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FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 401k Plan overview

Plan NameFIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN)
Plan identification number 001

FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) Benefits

401k Plan TypeDefined 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).

401k Sponsoring company profile

ZAVALA COUNTY BANK has sponsored the creation of one or more 401k plans.

Company Name:ZAVALA COUNTY BANK
Employer identification number (EIN):740998930
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN)

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MARTY ANGERMILLER2023-10-16 TAMMY S RITCHIE2023-10-16
0012021-01-01MARTY ANGERMILLER2022-10-03 TAMMY S RITCHIE2022-10-03
0012020-01-01MARTY ANGERMILLER2021-07-27 TAMMY S RITCHIE2021-07-27
0012019-01-01CODY SMITH2020-10-15 TAMMY S RITCHIE2020-10-15
0012018-01-01CODY SMITH2019-10-09 TAMMY S RITCHIE2019-10-09
0012018-01-01CODY SMITH2019-12-04 TAMMY S RITCHIE2019-12-06
0012017-01-01CODY SMITH2018-10-12 TAMMY S RITCHIE2018-10-11
0012016-01-01CODY SMITH2018-01-31 TAMMY S RITCHIE2018-01-31
0012015-01-01ROBERT K BAEN2016-10-12 TAMMY S RITCHIE2016-10-12
0012014-01-01ROBERT K BAEN2015-10-13 TAMMY S RITCHIE2015-10-13
0012013-01-01ROBERT K. BAEN2014-10-14 TAMMY S. RITCHIE2014-10-14
0012012-01-01ROBERT K. BAEN2013-10-12 TAMMY S. RITCHIE2013-10-12
0012011-01-01ROBERT K. BAEN2012-10-12 TAMMY S. RITCHIE2012-10-12
0012010-01-01ROBERT K. BAEN2011-10-14 TAMMY S. RITCHIE2011-10-13

Plan Statistics for FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN)

401k plan membership statisitcs for FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN)

