401k Plan data: CITIZENS BANK OF ADA PENSION PLAN plan

CITIZENS BANK OF ADA PENSION PLAN 401k Plan overview

Plan Name	CITIZENS BANK OF ADA PENSION PLAN
Plan identification number	002

CITIZENS BANK OF ADA PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: CITIZENS BANK OF ADA

Employer identification number (EIN): 730756268

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS BANK OF ADA PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-01-01 DAVID YOUNG 2021-02-01
002 2019-01-01 DAVID YOUNG 2020-06-03
002 2018-01-01 DAVID YOUNG 2019-05-14
002 2017-01-01 DAVID YOUNG 2018-03-13
002 2016-01-01 DAVID YOUNG 2017-03-21
002 2015-01-01 DAVID YOUNG 2016-01-22
002 2014-01-01 DAVID YOUNG 2015-06-15
002 2013-01-01 DAVID YOUNG 2014-04-03
002 2012-01-01 DAVID YOUNG 2013-06-17
002 2011-01-01 DAVID YOUNG 2012-02-09
002 2010-01-01 DAVID YOUNG 2011-03-09
002 2009-01-01 DAVID YOUNG

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2020-01-01	DAVID YOUNG	2021-02-01
002	2019-01-01	DAVID YOUNG	2020-06-03
002	2018-01-01	DAVID YOUNG	2019-05-14
002	2017-01-01	DAVID YOUNG	2018-03-13
002	2016-01-01	DAVID YOUNG	2017-03-21
002	2015-01-01	DAVID YOUNG	2016-01-22
002	2014-01-01	DAVID YOUNG	2015-06-15
002	2013-01-01	DAVID YOUNG	2014-04-03
002	2012-01-01	DAVID YOUNG	2013-06-17
002	2011-01-01	DAVID YOUNG	2012-02-09
002	2010-01-01	DAVID YOUNG	2011-03-09
002	2009-01-01	DAVID YOUNG

