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SAVIBANK 401(K) RETIREMENT PLAN & TRUST 401k Plan overview

Plan NameSAVIBANK 401(K) RETIREMENT PLAN & TRUST
Plan identification number 001

SAVIBANK 401(K) RETIREMENT PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

SAVIBANK has sponsored the creation of one or more 401k plans.

Company Name:SAVIBANK
Employer identification number (EIN):202414781
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAVIBANK 401(K) RETIREMENT PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01ANDY HUNTER
0012016-01-01ANDY HUNTER
0012015-01-01ANDY HUNTER
0012015-01-01ANDY HUNTER
0012015-01-01ANDY HUNTER2016-07-28
0012014-01-01ANDREW HUNTER
0012014-01-01ANDREW HUNTER
0012013-01-01ANDREW HUNTER
0012012-01-01ROB WOODS
0012011-01-01ROB WOODS
0012009-01-01ROB WOODS ROB WOODS2010-05-06

Plan Statistics for SAVIBANK 401(K) RETIREMENT PLAN & TRUST

401k plan membership statisitcs for SAVIBANK 401(K) RETIREMENT PLAN & TRUST

Measure Date Value
2022: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01144
Total number of active participants reported on line 7a of the Form 55002022-01-01149
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-0113
Total of all active and inactive participants2022-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01163
Number of participants with account balances2022-01-01139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01107
Total number of active participants reported on line 7a of the Form 55002021-01-0198
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0119
Total of all active and inactive participants2021-01-01117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01117
Number of participants with account balances2021-01-0197
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-0199
Total number of active participants reported on line 7a of the Form 55002020-01-01109
Number of retired or separated participants receiving benefits2020-01-0112
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01121
Number of participants with account balances2020-01-0190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0173
Total number of active participants reported on line 7a of the Form 55002019-01-0179
Number of retired or separated participants receiving benefits2019-01-0120
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-0199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0199
Number of participants with account balances2019-01-0188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0164
Total number of active participants reported on line 7a of the Form 55002018-01-0168
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0173
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0173
Number of participants with account balances2018-01-0166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0167
Total number of active participants reported on line 7a of the Form 55002017-01-0152
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0115
Total of all active and inactive participants2017-01-0167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0167
Number of participants with account balances2017-01-0158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0157
Total number of active participants reported on line 7a of the Form 55002016-01-0151
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0156
Number of participants with account balances2016-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0140
Total number of active participants reported on line 7a of the Form 55002015-01-0150
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0150
Number of participants with account balances2015-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0143
Total number of active participants reported on line 7a of the Form 55002014-01-0138
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0143
Number of participants with account balances2014-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2013: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0127
Total number of active participants reported on line 7a of the Form 55002013-01-0139
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0143
Number of participants with account balances2013-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0127
Total number of active participants reported on line 7a of the Form 55002012-01-0125
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0127
Number of participants with account balances2012-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0125
Total number of active participants reported on line 7a of the Form 55002011-01-0124
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0127
Number of participants with account balances2011-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0139
Total number of active participants reported on line 7a of the Form 55002009-01-0126
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0132
Total participants2009-01-0132
Number of participants with account balances2009-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on SAVIBANK 401(K) RETIREMENT PLAN & TRUST

