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SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 401k Plan overview

Plan NameSAVINGS INSTITUTE BANK & TRUST COMPANY ESOP
Plan identification number 003

SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

SAVINGS INSTITUTE BANK & TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name:SAVINGS INSTITUTE BANK & TRUST COMPANY
Employer identification number (EIN):060591470
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01LAURIE L. GERVAIS
0032016-01-01LAURIE L. GERVAIS
0032015-01-01LAURIE L. GERVAIS
0032014-01-01LAURIE L. GERVAIS
0032013-01-01LAURIE L. GERVAIS
0032012-01-01LAURIE L. GERVAIS
0032011-01-01LAURIE L. GERVAIS
0032009-01-01LAURIE L. GERVAIS LAURIE L. GERVAIS2010-09-09

Plan Statistics for SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP

401k plan membership statisitcs for SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP

Measure Date Value
2020: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2020 401k membership
Total participants, beginning-of-year2020-01-01375
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2019 401k membership
Total participants, beginning-of-year2019-01-01384
Total number of active participants reported on line 7a of the Form 55002019-01-01160
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-01214
Total of all active and inactive participants2019-01-01374
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01375
Number of participants with account balances2019-01-01375
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2018 401k membership
Total participants, beginning-of-year2018-01-01372
Total number of active participants reported on line 7a of the Form 55002018-01-01272
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01111
Total of all active and inactive participants2018-01-01383
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01384
Number of participants with account balances2018-01-01379
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0124
2017: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2017 401k membership
Total participants, beginning-of-year2017-01-01378
Total number of active participants reported on line 7a of the Form 55002017-01-01256
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-01115
Total of all active and inactive participants2017-01-01371
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01372
Number of participants with account balances2017-01-01365
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0123
2016: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2016 401k membership
Total participants, beginning-of-year2016-01-01373
Total number of active participants reported on line 7a of the Form 55002016-01-01276
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01101
Total of all active and inactive participants2016-01-01377
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01378
Number of participants with account balances2016-01-01369
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0135
2015: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2015 401k membership
Total participants, beginning-of-year2015-01-01380
Total number of active participants reported on line 7a of the Form 55002015-01-01272
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0199
Total of all active and inactive participants2015-01-01371
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-01373
Number of participants with account balances2015-01-01319
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0130
2014: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2014 401k membership
Total participants, beginning-of-year2014-01-01358
Total number of active participants reported on line 7a of the Form 55002014-01-01304
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0175
Total of all active and inactive participants2014-01-01379
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01380
Number of participants with account balances2014-01-01329
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0115
2013: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2013 401k membership
Total participants, beginning-of-year2013-01-01306
Total number of active participants reported on line 7a of the Form 55002013-01-01278
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0180
Total of all active and inactive participants2013-01-01358
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01358
Number of participants with account balances2013-01-01302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0112
2012: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2012 401k membership
Total participants, beginning-of-year2012-01-01298
Total number of active participants reported on line 7a of the Form 55002012-01-01237
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0168
Total of all active and inactive participants2012-01-01305
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01306
Number of participants with account balances2012-01-01296
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0115
2011: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2011 401k membership
Total participants, beginning-of-year2011-01-01301
Total number of active participants reported on line 7a of the Form 55002011-01-01245
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0152
Total of all active and inactive participants2011-01-01297
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01298
Number of participants with account balances2011-01-01291
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0122
2009: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2009 401k membership
Total participants, beginning-of-year2009-01-01317
Total number of active participants reported on line 7a of the Form 55002009-01-01278
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0169
Total of all active and inactive participants2009-01-01347
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01348
Number of participants with account balances2009-01-01316
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0148

