WAYNE BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : WAYNE BANK 401K PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $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 | $-1,311,452 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $992,539 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $985,978 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $1,061 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,361,521 |
Value of total assets at end of year | 2022-12-31 | $22,580,549 |
Value of total assets at beginning of year | 2022-12-31 | $24,884,540 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,500 |
Total interest from all sources | 2022-12-31 | $99,728 |
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 year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,108,957 |
Participant contributions at end of year | 2022-12-31 | $207,728 |
Participant contributions at beginning of year | 2022-12-31 | $243,155 |
Other income not declared elsewhere | 2022-12-31 | $0 |
Administrative expenses (other) incurred | 2022-12-31 | $5,500 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,303,991 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $22,580,549 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $24,884,540 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $13,848,666 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $16,016,055 |
Interest on participant loans | 2022-12-31 | $13,526 |
Interest earned on other investments | 2022-12-31 | $86,202 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $3,986,005 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $4,927,374 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $4,538,150 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $3,697,956 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-2,734,657 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-1,038,044 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $1,252,564 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $985,978 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2022-12-31 | 251616561 |
2021 : WAYNE BANK 401K PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $5,382,689 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,834,090 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,823,476 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $2,204,511 |
Value of total assets at end of year | 2021-12-31 | $24,884,540 |
Value of total assets at beginning of year | 2021-12-31 | $21,335,941 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $10,614 |
Total interest from all sources | 2021-12-31 | $98,320 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $990,232 |
Participant contributions at end of year | 2021-12-31 | $243,155 |
Participant contributions at beginning of year | 2021-12-31 | $195,562 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $103,684 |
Other income not declared elsewhere | 2021-12-31 | $29 |
Administrative expenses (other) incurred | 2021-12-31 | $10,614 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $3,548,599 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $24,884,540 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $21,335,941 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $16,016,055 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $12,719,747 |
Interest on participant loans | 2021-12-31 | $11,022 |
Interest earned on other investments | 2021-12-31 | $87,298 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $4,927,374 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $4,314,404 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $3,697,956 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $4,106,228 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $3,079,829 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $1,110,595 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,823,476 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2021-12-31 | 251616561 |
2020 : WAYNE BANK 401K PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $5,473,596 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $464,832 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $462,407 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $3,250,989 |
Value of total assets at end of year | 2020-12-31 | $21,335,941 |
Value of total assets at beginning of year | 2020-12-31 | $16,327,177 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,425 |
Total interest from all sources | 2020-12-31 | $104,685 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $3,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $856,594 |
Participant contributions at end of year | 2020-12-31 | $195,562 |
Participant contributions at beginning of year | 2020-12-31 | $180,678 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $3,420,951 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,345,789 |
Administrative expenses (other) incurred | 2020-12-31 | $2,425 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $5,008,764 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $21,335,941 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $16,327,177 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $12,719,747 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $14,023 |
Interest earned on other investments | 2020-12-31 | $90,662 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $4,314,404 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $1,333,477 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $4,106,228 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $11,392,071 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,956,698 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $161,224 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $1,048,606 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $462,407 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2020-12-31 | 251616561 |
2019 : WAYNE BANK 401K PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 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 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 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $4,431,585 |
Total income from all sources (including contributions) | 2019-12-31 | $4,431,585 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $652,676 |
Total of all expenses incurred | 2019-12-31 | $652,676 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $642,816 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $642,816 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,814,443 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,814,443 |
Value of total assets at end of year | 2019-12-31 | $16,327,177 |
Value of total assets at end of year | 2019-12-31 | $16,327,177 |
Value of total assets at beginning of year | 2019-12-31 | $12,548,268 |
Value of total assets at beginning of year | 2019-12-31 | $12,548,268 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $9,860 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $9,860 |
Total interest from all sources | 2019-12-31 | $95,736 |
Total interest from all sources | 2019-12-31 | $95,736 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $635,735 |
Contributions received from participants | 2019-12-31 | $635,735 |
Participant contributions at end of year | 2019-12-31 | $180,678 |
Participant contributions at end of year | 2019-12-31 | $180,678 |
Participant contributions at beginning of year | 2019-12-31 | $159,082 |
Participant contributions at beginning of year | 2019-12-31 | $159,082 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $3,420,951 |
Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $3,420,951 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $3,024,562 |
Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $3,024,562 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $448,415 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $448,415 |
Other income not declared elsewhere | 2019-12-31 | $-75 |
Other income not declared elsewhere | 2019-12-31 | $-75 |
Administrative expenses (other) incurred | 2019-12-31 | $9,860 |
Administrative expenses (other) incurred | 2019-12-31 | $9,860 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $3,778,909 |
Value of net income/loss | 2019-12-31 | $3,778,909 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $16,327,177 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $16,327,177 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $12,548,268 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $12,548,268 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Interest on participant loans | 2019-12-31 | $11,328 |
Interest on participant loans | 2019-12-31 | $11,328 |
Interest earned on other investments | 2019-12-31 | $84,408 |
Interest earned on other investments | 2019-12-31 | $84,408 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,333,477 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $1,333,477 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $11,392,071 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $11,392,071 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $9,364,510 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $9,364,510 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $2,416,095 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $2,416,095 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $105,386 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $105,386 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $730,293 |
