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BANK OF BELLE GLADE 401(K) PLAN 401k Plan overview

Plan NameBANK OF BELLE GLADE 401(K) PLAN
Plan identification number 002

BANK OF BELLE GLADE 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BANK OF BELLE GLADE has sponsored the creation of one or more 401k plans.

Company Name:BANK OF BELLE GLADE
Employer identification number (EIN):591024375
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF BELLE GLADE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01STEPHEN M. PRIELOZNY2023-08-14 STEPHEN M. PRIELOZNY2023-08-14
0022021-01-01STEPHEN M. PRIELOZNY2022-06-28 STEPHEN M. PRIELOZNY2022-06-28
0022020-01-01STEPHEN M. PRIELOZNY2021-08-17 STEPHEN M. PRIELOZNY2021-08-17
0022019-01-01STEPHEN M. PRIELOZNY2020-07-27 STEPHEN M. PRIELOZNY2020-07-27
0022018-01-01STEPHEN M. PRIELOZNY2019-05-15 STEPHEN M. PRIELOZNY2019-05-15
0022017-01-01STEPHEN M. PRIELOZNY2018-06-19 STEPHEN M. PRIELOZNY2018-06-19
0022016-01-01STEPHEN M. PRIELOZNY2017-05-09 STEPHEN M. PRIELOZNY2017-05-09
0022015-01-01STEPHEN M. PRIELOZNY2016-06-10 STEPHEN M. PRIELOZNY2016-06-10
0022013-01-01STEPHEN M. PRIELOZNY2014-05-13 STEPHEN M. PRIELOZNY2014-05-13
0022012-11-01STEPHEN M. PRIELOZNY2013-06-11

Plan Statistics for BANK OF BELLE GLADE 401(K) PLAN

401k plan membership statisitcs for BANK OF BELLE GLADE 401(K) PLAN

Measure Date Value
2025: BANK OF BELLE GLADE 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-09-2315
Total number of particpants at end of year2025-09-2314
Number of Participants With Account Balances2025-09-2311
2024: BANK OF BELLE GLADE 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0914
Total number of particpants at end of year2024-10-0915
Number of Participants With Account Balances2024-10-099
2022: BANK OF BELLE GLADE 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-2816
Total number of particpants at end of year2022-06-2813
Number of Participants With Account Balances2022-06-289

Financial Data on BANK OF BELLE GLADE 401(K) PLAN

Measure Date Value
2025 : BANK OF BELLE GLADE 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-238553
Net assets as of the end of the plan year2025-09-231253635
Total assets as of the beginning of the plan year2025-09-231030282
Value of plan covered by a fidelity bond2025-09-23103028
Participant contributions to plan in this plan year2025-09-2386440
Value of participant loans at end of plan year2025-09-232047
Other income to plan in this plan year2025-09-23110604
Plan net income in this plan year2025-09-23223353
Net assets as of the end of the plan year2025-09-231253635
Net assets as of the beginning of the plan year2025-09-231030282
Employer contributions to plan in this plan year2025-09-2334862
Fees paid to broker by Benefit Provider2025-09-235
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-236828
2024 : BANK OF BELLE GLADE 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-09871
Total expenses incurred by plan in this plan year2024-10-094339
Net assets as of the end of the plan year2024-10-091030282
Total assets as of the beginning of the plan year2024-10-09826310
Value of plan covered by a fidelity bond2024-10-0992638
Participant contributions to plan in this plan year2024-10-0960509
Value of participant loans at end of plan year2024-10-093496
Other income to plan in this plan year2024-10-09120743
Plan net income in this plan year2024-10-09204843
Net assets as of the end of the plan year2024-10-091030282
Net assets as of the beginning of the plan year2024-10-09825439
Employer contributions to plan in this plan year2024-10-0927930
Fees paid to broker by Benefit Provider2024-10-092738
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-094337
2022 : BANK OF BELLE GLADE 401(K) PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-06-281976
Total liabilities as of the beginning of the plan year2022-06-281691
Total expenses incurred by plan in this plan year2022-06-2815038
Net assets as of the end of the plan year2022-06-28926389
Total assets as of the beginning of the plan year2022-06-28791901
Value of plan covered by a fidelity bond2022-06-2879190
Participant contributions to plan in this plan year2022-06-2831806
Value of participant loans at end of plan year2022-06-284593
Other expenses paid from plan in this plan year2022-06-285048
Other income to plan in this plan year2022-06-28101992
Plan net income in this plan year2022-06-28134203
Net assets as of the end of the plan year2022-06-28924413
Net assets as of the beginning of the plan year2022-06-28790210
Employer contributions to plan in this plan year2022-06-2815443
Fees paid to broker by Benefit Provider2022-06-282350
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-2875

Potentially related plans

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