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SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 401k Plan overview

Plan NameSOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST
Plan identification number 502

SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover

401k Sponsoring company profile

ABBEVILLE SAVINGS AND LOAN SSB has sponsored the creation of one or more 401k plans.

Company Name:ABBEVILLE SAVINGS AND LOAN SSB
Employer identification number (EIN):570130830
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01
5022021-01-01
5022020-01-01
5022019-01-01
5022018-01-01
5022017-01-01
5022016-01-01
5022015-01-01
5022014-01-01
5022013-01-01PATRICIA R DUNCAN2014-07-22 ANDY TIMMERMAN2014-07-22
5022012-01-01PATTI DUNCAN2013-07-26 ANDY TIMMERMAN2013-07-26
5022011-01-01PATTI DUNCAN2012-07-16 WILLIAM J COOK2012-07-17
5022009-01-01PATTI DUNCAN WILLIAM J COOK2010-09-15

Plan Statistics for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

401k plan membership statisitcs for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Measure Date Value
2009: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0115
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Total of all active and inactive participants2009-01-0114
Total participants2009-01-0114

Financial Data on SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Measure Date Value
2010 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2010 401k financial data
Total plan liabilities at end of year2010-12-31$4,794
Total plan liabilities at beginning of year2010-12-31$7,405
Total income from all sources2010-12-31$110,988
Expenses. Total of all expenses incurred2010-12-31$100,528
Benefits paid (including direct rollovers)2010-12-31$89,943
Total plan assets at end of year2010-12-31$18,724
Total plan assets at beginning of year2010-12-31$10,875
Value of fidelity bond covering the plan2010-12-31$1,000,000
Other income received2010-12-31$252
Net income (gross income less expenses)2010-12-31$10,460
Net plan assets at end of year (total assets less liabilities)2010-12-31$13,930
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,470
Total contributions received or receivable from employer(s)2010-12-31$110,736
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$10,585

Form 5500 Responses for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

2009: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236-95
Policy instance 1
Insurance contract or identification number03-51236-95
Number of Individuals Covered15
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 2
Insurance contract or identification numberTS05469906
Number of Individuals Covered17
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $125
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $3,581
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $125
Insurance broker organization code?2
Insurance broker nameSC BANKERS EMPLOYEE BENEFIT TRUST
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0060
Policy instance 3
Insurance contract or identification number105531-0060
Number of Individuals Covered15
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $394
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $5,152
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $394
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?3
Insurance broker nameTHE THORPE CORPORATION

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