FIRST BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FIRST BANK EMPLOYEES' 401(K) PLAN
Measure | Date | Value |
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2022 : FIRST BANK EMPLOYEES' 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
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 | $-1,346,670 |
Total loss/gain on sale of assets | 2022-12-31 | $1,435,031 |
Total of all expenses incurred | 2022-12-31 | $888,757 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $808,753 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,554,934 |
Value of total assets at end of year | 2022-12-31 | $17,243,950 |
Value of total assets at beginning of year | 2022-12-31 | $19,479,377 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $80,004 |
Total interest from all sources | 2022-12-31 | $22,227 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $102,770 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $102,770 |
Administrative expenses professional fees incurred | 2022-12-31 | $80,004 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,094,470 |
Participant contributions at end of year | 2022-12-31 | $546,346 |
Participant contributions at beginning of year | 2022-12-31 | $483,451 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $12,901 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
Total non interest bearing cash at end of year | 2022-12-31 | $44,237 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,235,427 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $17,243,950 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $19,479,377 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,955,941 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,325,636 |
Interest on participant loans | 2022-12-31 | $22,227 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $8,697,426 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $8,670,290 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,992,462 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-2,469,170 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $1,447,563 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $808,753 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $10,756,969 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $9,321,938 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | MWH GROUP, P.C. |
Accountancy firm EIN | 2022-12-31 | 752205423 |
2021 : FIRST BANK EMPLOYEES' 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $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 | $5,666,390 |
Total loss/gain on sale of assets | 2021-12-31 | $1,082,068 |
Total of all expenses incurred | 2021-12-31 | $423,661 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $353,013 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $3,503,894 |
Value of total assets at end of year | 2021-12-31 | $19,479,377 |
Value of total assets at beginning of year | 2021-12-31 | $14,236,648 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $70,648 |
Total interest from all sources | 2021-12-31 | $22,684 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $78,808 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $78,808 |
Administrative expenses professional fees incurred | 2021-12-31 | $70,648 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $1,062,112 |
Participant contributions at end of year | 2021-12-31 | $483,451 |
Participant contributions at beginning of year | 2021-12-31 | $459,102 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $1,228,317 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
Total non interest bearing cash at end of year | 2021-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $5,242,729 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $19,479,377 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $14,236,648 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $10,325,636 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,716,083 |
Interest on participant loans | 2021-12-31 | $22,684 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $8,670,290 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $6,061,463 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $563,863 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $415,073 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $1,213,465 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $353,013 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $2,514,814 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $1,432,746 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | MWH GROUP, P.C. |
Accountancy firm EIN | 2021-12-31 | 752205423 |
2020 : FIRST BANK EMPLOYEES' 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
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 | $4,298,404 |
Total loss/gain on sale of assets | 2020-12-31 | $866,441 |
Total of all expenses incurred | 2020-12-31 | $1,027,671 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $960,581 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,823,946 |
Value of total assets at end of year | 2020-12-31 | $14,236,648 |
Value of total assets at beginning of year | 2020-12-31 | $10,965,915 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $67,090 |
Total interest from all sources | 2020-12-31 | $25,427 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $61,199 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $61,199 |
Administrative expenses professional fees incurred | 2020-12-31 | $67,090 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $863,755 |
Participant contributions at end of year | 2020-12-31 | $459,102 |
Participant contributions at beginning of year | 2020-12-31 | $429,142 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $121,856 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $33,360 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $3,270,733 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $14,236,648 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,965,915 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,716,083 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,821,120 |
Interest on participant loans | 2020-12-31 | $25,427 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $6,061,463 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $4,682,293 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $907,483 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $613,908 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $838,335 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $960,581 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $4,503,256 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $3,636,815 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | MWH GROUP, P.C. |
Accountancy firm EIN | 2020-12-31 | 752205423 |
2019 : FIRST BANK EMPLOYEES' 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 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 | $29,816 |
Total income from all sources (including contributions) | 2019-12-31 | $3,934,830 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $2,726,417 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,688,307 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,626,106 |
Value of total assets at end of year | 2019-12-31 | $10,965,915 |
Value of total assets at beginning of year | 2019-12-31 | $9,787,318 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $38,110 |
Total interest from all sources | 2019-12-31 | $14,000 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $70,082 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $70,082 |
Administrative expenses professional fees incurred | 2019-12-31 | $38,110 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $739,445 |
Participant contributions at end of year | 2019-12-31 | $429,142 |
Participant contributions at beginning of year | 2019-12-31 | $216,823 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $135,005 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $29,816 |
Total non interest bearing cash at end of year | 2019-12-31 | $33,360 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $29,816 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,208,413 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $10,965,915 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $9,757,502 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,821,120 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $5,285,625 |
Interest on participant loans | 2019-12-31 | $14,000 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $4,682,293 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $4,255,054 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,417,728 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $806,914 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $751,656 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,688,307 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2019-12-31 | 261234352 |
2018 : FIRST BANK EMPLOYEES' 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $29,816 |
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 | $821,787 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $1,912,799 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,852,123 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,338,499 |
Value of total assets at end of year | 2018-12-31 | $9,787,318 |
Value of total assets at beginning of year | 2018-12-31 | $10,848,514 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $60,676 |
Total interest from all sources | 2018-12-31 | $10,410 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $65,350 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $65,350 |
Administrative expenses professional fees incurred | 2018-12-31 | $60,676 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $680,084 |
Participant contributions at end of year | 2018-12-31 | $216,823 |
