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SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 401k Plan overview

Plan NameSOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST
Plan identification number 501

SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Dental

401k Sponsoring company profile

THE PEOPLES BANK has sponsored the creation of one or more 401k plans.

Company Name:THE PEOPLES BANK
Employer identification number (EIN):570305018
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
5012022-01-01
5012021-01-01
5012020-01-01
5012019-01-01
5012018-01-01
5012017-01-01
5012016-01-01
5012015-01-01
5012014-01-01
5012013-01-01MICHAEL W. ROBINSON2014-07-24
5012012-01-01MICHAEL W. ROBINSON2013-07-29
5012011-01-01MICHAEL W ROBINSON2012-07-11
5012009-01-01MICHAEL W ROBINSON

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-year2009-01-0171
Total number of active participants reported on line 7a of the Form 55002009-01-0163
Total of all active and inactive participants2009-01-0163
Total participants2009-01-0163

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$21,092
Total plan liabilities at beginning of year2010-12-31$35,440
Total income from all sources2010-12-31$488,351
Expenses. Total of all expenses incurred2010-12-31$443,669
Benefits paid (including direct rollovers)2010-12-31$395,755
Total plan assets at end of year2010-12-31$82,383
Total plan assets at beginning of year2010-12-31$52,049
Value of fidelity bond covering the plan2010-12-31$1,000,000
Other income received2010-12-31$1,110
Net income (gross income less expenses)2010-12-31$44,682
Net plan assets at end of year (total assets less liabilities)2010-12-31$61,291
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$16,609
Total contributions received or receivable from employer(s)2010-12-31$487,241
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$47,914

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

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05469906
Policy instance 1
Insurance contract or identification numberTS05469906
Number of Individuals Covered135
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $1,111
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $31,755
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,111
Additional information about fees paid to insurance brokerN/A
Insurance broker organization code?2
Insurance broker nameSC BANKERS EMPLOYEE BENEFIT TRUST
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-55075
Policy instance 2
Insurance contract or identification number03-55075
Number of Individuals Covered66
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

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