GRANT COUNTY BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GRANT COUNTY BANK PENSION TRUST PLAN
Measure | Date | Value |
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2023: GRANT COUNTY BANK PENSION TRUST PLAN 2023 401k membership |
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Market value of plan assets | 2023-04-30 | 2,343,432 |
Acturial value of plan assets | 2023-04-30 | 2,343,432 |
Funding target for retired participants and beneficiaries receiving payment | 2023-04-30 | 0 |
Number of terminated vested participants | 2023-04-30 | 0 |
Fundng target for terminated vested participants | 2023-04-30 | 0 |
Active participant vested funding target | 2023-04-30 | 2,520,538 |
Number of active participants | 2023-04-30 | 8 |
Total funding liabilities for active participants | 2023-04-30 | 2,520,538 |
Total participant count | 2023-04-30 | 8 |
Total funding target for all participants | 2023-04-30 | 2,520,538 |
Balance at beginning of prior year after applicable adjustments | 2023-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-04-30 | 41,521 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-04-30 | 0 |
Amount remaining of carryover balance | 2023-04-30 | 0 |
Amount remaining of prefunding balance | 2023-04-30 | 41,521 |
Present value of excess contributions | 2023-04-30 | 1,970 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-04-30 | 2,064 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-04-30 | 0 |
Balance of carryovers at beginning of current year | 2023-04-30 | 0 |
Balance of prefunding at beginning of current year | 2023-04-30 | 41,766 |
Total employer contributions | 2023-04-30 | 24,000 |
Total employee contributions | 2023-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-04-30 | 23,045 |
Liquidity shortfalls end of Q1 | 2023-04-30 | 0 |
Liquidity shortfalls end of Q2 | 2023-04-30 | 0 |
Liquidity shortfalls end of Q3 | 2023-04-30 | 0 |
Liquidity shortfalls end of Q4 | 2023-04-30 | 0 |
Unpaid minimum required contributions for all prior years | 2023-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2023-04-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2023-04-30 | 218,872 |
Waiver amortization installment | 2023-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-04-30 | 20,226 |
Carryover balance elected to use to offset funding requirement | 2023-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-04-30 | 0 |
Additional cash requirement | 2023-04-30 | 20,226 |
Contributions allocatedtoward minimum required contributions for current year | 2023-04-30 | 23,045 |
Unpaid minimum required contributions for current year | 2023-04-30 | 0 |
Unpaid minimum required contributions for all years | 2023-04-30 | 0 |
2022: GRANT COUNTY BANK PENSION TRUST PLAN 2022 401k membership |
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Market value of plan assets | 2022-04-30 | 2,252,941 |
Acturial value of plan assets | 2022-04-30 | 2,252,941 |
Funding target for retired participants and beneficiaries receiving payment | 2022-04-30 | 0 |
Number of terminated vested participants | 2022-04-30 | 0 |
Fundng target for terminated vested participants | 2022-04-30 | 0 |
Active participant vested funding target | 2022-04-30 | 2,522,532 |
Number of active participants | 2022-04-30 | 8 |
Total funding liabilities for active participants | 2022-04-30 | 2,522,532 |
Total participant count | 2022-04-30 | 8 |
Total funding target for all participants | 2022-04-30 | 2,522,532 |
Balance at beginning of prior year after applicable adjustments | 2022-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-04-30 | 40,755 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-04-30 | 0 |
Amount remaining of carryover balance | 2022-04-30 | 0 |
Amount remaining of prefunding balance | 2022-04-30 | 40,755 |
Present value of excess contributions | 2022-04-30 | 6,616 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-04-30 | 6,960 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-04-30 | 0 |
Balance of carryovers at beginning of current year | 2022-04-30 | 0 |
Balance of prefunding at beginning of current year | 2022-04-30 | 41,521 |
Total employer contributions | 2022-04-30 | 77,000 |
Total employee contributions | 2022-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-04-30 | 75,362 |
Unpaid minimum required contributions for all prior years | 2022-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2022-04-30 | 0 |
