?>
Logo

AMERICAN BANK 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameAMERICAN BANK 401(K) PROFIT SHARING PLAN
Plan identification number 002

AMERICAN BANK 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

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

Company Name:AMERICAN BANK
Employer identification number (EIN):810305954
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN BANK 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01GENEVA WILD2024-09-26
0022022-01-01PLAN SPONSOR2023-08-09
0022021-01-01PLAN SPONSOR2022-09-07
0022020-01-01MEGAN YOUNG2021-10-13 MEGAN YOUNG2021-10-13
0022019-01-01GEORGIA K. LUKKES2020-08-27
0022018-01-01GEORGIA K LUKKES2019-06-05 GEORGIA K LUKKES2019-06-05
0022017-01-01BEVERLY A. KOVASH2018-06-21 BEVERLY A. KVOASH2018-06-21
0022016-01-01BEVERLY A. KOVASH2017-05-25
0022015-01-01BEVERLY A. KOVASH2016-06-24
0022014-01-01BEVERLY A. KOVASH
0022013-01-01BEVERLY A. KOVASH
0022012-01-01BEVERLY A. KOVASH BEVERLY A KOVASH2013-06-12
0022011-01-01BEVERLY A. KOVASH
0022010-01-01BEVERLY A. KOVASH
0022009-01-01BEVERLY A. KOVASH

