401k Plan data: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK plan

SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 401k Plan overview

Plan Name	SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK
Plan identification number	001

SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 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.
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

SOONER STATE BANK has sponsored the creation of one or more 401k plans.

Company Name: SOONER STATE BANK

Employer identification number (EIN): 730138590

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 TREY SWAN 2023-10-12
001 2021-01-01 GREGG VANDAVEER 2022-03-18
001 2020-01-01 GREGG VANDAVEER 2021-03-15
001 2019-01-01 GREGG VANDAVEER 2020-07-01
001 2018-01-01 GREGG VANDAVEER 2019-03-07
001 2017-01-01 GREGG VANDAVEER
001 2016-01-01 GREGG VANDAVEER
001 2015-01-01 GREGG VANDAVEER
001 2014-01-01 GREGG VANDAVEER
001 2013-01-01 GREGG VANDAVEER
001 2012-01-01 GREGG VANDAVEER
001 2011-01-01 GREGG L. VANDAVEER 2012-04-26
001 2010-01-01 GREGG L. VANDAVEER 2011-06-28

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	TREY SWAN	2023-10-12
001	2021-01-01	GREGG VANDAVEER	2022-03-18
001	2020-01-01	GREGG VANDAVEER	2021-03-15
001	2019-01-01	GREGG VANDAVEER	2020-07-01
001	2018-01-01	GREGG VANDAVEER	2019-03-07
001	2017-01-01	GREGG VANDAVEER
001	2016-01-01	GREGG VANDAVEER
001	2015-01-01	GREGG VANDAVEER
001	2014-01-01	GREGG VANDAVEER
001	2013-01-01	GREGG VANDAVEER
001	2012-01-01	GREGG VANDAVEER
001	2011-01-01	GREGG L. VANDAVEER	2012-04-26
001	2010-01-01	GREGG L. VANDAVEER	2011-06-28

Plan Statistics for SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK

401k plan membership statisitcs for SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK

Measure Date Value
2017: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2017 401k membership
Total participants, beginning-of-year 2017-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 47
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 5
Total of all active and inactive participants 2017-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 53
Number of participants with account balances 2017-01-01 43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2016 401k membership
Total participants, beginning-of-year 2016-01-01 47
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 44
Number of retired or separated participants receiving benefits 2016-01-01 1
Number of other retired or separated participants entitled to future benefits 2016-01-01 4
Total of all active and inactive participants 2016-01-01 49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 49
Number of participants with account balances 2016-01-01 39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2015 401k membership
Total participants, beginning-of-year 2015-01-01 45
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 40
Number of retired or separated participants receiving benefits 2015-01-01 1
Number of other retired or separated participants entitled to future benefits 2015-01-01 4
Total of all active and inactive participants 2015-01-01 45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 45
Number of participants with account balances 2015-01-01 35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2014 401k membership
Total participants, beginning-of-year 2014-01-01 52
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 41
Number of retired or separated participants receiving benefits 2014-01-01 1
Number of other retired or separated participants entitled to future benefits 2014-01-01 7
Total of all active and inactive participants 2014-01-01 49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 49
Number of participants with account balances 2014-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2013 401k membership
Total participants, beginning-of-year 2013-01-01 54
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 45
Number of other retired or separated participants entitled to future benefits 2013-01-01 7
Total of all active and inactive participants 2013-01-01 52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 52
Number of participants with account balances 2013-01-01 36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2012 401k membership
Total participants, beginning-of-year 2012-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 46
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 1
Total of all active and inactive participants 2012-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 47
Number of participants with account balances 2012-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1

Measure	Date	Value
2017: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2017 401k membership
Total participants, beginning-of-year	2017-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	47
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	5
Total of all active and inactive participants	2017-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	53
Number of participants with account balances	2017-01-01	43
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2016 401k membership
Total participants, beginning-of-year	2016-01-01	47
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	44
Number of retired or separated participants receiving benefits	2016-01-01	1
Number of other retired or separated participants entitled to future benefits	2016-01-01	4
Total of all active and inactive participants	2016-01-01	49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	49
Number of participants with account balances	2016-01-01	39
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2015 401k membership
Total participants, beginning-of-year	2015-01-01	45
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	40
Number of retired or separated participants receiving benefits	2015-01-01	1
Number of other retired or separated participants entitled to future benefits	2015-01-01	4
Total of all active and inactive participants	2015-01-01	45
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	45
Number of participants with account balances	2015-01-01	35
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2014 401k membership
Total participants, beginning-of-year	2014-01-01	52
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	41
Number of retired or separated participants receiving benefits	2014-01-01	1
Number of other retired or separated participants entitled to future benefits	2014-01-01	7
Total of all active and inactive participants	2014-01-01	49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	49
Number of participants with account balances	2014-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2013 401k membership
Total participants, beginning-of-year	2013-01-01	54
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	45
Number of other retired or separated participants entitled to future benefits	2013-01-01	7
Total of all active and inactive participants	2013-01-01	52
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	52
Number of participants with account balances	2013-01-01	36
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2012 401k membership
Total participants, beginning-of-year	2012-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	46
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	1
Total of all active and inactive participants	2012-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	47
Number of participants with account balances	2012-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1

