AMERICAN BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan 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 year | 2024-09-26 | 105 |
| Total number of particpants at end of year | 2024-09-26 | 82 |
| Number of Participants With Account Balances | 2024-09-26 | 72 |
| 2022: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2022 401k membership |
|---|
| Total number of particpants at beginning of year | 2022-09-07 | 79 |
| Total number of particpants at end of year | 2022-09-07 | 105 |
| Number of Participants With Account Balances | 2022-09-07 | 104 |
| 2014: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 102 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 67 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 32 |
| Total of all active and inactive participants | 2014-01-01 | 100 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 0 |
| Total participants | 2014-01-01 | 100 |
| Number of participants with account balances | 2014-01-01 | 94 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 3 |
| 2013: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 91 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 72 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 30 |
| Total of all active and inactive participants | 2013-01-01 | 103 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 0 |
| Total participants | 2013-01-01 | 103 |
| Number of participants with account balances | 2013-01-01 | 94 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 4 |
| 2012: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 86 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 66 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 25 |
| Total of all active and inactive participants | 2012-01-01 | 91 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 0 |
| Total participants | 2012-01-01 | 91 |
| Number of participants with account balances | 2012-01-01 | 89 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 3 |
| 2011: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 89 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 74 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 12 |
| Total of all active and inactive participants | 2011-01-01 | 86 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 86 |
| Number of participants with account balances | 2011-01-01 | 86 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
| 2010: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2010 401k membership |
|---|
| Total participants, beginning-of-year | 2010-01-01 | 92 |
| Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 76 |
| Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 13 |
| Total of all active and inactive participants | 2010-01-01 | 89 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
| Total participants | 2010-01-01 | 89 |
| Number of participants with account balances | 2010-01-01 | 89 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
| 2009: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 103 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 78 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 17 |
| Total of all active and inactive participants | 2009-01-01 | 95 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 95 |
| Number of participants with account balances | 2009-01-01 | 90 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 5 |
| Measure | Date | Value |
|---|
| 2024 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-09-26 | 0 |
| Total liabilities as of the end of the plan year | 2024-09-26 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-09-26 | 0 |
| Total expenses incurred by plan in this plan year | 2024-09-26 | 1154307 |
| Net assets as of the end of the plan year | 2024-09-26 | 10115405 |
| Total assets as of the beginning of the plan year | 2024-09-26 | 9119646 |
| Value of plan covered by a fidelity bond | 2024-09-26 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-26 | 500907 |
| Other expenses paid from plan in this plan year | 2024-09-26 | 0 |
| Other contributions to plan in this plan year | 2024-09-26 | 30931 |
| Other income to plan in this plan year | 2024-09-26 | 1318792 |
| Plan net income in this plan year | 2024-09-26 | 995759 |
| Net assets as of the end of the plan year | 2024-09-26 | 10115405 |
| Net assets as of the beginning of the plan year | 2024-09-26 | 9119646 |
| Employer contributions to plan in this plan year | 2024-09-26 | 299436 |
| Fees paid to broker by Benefit Provider | 2024-09-26 | 7651 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-26 | 40714 |
| 2022 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2022-09-07 | 0 |
| Total liabilities as of the end of the plan year | 2022-09-07 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-09-07 | 0 |
| Total expenses incurred by plan in this plan year | 2022-09-07 | 1662267 |
| Net assets as of the end of the plan year | 2022-09-07 | 10605323 |
| Total assets as of the beginning of the plan year | 2022-09-07 | 10488015 |
| Value of plan covered by a fidelity bond | 2022-09-07 | 500000 |
| Participant contributions to plan in this plan year | 2022-09-07 | 299520 |
| Other expenses paid from plan in this plan year | 2022-09-07 | 0 |
| Other contributions to plan in this plan year | 2022-09-07 | 0 |
| Other income to plan in this plan year | 2022-09-07 | 1027963 |
| Plan net income in this plan year | 2022-09-07 | 117308 |
| Net assets as of the end of the plan year | 2022-09-07 | 10605323 |
| Net assets as of the beginning of the plan year | 2022-09-07 | 10488015 |
| Employer contributions to plan in this plan year | 2022-09-07 | 452092 |
| Fees paid to broker by Benefit Provider | 2022-09-07 | 7030 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-09-07 | 24411 |
| 2014 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Total income from all sources | 2014-12-31 | $595,140 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $761,854 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $757,675 |
| Total plan assets at end of year | 2014-12-31 | $5,982,091 |
| Total plan assets at beginning of year | 2014-12-31 | $6,148,805 |
| Value of fidelity bond covering the plan | 2014-12-31 | $1,500,000 |
| Total contributions received or receivable from participants | 2014-12-31 | $224,701 |
| Contributions received from other sources (not participants or employers) | 2014-12-31 | $17,434 |
| Other income received | 2014-12-31 | $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 distributions | 2014-12-31 | $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 securities | 2014-12-31 | $0 |
| 2013 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data |
|---|
| Total income from all sources | 2013-12-31 | $921,341 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $730,402 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $726,700 |
| Total plan assets at end of year | 2013-12-31 | $6,148,805 |
