MERCHANTS & MARINE BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MERCHANTS & MARINE BANK PENSION PLAN
| Measure | Date | Value |
|---|
| 2022: MERCHANTS & MARINE BANK PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-10-31 | 19,825,120 |
| Acturial value of plan assets | 2022-10-31 | 17,842,608 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-10-31 | 8,741,894 |
| Number of terminated vested participants | 2022-10-31 | 57 |
| Fundng target for terminated vested participants | 2022-10-31 | 1,617,628 |
| Active participant vested funding target | 2022-10-31 | 3,941,246 |
| Number of active participants | 2022-10-31 | 25 |
| Total funding liabilities for active participants | 2022-10-31 | 3,941,428 |
| Total participant count | 2022-10-31 | 192 |
| Total funding target for all participants | 2022-10-31 | 14,300,950 |
| Balance at beginning of prior year after applicable adjustments | 2022-10-31 | 371 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-10-31 | 0 |
| Amount remaining of carryover balance | 2022-10-31 | 371 |
| Amount remaining of prefunding balance | 2022-10-31 | 0 |
| Present value of excess contributions | 2022-10-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-10-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-10-31 | 473 |
| Balance of prefunding at beginning of current year | 2022-10-31 | 0 |
| Total employer contributions | 2022-10-31 | 0 |
| Total employee contributions | 2022-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-10-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-10-31 | 163,790 |
| Net shortfall amortization installment of oustanding balance | 2022-10-31 | 0 |
| Waiver amortization installment | 2022-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2022-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-10-31 | 0 |
| Additional cash requirement | 2022-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-10-31 | 0 |
| Unpaid minimum required contributions for current year | 2022-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-10-31 | 0 |
| 2021: MERCHANTS & MARINE BANK PENSION PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-11-01 | 192 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-11-01 | 20 |
| Number of retired or separated participants receiving benefits | 2021-11-01 | 105 |
| Number of other retired or separated participants entitled to future benefits | 2021-11-01 | 55 |
| Total of all active and inactive participants | 2021-11-01 | 180 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-11-01 | 10 |
| Total participants | 2021-11-01 | 190 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-11-01 | 0 |
| Market value of plan assets | 2021-10-31 | 16,628,980 |
| Acturial value of plan assets | 2021-10-31 | 16,078,772 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-10-31 | 8,586,204 |
| Number of terminated vested participants | 2021-10-31 | 49 |
| Fundng target for terminated vested participants | 2021-10-31 | 1,453,081 |
| Active participant vested funding target | 2021-10-31 | 4,344,701 |
| Number of active participants | 2021-10-31 | 42 |
| Total funding liabilities for active participants | 2021-10-31 | 4,345,275 |
| Total participant count | 2021-10-31 | 194 |
| Total funding target for all participants | 2021-10-31 | 14,384,560 |
| Balance at beginning of prior year after applicable adjustments | 2021-10-31 | 341 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-10-31 | 0 |
| Amount remaining of carryover balance | 2021-10-31 | 341 |
| Amount remaining of prefunding balance | 2021-10-31 | 0 |
| Present value of excess contributions | 2021-10-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-10-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-10-31 | 371 |
| Balance of prefunding at beginning of current year | 2021-10-31 | 0 |
| Total employer contributions | 2021-10-31 | 0 |
| Total employee contributions | 2021-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-10-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-10-31 | 83,810 |
| Net shortfall amortization installment of oustanding balance | 2021-10-31 | 0 |
| Waiver amortization installment | 2021-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-10-31 | 0 |
| Additional cash requirement | 2021-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-10-31 | 0 |
| Unpaid minimum required contributions for current year | 2021-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-10-31 | 0 |
| 2020: MERCHANTS & MARINE BANK PENSION PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-11-01 | 194 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-11-01 | 29 |
| Number of retired or separated participants receiving benefits | 2020-11-01 | 102 |
| Number of other retired or separated participants entitled to future benefits | 2020-11-01 | 57 |
| Total of all active and inactive participants | 2020-11-01 | 188 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-11-01 | 8 |
| Total participants | 2020-11-01 | 196 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-11-01 | 0 |
| Market value of plan assets | 2020-10-31 | 16,329,551 |
| Acturial value of plan assets | 2020-10-31 | 16,047,290 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-10-31 | 8,413,561 |
| Number of terminated vested participants | 2020-10-31 | 49 |
| Fundng target for terminated vested participants | 2020-10-31 | 1,414,259 |
| Active participant vested funding target | 2020-10-31 | 4,624,264 |
| Number of active participants | 2020-10-31 | 48 |
| Total funding liabilities for active participants | 2020-10-31 | 4,624,264 |
| Total participant count | 2020-10-31 | 196 |
| Total funding target for all participants | 2020-10-31 | 14,452,084 |
| Balance at beginning of prior year after applicable adjustments | 2020-10-31 | 306 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-10-31 | 0 |
| Amount remaining of carryover balance | 2020-10-31 | 306 |
| Amount remaining of prefunding balance | 2020-10-31 | 0 |
| Present value of excess contributions | 2020-10-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-10-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-10-31 | 341 |
| Balance of prefunding at beginning of current year | 2020-10-31 | 0 |
| Total employer contributions | 2020-10-31 | 0 |
| Total employee contributions | 2020-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-10-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-10-31 | 74,485 |
| Net shortfall amortization installment of oustanding balance | 2020-10-31 | 0 |
| Waiver amortization installment | 2020-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2020-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-10-31 | 0 |
| Additional cash requirement | 2020-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-10-31 | 0 |
| Unpaid minimum required contributions for current year | 2020-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-10-31 | 0 |
| 2019: MERCHANTS & MARINE BANK PENSION PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-11-01 | 196 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-11-01 | 42 |
| Number of retired or separated participants receiving benefits | 2019-11-01 | 96 |
| Number of other retired or separated participants entitled to future benefits | 2019-11-01 | 49 |
| Total of all active and inactive participants | 2019-11-01 | 187 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-11-01 | 7 |
| Total participants | 2019-11-01 | 194 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-11-01 | 0 |
| Market value of plan assets | 2019-10-31 | 15,625,198 |
