401k Plan data: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN plan

THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 401k Plan overview

Plan Name	THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN
Plan identification number	001

THE SECURITY STATE BANK OF PECOS RETIREMENT 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).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TRANSPECOS BANKS has sponsored the creation of one or more 401k plans.

Company Name: TRANSPECOS BANKS

Employer identification number (EIN): 740891010

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01 GEORGE A. MUSSELMAN, II 2021-08-27
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2017-01-01
001 2017-01-01
001 2016-01-01
001 2016-01-01 FELICIA PIERCE 2017-08-07
001 2015-01-01
001 2015-01-01 FELICIA PIERCE 2016-10-13
001 2014-01-01
001 2014-01-01 FELICIA PIERCE 2015-07-22
001 2013-01-01
001 2012-01-01 GEORGE A. MUSSELMAN, II 2013-12-11 GEORGE A. MUSSELMAN, II 2013-12-11
001 2011-01-01 GEORGE A. MUSSELMAN II 2012-10-12
001 2010-01-01 GEORGE A. MUSSELMAN II 2011-10-13 J. DEAN HOBBS 2011-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01	GEORGE A. MUSSELMAN, II	2021-08-27
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2017-01-01
001	2017-01-01
001	2016-01-01
001	2016-01-01	FELICIA PIERCE	2017-08-07
001	2015-01-01
001	2015-01-01	FELICIA PIERCE	2016-10-13
001	2014-01-01
001	2014-01-01	FELICIA PIERCE	2015-07-22
001	2013-01-01
001	2012-01-01	GEORGE A. MUSSELMAN, II	2013-12-11	GEORGE A. MUSSELMAN, II	2013-12-11
001	2011-01-01	GEORGE A. MUSSELMAN II	2012-10-12
001	2010-01-01	GEORGE A. MUSSELMAN II	2011-10-13	J. DEAN HOBBS	2011-10-14

Plan Statistics for THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN

401k plan membership statisitcs for THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN

Measure Date Value
2022: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2022 401k membership
Market value of plan assets 2022-12-31 519,608
Acturial value of plan assets 2022-12-31 547,443
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 662,865
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 12,115
Number of active participants 2022-12-31 1
Total funding liabilities for active participants 2022-12-31 12,115
Total participant count 2022-12-31 7
Total funding target for all participants 2022-12-31 674,980
Balance at beginning of prior year after applicable adjustments 2022-12-31 10,727
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 10,727
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 8,700
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 7,430
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 540
Unpaid minimum required contributions for all prior years 2022-12-31 7,430
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 7,430
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 127,537
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 13,130
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 13,130
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 540
Unpaid minimum required contributions for current year 2022-12-31 12,590
Unpaid minimum required contributions for all years 2022-12-31 12,590
2021: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2021 401k membership
Market value of plan assets 2021-12-31 663,126
Acturial value of plan assets 2021-12-31 684,832
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 851,779
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 11,868
Number of active participants 2021-12-31 1
Total funding liabilities for active participants 2021-12-31 11,868
Total participant count 2021-12-31 9
Total funding target for all participants 2021-12-31 863,647
Balance at beginning of prior year after applicable adjustments 2021-12-31 10,494
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 10,494
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 4,412
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 4,412
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 10,727
Balance of prefunding at beginning of current year 2021-12-31 0
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 0
Net shortfall amortization installment of oustanding balance 2021-12-31 189,542
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 18,157
Carryover balance elected to use to offset funding requirement 2021-12-31 10,727
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 7,430
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 7,430
Unpaid minimum required contributions for all years 2021-12-31 7,430
2020: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2020 401k membership
Market value of plan assets 2020-12-31 836,830
Acturial value of plan assets 2020-12-31 838,459
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 932,319
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 10,530
Number of active participants 2020-12-31 1
Total funding liabilities for active participants 2020-12-31 10,530
Total participant count 2020-12-31 10
Total funding target for all participants 2020-12-31 942,849
Balance at beginning of prior year after applicable adjustments 2020-12-31 9,420
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 9,420
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 86
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 86
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 10,494
Balance of prefunding at beginning of current year 2020-12-31 0
Total employer contributions 2020-12-31 16,800
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 15,198
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 0
Net shortfall amortization installment of oustanding balance 2020-12-31 114,884
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 10,786
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 10,786
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 15,198
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2019 401k membership
Market value of plan assets 2019-12-31 921,700
Acturial value of plan assets 2019-12-31 976,296
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 1,023,923
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 10,180
Number of active participants 2019-12-31 1
Total funding liabilities for active participants 2019-12-31 10,180
Total participant count 2019-12-31 11
Total funding target for all participants 2019-12-31 1,034,103
Balance at beginning of prior year after applicable adjustments 2019-12-31 9,614
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 9,614
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
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 9,420
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 14,350
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 12,782
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 0
Net shortfall amortization installment of oustanding balance 2019-12-31 67,227
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 12,696
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 12,696
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 12,782
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2018 401k membership
Market value of plan assets 2018-12-31 1,149,155
Acturial value of plan assets 2018-12-31 1,121,051
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 1,185,873
Number of terminated vested participants 2018-12-31 1
Fundng target for terminated vested participants 2018-12-31 6,244
Active participant vested funding target 2018-12-31 10,653
Number of active participants 2018-12-31 1
Total funding liabilities for active participants 2018-12-31 10,653
Total participant count 2018-12-31 13
Total funding target for all participants 2018-12-31 1,202,770
Balance at beginning of prior year after applicable adjustments 2018-12-31 8,761
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 8,761
Amount remaining of prefunding balance 2018-12-31 0
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
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 9,614
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 15,851
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 14,910
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 0
Net shortfall amortization installment of oustanding balance 2018-12-31 91,333
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 14,910
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 14,910
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 14,910
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,270,312
Acturial value of plan assets 2017-12-31 1,297,062
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 1,169,238
Number of terminated vested participants 2017-12-31 1
Fundng target for terminated vested participants 2017-12-31 4,407
Active participant vested funding target 2017-12-31 8,387
Number of active participants 2017-12-31 1
Total funding liabilities for active participants 2017-12-31 8,387
Total participant count 2017-12-31 14
Total funding target for all participants 2017-12-31 1,182,032
Balance at beginning of prior year after applicable adjustments 2017-12-31 8,761
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 8,761
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 78,270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 82,567
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 8,761
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
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 0
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 0
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
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,354,853
Acturial value of plan assets 2016-12-31 1,396,797
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 1,204,094
Number of terminated vested participants 2016-12-31 1
Fundng target for terminated vested participants 2016-12-31 1,196
Active participant vested funding target 2016-12-31 8,005
Number of active participants 2016-12-31 1
Total funding liabilities for active participants 2016-12-31 8,005
Total participant count 2016-12-31 15
Total funding target for all participants 2016-12-31 1,213,295
Balance at beginning of prior year after applicable adjustments 2016-12-31 8,932
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 8,932
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 582,649
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 616,035
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 8,761
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 80,008
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 78,273
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 0
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 78,273
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2022 401k membership
Market value of plan assets	2022-12-31	519,608
