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POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NamePOLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 006

POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 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.

401k Sponsoring company profile

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

Company Name:PRUDENTIAL SAVINGS BANK
Employer identification number (EIN):231107072
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about PRUDENTIAL SAVINGS BANK

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C0671844

More information about PRUDENTIAL SAVINGS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0062017-01-01

Financial Data on POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2017 : POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$1,414,114
Total income from all sources2017-12-31$273,319
Expenses. Total of all expenses incurred2017-12-31$1,536,795
Benefits paid (including direct rollovers)2017-12-31$1,529,828
Total plan assets at end of year2017-12-31$0
Total plan assets at beginning of year2017-12-31$2,677,590
Other income received2017-12-31$273,319
Net income (gross income less expenses)2017-12-31$-1,263,476
Net plan assets at end of year (total assets less liabilities)2017-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,263,476
Assets. Value of employer securities2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$6,967
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0

Form 5500 Responses for POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN

2017: POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN 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 filingYes
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

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