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BANK OF HOLLY SPRINGS 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameBANK OF HOLLY SPRINGS 401(K) PROFIT SHARING PLAN
Plan identification number 003

BANK OF HOLLY SPRINGS 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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.

401k Sponsoring company profile

BANK OF HOLLY SPRINGS has sponsored the creation of one or more 401k plans.

Company Name:BANK OF HOLLY SPRINGS
Employer identification number (EIN):640116890
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BANK OF HOLLY SPRINGS

Jurisdiction of Incorporation: Mississippi Secretary of State
Incorporation Date:
Company Identification Number: 401427

More information about BANK OF HOLLY SPRINGS

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01GINGER OWEN2023-06-13
0032021-01-01GINGER OWEN2022-09-19
0032020-01-01GINGER OWEN2021-10-07
0032019-01-01VIRGINIA OWEN2020-09-25 VIRGINIA OWEN2020-09-25
0032018-01-01VIRGINIA OWEN2019-10-11 VIRGINIA OWEN2019-10-11
0032017-01-01VIRGINIA OWEN2018-10-01 VIRGINIA OWEN2018-10-01
0032016-01-01VIRGINIA OWEN2017-10-10 VIRGINIA OWEN2017-10-10
0032015-01-01VIRGINIA OWEN2016-10-14 VIRGINIA OWEN2016-10-14
0032014-01-01VIRGINIA OWEN2015-10-09 VIRGINIA OWEN2015-10-09
0032013-01-01VIRGINIA OWEN2014-10-06 VIRGINIA OWEN2014-10-06
0032012-01-01VIRGINIA OWEN2013-10-15 VIRGINIA OWEN2013-10-15
0032011-01-01VIRGINIA OWEN2012-10-03 VIRGINIA OWEN2012-10-03
0032010-01-01VIRGINIA OWEN2011-10-11 VIRGINIA OWEN2011-10-11

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