| Acturial value of plan assets | 2019-10-31 | 15,683,206 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-10-31 | 8,383,079 |
| Number of terminated vested participants | 2019-10-31 | 44 |
| Fundng target for terminated vested participants | 2019-10-31 | 1,289,793 |
| Active participant vested funding target | 2019-10-31 | 4,513,958 |
| Number of active participants | 2019-10-31 | 59 |
| Total funding liabilities for active participants | 2019-10-31 | 4,513,958 |
| Total participant count | 2019-10-31 | 199 |
| Total funding target for all participants | 2019-10-31 | 14,186,830 |
| Balance at beginning of prior year after applicable adjustments | 2019-10-31 | 301 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-10-31 | 0 |
| Amount remaining of carryover balance | 2019-10-31 | 301 |
| Amount remaining of prefunding balance | 2019-10-31 | 0 |
| Present value of excess contributions | 2019-10-31 | 240,397 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-10-31 | 254,316 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2019-10-31 | 306 |
| Balance of prefunding at beginning of current year | 2019-10-31 | 0 |
| Total employer contributions | 2019-10-31 | 0 |
| Total employee contributions | 2019-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-10-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-10-31 | 43,073 |
| Net shortfall amortization installment of oustanding balance | 2019-10-31 | 0 |
| Waiver amortization installment | 2019-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-10-31 | 0 |
| Additional cash requirement | 2019-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-10-31 | 0 |
| Unpaid minimum required contributions for current year | 2019-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-10-31 | 0 |
| 2018: MERCHANTS & MARINE BANK PENSION PLAN 2018 401k membership |
|---|
| Total participants, beginning-of-year | 2018-11-01 | 199 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-11-01 | 48 |
| Number of retired or separated participants receiving benefits | 2018-11-01 | 99 |
| Number of other retired or separated participants entitled to future benefits | 2018-11-01 | 49 |
| Total of all active and inactive participants | 2018-11-01 | 196 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-11-01 | 0 |
| Total participants | 2018-11-01 | 196 |
| Market value of plan assets | 2018-10-31 | 16,075,322 |
| Acturial value of plan assets | 2018-10-31 | 15,359,976 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-10-31 | 8,142,547 |
| Number of terminated vested participants | 2018-10-31 | 44 |
| Fundng target for terminated vested participants | 2018-10-31 | 1,146,400 |
| Active participant vested funding target | 2018-10-31 | 4,050,544 |
| Number of active participants | 2018-10-31 | 60 |
| Total funding liabilities for active participants | 2018-10-31 | 4,050,544 |
| Total participant count | 2018-10-31 | 201 |
| Total funding target for all participants | 2018-10-31 | 13,339,491 |
| Balance at beginning of prior year after applicable adjustments | 2018-10-31 | 259 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-10-31 | 0 |
| Amount remaining of carryover balance | 2018-10-31 | 259 |
| Amount remaining of prefunding balance | 2018-10-31 | 0 |
| Present value of excess contributions | 2018-10-31 | 453,067 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-10-31 | 480,206 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-10-31 | 301 |
| Balance of prefunding at beginning of current year | 2018-10-31 | 0 |
| Total employer contributions | 2018-10-31 | 250,000 |
| Total employee contributions | 2018-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-10-31 | 240,397 |
| Unpaid minimum required contributions for all prior years | 2018-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-10-31 | 59,270 |
| Net shortfall amortization installment of oustanding balance | 2018-10-31 | 0 |
| Waiver amortization installment | 2018-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-10-31 | 0 |
| Additional cash requirement | 2018-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-10-31 | 240,397 |
| Unpaid minimum required contributions for current year | 2018-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-10-31 | 0 |
| 2017: MERCHANTS & MARINE BANK PENSION PLAN 2017 401k membership |
|---|
| Total participants, beginning-of-year | 2017-11-01 | 201 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-11-01 | 59 |
| Number of retired or separated participants receiving benefits | 2017-11-01 | 96 |
| Number of other retired or separated participants entitled to future benefits | 2017-11-01 | 44 |
| Total of all active and inactive participants | 2017-11-01 | 199 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-11-01 | 0 |
| Total participants | 2017-11-01 | 199 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-11-01 | 0 |
| Market value of plan assets | 2017-10-31 | 14,473,167 |
| Acturial value of plan assets | 2017-10-31 | 15,004,309 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-10-31 | 7,632,470 |
| Number of terminated vested participants | 2017-10-31 | 41 |
| Fundng target for terminated vested participants | 2017-10-31 | 965,539 |
| Active participant vested funding target | 2017-10-31 | 4,506,357 |
| Number of active participants | 2017-10-31 | 70 |
| Total funding liabilities for active participants | 2017-10-31 | 4,506,357 |
| Total participant count | 2017-10-31 | 200 |
| Total funding target for all participants | 2017-10-31 | 13,104,366 |
| Balance at beginning of prior year after applicable adjustments | 2017-10-31 | 250 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-10-31 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-10-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-10-31 | 0 |
| Amount remaining of carryover balance | 2017-10-31 | 250 |
| Amount remaining of prefunding balance | 2017-10-31 | 0 |
| Present value of excess contributions | 2017-10-31 | 1,373,743 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-10-31 | 1,458,915 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-10-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-10-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-10-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-10-31 | 259 |
| Balance of prefunding at beginning of current year | 2017-10-31 | 0 |
| Total employer contributions | 2017-10-31 | 500,000 |
| Total employee contributions | 2017-10-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-10-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-10-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-10-31 | 453,067 |
| Unpaid minimum required contributions for all prior years | 2017-10-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-10-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-10-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-10-31 | 93,443 |
| Net shortfall amortization installment of oustanding balance | 2017-10-31 | 0 |
| Waiver amortization installment | 2017-10-31 | 0 |
| Waived amount of outstanding balance | 2017-10-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-10-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2017-10-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-10-31 | 0 |
| Additional cash requirement | 2017-10-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-10-31 | 453,067 |
| Unpaid minimum required contributions for current year | 2017-10-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-10-31 | 0 |
| 2016: MERCHANTS & MARINE BANK PENSION PLAN 2016 401k membership |
|---|
| Total participants, beginning-of-year | 2016-11-01 | 207 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-11-01 | 60 |
