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VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan NameVALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN
Plan identification number 002

VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Code section 401(h) arrangement - Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

VALLEY TELEPHONE COOPERATIVE, INC. has sponsored the creation of one or more 401k plans.

Company Name:VALLEY TELEPHONE COOPERATIVE, INC.
Employer identification number (EIN):741207591
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01ROY SHENEMAN
0022016-01-01ROY SHENEMAN

Plan Statistics for VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN

Measure Date Value
2022: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-3122,805,022
Acturial value of plan assets2022-12-3122,805,022
Funding target for retired participants and beneficiaries receiving payment2022-12-313,230,104
Number of terminated vested participants2022-12-3120
Fundng target for terminated vested participants2022-12-31659,332
Active participant vested funding target2022-12-3112,874,101
Number of active participants2022-12-31154
Total funding liabilities for active participants2022-12-3112,874,101
Total participant count2022-12-31189
Total funding target for all participants2022-12-3116,763,537
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
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 balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-313,303,533
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-313,495,138
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 year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-312,000,000
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 date2022-12-311,827,806
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 cost2022-12-311,159,413
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-311,827,806
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-01189
Total number of active participants reported on line 7a of the Form 55002022-01-01143
Number of retired or separated participants receiving benefits2022-01-0114
Number of other retired or separated participants entitled to future benefits2022-01-0122
Total of all active and inactive participants2022-01-01179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-3118,754,493
Acturial value of plan assets2021-12-3119,213,656
Funding target for retired participants and beneficiaries receiving payment2021-12-313,249,251
Number of terminated vested participants2021-12-3119
Fundng target for terminated vested participants2021-12-31522,795
Active participant vested funding target2021-12-3110,955,138
Number of active participants2021-12-31163
Total funding liabilities for active participants2021-12-3110,955,138
Total participant count2021-12-31197
Total funding target for all participants2021-12-3114,727,184
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
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 balance2021-12-310
Amount remaining of prefunding balance2021-12-310
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 year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-313,500,000
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 date2021-12-313,303,533
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 cost2021-12-311,151,467
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-313,303,533
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-01197
Total number of active participants reported on line 7a of the Form 55002021-01-01154
Number of retired or separated participants receiving benefits2021-01-0114
Number of other retired or separated participants entitled to future benefits2021-01-0120
Total of all active and inactive participants2021-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-01189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-3119,915,353
Acturial value of plan assets2020-12-3119,915,353
Funding target for retired participants and beneficiaries receiving payment2020-12-313,137,383
Number of terminated vested participants2020-12-3124
Fundng target for terminated vested participants2020-12-31612,498
Active participant vested funding target2020-12-319,343,913
Number of active participants2020-12-31172
Total funding liabilities for active participants2020-12-319,343,913
Total participant count2020-12-31211
Total funding target for all participants2020-12-3113,093,794
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-313,189,546
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-313,373,902
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
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 cost2020-12-31750,888
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
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
Total participants, beginning-of-year2020-01-01211
Total number of active participants reported on line 7a of the Form 55002020-01-01163
Number of retired or separated participants receiving benefits2020-01-0114
Number of other retired or separated participants entitled to future benefits2020-01-0119
Total of all active and inactive participants2020-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-3116,000,213
Acturial value of plan assets2019-12-3116,000,213
Funding target for retired participants and beneficiaries receiving payment2019-12-313,211,703
Number of terminated vested participants2019-12-3122
Fundng target for terminated vested participants2019-12-31524,183
Active participant vested funding target2019-12-318,746,105
Number of active participants2019-12-31179
Total funding liabilities for active participants2019-12-318,746,105
Total participant count2019-12-31215
Total funding target for all participants2019-12-3112,481,991
