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CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 401k Plan overview

Plan NameCASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN
Plan identification number 007

CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & 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

CASCADE FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:CASCADE FINANCIAL CORPORATION
Employer identification number (EIN):911661954
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about CASCADE FINANCIAL CORPORATION

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 2003-03-24
Company Identification Number: 602282154
Legal Registered Office Address: 3400 CAPITAL BLVD S STE 101

OLYMPIA
United States of America (USA)
985010000

More information about CASCADE FINANCIAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0072012-01-01BARBRA HYMAN
0072011-01-01DEBRAH A BRONSON
0072010-01-01DEBRAH A BRONSON
0072009-01-01DEBRAH A. BRONSON DEBRAH A. BRONSON2010-09-30

Plan Statistics for CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN

401k plan membership statisitcs for CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN

Measure Date Value
2012: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01244
Total number of active participants reported on line 7a of the Form 55002012-01-010
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-010
Number of participants with account balances2012-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01270
Total number of active participants reported on line 7a of the Form 55002011-01-01198
Number of retired or separated participants receiving benefits2011-01-016
Number of other retired or separated participants entitled to future benefits2011-01-0140
Total of all active and inactive participants2011-01-01244
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01244
Number of participants with account balances2011-01-01188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2010: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01285
Total number of active participants reported on line 7a of the Form 55002010-01-01215
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0155
Total of all active and inactive participants2010-01-01270
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01270
Number of participants with account balances2010-01-01207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0111
2009: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01285
Total number of active participants reported on line 7a of the Form 55002009-01-01239
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0146
Total of all active and inactive participants2009-01-01285
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01285
Number of participants with account balances2009-01-01215
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN

Measure Date Value
2012 : CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-13$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-13$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-13$0
Total income from all sources (including contributions)2012-12-13$717,617
Total loss/gain on sale of assets2012-12-13$0
Total of all expenses incurred2012-12-13$8,984,491
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-13$8,958,188
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-13$0
Value of total assets at end of year2012-12-13$0
Value of total assets at beginning of year2012-12-13$8,266,874
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-13$26,303
Total interest from all sources2012-12-13$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-13$37,877
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-13Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-13$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-13$37,877
Was this plan covered by a fidelity bond2012-12-13Yes
Value of fidelity bond cover2012-12-13$5,000,000
If this is an individual account plan, was there a blackout period2012-12-13No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-13$0
Were there any nonexempt tranactions with any party-in-interest2012-12-13No
Administrative expenses (other) incurred2012-12-13$26,303
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-13No
Value of net income/loss2012-12-13$-8,266,874
Value of net assets at end of year (total assets less liabilities)2012-12-13$0
Value of net assets at beginning of year (total assets less liabilities)2012-12-13$8,266,874
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-13No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-13No
Were any leases to which the plan was party in default or uncollectible2012-12-13No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-13$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-13$7,054,766
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-13$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-13$1,212,108
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-13$1,212,108
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-13$679,740
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-13No
Was there a failure to transmit to the plan any participant contributions2012-12-13No
Has the plan failed to provide any benefit when due under the plan2012-12-13No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-13$8,958,188
Did the plan have assets held for investment2012-12-13No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-13No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-13Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-13Yes
Opinion of an independent qualified public accountant for this plan2012-12-13Disclaimer
Accountancy firm name2012-12-13MOSS ADAMS, LLP
Accountancy firm EIN2012-12-13910189318
2011 : CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$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$235,465
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,011,917
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,000,539
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$345,630
Value of total assets at end of year2011-12-31$8,266,874
Value of total assets at beginning of year2011-12-31$9,043,326
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$11,378
Total interest from all sources2011-12-31$4,479
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$222,183
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$222,183
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$302,357
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$202,095
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$43,273
Administrative expenses (other) incurred2011-12-31$11,378
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$2,840
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-776,452
Value of net assets at end of year (total assets less liabilities)2011-12-31$8,266,874
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$9,043,326
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$7,054,766
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$7,583,808
Interest on participant loans2011-12-31$4,342
Value of interest in common/collective trusts at end of year2011-12-31$0
Value of interest in common/collective trusts at beginning of year2011-12-31$857,883
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$1,212,108
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$178,941
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$178,941
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$137
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-343,378
Net investment gain or loss from common/collective trusts2011-12-31$6,551
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$217,759
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,000,539
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MOSS ADAMS, LLP
Accountancy firm EIN2011-12-31910189318
2010 : CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$-606,244
Total unrealized appreciation/depreciation of assets2010-12-31$-606,244
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$6
Total income from all sources (including contributions)2010-12-31$1,193,800
Total loss/gain on sale of assets2010-12-31$-32,944
Total of all expenses incurred2010-12-31$758,290
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$748,291
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$913,747
Value of total assets at end of year2010-12-31$9,043,326
Value of total assets at beginning of year2010-12-31$8,607,822
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$9,999
Total interest from all sources2010-12-31$10,923
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$153,906
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$153,906
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$722,990
Participant contributions at end of year2010-12-31$202,095
Participant contributions at beginning of year2010-12-31$165,660
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$92,759
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$6
Administrative expenses (other) incurred2010-12-31$9,999
Total non interest bearing cash at end of year2010-12-31$2,840
Total non interest bearing cash at beginning of year2010-12-31$20,021
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$435,510
Value of net assets at end of year (total assets less liabilities)2010-12-31$9,043,326
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$8,607,816
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$7,583,808
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$6,548,800
Interest on participant loans2010-12-31$10,225
Value of interest in common/collective trusts at end of year2010-12-31$857,883
Value of interest in common/collective trusts at beginning of year2010-12-31$897,495
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$178,941
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$124,523
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$124,523
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$698
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$740,665
Net investment gain or loss from common/collective trusts2010-12-31$13,747
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$217,759
Assets. Invements in employer securities at beginning of year2010-12-31$851,323
Contributions received in cash from employer2010-12-31$97,998
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$748,291
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$125,265
Aggregate carrying amount (costs) on sale of assets2010-12-31$158,209
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31MOSS ADAMS, LLP
Accountancy firm EIN2010-12-31910189318

Form 5500 Responses for CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & PROFIT SHARING PLAN

2012: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & 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 filingYes
2012-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & 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 – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CASCADE FINANCIAL CORPORATION 401K SALARY DEFERRAL & 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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