other than employer real property)	2014-12-31	$1,919,000
Total contributions received or receivable from employer(s)	2014-12-31	$36,816
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$350
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$5,190
2013 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2013 401k financial data
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$1,566,189
Expenses. Total of all expenses incurred	2013-12-31	$78,084
Benefits paid (including direct rollovers)	2013-12-31	$60,000
Total plan assets at end of year	2013-12-31	$2,425,598
Total plan assets at beginning of year	2013-12-31	$937,493
Value of fidelity bond covering the plan	2013-12-31	$2,000,000
Assets. Value of tangible personal property	2013-12-31	$8,560
Total contributions received or receivable from participants	2013-12-31	$18,509
Other income received	2013-12-31	$1,510,661
Net income (gross income less expenses)	2013-12-31	$1,488,105
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,425,598
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$937,493
Assets. Value of participant loans	2013-12-31	$4,320
Assets. Value of assets in partnership/joint-venture interests	2013-12-31	$750
Assets. Value of real-estate (other than employer real property)	2013-12-31	$2,145,500
Total contributions received or receivable from employer(s)	2013-12-31	$37,019
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$18,084
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$41,500
Total income from all sources	2012-12-31	$43,507
Expenses. Total of all expenses incurred	2012-12-31	$10,256
Total plan assets at end of year	2012-12-31	$937,493
Total plan assets at beginning of year	2012-12-31	$945,742
Value of fidelity bond covering the plan	2012-12-31	$2,000,000
Assets. Value of tangible personal property	2012-12-31	$8,560
Total contributions received or receivable from participants	2012-12-31	$18,023
Other income received	2012-12-31	$-10,560
Net income (gross income less expenses)	2012-12-31	$33,251
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$937,493
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$904,242
Assets. Value of participant loans	2012-12-31	$6,740
Assets. Value of assets in partnership/joint-venture interests	2012-12-31	$750
Assets. Value of real-estate (other than employer real property)	2012-12-31	$637,750
Total contributions received or receivable from employer(s)	2012-12-31	$36,044
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$10,256
2011 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$41,500
Total plan liabilities at beginning of year	2011-12-31	$41,500
Total income from all sources	2011-12-31	$-89,252
Expenses. Total of all expenses incurred	2011-12-31	$11,402
Total plan assets at end of year	2011-12-31	$945,742
Total plan assets at beginning of year	2011-12-31	$1,046,396
Value of fidelity bond covering the plan	2011-12-31	$1,000,000
Assets. Value of tangible personal property	2011-12-31	$8,560
Total contributions received or receivable from participants	2011-12-31	$21,988
Other income received	2011-12-31	$-155,216
Net income (gross income less expenses)	2011-12-31	$-100,654
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$904,242
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,004,896
Assets. Value of participant loans	2011-12-31	$9,293
Assets. Value of assets in partnership/joint-venture interests	2011-12-31	$13,838
Assets. Value of real-estate (other than employer real property)	2011-12-31	$637,750
Total contributions received or receivable from employer(s)	2011-12-31	$43,976
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$11,402
2010 : BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$41,500
Total plan liabilities at beginning of year	2010-12-31	$41,500
Total income from all sources	2010-12-31	$128,535
Expenses. Total of all expenses incurred	2010-12-31	$24,462
Total plan assets at end of year	2010-12-31	$1,046,396
Total plan assets at beginning of year	2010-12-31	$942,323
Value of fidelity bond covering the plan	2010-12-31	$1,000,000
Assets. Value of tangible personal property	2010-12-31	$8,560
Total contributions received or receivable from participants	2010-12-31	$21,687
Other income received	2010-12-31	$63,552
Net income (gross income less expenses)	2010-12-31	$104,073
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,004,896
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$900,823
Assets. Value of participant loans	2010-12-31	$12,782
Assets. Value of assets in partnership/joint-venture interests	2010-12-31	$54,000
Assets. Value of real-estate (other than employer real property)	2010-12-31	$755,070
Total contributions received or receivable from employer(s)	2010-12-31	$43,296
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$24,462

Form 5500 Responses for BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN

2022: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	Yes
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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
2010: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: BLACK MOUNTAIN SAVINGS BANK, SSB 401(K) PLAN 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:	BLACK MOUNTAIN SAVINGS BANK, SSB
Employer identification number (EIN):	560142695
NAIC Classification:	522120
NAIC Description:	Savings Institutions