UNIVERSITY BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan UNIVERSITY BANK 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2016 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-06-30 | $0 |
Total transfer of assets from this plan | 2016-06-30 | $5,088,542 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-06-30 | $0 |
Total income from all sources (including contributions) | 2016-06-30 | $611,590 |
Total loss/gain on sale of assets | 2016-06-30 | $0 |
Total of all expenses incurred | 2016-06-30 | $388,619 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-06-30 | $360,877 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-06-30 | $470,556 |
Value of total assets at end of year | 2016-06-30 | $0 |
Value of total assets at beginning of year | 2016-06-30 | $4,865,571 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-06-30 | $27,742 |
Total interest from all sources | 2016-06-30 | $5,383 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-06-30 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-06-30 | No |
Was this plan covered by a fidelity bond | 2016-06-30 | Yes |
Value of fidelity bond cover | 2016-06-30 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-06-30 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-06-30 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-06-30 | No |
Contributions received from participants | 2016-06-30 | $468,400 |
Participant contributions at end of year | 2016-06-30 | $0 |
Participant contributions at beginning of year | 2016-06-30 | $262,113 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-06-30 | $2,156 |
Total non interest bearing cash at end of year | 2016-06-30 | $0 |
Total non interest bearing cash at beginning of year | 2016-06-30 | $31,712 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-06-30 | No |
Value of net income/loss | 2016-06-30 | $222,971 |
Value of net assets at end of year (total assets less liabilities) | 2016-06-30 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-06-30 | $4,865,571 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-06-30 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-06-30 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-06-30 | No |
Investment advisory and management fees | 2016-06-30 | $27,742 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-06-30 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-06-30 | $3,952,000 |
Interest on participant loans | 2016-06-30 | $5,383 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-06-30 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-06-30 | $619,746 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-06-30 | $619,746 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-06-30 | $135,651 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-06-30 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-06-30 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-06-30 | No |
Contributions received in cash from employer | 2016-06-30 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-06-30 | $360,877 |
Did the plan have assets held for investment | 2016-06-30 | 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 | 2016-06-30 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-06-30 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-06-30 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-06-30 | Disclaimer |
Accountancy firm name | 2016-06-30 | CROWE HORWATH,LLP |
Accountancy firm EIN | 2016-06-30 | 350921680 |
2015 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2015 401k financial data |
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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 | $28,194 |
Total income from all sources (including contributions) | 2015-12-31 | $965,594 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $1,183,769 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,155,380 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $983,994 |
Value of total assets at end of year | 2015-12-31 | $4,865,571 |
Value of total assets at beginning of year | 2015-12-31 | $5,111,940 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $28,389 |
Total interest from all sources | 2015-12-31 | $13,485 |
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 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
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 | $930,294 |
Participant contributions at end of year | 2015-12-31 | $262,113 |
Participant contributions at beginning of year | 2015-12-31 | $289,748 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $4,199 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $28,194 |
Total non interest bearing cash at end of year | 2015-12-31 | $31,712 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $1,828 |
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 | $-218,175 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $4,865,571 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $5,083,746 |
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 | $3,952,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $4,394,766 |
Interest on participant loans | 2015-12-31 | $13,485 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $619,746 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $425,598 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $425,598 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-31,885 |
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 | $49,501 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,155,380 |
Contract administrator fees | 2015-12-31 | $28,389 |
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 | 2015-12-31 | Yes |
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 | CROWE HORWATH |
Accountancy firm EIN | 2015-12-31 | 350921680 |
2014 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data |
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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 | $28,194 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $53,642 |
Total income from all sources (including contributions) | 2014-12-31 | $1,375,782 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $746,378 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $641,964 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $34,753 |
Value of total corrective distributions | 2014-12-31 | $28,194 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,152,272 |
Value of total assets at end of year | 2014-12-31 | $5,111,940 |
Value of total assets at beginning of year | 2014-12-31 | $4,507,984 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $41,467 |
Total interest from all sources | 2014-12-31 | $11,892 |
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 | $14,485 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $205,000 |
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 | $802,141 |
Participant contributions at end of year | 2014-12-31 | $289,748 |
Participant contributions at beginning of year | 2014-12-31 | $239,233 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $6,512 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $5,244 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $28,194 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $48,398 |
Total non interest bearing cash at end of year | 2014-12-31 | $1,828 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $5,252 |
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 | $629,404 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $5,083,746 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,454,342 |
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 |
Investment advisory and management fees | 2014-12-31 | $26,982 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $4,394,766 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $3,815,074 |
Interest on participant loans | 2014-12-31 | $11,892 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $425,598 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $448,425 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $448,425 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $211,618 |
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 | $343,619 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $641,964 |
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 | CROWE HORWATH |
Accountancy firm EIN | 2014-12-31 | 350921680 |
2013 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data |
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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 | $53,642 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $31,306 |
Total income from all sources (including contributions) | 2013-12-31 | $1,873,556 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $257,360 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $157,644 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $19,528 |
