STERLING NATIONAL BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2019 : ASTORIA BANK 401(K) PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2019-01-07 | $-29,734,628 |
Total unrealized appreciation/depreciation of assets | 2019-01-07 | $-29,734,628 |
Total transfer of assets from this plan | 2019-01-07 | $182,935,506 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-01-07 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-01-07 | $0 |
Total income from all sources (including contributions) | 2019-01-07 | $3,715,606 |
Total loss/gain on sale of assets | 2019-01-07 | $31,480,007 |
Total of all expenses incurred | 2019-01-07 | $340,416 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-01-07 | $347,772 |
Expenses. Certain deemed distributions of participant loans | 2019-01-07 | $-7,446 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-01-07 | $0 |
Value of total assets at end of year | 2019-01-07 | $0 |
Value of total assets at beginning of year | 2019-01-07 | $179,560,316 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-01-07 | $90 |
Total interest from all sources | 2019-01-07 | $17,544 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-01-07 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-01-07 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-01-07 | $0 |
Was this plan covered by a fidelity bond | 2019-01-07 | Yes |
Value of fidelity bond cover | 2019-01-07 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2019-01-07 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-01-07 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-01-07 | No |
Participant contributions at end of year | 2019-01-07 | $0 |
Participant contributions at beginning of year | 2019-01-07 | $3,464,533 |
Assets. Other investments not covered elsewhere at end of year | 2019-01-07 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-01-07 | $1,792,451 |
Administrative expenses (other) incurred | 2019-01-07 | $90 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-01-07 | No |
Value of net income/loss | 2019-01-07 | $3,375,190 |
Value of net assets at end of year (total assets less liabilities) | 2019-01-07 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-01-07 | $179,560,316 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-01-07 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-01-07 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-01-07 | No |
Value of interest in pooled separate accounts at end of year | 2019-01-07 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2019-01-07 | $84,087,711 |
Interest earned on other investments | 2019-01-07 | $17,544 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-01-07 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-01-07 | $39,916,857 |
Net investment gain/loss from pooled separate accounts | 2019-01-07 | $1,952,683 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-01-07 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-01-07 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-01-07 | No |
Assets. Invements in employer securities at end of year | 2019-01-07 | $0 |
Assets. Invements in employer securities at beginning of year | 2019-01-07 | $50,277,769 |
Employer contributions (assets) at end of year | 2019-01-07 | $0 |
Employer contributions (assets) at beginning of year | 2019-01-07 | $20,995 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-01-07 | $347,772 |
Did the plan have assets held for investment | 2019-01-07 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-01-07 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-01-07 | Yes |
Aggregate proceeds on sale of assets | 2019-01-07 | $52,044,143 |
Aggregate carrying amount (costs) on sale of assets | 2019-01-07 | $20,564,136 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-01-07 | No |
Opinion of an independent qualified public accountant for this plan | 2019-01-07 | Unqualified |
Accountancy firm name | 2019-01-07 | BUCHBINDER TUNICK & COMPANY LLP |
Accountancy firm EIN | 2019-01-07 | 131578842 |
2018 : ASTORIA BANK 401(K) PLAN 2018 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-43,901,766 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-43,901,766 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-23,507,923 |
Total loss/gain on sale of assets | 2018-12-31 | $16,999,430 |
Total of all expenses incurred | 2018-12-31 | $57,539,151 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $57,214,545 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $43,244 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $7,766,084 |
Value of total assets at end of year | 2018-12-31 | $179,560,316 |
Value of total assets at beginning of year | 2018-12-31 | $260,607,390 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $281,362 |
Total interest from all sources | 2018-12-31 | $1,108,134 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $1,007,811 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $50,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $7,727,380 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $4,953,569 |
Participant contributions at end of year | 2018-12-31 | $3,464,533 |
Participant contributions at beginning of year | 2018-12-31 | $4,214,320 |
Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $1,792,451 |
Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $2,156,282 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $123,280 |
Administrative expenses (other) incurred | 2018-12-31 | $281,362 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-81,047,074 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $179,560,316 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $260,607,390 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $84,087,711 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $103,064,355 |
Interest on participant loans | 2018-12-31 | $138,123 |
Interest earned on other investments | 2018-12-31 | $970,011 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $39,916,857 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $51,411,077 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-6,487,616 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Assets. Invements in employer securities at end of year | 2018-12-31 | $50,277,769 |
Assets. Invements in employer securities at beginning of year | 2018-12-31 | $99,639,946 |
Contributions received in cash from employer | 2018-12-31 | $2,689,235 |
Employer contributions (assets) at end of year | 2018-12-31 | $20,995 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $121,410 |
Income. Dividends from common stock | 2018-12-31 | $1,007,811 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $57,214,545 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $23,962,039 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $6,962,609 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
Accountancy firm name | 2018-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
Accountancy firm EIN | 2018-12-31 | 131578842 |