401k Plan data: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN plan

SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN
Plan identification number	001

SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined 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.

401k Sponsoring company profile

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

Company Name: SECURITY STATE BANK

Employer identification number (EIN): 910404520

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about SECURITY STATE BANK

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division

Incorporation Date: 1903-12-26

Company Identification Number: 212003457

More information about SECURITY STATE BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 CHERI L. WILDER
001 2010-01-01 CHERI L. WILDER
001 2009-01-01 CHERI WILDER

Plan id#	Filing Submission Date	Name of Administrator
001	2011-01-01	CHERI L. WILDER
001	2010-01-01	CHERI L. WILDER
001	2009-01-01	CHERI WILDER

Plan Statistics for SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN

401k plan membership statisitcs for SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN

Measure Date Value
2011: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 140
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 111
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 17
Total of all active and inactive participants 2011-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 128
Number of participants with account balances 2011-01-01 114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2010: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 142
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 120
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 20
Total of all active and inactive participants 2010-01-01 140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 140
Number of participants with account balances 2010-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 160
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 127
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 19
Total of all active and inactive participants 2009-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 146
Number of participants with account balances 2009-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2011: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	140
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	111
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	17
Total of all active and inactive participants	2011-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	128
Number of participants with account balances	2011-01-01	114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2010: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	142
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	120
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	20
Total of all active and inactive participants	2010-01-01	140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	140
Number of participants with account balances	2010-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	160
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	127
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	19
Total of all active and inactive participants	2009-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	146
Number of participants with account balances	2009-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN

Measure	Date	Value
2011 : SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$336,206
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$777,968
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$718,867
Value of total corrective distributions	2011-12-31	$3,785
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$308,088
Value of total assets at end of year	2011-12-31	$9,330,114
Value of total assets at beginning of year	2011-12-31	$9,771,876
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$55,316
Total interest from all sources	2011-12-31	$10
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$3,500,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$308,088
Participant contributions at end of year	2011-12-31	$10,899
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-441,762
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$9,330,114
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$9,771,876
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$154,392
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$179,780
Value of interest in common/collective trusts at end of year	2011-12-31	$8,871,932
Value of interest in common/collective trusts at beginning of year	2011-12-31	$9,510,836
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$292,891
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$81,260
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$81,260
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$10
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$4,650
Net investment gain or loss from common/collective trusts	2011-12-31	$23,458
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$718,867
Contract administrator fees	2011-12-31	$55,316
Did the plan have assets held for investment	2011-12-31	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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	MOSS ADAMS
Accountancy firm EIN	2011-12-31	910189318
2010 : SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$12,534
Total income from all sources (including contributions)	2010-12-31	$1,370,495
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$576,690
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$525,350
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$293,647
Value of total assets at end of year	2010-12-31	$9,771,876
Value of total assets at beginning of year	2010-12-31	$8,990,605
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$51,340
Total interest from all sources	2010-12-31	$26
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$3,500,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$293,647
Participant contributions at beginning of year	2010-12-31	$12,526
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$12,534
Total non interest bearing cash at beginning of year	2010-12-31	$8
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$793,805
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$9,771,876
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$8,978,071
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$179,780
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$117,569
Value of interest in common/collective trusts at end of year	2010-12-31	$9,510,836
Value of interest in common/collective trusts at beginning of year	2010-12-31	$8,777,547
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$81,260
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$82,955
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$82,955
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$26
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$16,498
Net investment gain or loss from common/collective trusts	2010-12-31	$1,060,324
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Employer contributions (assets) at beginning of year	2010-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$525,350
Contract administrator fees	2010-12-31	$51,340
Did the plan have assets held for investment	2010-12-31	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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MOSS ADAMS
Accountancy firm EIN	2010-12-31	910189318
2009 : SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS PLAN

2011: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS 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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS 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 – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SECURITY STATE BANK AND SECURITY STATE MORTGAGE CO 401(K) SAVINGS 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 – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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

Company Name:	SECURITY STATE BANK
Employer identification number (EIN):	910404520
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Washington Secretary of State Corporations Division
Incorporation Date:	1903-12-26
Company Identification Number:	212003457