ROCKLAND TRUST COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 656 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 0 |
| 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 | 0 |
| Total of all active and inactive participants | 2022-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 0 |
| Number of participants with account balances | 2022-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 693 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 255 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 15 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 383 |
| Total of all active and inactive participants | 2021-01-01 | 653 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 3 |
| Total participants | 2021-01-01 | 656 |
| Number of participants with account balances | 2021-01-01 | 656 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| 2015: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 86 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 0 |
| Total of all active and inactive participants | 2015-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 0 |
| Total participants | 2015-01-01 | 0 |
| Number of participants with account balances | 2015-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
| 2014: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 87 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 76 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 9 |
| Total of all active and inactive participants | 2014-01-01 | 86 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 0 |
| Total participants | 2014-01-01 | 86 |
| Number of participants with account balances | 2014-01-01 | 72 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 1 |
| 2011: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 162 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 0 |
| 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 | 0 |
| Total of all active and inactive participants | 2011-01-01 | 0 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 0 |
| Total participants | 2011-01-01 | 0 |
| Number of participants with account balances | 2011-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
| 2009: PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 162 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 69 |
| 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 | 93 |
| Total of all active and inactive participants | 2009-01-01 | 162 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
| Total participants | 2009-01-01 | 162 |
| Number of participants with account balances | 2009-01-01 | 162 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2022 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-14 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-14 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-14 | $0 |
| Total income from all sources (including contributions) | 2022-12-14 | $2,987,116 |
| Total loss/gain on sale of assets | 2022-12-14 | $2,258,841 |
| Total of all expenses incurred | 2022-12-14 | $63,261,470 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-14 | $63,261,470 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-14 | $0 |
| Value of total assets at end of year | 2022-12-14 | $0 |
| Value of total assets at beginning of year | 2022-12-14 | $60,274,354 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-14 | $0 |
| Total interest from all sources | 2022-12-14 | $1,402 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-14 | $726,873 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-14 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2022-12-14 | $0 |
| Was this plan covered by a fidelity bond | 2022-12-14 | Yes |
| Value of fidelity bond cover | 2022-12-14 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-14 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-14 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-14 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-14 | $339,753 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-14 | No |
| Value of net income/loss | 2022-12-14 | $-60,274,354 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-14 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-14 | $60,274,354 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-14 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-14 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-14 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-14 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-14 | $2,226,199 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-14 | $2,226,199 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-14 | $1,402 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-14 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-14 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-14 | No |
| Assets. Invements in employer securities at end of year | 2022-12-14 | $0 |
| Assets. Invements in employer securities at beginning of year | 2022-12-14 | $57,708,402 |
| Income. Dividends from common stock | 2022-12-14 | $726,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-14 | $63,261,470 |
| Did the plan have assets held for investment | 2022-12-14 | 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 | 2022-12-14 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-14 | Yes |
| Aggregate proceeds on sale of assets | 2022-12-14 | $10,990,011 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-14 | $8,731,170 |
| Liabilities. Value of acquisition indebtedness at end of year | 2022-12-14 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2022-12-14 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-14 | Unqualified |
| Accountancy firm name | 2022-12-14 | WOLF & COMPANY P.C. |
| Accountancy firm EIN | 2022-12-14 | 042689883 |
| 2021 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $26,183,692 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $26,183,692 |
| 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 | $18,153,666 |
| Expenses. Interest paid | 2021-12-31 | $496,242 |
| Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102 | 2021-12-31 | $496,242 |
| Total income from all sources (including contributions) | 2021-12-31 | $28,082,955 |
| Total loss/gain on sale of assets | 2021-12-31 | $549,384 |
| Total of all expenses incurred | 2021-12-31 | $1,615,437 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,119,195 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $200 |
| Value of total assets at end of year | 2021-12-31 | $60,274,354 |
| Value of total assets at beginning of year | 2021-12-31 | $51,960,502 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $0 |
| Total interest from all sources | 2021-12-31 | $125 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,349,554 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $339,753 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $271,945 |
| 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 |
| Income. Non cash contributions | 2021-12-31 | $200 |
| Value of net income/loss | 2021-12-31 | $26,467,518 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $60,274,354 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $33,806,836 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $2,226,199 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $1,004,695 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $1,004,695 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $125 |
| 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 |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $57,708,402 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $50,683,862 |
| Income. Dividends from common stock | 2021-12-31 | $1,349,554 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,119,195 |
| 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 |
| Aggregate proceeds on sale of assets | 2021-12-31 | $774,871 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $225,487 |
