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THE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN
Plan identification number 001

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

Company Name:THE FIRST NATIONAL BANK OF ELY
Employer identification number (EIN):880029675
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KATIE ROZICH2024-06-20
0012022-01-01KATIE ROZICH2023-05-30 KATIE ROZICH2023-05-30
0012021-01-01KATIE GIANOLI ROZICH2022-05-05 KATIE GIANOLI ROZICH2022-05-05
0012020-01-01KATIE G. ROZICH2021-08-30
0012019-01-01JACKI HANSEN2020-07-24 JACKI HANSEN2020-07-24
0012018-01-01JACKI HANSEN2019-07-15 JACKI HANSEN2019-07-15
0012017-01-01JACKI HANSEN2018-10-08 JACKI HANSEN2018-10-08
0012016-01-01KATIE GIANOLI2017-10-10 KATIE GIANOLI2017-10-10
0012015-01-01JACKI HANSEN2016-09-07 JACKI HANSEN2016-09-07
0012014-01-01JACKI HANSEN2015-10-12 JACKI HANSEN2015-10-12
0012013-01-01JACKI HANSEN2014-03-27 JACKI HANSEN2014-03-27
0012012-01-01JACKI HANSEN2013-06-07 JACKI HANSEN2013-06-07
0012011-01-01JACKI HANSEN2012-04-04
0012010-01-01JOHN C. GIANOLI2011-03-08 JOHN C. GIANOLI2011-03-08

Financial Data on THE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN

Measure Date Value
2025 : THE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-06-160
Total expenses incurred by plan in this plan year2025-06-1675294
Net assets as of the end of the plan year2025-06-164321206
Total assets as of the beginning of the plan year2025-06-163826871
Value of plan covered by a fidelity bond2025-06-161000000
Participant contributions to plan in this plan year2025-06-1691592
Other income to plan in this plan year2025-06-16412042
Plan net income in this plan year2025-06-16494335
Net assets as of the end of the plan year2025-06-164321206
Net assets as of the beginning of the plan year2025-06-163826871
Employer contributions to plan in this plan year2025-06-1665995
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-162052
2024 : THE FIRST NATIONAL BANK OF ELY PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-06-200
Total expenses incurred by plan in this plan year2024-06-2055758
Net assets as of the end of the plan year2024-06-203826871
Total assets as of the beginning of the plan year2024-06-203207875
Value of plan covered by a fidelity bond2024-06-201000000
Participant contributions to plan in this plan year2024-06-2097182
Other income to plan in this plan year2024-06-20508190
Plan net income in this plan year2024-06-20618996
Net assets as of the end of the plan year2024-06-203826871
Net assets as of the beginning of the plan year2024-06-203207875
Employer contributions to plan in this plan year2024-06-2069382
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-20162

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