| Number of retired or separated participants receiving benefits | 2016-11-01 | 97 |
| Number of other retired or separated participants entitled to future benefits | 2016-11-01 | 44 |
| Total of all active and inactive participants | 2016-11-01 | 201 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-11-01 | 0 |
| Total participants | 2016-11-01 | 201 |
| 2015: MERCHANTS & MARINE BANK PENSION PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-11-01 | 209 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-11-01 | 77 |
| Number of retired or separated participants receiving benefits | 2015-11-01 | 87 |
| Number of other retired or separated participants entitled to future benefits | 2015-11-01 | 41 |
| Total of all active and inactive participants | 2015-11-01 | 205 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-11-01 | 2 |
| Total participants | 2015-11-01 | 207 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-11-01 | 0 |
| 2014: MERCHANTS & MARINE BANK PENSION PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-11-01 | 210 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-11-01 | 84 |
| Number of retired or separated participants receiving benefits | 2014-11-01 | 81 |
| Number of other retired or separated participants entitled to future benefits | 2014-11-01 | 44 |
| Total of all active and inactive participants | 2014-11-01 | 209 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-11-01 | 0 |
| Total participants | 2014-11-01 | 209 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-11-01 | 1 |
| 2013: MERCHANTS & MARINE BANK PENSION PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-11-01 | 214 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-11-01 | 98 |
| Number of retired or separated participants receiving benefits | 2013-11-01 | 75 |
| Number of other retired or separated participants entitled to future benefits | 2013-11-01 | 37 |
| Total of all active and inactive participants | 2013-11-01 | 210 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-11-01 | 0 |
| Total participants | 2013-11-01 | 210 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-11-01 | 2 |
| 2012: MERCHANTS & MARINE BANK PENSION PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-11-01 | 218 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-11-01 | 102 |
| Number of retired or separated participants receiving benefits | 2012-11-01 | 65 |
| Number of other retired or separated participants entitled to future benefits | 2012-11-01 | 43 |
| Total of all active and inactive participants | 2012-11-01 | 210 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-11-01 | 3 |
| Total participants | 2012-11-01 | 213 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-11-01 | 2 |
| 2011: MERCHANTS & MARINE BANK PENSION PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-11-01 | 209 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-11-01 | 105 |
| Number of retired or separated participants receiving benefits | 2011-11-01 | 58 |
| Number of other retired or separated participants entitled to future benefits | 2011-11-01 | 43 |
| Total of all active and inactive participants | 2011-11-01 | 206 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-11-01 | 2 |
| Total participants | 2011-11-01 | 208 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-11-01 | 0 |
| 2010: MERCHANTS & MARINE BANK PENSION PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-11-01 | 210 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-11-01 | 110 |
| Number of retired or separated participants receiving benefits | 2010-11-01 | 55 |
| Number of other retired or separated participants entitled to future benefits | 2010-11-01 | 40 |
| Total of all active and inactive participants | 2010-11-01 | 205 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-11-01 | 2 |
| Total participants | 2010-11-01 | 207 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-11-01 | 6 |
| 2009: MERCHANTS & MARINE BANK PENSION PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-11-01 | 213 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-11-01 | 112 |
| Number of retired or separated participants receiving benefits | 2009-11-01 | 49 |
| Number of other retired or separated participants entitled to future benefits | 2009-11-01 | 44 |
| Total of all active and inactive participants | 2009-11-01 | 205 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-11-01 | 2 |
| Total participants | 2009-11-01 | 207 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-11-01 | 8 |
| Measure | Date | Value |
|---|
| 2022 : MERCHANTS & MARINE BANK PENSION PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-10-31 | $0 |
| Total income from all sources (including contributions) | 2022-10-31 | $-5,461,027 |
| Total loss/gain on sale of assets | 2022-10-31 | $-159,739 |
| Total of all expenses incurred | 2022-10-31 | $1,102,419 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-10-31 | $995,985 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-10-31 | $0 |
| Value of total assets at end of year | 2022-10-31 | $13,261,674 |
| Value of total assets at beginning of year | 2022-10-31 | $19,825,120 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-10-31 | $106,434 |
| Total interest from all sources | 2022-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-10-31 | $677,872 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-10-31 | $677,872 |
| Was this plan covered by a fidelity bond | 2022-10-31 | Yes |
| Value of fidelity bond cover | 2022-10-31 | $7,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-10-31 | No |
| Administrative expenses (other) incurred | 2022-10-31 | $16,513 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-31 | No |
| Value of net income/loss | 2022-10-31 | $-6,563,446 |
| Value of net assets at end of year (total assets less liabilities) | 2022-10-31 | $13,261,674 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-10-31 | $19,825,120 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-10-31 | No |
| Investment advisory and management fees | 2022-10-31 | $61,302 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-10-31 | $6,230,476 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-10-31 | $7,386,737 |
| Value of interest in common/collective trusts at end of year | 2022-10-31 | $379,542 |
| Value of interest in common/collective trusts at beginning of year | 2022-10-31 | $399,732 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-10-31 | $112,309 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-10-31 | $4,414,421 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-10-31 | $4,414,421 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-10-31 | $-5,971,023 |
| Net investment gain or loss from common/collective trusts | 2022-10-31 | $-8,137 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-10-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-10-31 | $995,985 |
| Contract administrator fees | 2022-10-31 | $28,619 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-10-31 | $6,539,347 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-10-31 | $7,624,230 |
| Did the plan have assets held for investment | 2022-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-10-31 | No |
| Aggregate proceeds on sale of assets | 2022-10-31 | $439,924 |
| Aggregate carrying amount (costs) on sale of assets | 2022-10-31 | $599,663 |
| Opinion of an independent qualified public accountant for this plan | 2022-10-31 | Unqualified |
| Accountancy firm name | 2022-10-31 | FORVIS, LLP |
| Accountancy firm EIN | 2022-10-31 | 440160260 |