Measure Date Value
2022: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2022 401k membership
Market value of plan assets2022-12-315,830,574
Acturial value of plan assets2022-12-315,830,574
Funding target for retired participants and beneficiaries receiving payment2022-12-311,642,191
Number of terminated vested participants2022-12-3114
Fundng target for terminated vested participants2022-12-31368,350
Active participant vested funding target2022-12-31995,662
Number of active participants2022-12-3113
Total funding liabilities for active participants2022-12-311,027,225
Total participant count2022-12-3143
Total funding target for all participants2022-12-313,037,766
Balance at beginning of prior year after applicable adjustments2022-12-31155,158
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31518,544
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-31155,158
Amount remaining of prefunding balance2022-12-31518,544
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-31183,381
Balance of prefunding at beginning of current year2022-12-31612,867
Total employer contributions2022-12-310
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-310
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2021 401k membership
Market value of plan assets2021-12-315,088,821
Acturial value of plan assets2021-12-315,088,821
Funding target for retired participants and beneficiaries receiving payment2021-12-311,246,797
Number of terminated vested participants2021-12-3112
Fundng target for terminated vested participants2021-12-31315,159
Active participant vested funding target2021-12-311,399,090
Number of active participants2021-12-3118
Total funding liabilities for active participants2021-12-311,445,204
Total participant count2021-12-3146
Total funding target for all participants2021-12-313,007,160
Balance at beginning of prior year after applicable adjustments2021-12-31149,291
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31498,936
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-31149,291
Amount remaining of prefunding balance2021-12-31498,936
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-31155,158
Balance of prefunding at beginning of current year2021-12-31518,544
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-3166,782
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2020 401k membership
Market value of plan assets2020-12-315,030,074
Acturial value of plan assets2020-12-315,030,074
Funding target for retired participants and beneficiaries receiving payment2020-12-311,320,586
Number of terminated vested participants2020-12-3112
Fundng target for terminated vested participants2020-12-31305,907
Active participant vested funding target2020-12-311,278,054
Number of active participants2020-12-3117
Total funding liabilities for active participants2020-12-311,326,870
Total participant count2020-12-3145
Total funding target for all participants2020-12-312,953,363
Balance at beginning of prior year after applicable adjustments2020-12-31126,700
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31423,437
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-31126,700
Amount remaining of prefunding balance2020-12-31423,437
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-31149,291
Balance of prefunding at beginning of current year2020-12-31498,936
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-3189,368
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2019 401k membership
Market value of plan assets2019-12-314,397,971
Acturial value of plan assets2019-12-314,397,971
Funding target for retired participants and beneficiaries receiving payment2019-12-311,196,380
Number of terminated vested participants2019-12-3113
Fundng target for terminated vested participants2019-12-31419,897
Active participant vested funding target2019-12-311,092,624
Number of active participants2019-12-3117
Total funding liabilities for active participants2019-12-311,141,008
Total participant count2019-12-3145
Total funding target for all participants2019-12-312,757,285
Balance at beginning of prior year after applicable adjustments2019-12-31129,352
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31432,299
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-31129,352
Amount remaining of prefunding balance2019-12-31432,299
Present value of excess contributions2019-12-3147,346
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-3150,078
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-31126,700
Balance of prefunding at beginning of current year2019-12-31423,437
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3183,314
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2018 401k membership
Market value of plan assets2018-12-314,566,833
Acturial value of plan assets2018-12-314,566,833
Funding target for retired participants and beneficiaries receiving payment2018-12-311,283,819
Number of terminated vested participants2018-12-3112
Fundng target for terminated vested participants2018-12-31249,985
Active participant vested funding target2018-12-311,070,345
Number of active participants2018-12-3120
Total funding liabilities for active participants2018-12-311,162,056
Total participant count2018-12-3147
Total funding target for all participants2018-12-312,695,860
Balance at beginning of prior year after applicable adjustments2018-12-31114,077
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31381,250
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-31114,077
Amount remaining of prefunding balance2018-12-31381,250
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-31129,352
Balance of prefunding at beginning of current year2018-12-31432,299
Total employer contributions2018-12-3150,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-3147,346
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3186,019
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-3147,346
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2017 401k membership
Market value of plan assets2017-12-314,158,137
Acturial value of plan assets2017-12-314,158,137
Funding target for retired participants and beneficiaries receiving payment2017-12-311,254,128
Number of terminated vested participants2017-12-3113
Fundng target for terminated vested participants2017-12-31221,882
Active participant vested funding target2017-12-31843,815
Number of active participants2017-12-3117
Total funding liabilities for active participants2017-12-31911,145
Total participant count2017-12-3145
Total funding target for all participants2017-12-312,387,155
Balance at beginning of prior year after applicable adjustments2017-12-31101,646
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31339,704
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-31101,646
Amount remaining of prefunding balance2017-12-31339,704
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-31114,077
Balance of prefunding at beginning of current year2017-12-31381,250
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-3170,406
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: FIRST STATE BANK OF UVALDE RETIREMENT PLAN, AS ADOPTED BY ZAVALA COUNTY BANK (ZAVALA COUNTY BANK RETIREMENT PLAN) 2016 401k membership
Market value of plan assets2016-12-313,828,792
Acturial value of plan assets2016-12-313,828,792
Funding target for retired participants and beneficiaries receiving payment2016-12-311,220,192
Number of terminated vested participants2016-12-3112
Fundng target for terminated vested participants2016-12-31238,083
Active participant vested funding target2016-12-31720,736
Number of active participants2016-12-3117
Total funding liabilities for active participants2016-12-31820,583
Total participant count2016-12-3143
Total funding target for all participants2016-12-312,278,858
Balance at beginning of prior year after applicable adjustments2016-12-31100,302
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31335,212
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-31100,302
Amount remaining of prefunding balance2016-12-31335,212
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-31101,646
Balance of prefunding at beginning of current year2016-12-31339,704
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3165,752
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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