?>
Logo

UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameUNIVERSITY BANK 401(K) PROFIT SHARING PLAN
Plan identification number 001

UNIVERSITY BANK 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

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

Company Name:UNIVERSITY BANK
Employer identification number (EIN):380875820
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UNIVERSITY BANK 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012016-01-01
0012015-01-01CATHERINE REVORD
0012014-01-01CATHERINE REVORD
0012013-01-01CATHERINE REVORD CATHERINE REVORD2014-10-13
0012012-01-01CATHERINE REVORD CATHERINE REVORD2013-10-14
0012011-01-01CATHERINE REVORD

Plan Statistics for UNIVERSITY BANK 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for UNIVERSITY BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01462
Total number of active participants reported on line 7a of the Form 55002016-01-010
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-010
Number of participants with account balances2016-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01354
Total number of active participants reported on line 7a of the Form 55002015-01-01316
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01138
Total of all active and inactive participants2015-01-01454
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01455
Number of participants with account balances2015-01-01375
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0185
2014: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01213
Total number of active participants reported on line 7a of the Form 55002014-01-01291
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0156
Total of all active and inactive participants2014-01-01347
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01348
Number of participants with account balances2014-01-01249
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-017
2013: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01289
Total number of active participants reported on line 7a of the Form 55002013-01-01275
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0133
Total of all active and inactive participants2013-01-01308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-012
Total participants2013-01-01310
Number of participants with account balances2013-01-01216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01210
Total number of active participants reported on line 7a of the Form 55002012-01-01260
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0128
Total of all active and inactive participants2012-01-01288
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01289
Number of participants with account balances2012-01-01183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01237
Total number of active participants reported on line 7a of the Form 55002011-01-01182
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0127
Total of all active and inactive participants2011-01-01209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01210
Number of participants with account balances2011-01-0199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on UNIVERSITY BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2016 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-06-30$0
Total transfer of assets from this plan2016-06-30$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 assets2016-06-30$0
Total of all expenses incurred2016-06-30$388,619
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-30$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 year2016-06-30$0
Value of total assets at beginning of year2016-06-30$4,865,571
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-06-30$27,742
Total interest from all sources2016-06-30$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 year2016-06-30No
Was this plan covered by a fidelity bond2016-06-30Yes
Value of fidelity bond cover2016-06-30$500,000
If this is an individual account plan, was there a blackout period2016-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$0
Were there any nonexempt tranactions with any party-in-interest2016-06-30No
Contributions received from participants2016-06-30$468,400
Participant contributions at end of year2016-06-30$0
Participant contributions at beginning of year2016-06-30$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 year2016-06-30$0
Total non interest bearing cash at beginning of year2016-06-30$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 appraiser2016-06-30No
Value of net income/loss2016-06-30$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)2016-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-30No
Were any leases to which the plan was party in default or uncollectible2016-06-30No
Investment advisory and management fees2016-06-30$27,742
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-06-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-06-30$3,952,000
Interest on participant loans2016-06-30$5,383
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-06-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-06-30$619,746
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-06-30$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 assets2016-06-30No
Was there a failure to transmit to the plan any participant contributions2016-06-30No
Has the plan failed to provide any benefit when due under the plan2016-06-30No
Contributions received in cash from employer2016-06-30$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-30$360,877
Did the plan have assets held for investment2016-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-30Yes
Opinion of an independent qualified public accountant for this plan2016-06-30Disclaimer
Accountancy firm name2016-06-30CROWE HORWATH,LLP
Accountancy firm EIN2016-06-30350921680
2015 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$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 assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,183,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$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 year2015-12-31$4,865,571
Value of total assets at beginning of year2015-12-31$5,111,940
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$28,389
Total interest from all sources2015-12-31$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 year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$930,294
Participant contributions at end of year2015-12-31$262,113
Participant contributions at beginning of year2015-12-31$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 year2015-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Liabilities. Value of operating payables at end of year2015-12-31$0
Liabilities. Value of operating payables at beginning of year2015-12-31$28,194
Total non interest bearing cash at end of year2015-12-31$31,712
Total non interest bearing cash at beginning of year2015-12-31$1,828
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-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)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$3,952,000
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,394,766
Interest on participant loans2015-12-31$13,485
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$619,746
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$425,598
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$425,598
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-31,885
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$49,501
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,155,380
Contract administrator fees2015-12-31$28,389
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31Yes
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CROWE HORWATH
Accountancy firm EIN2015-12-31350921680
2014 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$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 assets2014-12-31$0
Total of all expenses incurred2014-12-31$746,378
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$641,964
Expenses. Certain deemed distributions of participant loans2014-12-31$34,753
Value of total corrective distributions2014-12-31$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 year2014-12-31$5,111,940
Value of total assets at beginning of year2014-12-31$4,507,984
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$41,467
Total interest from all sources2014-12-31$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 year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$14,485
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$205,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$802,141
Participant contributions at end of year2014-12-31$289,748
Participant contributions at beginning of year2014-12-31$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 year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$5,244
