FIRST RELIANCE BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST
| Measure | Date | Value |
|---|
| 2018 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $83,301 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $82,995 |
| Total income from all sources (including contributions) | 2018-12-31 | $1,290,101 |
| Total of all expenses incurred | 2018-12-31 | $1,198,801 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,110,231 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,276,202 |
| Value of total assets at end of year | 2018-12-31 | $346,011 |
| Value of total assets at beginning of year | 2018-12-31 | $254,405 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $88,570 |
| Total interest from all sources | 2018-12-31 | $13,899 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $2,593 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Administrative expenses (other) incurred | 2018-12-31 | $85,977 |
| Total non interest bearing cash at end of year | 2018-12-31 | $2,944 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $123,415 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $91,300 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $262,710 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $171,410 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Investment advisory and management fees | 2018-12-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $312,831 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $129,880 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $129,880 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $13,899 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $156,682 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $1,276,202 |
| Employer contributions (assets) at end of year | 2018-12-31 | $30,236 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $1,110 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $953,549 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $83,301 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $82,995 |
| Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | ELLIOTT DAVIS, LLC/PLLC |
| Accountancy firm EIN | 2018-12-31 | 570381582 |
| 2017 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2017 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $82,995 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $57,983 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,092,242 |
| Total of all expenses incurred | 2017-12-31 | $1,125,569 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,044,346 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,082,680 |
| Value of total assets at end of year | 2017-12-31 | $254,404 |
| Value of total assets at beginning of year | 2017-12-31 | $262,719 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $81,223 |
| Total interest from all sources | 2017-12-31 | $9,562 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $2,873 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Administrative expenses (other) incurred | 2017-12-31 | $78,131 |
| Total non interest bearing cash at end of year | 2017-12-31 | $123,415 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $142,664 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $-33,327 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $171,409 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $204,736 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Investment advisory and management fees | 2017-12-31 | $219 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $129,879 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $99,003 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $99,003 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $9,562 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $129,348 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $1,082,680 |
| Employer contributions (assets) at end of year | 2017-12-31 | $1,110 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $21,052 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $914,998 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $82,995 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $57,983 |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | ELLIOTT DAVIS, LLC/PLLC |
| Accountancy firm EIN | 2017-12-31 | 570381582 |
| 2016 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $57,983 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $83,575 |
| Expenses. Interest paid | 2016-12-31 | $0 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,058,849 |
| Total of all expenses incurred | 2016-12-31 | $976,987 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $913,696 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,050,709 |
| Value of total assets at end of year | 2016-12-31 | $262,719 |
| Value of total assets at beginning of year | 2016-12-31 | $206,449 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $63,291 |
| Total interest from all sources | 2016-12-31 | $8,140 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $2,575 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Administrative expenses (other) incurred | 2016-12-31 | $60,073 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $14,817 |
| Total non interest bearing cash at end of year | 2016-12-31 | $142,664 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $83,704 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $81,862 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $204,736 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $122,874 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Investment advisory and management fees | 2016-12-31 | $643 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $99,003 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $89,372 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $89,372 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $8,140 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $110,116 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $1,050,709 |
| Employer contributions (assets) at end of year | 2016-12-31 | $21,052 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $33,373 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $803,580 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $57,983 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $68,758 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | ELLIOTT DAVIS DECOSIMO, LLC/PLLC |
| Accountancy firm EIN | 2016-12-31 | 570381582 |
| 2015 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2015 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $83,575 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $74,184 |
| Expenses. Interest paid | 2015-12-31 | $145 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2015-12-31 | $145 |
| Total income from all sources (including contributions) | 2015-12-31 | $1,075,184 |
| Total of all expenses incurred | 2015-12-31 | $1,025,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $934,082 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,073,544 |
| Value of total assets at end of year | 2015-12-31 | $206,449 |
| Value of total assets at beginning of year | 2015-12-31 | $147,870 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $91,769 |
| Total interest from all sources | 2015-12-31 | $653 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $3,964 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Other income not declared elsewhere | 2015-12-31 | $987 |
| Administrative expenses (other) incurred | 2015-12-31 | $87,268 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $14,817 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $19,872 |
| Total non interest bearing cash at end of year | 2015-12-31 | $83,704 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $43,319 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $49,188 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $122,874 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $73,686 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Investment advisory and management fees | 2015-12-31 | $537 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $89,372 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $103,147 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $103,147 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $653 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $98,188 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $1,073,544 |
| Employer contributions (assets) at end of year | 2015-12-31 | $33,373 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $1,404 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $835,894 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $68,758 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $54,312 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | ELLIOTT DAVIS DECOSIMO, LLC/PLLC |
| Accountancy firm EIN | 2015-12-31 | 570381582 |
| 2014 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2014 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $74,184 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $38,852 |
| Expenses. Interest paid | 2014-12-31 | $14 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2014-12-31 | $14 |
| Total income from all sources (including contributions) | 2014-12-31 | $808,159 |
| Total of all expenses incurred | 2014-12-31 | $953,432 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $880,925 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $806,884 |
| Value of total assets at end of year | 2014-12-31 | $147,870 |
| Value of total assets at beginning of year | 2014-12-31 | $257,811 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $72,493 |
| Total interest from all sources | 2014-12-31 | $1,251 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $1,173 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $1,979 |
| Other income not declared elsewhere | 2014-12-31 | $24 |
| Administrative expenses (other) incurred | 2014-12-31 | $70,874 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $19,872 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $218 |
