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PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 401k Plan overview

Plan NamePREMIER FINANCIAL BANCORP, INC. 401(K) PLAN
Plan identification number 001

PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PREMIER FINANCIAL BANCORP, INC. has sponsored the creation of one or more 401k plans.

Company Name:PREMIER FINANCIAL BANCORP, INC.
Employer identification number (EIN):611206757
NAIC Classification:551111
NAIC Description:Offices of Bank Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012022-01-01TONYA STEELE
0012021-01-01
0012021-01-01TONYA STEELE
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01KATRINA WHITT KATRINA WHITT2018-10-11
0012016-01-01KATRINA WHITT KATRINA WHITT2017-10-10
0012015-01-01KATRINA WHITT KATRINA WHITT2016-10-12
0012014-01-01KATRINA WHITT KATRINA WHITT2015-10-09
0012013-01-01KATRINA WHITT
0012012-01-01KATRINA WHITT KATRINA WHITT2013-10-14
0012011-01-01KATRINA WHITT KATRINA WHITT2012-10-10
0012010-01-01KATRINA WHITT
0012009-01-01KATRINA WHITT KATRINA WHITT2010-10-08

Financial Data on PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN

Measure Date Value
2022 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-07-06$-19
Total unrealized appreciation/depreciation of assets2022-07-06$-19
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-06$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-07-06$0
Total income from all sources (including contributions)2022-07-06$-814,993
Total loss/gain on sale of assets2022-07-06$475
Total of all expenses incurred2022-07-06$12,270,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-07-06$12,253,904
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-07-06$0
Value of total assets at end of year2022-07-06$0
Value of total assets at beginning of year2022-07-06$13,085,168
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-07-06$16,271
Total interest from all sources2022-07-06$3,599
Total dividends received (eg from common stock, registered investment company shares)2022-07-06$2,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-07-06Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-07-06$0
Total dividends received from registered investment company shares (eg mutual funds)2022-07-06$1,112
Was this plan covered by a fidelity bond2022-07-06Yes
Value of fidelity bond cover2022-07-06$5,000,000
If this is an individual account plan, was there a blackout period2022-07-06No
Were there any nonexempt tranactions with any party-in-interest2022-07-06No
Participant contributions at beginning of year2022-07-06$127,858
Other income not declared elsewhere2022-07-06$382
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-06No
Value of net income/loss2022-07-06$-13,085,168
Value of net assets at end of year (total assets less liabilities)2022-07-06$0
Value of net assets at beginning of year (total assets less liabilities)2022-07-06$13,085,168
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-07-06No
Were any loans by the plan or fixed income obligations due to the plan in default2022-07-06No
Were any leases to which the plan was party in default or uncollectible2022-07-06No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-07-06$11,332,981
Interest on participant loans2022-07-06$85
Interest earned on other investments2022-07-06$3,514
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-07-06$1,503,398
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-07-06$-821,783
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-07-06No
Was there a failure to transmit to the plan any participant contributions2022-07-06Yes
Has the plan failed to provide any benefit when due under the plan2022-07-06No
Assets. Invements in employer securities at beginning of year2022-07-06$120,931
Income. Dividends from common stock2022-07-06$1,241
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-07-06$12,253,904
Contract administrator fees2022-07-06$16,271
Did the plan have assets held for investment2022-07-06No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-07-06No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-07-06Yes
Aggregate proceeds on sale of assets2022-07-06$122,628
Aggregate carrying amount (costs) on sale of assets2022-07-06$122,153
Opinion of an independent qualified public accountant for this plan2022-07-06Unqualified
Accountancy firm name2022-07-06BROWN EDWARDS & COMPANY, LLP
Accountancy firm EIN2022-07-06540504608
Unrealized appreciation/depreciation of other (non real estate) assets2022-01-01$-19
Total unrealized appreciation/depreciation of assets2022-01-01$-19
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$0
Total income from all sources (including contributions)2022-01-01$-814,993
Total loss/gain on sale of assets2022-01-01$475
Total of all expenses incurred2022-01-01$12,270,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$12,253,904
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$0
Value of total assets at end of year2022-01-01$0
Value of total assets at beginning of year2022-01-01$13,085,168
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$16,271
Total interest from all sources2022-01-01$3,599
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$2,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2022-01-01$0
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$1,112
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$5,000,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Participant contributions at beginning of year2022-01-01$127,858
Other income not declared elsewhere2022-01-01$382
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-13,085,168
Value of net assets at end of year (total assets less liabilities)2022-01-01$0
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$13,085,168
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$11,332,981
Interest on participant loans2022-01-01$85
Interest earned on other investments2022-01-01$3,514
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$1,503,398
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-821,783
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01Yes
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Assets. Invements in employer securities at beginning of year2022-01-01$120,931