| 2021 : MERCHANTS & MARINE BANK PENSION PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-10-31 | $0 |
| Total income from all sources (including contributions) | 2021-10-31 | $4,440,861 |
| Total loss/gain on sale of assets | 2021-10-31 | $2,924,599 |
| Total of all expenses incurred | 2021-10-31 | $1,244,721 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-10-31 | $1,013,887 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-10-31 | $0 |
| Value of total assets at end of year | 2021-10-31 | $19,825,120 |
| Value of total assets at beginning of year | 2021-10-31 | $16,628,980 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-10-31 | $230,834 |
| Total interest from all sources | 2021-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-10-31 | $588,722 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-10-31 | $588,722 |
| Was this plan covered by a fidelity bond | 2021-10-31 | Yes |
| Value of fidelity bond cover | 2021-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-10-31 | No |
| Administrative expenses (other) incurred | 2021-10-31 | $124,936 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-10-31 | No |
| Value of net income/loss | 2021-10-31 | $3,196,140 |
| Value of net assets at end of year (total assets less liabilities) | 2021-10-31 | $19,825,120 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-10-31 | $16,628,980 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-10-31 | No |
| Investment advisory and management fees | 2021-10-31 | $67,045 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-10-31 | $7,386,737 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-10-31 | $15,524,072 |
| Value of interest in common/collective trusts at end of year | 2021-10-31 | $399,732 |
| Value of interest in common/collective trusts at beginning of year | 2021-10-31 | $1,028,621 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-10-31 | $4,414,421 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-10-31 | $76,287 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-10-31 | $76,287 |
| Net investment gain or loss from common/collective trusts | 2021-10-31 | $927,540 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-10-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-10-31 | $1,013,887 |
| Contract administrator fees | 2021-10-31 | $38,853 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-10-31 | $7,624,230 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-10-31 | $0 |
| Did the plan have assets held for investment | 2021-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-10-31 | No |
| Aggregate proceeds on sale of assets | 2021-10-31 | $19,812,838 |
| Aggregate carrying amount (costs) on sale of assets | 2021-10-31 | $16,888,239 |
| Opinion of an independent qualified public accountant for this plan | 2021-10-31 | Disclaimer |
| Accountancy firm name | 2021-10-31 | BKD, LLP |
| Accountancy firm EIN | 2021-10-31 | 440160260 |
| 2020 : MERCHANTS & MARINE BANK PENSION PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-10-31 | $0 |
| Total income from all sources (including contributions) | 2020-10-31 | $1,400,390 |
| Total loss/gain on sale of assets | 2020-10-31 | $20,576 |
| Total of all expenses incurred | 2020-10-31 | $1,100,961 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-10-31 | $958,304 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-10-31 | $0 |
| Value of total assets at end of year | 2020-10-31 | $16,628,980 |
| Value of total assets at beginning of year | 2020-10-31 | $16,329,551 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-10-31 | $142,657 |
| Total interest from all sources | 2020-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-10-31 | $578,797 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-10-31 | $578,797 |
| Was this plan covered by a fidelity bond | 2020-10-31 | Yes |
| Value of fidelity bond cover | 2020-10-31 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-10-31 | No |
| Administrative expenses (other) incurred | 2020-10-31 | $82,631 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-10-31 | No |
| Value of net income/loss | 2020-10-31 | $299,429 |
| Value of net assets at end of year (total assets less liabilities) | 2020-10-31 | $16,628,980 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-10-31 | $16,329,551 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-10-31 | No |
| Investment advisory and management fees | 2020-10-31 | $58,847 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-10-31 | $15,524,072 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-10-31 | $15,048,368 |
| Value of interest in common/collective trusts at end of year | 2020-10-31 | $1,028,621 |
| Value of interest in common/collective trusts at beginning of year | 2020-10-31 | $1,204,299 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-10-31 | $76,287 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-10-31 | $76,884 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-10-31 | $76,884 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-10-31 | $941,901 |
| Net investment gain or loss from common/collective trusts | 2020-10-31 | $-140,884 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2020-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-10-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-10-31 | $958,304 |
| Contract administrator fees | 2020-10-31 | $1,179 |
| Did the plan have assets held for investment | 2020-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-10-31 | No |
| Aggregate proceeds on sale of assets | 2020-10-31 | $1,389,373 |
| Aggregate carrying amount (costs) on sale of assets | 2020-10-31 | $1,368,797 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-10-31 | Disclaimer |
| Accountancy firm name | 2020-10-31 | BKD, LLP |
| Accountancy firm EIN | 2020-10-31 | 440160260 |
| 2019 : MERCHANTS & MARINE BANK PENSION PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-10-31 | $0 |
| Total income from all sources (including contributions) | 2019-10-31 | $1,740,128 |
| Total loss/gain on sale of assets | 2019-10-31 | $17,668 |
| Total of all expenses incurred | 2019-10-31 | $1,035,775 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-10-31 | $903,464 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-10-31 | $0 |
| Value of total assets at end of year | 2019-10-31 | $16,329,551 |
| Value of total assets at beginning of year | 2019-10-31 | $15,625,198 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-10-31 | $132,311 |
| Total interest from all sources | 2019-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-10-31 | $682,381 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-10-31 | $682,381 |
| Was this plan covered by a fidelity bond | 2019-10-31 | Yes |
| Value of fidelity bond cover | 2019-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-10-31 | No |
| Administrative expenses (other) incurred | 2019-10-31 | $23,352 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-10-31 | No |
| Value of net income/loss | 2019-10-31 | $704,353 |
| Value of net assets at end of year (total assets less liabilities) | 2019-10-31 | $16,329,551 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-10-31 | $15,625,198 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-10-31 | No |
| Investment advisory and management fees | 2019-10-31 | $57,826 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-10-31 | $15,048,368 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-10-31 | $14,504,967 |
| Value of interest in common/collective trusts at end of year | 2019-10-31 | $1,204,299 |
