401k Plan data: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK plan

EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 401k Plan overview

Plan Name	EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK
Plan identification number	001

EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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

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

Company Name: JACKSON COUNTY BANK

Employer identification number (EIN): 350418300

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 HOLLY SIPE 2020-01-30 MARVIN S. VEATCH 2020-01-30
001 2018-01-01 HOLLY SIPE 2019-09-06 MARVIN S. VEATCH 2019-09-10
001 2017-01-01 HOLLY SIPE 2018-07-12 MARVIN S. VEATCH 2018-07-18
001 2016-01-01 HOLLY SIPE 2017-07-11 MARVIN S. VEATCH 2017-07-21
001 2015-01-01 HOLLY SIPE 2016-06-01 DAVID GEIS 2016-06-23
001 2014-01-01 HOLLY SIPE 2015-05-18 DAVID GEIS 2015-05-20
001 2013-01-01 HOLLY SIPE 2014-05-09 DAVID GEIS 2014-05-10
001 2012-01-01 HOLLY SIPE DAVID GEIS 2013-10-03
001 2011-01-01 HOLLY SIPE DAVID GEIS 2012-09-07
001 2009-01-01 HOLLY A. SIPE DAVID M. GEIS 2010-09-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01	HOLLY SIPE	2020-01-30	MARVIN S. VEATCH	2020-01-30
001	2018-01-01	HOLLY SIPE	2019-09-06	MARVIN S. VEATCH	2019-09-10
001	2017-01-01	HOLLY SIPE	2018-07-12	MARVIN S. VEATCH	2018-07-18
001	2016-01-01	HOLLY SIPE	2017-07-11	MARVIN S. VEATCH	2017-07-21
001	2015-01-01	HOLLY SIPE	2016-06-01	DAVID GEIS	2016-06-23
001	2014-01-01	HOLLY SIPE	2015-05-18	DAVID GEIS	2015-05-20
001	2013-01-01	HOLLY SIPE	2014-05-09	DAVID GEIS	2014-05-10
001	2012-01-01	HOLLY SIPE		DAVID GEIS	2013-10-03
001	2011-01-01	HOLLY SIPE		DAVID GEIS	2012-09-07
001	2009-01-01	HOLLY A. SIPE		DAVID M. GEIS	2010-09-17

Plan Statistics for EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK

401k plan membership statisitcs for EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK

Measure Date Value
2019: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2019 401k membership
Market value of plan assets 2019-10-28 1,785,981
Acturial value of plan assets 2019-10-28 1,878,451
Funding target for retired participants and beneficiaries receiving payment 2019-10-28 759,241
Number of terminated vested participants 2019-10-28 4
Fundng target for terminated vested participants 2019-10-28 205,245
Active participant vested funding target 2019-10-28 869,323
Number of active participants 2019-10-28 24
Total funding liabilities for active participants 2019-10-28 869,323
Total participant count 2019-10-28 44
Total funding target for all participants 2019-10-28 1,833,809
Balance at beginning of prior year after applicable adjustments 2019-10-28 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-10-28 515,603
Carryover balanced portion elected for use to offset prior years funding requirement 2019-10-28 0
Prefunding balanced used to offset prior years funding requirement 2019-10-28 0
Amount remaining of carryover balance 2019-10-28 0
Amount remaining of prefunding balance 2019-10-28 515,603
Present value of excess contributions 2019-10-28 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-10-28 0
Reductions in caryover balances due to elections or deemed elections 2019-10-28 0
Reductions in prefunding balances due to elections or deemed elections 2019-10-28 0
Balance of carryovers at beginning of current year 2019-10-28 0
Balance of prefunding at beginning of current year 2019-10-28 492,040
Total employer contributions 2019-10-28 288,847
Total employee contributions 2019-10-28 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-10-28 0
Contributions made to avoid restrictions adjusted to valuation date 2019-10-28 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-10-28 278,935
Unpaid minimum required contributions for all prior years 2019-10-28 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-10-28 0
Remaining amount of unpaid minimum required contributions 2019-10-28 0
Minimum required contributions for current year target normal cost 2019-10-28 0
Net shortfall amortization installment of oustanding balance 2019-10-28 0
Waiver amortization installment 2019-10-28 0
Total funding amount beforereflecting carryover/prefunding balances 2019-10-28 0
Carryover balance elected to use to offset funding requirement 2019-10-28 0
Prefunding balance elected to use to offset funding requirement 2019-10-28 0
Additional cash requirement 2019-10-28 0
Contributions allocatedtoward minimum required contributions for current year 2019-10-28 278,935
Unpaid minimum required contributions for current year 2019-10-28 0
Unpaid minimum required contributions for all years 2019-10-28 0
2018: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2018 401k membership
Market value of plan assets 2018-12-31 2,385,947
Acturial value of plan assets 2018-12-31 2,283,524
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 686,914
Number of terminated vested participants 2018-12-31 5
Fundng target for terminated vested participants 2018-12-31 260,760
Active participant vested funding target 2018-12-31 1,137,123
Number of active participants 2018-12-31 30
Total funding liabilities for active participants 2018-12-31 1,137,123
Total participant count 2018-12-31 50
Total funding target for all participants 2018-12-31 2,084,797
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 434,837
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 434,837
Present value of excess contributions 2018-12-31 27,754
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 29,325
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 29,325
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 515,603
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 0
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2017 401k membership
Market value of plan assets 2017-12-31 2,850,688
Acturial value of plan assets 2017-12-31 2,911,764
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 750,067
Number of terminated vested participants 2017-12-31 5
Fundng target for terminated vested participants 2017-12-31 242,558
Active participant vested funding target 2017-12-31 1,586,348
Number of active participants 2017-12-31 32
Total funding liabilities for active participants 2017-12-31 1,586,348
Total participant count 2017-12-31 53
Total funding target for all participants 2017-12-31 2,578,973
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 254,250
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 254,250
Present value of excess contributions 2017-12-31 156,186
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 165,307
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 165,307
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 434,837
Total employer contributions 2017-12-31 30,000
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 27,754
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 0
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 27,754
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2016 401k membership
Market value of plan assets 2016-12-31 2,700,477
Acturial value of plan assets 2016-12-31 2,833,273
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 765,018
Number of terminated vested participants 2016-12-31 4
Fundng target for terminated vested participants 2016-12-31 217,976
Active participant vested funding target 2016-12-31 1,533,611
Number of active participants 2016-12-31 37
Total funding liabilities for active participants 2016-12-31 1,533,611
Total participant count 2016-12-31 58
Total funding target for all participants 2016-12-31 2,516,605
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 256,404
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 256,404
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 254,250
Total employer contributions 2016-12-31 165,000
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 156,186
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 156,186
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2012: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2012 401k membership
Total participants, beginning-of-year 2012-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 54
Number of retired or separated participants receiving benefits 2012-01-01 23
Number of other retired or separated participants entitled to future benefits 2012-01-01 14
Total of all active and inactive participants 2012-01-01 91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2011 401k membership
Total participants, beginning-of-year 2011-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 62
Number of retired or separated participants receiving benefits 2011-01-01 22
Number of other retired or separated participants entitled to future benefits 2011-01-01 17
Total of all active and inactive participants 2011-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 102
Number of participants with account balances 2011-01-01 1
2009: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2009 401k membership
Total participants, beginning-of-year 2009-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 78
Number of retired or separated participants receiving benefits 2009-01-01 21
Number of other retired or separated participants entitled to future benefits 2009-01-01 13
Total of all active and inactive participants 2009-01-01 112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2019: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2019 401k membership
