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FIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN 401k Plan overview

Plan NameFIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN
Plan identification number 001

FIRST COMMUNITY BANK OF CULLMAN 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:FIRST COMMUNITY BANK OF CULLMAN
Employer identification number (EIN):630107475
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about FIRST COMMUNITY BANK OF CULLMAN

Jurisdiction of Incorporation: Alabama Secretary of State
Incorporation Date: 2011-07-15
Company Identification Number: 019-845
Legal Registered Office Address: 420 2ND AVE SW CULLMAN,


United States of America (USA)
35055

More information about FIRST COMMUNITY BANK OF CULLMAN

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ALLISON MALTZ2024-10-09
0012022-01-01KELLIE JOHNSON2023-04-12
0012021-01-01KELLIE JOHNSON2022-06-29
0012020-01-01KELLIE JOHNSON2021-05-26
0012019-01-01WILLIAM R. FAULK2020-03-25
0012018-01-01WILLIAM R. FAULK2019-02-11
0012017-01-01WILLIAM R. FAULK2018-04-04
0012016-01-01WILLIAM R. FAULK2017-06-23
0012015-01-01WILLIAM R. FAULK2016-05-04
0012014-01-01WILLIAM R. FAULK2015-09-17
0012013-01-01WILLIAM R. FAULK2014-02-20
0012012-01-01WILLIAM R. FAULK2013-04-02
0012011-01-01WILLIAM R. FAULK2012-05-30
0012010-01-01WILLIAM R. FAULK2011-03-04

Financial Data on FIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN

Measure Date Value
2025 : FIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-09-230
Total liabilities as of the beginning of the plan year2025-09-230
Total expenses incurred by plan in this plan year2025-09-231593361
Net assets as of the end of the plan year2025-09-23937141
Total assets as of the beginning of the plan year2025-09-232264617
Value of plan covered by a fidelity bond2025-09-232000000
Participant contributions to plan in this plan year2025-09-2357282
Value of participant loans at end of plan year2025-09-2311595
Other expenses paid from plan in this plan year2025-09-230
Other contributions to plan in this plan year2025-09-230
Other income to plan in this plan year2025-09-23120531
Plan net income in this plan year2025-09-23-1327476
Net assets as of the end of the plan year2025-09-23937141
Net assets as of the beginning of the plan year2025-09-232264617
Employer contributions to plan in this plan year2025-09-2388072
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-2321070
2024 : FIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-10-090
Total expenses incurred by plan in this plan year2024-10-09230378
Net assets as of the end of the plan year2024-10-092264617
Total assets as of the beginning of the plan year2024-10-092229384
Value of plan covered by a fidelity bond2024-10-092000000
Participant contributions to plan in this plan year2024-10-0951986
Value of participant loans at end of plan year2024-10-0921087
Other expenses paid from plan in this plan year2024-10-0922792
Other contributions to plan in this plan year2024-10-090
Other income to plan in this plan year2024-10-09207424
Plan net income in this plan year2024-10-0935233
Net assets as of the end of the plan year2024-10-092264617
Net assets as of the beginning of the plan year2024-10-092229384
Employer contributions to plan in this plan year2024-10-096201
2022 : FIRST COMMUNITY BANK OF CULLMAN PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-290
Total liabilities as of the end of the plan year2022-06-290
Total liabilities as of the beginning of the plan year2022-06-290
Total expenses incurred by plan in this plan year2022-06-29161599
Net assets as of the end of the plan year2022-06-292518124
Total assets as of the beginning of the plan year2022-06-292306616
Value of plan covered by a fidelity bond2022-06-292000000
Participant contributions to plan in this plan year2022-06-2955285
Value of participant loans at end of plan year2022-06-297842
Other expenses paid from plan in this plan year2022-06-290
Other contributions to plan in this plan year2022-06-2925515
Other income to plan in this plan year2022-06-29248397
Plan net income in this plan year2022-06-29211508
Net assets as of the end of the plan year2022-06-292518124
Net assets as of the beginning of the plan year2022-06-292306616
Employer contributions to plan in this plan year2022-06-2943910
Fees paid to broker by Benefit Provider2022-06-291480
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-2926733

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