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-313,287,823
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-313,482,133
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-313,500,000
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 date2019-12-313,189,546
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 cost2019-12-31679,815
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-313,189,546
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-01215
Total number of active participants reported on line 7a of the Form 55002019-01-01172
Number of retired or separated participants receiving benefits2019-01-0114
Number of other retired or separated participants entitled to future benefits2019-01-0124
Total of all active and inactive participants2019-01-01210
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01211
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-3118,506,476
Acturial value of plan assets2018-12-3118,506,476
Funding target for retired participants and beneficiaries receiving payment2018-12-311,690,504
Number of terminated vested participants2018-12-3121
Fundng target for terminated vested participants2018-12-31407,864
Active participant vested funding target2018-12-3112,251,953
Number of active participants2018-12-31172
Total funding liabilities for active participants2018-12-3112,251,953
Total participant count2018-12-31202
Total funding target for all participants2018-12-3114,350,321
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
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 balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31979,784
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-311,037,885
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-314,500,000
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 date2018-12-314,236,327
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 cost2018-12-31948,504
Total funding amount beforereflecting carryover/prefunding balances2018-12-31948,504
Additional cash requirement2018-12-31948,504
Contributions allocatedtoward minimum required contributions for current year2018-12-314,236,327
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-01202
Total number of active participants reported on line 7a of the Form 55002018-01-01172
Number of retired or separated participants receiving benefits2018-01-0113
Number of other retired or separated participants entitled to future benefits2018-01-0122
Total of all active and inactive participants2018-01-01207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01208
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-3117,448,439
Acturial value of plan assets2017-12-3117,448,439
Funding target for retired participants and beneficiaries receiving payment2017-12-311,479,350
Number of terminated vested participants2017-12-3118
Fundng target for terminated vested participants2017-12-31344,944
Active participant vested funding target2017-12-3111,064,090
Number of active participants2017-12-31175
Total funding liabilities for active participants2017-12-3111,064,090
Total participant count2017-12-31201
Total funding target for all participants2017-12-3112,888,384
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
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 balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-31590,618
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-31626,350
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 year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-311,000,000
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 date2017-12-31979,784
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 cost2017-12-31613,471
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 year2017-12-31979,784
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-01201
Total number of active participants reported on line 7a of the Form 55002017-01-01167
Number of retired or separated participants receiving benefits2017-01-018
Number of other retired or separated participants entitled to future benefits2017-01-0121
Total of all active and inactive participants2017-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-3117,199,439
Acturial value of plan assets2016-12-3116,995,825
Funding target for retired participants and beneficiaries receiving payment2016-12-311,475,484
Number of terminated vested participants2016-12-3116
Fundng target for terminated vested participants2016-12-31184,798
Active participant vested funding target2016-12-319,963,772
Number of active participants2016-12-31179
Total funding liabilities for active participants2016-12-319,963,772
Total participant count2016-12-31202
Total funding target for all participants2016-12-3111,624,054
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
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 balance2016-12-310
Amount remaining of prefunding balance2016-12-310
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 year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31600,000
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 date2016-12-31590,618
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 cost2016-12-311,040,720
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
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-31590,618
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-01202
Total number of active participants reported on line 7a of the Form 55002016-01-01170
Number of retired or separated participants receiving benefits2016-01-018
Number of other retired or separated participants entitled to future benefits2016-01-0118
Total of all active and inactive participants2016-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01196