Income. Dividends from common stock2022-01-01$1,241
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$12,253,904
Contract administrator fees2022-01-01$16,271
Did the plan have assets held for investment2022-01-01No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01Yes
Aggregate proceeds on sale of assets2022-01-01$122,628
Aggregate carrying amount (costs) on sale of assets2022-01-01$122,153
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01BROWN EDWARDS & COMPANY, LLP
Accountancy firm EIN2022-01-01540504608
2021 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$-10,681
Total unrealized appreciation/depreciation of assets2021-12-31$-10,681
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$4,119,876
Total loss/gain on sale of assets2021-12-31$104,032
Total of all expenses incurred2021-12-31$13,380,367
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$13,245,090
Value of total corrective distributions2021-12-31$17,056
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,577,393
Value of total assets at end of year2021-12-31$13,085,168
Value of total assets at beginning of year2021-12-31$22,345,659
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$118,221
Total interest from all sources2021-12-31$56,374
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$308,505
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$279,588
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,068,090
Participant contributions at end of year2021-12-31$127,858
Participant contributions at beginning of year2021-12-31$564,420
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$12,614
Other income not declared elsewhere2021-12-31$23,750
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-9,260,491
Value of net assets at end of year (total assets less liabilities)2021-12-31$13,085,168
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$22,345,659
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$11,332,981
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$19,330,149
Interest on participant loans2021-12-31$22,775
Interest earned on other investments2021-12-31$33,599
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$1,503,398
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$2,199,313
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,060,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$120,931
Assets. Invements in employer securities at beginning of year2021-12-31$251,777
Contributions received in cash from employer2021-12-31$496,689
Income. Dividends from common stock2021-12-31$28,917
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$13,245,090
Contract administrator fees2021-12-31$118,221
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$448,675
Aggregate carrying amount (costs) on sale of assets2021-12-31$344,643
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BROWN EDWARDS & COMPANY, LLP
Accountancy firm EIN2021-12-31540504608
2020 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-85,973
Total unrealized appreciation/depreciation of assets2020-12-31$-85,973
Total transfer of assets to this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,125,639
Total loss/gain on sale of assets2020-12-31$-17,199
Total of all expenses incurred2020-12-31$1,741,404
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,628,733
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$2,204
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,125,763
Value of total assets at end of year2020-12-31$22,345,659
Value of total assets at beginning of year2020-12-31$18,961,424
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$110,467
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$72,758
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$313,043
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$301,018
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$1,204,892
Participant contributions at end of year2020-12-31$564,420
Participant contributions at beginning of year2020-12-31$517,747
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$317,421
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$21,768
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,384,235
Value of net assets at end of year (total assets less liabilities)2020-12-31$22,345,659
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$18,961,424
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
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 year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$19,330,149
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$16,101,159
Interest on participant loans2020-12-31$29,935
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$42,823
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$2,199,313
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$1,965,216
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,695,479
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$0
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$251,777
Assets. Invements in employer securities at beginning of year2020-12-31$377,302
Contributions received in cash from employer2020-12-31$603,450
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$12,025
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,628,733
Contract administrator fees2020-12-31$110,467
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$34,676
Aggregate carrying amount (costs) on sale of assets2020-12-31$51,875
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31BROWN, EDWARD, & COMPANY, LLP
Accountancy firm EIN2020-12-31540504608
2019 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$66,087
Total unrealized appreciation/depreciation of assets2019-12-31$66,087
Total transfer of assets to this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,121,670
Total loss/gain on sale of assets2019-12-31$2,701
Total of all expenses incurred2019-12-31$2,057,171
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,948,739
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$4,482
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,845,089
Value of total assets at end of year2019-12-31$18,961,424
Value of total assets at beginning of year2019-12-31$15,896,925
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$103,950