| Value of interest in common/collective trusts at beginning of year | 2019-10-31 | $1,109,312 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-10-31 | $76,884 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-10-31 | $10,919 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-10-31 | $10,919 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-10-31 | $929,266 |
| Net investment gain or loss from common/collective trusts | 2019-10-31 | $110,813 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-10-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-10-31 | $903,464 |
| Contract administrator fees | 2019-10-31 | $51,133 |
| Did the plan have assets held for investment | 2019-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-10-31 | No |
| Aggregate proceeds on sale of assets | 2019-10-31 | $2,623,001 |
| Aggregate carrying amount (costs) on sale of assets | 2019-10-31 | $2,605,333 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-10-31 | Disclaimer |
| Accountancy firm name | 2019-10-31 | BKD, LLP |
| Accountancy firm EIN | 2019-10-31 | 440160260 |
| 2018 : MERCHANTS & MARINE BANK PENSION PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-10-31 | $0 |
| Total income from all sources (including contributions) | 2018-10-31 | $519,820 |
| Total loss/gain on sale of assets | 2018-10-31 | $4,193 |
| Total of all expenses incurred | 2018-10-31 | $989,781 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-10-31 | $888,734 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-10-31 | $250,000 |
| Value of total assets at end of year | 2018-10-31 | $15,625,198 |
| Value of total assets at beginning of year | 2018-10-31 | $16,095,159 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-10-31 | $101,047 |
| Total interest from all sources | 2018-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-10-31 | $592,120 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-10-31 | $592,120 |
| Was this plan covered by a fidelity bond | 2018-10-31 | Yes |
| Value of fidelity bond cover | 2018-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-10-31 | No |
| Administrative expenses (other) incurred | 2018-10-31 | $13,869 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-10-31 | No |
| Value of net income/loss | 2018-10-31 | $-469,961 |
| Value of net assets at end of year (total assets less liabilities) | 2018-10-31 | $15,625,198 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-10-31 | $16,095,159 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-10-31 | No |
| Investment advisory and management fees | 2018-10-31 | $57,974 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-10-31 | $14,504,967 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-10-31 | $14,398,044 |
| Value of interest in common/collective trusts at end of year | 2018-10-31 | $1,109,312 |
| Value of interest in common/collective trusts at beginning of year | 2018-10-31 | $1,123,524 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-10-31 | $10,919 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-10-31 | $73,591 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-10-31 | $73,591 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-10-31 | $-323,908 |
| Net investment gain or loss from common/collective trusts | 2018-10-31 | $-2,585 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2018-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-10-31 | No |
| Contributions received in cash from employer | 2018-10-31 | $250,000 |
| Employer contributions (assets) at end of year | 2018-10-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-10-31 | $500,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-10-31 | $888,734 |
| Contract administrator fees | 2018-10-31 | $29,204 |
| Did the plan have assets held for investment | 2018-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-10-31 | No |
| Aggregate proceeds on sale of assets | 2018-10-31 | $817,332 |
| Aggregate carrying amount (costs) on sale of assets | 2018-10-31 | $813,139 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-10-31 | Disclaimer |
| Accountancy firm name | 2018-10-31 | BKD, LLP |
| Accountancy firm EIN | 2018-10-31 | 440160260 |
| 2017 : MERCHANTS & MARINE BANK PENSION PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-10-31 | $0 |
| Total income from all sources (including contributions) | 2017-10-31 | $2,668,915 |
| Total loss/gain on sale of assets | 2017-10-31 | $0 |
| Total of all expenses incurred | 2017-10-31 | $1,087,884 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-10-31 | $975,885 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-10-31 | $500,000 |
| Value of total assets at end of year | 2017-10-31 | $16,095,159 |
| Value of total assets at beginning of year | 2017-10-31 | $14,514,128 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-10-31 | $111,999 |
| Total interest from all sources | 2017-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-10-31 | $571,474 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-10-31 | $571,474 |
| Was this plan covered by a fidelity bond | 2017-10-31 | Yes |
| Value of fidelity bond cover | 2017-10-31 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-10-31 | No |
| Administrative expenses (other) incurred | 2017-10-31 | $59,270 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-10-31 | No |
| Value of net income/loss | 2017-10-31 | $1,581,031 |
| Value of net assets at end of year (total assets less liabilities) | 2017-10-31 | $16,095,159 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-10-31 | $14,514,128 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-10-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-10-31 | $14,398,044 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-10-31 | $12,127,434 |
| Value of interest in common/collective trusts at end of year | 2017-10-31 | $1,123,524 |
| Value of interest in common/collective trusts at beginning of year | 2017-10-31 | $770,074 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-10-31 | $73,591 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-10-31 | $116,620 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-10-31 | $116,620 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-10-31 | $1,413,217 |
| Net investment gain or loss from common/collective trusts | 2017-10-31 | $184,224 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2017-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-10-31 | No |
| Contributions received in cash from employer | 2017-10-31 | $500,000 |
| Employer contributions (assets) at end of year | 2017-10-31 | $500,000 |
| Employer contributions (assets) at beginning of year | 2017-10-31 | $1,500,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-10-31 | $975,885 |
| Contract administrator fees | 2017-10-31 | $52,729 |
| Did the plan have assets held for investment | 2017-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-10-31 | Disclaimer |
| Accountancy firm name | 2017-10-31 | BKD, LLP |
| Accountancy firm EIN | 2017-10-31 | 440160260 |
| 2016 : MERCHANTS & MARINE BANK PENSION PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-10-31 | $0 |
| Total income from all sources (including contributions) | 2016-10-31 | $1,959,762 |
| Total loss/gain on sale of assets | 2016-10-31 | $0 |
| Total of all expenses incurred | 2016-10-31 | $1,286,749 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-10-31 | $1,145,160 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-10-31 | $1,500,000 |
| Value of total assets at end of year | 2016-10-31 | $14,514,128 |
| Value of total assets at beginning of year | 2016-10-31 | $13,841,115 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-10-31 | $141,589 |