Financial Data on VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN

Measure Date Value
2022 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-2,480,976
Total unrealized appreciation/depreciation of assets2022-12-31$-2,480,976
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-473,500
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$2,042,880
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,544,218
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,000,000
Value of total assets at end of year2022-12-31$21,305,255
Value of total assets at beginning of year2022-12-31$23,821,635
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$498,662
Total interest from all sources2022-12-31$7,774
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$575
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$789
Other income not declared elsewhere2022-12-31$-298
Administrative expenses (other) incurred2022-12-31$498,087
Total non interest bearing cash at end of year2022-12-31$22,662
Total non interest bearing cash at beginning of year2022-12-31$45,937
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,516,380
Value of net assets at end of year (total assets less liabilities)2022-12-31$21,305,255
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$23,821,635
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$18,761,173
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$19,265,180
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$521,420
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$1,009,729
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$1,009,729
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$7,774
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$2,000,000
Employer contributions (assets) at end of year2022-12-31$2,000,000
Employer contributions (assets) at beginning of year2022-12-31$3,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,544,218
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31HEARD, MCELROY, & VESTAL, LLP
Accountancy firm EIN2022-12-31720398470
2021 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$4,887,901
Total loss/gain on sale of assets2021-12-31$361,115
Total of all expenses incurred2021-12-31$974,549
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$586,014
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$4,111,502
Value of total assets at end of year2021-12-31$23,821,635
Value of total assets at beginning of year2021-12-31$19,908,283
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$388,535
Total interest from all sources2021-12-31$207,136
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$159,739
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$62,695
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$507,007
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$611,502
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$789
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$71,231
Other income not declared elsewhere2021-12-31$136,813
Administrative expenses (other) incurred2021-12-31$263,303
Total non interest bearing cash at end of year2021-12-31$45,937
Total non interest bearing cash at beginning of year2021-12-31$9,421
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,913,352
Value of net assets at end of year (total assets less liabilities)2021-12-31$23,821,635
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$19,908,283
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$125,232
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$19,265,180
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$3,778,539
Income. Interest from US Government securities2021-12-31$112,096
Income. Interest from corporate debt instruments2021-12-31$94,797
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$1,009,729
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$575,255
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$575,255
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$243
Asset value of US Government securities at beginning of year2021-12-31$7,079,080
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$-88,404
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$3,500,000
Employer contributions (assets) at end of year2021-12-31$3,500,000
Income. Dividends from common stock2021-12-31$97,044
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$586,014
Asset. Corporate debt instrument preferred debt at beginning of year2021-12-31$1,572,761
Asset. Corporate debt instrument debt (other) at beginning of year2021-12-31$2,178,053
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$4,136,936
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$39,311,233
Aggregate carrying amount (costs) on sale of assets2021-12-31$38,950,118
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2021-12-31751546734
2020 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$602,812
Total unrealized appreciation/depreciation of assets2020-12-31$602,812
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$980,014
Total loss/gain on sale of assets2020-12-31$-122,349
Total of all expenses incurred2020-12-31$2,211,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,638,476
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$0
Value of total assets at end of year2020-12-31$19,908,283
Value of total assets at beginning of year2020-12-31$21,139,451
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$572,706
Total interest from all sources2020-12-31$253,349
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$206,356
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$113,309
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$2,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Assets. Other investments not covered elsewhere at end of year2020-12-31$507,007
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$431,782
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$71,231
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$73,323
Other income not declared elsewhere2020-12-31$-5,226
Administrative expenses (other) incurred2020-12-31$457,636
Total non interest bearing cash at end of year2020-12-31$9,421
Total non interest bearing cash at beginning of year2020-12-31$7,548
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-1,231,168
Value of net assets at end of year (total assets less liabilities)2020-12-31$19,908,283
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$21,139,451
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$115,070
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$3,778,539
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,673,879
Income. Interest from US Government securities2020-12-31$138,380
Income. Interest from corporate debt instruments2020-12-31$113,747
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$575,255
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$429,508
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$429,508
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$1,222
Asset value of US Government securities at end of year2020-12-31$7,079,080
Asset value of US Government securities at beginning of year2020-12-31$6,845,608
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$45,072
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Employer contributions (assets) at beginning of year2020-12-31$3,500,000
Income. Dividends from common stock2020-12-31$93,047
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,638,476
Asset. Corporate debt instrument preferred debt at end of year2020-12-31$1,572,761
Asset. Corporate debt instrument preferred debt at beginning of year2020-12-31$3,505,629
Asset. Corporate debt instrument debt (other) at end of year2020-12-31$2,178,053