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$68,305
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$318,175
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$305,400
Administrative expenses professional fees incurred2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$1,177,499
Participant contributions at end of year2019-12-31$517,747
Participant contributions at beginning of year2019-12-31$402,588
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$67,957
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$17,882
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,064,499
Value of net assets at end of year (total assets less liabilities)2019-12-31$18,961,424
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$15,896,925
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
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 year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$16,101,159
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$13,339,929
Interest on participant loans2019-12-31$25,979
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$42,326
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$1,965,216
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$1,795,050
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,803,431
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$0
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$377,302
Assets. Invements in employer securities at beginning of year2019-12-31$359,358
Contributions received in cash from employer2019-12-31$599,633
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$12,775
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,948,739
Contract administrator fees2019-12-31$103,950
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$64,235
Aggregate carrying amount (costs) on sale of assets2019-12-31$61,534
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31BROWN, EDWARD, & COMPANY, LLP
Accountancy firm EIN2019-12-31550504608
2018 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-18,794
Total unrealized appreciation/depreciation of assets2018-12-31$-18,794
Total transfer of assets to this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$628,387
Total loss/gain on sale of assets2018-12-31$-540
Total of all expenses incurred2018-12-31$2,386,506
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,373,102
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Value of total corrective distributions2018-12-31$3,983
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,736,008
Value of total assets at end of year2018-12-31$15,896,925
Value of total assets at beginning of year2018-12-31$17,655,044
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$9,421
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$39,862
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$249,359
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$234,048
Administrative expenses professional fees incurred2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$1,095,663
Participant contributions at end of year2018-12-31$402,588
Participant contributions at beginning of year2018-12-31$323,730
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$9,497
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$76,941
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$355
Administrative expenses (other) incurred2018-12-31$0
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,758,119
Value of net assets at end of year (total assets less liabilities)2018-12-31$15,896,925
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$17,655,044
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
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 year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$13,339,929
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$15,315,032
Interest on participant loans2018-12-31$20,028
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$19,834
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$1,795,050
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$1,543,098
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,377,863
Net investment gain/loss from pooled separate accounts2018-12-31$0
Net investment gain or loss from common/collective trusts2018-12-31$0
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$359,358
Assets. Invements in employer securities at beginning of year2018-12-31$463,687
Contributions received in cash from employer2018-12-31$563,404
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$0
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$15,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,373,102
Contract administrator fees2018-12-31$9,421
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$100,543
Aggregate carrying amount (costs) on sale of assets2018-12-31$101,083
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BROWN, EDWARDS, & COMPANY, LLP
Accountancy firm EIN2018-12-31540504608
2017 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of real estate assets2017-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-857
Total unrealized appreciation/depreciation of assets2017-12-31$-857
Total transfer of assets to this plan2017-12-31$1,976,771
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$3,843,626
Total loss/gain on sale of assets2017-12-31$178
Total of all expenses incurred2017-12-31$1,891,916
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,875,007
Expenses. Certain deemed distributions of participant loans2017-12-31$0
Value of total corrective distributions2017-12-31$8,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,544,904
Value of total assets at end of year2017-12-31$17,655,044
Value of total assets at beginning of year2017-12-31$13,726,563
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$8,738
Total income from rents2017-12-31$0
Total interest from all sources2017-12-31$38,895
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$265,759
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$251,721
Administrative expenses professional fees incurred2017-12-31$0
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Amount of non-exempt transactions with any party-in-interest2017-12-31$0
Contributions received from participants2017-12-31$1,013,032