Participant contributions at beginning of year | 2018-12-31 | $181,009 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $29,816 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $0 |
Total non interest bearing cash at end of year | 2018-12-31 | $29,816 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-1,091,012 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $9,757,502 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $10,848,514 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $5,285,625 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $6,378,728 |
Interest on participant loans | 2018-12-31 | $10,410 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $4,255,054 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $4,288,777 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-331,884 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-260,588 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $658,415 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,852,123 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $0 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2018-12-31 | 261234352 |
2017 : FIRST BANK EMPLOYEES' 401(K) PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
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 | $41,690 |
Total income from all sources (including contributions) | 2017-12-31 | $2,951,292 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $397,306 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $346,617 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,387,961 |
Value of total assets at end of year | 2017-12-31 | $10,848,514 |
Value of total assets at beginning of year | 2017-12-31 | $8,336,218 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $50,689 |
Total interest from all sources | 2017-12-31 | $9,054 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $88,603 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $88,603 |
Administrative expenses professional fees incurred | 2017-12-31 | $50,689 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $717,997 |
Participant contributions at end of year | 2017-12-31 | $181,009 |
Participant contributions at beginning of year | 2017-12-31 | $229,636 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $2,267 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $41,690 |
Total non interest bearing cash at end of year | 2017-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $39,423 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $2,553,986 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $10,848,514 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $8,294,528 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $6,378,728 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $4,867,873 |
Interest on participant loans | 2017-12-31 | $9,054 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $4,288,777 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $3,197,019 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $963,158 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $502,516 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $669,964 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $346,617 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2017-12-31 | 261234352 |
2016 : FIRST BANK EMPLOYEES' 401(K) PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $41,690 |
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 | $2,083,477 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $250,080 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $208,566 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,366,732 |
Value of total assets at end of year | 2016-12-31 | $8,336,218 |
Value of total assets at beginning of year | 2016-12-31 | $6,461,131 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $41,514 |
Total interest from all sources | 2016-12-31 | $6,061 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $66,815 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $66,815 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $672,093 |
Participant contributions at end of year | 2016-12-31 | $229,636 |
Participant contributions at beginning of year | 2016-12-31 | $125,572 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $51,592 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $2,267 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $41,690 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
Total non interest bearing cash at end of year | 2016-12-31 | $39,423 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $1,833,397 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $8,294,528 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,461,131 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $4,867,873 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $3,858,810 |
Interest on participant loans | 2016-12-31 | $6,061 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $3,197,019 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $2,476,749 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $464,071 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $179,798 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $643,047 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $208,566 |
Contract administrator fees | 2016-12-31 | $41,514 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2016-12-31 | 261234352 |
2015 : FIRST BANK EMPLOYEES' 401(K) PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $33,838 |
Total income from all sources (including contributions) | 2015-12-31 | $1,031,715 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $322,402 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $287,013 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,102,402 |
Value of total assets at end of year | 2015-12-31 | $6,461,131 |
Value of total assets at beginning of year | 2015-12-31 | $5,785,656 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $35,389 |
Total interest from all sources | 2015-12-31 | $4,196 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $53,970 |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $53,970 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $537,666 |
Participant contributions at end of year | 2015-12-31 | $125,572 |
Participant contributions at beginning of year | 2015-12-31 | $95,319 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $332,291 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $33,838 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $33,838 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $709,313 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $6,461,131 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $5,751,818 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $3,858,810 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $3,383,221 |
Interest on participant loans | 2015-12-31 | $4,196 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $2,476,749 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $2,259,618 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $13,660 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $13,660 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-83,461 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-45,392 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $232,445 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $287,013 |
Contract administrator fees | 2015-12-31 | $35,389 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2015-12-31 | 261234352 |
2014 : FIRST BANK EMPLOYEES' 401(K) PLAN 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $33,838 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $1,300,628 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $383,552 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $343,616 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of total corrective distributions | 2014-12-31 | $9,044 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $914,664 |
Value of total assets at end of year | 2014-12-31 | $5,785,656 |
Value of total assets at beginning of year | 2014-12-31 | $4,834,742 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $30,892 |
Total interest from all sources | 2014-12-31 | $3,670 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $43,380 |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $43,380 |
Administrative expenses professional fees incurred | 2014-12-31 | $30,892 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $4,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $462,000 |
Participant contributions at end of year | 2014-12-31 | $95,319 |
Participant contributions at beginning of year | 2014-12-31 | $89,310 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $8,038 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $33,838 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $6,568 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $33,838 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $917,076 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $5,751,818 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,834,742 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $3,383,221 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $2,498,618 |
Interest on participant loans | 2014-12-31 | $3,670 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $2,259,618 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $2,219,033 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $13,660 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $21,213 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $21,213 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $228,816 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $110,098 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $444,626 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $343,616 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | S. MICHELLE RIGGINS, CPA |
Accountancy firm EIN | 2014-12-31 | 261234352 |