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SOUTH CAROLINA BANKERS INSURANCE TRUST 401k Plan overview

Plan NameSOUTH CAROLINA BANKERS INSURANCE TRUST
Plan identification number 501

SOUTH CAROLINA BANKERS INSURANCE TRUST Benefits

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

401k Sponsoring company profile

FDIC AS RECEIVER OF ALLENDALE COUNTY BANK has sponsored the creation of one or more 401k plans.

Company Name:FDIC AS RECEIVER OF ALLENDALE COUNTY BANK
Employer identification number (EIN):570161210
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012014-01-01FDIC AS RECEIVER BY DEBRA FOSTER FDIC AS RECEIVER BY DEBRA FOSTER2015-07-27
5012013-01-01FDIC AS RECEIVER BY DEBRA FOSTER FDIC AS RECEIVER BY DEBRA FOSTER2014-07-29
5012012-01-01JOHN HARTER JOHN HARTER2013-07-22
5012011-01-01JOHN HARTER JOHN HARTER2012-07-17
5012010-01-01JOHN HARTER JOHN HARTER2011-07-20
5012009-01-01JOHN HARTER JOHN HARTER2010-08-23

Financial Data on SOUTH CAROLINA BANKERS INSURANCE TRUST

Measure Date Value
2014 : SOUTH CAROLINA BANKERS INSURANCE TRUST 2014 401k financial data
Total plan liabilities at beginning of year2014-12-31$3,970
Total income from all sources2014-12-31$29,101
Expenses. Total of all expenses incurred2014-12-31$51,477
Benefits paid (including direct rollovers)2014-12-31$48,457
Total plan assets at beginning of year2014-12-31$26,346
Total contributions received or receivable from participants2014-12-31$2,910
Net income (gross income less expenses)2014-12-31$-22,376
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$22,376
Total contributions received or receivable from employer(s)2014-12-31$26,191
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$3,020
2013 : SOUTH CAROLINA BANKERS INSURANCE TRUST 2013 401k financial data
Total plan liabilities at end of year2013-12-31$3,970
Total plan liabilities at beginning of year2013-12-31$5,163
Total income from all sources2013-12-31$87,587
Expenses. Total of all expenses incurred2013-12-31$92,544
Benefits paid (including direct rollovers)2013-12-31$92,544
Total plan assets at end of year2013-12-31$26,346
Total plan assets at beginning of year2013-12-31$32,496
Total contributions received or receivable from participants2013-12-31$8,759
Net income (gross income less expenses)2013-12-31$-4,957
Net plan assets at end of year (total assets less liabilities)2013-12-31$22,376
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$27,333
Total contributions received or receivable from employer(s)2013-12-31$78,828
2012 : SOUTH CAROLINA BANKERS INSURANCE TRUST 2012 401k financial data
Total plan liabilities at end of year2012-12-31$5,163
Total plan liabilities at beginning of year2012-12-31$3,971
Total income from all sources2012-12-31$95,756
Expenses. Total of all expenses incurred2012-12-31$88,134
Benefits paid (including direct rollovers)2012-12-31$88,134
Total plan assets at end of year2012-12-31$32,496
Total plan assets at beginning of year2012-12-31$23,682
Total contributions received or receivable from participants2012-12-31$9,576
Net income (gross income less expenses)2012-12-31$7,622
Net plan assets at end of year (total assets less liabilities)2012-12-31$27,333
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$19,711
Total contributions received or receivable from employer(s)2012-12-31$86,180
2011 : SOUTH CAROLINA BANKERS INSURANCE TRUST 2011 401k financial data
Total plan liabilities at end of year2011-12-31$3,971
Total plan liabilities at beginning of year2011-12-31$4,154
Total income from all sources2011-12-31$103,763
Expenses. Total of all expenses incurred2011-12-31$96,125
Benefits paid (including direct rollovers)2011-12-31$96,125
Total plan assets at end of year2011-12-31$23,682
Total plan assets at beginning of year2011-12-31$16,227
Total contributions received or receivable from participants2011-12-31$10,376
Net income (gross income less expenses)2011-12-31$7,638
Net plan assets at end of year (total assets less liabilities)2011-12-31$19,711
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$12,073
Total contributions received or receivable from employer(s)2011-12-31$93,387
2010 : SOUTH CAROLINA BANKERS INSURANCE TRUST 2010 401k financial data
Total plan liabilities at end of year2010-12-31$4,154
Total plan liabilities at beginning of year2010-12-31$7,934
Total income from all sources2010-12-31$104,437
Expenses. Total of all expenses incurred2010-12-31$96,082
Benefits paid (including direct rollovers)2010-12-31$96,082
Total plan assets at end of year2010-12-31$16,227
Total plan assets at beginning of year2010-12-31$11,652
Total contributions received or receivable from participants2010-12-31$10,444
Net income (gross income less expenses)2010-12-31$8,355
Net plan assets at end of year (total assets less liabilities)2010-12-31$12,073
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,718
Total contributions received or receivable from employer(s)2010-12-31$93,993

Form 5500 Responses for SOUTH CAROLINA BANKERS INSURANCE TRUST

2014: SOUTH CAROLINA BANKERS INSURANCE TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01This submission is the final filingYes
2014-01-01Plan funding arrangement – General assets of the sponsorYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SOUTH CAROLINA BANKERS INSURANCE TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – General assets of the sponsorYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SOUTH CAROLINA BANKERS INSURANCE TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – General assets of the sponsorYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SOUTH CAROLINA BANKERS INSURANCE TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – General assets of the sponsorYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SOUTH CAROLINA BANKERS INSURANCE TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – General assets of the sponsorYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SOUTH CAROLINA BANKERS INSURANCE TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – General assets of the sponsorYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

RELIASTAR LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 67105 )
Policy contract number68181-4
Policy instance 2
DELTA DENTAL OF MISSOURI (National Association of Insurance Commissioners NAIC id number: 55697 )
Policy contract number61691000
Policy instance 3
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236
Policy instance 1
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236
Policy instance 1
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number348118-0005
Policy instance 2
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0005
Policy instance 3
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 4
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236
Policy instance 1
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 4
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0005
Policy instance 3
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number348118-0005
Policy instance 2
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0005
Policy instance 3
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number348118-0005
Policy instance 2
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236-83-9
Policy instance 1
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 4
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 4
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number348118-0005
Policy instance 2
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236-83-9
Policy instance 1
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0005
Policy instance 3

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