Participant contributions at end of year2017-12-31$323,730
Participant contributions at beginning of year2017-12-31$287,333
Participant contributions at end of year2017-12-31$9,497
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$24,618
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$0
Other income not declared elsewhere2017-12-31$0
Administrative expenses (other) incurred2017-12-31$0
Liabilities. Value of operating payables at beginning of year2017-12-31$0
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,951,710
Value of net assets at end of year (total assets less liabilities)2017-12-31$17,655,044
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$13,726,563
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
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 year2017-12-31$0
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2017-12-31$0
Investment advisory and management fees2017-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$15,315,032
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$11,050,559
Interest on participant loans2017-12-31$16,346
Income. Interest from loans (other than to participants)2017-12-31$0
Interest earned on other investments2017-12-31$22,549
Income. Interest from US Government securities2017-12-31$0
Income. Interest from corporate debt instruments2017-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$1,543,098
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$1,907,775
Expenses. Payments to insurance carriers foe the provision of benefits2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,994,747
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$0
Net gain/loss from 103.12 investment entities2017-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$463,687
Assets. Invements in employer securities at beginning of year2017-12-31$480,896
Contributions received in cash from employer2017-12-31$507,254
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$0
Income. Dividends from preferred stock2017-12-31$0
Income. Dividends from common stock2017-12-31$14,038
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,875,007
Contract administrator fees2017-12-31$8,738
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$31,185
Aggregate carrying amount (costs) on sale of assets2017-12-31$31,007
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31TRAINER WRIGHT & PATERNO
Accountancy firm EIN2017-12-31550554030
2016 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets2016-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$77,602
Total unrealized appreciation/depreciation of assets2016-12-31$77,602
Total transfer of assets to this plan2016-12-31$0
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$2,341,743
Total loss/gain on sale of assets2016-12-31$7
Total of all expenses incurred2016-12-31$1,395,061
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,382,870
Expenses. Certain deemed distributions of participant loans2016-12-31$0
Value of total corrective distributions2016-12-31$4,243
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,478,621
Value of total assets at end of year2016-12-31$13,726,563
Value of total assets at beginning of year2016-12-31$12,779,881
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$7,948
Total income from rents2016-12-31$0
Total interest from all sources2016-12-31$31,794
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$180,913
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$122,266
Administrative expenses professional fees incurred2016-12-31$0
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
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
Amount of non-exempt transactions with any party-in-interest2016-12-31$0
Contributions received from participants2016-12-31$958,055
Participant contributions at end of year2016-12-31$287,333
Participant contributions at beginning of year2016-12-31$291,280
Participant contributions at end of year2016-12-31$0
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$55,271
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2016-12-31$96
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$0
Other income not declared elsewhere2016-12-31$0
Administrative expenses (other) incurred2016-12-31$2
Liabilities. Value of operating payables at beginning of year2016-12-31$0
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$946,682
Value of net assets at end of year (total assets less liabilities)2016-12-31$13,726,563
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$12,779,881
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
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 year2016-12-31$0
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2016-12-31$0
Investment advisory and management fees2016-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$11,050,559
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$10,793,096
Interest on participant loans2016-12-31$12,652
Income. Interest from loans (other than to participants)2016-12-31$0
Interest earned on other investments2016-12-31$19,142
Income. Interest from US Government securities2016-12-31$0
Income. Interest from corporate debt instruments2016-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$1,907,775
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,323,084
Expenses. Payments to insurance carriers foe the provision of benefits2016-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$572,806
Net investment gain/loss from pooled separate accounts2016-12-31$0
Net investment gain or loss from common/collective trusts2016-12-31$0
Net gain/loss from 103.12 investment entities2016-12-31$0
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
Assets. Invements in employer securities at end of year2016-12-31$480,896
Assets. Invements in employer securities at beginning of year2016-12-31$372,421
Contributions received in cash from employer2016-12-31$465,295
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$0
Income. Dividends from preferred stock2016-12-31$0
Income. Dividends from common stock2016-12-31$58,647
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,382,774
Contract administrator fees2016-12-31$7,946
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$28,390
Aggregate carrying amount (costs) on sale of assets2016-12-31$28,383