Financial Data on SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP

Measure Date Value
2020 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-08-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-08-31$0
Total income from all sources (including contributions)2020-08-31$-1,340,850
Total loss/gain on sale of assets2020-08-31$-1,360,002
Total of all expenses incurred2020-08-31$6,417,073
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-08-31$6,416,232
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-08-31$0
Value of total assets at end of year2020-08-31$0
Value of total assets at beginning of year2020-08-31$7,757,923
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-08-31$841
Total interest from all sources2020-08-31$841
Total dividends received (eg from common stock, registered investment company shares)2020-08-31$18,311
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-08-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2020-08-31$0
Administrative expenses professional fees incurred2020-08-31$841
Was this plan covered by a fidelity bond2020-08-31Yes
Value of fidelity bond cover2020-08-31$4,000,000
If this is an individual account plan, was there a blackout period2020-08-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-08-31$0
Were there any nonexempt tranactions with any party-in-interest2020-08-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-08-31No
Value of net income/loss2020-08-31$-7,757,923
Value of net assets at end of year (total assets less liabilities)2020-08-31$0
Value of net assets at beginning of year (total assets less liabilities)2020-08-31$7,757,923
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-08-31No
Were any leases to which the plan was party in default or uncollectible2020-08-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-08-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-08-31$131,214
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-08-31$131,214
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-08-31$841
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-08-31Yes
Was there a failure to transmit to the plan any participant contributions2020-08-31No
Has the plan failed to provide any benefit when due under the plan2020-08-31No
Assets. Invements in employer securities at end of year2020-08-31$0
Assets. Invements in employer securities at beginning of year2020-08-31$7,626,709
Income. Dividends from common stock2020-08-31$18,311
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-08-31$6,416,232
Did the plan have assets held for investment2020-08-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-08-31Yes
Aggregate proceeds on sale of assets2020-08-31$-1,360,002
Opinion of an independent qualified public accountant for this plan2020-08-31Unqualified
Accountancy firm name2020-08-31WOLF & COMPANY, P.C.
Accountancy firm EIN2020-08-31042689883
2019 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$1,824,733
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$1,824,733
Total unrealized appreciation/depreciation of assets2019-12-31$1,824,733
Total unrealized appreciation/depreciation of assets2019-12-31$1,824,733
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$2,557,201
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$2,557,201
Expenses. Interest paid2019-12-31$33,672
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$33,672
Expenses. Interest paid2019-12-31$33,672
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$33,672
Total income from all sources (including contributions)2019-12-31$2,012,179
Total income from all sources (including contributions)2019-12-31$2,012,179
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$325,020
Total of all expenses incurred2019-12-31$325,020
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$271,847
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$271,847
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$0
Value of total assets at end of year2019-12-31$7,757,923
Value of total assets at end of year2019-12-31$7,757,923
Value of total assets at beginning of year2019-12-31$8,627,965
Value of total assets at beginning of year2019-12-31$8,627,965
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$19,501
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$19,501
Total interest from all sources2019-12-31$746
Total interest from all sources2019-12-31$746
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$186,700
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$186,700
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31Yes
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2019-12-31$0
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2019-12-31$0
Administrative expenses professional fees incurred2019-12-31$19,501
Administrative expenses professional fees incurred2019-12-31$19,501
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$4,000,000
Value of fidelity bond cover2019-12-31$4,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,687,159
Value of net income/loss2019-12-31$1,687,159
Value of net assets at end of year (total assets less liabilities)2019-12-31$7,757,923
Value of net assets at end of year (total assets less liabilities)2019-12-31$7,757,923
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$6,070,764
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$6,070,764
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$131,214
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$131,214
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$123
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$123
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$123
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$123
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$746
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$746
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$7,626,709
Assets. Invements in employer securities at end of year2019-12-31$7,626,709
Assets. Invements in employer securities at beginning of year2019-12-31$8,627,842
Assets. Invements in employer securities at beginning of year2019-12-31$8,627,842
Contributions received in cash from employer2019-12-31$0
Contributions received in cash from employer2019-12-31$0
Income. Dividends from common stock2019-12-31$186,700
Income. Dividends from common stock2019-12-31$186,700
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$271,847
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$271,847
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Liabilities. Value of acquisition indebtedness at end of year2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$2,557,201
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$2,557,201
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31WOLF & COMPANY, P.C.
Accountancy firm name2019-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2019-12-31042689883
Accountancy firm EIN2019-12-31042689883
2018 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-1,359,960
Total unrealized appreciation/depreciation of assets2018-12-31$-1,359,960
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,557,201
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$3,120,020
Expenses. Interest paid2018-12-31$114,311
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$114,311
Total income from all sources (including contributions)2018-12-31$-572,684
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$429,271
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$292,766
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$622,841
Value of total assets at end of year2018-12-31$8,627,965
Value of total assets at beginning of year2018-12-31$10,192,739
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$22,194
Total interest from all sources2018-12-31$592
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$163,843
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$22,194
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$4,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,001,955
Value of net assets at end of year (total assets less liabilities)2018-12-31$6,070,764
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$7,072,719
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$123
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$440
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$440
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$592
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$8,627,842
Assets. Invements in employer securities at beginning of year2018-12-31$10,192,299
Contributions received in cash from employer2018-12-31$622,841
Income. Dividends from common stock2018-12-31$163,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$292,766
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Liabilities. Value of acquisition indebtedness at end of year2018-12-31$2,557,201
