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REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameREGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST
Plan identification number 001

REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

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

Company Name:REGENT BANK
Employer identification number (EIN):592608698
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about REGENT BANK

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1986-04-08
Company Identification Number: J08178
Legal Registered Office Address: 1100 SOUTHEAST THIRD AVENUE

FORT LAUDERDALE

33316

More information about REGENT BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01PAMELA JOY OWENS
0012015-01-01PAMELA JOY OWENS
0012014-01-01PAMELA JOY OWENS
0012013-01-01PAMELA JOY OWENS
0012012-01-01PAMELA JOY OWENS
0012011-01-01PAMELA JOY OWENS
0012010-01-01PAMELA JOY OWENS PAMELA JOY OWENS2011-10-17
0012009-01-01PAMELA JOY OWENS PAMELA JOY OWENS2010-08-10
0012009-01-01PAMELA JOY OWENS PAMELA JOY OWENS2010-08-10

Plan Statistics for REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Measure Date Value
2016: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01129
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: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01139
Total number of active participants reported on line 7a of the Form 55002015-01-0192
Number of retired or separated participants receiving benefits2015-01-013
Number of other retired or separated participants entitled to future benefits2015-01-0134
Total of all active and inactive participants2015-01-01129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01129
Number of participants with account balances2015-01-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01128
Total number of active participants reported on line 7a of the Form 55002014-01-0193
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0146
Total of all active and inactive participants2014-01-01139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01139
Number of participants with account balances2014-01-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-01117
Total number of active participants reported on line 7a of the Form 55002013-01-0193
Number of retired or separated participants receiving benefits2013-01-013
Number of other retired or separated participants entitled to future benefits2013-01-0132
Total of all active and inactive participants2013-01-01128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01128
Number of participants with account balances2013-01-01110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015
2012: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01135
Total number of active participants reported on line 7a of the Form 55002012-01-0188
Number of retired or separated participants receiving benefits2012-01-012
Number of other retired or separated participants entitled to future benefits2012-01-0127
Total of all active and inactive participants2012-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01117
Number of participants with account balances2012-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01128
Total number of active participants reported on line 7a of the Form 55002011-01-0199
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0135
Total of all active and inactive participants2011-01-01135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01135
Number of participants with account balances2011-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0121
2010: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01128
Total number of active participants reported on line 7a of the Form 55002010-01-01105
Number of retired or separated participants receiving benefits2010-01-013
Number of other retired or separated participants entitled to future benefits2010-01-0120
Total of all active and inactive participants2010-01-01128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01128
Number of participants with account balances2010-01-01109
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0115
2009: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01113
Total number of active participants reported on line 7a of the Form 55002009-01-01108
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0117
Total of all active and inactive participants2009-01-01125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01125
Number of participants with account balances2009-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-016

