401k Plan data: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST plan

HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 401k Plan overview

Plan Name	HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST
Plan identification number	001

HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST Benefits

401k Plan Type

Defined 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).
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

HERITAGEBANK OF THE SOUTH has sponsored the creation of one or more 401k plans.

Company Name: HERITAGEBANK OF THE SOUTH

Employer identification number (EIN): 580679647

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about HERITAGEBANK OF THE SOUTH

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 325449

More information about HERITAGEBANK OF THE SOUTH

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2013-01-01 LANCE WHITLEY LANCE WHITLEY 2014-07-11
001 2012-01-01 LANCE WHITLEY
001 2011-01-01 SANDRA DRIVER
001 2010-01-01 SANDRA DRIVER
001 2009-01-01 SANDRA F. DRIVER THOMAS H. FOUNTAIN 2010-10-07

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2013-01-01	LANCE WHITLEY	LANCE WHITLEY	2014-07-11
001	2012-01-01	LANCE WHITLEY
001	2011-01-01	SANDRA DRIVER
001	2010-01-01	SANDRA DRIVER
001	2009-01-01	SANDRA F. DRIVER	THOMAS H. FOUNTAIN	2010-10-07

Plan Statistics for HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST

401k plan membership statisitcs for HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST

Measure Date Value
2013: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year 2013-01-01 76
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 66
Number of retired or separated participants receiving benefits 2013-01-01 2
Number of other retired or separated participants entitled to future benefits 2013-01-01 2
Total of all active and inactive participants 2013-01-01 70
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 85
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 69
Number of retired or separated participants receiving benefits 2012-01-01 2
Number of other retired or separated participants entitled to future benefits 2012-01-01 5
Total of all active and inactive participants 2012-01-01 76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 76
2011: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year 2011-01-01 95
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 83
Number of retired or separated participants receiving benefits 2011-01-01 1
Number of other retired or separated participants entitled to future benefits 2011-01-01 1
Total of all active and inactive participants 2011-01-01 85
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 109
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 94
Number of retired or separated participants receiving benefits 2010-01-01 1
Number of other retired or separated participants entitled to future benefits 2010-01-01 0
Total of all active and inactive participants 2010-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 6
2009: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 106
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 2
Total of all active and inactive participants 2009-01-01 109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 9

Measure	Date	Value
2013: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year	2013-01-01	76
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	66
Number of retired or separated participants receiving benefits	2013-01-01	2
Number of other retired or separated participants entitled to future benefits	2013-01-01	2
Total of all active and inactive participants	2013-01-01	70
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	85
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	69
Number of retired or separated participants receiving benefits	2012-01-01	2
Number of other retired or separated participants entitled to future benefits	2012-01-01	5
Total of all active and inactive participants	2012-01-01	76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	76
2011: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year	2011-01-01	95
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	83
Number of retired or separated participants receiving benefits	2011-01-01	1
Number of other retired or separated participants entitled to future benefits	2011-01-01	1
Total of all active and inactive participants	2011-01-01	85
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	109
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	94
Number of retired or separated participants receiving benefits	2010-01-01	1
Number of other retired or separated participants entitled to future benefits	2010-01-01	0
Total of all active and inactive participants	2010-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	6
2009: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	106
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	2
Total of all active and inactive participants	2009-01-01	109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	9

Financial Data on HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST

Measure	Date	Value
2013 : HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$6,867
Total plan liabilities at beginning of year	2013-12-31	$-6,496
Total income from all sources	2013-12-31	$1,959,735
Expenses. Total of all expenses incurred	2013-12-31	$1,197,902
Benefits paid (including direct rollovers)	2013-12-31	$1,183,902
Total plan assets at end of year	2013-12-31	$9,637,246
Total plan assets at beginning of year	2013-12-31	$8,862,050
Value of fidelity bond covering the plan	2013-12-31	$8,000,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$14,000
Other income received	2013-12-31	$749,735
Net income (gross income less expenses)	2013-12-31	$761,833
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$9,630,379
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$8,868,546
Total contributions received or receivable from employer(s)	2013-12-31	$1,210,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$-6,496
Total plan liabilities at beginning of year	2012-12-31	$10,433
Total income from all sources	2012-12-31	$1,977,227
Expenses. Total of all expenses incurred	2012-12-31	$1,206,091
Benefits paid (including direct rollovers)	2012-12-31	$1,198,587
Total plan assets at end of year	2012-12-31	$8,862,050
Total plan assets at beginning of year	2012-12-31	$8,107,843
Value of fidelity bond covering the plan	2012-12-31	$8,000,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$7,504
Other income received	2012-12-31	$977,227
Net income (gross income less expenses)	2012-12-31	$771,136
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$8,868,546
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$8,097,410
Total contributions received or receivable from employer(s)	2012-12-31	$1,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$10,433
Total plan liabilities at beginning of year	2011-12-31	$2,241
Total income from all sources	2011-12-31	$491,036
Expenses. Total of all expenses incurred	2011-12-31	$1,091,934
Benefits paid (including direct rollovers)	2011-12-31	$1,065,701
Total plan assets at end of year	2011-12-31	$8,107,843
Total plan assets at beginning of year	2011-12-31	$8,700,549
Value of fidelity bond covering the plan	2011-12-31	$6,000,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$26,233
Other income received	2011-12-31	$-79,399
Net income (gross income less expenses)	2011-12-31	$-600,898
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$8,097,410
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$8,698,308
Total contributions received or receivable from employer(s)	2011-12-31	$570,435
2010 : HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$721,397
Total unrealized appreciation/depreciation of assets	2010-12-31	$721,397
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$2,241
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$1,177
Total income from all sources (including contributions)	2010-12-31	$2,888,265
Total of all expenses incurred	2010-12-31	$543,046
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$529,804
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$2,014,199
Value of total assets at end of year	2010-12-31	$8,700,549
Value of total assets at beginning of year	2010-12-31	$6,354,266
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$13,242
Total interest from all sources	2010-12-31	$152,669
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$6,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$2,241
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$1,177
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$2,345,219
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$8,698,308
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$6,353,089
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Investment advisory and management fees	2010-12-31	$13,242
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$8,186,350
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$6,234,266
Interest earned on other investments	2010-12-31	$152,669
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$2,014,199
Employer contributions (assets) at end of year	2010-12-31	$514,199
Employer contributions (assets) at beginning of year	2010-12-31	$120,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$529,804
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MAULDIN & JENKINS, CPA LLC
Accountancy firm EIN	2010-12-31	580692043
2009 : HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST

2013: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: HERITAGEBANK OF THE SOUTH DEFINED BENEFIT PLAN AND TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	HERITAGEBANK OF THE SOUTH
Employer identification number (EIN):	580679647
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	325449