401k Plan data: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN plan

FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN
Plan identification number	002

FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name: FRANKLIN SAVINGS BANK

Employer identification number (EIN): 020136360

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01 CAROL LARO 2022-08-03
002 2020-01-01 CAROL LARO 2021-09-26
002 2019-01-01 CAROL LARO 2020-10-15
002 2018-01-01 CAROL LARO 2019-10-08
002 2017-01-01
002 2016-01-01
002 2015-01-01
002 2014-01-01 CAROL B LARO 2015-07-15
002 2013-01-01 CAROL B LARO 2014-09-30
002 2012-01-01 CAROL B. LARO 2013-07-15
002 2011-01-01 CAROL B. LARO 2012-07-30
002 2010-01-01 CAROL B. LARO 2011-07-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01
002	2021-01-01	CAROL LARO	2022-08-03
002	2020-01-01	CAROL LARO	2021-09-26
002	2019-01-01	CAROL LARO	2020-10-15
002	2018-01-01	CAROL LARO	2019-10-08
002	2017-01-01
002	2016-01-01
002	2015-01-01
002	2014-01-01	CAROL B LARO	2015-07-15
002	2013-01-01	CAROL B LARO	2014-09-30
002	2012-01-01	CAROL B. LARO	2013-07-15
002	2011-01-01	CAROL B. LARO	2012-07-30
002	2010-01-01	CAROL B. LARO	2011-07-01

Plan Statistics for FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN

401k plan membership statisitcs for FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN

Measure Date Value
2022: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 109
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 20
Total of all active and inactive participants 2022-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 129
Number of participants with account balances 2022-01-01 123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 139
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 110
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 16
Total of all active and inactive participants 2021-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 126
Number of participants with account balances 2021-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 138
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 107
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 27
Total of all active and inactive participants 2020-01-01 134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 134
Number of participants with account balances 2020-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 107
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 22
Total of all active and inactive participants 2019-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 129
Number of participants with account balances 2019-01-01 122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 1
2018: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 108
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 12
Total of all active and inactive participants 2018-01-01 120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 120
Number of participants with account balances 2018-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 106
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 15
Total of all active and inactive participants 2017-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 121
Number of participants with account balances 2017-01-01 115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2022: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	109
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	20
Total of all active and inactive participants	2022-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	129
Number of participants with account balances	2022-01-01	123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	139
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	110
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	16
Total of all active and inactive participants	2021-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	126
Number of participants with account balances	2021-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	138
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	107
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	27
Total of all active and inactive participants	2020-01-01	134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	134
Number of participants with account balances	2020-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	107
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	22
Total of all active and inactive participants	2019-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	129
Number of participants with account balances	2019-01-01	122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	1
2018: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	108
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	12
Total of all active and inactive participants	2018-01-01	120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	120
Number of participants with account balances	2018-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	106
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	15
Total of all active and inactive participants	2017-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	121
Number of participants with account balances	2017-01-01	115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN

Measure	Date	Value
2022 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-645,103
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$494,613
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$492,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$924,685
Value of total assets at end of year	2022-12-31	$8,923,943
Value of total assets at beginning of year	2022-12-31	$10,063,659
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$2,485
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$287,572
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$287,572
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$669,615
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$22,870
Administrative expenses (other) incurred	2022-12-31	$2,485
Total non interest bearing cash at end of year	2022-12-31	$30,426
Total non interest bearing cash at beginning of year	2022-12-31	$1,510
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,139,716
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$8,923,943
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$10,063,659
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$7,436,575
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$8,823,906
Value of interest in common/collective trusts at end of year	2022-12-31	$1,455,664
Value of interest in common/collective trusts at beginning of year	2022-12-31	$1,235,439
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,874,779
Net investment gain or loss from common/collective trusts	2022-12-31	$17,419
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$232,200
Employer contributions (assets) at end of year	2022-12-31	$1,278
Employer contributions (assets) at beginning of year	2022-12-31	$2,804
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$492,128
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2022-12-31	010523282
2021 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,168,410
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$577,591
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$576,958
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$857,843
Value of total assets at end of year	2021-12-31	$10,063,659
Value of total assets at beginning of year	2021-12-31	$8,472,840
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$633
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$384,741
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$384,741
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$609,815
Participant contributions at beginning of year	2021-12-31	$20,008
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$29,535
Administrative expenses (other) incurred	2021-12-31	$633
Total non interest bearing cash at end of year	2021-12-31	$1,510
Total non interest bearing cash at beginning of year	2021-12-31	$303
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,590,819
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$10,063,659
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$8,472,840
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$8,823,906
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$7,354,128
Value of interest in common/collective trusts at end of year	2021-12-31	$1,235,439
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,088,640
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$912,684
Net investment gain or loss from common/collective trusts	2021-12-31	$13,142
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$218,493
Employer contributions (assets) at end of year	2021-12-31	$2,804
Employer contributions (assets) at beginning of year	2021-12-31	$9,761
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$576,958
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2021-12-31	010523282
2020 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,819,372
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$742,367
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$741,317
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$859,560
Value of total assets at end of year	2020-12-31	$8,472,840
Value of total assets at beginning of year	2020-12-31	$7,395,835
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$1,050
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$293,971
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$293,971
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$553,302
Participant contributions at end of year	2020-12-31	$20,008
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$93,854
Administrative expenses (other) incurred	2020-12-31	$1,050
Total non interest bearing cash at end of year	2020-12-31	$303
Total non interest bearing cash at beginning of year	2020-12-31	$27,224
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,077,005
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$8,472,840
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$7,395,835
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$7,354,128
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,766,116
Value of interest in common/collective trusts at end of year	2020-12-31	$1,088,640
Value of interest in common/collective trusts at beginning of year	2020-12-31	$599,905
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$653,968
Net investment gain or loss from common/collective trusts	2020-12-31	$11,873
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$212,404
Employer contributions (assets) at end of year	2020-12-31	$9,761
Employer contributions (assets) at beginning of year	2020-12-31	$2,590
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$741,317
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2020-12-31	010523282
2019 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$2,023,773
Total income from all sources (including contributions)	2019-12-31	$2,023,773
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$416,792
Total of all expenses incurred	2019-12-31	$416,792
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$414,843
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$414,843
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$819,387
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$819,387
Value of total assets at end of year	2019-12-31	$7,395,835
Value of total assets at end of year	2019-12-31	$7,395,835
Value of total assets at beginning of year	2019-12-31	$5,788,854
Value of total assets at beginning of year	2019-12-31	$5,788,854
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,949
Total interest from all sources	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$284,260
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$284,260
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$284,260
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$284,260
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$500,738
Contributions received from participants	2019-12-31	$500,738
Participant contributions at beginning of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$103,636
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$103,636
Administrative expenses (other) incurred	2019-12-31	$1,949
Total non interest bearing cash at end of year	2019-12-31	$27,224
Total non interest bearing cash at end of year	2019-12-31	$27,224
Total non interest bearing cash at beginning of year	2019-12-31	$974
Total non interest bearing cash at beginning of year	2019-12-31	$974
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,606,981
Value of net income/loss	2019-12-31	$1,606,981
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$7,395,835
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$7,395,835
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,788,854
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,788,854
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,766,116
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,766,116
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,211,091
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,211,091
Value of interest in common/collective trusts at end of year	2019-12-31	$599,905
Value of interest in common/collective trusts at end of year	2019-12-31	$599,905
Value of interest in common/collective trusts at beginning of year	2019-12-31	$574,108
Value of interest in common/collective trusts at beginning of year	2019-12-31	$574,108
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$909,636
Net investment gain or loss from common/collective trusts	2019-12-31	$10,490
Net investment gain or loss from common/collective trusts	2019-12-31	$10,490
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$215,013
Contributions received in cash from employer	2019-12-31	$215,013
Employer contributions (assets) at end of year	2019-12-31	$2,590
Employer contributions (assets) at end of year	2019-12-31	$2,590
Employer contributions (assets) at beginning of year	2019-12-31	$2,681
Employer contributions (assets) at beginning of year	2019-12-31	$2,681
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$414,843
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm name	2019-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2019-12-31	010523282
Accountancy firm EIN	2019-12-31	010523282
2018 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$410,303
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$968,363
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$951,261
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$727,799
Value of total assets at end of year	2018-12-31	$5,788,854
Value of total assets at beginning of year	2018-12-31	$6,346,914
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$17,102
Total interest from all sources	2018-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$274,838
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$274,838
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$4,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$431,296
Participant contributions at end of year	2018-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$89,461
Administrative expenses (other) incurred	2018-12-31	$1,425
Total non interest bearing cash at end of year	2018-12-31	$974
Total non interest bearing cash at beginning of year	2018-12-31	$450
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-558,060
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$5,788,854
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$6,346,914
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$15,677
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$5,211,091
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$5,852,588
Value of interest in common/collective trusts at end of year	2018-12-31	$574,108
Value of interest in common/collective trusts at beginning of year	2018-12-31	$490,424
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-596,666
Net investment gain or loss from common/collective trusts	2018-12-31	$4,332
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$207,042
Employer contributions (assets) at end of year	2018-12-31	$2,681
Employer contributions (assets) at beginning of year	2018-12-31	$3,452
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$951,261
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2018-12-31	010523282
2017 : FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$1,356,373
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$670,130
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$654,819
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$586,451
Value of total assets at end of year	2017-12-31	$6,346,914
Value of total assets at beginning of year	2017-12-31	$5,660,671
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$15,311
Total interest from all sources	2017-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$245,065
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$245,065
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$4,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$357,388
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$10,673
Administrative expenses (other) incurred	2017-12-31	$1,239
Total non interest bearing cash at end of year	2017-12-31	$450
Total non interest bearing cash at beginning of year	2017-12-31	$413
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$686,243
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$6,346,914
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$5,660,671
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$14,072
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$5,852,588
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$5,222,240
Value of interest in common/collective trusts at end of year	2017-12-31	$490,424
Value of interest in common/collective trusts at beginning of year	2017-12-31	$438,018
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$519,777
Net investment gain or loss from common/collective trusts	2017-12-31	$5,080
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$218,390
Employer contributions (assets) at end of year	2017-12-31	$3,452
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$654,819
Did the plan have assets held for investment	2017-12-31	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	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BERRY DUNN MCNEIL AND PARKER
Accountancy firm EIN	2017-12-31	010523282

Form 5500 Responses for FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN

2022: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FRANKLIN SAVINGS BANK 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FRANKLIN SAVINGS BANK
Employer identification number (EIN):	020136360
NAIC Classification:	522120
NAIC Description:	Savings Institutions