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$3,120,020
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2018-12-31042689883
2017 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-495,437
Total unrealized appreciation/depreciation of assets2017-12-31$-495,437
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$3,120,020
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$3,659,294
Expenses. Interest paid2017-12-31$137,857
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$137,857
Total income from all sources (including contributions)2017-12-31$273,047
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$542,166
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$382,389
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$627,659
Value of total assets at end of year2017-12-31$10,192,739
Value of total assets at beginning of year2017-12-31$11,001,132
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$21,920
Total interest from all sources2017-12-31$244
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$140,581
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$21,920
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$4,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$30
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-269,119
Value of net assets at end of year (total assets less liabilities)2017-12-31$7,072,719
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$7,341,838
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$440
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$467
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$467
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$244
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$10,192,299
Assets. Invements in employer securities at beginning of year2017-12-31$11,000,665
Contributions received in cash from employer2017-12-31$627,629
Income. Dividends from common stock2017-12-31$140,581
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$382,389
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Liabilities. Value of acquisition indebtedness at end of year2017-12-31$3,120,020
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$3,659,294
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2017-12-31042689883
2016 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$1,223,255
Total unrealized appreciation/depreciation of assets2016-12-31$1,223,255
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$3,659,294
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$4,175,604
Expenses. Interest paid2016-12-31$160,820
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$160,820
Total income from all sources (including contributions)2016-12-31$1,971,249
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$497,680
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$316,192
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$632,772
Value of total assets at end of year2016-12-31$11,001,132
Value of total assets at beginning of year2016-12-31$10,043,873
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$20,668
Total interest from all sources2016-12-31$65
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$115,157
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$20,668
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$4,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,473,569
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,341,838
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$5,868,269
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$467
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$386
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$386
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$65
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$11,000,665
Assets. Invements in employer securities at beginning of year2016-12-31$10,043,487
Contributions received in cash from employer2016-12-31$632,772
Income. Dividends from common stock2016-12-31$115,157
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$316,192
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$3,659,294
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$4,175,604
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2016-12-31042689883
2015 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$1,705,132
Total unrealized appreciation/depreciation of assets2015-12-31$1,705,132
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$4,175,604
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$4,670,774
Expenses. Interest paid2015-12-31$181,960
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$181,960
Total income from all sources (including contributions)2015-12-31$2,451,284
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$532,500
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$331,834
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$627,990
Value of total assets at end of year2015-12-31$10,043,873
Value of total assets at beginning of year2015-12-31$8,620,259
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$18,706
Total interest from all sources2015-12-31$124
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$118,038
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$18,706
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$3,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$3,317
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,918,784
Value of net assets at end of year (total assets less liabilities)2015-12-31$5,868,269
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,949,485
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$386
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$99,287
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$99,287
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$124
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$10,043,487
Assets. Invements in employer securities at beginning of year2015-12-31$8,520,972
Contributions received in cash from employer2015-12-31$624,673
Income. Dividends from common stock2015-12-31$118,038
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$331,834
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Liabilities. Value of acquisition indebtedness at end of year2015-12-31$4,175,604
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$4,670,774
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31WOLF & COMPANY, P.C.
Accountancy firm EIN2015-12-31042689883
2014 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-564,821
Total unrealized appreciation/depreciation of assets2014-12-31$-564,821
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$4,670,774
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$5,145,286
Expenses. Interest paid2014-12-31$202,619
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$202,619
Total income from all sources (including contributions)2014-12-31$158,127
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$433,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$215,023
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$631,343
Value of total assets at end of year2014-12-31$8,620,259
Value of total assets at beginning of year2014-12-31$9,369,861
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$15,575
Total interest from all sources2014-12-31$71
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$91,534
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$15,575
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$-275,090
Value of net assets at end of year (total assets less liabilities)2014-12-31$3,949,485
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,224,575
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$99,287
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$75,738
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$75,738
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$71
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$8,520,972
Assets. Invements in employer securities at beginning of year2014-12-31$9,294,123
Contributions received in cash from employer2014-12-31$631,343
Income. Dividends from common stock2014-12-31$91,534
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$215,023
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$4,670,774
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$5,145,286
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31WOLF & COMPANY
Accountancy firm EIN2014-12-31042689883
2013 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$422,815
Total unrealized appreciation/depreciation of assets2013-12-31$422,815
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$5,145,286
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$5,600,019
Expenses. Interest paid2013-12-31$222,398
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022013-12-31$222,398