Plan Statistics for AMERICAN BANK 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for AMERICAN BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2024: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-26105
Total number of particpants at end of year2024-09-2682
Number of Participants With Account Balances2024-09-2672
2022: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-09-0779
Total number of particpants at end of year2022-09-07105
Number of Participants With Account Balances2022-09-07104
2014: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01102
Total number of active participants reported on line 7a of the Form 55002014-01-0167
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0132
Total of all active and inactive participants2014-01-01100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01100
Number of participants with account balances2014-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0191
Total number of active participants reported on line 7a of the Form 55002013-01-0172
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-0130
Total of all active and inactive participants2013-01-01103
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01103
Number of participants with account balances2013-01-0194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-014
2012: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0186
Total number of active participants reported on line 7a of the Form 55002012-01-0166
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0125
Total of all active and inactive participants2012-01-0191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0191
Number of participants with account balances2012-01-0189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-013
2011: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0189
Total number of active participants reported on line 7a of the Form 55002011-01-0174
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0112
Total of all active and inactive participants2011-01-0186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0186
Number of participants with account balances2011-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0192
Total number of active participants reported on line 7a of the Form 55002010-01-0176
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0113
Total of all active and inactive participants2010-01-0189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0189
Number of participants with account balances2010-01-0189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01103
Total number of active participants reported on line 7a of the Form 55002009-01-0178
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0117
Total of all active and inactive participants2009-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0195
Number of participants with account balances2009-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on AMERICAN BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2024 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-260
Total liabilities as of the end of the plan year2024-09-260
Total liabilities as of the beginning of the plan year2024-09-260
Total expenses incurred by plan in this plan year2024-09-261154307
Net assets as of the end of the plan year2024-09-2610115405
Total assets as of the beginning of the plan year2024-09-269119646
Value of plan covered by a fidelity bond2024-09-26500000
Participant contributions to plan in this plan year2024-09-26500907
Other expenses paid from plan in this plan year2024-09-260
Other contributions to plan in this plan year2024-09-2630931
Other income to plan in this plan year2024-09-261318792
Plan net income in this plan year2024-09-26995759
Net assets as of the end of the plan year2024-09-2610115405
Net assets as of the beginning of the plan year2024-09-269119646
Employer contributions to plan in this plan year2024-09-26299436
Fees paid to broker by Benefit Provider2024-09-267651
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2640714
2022 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-070
Total liabilities as of the end of the plan year2022-09-070
Total liabilities as of the beginning of the plan year2022-09-070
Total expenses incurred by plan in this plan year2022-09-071662267
Net assets as of the end of the plan year2022-09-0710605323
Total assets as of the beginning of the plan year2022-09-0710488015
Value of plan covered by a fidelity bond2022-09-07500000
Participant contributions to plan in this plan year2022-09-07299520
Other expenses paid from plan in this plan year2022-09-070
Other contributions to plan in this plan year2022-09-070
Other income to plan in this plan year2022-09-071027963
Plan net income in this plan year2022-09-07117308
Net assets as of the end of the plan year2022-09-0710605323
Net assets as of the beginning of the plan year2022-09-0710488015
Employer contributions to plan in this plan year2022-09-07452092
Fees paid to broker by Benefit Provider2022-09-077030
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-0724411
2014 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$595,140
Expenses. Total of all expenses incurred2014-12-31$761,854
Benefits paid (including direct rollovers)2014-12-31$757,675
Total plan assets at end of year2014-12-31$5,982,091
Total plan assets at beginning of year2014-12-31$6,148,805
Value of fidelity bond covering the plan2014-12-31$1,500,000
Total contributions received or receivable from participants2014-12-31$224,701
Contributions received from other sources (not participants or employers)2014-12-31$17,434
Other income received2014-12-31$229,380
Net income (gross income less expenses)2014-12-31$-166,714
Net plan assets at end of year (total assets less liabilities)2014-12-31$5,982,091
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$6,148,805
Total contributions received or receivable from employer(s)2014-12-31$123,625
Value of corrective distributions2014-12-31$3,729
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$921,341
Expenses. Total of all expenses incurred2013-12-31$730,402
Benefits paid (including direct rollovers)2013-12-31$726,700
Total plan assets at end of year2013-12-31$6,148,805
Total plan assets at beginning of year2013-12-31$5,957,866
Value of fidelity bond covering the plan2013-12-31$1,500,000
Total contributions received or receivable from participants2013-12-31$244,088
Contributions received from other sources (not participants or employers)2013-12-31$97,642
Other income received2013-12-31$454,892
Net income (gross income less expenses)2013-12-31$190,939
Net plan assets at end of year (total assets less liabilities)2013-12-31$6,148,805
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,957,866
Assets. Value of participant loans2013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$124,719
Value of corrective distributions2013-12-31$3,352
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$350
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$746,486
Expenses. Total of all expenses incurred2012-12-31$268,857
Benefits paid (including direct rollovers)2012-12-31$267,037
Total plan assets at end of year2012-12-31$5,957,866
Total plan assets at beginning of year2012-12-31$5,480,237
Value of fidelity bond covering the plan2012-12-31$1,500,000
Total contributions received or receivable from participants2012-12-31$250,066
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$358,058
Net income (gross income less expenses)2012-12-31$477,629
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,957,866
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,480,237
Assets. Value of participant loans2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$138,362
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$1,520
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$300
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$278,173
Expenses. Total of all expenses incurred2011-12-31$73,936
Benefits paid (including direct rollovers)2011-12-31$70,113
Total plan assets at end of year2011-12-31$5,480,237
Total plan assets at beginning of year2011-12-31$5,276,000
Value of fidelity bond covering the plan2011-12-31$1,500,000
Total contributions received or receivable from participants2011-12-31$259,491
Expenses. Other expenses not covered elsewhere2011-12-31$200
Contributions received from other sources (not participants or employers)2011-12-31$6,856
Other income received2011-12-31$-139,317
Net income (gross income less expenses)2011-12-31$204,237
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,480,237
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,276,000
Assets. Value of participant loans2011-12-31$0
Total contributions received or receivable from employer(s)2011-12-31$151,143
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$3,623
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$39
Total income from all sources2010-12-31$811,697
Expenses. Total of all expenses incurred2010-12-31$285,842
Benefits paid (including direct rollovers)2010-12-31$285,592
Total plan assets at end of year2010-12-31$5,276,000
Total plan assets at beginning of year2010-12-31$4,750,106
Value of fidelity bond covering the plan2010-12-31$1,500,000
Total contributions received or receivable from participants2010-12-31$279,158
Expenses. Other expenses not covered elsewhere2010-12-31$250
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$344,180
Net income (gross income less expenses)2010-12-31$525,855
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,276,000
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,750,106
Assets. Value of participant loans2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$188,359
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for AMERICAN BANK 401(K) PROFIT SHARING PLAN

2014: AMERICAN BANK 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 – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: AMERICAN BANK 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: AMERICAN BANK 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: AMERICAN BANK 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: AMERICAN BANK 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 – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: AMERICAN BANK 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-710468
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-710468
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-710468
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-710468
Policy instance 1
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-710468
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3