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$4,136,936
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$3,672,174
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$14,372,281
Aggregate carrying amount (costs) on sale of assets2020-12-31$14,494,630
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2020-12-31751546734
2019 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$942,982
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$942,982
Total unrealized appreciation/depreciation of assets2019-12-31$942,982
Total unrealized appreciation/depreciation of assets2019-12-31$942,982
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$5,255,920
Total income from all sources (including contributions)2019-12-31$5,255,920
Total loss/gain on sale of assets2019-12-31$268,279
Total loss/gain on sale of assets2019-12-31$268,279
Total of all expenses incurred2019-12-31$1,608,158
Total of all expenses incurred2019-12-31$1,608,158
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,500,611
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,500,611
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,500,000
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,500,000
Value of total assets at end of year2019-12-31$21,139,451
Value of total assets at end of year2019-12-31$21,139,451
Value of total assets at beginning of year2019-12-31$17,491,689
Value of total assets at beginning of year2019-12-31$17,491,689
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$107,547
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$107,547
Total interest from all sources2019-12-31$284,884
Total interest from all sources2019-12-31$284,884
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$178,880
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$178,880
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$89,484
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$89,484
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$0
Contributions received from participants2019-12-31$0
Assets. Other investments not covered elsewhere at end of year2019-12-31$431,782
Assets. Other investments not covered elsewhere at end of year2019-12-31$431,782
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$112,944
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$112,944
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$411,225
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$411,225
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$73,323
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$73,323
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$64,073
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$64,073
Other income not declared elsewhere2019-12-31$6,443
Other income not declared elsewhere2019-12-31$6,443
Total non interest bearing cash at end of year2019-12-31$7,548
Total non interest bearing cash at end of year2019-12-31$7,548
Total non interest bearing cash at beginning of year2019-12-31$11,461
Total non interest bearing cash at beginning of year2019-12-31$11,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,647,762
Value of net income/loss2019-12-31$3,647,762
Value of net assets at end of year (total assets less liabilities)2019-12-31$21,139,451
Value of net assets at end of year (total assets less liabilities)2019-12-31$21,139,451
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$17,491,689
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$17,491,689
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$107,547
Investment advisory and management fees2019-12-31$107,547
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,673,879
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,673,879
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,238,252
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$2,238,252
Income. Interest from US Government securities2019-12-31$159,867
Income. Interest from US Government securities2019-12-31$159,867
Income. Interest from corporate debt instruments2019-12-31$118,082
Income. Interest from corporate debt instruments2019-12-31$118,082
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$429,508
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$429,508
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$234,006
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$234,006
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$234,006
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$234,006
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$6,935
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$6,935
Asset value of US Government securities at end of year2019-12-31$6,845,608
Asset value of US Government securities at end of year2019-12-31$6,845,608
Asset value of US Government securities at beginning of year2019-12-31$3,743,245
Asset value of US Government securities at beginning of year2019-12-31$3,743,245
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$74,452
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$74,452
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$3,500,000
Contributions received in cash from employer2019-12-31$3,500,000
Employer contributions (assets) at end of year2019-12-31$3,500,000
Employer contributions (assets) at end of year2019-12-31$3,500,000
Employer contributions (assets) at beginning of year2019-12-31$3,000,000
Employer contributions (assets) at beginning of year2019-12-31$3,000,000
Income. Dividends from common stock2019-12-31$89,396
Income. Dividends from common stock2019-12-31$89,396
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,089,386
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,089,386
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$3,505,629
Asset. Corporate debt instrument preferred debt at end of year2019-12-31$3,505,629
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$3,255,628
Asset. Corporate debt instrument preferred debt at beginning of year2019-12-31$3,255,628
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$1,891,346
Asset. Corporate debt instrument debt (other) at beginning of year2019-12-31$1,891,346
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$3,672,174
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$3,672,174
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$2,940,734
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$2,940,734
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$16,129,397
Aggregate proceeds on sale of assets2019-12-31$16,129,397
Aggregate carrying amount (costs) on sale of assets2019-12-31$15,861,118
Aggregate carrying amount (costs) on sale of assets2019-12-31$15,861,118
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm name2019-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2019-12-31751546734
Accountancy firm EIN2019-12-31751546734
2018 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-421,460
Total unrealized appreciation/depreciation of assets2018-12-31$-421,460
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$4,382,835
Total loss/gain on sale of assets2018-12-31$-276,004
Total of all expenses incurred2018-12-31$7,458,015
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$7,332,553
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,500,000
Value of total assets at end of year2018-12-31$17,491,689
Value of total assets at beginning of year2018-12-31$20,566,869
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$125,462
Total interest from all sources2018-12-31$333,399
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$268,406
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$101,259
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$0
Assets. Other investments not covered elsewhere at end of year2018-12-31$112,944
