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NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN
Plan identification number 002

NICOLLET COUNTY BANK OF ST. PETER 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

NICOLLET COUNTY BANK OF ST. PETER has sponsored the creation of one or more 401k plans.

Company Name:NICOLLET COUNTY BANK OF ST. PETER
Employer identification number (EIN):410442560
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022019-01-01CRAIG HANSON2019-11-14 CRAIG HANSON2019-11-14
0022018-01-01CRAIG HANSON2019-07-25 CRAIG HANSON2019-07-25
0022017-01-01CRAIG HANSON2018-09-06 CRAIG HANSON2018-09-06
0022016-01-01CRAIG H. HANSON
0022015-01-01CRAIG H. HANSON
0022014-01-01CRAIG H. HANSON
0022013-01-01CRAIG H. HANSON
0022012-01-01CRAIG H. HANSON
0022011-01-01CRAIG H. HANSON
0022009-01-01CRAIG H. HANSON

Plan Statistics for NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN

Measure Date Value
2016: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0126
Total number of active participants reported on line 7a of the Form 55002016-01-0129
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 participants2016-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0129
Number of participants with account balances2016-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0126
Total number of active participants reported on line 7a of the Form 55002015-01-0126
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0126
Number of participants with account balances2015-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0129
Total number of active participants reported on line 7a of the Form 55002014-01-0127
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0127
Number of participants with account balances2014-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0131
Total number of active participants reported on line 7a of the Form 55002013-01-0128
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0130
Number of participants with account balances2013-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0131
Total number of active participants reported on line 7a of the Form 55002012-01-0130
Number of retired or separated participants receiving benefits2012-01-011
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0131
Number of participants with account balances2012-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0130
Total number of active participants reported on line 7a of the Form 55002011-01-0131
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0131
Number of participants with account balances2011-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0131
Total number of active participants reported on line 7a of the Form 55002009-01-0130
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0130
Number of participants with account balances2009-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN

Measure Date Value
2016 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$445,001
Expenses. Total of all expenses incurred2016-12-31$103,112
Benefits paid (including direct rollovers)2016-12-31$93,560
Total plan assets at end of year2016-12-31$5,782,083
Total plan assets at beginning of year2016-12-31$5,440,194
Value of fidelity bond covering the plan2016-12-31$2,800,000
Total contributions received or receivable from participants2016-12-31$170,634
Other income received2016-12-31$131,923
Net income (gross income less expenses)2016-12-31$341,889
Net plan assets at end of year (total assets less liabilities)2016-12-31$5,782,083
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$5,440,194
Assets. Value of participant loans2016-12-31$32,481
Total contributions received or receivable from employer(s)2016-12-31$142,444
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$9,552
2015 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$242,748
Expenses. Total of all expenses incurred2015-12-31$152,892
Benefits paid (including direct rollovers)2015-12-31$152,357
Total plan assets at end of year2015-12-31$5,440,194
Total plan assets at beginning of year2015-12-31$5,350,338
Value of fidelity bond covering the plan2015-12-31$2,800,000
Total contributions received or receivable from participants2015-12-31$160,835
Other income received2015-12-31$-38,167
Net income (gross income less expenses)2015-12-31$89,856
Net plan assets at end of year (total assets less liabilities)2015-12-31$5,440,194
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$5,350,338
Assets. Value of participant loans2015-12-31$41,665
Total contributions received or receivable from employer(s)2015-12-31$120,080
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$535
2014 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$376,453
Expenses. Total of all expenses incurred2014-12-31$311,094
Benefits paid (including direct rollovers)2014-12-31$310,867
Total plan assets at end of year2014-12-31$5,350,338
Total plan assets at beginning of year2014-12-31$5,284,979
Value of fidelity bond covering the plan2014-12-31$2,800,000
Total contributions received or receivable from participants2014-12-31$156,874
Other income received2014-12-31$143,111
Net income (gross income less expenses)2014-12-31$65,359
Net plan assets at end of year (total assets less liabilities)2014-12-31$5,350,338
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$5,284,979
Assets. Value of participant loans2014-12-31$30,142
Total contributions received or receivable from employer(s)2014-12-31$76,468
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$227
2013 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$672
Total income from all sources2013-12-31$685,163
Expenses. Total of all expenses incurred2013-12-31$710,503
Benefits paid (including direct rollovers)2013-12-31$710,211
Total plan assets at end of year2013-12-31$5,284,979
Total plan assets at beginning of year2013-12-31$5,310,991
Value of fidelity bond covering the plan2013-12-31$2,800,000
Total contributions received or receivable from participants2013-12-31$157,421
Other income received2013-12-31$451,672
Net income (gross income less expenses)2013-12-31$-25,340
Net plan assets at end of year (total assets less liabilities)2013-12-31$5,284,979
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,310,319
Assets. Value of participant loans2013-12-31$36,987
Total contributions received or receivable from employer(s)2013-12-31$76,070
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$292
2012 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$672
Total income from all sources2012-12-31$496,864
Expenses. Total of all expenses incurred2012-12-31$70,171
Benefits paid (including direct rollovers)2012-12-31$69,359
Total plan assets at end of year2012-12-31$5,310,991
Total plan assets at beginning of year2012-12-31$4,883,626
Value of fidelity bond covering the plan2012-12-31$2,800,000
Total contributions received or receivable from participants2012-12-31$149,354
Other income received2012-12-31$271,853
Net income (gross income less expenses)2012-12-31$426,693
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,310,319
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$4,883,626
Assets. Value of participant loans2012-12-31$10,169
Total contributions received or receivable from employer(s)2012-12-31$75,657
Value of corrective distributions2012-12-31$672
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$140
2011 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$237,716
Expenses. Total of all expenses incurred2011-12-31$61,082
Benefits paid (including direct rollovers)2011-12-31$60,872
Total plan assets at end of year2011-12-31$4,883,626
Total plan assets at beginning of year2011-12-31$4,706,992
Value of fidelity bond covering the plan2011-12-31$2,800,000
Total contributions received or receivable from participants2011-12-31$151,823
Other income received2011-12-31$8,549
Net income (gross income less expenses)2011-12-31$176,634
Net plan assets at end of year (total assets less liabilities)2011-12-31$4,883,626
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$4,706,992
Assets. Value of participant loans2011-12-31$24,489
Total contributions received or receivable from employer(s)2011-12-31$77,344
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$210
2010 : NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$509,015
Expenses. Total of all expenses incurred2010-12-31$40,408
Benefits paid (including direct rollovers)2010-12-31$40,198
Total plan assets at end of year2010-12-31$4,706,992
Total plan assets at beginning of year2010-12-31$4,238,385
Value of fidelity bond covering the plan2010-12-31$2,800,000
Total contributions received or receivable from participants2010-12-31$150,304
Other income received2010-12-31$250,656
Net income (gross income less expenses)2010-12-31$468,607
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,706,992
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,238,385
Assets. Value of participant loans2010-12-31$27,440
Total contributions received or receivable from employer(s)2010-12-31$108,055
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$210

Form 5500 Responses for NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN

2016: NICOLLET COUNTY BANK OF ST. PETER 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 filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: NICOLLET COUNTY BANK OF ST. PETER 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: NICOLLET COUNTY BANK OF ST. PETER 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: NICOLLET COUNTY BANK OF ST. PETER 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: NICOLLET COUNTY BANK OF ST. PETER 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: NICOLLET COUNTY BANK OF ST. PETER 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
2009: NICOLLET COUNTY BANK OF ST. PETER 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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