Value of total corrective distributions | 2013-12-31 | $48,398 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,389,350 |
Value of total assets at end of year | 2013-12-31 | $4,507,984 |
Value of total assets at beginning of year | 2013-12-31 | $2,869,452 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $31,790 |
Total interest from all sources | 2013-12-31 | $10,079 |
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 | $10,515 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $205,000 |
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 | $758,238 |
Participant contributions at end of year | 2013-12-31 | $239,233 |
Participant contributions at beginning of year | 2013-12-31 | $230,960 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $272,362 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $5,244 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $48,398 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $31,306 |
Total non interest bearing cash at end of year | 2013-12-31 | $5,252 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $2,236 |
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 | $1,616,196 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,454,342 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,838,146 |
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 |
Investment advisory and management fees | 2013-12-31 | $21,275 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,815,074 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $2,297,083 |
Interest on participant loans | 2013-12-31 | $10,079 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $448,425 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $339,173 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $339,173 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $474,127 |
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 | $358,750 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $157,644 |
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 | DOEREN MAYHEW & CO., P.C. |
Accountancy firm EIN | 2013-12-31 | 382492570 |
2012 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data |
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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 | $31,306 |
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 | $918,393 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $135,014 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $115,598 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $709,766 |
Value of total assets at end of year | 2012-12-31 | $2,869,452 |
Value of total assets at beginning of year | 2012-12-31 | $2,054,767 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $19,416 |
Total interest from all sources | 2012-12-31 | $11,207 |
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 | $5,482 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $205,000 |
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 | $473,988 |
Participant contributions at end of year | 2012-12-31 | $230,960 |
Participant contributions at beginning of year | 2012-12-31 | $155,228 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $235,778 |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $31,306 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $0 |
Total non interest bearing cash at end of year | 2012-12-31 | $2,236 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $97 |
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 | $783,379 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $2,838,146 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $2,054,767 |
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 |
Investment advisory and management fees | 2012-12-31 | $13,934 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $2,297,083 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $1,573,232 |
Interest on participant loans | 2012-12-31 | $11,207 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $339,173 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $326,210 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $326,210 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $197,420 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $115,598 |
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 | DOEREN MAYHEW & CO., P.C. |
Accountancy firm EIN | 2012-12-31 | 382492570 |
2011 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data |
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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 | $288 |
Total income from all sources (including contributions) | 2011-12-31 | $431,374 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $164,946 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $150,390 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $467,521 |
Value of total assets at end of year | 2011-12-31 | $2,054,767 |
Value of total assets at beginning of year | 2011-12-31 | $1,788,627 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $14,556 |
Total interest from all sources | 2011-12-31 | $6,963 |
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 | $5,879 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $205,000 |
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 | $251,321 |
Participant contributions at end of year | 2011-12-31 | $155,228 |
Participant contributions at beginning of year | 2011-12-31 | $97,857 |
Participant contributions at end of year | 2011-12-31 | $0 |
Participant contributions at beginning of year | 2011-12-31 | $11,419 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $216,200 |
Total non interest bearing cash at end of year | 2011-12-31 | $97 |
Total non interest bearing cash 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 | $266,428 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $2,054,767 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,788,339 |
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 |
Investment advisory and management fees | 2011-12-31 | $8,677 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $1,573,232 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,679,351 |
Interest on participant loans | 2011-12-31 | $6,963 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $326,210 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-43,110 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $150,390 |
Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $288 |
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 |
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 | DOEREN MAYHEW & CO., P.C |
Accountancy firm EIN | 2011-12-31 | 382492570 |
2010 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data |
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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 | $288 |
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 | $417,226 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $66,397 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $54,088 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $256,512 |
Value of total assets at end of year | 2010-12-31 | $1,788,627 |
Value of total assets at beginning of year | 2010-12-31 | $1,437,510 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $12,309 |
Total interest from all sources | 2010-12-31 | $5,456 |
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 |
Administrative expenses professional fees incurred | 2010-12-31 | $3,125 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $205,000 |
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 | $256,512 |
Participant contributions at end of year | 2010-12-31 | $97,857 |
Participant contributions at beginning of year | 2010-12-31 | $60,098 |
Participant contributions at end of year | 2010-12-31 | $11,419 |
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 | $350,829 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,788,339 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $1,437,510 |
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 |
Investment advisory and management fees | 2010-12-31 | $9,184 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,679,351 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,377,412 |
Income. Interest from loans (other than to participants) | 2010-12-31 | $5,456 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $155,258 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $54,088 |
Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $288 |
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 |
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 | ANDREWS HOOPER PAVLIK PLC |
Accountancy firm EIN | 2010-12-31 | 383133791 |