Acturial value of plan assets	2022-12-31	547,443
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	662,865
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	12,115
Number of active participants	2022-12-31	1
Total funding liabilities for active participants	2022-12-31	12,115
Total participant count	2022-12-31	7
Total funding target for all participants	2022-12-31	674,980
Balance at beginning of prior year after applicable adjustments	2022-12-31	10,727
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	10,727
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	8,700
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	7,430
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	540
Unpaid minimum required contributions for all prior years	2022-12-31	7,430
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	7,430
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	127,537
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	13,130
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	13,130
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	540
Unpaid minimum required contributions for current year	2022-12-31	12,590
Unpaid minimum required contributions for all years	2022-12-31	12,590
2021: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2021 401k membership
Market value of plan assets	2021-12-31	663,126
Acturial value of plan assets	2021-12-31	684,832
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	851,779
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	11,868
Number of active participants	2021-12-31	1
Total funding liabilities for active participants	2021-12-31	11,868
Total participant count	2021-12-31	9
Total funding target for all participants	2021-12-31	863,647
Balance at beginning of prior year after applicable adjustments	2021-12-31	10,494
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	10,494
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	4,412
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	4,412
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	10,727
Balance of prefunding at beginning of current year	2021-12-31	0
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	0
Net shortfall amortization installment of oustanding balance	2021-12-31	189,542
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	18,157
Carryover balance elected to use to offset funding requirement	2021-12-31	10,727
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	7,430
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	7,430
Unpaid minimum required contributions for all years	2021-12-31	7,430
2020: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2020 401k membership
Market value of plan assets	2020-12-31	836,830
Acturial value of plan assets	2020-12-31	838,459
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	932,319
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	10,530
Number of active participants	2020-12-31	1
Total funding liabilities for active participants	2020-12-31	10,530
Total participant count	2020-12-31	10
Total funding target for all participants	2020-12-31	942,849
Balance at beginning of prior year after applicable adjustments	2020-12-31	9,420
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	9,420
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	86
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	86
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	10,494
Balance of prefunding at beginning of current year	2020-12-31	0
Total employer contributions	2020-12-31	16,800
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	15,198
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	0
Net shortfall amortization installment of oustanding balance	2020-12-31	114,884
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	10,786
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	10,786
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	15,198
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2019 401k membership
Market value of plan assets	2019-12-31	921,700
Acturial value of plan assets	2019-12-31	976,296
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	1,023,923
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	10,180
Number of active participants	2019-12-31	1
Total funding liabilities for active participants	2019-12-31	10,180
Total participant count	2019-12-31	11
Total funding target for all participants	2019-12-31	1,034,103
Balance at beginning of prior year after applicable adjustments	2019-12-31	9,614
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	9,614
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
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	9,420
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	14,350
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	12,782
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	0
Net shortfall amortization installment of oustanding balance	2019-12-31	67,227
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	12,696
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	12,696
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	12,782
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2018 401k membership
Market value of plan assets	2018-12-31	1,149,155
Acturial value of plan assets	2018-12-31	1,121,051
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	1,185,873
Number of terminated vested participants	2018-12-31	1
Fundng target for terminated vested participants	2018-12-31	6,244
Active participant vested funding target	2018-12-31	10,653
Number of active participants	2018-12-31	1
Total funding liabilities for active participants	2018-12-31	10,653
Total participant count	2018-12-31	13
Total funding target for all participants	2018-12-31	1,202,770
Balance at beginning of prior year after applicable adjustments	2018-12-31	8,761
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	8,761
Amount remaining of prefunding balance	2018-12-31	0
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
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	9,614
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	15,851
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	14,910
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	0
Net shortfall amortization installment of oustanding balance	2018-12-31	91,333
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	14,910
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	14,910
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	14,910
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,270,312
Acturial value of plan assets	2017-12-31	1,297,062
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	1,169,238
Number of terminated vested participants	2017-12-31	1
Fundng target for terminated vested participants	2017-12-31	4,407
Active participant vested funding target	2017-12-31	8,387
Number of active participants	2017-12-31	1
Total funding liabilities for active participants	2017-12-31	8,387
Total participant count	2017-12-31	14
Total funding target for all participants	2017-12-31	1,182,032
Balance at beginning of prior year after applicable adjustments	2017-12-31	8,761
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	8,761
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	78,270
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	82,567
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	8,761
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
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	0
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	0
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
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: THE SECURITY STATE BANK OF PECOS RETIREMENT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,354,853
Acturial value of plan assets	2016-12-31	1,396,797
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	1,204,094
Number of terminated vested participants	2016-12-31	1
Fundng target for terminated vested participants	2016-12-31	1,196
Active participant vested funding target	2016-12-31	8,005
Number of active participants	2016-12-31	1
Total funding liabilities for active participants	2016-12-31	8,005
Total participant count	2016-12-31	15
Total funding target for all participants	2016-12-31	1,213,295
Balance at beginning of prior year after applicable adjustments	2016-12-31	8,932
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	8,932
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	582,649
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	616,035
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	8,761
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	80,008
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	78,273
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	0
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	78,273
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	TRANSPECOS BANKS
Employer identification number (EIN):	740891010
NAIC Classification:	522110
NAIC Description:	Commercial Banking