Total income from all sources (including contributions)2013-12-31$1,143,711
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$464,990
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$225,764
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$626,847
Value of total assets at end of year2013-12-31$9,369,861
Value of total assets at beginning of year2013-12-31$9,145,873
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$16,828
Total interest from all sources2013-12-31$91
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$93,958
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$16,828
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$3,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$678,721
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,224,575
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$3,545,854
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$75,738
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$54,863
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$54,863
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$91
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$9,294,123
Assets. Invements in employer securities at beginning of year2013-12-31$9,091,010
Contributions received in cash from employer2013-12-31$626,847
Income. Dividends from common stock2013-12-31$93,958
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$225,764
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Liabilities. Value of acquisition indebtedness at end of year2013-12-31$5,145,286
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$5,600,019
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31WOLF & COMPANY
Accountancy firm EIN2013-12-31042689883
2012 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$1,337,432
Total unrealized appreciation/depreciation of assets2012-12-31$1,337,432
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$5,600,019
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$6,035,181
Expenses. Interest paid2012-12-31$241,969
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022012-12-31$241,969
Total income from all sources (including contributions)2012-12-31$2,055,009
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$518,450
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$260,494
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$621,220
Value of total assets at end of year2012-12-31$9,145,873
Value of total assets at beginning of year2012-12-31$8,044,476
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$15,987
Total interest from all sources2012-12-31$203
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$96,154
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$15,987
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$16,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,536,559
Value of net assets at end of year (total assets less liabilities)2012-12-31$3,545,854
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$2,009,295
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Interest earned on other investments2012-12-31$81
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$54,863
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$36,735
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$36,735
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$9,091,010
Assets. Invements in employer securities at beginning of year2012-12-31$8,007,741
Contributions received in cash from employer2012-12-31$621,220
Income. Dividends from common stock2012-12-31$96,154
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$260,494
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Liabilities. Value of acquisition indebtedness at end of year2012-12-31$5,600,019
Liabilities. Value of acquisition indebtedness at beginning of year2012-12-31$6,035,181
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31WOLF & COMPANY
Accountancy firm EIN2012-12-31042689883
2011 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$733,277
Total unrealized appreciation/depreciation of assets2011-12-31$733,277
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$6,035,181
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$3,314,763
Expenses. Interest paid2011-12-31$256,189
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$256,189
Total income from all sources (including contributions)2011-12-31$1,447,178
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$370,418
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$99,939
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$615,873
Value of total assets at end of year2011-12-31$8,044,476
Value of total assets at beginning of year2011-12-31$4,247,298
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$14,290
Total interest from all sources2011-12-31$5
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$98,023
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$14,290
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$16,000,000
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
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$1,076,760
Value of net assets at end of year (total assets less liabilities)2011-12-31$2,009,295
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$932,535
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 bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$36,735
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$19,021
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$19,021
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$5
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$8,007,741
Assets. Invements in employer securities at beginning of year2011-12-31$4,228,277
Contributions received in cash from employer2011-12-31$615,873
Income. Dividends from common stock2011-12-31$98,023
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$99,939
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
Liabilities. Value of acquisition indebtedness at end of year2011-12-31$6,035,181
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$3,314,763
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31WOLF & COMPANY
Accountancy firm EIN2011-12-31042689883
2010 : SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$1,724,205
Total unrealized appreciation/depreciation of assets2010-12-31$1,724,205
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$3,314,763
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$3,604,784
Expenses. Interest paid2010-12-31$171,227
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$171,227
Total income from all sources (including contributions)2010-12-31$2,209,065
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$247,866
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$67,901
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$441,549
Value of total assets at end of year2010-12-31$4,247,298
Value of total assets at beginning of year2010-12-31$2,576,120
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$8,738
Total interest from all sources2010-12-31$3
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$43,308
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$8,738
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$16,000,000
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
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$1,961,199
Value of net assets at end of year (total assets less liabilities)2010-12-31$932,535
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$-1,028,664
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 bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$19,021
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$5,660
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$5,660
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$3
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$4,228,277
Assets. Invements in employer securities at beginning of year2010-12-31$2,570,460
Contributions received in cash from employer2010-12-31$441,549
Income. Dividends from common stock2010-12-31$43,308
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$67,901
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
Liabilities. Value of acquisition indebtedness at end of year2010-12-31$3,314,763
Liabilities. Value of acquisition indebtedness at beginning of year2010-12-31$3,604,784
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 name2010-12-31WOLF & COMPANY
Accountancy firm EIN2010-12-31042689883

Form 5500 Responses for SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP

2020: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 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 filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 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
2009: SAVINGS INSTITUTE BANK & TRUST COMPANY ESOP 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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