| Liabilities. Value of acquisition indebtedness at end of year | 2021-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2021-12-31 | $18,153,666 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | WOLF & COMPANY P.C. |
| Accountancy firm EIN | 2021-12-31 | 042689883 |
| 2015 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2015 401k financial data |
|---|
| Total income from all sources | 2015-10-31 | $206,352 |
| Expenses. Total of all expenses incurred | 2015-10-31 | $7,950,329 |
| Benefits paid (including direct rollovers) | 2015-10-31 | $7,930,297 |
| Total plan assets at end of year | 2015-10-31 | $0 |
| Total plan assets at beginning of year | 2015-10-31 | $7,743,977 |
| Value of fidelity bond covering the plan | 2015-10-31 | $6,000,000 |
| Total contributions received or receivable from participants | 2015-10-31 | $37,606 |
| Expenses. Other expenses not covered elsewhere | 2015-10-31 | $4,977 |
| Other income received | 2015-10-31 | $156,747 |
| Net income (gross income less expenses) | 2015-10-31 | $-7,743,977 |
| Net plan assets at end of year (total assets less liabilities) | 2015-10-31 | $0 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-10-31 | $7,743,977 |
| Total contributions received or receivable from employer(s) | 2015-10-31 | $11,999 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2015-10-31 | $15,055 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-10-31 | $0 |
| 2014 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2014 401k financial data |
|---|
| Total income from all sources | 2014-12-31 | $1,513,297 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $46,701 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $4,623 |
| Total plan assets at end of year | 2014-12-31 | $7,743,977 |
| Total plan assets at beginning of year | 2014-12-31 | $6,277,381 |
| Value of fidelity bond covering the plan | 2014-12-31 | $6,000,000 |
| Total contributions received or receivable from participants | 2014-12-31 | $246,871 |
| Expenses. Other expenses not covered elsewhere | 2014-12-31 | $3,510 |
| Contributions received from other sources (not participants or employers) | 2014-12-31 | $108,833 |
| Other income received | 2014-12-31 | $1,061,415 |
| Net income (gross income less expenses) | 2014-12-31 | $1,466,596 |
| Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $7,743,977 |
| Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $6,277,381 |
| Assets. Value of participant loans | 2014-12-31 | $215,927 |
| Assets. Value of employer securities | 2014-12-31 | $3,566,798 |
| Total contributions received or receivable from employer(s) | 2014-12-31 | $96,178 |
| Value of corrective distributions | 2014-12-31 | $620 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2014-12-31 | $37,948 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| 2011 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2011-12-14 | $0 |
| Total unrealized appreciation/depreciation of assets | 2011-12-14 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-14 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-14 | $0 |
| Total income from all sources (including contributions) | 2011-12-14 | $1,542 |
| Total loss/gain on sale of assets | 2011-12-14 | $0 |
| Total of all expenses incurred | 2011-12-14 | $27,484 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-14 | $27,484 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-14 | $1,542 |
| Value of total assets at end of year | 2011-12-14 | $0 |
| Value of total assets at beginning of year | 2011-12-14 | $25,942 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-14 | $0 |
| Total interest from all sources | 2011-12-14 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-14 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-14 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2011-12-14 | $0 |
| Was this plan covered by a fidelity bond | 2011-12-14 | Yes |
| Value of fidelity bond cover | 2011-12-14 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-14 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-14 | 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 | 2011-12-14 | No |
| Value of net income/loss | 2011-12-14 | $-25,942 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-14 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-14 | $25,942 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-14 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-14 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-14 | No |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-14 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-14 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-14 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-14 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-14 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-14 | No |
| Assets. Invements in employer securities at beginning of year | 2011-12-14 | $0 |
| Contributions received in cash from employer | 2011-12-14 | $1,542 |
| Employer contributions (assets) at end of year | 2011-12-14 | $0 |
| Employer contributions (assets) at beginning of year | 2011-12-14 | $25,942 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-14 | $27,484 |
| Did the plan have assets held for investment | 2011-12-14 | 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 | 2011-12-14 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-14 | Yes |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-14 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-14 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-14 | Unqualified |
| Accountancy firm name | 2011-12-14 | WOLF & COMPANY, P.C. |
| Accountancy firm EIN | 2011-12-14 | 042689883 |
| 2010 : PEOPLES FEDERAL SAVINGS BANK 401(K) PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $0 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $131,348 |
| Total loss/gain on sale of assets | 2010-12-31 | $96,017 |
| Total of all expenses incurred | 2010-12-31 | $898,889 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $889,495 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $9,380 |
| Value of total assets at end of year | 2010-12-31 | $25,942 |
| Value of total assets at beginning of year | 2010-12-31 | $793,483 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $9,394 |
| Total interest from all sources | 2010-12-31 | $9 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $25,942 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2010-12-31 | $0 |
| Administrative expenses professional fees incurred | 2010-12-31 | $9,394 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Other income not declared elsewhere | 2010-12-31 | $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 | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $-767,541 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $25,942 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $793,483 |
| 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 bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $41,876 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $41,876 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $9 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| 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 |
| Assets. Invements in employer securities at end of year | 2010-12-31 | $0 |
| Assets. Invements in employer securities at beginning of year | 2010-12-31 | $751,607 |
| Contributions received in cash from employer | 2010-12-31 | $9,380 |
| Employer contributions (assets) at end of year | 2010-12-31 | $25,942 |
| Income. Dividends from common stock | 2010-12-31 | $25,942 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $889,495 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 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 |
| Aggregate proceeds on sale of assets | 2010-12-31 | $96,017 |
| Liabilities. Value of acquisition indebtedness at end of year | 2010-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | WOLF & COMPANY, PC |
| Accountancy firm EIN | 2010-12-31 | 042689883 |
| 2009 : PEOPLES FEDERAL SAVINGS BANK 401(K) 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 |