Net shortfall amortization installment of oustanding balance | 2022-04-30 | 311,112 |
Waiver amortization installment | 2022-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-04-30 | 73,392 |
Carryover balance elected to use to offset funding requirement | 2022-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-04-30 | 0 |
Additional cash requirement | 2022-04-30 | 73,392 |
Contributions allocatedtoward minimum required contributions for current year | 2022-04-30 | 75,362 |
Unpaid minimum required contributions for current year | 2022-04-30 | 0 |
Unpaid minimum required contributions for all years | 2022-04-30 | 0 |
2021: GRANT COUNTY BANK PENSION TRUST PLAN 2021 401k membership |
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Market value of plan assets | 2021-04-30 | 2,105,666 |
Acturial value of plan assets | 2021-04-30 | 2,105,666 |
Funding target for retired participants and beneficiaries receiving payment | 2021-04-30 | 0 |
Number of terminated vested participants | 2021-04-30 | 0 |
Fundng target for terminated vested participants | 2021-04-30 | 0 |
Active participant vested funding target | 2021-04-30 | 2,344,602 |
Number of active participants | 2021-04-30 | 8 |
Total funding liabilities for active participants | 2021-04-30 | 2,344,602 |
Total participant count | 2021-04-30 | 8 |
Total funding target for all participants | 2021-04-30 | 2,344,602 |
Balance at beginning of prior year after applicable adjustments | 2021-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-04-30 | 39,999 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-04-30 | 0 |
Amount remaining of carryover balance | 2021-04-30 | 0 |
Amount remaining of prefunding balance | 2021-04-30 | 39,999 |
Present value of excess contributions | 2021-04-30 | 22,885 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-04-30 | 24,112 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-04-30 | 0 |
Balance of carryovers at beginning of current year | 2021-04-30 | 0 |
Balance of prefunding at beginning of current year | 2021-04-30 | 40,755 |
Total employer contributions | 2021-04-30 | 108,000 |
Total employee contributions | 2021-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-04-30 | 105,073 |
Unpaid minimum required contributions for all prior years | 2021-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2021-04-30 | 41,491 |
Net shortfall amortization installment of oustanding balance | 2021-04-30 | 279,691 |
Waiver amortization installment | 2021-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-04-30 | 98,457 |
Carryover balance elected to use to offset funding requirement | 2021-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-04-30 | 0 |
Additional cash requirement | 2021-04-30 | 98,457 |
Contributions allocatedtoward minimum required contributions for current year | 2021-04-30 | 105,073 |
Unpaid minimum required contributions for current year | 2021-04-30 | 0 |
Unpaid minimum required contributions for all years | 2021-04-30 | 0 |
2020: GRANT COUNTY BANK PENSION TRUST PLAN 2020 401k membership |
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Market value of plan assets | 2020-04-30 | 1,971,419 |
Acturial value of plan assets | 2020-04-30 | 1,971,419 |
Funding target for retired participants and beneficiaries receiving payment | 2020-04-30 | 0 |
Number of terminated vested participants | 2020-04-30 | 0 |
Fundng target for terminated vested participants | 2020-04-30 | 0 |
Active participant vested funding target | 2020-04-30 | 2,160,278 |
Number of active participants | 2020-04-30 | 8 |
Total funding liabilities for active participants | 2020-04-30 | 2,160,278 |
Total participant count | 2020-04-30 | 8 |
Total funding target for all participants | 2020-04-30 | 2,160,278 |
Balance at beginning of prior year after applicable adjustments | 2020-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-04-30 | 39,568 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-04-30 | 0 |
Amount remaining of carryover balance | 2020-04-30 | 0 |
Amount remaining of prefunding balance | 2020-04-30 | 39,568 |
Present value of excess contributions | 2020-04-30 | 12,815 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-04-30 | 13,528 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-04-30 | 0 |
Balance of carryovers at beginning of current year | 2020-04-30 | 0 |
