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CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST 401k Plan overview

Plan NameCITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST
Plan identification number 001

CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CITIZENS BANK OF BLOUNT COUNTY has sponsored the creation of one or more 401k plans.

Company Name:CITIZENS BANK OF BLOUNT COUNTY
Employer identification number (EIN):620899854
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about CITIZENS BANK OF BLOUNT COUNTY

Jurisdiction of Incorporation: Tennessee Secretary of State Division of Business Services
Incorporation Date:
Company Identification Number: 000112668

More information about CITIZENS BANK OF BLOUNT COUNTY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SUSAN ZERAMBO2024-05-06
0012022-01-01SUSAN ZERAMBO2023-04-13
0012021-01-01SUSAN ZERAMBO2022-06-14
0012020-01-01SUSAN ZERAMBO2021-05-19
0012019-01-01SUSAN ZERAMBO2020-05-08
0012018-01-01SUSAN ZERAMBO2019-07-26
0012017-01-01SUSAN ZERAMBO2018-06-22
0012016-01-01SUSAN ZERAMBO2017-06-30
0012015-01-01SUSAN ZERAMBO2016-06-01
0012014-01-01SUSAN ZERAMBO2015-03-23
0012013-01-01SUSAN ZERAMBO2014-05-21
0012012-01-01SUSAN PHILLIPS2013-05-13
0012011-01-01SUSAN PHILLIPS2012-05-17
0012010-01-01SUSAN PHILLIPS2011-05-09

Financial Data on CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST

Measure Date Value
2025 : CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-241181942
Net assets as of the end of the plan year2025-06-249543451
Total assets as of the beginning of the plan year2025-06-249353821
Value of plan covered by a fidelity bond2025-06-24500000
Participant contributions to plan in this plan year2025-06-24348770
Other income to plan in this plan year2025-06-24850902
Plan net income in this plan year2025-06-24189630
Net assets as of the end of the plan year2025-06-249543451
Net assets as of the beginning of the plan year2025-06-249353821
Employer contributions to plan in this plan year2025-06-24171900
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-247915
2024 : CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-06196685
Net assets as of the end of the plan year2024-05-069353821
Total assets as of the beginning of the plan year2024-05-068137178
Value of plan covered by a fidelity bond2024-05-06500000
Participant contributions to plan in this plan year2024-05-06354406
Other contributions to plan in this plan year2024-05-0640001
Other income to plan in this plan year2024-05-06843503
Plan net income in this plan year2024-05-061216643
Net assets as of the end of the plan year2024-05-069353821
Net assets as of the beginning of the plan year2024-05-068137178
Employer contributions to plan in this plan year2024-05-06175418
Fees paid to broker by Benefit Provider2024-05-068189
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-062703
2022 : CITIZENS BANK OF BLOUNT COUNTY EMPLOYEES PROFIT SHARING TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-14267247
Net assets as of the end of the plan year2022-06-148532064
Total assets as of the beginning of the plan year2022-06-147673772
Value of plan covered by a fidelity bond2022-06-141000000
Participant contributions to plan in this plan year2022-06-14275460
Other contributions to plan in this plan year2022-06-141760
Other income to plan in this plan year2022-06-14706838
Plan net income in this plan year2022-06-14858292
Net assets as of the end of the plan year2022-06-148532064
Net assets as of the beginning of the plan year2022-06-147673772
Employer contributions to plan in this plan year2022-06-14141481
Fees paid to broker by Benefit Provider2022-06-1423791
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-141981

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