Liabilities. Value of operating payables at end of year2014-12-31$28,194
Liabilities. Value of operating payables at beginning of year2014-12-31$48,398
Total non interest bearing cash at end of year2014-12-31$1,828
Total non interest bearing cash at beginning of year2014-12-31$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 appraiser2014-12-31No
Value of net income/loss2014-12-31$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)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$26,982
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,394,766
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$3,815,074
Interest on participant loans2014-12-31$11,892
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$425,598
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$448,425
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$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 assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$343,619
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$641,964
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CROWE HORWATH
Accountancy firm EIN2014-12-31350921680
2013 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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 assets2013-12-31$0
Total of all expenses incurred2013-12-31$257,360
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$157,644
Expenses. Certain deemed distributions of participant loans2013-12-31$19,528
Value of total corrective distributions2013-12-31$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 year2013-12-31$4,507,984
Value of total assets at beginning of year2013-12-31$2,869,452
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$31,790
Total interest from all sources2013-12-31$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 year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$10,515
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$205,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$758,238
Participant contributions at end of year2013-12-31$239,233
Participant contributions at beginning of year2013-12-31$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 year2013-12-31$5,244
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Liabilities. Value of operating payables at end of year2013-12-31$48,398
Liabilities. Value of operating payables at beginning of year2013-12-31$31,306
Total non interest bearing cash at end of year2013-12-31$5,252
Total non interest bearing cash at beginning of year2013-12-31$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 appraiser2013-12-31No
Value of net income/loss2013-12-31$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)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$21,275
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$3,815,074
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$2,297,083
Interest on participant loans2013-12-31$10,079
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$448,425
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$339,173
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$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 assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$358,750
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$157,644
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31DOEREN MAYHEW & CO., P.C.
Accountancy firm EIN2013-12-31382492570
2012 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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 assets2012-12-31$0
Total of all expenses incurred2012-12-31$135,014
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$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 year2012-12-31$2,869,452
Value of total assets at beginning of year2012-12-31$2,054,767
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$19,416
Total interest from all sources2012-12-31$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 year2012-12-31No
Administrative expenses professional fees incurred2012-12-31$5,482
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$205,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$473,988
Participant contributions at end of year2012-12-31$230,960
Participant contributions at beginning of year2012-12-31$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 year2012-12-31$31,306
Liabilities. Value of operating payables at beginning of year2012-12-31$0
Total non interest bearing cash at end of year2012-12-31$2,236
Total non interest bearing cash at beginning of year2012-12-31$97
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$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)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$13,934
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$2,297,083
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$1,573,232
Interest on participant loans2012-12-31$11,207
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$339,173
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$326,210
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$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 assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$115,598
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31DOEREN MAYHEW & CO., P.C.
Accountancy firm EIN2012-12-31382492570
2011 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$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 assets2011-12-31$0
Total of all expenses incurred2011-12-31$164,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$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 year2011-12-31$2,054,767
Value of total assets at beginning of year2011-12-31$1,788,627
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$14,556
Total interest from all sources2011-12-31$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 year2011-12-31No
Administrative expenses professional fees incurred2011-12-31$5,879
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$205,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$251,321
Participant contributions at end of year2011-12-31$155,228
Participant contributions at beginning of year2011-12-31$97,857
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$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 year2011-12-31$97
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$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)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$8,677
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$1,573,232
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$1,679,351
Interest on participant loans2011-12-31$6,963
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$326,210
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-43,110
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$150,390
Liabilities. Value of benefit claims payable at end of year2011-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$288
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31DOEREN MAYHEW & CO., P.C
Accountancy firm EIN2011-12-31382492570
2010 : UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$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 assets2010-12-31$0
Total of all expenses incurred2010-12-31$66,397
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$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 year2010-12-31$1,788,627
Value of total assets at beginning of year2010-12-31$1,437,510
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$12,309
Total interest from all sources2010-12-31$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 year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$3,125
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$205,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$256,512
Participant contributions at end of year2010-12-31$97,857
Participant contributions at beginning of year2010-12-31$60,098
Participant contributions at end of year2010-12-31$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 appraiser2010-12-31No
Value of net income/loss2010-12-31$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)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$9,184
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$1,679,351
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$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 assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$54,088
Liabilities. Value of benefit claims payable at end of year2010-12-31$288
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31ANDREWS HOOPER PAVLIK PLC
Accountancy firm EIN2010-12-31383133791

Form 5500 Responses for UNIVERSITY BANK 401(K) PROFIT SHARING PLAN

2016: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingYes
2016-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: UNIVERSITY BANK 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3