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FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 401k Plan overview

Plan NameFIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST
Plan identification number 001

FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

FDIC AS RECEIVER OF THE FIRST STATE BANK has sponsored the creation of one or more 401k plans.

Company Name:FDIC AS RECEIVER OF THE FIRST STATE BANK
Employer identification number (EIN):730242030
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01DEBRA FOSTER2013-03-08 DEBRA FOSTER2013-03-08
0012012-01-01DEBRA FOSTER2013-02-26 DEBRA FOSTER2013-02-26
0012011-01-01DEBRA FOSTER2012-10-05
0012010-01-01DARREN C. MONTGOMERY, CPA
0012009-01-01DARREN C. MONTGOMERY, CPA STEPHEN G. WARD2010-07-09

Plan Statistics for FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST

401k plan membership statisitcs for FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST

Measure Date Value
2011: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-014
Total number of active participants reported on line 7a of the Form 55002011-01-014
Total of all active and inactive participants2011-01-014
Total participants2011-01-014
Number of participants with account balances2011-01-014
2010: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-014
Total number of active participants reported on line 7a of the Form 55002010-01-014
Total of all active and inactive participants2010-01-014
Total participants2010-01-014
Number of participants with account balances2010-01-014
2009: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-014
Total number of active participants reported on line 7a of the Form 55002009-01-015
Total of all active and inactive participants2009-01-015
Total participants2009-01-015
Number of participants with account balances2009-01-015

Financial Data on FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST

Measure Date Value
2011 : FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$288
Expenses. Total of all expenses incurred2011-12-31$464
Total plan assets at end of year2011-12-31$27,349
Total plan assets at beginning of year2011-12-31$27,525
Value of fidelity bond covering the plan2011-12-31$2,750
Expenses. Other expenses not covered elsewhere2011-12-31$464
Other income received2011-12-31$288
Net income (gross income less expenses)2011-12-31$-176
Net plan assets at end of year (total assets less liabilities)2011-12-31$27,349
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$27,525
2010 : FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2010 401k financial data
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$35,580
Expenses. Total of all expenses incurred2010-12-31$231,388
Benefits paid (including direct rollovers)2010-12-31$230,463
Total plan assets at end of year2010-12-31$27,525
Total plan assets at beginning of year2010-12-31$223,333
Value of fidelity bond covering the plan2010-12-31$2,750
Total contributions received or receivable from participants2010-12-31$11,471
Expenses. Other expenses not covered elsewhere2010-12-31$925
Other income received2010-12-31$18,373
Net income (gross income less expenses)2010-12-31$-195,808
Net plan assets at end of year (total assets less liabilities)2010-12-31$27,525
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$223,333
Total contributions received or receivable from employer(s)2010-12-31$5,736

Form 5500 Responses for FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST

2011: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FIRST STATE BANK OF CAMARGO 401(K) PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

UNION SECURITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70408 )
Policy contract number366007294
Policy instance 1
Insurance contract or identification number366007294
Number of Individuals Covered4
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
UNION SECURITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70408 )
Policy contract number366007294
Policy instance 1
Insurance contract or identification number366007294
Number of Individuals Covered4
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $925
Commission paid to Insurance BrokerUSD $925
Additional information about fees paid to insurance brokerANNUAL FEES
Insurance broker organization code?3
Insurance broker nameEDWARD JONES

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