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COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 401k Plan overview

Plan NameCOMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN
Plan identification number 001

COMMUNITY BANK OF FLORIDA PROFIT SHARING 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

COMMUNITY BANK OF FLORIDA has sponsored the creation of one or more 401k plans.

Company Name:COMMUNITY BANK OF FLORIDA
Employer identification number (EIN):591474050
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01 DEBBIE HARSCH2017-06-16
0012016-01-01 DEBRA HARSH2017-04-17
0012015-01-01SILVIA FLORES SILVIA FLORES2016-08-01
0012014-01-01AILEEN FUNDORA AILEEN FUNDORA2015-09-30
0012013-01-01AILEEN FUNDORA AILEEN FUNDORA2014-09-03
0012012-01-01AILEEN FUNDORA AILEEN FUNDORA2013-07-30
0012011-01-01AILEEN FUNDORA AILEEN FUNDORA2012-07-30
0012010-01-01AILEEN DIAZ AILEEN DIAZ2011-11-28
0012009-01-01AILEEN DIAZ JERRY WEISMAN2010-09-24

Plan Statistics for COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN

401k plan membership statisitcs for COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN

Measure Date Value
2016: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01167
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01178
Total number of active participants reported on line 7a of the Form 55002015-01-01122
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0137
Total of all active and inactive participants2015-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01159
Number of participants with account balances2015-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01165
Total number of active participants reported on line 7a of the Form 55002014-01-01145
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0121
Total of all active and inactive participants2014-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01166
Number of participants with account balances2014-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-016
2013: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01180
Total number of active participants reported on line 7a of the Form 55002013-01-01146
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0116
Total of all active and inactive participants2013-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01162
Number of participants with account balances2013-01-01159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-017
2012: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01183
Total number of active participants reported on line 7a of the Form 55002012-01-01157
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0114
Total of all active and inactive participants2012-01-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01171
Number of participants with account balances2012-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0113
2011: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01190
Total number of active participants reported on line 7a of the Form 55002011-01-01160
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0115
Total of all active and inactive participants2011-01-01175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01175
Number of participants with account balances2011-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-019
2010: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01208
Total number of active participants reported on line 7a of the Form 55002010-01-01158
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0119
Total of all active and inactive participants2010-01-01177
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01177
Number of participants with account balances2010-01-01170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0117
2009: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01199
Total number of active participants reported on line 7a of the Form 55002009-01-01166
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0170
Total of all active and inactive participants2009-01-01236
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01236
Number of participants with account balances2009-01-01181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0114

