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MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameMARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN
Plan identification number 001

MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined 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).
  • 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

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

Company Name:MARATHON SAVINGS BANK
Employer identification number (EIN):390449690
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012011-12-16ROBERT BROOKS2013-02-13 ROBERT BROOKS2013-02-13
0012009-12-16ROBERT BROOKS ROBERT BROOKS2011-08-09
0012008-12-16

Plan Statistics for MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN

Measure Date Value
2009: MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-12-1635
Total number of active participants reported on line 7a of the Form 55002009-12-1640
Total of all active and inactive participants2009-12-1640
Total participants2009-12-1640

Financial Data on MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN

Measure Date Value
2011 : MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Total income from all sources2011-12-15$192,242
Expenses. Total of all expenses incurred2011-12-15$0
Total plan assets at end of year2011-12-15$1,659,048
Total plan assets at beginning of year2011-12-15$1,466,806
Value of fidelity bond covering the plan2011-12-15$2,800,000
Other income received2011-12-15$23,312
Net income (gross income less expenses)2011-12-15$192,242
Net plan assets at end of year (total assets less liabilities)2011-12-15$1,659,048
Net plan assets at beginning of year (total assets less liabilities)2011-12-15$1,466,806
Total contributions received or receivable from employer(s)2011-12-15$168,930
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-15$0
2009 : MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 2009 401k financial data
Total income from all sources2009-12-15$165,231
Expenses. Total of all expenses incurred2009-12-15$18,299
Total plan assets at end of year2009-12-15$1,284,888
Total plan assets at beginning of year2009-12-15$1,137,956
Value of fidelity bond covering the plan2009-12-15$2,800,000
Expenses. Other expenses not covered elsewhere2009-12-15$990
Contributions received from other sources (not participants or employers)2009-12-15$0
Other income received2009-12-15$97,838
Net income (gross income less expenses)2009-12-15$146,932
Net plan assets at end of year (total assets less liabilities)2009-12-15$1,284,888
Net plan assets at beginning of year (total assets less liabilities)2009-12-15$1,137,956
Total contributions received or receivable from employer(s)2009-12-15$67,393
Value of certain deemed distributions of participant loans2009-12-15$17,309

Form 5500 Responses for MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN

2009: MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses
2009-12-16Type of plan entitySingle employer plan
2009-12-16Submission has been amendedNo
2009-12-16This submission is the final filingNo
2009-12-16This return/report is a short plan year return/report (less than 12 months)No
2009-12-16Plan is a collectively bargained planNo
2009-12-16Plan funding arrangement – InsuranceYes
2009-12-16Plan funding arrangement – TrustYes
2009-12-16Plan benefit arrangement – InsuranceYes
2009-12-16Plan benefit arrangement - TrustYes
2008: MARATHON SAVINGS BANK DEFINED BENEFIT PENSION PLAN 2008 form 5500 responses
2008-12-16Type of plan entitySingle employer plan
2008-12-16Submission has been amendedNo
2008-12-16This submission is the final filingNo
2008-12-16This return/report is a short plan year return/report (less than 12 months)No
2008-12-16Plan is a collectively bargained planNo

Insurance Providers Used on plan

NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number01801
Policy instance 1
Insurance contract or identification number01801
Number of Individuals Covered40
Insurance policy start date2010-12-16
Insurance policy end date2011-12-15
Total amount of commissions paid to insurance brokerUSD $3,431
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Other information about contractRETIREMENT ANNUITIES
NORTHWESTERN MUTUAL (National Association of Insurance Commissioners NAIC id number: 67091 )
Policy contract number01801
Policy instance 1
Insurance contract or identification number01801
Number of Individuals Covered35
Insurance policy start date2008-12-16
Insurance policy end date2009-12-15
Total amount of commissions paid to insurance brokerUSD $477
Total amount of fees paid to insurance companyUSD $4,416
Are there contracts with allocated funds for types other than group deferred annuity or individual?Yes
Other information about contractRETIREMENT ANNUITIES
Commission paid to Insurance BrokerUSD $477
Amount paid for insurance broker fees4416
Insurance broker organization code?3
Insurance broker nameJAMES G PAPAGEORGE

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