Measure Date Value
2022 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$1,376,766
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$743,429
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$708,898
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,579,491
Value of total assets at end of year2022-12-31$7,214,470
Value of total assets at beginning of year2022-12-31$6,581,133
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$34,531
Total interest from all sources2022-12-31$2,452
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$882,647
Participant contributions at end of year2022-12-31$34,447
Participant contributions at beginning of year2022-12-31$45,359
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,320,769
Total non interest bearing cash at end of year2022-12-31$3,749
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$633,337
Value of net assets at end of year (total assets less liabilities)2022-12-31$7,214,470
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,581,133
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$34,531
Value of interest in pooled separate accounts at end of year2022-12-31$6,702,028
Value of interest in pooled separate accounts at beginning of year2022-12-31$5,964,692
Interest on participant loans2022-12-31$2,452
Value of interest in common/collective trusts at end of year2022-12-31$226
Value of interest in common/collective trusts at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,205,177
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$474,020
Assets. Invements in employer securities at beginning of year2022-12-31$571,082
Contributions received in cash from employer2022-12-31$376,075
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$708,898
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31VSH, PLLC
Accountancy firm EIN2022-12-31454122247
2021 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2021 401k financial data
Total income from all sources2021-12-31$2,139,872
Expenses. Total of all expenses incurred2021-12-31$375,739
Benefits paid (including direct rollovers)2021-12-31$356,745
Total plan assets at end of year2021-12-31$6,581,133
Total plan assets at beginning of year2021-12-31$4,817,000
Value of fidelity bond covering the plan2021-12-31$1,000,000
Total contributions received or receivable from participants2021-12-31$483,735
Contributions received from other sources (not participants or employers)2021-12-31$661,610
Other income received2021-12-31$770,662
Net income (gross income less expenses)2021-12-31$1,764,133
Net plan assets at end of year (total assets less liabilities)2021-12-31$6,581,133
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,817,000
Assets. Value of participant loans2021-12-31$45,359
Assets. Value of employer securities2021-12-31$571,082
Total contributions received or receivable from employer(s)2021-12-31$223,865
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$18,994
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2020 401k financial data
Total income from all sources2020-12-31$1,177,123
Expenses. Total of all expenses incurred2020-12-31$142,132
Benefits paid (including direct rollovers)2020-12-31$127,128
Total plan assets at end of year2020-12-31$4,817,000
Total plan assets at beginning of year2020-12-31$3,782,009
Value of fidelity bond covering the plan2020-12-31$1,000,000
Total contributions received or receivable from participants2020-12-31$451,469
Expenses. Other expenses not covered elsewhere2020-12-31$15,004
Other income received2020-12-31$508,283
Net income (gross income less expenses)2020-12-31$1,034,991
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,817,000
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$3,782,009
Assets. Value of participant loans2020-12-31$32,639
Assets. Value of employer securities2020-12-31$459,913
Total contributions received or receivable from employer(s)2020-12-31$217,371
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2019 401k financial data
Total income from all sources2019-12-31$511,802
Expenses. Total of all expenses incurred2019-12-31$6,621
Benefits paid (including direct rollovers)2019-12-31$3,477
Total plan assets at end of year2019-12-31$3,782,009
Total plan assets at beginning of year2019-12-31$3,276,828
Value of fidelity bond covering the plan2019-12-31$1,000,000
Total contributions received or receivable from participants2019-12-31$340,176
Contributions received from other sources (not participants or employers)2019-12-31$19,712
Other income received2019-12-31$-25,009
Net income (gross income less expenses)2019-12-31$505,181
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,782,009
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,276,828
Assets. Value of participant loans2019-12-31$12,944
Assets. Value of employer securities2019-12-31$657,421
Total contributions received or receivable from employer(s)2019-12-31$176,923
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$3,144
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2018 401k financial data
Total income from all sources2018-12-31$1,509,839
Expenses. Total of all expenses incurred2018-12-31$197,693
Benefits paid (including direct rollovers)2018-12-31$191,510
Total plan assets at end of year2018-12-31$3,276,828
Total plan assets at beginning of year2018-12-31$1,964,682
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$306,012
Contributions received from other sources (not participants or employers)2018-12-31$391,788
Other income received2018-12-31$708,805
Net income (gross income less expenses)2018-12-31$1,312,146
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,276,828
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,964,682
Assets. Value of participant loans2018-12-31$4,224
Assets. Value of employer securities2018-12-31$1,264,310
Total contributions received or receivable from employer(s)2018-12-31$103,234
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$6,183
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2017 401k financial data
Total income from all sources2017-12-31$759,567
Expenses. Total of all expenses incurred2017-12-31$135,482
Benefits paid (including direct rollovers)2017-12-31$112,371
Total plan assets at end of year2017-12-31$1,964,682
Total plan assets at beginning of year2017-12-31$1,340,597
Value of fidelity bond covering the plan2017-12-31$1,000,000
Total contributions received or receivable from participants2017-12-31$261,863
Contributions received from other sources (not participants or employers)2017-12-31$52,424
Other income received2017-12-31$364,177
Net income (gross income less expenses)2017-12-31$624,085
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,964,682
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,340,597
Assets. Value of participant loans2017-12-31$6,107
Assets. Value of employer securities2017-12-31$564,307
Total contributions received or receivable from employer(s)2017-12-31$81,103
Value of certain deemed distributions of participant loans2017-12-31$17,518
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$5,593
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total income from all sources2016-12-31$535,117