| Total interest from all sources | 2016-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-10-31 | $421,246 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-10-31 | $421,246 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2016-10-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2016-10-31 | $0 |
| Was this plan covered by a fidelity bond | 2016-10-31 | Yes |
| Value of fidelity bond cover | 2016-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-10-31 | No |
| Other income not declared elsewhere | 2016-10-31 | $475 |
| Administrative expenses (other) incurred | 2016-10-31 | $64,944 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-10-31 | No |
| Value of net income/loss | 2016-10-31 | $673,013 |
| Value of net assets at end of year (total assets less liabilities) | 2016-10-31 | $14,514,128 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-10-31 | $13,841,115 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-10-31 | No |
| Investment advisory and management fees | 2016-10-31 | $48,146 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-10-31 | $12,127,434 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-10-31 | $11,542,639 |
| Value of interest in common/collective trusts at end of year | 2016-10-31 | $770,074 |
| Value of interest in common/collective trusts at beginning of year | 2016-10-31 | $664,047 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-10-31 | $116,620 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-10-31 | $121,407 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-10-31 | $121,407 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-10-31 | $-48,332 |
| Net investment gain or loss from common/collective trusts | 2016-10-31 | $86,373 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-10-31 | No |
| Contributions received in cash from employer | 2016-10-31 | $1,500,000 |
| Employer contributions (assets) at end of year | 2016-10-31 | $1,500,000 |
| Employer contributions (assets) at beginning of year | 2016-10-31 | $1,513,022 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-10-31 | $1,145,160 |
| Contract administrator fees | 2016-10-31 | $28,499 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-10-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-10-31 | $0 |
| Did the plan have assets held for investment | 2016-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-10-31 | Disclaimer |
| Accountancy firm name | 2016-10-31 | BKD, LLP |
| Accountancy firm EIN | 2016-10-31 | 440160260 |
| 2015 : MERCHANTS & MARINE BANK PENSION PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-10-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-10-31 | $0 |
| Total income from all sources (including contributions) | 2015-10-31 | $1,791,139 |
| Total loss/gain on sale of assets | 2015-10-31 | $0 |
| Total of all expenses incurred | 2015-10-31 | $1,077,758 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-10-31 | $967,627 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-10-31 | $1,601,314 |
| Value of total assets at end of year | 2015-10-31 | $13,841,115 |
| Value of total assets at beginning of year | 2015-10-31 | $13,127,734 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-10-31 | $110,131 |
| Total interest from all sources | 2015-10-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-10-31 | $434,872 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-10-31 | $434,872 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2015-10-31 | $0 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2015-10-31 | $114,450 |
| Was this plan covered by a fidelity bond | 2015-10-31 | Yes |
| Value of fidelity bond cover | 2015-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-10-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-10-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-10-31 | $20,953 |
| Administrative expenses (other) incurred | 2015-10-31 | $50,148 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-10-31 | No |
| Value of net income/loss | 2015-10-31 | $713,381 |
| Value of net assets at end of year (total assets less liabilities) | 2015-10-31 | $13,841,115 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-10-31 | $13,127,734 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-10-31 | No |
| Investment advisory and management fees | 2015-10-31 | $59,253 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-10-31 | $11,542,639 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-10-31 | $2,856,202 |
| Value of interest in common/collective trusts at end of year | 2015-10-31 | $664,047 |
| Value of interest in common/collective trusts at beginning of year | 2015-10-31 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-10-31 | $121,407 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-10-31 | $626,451 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-10-31 | $626,451 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-10-31 | $-188,605 |
| Net investment gain or loss from common/collective trusts | 2015-10-31 | $-56,442 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-10-31 | No |
| Contributions received in cash from employer | 2015-10-31 | $1,601,314 |
| Employer contributions (assets) at end of year | 2015-10-31 | $1,513,022 |
| Employer contributions (assets) at beginning of year | 2015-10-31 | $45,950 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-10-31 | $967,627 |
| Contract administrator fees | 2015-10-31 | $730 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-10-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-10-31 | $9,463,728 |
| Did the plan have assets held for investment | 2015-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-10-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-10-31 | Disclaimer |
| Accountancy firm name | 2015-10-31 | BKD, LLP |
| Accountancy firm EIN | 2015-10-31 | 440160260 |
| 2014 : MERCHANTS & MARINE BANK PENSION PLAN 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-10-31 | $777,410 |
| Total unrealized appreciation/depreciation of assets | 2014-10-31 | $777,410 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-10-31 | $0 |
| Total income from all sources (including contributions) | 2014-10-31 | $1,420,122 |
| Total loss/gain on sale of assets | 2014-10-31 | $-103,259 |
| Total of all expenses incurred | 2014-10-31 | $803,044 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-10-31 | $642,682 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-10-31 | $183,800 |
| Value of total assets at end of year | 2014-10-31 | $13,127,734 |
| Value of total assets at beginning of year | 2014-10-31 | $12,510,656 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-10-31 | $160,362 |
| Total interest from all sources | 2014-10-31 | $1,496 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-10-31 | $530,188 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-10-31 | $296,733 |
| Administrative expenses professional fees incurred | 2014-10-31 | $45,274 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2014-10-31 | $114,450 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2014-10-31 | $107,750 |
| Was this plan covered by a fidelity bond | 2014-10-31 | Yes |
| Value of fidelity bond cover | 2014-10-31 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-10-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-10-31 | $20,953 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-10-31 | $18,947 |
| Administrative expenses (other) incurred | 2014-10-31 | $36,135 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-10-31 | No |
| Value of net income/loss | 2014-10-31 | $617,078 |