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$0
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 name2016-12-31TRAINER, WRIGHT AND PATERNO
Accountancy firm EIN2016-12-31550554030
2015 : PREMIER FINANCIAL BANCORP, INC. 401(K) 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$19,971
Total unrealized appreciation/depreciation of assets2015-12-31$19,971
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$1,372,037
Total loss/gain on sale of assets2015-12-31$-2,731
Total of all expenses incurred2015-12-31$1,511,743
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,488,084
Expenses. Certain deemed distributions of participant loans2015-12-31$0
Value of total corrective distributions2015-12-31$14,684
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,428,971
Value of total assets at end of year2015-12-31$12,779,881
Value of total assets at beginning of year2015-12-31$12,919,587
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$8,975
Total income from rents2015-12-31$0
Total interest from all sources2015-12-31$28,017
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$120,618
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$107,380
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$5,000,000
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$881,530
Participant contributions at end of year2015-12-31$291,280
Participant contributions at beginning of year2015-12-31$309,297
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$85,078
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$87
Administrative expenses (other) incurred2015-12-31$11
Liabilities. Value of operating payables at beginning of year2015-12-31$0
Total non interest bearing cash at end of year2015-12-31$0
Total non interest bearing cash at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-139,706
Value of net assets at end of year (total assets less liabilities)2015-12-31$12,779,881
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$12,919,587
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$10,793,096
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$11,020,974
Interest on participant loans2015-12-31$12,603
Income. Interest from loans (other than to participants)2015-12-31$0
Interest earned on other investments2015-12-31$15,414
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$1,323,084
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$1,182,356
Expenses. Payments to insurance carriers foe the provision of benefits2015-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-222,896
Net investment gain/loss from pooled separate accounts2015-12-31$0
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
Assets. Invements in employer securities at end of year2015-12-31$372,421
Assets. Invements in employer securities at beginning of year2015-12-31$406,960
Contributions received in cash from employer2015-12-31$462,363
Employer contributions (assets) at end of year2015-12-31$0
Employer contributions (assets) at beginning of year2015-12-31$0
Income. Dividends from preferred stock2015-12-31$0
Income. Dividends from common stock2015-12-31$13,238
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,488,084
Contract administrator fees2015-12-31$8,964
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$68,322
Aggregate carrying amount (costs) on sale of assets2015-12-31$71,053
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 name2015-12-31TRAINER, WRIGHT, AND PATERNO
Accountancy firm EIN2015-12-31550554030
2014 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-25,156
Total unrealized appreciation/depreciation of assets2014-12-31$-25,156
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
Expenses. Interest paid2014-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$0
Total income from all sources (including contributions)2014-12-31$1,733,027
Total loss/gain on sale of assets2014-12-31$60,955
Total of all expenses incurred2014-12-31$1,271,687
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,264,569
Expenses. Certain deemed distributions of participant loans2014-12-31$0
Value of total corrective distributions2014-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,253,790
Value of total assets at end of year2014-12-31$12,919,587
Value of total assets at beginning of year2014-12-31$12,458,247
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$7,118
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$23,288
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$193,457
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$183,180
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$5,000,000
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$830,312
Participant contributions at end of year2014-12-31$309,297
Participant contributions at beginning of year2014-12-31$245,662
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$21,597
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$121,315
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$0
Other income not declared elsewhere2014-12-31$-2,412
Administrative expenses (other) incurred2014-12-31$810
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at end of year2014-12-31$0
Total non interest bearing cash 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
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$461,340
Value of net assets at end of year (total assets less liabilities)2014-12-31$12,919,587
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$12,458,247
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$11,020,974
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$8,657,961
Interest on participant loans2014-12-31$10,000
Income. Interest from loans (other than to participants)2014-12-31$0
Interest earned on other investments2014-12-31$11,431
Income. Interest from US Government securities2014-12-31$0
Income. Interest from corporate debt instruments2014-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$3,043,149
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$3,043,149
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$1,857
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$1,182,356
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$0
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$229,105