Contributions received in cash from employer | 2019-12-31 | $730,293 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $114 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $114 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $642,816 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $642,816 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | Yes |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm name | 2019-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2019-12-31 | 251616561 |
Accountancy firm EIN | 2019-12-31 | 251616561 |
2018 : WAYNE BANK 401K PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
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 | $724,815 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $765,907 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $708,976 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $41,010 |
Value of total corrective distributions | 2018-12-31 | $5,161 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,327,808 |
Value of total assets at end of year | 2018-12-31 | $12,548,268 |
Value of total assets at beginning of year | 2018-12-31 | $12,589,360 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $10,760 |
Total interest from all sources | 2018-12-31 | $9,746 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
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 | $2,000,000 |
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 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $589,411 |
Participant contributions at end of year | 2018-12-31 | $159,082 |
Participant contributions at beginning of year | 2018-12-31 | $205,612 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $10,105 |
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 | $-41,092 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $12,548,268 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $12,589,360 |
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 registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $9,364,510 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $9,576,507 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $0 |
Interest on participant loans | 2018-12-31 | $9,109 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $637 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $3,024,562 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $2,805,912 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-612,739 |
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 |
Contributions received in cash from employer | 2018-12-31 | $728,292 |
Employer contributions (assets) at end of year | 2018-12-31 | $114 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $1,329 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $708,976 |
Contract administrator fees | 2018-12-31 | $10,760 |
Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
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 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2018-12-31 | 251616561 |
2017 : WAYNE BANK 401K PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $2,692,271 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $603,000 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $542,744 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $36,821 |
Value of total corrective distributions | 2017-12-31 | $14,270 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,201,383 |
Value of total assets at end of year | 2017-12-31 | $12,589,360 |
Value of total assets at beginning of year | 2017-12-31 | $10,500,089 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $9,165 |
Total interest from all sources | 2017-12-31 | $10,943 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $492,647 |
Participant contributions at end of year | 2017-12-31 | $205,612 |
Participant contributions at beginning of year | 2017-12-31 | $235,609 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $99,083 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $2,089,271 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $12,589,360 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $10,500,089 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $9,576,507 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $7,741,723 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $0 |
Interest on participant loans | 2017-12-31 | $10,991 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $-48 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $2,805,912 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $2,522,189 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,479,945 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $609,653 |
Employer contributions (assets) at end of year | 2017-12-31 | $1,329 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $568 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $542,744 |
Contract administrator fees | 2017-12-31 | $9,165 |
Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2017-12-31 | 251616561 |
2016 : WAYNE BANK 401K PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $2,427,358 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $413,627 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $407,297 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,847,999 |
Value of total assets at end of year | 2016-12-31 | $10,500,089 |
Value of total assets at beginning of year | 2016-12-31 | $8,486,358 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $6,330 |
Total interest from all sources | 2016-12-31 | $10,173 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $403,394 |
Participant contributions at end of year | 2016-12-31 | $235,609 |
Participant contributions at beginning of year | 2016-12-31 | $239,917 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $919,471 |
Other income not declared elsewhere | 2016-12-31 | $69,949 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $2,013,731 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $10,500,089 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,486,358 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $7,741,723 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $6,062,673 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $0 |
Income. Interest from loans (other than to participants) | 2016-12-31 | $10,798 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $-625 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $2,522,189 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $2,170,450 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $499,237 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $525,134 |
Employer contributions (assets) at end of year | 2016-12-31 | $568 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $13,318 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $407,297 |
Contract administrator fees | 2016-12-31 | $6,330 |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2016-12-31 | 251616561 |
2015 : WAYNE BANK 401K PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,028,042 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $654,829 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $641,432 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $7,200 |
Value of total corrective distributions | 2015-12-31 | $287 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,037,887 |
Value of total assets at end of year | 2015-12-31 | $8,486,358 |
Value of total assets at beginning of year | 2015-12-31 | $8,113,145 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $5,910 |
Total interest from all sources | 2015-12-31 | $10,124 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $5,910 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $355,177 |
Participant contributions at end of year | 2015-12-31 | $239,917 |
Participant contributions at beginning of year | 2015-12-31 | $240,655 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $225,905 |
Other income not declared elsewhere | 2015-12-31 | $55,492 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $373,213 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,486,358 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $8,113,145 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $6,062,673 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $5,913,675 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $0 |
Interest on participant loans | 2015-12-31 | $11,075 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $-951 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $2,170,450 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $1,956,602 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-75,461 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $456,805 |
Employer contributions (assets) at end of year | 2015-12-31 | $13,318 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $2,213 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $641,432 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2015-12-31 | 233060766 |
2014 : WAYNE BANK 401K PLAN 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $725 |
Total income from all sources (including contributions) | 2014-12-31 | $1,261,386 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $456,256 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $442,276 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $6,462 |
Value of total corrective distributions | 2014-12-31 | $963 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $839,635 |
Value of total assets at end of year | 2014-12-31 | $8,113,145 |
Value of total assets at beginning of year | 2014-12-31 | $7,308,740 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $6,555 |
Total interest from all sources | 2014-12-31 | $7,322 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $6,555 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $329,589 |
Participant contributions at end of year | 2014-12-31 | $240,655 |