Financial Data on SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK

Measure	Date	Value
2017 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2017 401k financial data
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$673,046
Expenses. Total of all expenses incurred	2017-12-31	$12,378
Benefits paid (including direct rollovers)	2017-12-31	$12,378
Total plan assets at end of year	2017-12-31	$2,936,260
Total plan assets at beginning of year	2017-12-31	$2,275,592
Value of fidelity bond covering the plan	2017-12-31	$250,000
Total contributions received or receivable from participants	2017-12-31	$174,691
Contributions received from other sources (not participants or employers)	2017-12-31	$90,397
Other income received	2017-12-31	$347,611
Net income (gross income less expenses)	2017-12-31	$660,668
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,936,260
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,275,592
Assets. Value of participant loans	2017-12-31	$28,222
Total contributions received or receivable from employer(s)	2017-12-31	$60,347
Value of certain deemed distributions of participant loans	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$0
2016 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$337,800
Expenses. Total of all expenses incurred	2016-12-31	$17,207
Benefits paid (including direct rollovers)	2016-12-31	$17,207
Total plan assets at end of year	2016-12-31	$2,275,592
Total plan assets at beginning of year	2016-12-31	$1,954,999
Value of fidelity bond covering the plan	2016-12-31	$250,000
Total contributions received or receivable from participants	2016-12-31	$162,804
Other income received	2016-12-31	$127,369
Net income (gross income less expenses)	2016-12-31	$320,593
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,275,592
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,954,999
Assets. Value of participant loans	2016-12-31	$12,164
Total contributions received or receivable from employer(s)	2016-12-31	$47,627
2015 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$152,232
Expenses. Total of all expenses incurred	2015-12-31	$62,239
Benefits paid (including direct rollovers)	2015-12-31	$62,239
Total plan assets at end of year	2015-12-31	$1,954,999
Total plan assets at beginning of year	2015-12-31	$1,865,006
Value of fidelity bond covering the plan	2015-12-31	$250,000
Total contributions received or receivable from participants	2015-12-31	$148,652
Other income received	2015-12-31	$-18,652
Net income (gross income less expenses)	2015-12-31	$89,993
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,954,999
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,865,006
Assets. Value of participant loans	2015-12-31	$15,920
Total contributions received or receivable from employer(s)	2015-12-31	$22,232
2014 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2014 401k financial data
Total income from all sources	2014-12-31	$279,591
Expenses. Total of all expenses incurred	2014-12-31	$221,660
Benefits paid (including direct rollovers)	2014-12-31	$221,660
Total plan assets at end of year	2014-12-31	$1,865,006
Total plan assets at beginning of year	2014-12-31	$1,807,075
Value of fidelity bond covering the plan	2014-12-31	$2,500,000
Total contributions received or receivable from participants	2014-12-31	$146,397
Contributions received from other sources (not participants or employers)	2014-12-31	$886
Other income received	2014-12-31	$111,776
Net income (gross income less expenses)	2014-12-31	$57,931
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,865,006
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,807,075
Total contributions received or receivable from employer(s)	2014-12-31	$20,532
2013 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$455,708
Expenses. Total of all expenses incurred	2013-12-31	$170,446
Benefits paid (including direct rollovers)	2013-12-31	$170,446
Total plan assets at end of year	2013-12-31	$1,807,075
Total plan assets at beginning of year	2013-12-31	$1,521,813
Value of fidelity bond covering the plan	2013-12-31	$2,500,000
Total contributions received or receivable from participants	2013-12-31	$131,073
Other income received	2013-12-31	$304,802
Net income (gross income less expenses)	2013-12-31	$285,262
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,807,075
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,521,813
Assets. Value of participant loans	2013-12-31	$366
Total contributions received or receivable from employer(s)	2013-12-31	$19,833
2012 : SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$312,996
Expenses. Total of all expenses incurred	2012-12-31	$87,824
Benefits paid (including direct rollovers)	2012-12-31	$87,824
Total plan assets at end of year	2012-12-31	$1,521,813
Total plan assets at beginning of year	2012-12-31	$1,296,641
Value of fidelity bond covering the plan	2012-12-31	$2,500,000
Total contributions received or receivable from participants	2012-12-31	$114,456
Contributions received from other sources (not participants or employers)	2012-12-31	$4,510
Other income received	2012-12-31	$162,649
Net income (gross income less expenses)	2012-12-31	$225,172
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,521,813
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,296,641
Assets. Value of participant loans	2012-12-31	$4,621
Total contributions received or receivable from employer(s)	2012-12-31	$31,381

Form 5500 Responses for SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK

2017: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SAVINGS INCENTIVE & PROFIT SHARING TRUST OF SOONER STATE BANK 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

71579

Policy instance

Insurance contract or identification number	71579
Number of Individuals Covered	0
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $3,627
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $3,276
Insurance broker organization code?	3
Insurance broker name	CONSOLIDATED BENEFITS RESOURCES LLC

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Company Name:	SOONER STATE BANK
Employer identification number (EIN):	730138590
NAIC Classification:	522110
NAIC Description:	Commercial Banking