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BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 401k Plan overview

Plan NameBANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN
Plan identification number 002

BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN Benefits

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

401k Sponsoring company profile

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

Company Name:BANK OF COMMERCE
Employer identification number (EIN):720124890
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01BONNIE G FOREMAN2024-08-08
0022022-01-01BONNIE G FOREMAN2023-09-28
0022021-01-01JUDY G PUISSEGUR2022-07-14
0022021-01-01BONNIE G FOREMAN2023-09-28
0022020-01-01JUDY G PUISSEGUR2021-07-21
0022019-01-01JUDY G PUISSEGUR2020-07-30
0022018-01-01JUDY G PUISSEGUR2019-10-08
0022017-01-01JUDY G PUISSEGUR2018-07-16
0022016-01-01JUDY G PUISSEGUR2017-07-24
0022015-01-01JUDY G PUISSEGUR2016-07-22
0022014-01-01JUDY G PUISSEGUR2015-07-27
0022013-01-01JUDY G PUISSEGUR2014-07-22
0022012-01-01JUDY G PUISSEGUR2013-07-25
0022011-01-01JUDY G PUISSEGUR
0022010-01-01JUDY G PUISSEGUR
0022009-01-01JUDY G PUISSEGUR

Financial Data on BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN

Measure Date Value
2025 : BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-080
Total liabilities as of the end of the plan year2025-08-080
Total liabilities as of the beginning of the plan year2025-08-080
Total expenses incurred by plan in this plan year2025-08-081728715
Net assets as of the end of the plan year2025-08-0812734256
Total assets as of the beginning of the plan year2025-08-0812647454
Value of plan covered by a fidelity bond2025-08-084000000
Participant contributions to plan in this plan year2025-08-08198831
Other expenses paid from plan in this plan year2025-08-080
Other contributions to plan in this plan year2025-08-080
Other income to plan in this plan year2025-08-081496105
Plan net income in this plan year2025-08-0886802
Net assets as of the end of the plan year2025-08-0812734256
Net assets as of the beginning of the plan year2025-08-0812647454
Employer contributions to plan in this plan year2025-08-08120581
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-082566
2024 : BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-08-080
Total liabilities as of the end of the plan year2024-08-080
Total liabilities as of the beginning of the plan year2024-08-080
Total expenses incurred by plan in this plan year2024-08-08610574
Net assets as of the end of the plan year2024-08-0812647454
Total assets as of the beginning of the plan year2024-08-0811271104
Value of plan covered by a fidelity bond2024-08-084000000
Participant contributions to plan in this plan year2024-08-08224051
Other expenses paid from plan in this plan year2024-08-080
Other contributions to plan in this plan year2024-08-080
Other income to plan in this plan year2024-08-081639276
Plan net income in this plan year2024-08-081376350
Net assets as of the end of the plan year2024-08-0812647454
Net assets as of the beginning of the plan year2024-08-0811271104
Employer contributions to plan in this plan year2024-08-08123597
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-082328
2011 : BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$263,740
Expenses. Total of all expenses incurred2011-12-31$315,215
Benefits paid (including direct rollovers)2011-12-31$315,005
Total plan assets at end of year2011-12-31$5,030,561
Total plan assets at beginning of year2011-12-31$5,082,036
Value of fidelity bond covering the plan2011-12-31$3,500,000
Total contributions received or receivable from participants2011-12-31$222,080
Other income received2011-12-31$-86,900
Net income (gross income less expenses)2011-12-31$-51,475
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,030,561
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,082,036
Total contributions received or receivable from employer(s)2011-12-31$128,560
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$210
2010 : BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$862,331
Expenses. Total of all expenses incurred2010-12-31$494,975
Benefits paid (including direct rollovers)2010-12-31$494,810
Total plan assets at end of year2010-12-31$5,082,036
Total plan assets at beginning of year2010-12-31$4,714,680
Value of fidelity bond covering the plan2010-12-31$3,500,000
Total contributions received or receivable from participants2010-12-31$218,854
Other income received2010-12-31$516,688
Net income (gross income less expenses)2010-12-31$367,356
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,082,036
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,714,680
Total contributions received or receivable from employer(s)2010-12-31$126,789
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$165

Form 5500 Responses for BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN

2011: BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: BANK OF COMMERCE & TRUST COMPANY CASH OR DEFERRED PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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