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MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 401k Plan overview

Plan NameMOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS
Plan identification number 001

MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • The employer maintaining this ESOP is an S Corporation
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

MOUNT VERNON BANK has sponsored the creation of one or more 401k plans.

Company Name:MOUNT VERNON BANK
Employer identification number (EIN):580361070
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about MOUNT VERNON BANK

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date: 1900-12-21
Company Identification Number: 731848
Legal Registered Office Address: 2109 East First St

Vidalia
United States of America (USA)
30474

More information about MOUNT VERNON BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MS. ANNE REAVES
0012016-01-01MS. ANNE REAVES
0012015-01-01MS. ANNE REAVES
0012014-01-01GINA DAVIS DONALD M. THIGPEN2015-09-02
0012013-01-01GINA DAVIS DONALD M. THIGPEN2014-09-16
0012012-01-01GINA DAVIS DONALD M. THIGPEN2013-10-09
0012011-01-01GINA DAVIS DONALD M. THIGPEN2012-10-09
0012010-01-01GINA DAVIS DON M THIGPEN2011-08-23
0012009-01-01GINA DAVIS DON M THIGPEN2010-08-30

Plan Statistics for MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

401k plan membership statisitcs for MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Measure Date Value
2022: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 401k membership
Total participants, beginning-of-year2022-01-0149
Total number of active participants reported on line 7a of the Form 55002022-01-0126
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0123
Total of all active and inactive participants2022-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-0151
Number of participants with account balances2022-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 401k membership
Total participants, beginning-of-year2021-01-0148
Total number of active participants reported on line 7a of the Form 55002021-01-0128
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0120
Total of all active and inactive participants2021-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0149
Number of participants with account balances2021-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 401k membership
Total participants, beginning-of-year2020-01-0150
Total number of active participants reported on line 7a of the Form 55002020-01-0129
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0119
Total of all active and inactive participants2020-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0148
Number of participants with account balances2020-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 401k membership
Total participants, beginning-of-year2019-01-0146
Total number of active participants reported on line 7a of the Form 55002019-01-0130
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0118
Total of all active and inactive participants2019-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-0150
Number of participants with account balances2019-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 401k membership
Total participants, beginning-of-year2018-01-0143
Total number of active participants reported on line 7a of the Form 55002018-01-0128
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0117
Total of all active and inactive participants2018-01-0146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0146
Number of participants with account balances2018-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 401k membership
Total participants, beginning-of-year2017-01-0146
Total number of active participants reported on line 7a of the Form 55002017-01-0126
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0117
Total of all active and inactive participants2017-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0143
Number of participants with account balances2017-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 401k membership
Total participants, beginning-of-year2016-01-0147
Total number of active participants reported on line 7a of the Form 55002016-01-0131
Number of retired or separated participants receiving benefits2016-01-0115
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0146
Number of participants with account balances2016-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0112
2015: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 401k membership
Total participants, beginning-of-year2015-01-0142
Total number of active participants reported on line 7a of the Form 55002015-01-0130
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0117
Total of all active and inactive participants2015-01-0147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0147
Number of participants with account balances2015-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 401k membership
Total participants, beginning-of-year2014-01-0139
Total number of active participants reported on line 7a of the Form 55002014-01-0126
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0116
Total of all active and inactive participants2014-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0142
Number of participants with account balances2014-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 401k membership
Total participants, beginning-of-year2013-01-0145
Total number of active participants reported on line 7a of the Form 55002013-01-0126
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0113
Total of all active and inactive participants2013-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0139
Number of participants with account balances2013-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 401k membership
Total participants, beginning-of-year2012-01-0136
Total number of active participants reported on line 7a of the Form 55002012-01-0129
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0116
Total of all active and inactive participants2012-01-0145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0145
Number of participants with account balances2012-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 401k membership
Total participants, beginning-of-year2011-01-0137
Total number of active participants reported on line 7a of the Form 55002011-01-0131
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0136
Number of participants with account balances2011-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 401k membership
Total participants, beginning-of-year2010-01-0138
Total number of active participants reported on line 7a of the Form 55002010-01-0131
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-016
Total of all active and inactive participants2010-01-0137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0137
Number of participants with account balances2010-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 401k membership
Total participants, beginning-of-year2009-01-0137
Total number of active participants reported on line 7a of the Form 55002009-01-0132
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0138
Number of participants with account balances2009-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