Market value of plan assets	2019-10-28	1,785,981
Acturial value of plan assets	2019-10-28	1,878,451
Funding target for retired participants and beneficiaries receiving payment	2019-10-28	759,241
Number of terminated vested participants	2019-10-28	4
Fundng target for terminated vested participants	2019-10-28	205,245
Active participant vested funding target	2019-10-28	869,323
Number of active participants	2019-10-28	24
Total funding liabilities for active participants	2019-10-28	869,323
Total participant count	2019-10-28	44
Total funding target for all participants	2019-10-28	1,833,809
Balance at beginning of prior year after applicable adjustments	2019-10-28	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-10-28	515,603
Carryover balanced portion elected for use to offset prior years funding requirement	2019-10-28	0
Prefunding balanced used to offset prior years funding requirement	2019-10-28	0
Amount remaining of carryover balance	2019-10-28	0
Amount remaining of prefunding balance	2019-10-28	515,603
Present value of excess contributions	2019-10-28	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-10-28	0
Reductions in caryover balances due to elections or deemed elections	2019-10-28	0
Reductions in prefunding balances due to elections or deemed elections	2019-10-28	0
Balance of carryovers at beginning of current year	2019-10-28	0
Balance of prefunding at beginning of current year	2019-10-28	492,040
Total employer contributions	2019-10-28	288,847
Total employee contributions	2019-10-28	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-10-28	0
Contributions made to avoid restrictions adjusted to valuation date	2019-10-28	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-10-28	278,935
Unpaid minimum required contributions for all prior years	2019-10-28	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-10-28	0
Remaining amount of unpaid minimum required contributions	2019-10-28	0
Minimum required contributions for current year target normal cost	2019-10-28	0
Net shortfall amortization installment of oustanding balance	2019-10-28	0
Waiver amortization installment	2019-10-28	0
Total funding amount beforereflecting carryover/prefunding balances	2019-10-28	0
Carryover balance elected to use to offset funding requirement	2019-10-28	0
Prefunding balance elected to use to offset funding requirement	2019-10-28	0
Additional cash requirement	2019-10-28	0
Contributions allocatedtoward minimum required contributions for current year	2019-10-28	278,935
Unpaid minimum required contributions for current year	2019-10-28	0
Unpaid minimum required contributions for all years	2019-10-28	0
2018: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2018 401k membership
Market value of plan assets	2018-12-31	2,385,947
Acturial value of plan assets	2018-12-31	2,283,524
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	686,914
Number of terminated vested participants	2018-12-31	5
Fundng target for terminated vested participants	2018-12-31	260,760
Active participant vested funding target	2018-12-31	1,137,123
Number of active participants	2018-12-31	30
Total funding liabilities for active participants	2018-12-31	1,137,123
Total participant count	2018-12-31	50
Total funding target for all participants	2018-12-31	2,084,797
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	434,837
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	434,837
Present value of excess contributions	2018-12-31	27,754
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	29,325
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	29,325
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	515,603
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	0
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2017 401k membership
Market value of plan assets	2017-12-31	2,850,688
Acturial value of plan assets	2017-12-31	2,911,764
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	750,067
Number of terminated vested participants	2017-12-31	5
Fundng target for terminated vested participants	2017-12-31	242,558
Active participant vested funding target	2017-12-31	1,586,348
Number of active participants	2017-12-31	32
Total funding liabilities for active participants	2017-12-31	1,586,348
Total participant count	2017-12-31	53
Total funding target for all participants	2017-12-31	2,578,973
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	254,250
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	254,250
Present value of excess contributions	2017-12-31	156,186
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	165,307
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	165,307
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	434,837
Total employer contributions	2017-12-31	30,000
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	27,754
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	0
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	27,754
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2016 401k membership
Market value of plan assets	2016-12-31	2,700,477
Acturial value of plan assets	2016-12-31	2,833,273
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	765,018
Number of terminated vested participants	2016-12-31	4
Fundng target for terminated vested participants	2016-12-31	217,976
Active participant vested funding target	2016-12-31	1,533,611
Number of active participants	2016-12-31	37
Total funding liabilities for active participants	2016-12-31	1,533,611
Total participant count	2016-12-31	58
Total funding target for all participants	2016-12-31	2,516,605
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	256,404
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	256,404
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	254,250
Total employer contributions	2016-12-31	165,000
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	156,186
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	156,186
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2012: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2012 401k membership
Total participants, beginning-of-year	2012-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	54
Number of retired or separated participants receiving benefits	2012-01-01	23
Number of other retired or separated participants entitled to future benefits	2012-01-01	14
Total of all active and inactive participants	2012-01-01	91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2011 401k membership
Total participants, beginning-of-year	2011-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	62
Number of retired or separated participants receiving benefits	2011-01-01	22
Number of other retired or separated participants entitled to future benefits	2011-01-01	17
Total of all active and inactive participants	2011-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	102
Number of participants with account balances	2011-01-01	1
2009: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2009 401k membership
Total participants, beginning-of-year	2009-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	78
Number of retired or separated participants receiving benefits	2009-01-01	21
Number of other retired or separated participants entitled to future benefits	2009-01-01	13
Total of all active and inactive participants	2009-01-01	112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK

Measure	Date	Value
2012 : EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-31	$-387,911
Total unrealized appreciation/depreciation of assets	2012-12-31	$-387,911
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	$574,858
Total loss/gain on sale of assets	2012-12-31	$337,567
Total of all expenses incurred	2012-12-31	$227,752
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$227,752
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$279,000
Value of total assets at end of year	2012-12-31	$2,698,522
Value of total assets at beginning of year	2012-12-31	$2,351,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$0
Total interest from all sources	2012-12-31	$13,212
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$64,142
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2012-12-31	$44,986
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$500,000
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
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	$347,106
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$2,698,522
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$2,351,416
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 registered invesment companies (eg mutual funds) at end of year	2012-12-31	$2,180,108
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$1,181,761
Income. Interest from corporate debt instruments	2012-12-31	$4,530
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$384,322
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$550,075
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$550,075
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$8,682
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$268,848
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
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	$279,000
Employer contributions (assets) at end of year	2012-12-31	$0
Employer contributions (assets) at beginning of year	2012-12-31	$41,000
Income. Dividends from common stock	2012-12-31	$19,156
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$227,752
Asset. Corporate debt instrument debt (other) at end of year	2012-12-31	$106,032
Asset. Corporate debt instrument debt (other) at beginning of year	2012-12-31	$106,366
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-31	$28,060
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-31	$472,214
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
Aggregate proceeds on sale of assets	2012-12-31	$491,663
Aggregate carrying amount (costs) on sale of assets	2012-12-31	$154,096
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	CROWE HORWATH LLP
Accountancy firm EIN	2012-12-31	350921680
2011 : EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-23,970
Total unrealized appreciation/depreciation of assets	2011-12-31	$-23,970
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	$-40,791
Total loss/gain on sale of assets	2011-12-31	$26,379
Total of all expenses incurred	2011-12-31	$254,644
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$254,644
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$41,000
Value of total assets at end of year	2011-12-31	$2,351,416
Value of total assets at beginning of year	2011-12-31	$2,646,851
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$0
Total interest from all sources	2011-12-31	$16,704
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$58,997
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$39,841
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$500,000
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
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	$-295,435
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$2,351,416
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$2,646,851
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 registered invesment companies (eg mutual funds) at end of year	2011-12-31	$1,181,761
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$1,297,575
Income. Interest from corporate debt instruments	2011-12-31	$4,530
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$550,075
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$734,409
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$734,409
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$12,174
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-159,901
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
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	$41,000
Employer contributions (assets) at end of year	2011-12-31	$41,000
Income. Dividends from common stock	2011-12-31	$19,156
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$254,644
Asset. Corporate debt instrument debt (other) at end of year	2011-12-31	$106,366
Asset. Corporate debt instrument debt (other) at beginning of year	2011-12-31	$100,384
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$472,214
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$514,483
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
Aggregate proceeds on sale of assets	2011-12-31	$38,695
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$12,316
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	CROWE HORWATH LLP
Accountancy firm EIN	2011-12-31	350921680
2010 : EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$3,466
Total unrealized appreciation/depreciation of assets	2010-12-31	$3,466
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	$0
Total income from all sources (including contributions)	2010-12-31	$281,227
Total loss/gain on sale of assets	2010-12-31	$9,354
Total of all expenses incurred	2010-12-31	$162,727
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$162,727
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$2,646,851
Value of total assets at beginning of year	2010-12-31	$2,528,351
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$0
Total interest from all sources	2010-12-31	$5,214
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$38,706
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$12,120
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$500,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Other income not declared elsewhere	2010-12-31	$1,799
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	$118,500
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$2,646,851
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,528,351
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 registered invesment companies (eg mutual funds) at end of year	2010-12-31	$1,297,575
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$992,494
Income. Interest from US Government securities	2010-12-31	$4,883
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$734,409
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$920,260
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$920,260
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$331
Asset value of US Government securities at end of year	2010-12-31	$100,384
Asset value of US Government securities at beginning of year	2010-12-31	$98,618
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$222,688
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
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
Income. Dividends from common stock	2010-12-31	$26,586
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$162,727
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$514,483
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$516,979
Did the plan have assets held for investment	2010-12-31	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	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
Aggregate proceeds on sale of assets	2010-12-31	$713,533
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$704,179
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	CROWE HORWATH LLP
Accountancy firm EIN	2010-12-31	350921680

Form 5500 Responses for EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK

2012: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: EMPLOYEES' PENSION PLAN OF JACKSON COUNTY BANK 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	JACKSON COUNTY BANK
Employer identification number (EIN):	350418300
NAIC Classification:	522110
NAIC Description:	Commercial Banking