Expenses. Total of all expenses incurred2016-12-31$196,050
Benefits paid (including direct rollovers)2016-12-31$195,625
Total plan assets at end of year2016-12-31$1,340,597
Total plan assets at beginning of year2016-12-31$1,001,530
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$231,500
Contributions received from other sources (not participants or employers)2016-12-31$146,296
Other income received2016-12-31$90,341
Net income (gross income less expenses)2016-12-31$339,067
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,340,597
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,001,530
Assets. Value of participant loans2016-12-31$20,640
Assets. Value of employer securities2016-12-31$255,034
Total contributions received or receivable from employer(s)2016-12-31$66,980
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$425
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2015 401k financial data
Total income from all sources2015-12-31$326,312
Expenses. Total of all expenses incurred2015-12-31$94,393
Benefits paid (including direct rollovers)2015-12-31$93,893
Total plan assets at end of year2015-12-31$1,001,530
Total plan assets at beginning of year2015-12-31$769,611
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$171,346
Contributions received from other sources (not participants or employers)2015-12-31$102,500
Other income received2015-12-31$103,336
Net income (gross income less expenses)2015-12-31$231,919
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,001,530
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$769,611
Assets. Value of participant loans2015-12-31$3,267
Assets. Value of employer securities2015-12-31$249,722
Total contributions received or receivable from employer(s)2015-12-31$51,630
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$500
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2014 401k financial data
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$268,770
Expenses. Total of all expenses incurred2014-12-31$27,602
Benefits paid (including direct rollovers)2014-12-31$27,152
Total plan assets at end of year2014-12-31$759,548
Total plan assets at beginning of year2014-12-31$518,380
Value of fidelity bond covering the plan2014-12-31$50,000
Total contributions received or receivable from participants2014-12-31$105,513
Expenses. Other expenses not covered elsewhere2014-12-31$450
Contributions received from other sources (not participants or employers)2014-12-31$115,875
Other income received2014-12-31$18,596
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$241,168
Net plan assets at end of year (total assets less liabilities)2014-12-31$759,548
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$518,380
Assets. Value of participant loans2014-12-31$2,153
Assets. Value of employer securities2014-12-31$130,269
Total contributions received or receivable from employer(s)2014-12-31$28,786
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$156,577
Expenses. Total of all expenses incurred2013-12-31$10,200
Benefits paid (including direct rollovers)2013-12-31$9,340
Total plan assets at end of year2013-12-31$518,380
Total plan assets at beginning of year2013-12-31$372,003
Value of fidelity bond covering the plan2013-12-31$35,000
Total contributions received or receivable from participants2013-12-31$63,204
Expenses. Other expenses not covered elsewhere2013-12-31$860
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$81,735
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$146,377
Net plan assets at end of year (total assets less liabilities)2013-12-31$518,380
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$372,003
Assets. Value of participant loans2013-12-31$3,955
Assets. Value of employer securities2013-12-31$17,200
Total contributions received or receivable from employer(s)2013-12-31$11,638
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$81,912
Expenses. Total of all expenses incurred2012-12-31$15,070
Benefits paid (including direct rollovers)2012-12-31$13,100
Total plan assets at end of year2012-12-31$372,003
Total plan assets at beginning of year2012-12-31$305,161
Value of fidelity bond covering the plan2012-12-31$40,000
Total contributions received or receivable from participants2012-12-31$39,520
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$42,392
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$66,842
Net plan assets at end of year (total assets less liabilities)2012-12-31$372,003
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$305,161
Assets. Value of employer securities2012-12-31$18,812
Total contributions received or receivable from employer(s)2012-12-31$0
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,970
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2011 401k financial data
Total income from all sources2011-12-31$31,279
Expenses. Total of all expenses incurred2011-12-31$28,726
Benefits paid (including direct rollovers)2011-12-31$28,076
Total plan assets at end of year2011-12-31$305,161
Total plan assets at beginning of year2011-12-31$302,608
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$32,761
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-1,482
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$2,553
Net plan assets at end of year (total assets less liabilities)2011-12-31$305,161
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$302,608
Assets. Value of employer securities2011-12-31$17,400
Total contributions received or receivable from employer(s)2011-12-31$0
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$650
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2010 401k financial data
Total income from all sources2010-12-31$81,601
Expenses. Total of all expenses incurred2010-12-31$211,563
Benefits paid (including direct rollovers)2010-12-31$210,588
Total plan assets at end of year2010-12-31$302,608
Total plan assets at beginning of year2010-12-31$432,570
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$48,761
Other income received2010-12-31$32,840
Net income (gross income less expenses)2010-12-31$-129,962
Net plan assets at end of year (total assets less liabilities)2010-12-31$302,608
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$432,570
Assets. Value of employer securities2010-12-31$17,400
Total contributions received or receivable from employer(s)2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$975
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for SAVIBANK 401(K) RETIREMENT PLAN & TRUST

2022: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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 filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedYes
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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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: SAVIBANK 401(K) RETIREMENT PLAN & TRUST 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

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG39592
Policy instance 1
Insurance contract or identification numberG39592
Number of Individuals Covered136
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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