| Total plan assets at beginning of year | 2013-12-31 | $5,957,866 |
| Value of fidelity bond covering the plan | 2013-12-31 | $1,500,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $244,088 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $97,642 |
| Other income received | 2013-12-31 | $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 loans | 2013-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $124,719 |
| Value of corrective distributions | 2013-12-31 | $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 securities | 2013-12-31 | $0 |
| 2012 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Total income from all sources | 2012-12-31 | $746,486 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $268,857 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $267,037 |
| Total plan assets at end of year | 2012-12-31 | $5,957,866 |
| Total plan assets at beginning of year | 2012-12-31 | $5,480,237 |
| Value of fidelity bond covering the plan | 2012-12-31 | $1,500,000 |
| Total contributions received or receivable from participants | 2012-12-31 | $250,066 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $0 |
| Other income received | 2012-12-31 | $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 loans | 2012-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $138,362 |
| Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Value of corrective distributions | 2012-12-31 | $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 securities | 2012-12-31 | $0 |
| 2011 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Total income from all sources | 2011-12-31 | $278,173 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $73,936 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $70,113 |
| Total plan assets at end of year | 2011-12-31 | $5,480,237 |
| Total plan assets at beginning of year | 2011-12-31 | $5,276,000 |
| Value of fidelity bond covering the plan | 2011-12-31 | $1,500,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $259,491 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $200 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $6,856 |
| Other income received | 2011-12-31 | $-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 loans | 2011-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $151,143 |
| Value of certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of corrective distributions | 2011-12-31 | $3,623 |
| Funding deficiency by the employer to the plan for this plan year | 2011-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2011-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2011-12-31 | $0 |
| 2010 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Transfers to/from the plan | 2010-12-31 | $39 |
| Total income from all sources | 2010-12-31 | $811,697 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $285,842 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $285,592 |
| Total plan assets at end of year | 2010-12-31 | $5,276,000 |
| Total plan assets at beginning of year | 2010-12-31 | $4,750,106 |
| Value of fidelity bond covering the plan | 2010-12-31 | $1,500,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $279,158 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $250 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $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 loans | 2010-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $188,359 |
| Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of corrective distributions | 2010-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2010-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $0 |
| 2009 : AMERICAN BANK 401(K) PROFIT SHARING PLAN 2009 401k financial data |
|---|
| Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2009-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $0 |
| 2014: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2014 form 5500 responses |
|---|
| 2014-01-01 | Type of plan entity | Single employer plan |
| 2014-01-01 | Submission has been amended | No |
| 2014-01-01 | This submission is the final filing | No |
| 2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2014-01-01 | Plan is a collectively bargained plan | No |
| 2014-01-01 | Plan funding arrangement – Insurance | Yes |
| 2014-01-01 | Plan funding arrangement – Trust | Yes |
| 2014-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2013: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2013 form 5500 responses |
|---|
| 2013-01-01 | Type of plan entity | Single employer plan |
| 2013-01-01 | Submission has been amended | No |
| 2013-01-01 | This submission is the final filing | No |
| 2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2013-01-01 | Plan is a collectively bargained plan | No |
| 2013-01-01 | Plan funding arrangement – Insurance | Yes |
| 2013-01-01 | Plan funding arrangement – Trust | Yes |
| 2013-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2012: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2012 form 5500 responses |
|---|
| 2012-01-01 | Type of plan entity | Single employer plan |
| 2012-01-01 | Submission has been amended | No |
| 2012-01-01 | This submission is the final filing | No |
| 2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2012-01-01 | Plan is a collectively bargained plan | No |
| 2012-01-01 | Plan funding arrangement – Insurance | Yes |
| 2012-01-01 | Plan funding arrangement – Trust | Yes |
| 2012-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2011: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2011 form 5500 responses |
|---|
| 2011-01-01 | Type of plan entity | Single employer plan |
| 2011-01-01 | Submission has been amended | No |
| 2011-01-01 | This submission is the final filing | No |
| 2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2011-01-01 | Plan is a collectively bargained plan | No |
| 2011-01-01 | Plan funding arrangement – Insurance | Yes |
| 2011-01-01 | Plan funding arrangement – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2010: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2010 form 5500 responses |
|---|
| 2010-01-01 | Type of plan entity | Single employer plan |
| 2010-01-01 | Submission has been amended | No |
| 2010-01-01 | This submission is the final filing | No |
| 2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2010-01-01 | Plan is a collectively bargained plan | No |
| 2010-01-01 | Plan funding arrangement – Insurance | Yes |
| 2010-01-01 | Plan funding arrangement – Trust | Yes |
| 2010-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2009: AMERICAN BANK 401(K) PROFIT SHARING PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | No |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan is a collectively bargained plan | No |
| 2009-01-01 | Plan funding arrangement – Insurance | Yes |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement – Insurance | Yes |