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BLUE RIDGE BANK DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameBLUE RIDGE BANK DEFINED BENEFIT PENSION PLAN
Plan identification number 001

BLUE RIDGE BANK DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BLUE RIDGE BANK has sponsored the creation of one or more 401k plans.

Company Name:BLUE RIDGE BANK
Employer identification number (EIN):570371216
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BLUE RIDGE BANK

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1994-03-25
Company Identification Number: 0425051
Legal Registered Office Address: 17 W MAIN ST
PO BOX 467
LURAY
United States of America (USA)
22835

More information about BLUE RIDGE BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE RIDGE BANK DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DANIELLE LEEPER2023-02-10 DANIELLE LEEPER2023-02-10
0012021-01-01DANIELLE LEEPER2022-02-11 DANIELLE LEEPER2022-02-11
0012020-01-01DANIELLE LEEPER2021-01-28 DANIELLE LEEPER2021-01-28
0012019-01-01DANIELLE LEEPER2020-01-24 DANIELLE LEEPER2020-01-24
0012018-01-01CARRIE BUDDIN2019-01-25 CARRIE BUDDIN2019-01-25
0012017-01-01CARRIE FINLEY2018-01-26 CARRIE FINLEY2018-01-26
0012016-01-01CARRIE FINLEY2017-03-15 CARRIE FINLEY2017-03-15
0012015-01-01CARRIE CASALI2016-05-18 CARRIE CASALI2016-05-18
0012014-01-01CARRIE R CASALI2015-03-16 CARRIE R CASALI2015-03-16
0012013-01-01CARRIE CASALI2014-03-28 CARRIE CASALI2014-03-28
0012012-01-01EVA MCGOWAN2013-01-24 EVA MCGOWAN2013-01-24
0012011-12-01EVA MCGOWAN2012-01-26
0012011-01-01EVA MCGOWAN2012-02-10 EVA MCGOWAN2012-02-10
0012010-12-01EVA MCGOWAN2011-12-21
0012010-01-01EVA MCGOWAN2011-02-03 EVA MCGOWAN2011-02-03

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