| Value of net assets at end of year (total assets less liabilities) | 2014-10-31 | $13,127,734 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-10-31 | $12,510,656 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-10-31 | No |
| Investment advisory and management fees | 2014-10-31 | $63,003 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-10-31 | $2,856,202 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-10-31 | $6,187,317 |
| Value of interest in common/collective trusts at end of year | 2014-10-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2014-10-31 | $755 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-10-31 | $626,451 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-10-31 | $871,979 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-10-31 | $871,979 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-10-31 | $1,496 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-10-31 | $30,487 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2014-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-10-31 | No |
| Contributions received in cash from employer | 2014-10-31 | $183,800 |
| Employer contributions (assets) at end of year | 2014-10-31 | $45,950 |
| Employer contributions (assets) at beginning of year | 2014-10-31 | $0 |
| Income. Dividends from common stock | 2014-10-31 | $233,455 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-10-31 | $642,682 |
| Contract administrator fees | 2014-10-31 | $15,950 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-10-31 | $9,463,728 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-10-31 | $5,323,908 |
| Did the plan have assets held for investment | 2014-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-10-31 | No |
| Aggregate proceeds on sale of assets | 2014-10-31 | $15,823,584 |
| Aggregate carrying amount (costs) on sale of assets | 2014-10-31 | $15,926,843 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-10-31 | Disclaimer |
| Accountancy firm name | 2014-10-31 | BKD, LLP |
| Accountancy firm EIN | 2014-10-31 | 440160260 |
| 2013 : MERCHANTS & MARINE BANK PENSION PLAN 2013 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2013-10-31 | $841,724 |
| Total unrealized appreciation/depreciation of assets | 2013-10-31 | $841,724 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-10-31 | $0 |
| Total income from all sources (including contributions) | 2013-10-31 | $2,159,607 |
| Total loss/gain on sale of assets | 2013-10-31 | $15,332 |
| Total of all expenses incurred | 2013-10-31 | $754,448 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-10-31 | $605,169 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-10-31 | $163,820 |
| Value of total assets at end of year | 2013-10-31 | $12,510,656 |
| Value of total assets at beginning of year | 2013-10-31 | $11,105,497 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-10-31 | $149,279 |
| Total interest from all sources | 2013-10-31 | $1,347 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-10-31 | $358,732 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-10-31 | $200,276 |
| Administrative expenses professional fees incurred | 2013-10-31 | $24,315 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2013-10-31 | $107,750 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2013-10-31 | $111,473 |
| Was this plan covered by a fidelity bond | 2013-10-31 | Yes |
| Value of fidelity bond cover | 2013-10-31 | $4,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-10-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-10-31 | $18,947 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-10-31 | $13,864 |
| Administrative expenses (other) incurred | 2013-10-31 | $89,280 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-10-31 | No |
| Value of net income/loss | 2013-10-31 | $1,405,159 |
| Value of net assets at end of year (total assets less liabilities) | 2013-10-31 | $12,510,656 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-10-31 | $11,105,497 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-10-31 | No |
| Investment advisory and management fees | 2013-10-31 | $35,684 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-10-31 | $6,187,317 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-10-31 | $5,854,824 |
| Income. Interest from corporate debt instruments | 2013-10-31 | $779 |
| Value of interest in common/collective trusts at end of year | 2013-10-31 | $755 |
| Value of interest in common/collective trusts at beginning of year | 2013-10-31 | $756,126 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-10-31 | $871,979 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-10-31 | $215,827 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-10-31 | $215,827 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-10-31 | $568 |
| Asset value of US Government securities at beginning of year | 2013-10-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-10-31 | $774,548 |
| Net investment gain or loss from common/collective trusts | 2013-10-31 | $4,104 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2013-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-10-31 | No |
| Contributions received in cash from employer | 2013-10-31 | $163,820 |
| Income. Dividends from preferred stock | 2013-10-31 | $7,250 |
| Income. Dividends from common stock | 2013-10-31 | $151,206 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-10-31 | $605,169 |
| Asset. Corporate debt instrument debt (other) at end of year | 2013-10-31 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2013-10-31 | $49,669 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-10-31 | $5,323,908 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-10-31 | $4,103,714 |
| Did the plan have assets held for investment | 2013-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-10-31 | No |
| Aggregate proceeds on sale of assets | 2013-10-31 | $2,460,000 |
| Aggregate carrying amount (costs) on sale of assets | 2013-10-31 | $2,444,668 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-10-31 | Disclaimer |
| Accountancy firm name | 2013-10-31 | BKD, LLP |
| Accountancy firm EIN | 2013-10-31 | 440160260 |
| 2012 : MERCHANTS & MARINE BANK PENSION PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-10-31 | $407,072 |
| Total unrealized appreciation/depreciation of assets | 2012-10-31 | $407,072 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-10-31 | $0 |
| Total income from all sources (including contributions) | 2012-10-31 | $1,927,296 |
| Total loss/gain on sale of assets | 2012-10-31 | $12,262 |
| Total of all expenses incurred | 2012-10-31 | $621,549 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-10-31 | $494,188 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-10-31 | $841,820 |
| Value of total assets at end of year | 2012-10-31 | $11,105,497 |
| Value of total assets at beginning of year | 2012-10-31 | $9,799,750 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-10-31 | $127,361 |
| Total interest from all sources | 2012-10-31 | $10,708 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-10-31 | $316,762 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-10-31 | $178,139 |
| Administrative expenses professional fees incurred | 2012-10-31 | $21,240 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2012-10-31 | $111,473 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2012-10-31 | $85,600 |
| Was this plan covered by a fidelity bond | 2012-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-10-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-10-31 | $13,864 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-10-31 | $50,387 |