Net investment gain/loss from pooled separate accounts2014-12-31$0
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
Assets. Invements in employer securities at end of year2014-12-31$406,960
Assets. Invements in employer securities at beginning of year2014-12-31$477,190
Contributions received in cash from employer2014-12-31$302,163
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$12,688
Income. Dividends from preferred stock2014-12-31$0
Income. Dividends from common stock2014-12-31$10,277
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,264,569
Contract administrator fees2014-12-31$6,308
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
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$60,955
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 name2014-12-31TRAINER WRIGHT & PATERNO
Accountancy firm EIN2014-12-31550554030
2013 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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$2,755,686
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,396,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,374,429
Value of total corrective distributions2013-12-31$14,702
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,007,494
Value of total assets at end of year2013-12-31$12,458,247
Value of total assets at beginning of year2013-12-31$11,098,562
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$6,870
Total interest from all sources2013-12-31$12,645
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$76,044
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$76,044
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$1,000,000
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$637,919
Participant contributions at end of year2013-12-31$245,662
Participant contributions at beginning of year2013-12-31$135,161
Participant contributions at end of year2013-12-31$21,597
Participant contributions at beginning of year2013-12-31$24,735
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$8,543
Other income not declared elsewhere2013-12-31$120,630
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$1,359,685
Value of net assets at end of year (total assets less liabilities)2013-12-31$12,458,247
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$11,098,562
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$8,657,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$7,567,901
Interest on participant loans2013-12-31$8,780
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$3,043,149
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$2,914,142
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$2,914,142
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$3,865
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,538,873
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
Assets. Invements in employer securities at end of year2013-12-31$477,190
Assets. Invements in employer securities at beginning of year2013-12-31$442,106
Contributions received in cash from employer2013-12-31$361,032
Employer contributions (assets) at end of year2013-12-31$12,688
Employer contributions (assets) at beginning of year2013-12-31$14,517
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,374,429
Contract administrator fees2013-12-31$6,870
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
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 name2013-12-31TRAINER, WRIGHT, AND PATERNO
Accountancy firm EIN2013-12-31550554030
2012 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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$2,314,775
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,342,342
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,323,434
Value of total corrective distributions2012-12-31$14,123
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,066,631
Value of total assets at end of year2012-12-31$11,098,562
Value of total assets at beginning of year2012-12-31$10,126,129
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$4,785
Total interest from all sources2012-12-31$6,358
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$93,378
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$93,378
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$1,000,000
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$688,111
Participant contributions at end of year2012-12-31$135,161
Participant contributions at beginning of year2012-12-31$148,359
Participant contributions at end of year2012-12-31$24,735
Participant contributions at beginning of year2012-12-31$24,566
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$299
Other income not declared elsewhere2012-12-31$272,644
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$972,433
Value of net assets at end of year (total assets less liabilities)2012-12-31$11,098,562
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$10,126,129
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$7,567,901
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$6,743,447
Interest on participant loans2012-12-31$6,358
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$2,914,142
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$3,013,165
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$3,013,165
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$875,764
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 contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$442,106
Assets. Invements in employer securities at beginning of year2012-12-31$181,895
Contributions received in cash from employer2012-12-31$378,221
Employer contributions (assets) at end of year2012-12-31$14,517
Employer contributions (assets) at beginning of year2012-12-31$14,697
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,323,434
Contract administrator fees2012-12-31$4,785
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
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 name2012-12-31TRAINER, WRIGHT, AND PATERNO
Accountancy firm EIN2012-12-31550554030
2011 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$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$856,379
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$909,988
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$900,889
