MISSION COMMUNITY BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MISSION COMMUNITY BANK 401-K PROFIT SHARING PLAN
401k plan membership statisitcs for MISSION COMMUNITY BANK 401-K PROFIT SHARING PLAN
Measure | Date | Value |
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2014 : MISSION COMMUNITY BANK 401-K PROFIT SHARING PLAN 2014 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-03-31 | $3,422 |
Total income from all sources (including contributions) | 2014-03-31 | $272,493 |
Total of all expenses incurred | 2014-03-31 | $4,428,718 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-03-31 | $4,375,990 |
Expenses. Certain deemed distributions of participant loans | 2014-03-31 | $16,716 |
Value of total corrective distributions | 2014-03-31 | $16,942 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-03-31 | $234,487 |
Value of total assets at end of year | 2014-03-31 | $0 |
Value of total assets at beginning of year | 2014-03-31 | $4,159,647 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-03-31 | $19,070 |
Total interest from all sources | 2014-03-31 | $577 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-03-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2014-03-31 | $0 |
Was this plan covered by a fidelity bond | 2014-03-31 | Yes |
Value of fidelity bond cover | 2014-03-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2014-03-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-03-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-03-31 | No |
Contributions received from participants | 2014-03-31 | $183,038 |
Participant contributions at beginning of year | 2014-03-31 | $60,552 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-03-31 | $3,422 |
Administrative expenses (other) incurred | 2014-03-31 | $19,012 |
Total non interest bearing cash at beginning of year | 2014-03-31 | $18,712 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-03-31 | No |
Value of net income/loss | 2014-03-31 | $-4,156,225 |
Value of net assets at end of year (total assets less liabilities) | 2014-03-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-03-31 | $4,156,225 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-03-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-03-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-03-31 | No |
Value of interest in pooled separate accounts at end of year | 2014-03-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2014-03-31 | $3,929,153 |
Interest on participant loans | 2014-03-31 | $577 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-03-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-03-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-03-31 | $37,429 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-03-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2014-03-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-03-31 | No |
Contributions received in cash from employer | 2014-03-31 | $51,449 |
Employer contributions (assets) at beginning of year | 2014-03-31 | $151,230 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-03-31 | $4,375,990 |
Contract administrator fees | 2014-03-31 | $58 |
Did the plan have assets held for investment | 2014-03-31 | No |
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 | 2014-03-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-03-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-03-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-03-31 | Disclaimer |
Accountancy firm name | 2014-03-31 | MCGLADREY, LLP |
Accountancy firm EIN | 2014-03-31 | 420714325 |
2013 : MISSION COMMUNITY BANK 401-K PROFIT SHARING PLAN 2013 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $3,422 |
Total income from all sources (including contributions) | 2013-12-31 | $1,215,511 |
Total of all expenses incurred | 2013-12-31 | $532,469 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $488,192 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $43,198 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $663,065 |
Value of total assets at end of year | 2013-12-31 | $4,159,647 |
Value of total assets at beginning of year | 2013-12-31 | $3,473,183 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,079 |
Total interest from all sources | 2013-12-31 | $3,540 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $480,904 |
Participant contributions at end of year | 2013-12-31 | $60,552 |
Participant contributions at beginning of year | 2013-12-31 | $133,001 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $30,931 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2013-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $3,422 |
Administrative expenses (other) incurred | 2013-12-31 | $675 |
Total non interest bearing cash at end of year | 2013-12-31 | $18,712 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $8,125 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $683,042 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,156,225 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $3,473,183 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $3,929,153 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $3,210,810 |
Interest on participant loans | 2013-12-31 | $3,540 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $1,247 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $548,906 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $151,230 |
Employer contributions (assets) at end of year | 2013-12-31 | $151,230 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $120,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $488,192 |
Contract administrator fees | 2013-12-31 | $404 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
2012 : MISSION COMMUNITY BANK 401-K PROFIT SHARING PLAN 2012 401k financial data |
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Total income from all sources (including contributions) | 2012-12-31 | $826,017 |
Total of all expenses incurred | 2012-12-31 | $509,635 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $503,142 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $475,350 |
Value of total assets at end of year | 2012-12-31 | $3,473,183 |
Value of total assets at beginning of year | 2012-12-31 | $3,156,801 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $6,493 |
Total interest from all sources | 2012-12-31 | $6,314 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $334,682 |
Participant contributions at end of year | 2012-12-31 | $133,001 |
Participant contributions at beginning of year | 2012-12-31 | $188,125 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $20,668 |
Administrative expenses (other) incurred | 2012-12-31 | $675 |
Total non interest bearing cash at end of year | 2012-12-31 | $8,125 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $7,846 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $316,382 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $3,473,183 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,156,801 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $3,210,810 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $2,959,777 |
Interest on participant loans | 2012-12-31 | $6,302 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $12 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,247 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,053 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $344,353 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $120,000 |
Employer contributions (assets) at end of year | 2012-12-31 | $120,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $503,142 |
Contract administrator fees | 2012-12-31 | $5,818 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | MCGLADREY, LLP |
Accountancy firm EIN | 2012-12-31 | 420714325 |