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THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE BANK OF JACKSON 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN Benefits

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

401k Sponsoring company profile

THE BANK OF JACKSON has sponsored the creation of one or more 401k plans.

Company Name:THE BANK OF JACKSON
Employer identification number (EIN):621682903
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about THE BANK OF JACKSON

Jurisdiction of Incorporation: Tennessee Secretary of State Division of Business Services
Incorporation Date:
Company Identification Number: 000323580

More information about THE BANK OF JACKSON

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JENNIFER NUNLEY2024-05-29
0012022-01-01JENNIFER NUNLEY2023-07-12
0012021-01-01HARBERT ALEXANDER2022-04-20
0012020-01-01HARBERT ALEXANDER2021-06-22
0012019-01-01HARBERT ALEXANDER2020-05-08
0012018-01-01HARBERT ALEXANDER2019-08-29
0012017-01-01HARBERT ALEXANDER2018-07-23
0012016-01-01HARBERT ALEXANDER2017-09-13
0012015-01-01HARBERT ALEXANDER2016-08-18
0012014-01-01HARBERT ALEXANDER2015-06-23
0012013-01-01HARBERT ALEXANDER2014-07-09
0012012-01-01HARBERT ALEXANDER2013-07-02
0012011-01-01HARBERT ALEXANDER, JR.2012-07-12
0012010-01-01HARBERT ALEXANDER, JR.2011-10-04

Financial Data on THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-06-230
Total liabilities as of the end of the plan year2025-06-230
Total liabilities as of the beginning of the plan year2025-06-230
Total expenses incurred by plan in this plan year2025-06-2387995
Net assets as of the end of the plan year2025-06-233346459
Total assets as of the beginning of the plan year2025-06-232832841
Value of plan covered by a fidelity bond2025-06-236000000
Participant contributions to plan in this plan year2025-06-2354364
Other expenses paid from plan in this plan year2025-06-234303
Other contributions to plan in this plan year2025-06-230
Other income to plan in this plan year2025-06-23495000
Plan net income in this plan year2025-06-23513618
Net assets as of the end of the plan year2025-06-233346459
Net assets as of the beginning of the plan year2025-06-232832841
Employer contributions to plan in this plan year2025-06-2352249
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-230
2024 : THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-29204457
Net assets as of the end of the plan year2024-05-292832841
Total assets as of the beginning of the plan year2024-05-292464442
Value of plan covered by a fidelity bond2024-05-296000000
Participant contributions to plan in this plan year2024-05-2960431
Other contributions to plan in this plan year2024-05-292096
Other income to plan in this plan year2024-05-29456448
Plan net income in this plan year2024-05-29368399
Net assets as of the end of the plan year2024-05-292832841
Net assets as of the beginning of the plan year2024-05-292464442
Employer contributions to plan in this plan year2024-05-2953881
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-29965
2022 : THE BANK OF JACKSON 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-04-2064014
Net assets as of the end of the plan year2022-04-202994712
Total assets as of the beginning of the plan year2022-04-202426675
Value of plan covered by a fidelity bond2022-04-206000000
Participant contributions to plan in this plan year2022-04-2085072
Other contributions to plan in this plan year2022-04-201325
Other income to plan in this plan year2022-04-20471228
Plan net income in this plan year2022-04-20568037
Net assets as of the end of the plan year2022-04-202994712
Net assets as of the beginning of the plan year2022-04-202426675
Employer contributions to plan in this plan year2022-04-2074426
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-20370

Potentially related plans

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