Balance of prefunding at beginning of current year | 2020-04-30 | 39,999 |
Total employer contributions | 2020-04-30 | 96,000 |
Total employee contributions | 2020-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-04-30 | 93,276 |
Liquidity shortfalls end of Q1 | 2020-04-30 | 0 |
Liquidity shortfalls end of Q2 | 2020-04-30 | 0 |
Liquidity shortfalls end of Q3 | 2020-04-30 | 0 |
Liquidity shortfalls end of Q4 | 2020-04-30 | 0 |
Unpaid minimum required contributions for all prior years | 2020-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2020-04-30 | 31,919 |
Net shortfall amortization installment of oustanding balance | 2020-04-30 | 228,858 |
Waiver amortization installment | 2020-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-04-30 | 70,391 |
Carryover balance elected to use to offset funding requirement | 2020-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-04-30 | 0 |
Additional cash requirement | 2020-04-30 | 70,391 |
Contributions allocatedtoward minimum required contributions for current year | 2020-04-30 | 93,276 |
Unpaid minimum required contributions for current year | 2020-04-30 | 0 |
Unpaid minimum required contributions for all years | 2020-04-30 | 0 |
2019: GRANT COUNTY BANK PENSION TRUST PLAN 2019 401k membership |
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Market value of plan assets | 2019-04-30 | 1,854,710 |
Acturial value of plan assets | 2019-04-30 | 1,854,710 |
Funding target for retired participants and beneficiaries receiving payment | 2019-04-30 | 0 |
Number of terminated vested participants | 2019-04-30 | 0 |
Fundng target for terminated vested participants | 2019-04-30 | 0 |
Active participant vested funding target | 2019-04-30 | 2,010,144 |
Number of active participants | 2019-04-30 | 8 |
Total funding liabilities for active participants | 2019-04-30 | 2,010,144 |
Total participant count | 2019-04-30 | 8 |
Total funding target for all participants | 2019-04-30 | 2,010,144 |
Balance at beginning of prior year after applicable adjustments | 2019-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-04-30 | 39,060 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-04-30 | 0 |
Amount remaining of carryover balance | 2019-04-30 | 0 |
Amount remaining of prefunding balance | 2019-04-30 | 39,060 |
Present value of excess contributions | 2019-04-30 | 34,391 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-04-30 | 36,372 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-04-30 | 0 |
Balance of carryovers at beginning of current year | 2019-04-30 | 0 |
Balance of prefunding at beginning of current year | 2019-04-30 | 39,568 |
Total employer contributions | 2019-04-30 | 96,000 |
Total employee contributions | 2019-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-04-30 | 93,258 |
Unpaid minimum required contributions for all prior years | 2019-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2019-04-30 | 30,552 |
Net shortfall amortization installment of oustanding balance | 2019-04-30 | 195,002 |
Waiver amortization installment | 2019-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-04-30 | 80,443 |
Carryover balance elected to use to offset funding requirement | 2019-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-04-30 | 0 |
Additional cash requirement | 2019-04-30 | 80,443 |
Contributions allocatedtoward minimum required contributions for current year | 2019-04-30 | 93,258 |
Unpaid minimum required contributions for current year | 2019-04-30 | 0 |
Unpaid minimum required contributions for all years | 2019-04-30 | 0 |
2018: GRANT COUNTY BANK PENSION TRUST PLAN 2018 401k membership |
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Market value of plan assets | 2018-04-30 | 1,735,504 |
Acturial value of plan assets | 2018-04-30 | 1,735,504 |
Funding target for retired participants and beneficiaries receiving payment | 2018-04-30 | 0 |
Number of terminated vested participants | 2018-04-30 | 0 |
Fundng target for terminated vested participants | 2018-04-30 | 0 |
Active participant vested funding target | 2018-04-30 | 1,783,220 |
Number of active participants | 2018-04-30 | 8 |
Total funding liabilities for active participants | 2018-04-30 | 1,783,220 |
Total participant count | 2018-04-30 | 8 |
Total funding target for all participants | 2018-04-30 | 1,783,220 |