| Administrative expenses (other) incurred | 2012-10-31 | $73,194 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-31 | No |
| Value of net income/loss | 2012-10-31 | $1,305,747 |
| Value of net assets at end of year (total assets less liabilities) | 2012-10-31 | $11,105,497 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-10-31 | $9,799,750 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-10-31 | Yes |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-10-31 | No |
| Investment advisory and management fees | 2012-10-31 | $32,927 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-10-31 | $5,854,824 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-10-31 | $4,642,469 |
| Income. Interest from US Government securities | 2012-10-31 | $7,879 |
| Income. Interest from corporate debt instruments | 2012-10-31 | $2,750 |
| Value of interest in common/collective trusts at end of year | 2012-10-31 | $756,126 |
| Value of interest in common/collective trusts at beginning of year | 2012-10-31 | $744,976 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-10-31 | $215,827 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-10-31 | $515,953 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-10-31 | $515,953 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-10-31 | $79 |
| Asset value of US Government securities at end of year | 2012-10-31 | $0 |
| Asset value of US Government securities at beginning of year | 2012-10-31 | $35,250 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-10-31 | $327,764 |
| Net investment gain or loss from common/collective trusts | 2012-10-31 | $10,908 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2012-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-10-31 | No |
| Contributions received in cash from employer | 2012-10-31 | $841,820 |
| Income. Dividends from preferred stock | 2012-10-31 | $7,250 |
| Income. Dividends from common stock | 2012-10-31 | $131,373 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-10-31 | $494,188 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-10-31 | $49,669 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2012-10-31 | $49,769 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-10-31 | $4,103,714 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-10-31 | $3,675,346 |
| Did the plan have assets held for investment | 2012-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-10-31 | No |
| Aggregate proceeds on sale of assets | 2012-10-31 | $1,904,518 |
| Aggregate carrying amount (costs) on sale of assets | 2012-10-31 | $1,892,256 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-10-31 | Disclaimer |
| Accountancy firm name | 2012-10-31 | BKD, LLP |
| Accountancy firm EIN | 2012-10-31 | 440160260 |
| 2011 : MERCHANTS & MARINE BANK PENSION PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-10-31 | $253,164 |
| Total unrealized appreciation/depreciation of assets | 2011-10-31 | $253,164 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-10-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-10-31 | $0 |
| Total income from all sources (including contributions) | 2011-10-31 | $1,263,216 |
| Total loss/gain on sale of assets | 2011-10-31 | $15,842 |
| Total of all expenses incurred | 2011-10-31 | $593,575 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-10-31 | $481,631 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-10-31 | $581,363 |
| Value of total assets at end of year | 2011-10-31 | $9,799,750 |
| Value of total assets at beginning of year | 2011-10-31 | $9,130,109 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-10-31 | $111,944 |
| Total interest from all sources | 2011-10-31 | $11,069 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-10-31 | $269,815 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-10-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-10-31 | $145,660 |
| Administrative expenses professional fees incurred | 2011-10-31 | $19,275 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2011-10-31 | $85,600 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2011-10-31 | $243,800 |
| Was this plan covered by a fidelity bond | 2011-10-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-10-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-10-31 | No |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-10-31 | $393,632 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-10-31 | $50,387 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-10-31 | $59,829 |
| Administrative expenses (other) incurred | 2011-10-31 | $61,710 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-10-31 | No |
| Value of net income/loss | 2011-10-31 | $669,641 |
| Value of net assets at end of year (total assets less liabilities) | 2011-10-31 | $9,799,750 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-10-31 | $9,130,109 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-10-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-10-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-10-31 | No |
| Investment advisory and management fees | 2011-10-31 | $30,959 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-10-31 | $4,642,469 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-10-31 | $4,424,649 |
| Income. Interest from US Government securities | 2011-10-31 | $7,998 |
| Income. Interest from corporate debt instruments | 2011-10-31 | $3,000 |
| Value of interest in common/collective trusts at end of year | 2011-10-31 | $744,976 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-10-31 | $515,953 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-10-31 | $227,344 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-10-31 | $227,344 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-10-31 | $71 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-10-31 | $253,625 |
| Asset value of US Government securities at end of year | 2011-10-31 | $35,250 |
| Asset value of US Government securities at beginning of year | 2011-10-31 | $35,250 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-10-31 | $117,568 |
| Net investment gain or loss from common/collective trusts | 2011-10-31 | $14,395 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-10-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-10-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-10-31 | No |
| Contributions received in cash from employer | 2011-10-31 | $581,363 |
| Income. Dividends from preferred stock | 2011-10-31 | $11,313 |
| Income. Dividends from common stock | 2011-10-31 | $112,842 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-10-31 | $481,631 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-10-31 | $49,769 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-10-31 | $82,285 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2011-10-31 | $3,675,346 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-10-31 | $3,409,695 |
| Did the plan have assets held for investment | 2011-10-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-10-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-10-31 | No |
| Aggregate proceeds on sale of assets | 2011-10-31 | $1,138,204 |
| Aggregate carrying amount (costs) on sale of assets | 2011-10-31 | $1,122,362 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-10-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-10-31 | Disclaimer |
| Accountancy firm name | 2011-10-31 | WOLFE, MCDUFF & COMPANY |
| Accountancy firm EIN | 2011-10-31 | 640981412 |
| 2010 : MERCHANTS & MARINE BANK PENSION PLAN 2010 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-10-31 | $0 |