Plan Statistics for CITIZENS BANK OF ADA PENSION PLAN

401k plan membership statisitcs for CITIZENS BANK OF ADA PENSION PLAN

Measure Date Value
2020: CITIZENS BANK OF ADA PENSION PLAN 2020 401k membership
Market value of plan assets 2020-11-10 1,813,384
Acturial value of plan assets 2020-11-10 1,813,384
Funding target for retired participants and beneficiaries receiving payment 2020-11-10 77,798
Number of terminated vested participants 2020-11-10 12
Fundng target for terminated vested participants 2020-11-10 90,951
Active participant vested funding target 2020-11-10 1,527,941
Number of active participants 2020-11-10 55
Total funding liabilities for active participants 2020-11-10 1,527,941
Total participant count 2020-11-10 69
Total funding target for all participants 2020-11-10 1,696,690
Balance at beginning of prior year after applicable adjustments 2020-11-10 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-11-10 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-11-10 0
Prefunding balanced used to offset prior years funding requirement 2020-11-10 0
Amount remaining of carryover balance 2020-11-10 0
Amount remaining of prefunding balance 2020-11-10 0
Present value of excess contributions 2020-11-10 17,959
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-11-10 18,983
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-11-10 0
Reductions in caryover balances due to elections or deemed elections 2020-11-10 0
Reductions in prefunding balances due to elections or deemed elections 2020-11-10 0
Balance of carryovers at beginning of current year 2020-11-10 0
Balance of prefunding at beginning of current year 2020-11-10 0
Total employer contributions 2020-11-10 657,068
Total employee contributions 2020-11-10 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-11-10 0
Contributions made to avoid restrictions adjusted to valuation date 2020-11-10 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-11-10 642,155
Unpaid minimum required contributions for all prior years 2020-11-10 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-11-10 0
Remaining amount of unpaid minimum required contributions 2020-11-10 0
Minimum required contributions for current year target normal cost 2020-11-10 0
Net shortfall amortization installment of oustanding balance 2020-11-10 0
Waiver amortization installment 2020-11-10 0
Total funding amount beforereflecting carryover/prefunding balances 2020-11-10 0
Carryover balance elected to use to offset funding requirement 2020-11-10 0
Prefunding balance elected to use to offset funding requirement 2020-11-10 0
Additional cash requirement 2020-11-10 0
Contributions allocatedtoward minimum required contributions for current year 2020-11-10 642,155
Unpaid minimum required contributions for current year 2020-11-10 0
Unpaid minimum required contributions for all years 2020-11-10 0
2019: CITIZENS BANK OF ADA PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 1,477,285
Acturial value of plan assets 2019-12-31 1,477,285
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 78,799
Number of terminated vested participants 2019-12-31 9
Fundng target for terminated vested participants 2019-12-31 81,572
Active participant vested funding target 2019-12-31 1,314,520
Number of active participants 2019-12-31 54
Total funding liabilities for active participants 2019-12-31 1,317,436
Total participant count 2019-12-31 65
Total funding target for all participants 2019-12-31 1,477,807
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 116,838
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 123,731
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 120,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 115,722
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 97,678
Net shortfall amortization installment of oustanding balance 2019-12-31 522
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 97,763
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 97,763
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 115,722
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: CITIZENS BANK OF ADA PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,502,340
Acturial value of plan assets 2018-12-31 1,502,340
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 79,727
Number of terminated vested participants 2018-12-31 4
Fundng target for terminated vested participants 2018-12-31 47,681
Active participant vested funding target 2018-12-31 1,163,200
Number of active participants 2018-12-31 57
Total funding liabilities for active participants 2018-12-31 1,165,275
Total participant count 2018-12-31 63
Total funding target for all participants 2018-12-31 1,292,683
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 115,631
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 122,673
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 120,000
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 116,838
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 120,111
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 116,838
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: CITIZENS BANK OF ADA PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,305,904
Acturial value of plan assets 2017-12-31 1,305,904
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 77,690
Number of terminated vested participants 2017-12-31 13
Fundng target for terminated vested participants 2017-12-31 58,331
Active participant vested funding target 2017-12-31 986,959
Number of active participants 2017-12-31 58
Total funding liabilities for active participants 2017-12-31 989,565
Total participant count 2017-12-31 73
Total funding target for all participants 2017-12-31 1,125,586
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 110,454
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 117,391
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 120,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 115,631
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 86,820
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 115,631
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: CITIZENS BANK OF ADA PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,184,922
Acturial value of plan assets 2016-12-31 1,184,922
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 77,925
Number of terminated vested participants 2016-12-31 10
Fundng target for terminated vested participants 2016-12-31 31,975
Active participant vested funding target 2016-12-31 885,181
Number of active participants 2016-12-31 56
Total funding liabilities for active participants 2016-12-31 887,933
Total participant count 2016-12-31 68
Total funding target for all participants 2016-12-31 997,833
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 88,268
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 93,979
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 112,500
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 110,454
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 77,086
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 110,454
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2009: CITIZENS BANK OF ADA PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 67
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 20
Total of all active and inactive participants 2009-01-01 87
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2020: CITIZENS BANK OF ADA PENSION PLAN 2020 401k membership
Market value of plan assets	2020-11-10	1,813,384
Acturial value of plan assets	2020-11-10	1,813,384
Funding target for retired participants and beneficiaries receiving payment	2020-11-10	77,798
Number of terminated vested participants	2020-11-10	12
Fundng target for terminated vested participants	2020-11-10	90,951
Active participant vested funding target	2020-11-10	1,527,941
Number of active participants	2020-11-10	55
Total funding liabilities for active participants	2020-11-10	1,527,941
Total participant count	2020-11-10	69
Total funding target for all participants	2020-11-10	1,696,690
Balance at beginning of prior year after applicable adjustments	2020-11-10	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-11-10	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-11-10	0
Prefunding balanced used to offset prior years funding requirement	2020-11-10	0
Amount remaining of carryover balance	2020-11-10	0
Amount remaining of prefunding balance	2020-11-10	0
Present value of excess contributions	2020-11-10	17,959
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-11-10	18,983
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-11-10	0
Reductions in caryover balances due to elections or deemed elections	2020-11-10	0
Reductions in prefunding balances due to elections or deemed elections	2020-11-10	0
Balance of carryovers at beginning of current year	2020-11-10	0
Balance of prefunding at beginning of current year	2020-11-10	0
Total employer contributions	2020-11-10	657,068
Total employee contributions	2020-11-10	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-11-10	0
Contributions made to avoid restrictions adjusted to valuation date	2020-11-10	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-11-10	642,155
Unpaid minimum required contributions for all prior years	2020-11-10	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-11-10	0
Remaining amount of unpaid minimum required contributions	2020-11-10	0
Minimum required contributions for current year target normal cost	2020-11-10	0
Net shortfall amortization installment of oustanding balance	2020-11-10	0
Waiver amortization installment	2020-11-10	0
Total funding amount beforereflecting carryover/prefunding balances	2020-11-10	0
Carryover balance elected to use to offset funding requirement	2020-11-10	0
Prefunding balance elected to use to offset funding requirement	2020-11-10	0
Additional cash requirement	2020-11-10	0
Contributions allocatedtoward minimum required contributions for current year	2020-11-10	642,155
Unpaid minimum required contributions for current year	2020-11-10	0
Unpaid minimum required contributions for all years	2020-11-10	0
2019: CITIZENS BANK OF ADA PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	1,477,285
Acturial value of plan assets	2019-12-31	1,477,285
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	78,799
Number of terminated vested participants	2019-12-31	9
Fundng target for terminated vested participants	2019-12-31	81,572
Active participant vested funding target	2019-12-31	1,314,520
Number of active participants	2019-12-31	54
Total funding liabilities for active participants	2019-12-31	1,317,436
Total participant count	2019-12-31	65
Total funding target for all participants	2019-12-31	1,477,807
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	116,838
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	123,731
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	120,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	115,722
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	97,678
Net shortfall amortization installment of oustanding balance	2019-12-31	522
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	97,763
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	97,763
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	115,722
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: CITIZENS BANK OF ADA PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,502,340
Acturial value of plan assets	2018-12-31	1,502,340
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	79,727
Number of terminated vested participants	2018-12-31	4
Fundng target for terminated vested participants	2018-12-31	47,681
Active participant vested funding target	2018-12-31	1,163,200
Number of active participants	2018-12-31	57
Total funding liabilities for active participants	2018-12-31	1,165,275
Total participant count	2018-12-31	63
Total funding target for all participants	2018-12-31	1,292,683
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	115,631
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	122,673
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	120,000
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	116,838
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	120,111
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	116,838
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: CITIZENS BANK OF ADA PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,305,904
Acturial value of plan assets	2017-12-31	1,305,904
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	77,690
Number of terminated vested participants	2017-12-31	13
Fundng target for terminated vested participants	2017-12-31	58,331
Active participant vested funding target	2017-12-31	986,959
Number of active participants	2017-12-31	58
Total funding liabilities for active participants	2017-12-31	989,565
Total participant count	2017-12-31	73
Total funding target for all participants	2017-12-31	1,125,586
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	110,454
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	117,391
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	120,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	115,631
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	86,820
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	115,631
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: CITIZENS BANK OF ADA PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,184,922
Acturial value of plan assets	2016-12-31	1,184,922
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	77,925
Number of terminated vested participants	2016-12-31	10
Fundng target for terminated vested participants	2016-12-31	31,975
Active participant vested funding target	2016-12-31	885,181
Number of active participants	2016-12-31	56
Total funding liabilities for active participants	2016-12-31	887,933
Total participant count	2016-12-31	68
Total funding target for all participants	2016-12-31	997,833
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	88,268
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	93,979
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	112,500
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	110,454
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	77,086
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	110,454
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2009: CITIZENS BANK OF ADA PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	67
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	20
Total of all active and inactive participants	2009-01-01	87
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	87
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on CITIZENS BANK OF ADA PENSION PLAN

Measure	Date	Value
2009 : CITIZENS BANK OF ADA PENSION 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 CITIZENS BANK OF ADA PENSION PLAN

2009: CITIZENS BANK OF ADA PENSION 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 is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CITIZENS BANK OF ADA
Employer identification number (EIN):	730756268
NAIC Classification:	522110
NAIC Description:	Commercial Banking