Measure Date Value
2022 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 401k financial data
Total income from all sources2022-12-31$34,510
Expenses. Total of all expenses incurred2022-12-31$580,444
Benefits paid (including direct rollovers)2022-12-31$570,537
Total plan assets at end of year2022-12-31$3,754,644
Total plan assets at beginning of year2022-12-31$4,300,578
Value of fidelity bond covering the plan2022-12-31$5,000,000
Total contributions received or receivable from participants2022-12-31$86,853
Other income received2022-12-31$-84,623
Net income (gross income less expenses)2022-12-31$-545,934
Net plan assets at end of year (total assets less liabilities)2022-12-31$3,754,644
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$4,300,578
Assets. Value of employer securities2022-12-31$2,537,188
Total contributions received or receivable from employer(s)2022-12-31$32,280
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$9,907
2021 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 401k financial data
Total income from all sources2021-12-31$537,264
Expenses. Total of all expenses incurred2021-12-31$209,376
Benefits paid (including direct rollovers)2021-12-31$198,149
Total plan assets at end of year2021-12-31$4,300,578
Total plan assets at beginning of year2021-12-31$3,972,690
Value of fidelity bond covering the plan2021-12-31$5,000,000
Total contributions received or receivable from participants2021-12-31$105,483
Contributions received from other sources (not participants or employers)2021-12-31$9,064
Other income received2021-12-31$378,441
Net income (gross income less expenses)2021-12-31$327,888
Net plan assets at end of year (total assets less liabilities)2021-12-31$4,300,578
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$3,972,690
Assets. Value of employer securities2021-12-31$2,617,862
Total contributions received or receivable from employer(s)2021-12-31$44,276
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$11,227
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 401k financial data
Total income from all sources2020-12-31$629,076
Expenses. Total of all expenses incurred2020-12-31$215,278
Benefits paid (including direct rollovers)2020-12-31$205,091
Total plan assets at end of year2020-12-31$3,972,690
Total plan assets at beginning of year2020-12-31$3,558,892
Value of fidelity bond covering the plan2020-12-31$5,000,000
Total contributions received or receivable from participants2020-12-31$84,813
Other income received2020-12-31$500,858
Net income (gross income less expenses)2020-12-31$413,798
Net plan assets at end of year (total assets less liabilities)2020-12-31$3,972,690
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$3,558,892
Assets. Value of employer securities2020-12-31$2,449,162
Total contributions received or receivable from employer(s)2020-12-31$43,405
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$10,187
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 401k financial data
Total income from all sources2019-12-31$631,970
Expenses. Total of all expenses incurred2019-12-31$223,668
Benefits paid (including direct rollovers)2019-12-31$214,171
Total plan assets at end of year2019-12-31$3,558,892
Total plan assets at beginning of year2019-12-31$3,150,590
Value of fidelity bond covering the plan2019-12-31$3,000,000
Total contributions received or receivable from participants2019-12-31$68,676
Contributions received from other sources (not participants or employers)2019-12-31$17,103
Other income received2019-12-31$507,586
Net income (gross income less expenses)2019-12-31$408,302
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,558,892
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,150,590
Assets. Value of employer securities2019-12-31$2,128,705
Total contributions received or receivable from employer(s)2019-12-31$38,605
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$9,497
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 401k financial data
Total income from all sources2018-12-31$478,916
Expenses. Total of all expenses incurred2018-12-31$207,145
Benefits paid (including direct rollovers)2018-12-31$197,585
Total plan assets at end of year2018-12-31$3,150,590
Total plan assets at beginning of year2018-12-31$2,878,819
Value of fidelity bond covering the plan2018-12-31$3,000,000
Total contributions received or receivable from participants2018-12-31$72,412
Contributions received from other sources (not participants or employers)2018-12-31$14,040
Other income received2018-12-31$359,026
Net income (gross income less expenses)2018-12-31$271,771
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,150,590