Financial Data on COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN

Measure Date Value
2016 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-06-03$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-06-03$0
Total unrealized appreciation/depreciation of assets2016-06-03$0
Total transfer of assets to this plan2016-06-03$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-03$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-06-03$0
Total income from all sources (including contributions)2016-06-03$175,722
Total loss/gain on sale of assets2016-06-03$0
Total of all expenses incurred2016-06-03$8,603,750
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-03$8,588,103
Expenses. Certain deemed distributions of participant loans2016-06-03$0
Value of total corrective distributions2016-06-03$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-03$135,502
Value of total assets at end of year2016-06-03$0
Value of total assets at beginning of year2016-06-03$8,428,028
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-03$15,647
Total income from rents2016-06-03$0
Total interest from all sources2016-06-03$5,227
Total dividends received (eg from common stock, registered investment company shares)2016-06-03$61
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-03Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-06-03$0
Total dividends received from registered investment company shares (eg mutual funds)2016-06-03$61
Administrative expenses professional fees incurred2016-06-03$0
Was this plan covered by a fidelity bond2016-06-03Yes
Value of fidelity bond cover2016-06-03$2,000,000
If this is an individual account plan, was there a blackout period2016-06-03No
Were there any nonexempt tranactions with any party-in-interest2016-06-03No
Amount of non-exempt transactions with any party-in-interest2016-06-03$0
Contributions received from participants2016-06-03$93,089
Participant contributions at end of year2016-06-03$0
Participant contributions at beginning of year2016-06-03$216,901
Participant contributions at end of year2016-06-03$0
Participant contributions at beginning of year2016-06-03$0
Income. Received or receivable in cash from other sources (including rollovers)2016-06-03$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-06-03$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-06-03$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-06-03$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-06-03$0
Other income not declared elsewhere2016-06-03$5,546
Administrative expenses (other) incurred2016-06-03$0
Liabilities. Value of operating payables at beginning of year2016-06-03$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-03No
Value of net income/loss2016-06-03$-8,428,028
Value of net assets at end of year (total assets less liabilities)2016-06-03$0
Value of net assets at beginning of year (total assets less liabilities)2016-06-03$8,428,028
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-03No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-03No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2016-06-03$0
Were any leases to which the plan was party in default or uncollectible2016-06-03No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-06-03$0
Investment advisory and management fees2016-06-03$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-06-03$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-06-03$351,369
Value of interest in pooled separate accounts at end of year2016-06-03$0
Value of interest in pooled separate accounts at beginning of year2016-06-03$7,053,775
Interest on participant loans2016-06-03$4,175
Income. Interest from loans (other than to participants)2016-06-03$0
Interest earned on other investments2016-06-03$1,052
Income. Interest from US Government securities2016-06-03$0
Income. Interest from corporate debt instruments2016-06-03$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-06-03$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-06-03$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-06-03$588,493
Expenses. Payments to insurance carriers foe the provision of benefits2016-06-03$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-06-03$-8,505
Net investment gain/loss from pooled separate accounts2016-06-03$37,891
Net investment gain or loss from common/collective trusts2016-06-03$0
Net gain/loss from 103.12 investment entities2016-06-03$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-03No
Was there a failure to transmit to the plan any participant contributions2016-06-03No
Has the plan failed to provide any benefit when due under the plan2016-06-03No
Contributions received in cash from employer2016-06-03$42,413
Employer contributions (assets) at end of year2016-06-03$0
Employer contributions (assets) at beginning of year2016-06-03$217,490
Income. Dividends from preferred stock2016-06-03$0
Income. Dividends from common stock2016-06-03$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-03$8,588,103
Contract administrator fees2016-06-03$15,647
Liabilities. Value of benefit claims payable at beginning of year2016-06-03$0
Did the plan have assets held for investment2016-06-03No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-03No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-03Yes
Aggregate proceeds on sale of assets2016-06-03$0
Aggregate carrying amount (costs) on sale of assets2016-06-03$0
Liabilities. Value of acquisition indebtedness at beginning of year2016-06-03$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-03Yes
Opinion of an independent qualified public accountant for this plan2016-06-03Unqualified
Accountancy firm name2016-06-03BDO,LLP
Accountancy firm EIN2016-06-03135381590
2015 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets2015-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$0
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total transfer of assets to this plan2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$546,675
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$261,748
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$258,198
Expenses. Certain deemed distributions of participant loans2015-12-31$0
Value of total corrective distributions2015-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$586,433
Value of total assets at end of year2015-12-31$8,428,028
Value of total assets at beginning of year2015-12-31$8,143,101
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$3,550
Total income from rents2015-12-31$0
Total interest from all sources2015-12-31$14,962
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$3,571
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$3,571
Administrative expenses professional fees incurred2015-12-31$0
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$2,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Amount of non-exempt transactions with any party-in-interest2015-12-31$0
Contributions received from participants2015-12-31$368,884
Participant contributions at end of year2015-12-31$216,901