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$180,786
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$631,569
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$64,073
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$72,570
Other income not declared elsewhere2018-12-31$5,701
Total non interest bearing cash at end of year2018-12-31$11,461
Total non interest bearing cash at beginning of year2018-12-31$19,594
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-3,075,180
Value of net assets at end of year (total assets less liabilities)2018-12-31$17,491,689
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$20,566,869
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$125,462
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$2,238,252
Interest earned on other investments2018-12-31$300
Income. Interest from US Government securities2018-12-31$183,770
Income. Interest from corporate debt instruments2018-12-31$139,760
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$234,006
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$2,804,217
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$2,804,217
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$9,569
Asset value of US Government securities at end of year2018-12-31$3,743,245
Asset value of US Government securities at beginning of year2018-12-31$7,604,360
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-27,207
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$4,500,000
Employer contributions (assets) at end of year2018-12-31$3,000,000
Income. Dividends from common stock2018-12-31$167,147
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$6,700,984
Asset. Corporate debt instrument preferred debt at end of year2018-12-31$3,255,628
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$1,891,346
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$5,653,612
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$2,940,734
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$4,231,730
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$27,619,686
Aggregate carrying amount (costs) on sale of assets2018-12-31$27,895,690
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2018-12-31751546734
2017 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$369,574
Total unrealized appreciation/depreciation of assets2017-12-31$369,574
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,085,080
Total loss/gain on sale of assets2017-12-31$211,873
Total of all expenses incurred2017-12-31$1,229,671
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,229,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,000,000
Value of total assets at end of year2017-12-31$20,566,869
Value of total assets at beginning of year2017-12-31$19,711,460
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$0
Total interest from all sources2017-12-31$324,979
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$172,527
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$79,315
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Assets. Other investments not covered elsewhere at end of year2017-12-31$180,786
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$176,352
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$72,570
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$67,489
Other income not declared elsewhere2017-12-31$6,127
Total non interest bearing cash at end of year2017-12-31$19,594
Total non interest bearing cash at beginning of year2017-12-31$4,387
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$855,409
Value of net assets at end of year (total assets less liabilities)2017-12-31$20,566,869
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$19,711,460
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,763,880
Income. Interest from US Government securities2017-12-31$177,740
Income. Interest from corporate debt instruments2017-12-31$145,423
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$2,804,217
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$379,383
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$379,383
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,816
Asset value of US Government securities at end of year2017-12-31$7,604,360
Asset value of US Government securities at beginning of year2017-12-31$9,025,241
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,000,000
Income. Dividends from common stock2017-12-31$93,212
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,229,671
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$5,653,612
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$4,834,427
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$4,231,730
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$3,460,301
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$16,266,338
Aggregate carrying amount (costs) on sale of assets2017-12-31$16,054,465
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2017-12-31751546734
2016 : VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$33,812
Total unrealized appreciation/depreciation of assets2016-12-31$33,812
Total transfer of assets to this plan2016-12-31$19,494,553
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$903,295
Total loss/gain on sale of assets2016-12-31$7,771
Total of all expenses incurred2016-12-31$686,388
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$634,554
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$600,000
Value of total assets at end of year2016-12-31$19,711,460
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$51,834
Total interest from all sources2016-12-31$170,132
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$91,580
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$37,699
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at end of year2016-12-31$176,352
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$67,489
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Administrative expenses (other) incurred2016-12-31$2,771
Total non interest bearing cash at end of year2016-12-31$4,387
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$216,907
Value of net assets at end of year (total assets less liabilities)2016-12-31$19,711,460
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$49,063
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$1,763,880
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Income. Interest from US Government securities2016-12-31$42,550
Income. Interest from corporate debt instruments2016-12-31$127,188
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$379,383
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$394
Asset value of US Government securities at end of year2016-12-31$9,025,241
Asset value of US Government securities at beginning of year2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$600,000
Income. Dividends from common stock2016-12-31$53,881
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$634,554
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$4,834,427
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$3,460,301
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$0
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$27,931,583
Aggregate carrying amount (costs) on sale of assets2016-12-31$27,923,812
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CURTIS BLAKELY & CO. P.C.
Accountancy firm EIN2016-12-31751546734

Form 5500 Responses for VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN

2022: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: VALLEY TELEPHONE COOPERATIVE, INC. DEFINED BENEFIT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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