401k Plan data: PREMIER AMERICAN BANK 401(K) PLAN plan

PREMIER AMERICAN BANK 401(K) PLAN 401k Plan overview

Plan Name	PREMIER AMERICAN BANK 401(K) PLAN
Plan identification number	001

PREMIER AMERICAN BANK 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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

401k Sponsoring company profile

PREMIER AMERICAN BANK has sponsored the creation of one or more 401k plans.

Company Name: PREMIER AMERICAN BANK

Employer identification number (EIN): 651111218

Additional information about PREMIER AMERICAN BANK

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2001-06-05

Company Identification Number: P01000055344

More information about PREMIER AMERICAN BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREMIER AMERICAN BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2009-01-01 NATASHA THOMPSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2009-01-01	NATASHA THOMPSON

Plan Statistics for PREMIER AMERICAN BANK 401(K) PLAN

401k plan membership statisitcs for PREMIER AMERICAN BANK 401(K) PLAN

Measure Date Value
2009: PREMIER AMERICAN BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 93
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 69
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 9
Total of all active and inactive participants 2009-01-01 78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 78
Number of participants with account balances 2009-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 10

Measure	Date	Value
2009: PREMIER AMERICAN BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	93
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	69
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	9
Total of all active and inactive participants	2009-01-01	78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	78
Number of participants with account balances	2009-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	10

Financial Data on PREMIER AMERICAN BANK 401(K) PLAN

Measure	Date	Value
2010 : PREMIER AMERICAN BANK 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$209,338
Expenses. Total of all expenses incurred	2010-12-31	$103,698
Benefits paid (including direct rollovers)	2010-12-31	$98,697
Total plan assets at end of year	2010-12-31	$824,837
Total plan assets at beginning of year	2010-12-31	$719,197
Value of fidelity bond covering the plan	2010-12-31	$6,000,000
Total contributions received or receivable from participants	2010-12-31	$130,514
Other income received	2010-12-31	$75,846
Net income (gross income less expenses)	2010-12-31	$105,640
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$824,837
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$719,197
Assets. Value of participant loans	2010-12-31	$25,616
Total contributions received or receivable from employer(s)	2010-12-31	$2,978
Value of certain deemed distributions of participant loans	2010-12-31	$4,504
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$497
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : PREMIER AMERICAN BANK 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PREMIER AMERICAN BANK 401(K) PLAN

2009: PREMIER AMERICAN BANK 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	PREMIER AMERICAN BANK
Employer identification number (EIN):	651111218

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2001-06-05
Company Identification Number:	P01000055344