Participant contributions at beginning of year2015-12-31$205,377
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Other income not declared elsewhere2015-12-31$-833
Administrative expenses (other) incurred2015-12-31$0
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$284,927
Value of net assets at end of year (total assets less liabilities)2015-12-31$8,428,028
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,143,101
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2015-12-31$0
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2015-12-31$0
Investment advisory and management fees2015-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$351,369
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$395,150
Value of interest in pooled separate accounts at end of year2015-12-31$7,053,775
Value of interest in pooled separate accounts at beginning of year2015-12-31$6,672,224
Interest on participant loans2015-12-31$13,478
Income. Interest from loans (other than to participants)2015-12-31$0
Interest earned on other investments2015-12-31$1,484
Income. Interest from US Government securities2015-12-31$0
Income. Interest from corporate debt instruments2015-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$588,493
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$670,350
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-11,465
Net investment gain/loss from pooled separate accounts2015-12-31$-45,993
Net investment gain or loss from common/collective trusts2015-12-31$0
Net gain/loss from 103.12 investment entities2015-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$217,549
Employer contributions (assets) at end of year2015-12-31$217,490
Employer contributions (assets) at beginning of year2015-12-31$200,000
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$258,198
Contract administrator fees2015-12-31$3,550
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$0
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Aggregate carrying amount (costs) on sale of assets2015-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31GOLDSTEIN SCHECHTER KOCH
Accountancy firm EIN2015-12-31650209137
2014 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$0
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total transfer of assets to this plan2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,028,215
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$669,923
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$654,039
Expenses. Certain deemed distributions of participant loans2014-12-31$12,728
Value of total corrective distributions2014-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$584,675
Value of total assets at end of year2014-12-31$8,143,101
Value of total assets at beginning of year2014-12-31$7,784,809
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$3,156
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$20,507
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$4,473
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$4,473
Administrative expenses professional fees incurred2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$2,000,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Amount of non-exempt transactions with any party-in-interest2014-12-31$0
Contributions received from participants2014-12-31$333,388
Participant contributions at end of year2014-12-31$205,377
Participant contributions at beginning of year2014-12-31$268,419
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$12,279
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$51,287
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$128
Administrative expenses (other) incurred2014-12-31$0
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$358,292
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,143,101
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$7,784,809
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2014-12-31$0
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2014-12-31$0
Investment advisory and management fees2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$395,150
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$516,845
Value of interest in pooled separate accounts at end of year2014-12-31$6,672,224
Value of interest in pooled separate accounts at beginning of year2014-12-31$6,113,719
Interest on participant loans2014-12-31$19,380
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$1,127
Income. Interest from US Government securities2014-12-31$0
Income. Interest from corporate debt instruments2014-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$670,350
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$673,547
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-18,410
Net investment gain/loss from pooled separate accounts2014-12-31$436,842
Net investment gain or loss from common/collective trusts2014-12-31$0
Net gain/loss from 103.12 investment entities2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$200,000
Employer contributions (assets) at end of year2014-12-31$200,000
Employer contributions (assets) at beginning of year2014-12-31$200,000
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$654,039
Contract administrator fees2014-12-31$3,156
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$0
Aggregate carrying amount (costs) on sale of assets2014-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31GOLDSTEIN SCHECHTER KOCH, P.A.
Accountancy firm EIN2014-12-31650209137
2013 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$0
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total transfer of assets to this plan2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$1,588,060
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$488,389
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$485,532
Expenses. Certain deemed distributions of participant loans2013-12-31$0
Value of total corrective distributions2013-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$513,223
Value of total assets at end of year2013-12-31$7,784,809
Value of total assets at beginning of year2013-12-31$6,685,138
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$2,857
Total income from rents2013-12-31$0
Total interest from all sources2013-12-31$27,948
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$9,598
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$9,598
Administrative expenses professional fees incurred2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$2,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Amount of non-exempt transactions with any party-in-interest2013-12-31$0
Contributions received from participants2013-12-31$312,362
Participant contributions at end of year2013-12-31$268,419
Participant contributions at beginning of year2013-12-31$248,424
Participant contributions at end of year2013-12-31$12,279
Participant contributions at beginning of year2013-12-31$12,205
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$-2,109
Administrative expenses (other) incurred2013-12-31$0
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,099,671
Value of net assets at end of year (total assets less liabilities)2013-12-31$7,784,809
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$6,685,138
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2013-12-31$0
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2013-12-31$0
Investment advisory and management fees2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$516,845
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$374,961
Value of interest in pooled separate accounts at end of year2013-12-31$6,113,719
Value of interest in pooled separate accounts at beginning of year2013-12-31$5,194,132
Interest on participant loans2013-12-31$26,574
Income. Interest from loans (other than to participants)2013-12-31$0
Interest earned on other investments2013-12-31$1,374
Income. Interest from US Government securities2013-12-31$0
Income. Interest from corporate debt instruments2013-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$673,547
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$655,410
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$83,857
Net investment gain/loss from pooled separate accounts2013-12-31$955,543
Net investment gain or loss from common/collective trusts2013-12-31$0
Net gain/loss from 103.12 investment entities2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31Yes
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$200,861
Employer contributions (assets) at end of year2013-12-31$200,000
Employer contributions (assets) at beginning of year2013-12-31$200,006
Income. Dividends from preferred stock2013-12-31$0
Income. Dividends from common stock2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$485,532
Contract administrator fees2013-12-31$2,857
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$0
Aggregate carrying amount (costs) on sale of assets2013-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31GOLDSTEIN SCHECTER KOCH, P.A.
Accountancy firm EIN2013-12-31650209137
2012 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets2012-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$0
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets to this plan2012-12-31$0
Total transfer of assets from this plan2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,140,213
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$434,798
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$432,586
Expenses. Certain deemed distributions of participant loans2012-12-31$0
Value of total corrective distributions2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$561,674
Value of total assets at end of year2012-12-31$6,685,138
Value of total assets at beginning of year2012-12-31$5,979,723
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,212
Total income from rents2012-12-31$0
Total interest from all sources2012-12-31$27,839
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$4,298
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$4,298
Administrative expenses professional fees incurred2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Amount of non-exempt transactions with any party-in-interest2012-12-31$0
Contributions received from participants2012-12-31$359,053
Participant contributions at end of year2012-12-31$248,424
Participant contributions at beginning of year2012-12-31$178,220
Participant contributions at end of year2012-12-31$12,205
Participant contributions at beginning of year2012-12-31$13,124
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$2,615
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$-1,656
Administrative expenses (other) incurred2012-12-31$0
Liabilities. Value of operating payables at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$705,415
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,685,138
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,979,723
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2012-12-31$0
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2012-12-31$0
Investment advisory and management fees2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$374,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$297,188
Value of interest in pooled separate accounts at end of year2012-12-31$5,194,132
Value of interest in pooled separate accounts at beginning of year2012-12-31$4,656,868
Interest on participant loans2012-12-31$25,029
Income. Interest from loans (other than to participants)2012-12-31$0
Interest earned on other investments2012-12-31$2,810
Income. Interest from US Government securities2012-12-31$0
Income. Interest from corporate debt instruments2012-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$655,410
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$645,748
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$55,025
Net investment gain/loss from pooled separate accounts2012-12-31$493,033
Net investment gain or loss from common/collective trusts2012-12-31$0
Net gain/loss from 103.12 investment entities2012-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$200,006
Employer contributions (assets) at end of year2012-12-31$200,006
Employer contributions (assets) at beginning of year2012-12-31$188,575
Income. Dividends from preferred stock2012-12-31$0
Income. Dividends from common stock2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$432,586
Contract administrator fees2012-12-31$2,212
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$0
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$0
Aggregate carrying amount (costs) on sale of assets2012-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2012-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31GOLDSTEIN SCHECHTER KOCK P.A.
Accountancy firm EIN2012-12-31650209137
2011 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$0
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets to this plan2011-12-31$0
Total transfer of assets from this plan2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$510,870
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$357,610
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$355,573
Expenses. Certain deemed distributions of participant loans2011-12-31$0
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$539,809
Value of total assets at end of year2011-12-31$5,979,723
Value of total assets at beginning of year2011-12-31$5,826,463
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,037
Total income from rents2011-12-31$0
Total interest from all sources2011-12-31$25,626
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$6,712
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$6,712
Administrative expenses professional fees incurred2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$2,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Amount of non-exempt transactions with any party-in-interest2011-12-31$0
Contributions received from participants2011-12-31$351,234
Participant contributions at end of year2011-12-31$178,220
Participant contributions at beginning of year2011-12-31$192,516
Participant contributions at end of year2011-12-31$13,124
Participant contributions at beginning of year2011-12-31$15,234
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$1,598
Administrative expenses (other) incurred2011-12-31$0
Liabilities. Value of operating payables at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$153,260
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,979,723
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,826,463
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2011-12-31$0
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2011-12-31$0
Investment advisory and management fees2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$297,188
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$339,602
Value of interest in pooled separate accounts at end of year2011-12-31$4,656,868
Value of interest in pooled separate accounts at beginning of year2011-12-31$4,400,884
Interest on participant loans2011-12-31$20,387
Income. Interest from loans (other than to participants)2011-12-31$0
Interest earned on other investments2011-12-31$5,239
Income. Interest from US Government securities2011-12-31$0
Income. Interest from corporate debt instruments2011-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$645,748
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$713,422
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-51,381
Net investment gain/loss from pooled separate accounts2011-12-31$-11,494
Net investment gain or loss from common/collective trusts2011-12-31$0
Net gain/loss from 103.12 investment entities2011-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$188,575
Employer contributions (assets) at end of year2011-12-31$188,575
Employer contributions (assets) at beginning of year2011-12-31$164,805
Income. Dividends from preferred stock2011-12-31$0
Income. Dividends from common stock2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$355,573
Contract administrator fees2011-12-31$2,037
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$0
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$0
Aggregate carrying amount (costs) on sale of assets2011-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31GOLDSTEIN SCHECHTER KOCH P.A.
Accountancy firm EIN2011-12-31650209137
2010 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$0
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$0
Total transfer of assets from this plan2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,056,133
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$411,177
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$406,360
Expenses. Certain deemed distributions of participant loans2010-12-31$2,183
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$473,810
Value of total assets at end of year2010-12-31$5,826,463
Value of total assets at beginning of year2010-12-31$5,181,507
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,634
Total income from rents2010-12-31$0
Total interest from all sources2010-12-31$28,149
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$1,278
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$1,278
Administrative expenses professional fees incurred2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$2,750,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Amount of non-exempt transactions with any party-in-interest2010-12-31$0
Contributions received from participants2010-12-31$308,380
Participant contributions at end of year2010-12-31$192,516
Participant contributions at beginning of year2010-12-31$126,404
Participant contributions at end of year2010-12-31$15,234
Participant contributions at beginning of year2010-12-31$9,851
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$625
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$65
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$0
Other income not declared elsewhere2010-12-31$-1,401
Administrative expenses (other) incurred2010-12-31$0
Liabilities. Value of operating payables at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$644,956
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,826,463
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$5,181,507
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2010-12-31$0
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2010-12-31$0
Investment advisory and management fees2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$339,602
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$0
Value of interest in pooled separate accounts at end of year2010-12-31$4,400,884
Value of interest in pooled separate accounts at beginning of year2010-12-31$4,167,042
Interest on participant loans2010-12-31$17,289
Income. Interest from loans (other than to participants)2010-12-31$0
Interest earned on other investments2010-12-31$10,860
Income. Interest from US Government securities2010-12-31$0
Income. Interest from corporate debt instruments2010-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$713,422
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$705,610
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$26,121
Net investment gain/loss from pooled separate accounts2010-12-31$528,176
Net investment gain or loss from common/collective trusts2010-12-31$0
Net gain/loss from 103.12 investment entities2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$164,805
Employer contributions (assets) at end of year2010-12-31$164,805
Employer contributions (assets) at beginning of year2010-12-31$172,600
Income. Dividends from preferred stock2010-12-31$0
Income. Dividends from common stock2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$406,295
Contract administrator fees2010-12-31$2,634
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$0
Aggregate carrying amount (costs) on sale of assets2010-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31GOLDSTEIN SCHECHTER KOCH P.A.
Accountancy firm EIN2010-12-31650209137
2009 : COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 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 COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN

2016: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedYes
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
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 – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: COMMUNITY BANK OF FLORIDA PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered159
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered166
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered162
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered171
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered175
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number378019
Policy instance 1
Insurance contract or identification number378019
Number of Individuals Covered177
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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