Financial Data on REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

Measure Date Value
2016 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$18
Total unrealized appreciation/depreciation of assets2016-12-31$18
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,103,176
Total loss/gain on sale of assets2016-12-31$254,023
Total of all expenses incurred2016-12-31$7,389,848
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$7,341,839
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$462,335
Value of total assets at end of year2016-12-31$0
Value of total assets at beginning of year2016-12-31$6,286,672
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$48,009
Total interest from all sources2016-12-31$6,824
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$1,358
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2016-12-31$0
Administrative expenses professional fees incurred2016-12-31$40,898
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$4,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$316,836
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$208,559
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$3,630
Other income not declared elsewhere2016-12-31$23
Administrative expenses (other) incurred2016-12-31$7,111
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-6,286,672
Value of net assets at end of year (total assets less liabilities)2016-12-31$0
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$6,286,672
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Income. Interest from loans (other than to participants)2016-12-31$6,652
Value of interest in common/collective trusts at end of year2016-12-31$0
Value of interest in common/collective trusts at beginning of year2016-12-31$5,778,383
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$231,328
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$231,328
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$172
Net investment gain or loss from common/collective trusts2016-12-31$378,595
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$141,869
Income. Dividends from common stock2016-12-31$1,358
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$7,341,839
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$68,402
Did the plan have assets held for investment2016-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31Yes
Aggregate proceeds on sale of assets2016-12-31$660,107
Aggregate carrying amount (costs) on sale of assets2016-12-31$406,084
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2016-12-31592153385
2015 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$34,189
Total unrealized appreciation/depreciation of assets2015-12-31$34,189
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$718,945
Total loss/gain on sale of assets2015-12-31$889
Total of all expenses incurred2015-12-31$604,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$551,981
Value of total corrective distributions2015-12-31$6,695
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$588,418
Value of total assets at end of year2015-12-31$6,286,672
Value of total assets at beginning of year2015-12-31$6,171,909
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$45,506
Total interest from all sources2015-12-31$8,154
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$4,000,000
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
Contributions received from participants2015-12-31$396,240
Participant contributions at end of year2015-12-31$208,559
Participant contributions at beginning of year2015-12-31$150,833
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$65,232
Other income not declared elsewhere2015-12-31$555
Administrative expenses (other) incurred2015-12-31$4,797
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$114,763
Value of net assets at end of year (total assets less liabilities)2015-12-31$6,286,672
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$6,171,909
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
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Interest on participant loans2015-12-31$7,878
Value of interest in common/collective trusts at end of year2015-12-31$5,778,383
Value of interest in common/collective trusts at beginning of year2015-12-31$5,732,676
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$231,328
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$255,091
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$255,091
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$276
Net investment gain or loss from common/collective trusts2015-12-31$86,740
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$126,946
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$551,981
Contract administrator fees2015-12-31$40,709
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$68,402
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$33,309
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$7,889
Aggregate carrying amount (costs) on sale of assets2015-12-31$7,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2015-12-31592153385
2014 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-186,575
Total unrealized appreciation/depreciation of assets2014-12-31$-186,575
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$787,982
Total loss/gain on sale of assets2014-12-31$-38,500
Total of all expenses incurred2014-12-31$943,609
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$890,666
Value of total corrective distributions2014-12-31$8,878
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$518,287
Value of total assets at end of year2014-12-31$6,171,909
Value of total assets at beginning of year2014-12-31$6,327,536
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$44,065
Total interest from all sources2014-12-31$5,031
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$4,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
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
Contributions received from participants2014-12-31$339,082
Participant contributions at end of year2014-12-31$150,833
Participant contributions at beginning of year2014-12-31$112,267
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$65,126
Administrative expenses (other) incurred2014-12-31$4,190
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-155,627
Value of net assets at end of year (total assets less liabilities)2014-12-31$6,171,909
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$6,327,536
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
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Interest on participant loans2014-12-31$4,795
Value of interest in common/collective trusts at end of year2014-12-31$5,732,676
Value of interest in common/collective trusts at beginning of year2014-12-31$5,745,462
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$255,091
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$143,136
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$143,136
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$236
Net investment gain or loss from common/collective trusts2014-12-31$489,739
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$114,079
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$890,666
Contract administrator fees2014-12-31$39,875
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$33,309
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$326,671
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$48,411
Aggregate carrying amount (costs) on sale of assets2014-12-31$86,911
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 name2014-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2014-12-31592153385
2013 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$43,604
Total unrealized appreciation/depreciation of assets2013-12-31$43,604
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$1,441,617
Total loss/gain on sale of assets2013-12-31$2,075
Total of all expenses incurred2013-12-31$331,774
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$287,218
Value of total corrective distributions2013-12-31$3,119
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$504,014
Value of total assets at end of year2013-12-31$6,327,536
Value of total assets at beginning of year2013-12-31$5,217,693
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$41,437
Total interest from all sources2013-12-31$5,463
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$4,000,000
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
Contributions received from participants2013-12-31$378,201
Participant contributions at end of year2013-12-31$112,267
Participant contributions at beginning of year2013-12-31$139,826
Administrative expenses (other) incurred2013-12-31$1,936
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$1,109,843
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,327,536
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$5,217,693
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
