401k Plan data: TEMPO BANK DEFINED BENEFIT PLAN plan

TEMPO BANK DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	TEMPO BANK DEFINED BENEFIT PLAN
Plan identification number	005

TEMPO BANK DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
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

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

Company Name: TEMPO BANK

Employer identification number (EIN): 370554470

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEMPO BANK DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2022-10-01 ROBERT STROH 2023-06-14 ROBERT STROH 2023-06-14
005 2021-10-01 ROBERT STROH 2023-06-14 ROBERT STROH 2023-06-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
005	2022-10-01	ROBERT STROH	2023-06-14	ROBERT STROH	2023-06-14
005	2021-10-01	ROBERT STROH	2023-06-14	ROBERT STROH	2023-06-14

Plan Statistics for TEMPO BANK DEFINED BENEFIT PLAN

401k plan membership statisitcs for TEMPO BANK DEFINED BENEFIT PLAN

Measure Date Value
2022: TEMPO BANK DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets 2022-09-30 1,598,436
Acturial value of plan assets 2022-09-30 1,598,436
Funding target for retired participants and beneficiaries receiving payment 2022-09-30 0
Number of terminated vested participants 2022-09-30 4
Fundng target for terminated vested participants 2022-09-30 109,729
Active participant vested funding target 2022-09-30 749,890
Number of active participants 2022-09-30 6
Total funding liabilities for active participants 2022-09-30 749,890
Total participant count 2022-09-30 10
Total funding target for all participants 2022-09-30 859,619
Amount remaining of carryover balance 2022-09-30 0
Amount remaining of prefunding balance 2022-09-30 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-09-30 0
Reductions in caryover balances due to elections or deemed elections 2022-09-30 0
Reductions in prefunding balances due to elections or deemed elections 2022-09-30 0
Balance of carryovers at beginning of current year 2022-09-30 0
Balance of prefunding at beginning of current year 2022-09-30 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-09-30 0
Contributions made to avoid restrictions adjusted to valuation date 2022-09-30 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-09-30 0
Unpaid minimum required contributions for all prior years 2022-09-30 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-09-30 0
Remaining amount of unpaid minimum required contributions 2022-09-30 0
Minimum required contributions for current year target normal cost 2022-09-30 53,000
Net shortfall amortization installment of oustanding balance 2022-09-30 0
Waiver amortization installment 2022-09-30 0
Total funding amount beforereflecting carryover/prefunding balances 2022-09-30 0
Additional cash requirement 2022-09-30 0
Contributions allocatedtoward minimum required contributions for current year 2022-09-30 0
Unpaid minimum required contributions for current year 2022-09-30 0
Unpaid minimum required contributions for all years 2022-09-30 0

Measure	Date	Value
2022: TEMPO BANK DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets	2022-09-30	1,598,436
Acturial value of plan assets	2022-09-30	1,598,436
Funding target for retired participants and beneficiaries receiving payment	2022-09-30	0
Number of terminated vested participants	2022-09-30	4
Fundng target for terminated vested participants	2022-09-30	109,729
Active participant vested funding target	2022-09-30	749,890
Number of active participants	2022-09-30	6
Total funding liabilities for active participants	2022-09-30	749,890
Total participant count	2022-09-30	10
Total funding target for all participants	2022-09-30	859,619
Amount remaining of carryover balance	2022-09-30	0
Amount remaining of prefunding balance	2022-09-30	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-09-30	0
Reductions in caryover balances due to elections or deemed elections	2022-09-30	0
Reductions in prefunding balances due to elections or deemed elections	2022-09-30	0
Balance of carryovers at beginning of current year	2022-09-30	0
Balance of prefunding at beginning of current year	2022-09-30	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-09-30	0
Contributions made to avoid restrictions adjusted to valuation date	2022-09-30	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-09-30	0
Unpaid minimum required contributions for all prior years	2022-09-30	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-09-30	0
Remaining amount of unpaid minimum required contributions	2022-09-30	0
Minimum required contributions for current year target normal cost	2022-09-30	53,000
Net shortfall amortization installment of oustanding balance	2022-09-30	0
Waiver amortization installment	2022-09-30	0
Total funding amount beforereflecting carryover/prefunding balances	2022-09-30	0
Additional cash requirement	2022-09-30	0
Contributions allocatedtoward minimum required contributions for current year	2022-09-30	0
Unpaid minimum required contributions for current year	2022-09-30	0
Unpaid minimum required contributions for all years	2022-09-30	0

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Company Name:	TEMPO BANK
Employer identification number (EIN):	370554470
NAIC Classification:	522110
NAIC Description:	Commercial Banking