Balance at beginning of prior year after applicable adjustments | 2018-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-04-30 | 38,616 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-04-30 | 0 |
Amount remaining of carryover balance | 2018-04-30 | 0 |
Amount remaining of prefunding balance | 2018-04-30 | 38,616 |
Present value of excess contributions | 2018-04-30 | 47,387 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-04-30 | 50,221 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-04-30 | 0 |
Balance of carryovers at beginning of current year | 2018-04-30 | 0 |
Balance of prefunding at beginning of current year | 2018-04-30 | 39,060 |
Total employer contributions | 2018-04-30 | 96,000 |
Total employee contributions | 2018-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-04-30 | 92,376 |
Unpaid minimum required contributions for all prior years | 2018-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2018-04-30 | 29,879 |
Net shortfall amortization installment of oustanding balance | 2018-04-30 | 86,776 |
Waiver amortization installment | 2018-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-04-30 | 57,985 |
Carryover balance elected to use to offset funding requirement | 2018-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-04-30 | 0 |
Additional cash requirement | 2018-04-30 | 57,985 |
Contributions allocatedtoward minimum required contributions for current year | 2018-04-30 | 92,376 |
Unpaid minimum required contributions for current year | 2018-04-30 | 0 |
Unpaid minimum required contributions for all years | 2018-04-30 | 0 |
2017: GRANT COUNTY BANK PENSION TRUST PLAN 2017 401k membership |
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Market value of plan assets | 2017-04-30 | 1,616,358 |
Acturial value of plan assets | 2017-04-30 | 1,616,358 |
Funding target for retired participants and beneficiaries receiving payment | 2017-04-30 | 0 |
Number of terminated vested participants | 2017-04-30 | 0 |
Fundng target for terminated vested participants | 2017-04-30 | 0 |
Active participant vested funding target | 2017-04-30 | 1,644,372 |
Number of active participants | 2017-04-30 | 8 |
Total funding liabilities for active participants | 2017-04-30 | 1,644,372 |
Total participant count | 2017-04-30 | 8 |
Total funding target for all participants | 2017-04-30 | 1,644,372 |
Balance at beginning of prior year after applicable adjustments | 2017-04-30 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-04-30 | 39,073 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-04-30 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-04-30 | 941 |
Amount remaining of carryover balance | 2017-04-30 | 0 |
Amount remaining of prefunding balance | 2017-04-30 | 38,132 |
Present value of excess contributions | 2017-04-30 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-04-30 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-04-30 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-04-30 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-04-30 | 0 |
Balance of carryovers at beginning of current year | 2017-04-30 | 0 |
Balance of prefunding at beginning of current year | 2017-04-30 | 38,616 |
Total employer contributions | 2017-04-30 | 100,000 |
Total employee contributions | 2017-04-30 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-04-30 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-04-30 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-04-30 | 96,393 |
Unpaid minimum required contributions for all prior years | 2017-04-30 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-04-30 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-04-30 | 0 |
Minimum required contributions for current year target normal cost | 2017-04-30 | 27,353 |
Net shortfall amortization installment of oustanding balance | 2017-04-30 | 66,630 |
Waiver amortization installment | 2017-04-30 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-04-30 | 49,006 |
Carryover balance elected to use to offset funding requirement | 2017-04-30 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-04-30 | 0 |
Additional cash requirement | 2017-04-30 | 49,006 |
Contributions allocatedtoward minimum required contributions for current year | 2017-04-30 | 96,393 |
Unpaid minimum required contributions for current year | 2017-04-30 | 0 |
Unpaid minimum required contributions for all years | 2017-04-30 | 0 |