Value of total corrective distributions2011-12-31$4,059
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,218,702
Value of total assets at end of year2011-12-31$10,126,129
Value of total assets at beginning of year2011-12-31$10,179,738
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$5,040
Total interest from all sources2011-12-31$7,059
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$93,608
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$93,608
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$1,000,000
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$790,393
Participant contributions at end of year2011-12-31$148,359
Participant contributions at beginning of year2011-12-31$175,810
Participant contributions at end of year2011-12-31$24,566
Participant contributions at beginning of year2011-12-31$30,093
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$33,852
Other income not declared elsewhere2011-12-31$-84,725
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$-53,609
Value of net assets at end of year (total assets less liabilities)2011-12-31$10,126,129
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$10,179,738
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$6,743,447
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$7,099,223
Interest on participant loans2011-12-31$7,059
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$3,013,165
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$2,587,894
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$2,587,894
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-378,265
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
Assets. Invements in employer securities at end of year2011-12-31$181,895
Assets. Invements in employer securities at beginning of year2011-12-31$273,660
Contributions received in cash from employer2011-12-31$394,457
Employer contributions (assets) at end of year2011-12-31$14,697
Employer contributions (assets) at beginning of year2011-12-31$13,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$900,889
Contract administrator fees2011-12-31$5,040
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31TRAINER, WRIGHT, AND PATERNO
Accountancy firm EIN2011-12-31550554030
2010 : PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$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$2,430,673
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$354,222
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$351,006
Value of total corrective distributions2010-12-31$851
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,719,807
Value of total assets at end of year2010-12-31$10,179,738
Value of total assets at beginning of year2010-12-31$8,103,287
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,365
Total interest from all sources2010-12-31$9,031
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$9,541
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$9,541
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
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$777,670
Participant contributions at end of year2010-12-31$175,810
Participant contributions at beginning of year2010-12-31$75,987
Participant contributions at end of year2010-12-31$30,093
Participant contributions at beginning of year2010-12-31$18,165
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$559,783
Other income not declared elsewhere2010-12-31$-12,745
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$2,076,451
Value of net assets at end of year (total assets less liabilities)2010-12-31$10,179,738
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$8,103,287
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$7,099,223
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,853,495
Interest on participant loans2010-12-31$6,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$2,587,894
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,852,690
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,852,690
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$2,804
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$705,039
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
Assets. Invements in employer securities at end of year2010-12-31$273,660
Assets. Invements in employer securities at beginning of year2010-12-31$292,768
Contributions received in cash from employer2010-12-31$382,354
Employer contributions (assets) at end of year2010-12-31$13,058
Employer contributions (assets) at beginning of year2010-12-31$10,182
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$351,006
Contract administrator fees2010-12-31$2,365
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
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 name2010-12-31CROWE HORWATH, LLP
Accountancy firm EIN2010-12-31350921680
2009 : PREMIER FINANCIAL BANCORP, INC. 401(K) 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 PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN

2022: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingYes
2022-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingNo
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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: PREMIER FINANCIAL BANCORP, INC. 401(K) 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: PREMIER FINANCIAL BANCORP, INC. 401(K) 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: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 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: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 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: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 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: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
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: PREMIER FINANCIAL BANCORP, INC. 401(K) PLAN 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

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
Insurance contract or identification number613953
Number of Individuals Covered0
Insurance policy start date2022-01-01
Insurance policy end date2022-07-06
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 number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 1

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