401k Plan data: COLONIAL BANK, FSB 401(K) SAVINGS PLAN plan

COLONIAL BANK, FSB 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	COLONIAL BANK, FSB 401(K) SAVINGS PLAN
Plan identification number	005

COLONIAL BANK, FSB 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined 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.

401k Sponsoring company profile

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

Company Name: CAPE BANK

Employer identification number (EIN): 210600992

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COLONIAL BANK, FSB 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2016-01-01 ANGIE HICKMAN
005 2015-01-01 ANGIE HICKMAN
005 2014-01-01 GUY HACKNEY

Plan id#	Filing Submission Date	Name of Administrator
005	2016-01-01	ANGIE HICKMAN
005	2015-01-01	ANGIE HICKMAN
005	2014-01-01	GUY HACKNEY

Plan Statistics for COLONIAL BANK, FSB 401(K) SAVINGS PLAN

401k plan membership statisitcs for COLONIAL BANK, FSB 401(K) SAVINGS PLAN

Measure Date Value
2016: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
2015: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 119
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 83
Total of all active and inactive participants 2015-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 83
Number of participants with account balances 2015-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 114
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 95
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 24
Total of all active and inactive participants 2014-01-01 119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 119
Number of participants with account balances 2014-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 4

Measure	Date	Value
2016: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
2015: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	119
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	83
Total of all active and inactive participants	2015-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	83
Number of participants with account balances	2015-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	114
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	95
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	24
Total of all active and inactive participants	2014-01-01	119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	119
Number of participants with account balances	2014-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	4

Financial Data on COLONIAL BANK, FSB 401(K) SAVINGS PLAN

Measure	Date	Value
2016 : COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2016 401k financial data
Total income from all sources	2016-11-30	$143,432
Expenses. Total of all expenses incurred	2016-11-30	$2,982,904
Benefits paid (including direct rollovers)	2016-11-30	$2,975,683
Total plan assets at end of year	2016-11-30	$0
Total plan assets at beginning of year	2016-11-30	$2,839,472
Value of fidelity bond covering the plan	2016-11-30	$1,500,000
Expenses. Other expenses not covered elsewhere	2016-11-30	$6,015
Other income received	2016-11-30	$143,432
Net income (gross income less expenses)	2016-11-30	$-2,839,472
Net plan assets at end of year (total assets less liabilities)	2016-11-30	$0
Net plan assets at beginning of year (total assets less liabilities)	2016-11-30	$2,839,472
Expenses. Administrative service providers (salaries,fees and commissions)	2016-11-30	$1,206
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-11-30	$0
2015 : COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$489,733
Expenses. Total of all expenses incurred	2015-12-31	$1,175,511
Benefits paid (including direct rollovers)	2015-12-31	$1,168,502
Total plan assets at end of year	2015-12-31	$2,839,472
Total plan assets at beginning of year	2015-12-31	$3,525,250
Value of fidelity bond covering the plan	2015-12-31	$1,500,000
Total contributions received or receivable from participants	2015-12-31	$52,519
Expenses. Other expenses not covered elsewhere	2015-12-31	$1,771
Other income received	2015-12-31	$412,710
Net income (gross income less expenses)	2015-12-31	$-685,778
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,839,472
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$3,525,250
Assets. Value of participant loans	2015-12-31	$69,672
Assets. Value of employer securities	2015-12-31	$1,409,400
Total contributions received or receivable from employer(s)	2015-12-31	$24,504
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$5,238
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2014 : COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$531,539
Expenses. Total of all expenses incurred	2014-12-31	$798,310
Benefits paid (including direct rollovers)	2014-12-31	$791,199
Total plan assets at end of year	2014-12-31	$3,525,250
Total plan assets at beginning of year	2014-12-31	$3,792,021
Value of fidelity bond covering the plan	2014-12-31	$1,500,000
Total contributions received or receivable from participants	2014-12-31	$207,530
Expenses. Other expenses not covered elsewhere	2014-12-31	$2,190
Contributions received from other sources (not participants or employers)	2014-12-31	$88,882
Other income received	2014-12-31	$148,460
Net income (gross income less expenses)	2014-12-31	$-266,771
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$3,525,250
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$3,792,021
Assets. Value of participant loans	2014-12-31	$143,275
Assets. Value of employer securities	2014-12-31	$1,204,229
Total contributions received or receivable from employer(s)	2014-12-31	$86,667
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$4,921
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0

Form 5500 Responses for COLONIAL BANK, FSB 401(K) SAVINGS PLAN

2016: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: COLONIAL BANK, FSB 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CAPE BANK
Employer identification number (EIN):	210600992
NAIC Classification:	522110
NAIC Description:	Commercial Banking