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Income. Interest from loans (other than to participants)2013-12-31$5,152
Value of interest in common/collective trusts at end of year2013-12-31$5,745,462
Value of interest in common/collective trusts at beginning of year2013-12-31$4,720,173
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$143,136
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$129,935
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$129,935
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$311
Net investment gain or loss from common/collective trusts2013-12-31$886,461
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 contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$125,813
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$287,218
Contract administrator fees2013-12-31$39,501
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$326,671
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$227,759
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$34,954
Aggregate carrying amount (costs) on sale of assets2013-12-31$32,879
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2013-12-31592153385
2012 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-70,247
Total unrealized appreciation/depreciation of assets2012-12-31$-70,247
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$884,307
Total loss/gain on sale of assets2012-12-31$-11,680
Total of all expenses incurred2012-12-31$427,247
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$391,499
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$511,537
Value of total assets at end of year2012-12-31$5,217,693
Value of total assets at beginning of year2012-12-31$4,760,633
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$35,748
Total interest from all sources2012-12-31$6,052
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$4,000,000
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
Contributions received from participants2012-12-31$380,013
Participant contributions at end of year2012-12-31$139,826
Participant contributions at beginning of year2012-12-31$136,570
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$7,466
Administrative expenses (other) incurred2012-12-31$3,385
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$457,060
Value of net assets at end of year (total assets less liabilities)2012-12-31$5,217,693
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,760,633
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
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Interest on participant loans2012-12-31$5,629
Value of interest in common/collective trusts at end of year2012-12-31$4,720,173
Value of interest in common/collective trusts at beginning of year2012-12-31$4,067,829
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$129,935
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$248,455
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$248,455
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$423
Net investment gain or loss from common/collective trusts2012-12-31$448,645
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$124,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$391,499
Contract administrator fees2012-12-31$32,363
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$227,759
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$307,779
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$53,571
Aggregate carrying amount (costs) on sale of assets2012-12-31$65,251
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2012-12-31592153385
2011 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-33,461
Total unrealized appreciation/depreciation of assets2011-12-31$-33,461
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$829,430
Total loss/gain on sale of assets2011-12-31$-9,473
Total of all expenses incurred2011-12-31$350,500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$318,130
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$763,957
Value of total assets at end of year2011-12-31$4,760,633
Value of total assets at beginning of year2011-12-31$4,281,703
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$32,370
Total interest from all sources2011-12-31$6,880
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$3,000,000
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
Contributions received from participants2011-12-31$448,169
Participant contributions at end of year2011-12-31$136,570
Participant contributions at beginning of year2011-12-31$93,920
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$170,350
Administrative expenses (other) incurred2011-12-31$1,973
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$478,930
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,760,633
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,281,703
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
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Interest on participant loans2011-12-31$6,518
Value of interest in common/collective trusts at end of year2011-12-31$4,067,829
Value of interest in common/collective trusts at beginning of year2011-12-31$3,687,197
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$248,455
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$127,856
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$127,856
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$362
Net investment gain or loss from common/collective trusts2011-12-31$101,527
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 contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$145,438
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$318,130
Contract administrator fees2011-12-31$30,397
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$307,779
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$372,730
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$107,749
Aggregate carrying amount (costs) on sale of assets2011-12-31$117,222
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2011-12-31592153385
2010 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$-58,785
Total unrealized appreciation/depreciation of assets2010-12-31$-58,785
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$873,720
Total loss/gain on sale of assets2010-12-31$-8,775
Total of all expenses incurred2010-12-31$207,614
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$173,823
Value of total corrective distributions2010-12-31$7,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$548,263
Value of total assets at end of year2010-12-31$4,281,703
Value of total assets at beginning of year2010-12-31$3,615,597
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$26,251
Total interest from all sources2010-12-31$7,424
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 year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$4,000,000
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
Contributions received from participants2010-12-31$416,364
Participant contributions at end of year2010-12-31$93,920
Participant contributions at beginning of year2010-12-31$177,945
Administrative expenses (other) incurred2010-12-31$3,020
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$666,106
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,281,703
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,615,597
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
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$3,211
Interest on participant loans2010-12-31$7,044
Value of interest in common/collective trusts at end of year2010-12-31$3,687,197
Value of interest in common/collective trusts at beginning of year2010-12-31$2,859,183
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$127,856
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$137,952
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$137,952
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$380
Net investment gain or loss from common/collective trusts2010-12-31$385,593
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 contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$131,899
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$173,823
Contract administrator fees2010-12-31$20,020
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$372,730
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$440,517
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$79,041
Aggregate carrying amount (costs) on sale of assets2010-12-31$87,816
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 name2010-12-31HACKER, JOHNSON & SMITH P.A.
Accountancy firm EIN2010-12-31592153385
2009 : REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 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 REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST

2016: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 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 – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: REGENT BANK EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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