HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN 401k Plan overview

HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN Benefits

401k Sponsoring company profile

Company Name:	BEVERLY BANK & TRUST COMPANY, NA
Employer identification number (EIN):	562417163
NAIC Classification:	551111
NAIC Description:	Offices of Bank Holding Companies

Form 5500 Filing Information

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2018-01-01	TANJA SIMONO	2019-10-15
001	2017-01-01	TANJA SIMONO	2018-10-10
001	2016-01-01	MICHAEL M MCGARRY	2017-10-10
001	2015-01-01	MICHAEL M MCGARRY	2016-10-13
001	2014-01-01	MICHAEL M MCGARRY	2015-10-14
001	2013-01-01	MICHAEL M MCGARRY	2014-10-15
001	2012-01-01	ANTHONY SERRATORE	2013-10-15

Plan Statistics for HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN

Measure	Date	Value
2018: HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	5,088,599
Acturial value of plan assets	2018-12-31	5,088,599
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	3,509,241
Number of terminated vested participants	2018-12-31	21
Fundng target for terminated vested participants	2018-12-31	863,767
Active participant vested funding target	2018-12-31	177,735
Number of active participants	2018-12-31	10
Total funding liabilities for active participants	2018-12-31	177,735
Total participant count	2018-12-31	42
Total funding target for all participants	2018-12-31	4,550,743
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	73,349
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	73,349
Present value of excess contributions	2018-12-31	1,273,530
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	1,346,885
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	73,437
Total employer contributions	2018-12-31	139,996
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	135,149
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	135,149
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	3,925,479
Acturial value of plan assets	2017-12-31	3,949,245
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	3,545,662
Number of terminated vested participants	2017-12-31	20
Fundng target for terminated vested participants	2017-12-31	690,042
Active participant vested funding target	2017-12-31	253,874
Number of active participants	2017-12-31	12
Total funding liabilities for active participants	2017-12-31	253,874
Total participant count	2017-12-31	42
Total funding target for all participants	2017-12-31	4,489,578
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	74,052
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	74,052
Present value of excess contributions	2017-12-31	381,725
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	404,667
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	73,349
Total employer contributions	2017-12-31	1,544,314
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	1,413,524
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	613,682
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	139,994
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	139,994
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	1,413,524
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: HYDE PARK BANK & TRUST COMPANY RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	4,320,152
Acturial value of plan assets	2016-12-31	4,422,365
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	3,577,005
Number of terminated vested participants	2016-12-31	44
Fundng target for terminated vested participants	2016-12-31	986,649
Active participant vested funding target	2016-12-31	373,544
Number of active participants	2016-12-31	15
Total funding liabilities for active participants	2016-12-31	373,544
Total participant count	2016-12-31	69
Total funding target for all participants	2016-12-31	4,937,198
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	74,045
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	74,045
Present value of excess contributions	2016-12-31	2,085
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	2,214
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	74,052
Total employer contributions	2016-12-31	615,554
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	572,046
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	588,885
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	190,321
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	190,321
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	572,046
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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