Participant contributions at beginning of year | 2014-12-31 | $172,323 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $62,300 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $805,130 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $8,113,145 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $7,308,015 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $5,913,675 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $5,339,796 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $0 |
Interest on participant loans | 2014-12-31 | $8,188 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $-866 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $1,956,602 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $1,796,621 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $361,612 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $52,817 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $447,746 |
Employer contributions (assets) at end of year | 2014-12-31 | $2,213 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $442,276 |
Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $725 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2014-12-31 | 233060766 |
2013 : WAYNE BANK 401K PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $725 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $1,881,420 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $473,329 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $439,109 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $28,135 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $943,989 |
Value of total assets at end of year | 2013-12-31 | $7,308,740 |
Value of total assets at beginning of year | 2013-12-31 | $5,899,924 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $6,085 |
Total interest from all sources | 2013-12-31 | $7,132 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $6,085 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $331,309 |
Participant contributions at end of year | 2013-12-31 | $172,323 |
Participant contributions at beginning of year | 2013-12-31 | $203,237 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $173,319 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,408,091 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $7,308,015 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $5,899,924 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $5,339,796 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $4,049,676 |
Interest on participant loans | 2013-12-31 | $8,307 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $-1,175 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $1,796,621 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $1,646,690 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $879,253 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $51,046 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $439,361 |
Employer contributions (assets) at end of year | 2013-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $321 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $439,109 |
Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $725 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $0 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2013-12-31 | 233060766 |
2012 : WAYNE BANK 401K PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $1,228,507 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $249,774 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $244,123 |
Value of total corrective distributions | 2012-12-31 | $1,164 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $738,169 |
Value of total assets at end of year | 2012-12-31 | $5,899,924 |
Value of total assets at beginning of year | 2012-12-31 | $4,921,191 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $4,487 |
Total interest from all sources | 2012-12-31 | $8,522 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $4,487 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $316,858 |
Participant contributions at end of year | 2012-12-31 | $203,237 |
Participant contributions at beginning of year | 2012-12-31 | $239,171 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2012-12-31 | $21,223 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $978,733 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $5,899,924 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $4,921,191 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $4,049,676 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $3,281,633 |
Interest on participant loans | 2012-12-31 | $9,509 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $-987 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $1,646,690 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,397,033 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $43,413 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $438,403 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $421,311 |
Employer contributions (assets) at end of year | 2012-12-31 | $321 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $3,354 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $222,900 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2012-12-31 | 233060766 |
2011 : WAYNE BANK 401K PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $612,633 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $1,134,078 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,129,979 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $692,830 |
Value of total assets at end of year | 2011-12-31 | $4,921,191 |
Value of total assets at beginning of year | 2011-12-31 | $5,442,636 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $4,099 |
Total interest from all sources | 2011-12-31 | $6,493 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $4,099 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $291,987 |
Participant contributions at end of year | 2011-12-31 | $239,171 |
Participant contributions at beginning of year | 2011-12-31 | $258,101 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $236 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-521,445 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $4,921,191 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $5,442,636 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $3,281,633 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $3,872,987 |
Interest on participant loans | 2011-12-31 | $10,635 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $-4,142 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $1,397,033 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $1,309,117 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-86,690 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $400,607 |
Employer contributions (assets) at end of year | 2011-12-31 | $3,354 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $2,431 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,129,979 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Liabilities. Value of acquisition indebtedness at end of year | 2011-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2011-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2011-12-31 | 233060766 |
2010 : WAYNE BANK 401K PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $188 |
Total income from all sources (including contributions) | 2010-12-31 | $1,042,091 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $932,654 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $923,633 |
Expenses. Certain deemed distributions of participant loans | 2010-12-31 | $2,554 |
Value of total corrective distributions | 2010-12-31 | $3,467 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $595,651 |
Value of total assets at end of year | 2010-12-31 | $5,442,636 |
Value of total assets at beginning of year | 2010-12-31 | $5,333,387 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $3,000 |
Total interest from all sources | 2010-12-31 | $6,008 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $252,513 |
Participant contributions at end of year | 2010-12-31 | $258,101 |
Participant contributions at beginning of year | 2010-12-31 | $117,237 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $188 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $188 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $109,437 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $5,442,636 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,333,199 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $3,872,987 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,057,285 |
Interest on participant loans | 2010-12-31 | $9,705 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $-3,697 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $1,309,117 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $1,158,713 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $34,396 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $406,036 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $342,950 |
Employer contributions (assets) at end of year | 2010-12-31 | $2,431 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $152 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $923,633 |
Contract administrator fees | 2010-12-31 | $3,000 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Liabilities. Value of acquisition indebtedness at end of year | 2010-12-31 | $0 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2010-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | NORWOOD FINANCIAL CORP |
Accountancy firm EIN | 2010-12-31 | 233060766 |
2009 : WAYNE BANK 401K PLAN 2009 401k financial data |
---|
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |