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THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN
Plan identification number 002

THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE FIRST NATIONAL BANK OF EMORY has sponsored the creation of one or more 401k plans.

Company Name:THE FIRST NATIONAL BANK OF EMORY
Employer identification number (EIN):750255457
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01 STEVE BEAVER2018-11-06
0022015-01-01STEVE BEAVER STEVE BEAVER2016-07-18
0022014-01-01STEVE BEAVER STEVE BEAVER2015-07-28
0022013-01-01STEVE BEAVER STEVE BEAVER2014-07-24
0022012-01-01STEVE BEAVER STEVE BEAVER2013-06-03
0022011-01-01STEVE BEAVER STEVE BEAVER2012-07-27
0022010-01-01STEVE E. BEAVER STEVE E. BEAVER2011-06-10
0022009-01-01STEVE E. BEAVER STEVE E. BEAVER2010-07-12

Plan Statistics for THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0134
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0136
Total number of active participants reported on line 7a of the Form 55002015-01-0123
Number of retired or separated participants receiving benefits2015-01-013
Number of other retired or separated participants entitled to future benefits2015-01-016
Total of all active and inactive participants2015-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0132
Number of participants with account balances2015-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0132
Total number of active participants reported on line 7a of the Form 55002014-01-0125
Number of retired or separated participants receiving benefits2014-01-015
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0136
Number of participants with account balances2014-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2013: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0133
Total number of active participants reported on line 7a of the Form 55002013-01-0123
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0127
Number of participants with account balances2013-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0130
Total number of active participants reported on line 7a of the Form 55002012-01-0126
Number of retired or separated participants receiving benefits2012-01-013
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0133
Number of participants with account balances2012-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0130
Total number of active participants reported on line 7a of the Form 55002011-01-0124
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0129
Number of participants with account balances2011-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0130
Total number of active participants reported on line 7a of the Form 55002010-01-0123
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-017
Total of all active and inactive participants2010-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0130
Number of participants with account balances2010-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0125
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0128
Number of participants with account balances2009-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN

Measure Date Value
2016 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-09-15$109,311
Expenses. Total of all expenses incurred2016-09-15$1,791,789
Benefits paid (including direct rollovers)2016-09-15$1,790,339
Total plan assets at end of year2016-09-15$0
Total plan assets at beginning of year2016-09-15$1,682,478
Value of fidelity bond covering the plan2016-09-15$10,000
Total contributions received or receivable from participants2016-09-15$25,600
Contributions received from other sources (not participants or employers)2016-09-15$0
Other income received2016-09-15$-40,536
Net income (gross income less expenses)2016-09-15$-1,682,478
Net plan assets at end of year (total assets less liabilities)2016-09-15$0
Net plan assets at beginning of year (total assets less liabilities)2016-09-15$1,682,478
Total contributions received or receivable from employer(s)2016-09-15$124,247
Value of certain deemed distributions of participant loans2016-09-15$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-15$1,450
2015 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$141,864
Expenses. Total of all expenses incurred2015-12-31$39,964
Benefits paid (including direct rollovers)2015-12-31$39,514
Total plan assets at end of year2015-12-31$1,682,478
Total plan assets at beginning of year2015-12-31$1,580,578
Value of fidelity bond covering the plan2015-12-31$10,000
Total contributions received or receivable from participants2015-12-31$46,665
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$22,612
Net income (gross income less expenses)2015-12-31$101,900
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,682,478
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,580,578
Assets. Value of participant loans2015-12-31$11,111
Total contributions received or receivable from employer(s)2015-12-31$72,587
Value of certain deemed distributions of participant loans2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$450
2014 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$197,980
Expenses. Total of all expenses incurred2014-12-31$30,237
Benefits paid (including direct rollovers)2014-12-31$29,787
Total plan assets at end of year2014-12-31$1,580,578
Total plan assets at beginning of year2014-12-31$1,412,835
Value of fidelity bond covering the plan2014-12-31$10,000
Total contributions received or receivable from participants2014-12-31$40,955
Contributions received from other sources (not participants or employers)2014-12-31$8,136
Other income received2014-12-31$76,266
Net income (gross income less expenses)2014-12-31$167,743
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,580,578
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,412,835
Assets. Value of participant loans2014-12-31$13,640
Total contributions received or receivable from employer(s)2014-12-31$72,623
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$450
2013 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$302,012
Expenses. Total of all expenses incurred2013-12-31$159,705
Benefits paid (including direct rollovers)2013-12-31$159,305
Total plan assets at end of year2013-12-31$1,412,835
Total plan assets at beginning of year2013-12-31$1,270,528
Value of fidelity bond covering the plan2013-12-31$10,000
Total contributions received or receivable from participants2013-12-31$38,898
Other income received2013-12-31$181,406
Net income (gross income less expenses)2013-12-31$142,307
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,412,835
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,270,528
Total contributions received or receivable from employer(s)2013-12-31$81,708
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$400
2012 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$226,665
Expenses. Total of all expenses incurred2012-12-31$46,309
Benefits paid (including direct rollovers)2012-12-31$46,059
Total plan assets at end of year2012-12-31$1,270,528
Total plan assets at beginning of year2012-12-31$1,090,172
Value of fidelity bond covering the plan2012-12-31$10,000
Total contributions received or receivable from participants2012-12-31$42,011
Other income received2012-12-31$84,714
Net income (gross income less expenses)2012-12-31$180,356
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,270,528
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,090,172
Total contributions received or receivable from employer(s)2012-12-31$99,940
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$250
2011 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$109,828
Expenses. Total of all expenses incurred2011-12-31$20,719
Benefits paid (including direct rollovers)2011-12-31$20,319
Total plan assets at end of year2011-12-31$1,090,172
Total plan assets at beginning of year2011-12-31$1,001,063
Value of fidelity bond covering the plan2011-12-31$10,000
Total contributions received or receivable from participants2011-12-31$37,098
Other income received2011-12-31$-19,968
Net income (gross income less expenses)2011-12-31$89,109
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,090,172
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,001,063
Total contributions received or receivable from employer(s)2011-12-31$92,698
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$400
2010 : THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$194,082
Expenses. Total of all expenses incurred2010-12-31$13,322
Benefits paid (including direct rollovers)2010-12-31$13,172
Total plan assets at end of year2010-12-31$1,001,063
Total plan assets at beginning of year2010-12-31$820,303
Value of fidelity bond covering the plan2010-12-31$10,000
Total contributions received or receivable from participants2010-12-31$46,096
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$48,847
Net income (gross income less expenses)2010-12-31$180,760
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,001,063
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$820,303
Total contributions received or receivable from employer(s)2010-12-31$99,139
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$150

Form 5500 Responses for THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN

2016: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE FIRST NATIONAL BANK OF EMORY 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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