| Total non interest bearing cash at end of year | 2014-12-31 | $43,319 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $60,485 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $-145,273 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $73,686 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $218,959 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Investment advisory and management fees | 2014-12-31 | $446 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $103,147 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $195,347 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $195,347 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $1,251 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $86,231 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $806,884 |
| Employer contributions (assets) at end of year | 2014-12-31 | $1,404 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $794,694 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2014-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $54,312 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $38,634 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | ELLIOTT DAVIS DECOSIMO, LLC |
| Accountancy firm EIN | 2014-12-31 | 570381582 |
| 2013 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2013 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $38,852 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $52,145 |
| Total income from all sources (including contributions) | 2013-12-31 | $725,082 |
| Total of all expenses incurred | 2013-12-31 | $782,164 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $708,911 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $722,319 |
| Value of total assets at end of year | 2013-12-31 | $257,811 |
| Value of total assets at beginning of year | 2013-12-31 | $328,186 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $73,253 |
| Total interest from all sources | 2013-12-31 | $1,278 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $2,243 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $1,979 |
| Other income not declared elsewhere | 2013-12-31 | $1,485 |
| Administrative expenses (other) incurred | 2013-12-31 | $70,388 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $218 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $106 |
| Total non interest bearing cash at end of year | 2013-12-31 | $60,485 |
| Total non interest bearing cash at beginning of year | 2013-12-31 | $136,085 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $-57,082 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $218,959 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $276,041 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Investment advisory and management fees | 2013-12-31 | $622 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $195,347 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $192,101 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $192,101 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $1,278 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $78,005 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $722,319 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $630,906 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $38,634 |
| Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $52,039 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | ELLIOTT DAVIS, LLC |
| Accountancy firm EIN | 2013-12-31 | 570381582 |
| 2012 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2012 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $52,145 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $43,748 |
| Total income from all sources (including contributions) | 2012-12-31 | $810,480 |
| Total of all expenses incurred | 2012-12-31 | $751,585 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $675,745 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $807,692 |
| Value of total assets at end of year | 2012-12-31 | $328,186 |
| Value of total assets at beginning of year | 2012-12-31 | $260,894 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $75,840 |
| Total interest from all sources | 2012-12-31 | $1,832 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $2,401 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $6,841 |
| Other income not declared elsewhere | 2012-12-31 | $956 |
| Administrative expenses (other) incurred | 2012-12-31 | $73,212 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $106 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $6,732 |
| Total non interest bearing cash at end of year | 2012-12-31 | $136,085 |
| Total non interest bearing cash at beginning of year | 2012-12-31 | $61,823 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $58,895 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $276,041 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $217,146 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Investment advisory and management fees | 2012-12-31 | $227 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $192,101 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $192,230 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $192,230 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $1,832 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $81,224 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $807,692 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $594,521 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2012-12-31 | $52,039 |
| Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $37,016 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | ELLIOTT DAVIS, LLC |
| Accountancy firm EIN | 2012-12-31 | 570381582 |
| 2011 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2011 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $43,748 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $38,989 |
| Total income from all sources (including contributions) | 2011-12-31 | $986,417 |
| Total of all expenses incurred | 2011-12-31 | $882,566 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $805,568 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $983,514 |
| Value of total assets at end of year | 2011-12-31 | $260,894 |
| Value of total assets at beginning of year | 2011-12-31 | $152,284 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $76,998 |
| Total interest from all sources | 2011-12-31 | $700 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $1,634 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $6,841 |
| Other income not declared elsewhere | 2011-12-31 | $2,203 |
| Administrative expenses (other) incurred | 2011-12-31 | $74,842 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $6,732 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
| Total non interest bearing cash at end of year | 2011-12-31 | $61,823 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $184 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $103,851 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $217,146 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $113,295 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $522 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $192,230 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $152,100 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $152,100 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $700 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $88,260 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $983,514 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $717,308 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
| Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $37,016 |
| Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $38,989 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | ELLIOTT DAVIS, LLC |
| Accountancy firm EIN | 2011-12-31 | 570381582 |
| 2010 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $38,989 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $68,237 |
| Total income from all sources (including contributions) | 2010-12-31 | $902,325 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $821,008 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $731,858 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $900,274 |
| Value of total assets at end of year | 2010-12-31 | $152,284 |
| Value of total assets at beginning of year | 2010-12-31 | $100,215 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $89,150 |
| Total interest from all sources | 2010-12-31 | $1,032 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $3,559 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Other income not declared elsewhere | 2010-12-31 | $1,019 |
| Administrative expenses (other) incurred | 2010-12-31 | $60 |
| Total non interest bearing cash at end of year | 2010-12-31 | $184 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $189 |
| 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 | $81,317 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $113,295 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $31,978 |
| 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 | $355 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $152,100 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $100,026 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $100,026 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1,032 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $80,826 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| 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 | $900,274 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $651,032 |
| Contract administrator fees | 2010-12-31 | $85,176 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $38,989 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $68,237 |
| 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 | ELLIOTT DAVIS, LLC |
| Accountancy firm EIN | 2010-12-31 | 570381582 |
