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THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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).
  • 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.

401k Sponsoring company profile

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

Company Name:THE COASTAL BANK
Employer identification number (EIN):581020594
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about THE COASTAL BANK

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 731784

More information about THE COASTAL BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022009-01-01MARSHALL WITHERS
0022009-01-01TUT SANFORD
0022009-01-01JOYCE LOWRY

Plan Statistics for THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2009: THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01103
Total number of active participants reported on line 7a of the Form 55002009-01-0185
Number of other retired or separated participants entitled to future benefits2009-01-019
Total of all active and inactive participants2009-01-0194
Total participants2009-01-0194
Number of participants with account balances2009-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Form 5500 Responses for THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN

2009: THE COASTAL BANK EMPLOYEE STOCK OWNERSHIP PLAN 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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