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,878,819
Assets. Value of participant loans2018-12-31$1,223
Assets. Value of employer securities2018-12-31$1,853,410
Total contributions received or receivable from employer(s)2018-12-31$33,438
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$9,560
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 401k financial data
Total income from all sources2017-12-31$424,168
Expenses. Total of all expenses incurred2017-12-31$287,788
Benefits paid (including direct rollovers)2017-12-31$272,214
Total plan assets at end of year2017-12-31$2,878,819
Total plan assets at beginning of year2017-12-31$2,742,439
Value of fidelity bond covering the plan2017-12-31$3,000,000
Total contributions received or receivable from participants2017-12-31$81,859
Contributions received from other sources (not participants or employers)2017-12-31$830
Other income received2017-12-31$304,701
Net income (gross income less expenses)2017-12-31$136,380
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,878,819
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,742,439
Assets. Value of participant loans2017-12-31$4,516
Assets. Value of employer securities2017-12-31$1,493,394
Total contributions received or receivable from employer(s)2017-12-31$36,778
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$15,574
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 401k financial data
Total income from all sources2016-12-31$416,168
Expenses. Total of all expenses incurred2016-12-31$424,553
Benefits paid (including direct rollovers)2016-12-31$413,646
Total plan assets at end of year2016-12-31$2,742,439
Total plan assets at beginning of year2016-12-31$2,750,824
Value of fidelity bond covering the plan2016-12-31$3,000,000
Total contributions received or receivable from participants2016-12-31$76,922
Expenses. Other expenses not covered elsewhere2016-12-31$230
Contributions received from other sources (not participants or employers)2016-12-31$28,515
Other income received2016-12-31$277,077
Net income (gross income less expenses)2016-12-31$-8,385
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,742,439
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,750,824
Assets. Value of participant loans2016-12-31$8,802
Assets. Value of employer securities2016-12-31$1,374,033
Total contributions received or receivable from employer(s)2016-12-31$33,654
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$10,677
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 401k financial data
Total income from all sources2015-12-31$374,069
Expenses. Total of all expenses incurred2015-12-31$234,439
Benefits paid (including direct rollovers)2015-12-31$219,255
Total plan assets at end of year2015-12-31$2,750,824
Total plan assets at beginning of year2015-12-31$2,611,194
Value of fidelity bond covering the plan2015-12-31$3,000,000
Total contributions received or receivable from participants2015-12-31$65,182
Expenses. Other expenses not covered elsewhere2015-12-31$1,180
Contributions received from other sources (not participants or employers)2015-12-31$70,000
Other income received2015-12-31$193,041
Net income (gross income less expenses)2015-12-31$139,630
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,750,824
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,611,194
Assets. Value of participant loans2015-12-31$5,521
Assets. Value of employer securities2015-12-31$1,103,175
Total contributions received or receivable from employer(s)2015-12-31$45,846
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$14,004
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 401k financial data
Total income from all sources2014-12-31$365,612
Expenses. Total of all expenses incurred2014-12-31$147,336
Benefits paid (including direct rollovers)2014-12-31$133,489
Total plan assets at end of year2014-12-31$2,611,194
Total plan assets at beginning of year2014-12-31$2,392,918
Value of fidelity bond covering the plan2014-12-31$2,053,000
Total contributions received or receivable from participants2014-12-31$64,042
Contributions received from other sources (not participants or employers)2014-12-31$93,366
Other income received2014-12-31$161,526
Net income (gross income less expenses)2014-12-31$218,276
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,611,194
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,392,918
Assets. Value of participant loans2014-12-31$12,604
Assets. Value of employer securities2014-12-31$987,882
Total contributions received or receivable from employer(s)2014-12-31$46,678
Value of certain deemed distributions of participant loans2014-12-31$12,677
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,170
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 401k financial data
Total income from all sources2013-12-31$290,812
Expenses. Total of all expenses incurred2013-12-31$126,823
Benefits paid (including direct rollovers)2013-12-31$114,415
Total plan assets at end of year2013-12-31$2,392,918
Total plan assets at beginning of year2013-12-31$2,228,929
Value of fidelity bond covering the plan2013-12-31$2,800,000
Total contributions received or receivable from participants2013-12-31$67,747
Expenses. Other expenses not covered elsewhere2013-12-31$436
Other income received2013-12-31$175,446
Net income (gross income less expenses)2013-12-31$163,989
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,392,918
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,228,929
Assets. Value of participant loans2013-12-31$5,547
Assets. Value of employer securities2013-12-31$958,431
Total contributions received or receivable from employer(s)2013-12-31$47,619
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$11,972
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 401k financial data
Total income from all sources2012-12-31$255,125
Expenses. Total of all expenses incurred2012-12-31$105,388
Benefits paid (including direct rollovers)2012-12-31$93,479
Total plan assets at end of year2012-12-31$2,228,929
Total plan assets at beginning of year2012-12-31$2,079,192
Value of fidelity bond covering the plan2012-12-31$2,050,000
Total contributions received or receivable from participants2012-12-31$58,024
Expenses. Other expenses not covered elsewhere2012-12-31$254
Contributions received from other sources (not participants or employers)2012-12-31$39,956
Other income received2012-12-31$108,558
Net income (gross income less expenses)2012-12-31$149,737
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,228,929
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,079,192
Assets. Value of participant loans2012-12-31$7,053
Assets. Value of employer securities2012-12-31$928,850
Total contributions received or receivable from employer(s)2012-12-31$48,587
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$11,655
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 401k financial data
Total income from all sources2011-12-31$531,346
Expenses. Total of all expenses incurred2011-12-31$160,097
Benefits paid (including direct rollovers)2011-12-31$155,462
Total plan assets at end of year2011-12-31$2,079,192
Total plan assets at beginning of year2011-12-31$1,707,943
Value of fidelity bond covering the plan2011-12-31$2,050,000
Total contributions received or receivable from participants2011-12-31$61,990
Expenses. Other expenses not covered elsewhere2011-12-31$816
Contributions received from other sources (not participants or employers)2011-12-31$186,182
Other income received2011-12-31$233,280
Net income (gross income less expenses)2011-12-31$371,249
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,079,192
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,707,943
Assets. Value of participant loans2011-12-31$17,861
Assets. Value of employer securities2011-12-31$1,309,414
Total contributions received or receivable from employer(s)2011-12-31$49,894
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$3,819
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 401k financial data
Total income from all sources2010-12-31$-232,984
Expenses. Total of all expenses incurred2010-12-31$60,703
Benefits paid (including direct rollovers)2010-12-31$57,390
Total plan assets at end of year2010-12-31$1,707,943
Total plan assets at beginning of year2010-12-31$2,001,630
Value of fidelity bond covering the plan2010-12-31$2,050,000
Total contributions received or receivable from participants2010-12-31$75,382
Expenses. Other expenses not covered elsewhere2010-12-31$176
Contributions received from other sources (not participants or employers)2010-12-31$18,647
Other income received2010-12-31$-371,266
Net income (gross income less expenses)2010-12-31$-293,687
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,707,943
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,001,630
Assets. Value of participant loans2010-12-31$25,219
Assets. Value of employer securities2010-12-31$1,130,953
Total contributions received or receivable from employer(s)2010-12-31$44,253
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$3,137
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS

2022: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: MOUNT VERNON BANK EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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