CITIZENS BANCSHARES COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CITIZENS BANCSHARES COMPANY CAFETERIA PLAN
| Measure | Date | Value |
|---|
| 2017 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $19,620 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $18,373 |
| Total income from all sources (including contributions) | 2017-12-31 | $669,454 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $668,908 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $668,878 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $669,454 |
| Value of total assets at end of year | 2017-12-31 | $33,969 |
| Value of total assets at beginning of year | 2017-12-31 | $32,176 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $30 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Administrative expenses professional fees incurred | 2017-12-31 | $30 |
| Was this plan covered by a fidelity bond | 2017-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $669,454 |
| Participant contributions at end of year | 2017-12-31 | $0 |
| Participant contributions at beginning of year | 2017-12-31 | $33 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2017-12-31 | $1,216 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $4,914 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $5,056 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $19,620 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $18,373 |
| Total non interest bearing cash at end of year | 2017-12-31 | $29,055 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $27,087 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $546 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $14,349 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $13,803 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $432,671 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Employer contributions (assets) at end of year | 2017-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $234,991 |
| 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 | 2017-12-31 | No |
| Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2017-12-31 | 440615592 |
| 2016 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $18,373 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $19,903 |
| Total income from all sources (including contributions) | 2016-12-31 | $687,312 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $684,628 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $684,608 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $687,312 |
| Value of total assets at end of year | 2016-12-31 | $32,176 |
| Value of total assets at beginning of year | 2016-12-31 | $31,022 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $20 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Administrative expenses professional fees incurred | 2016-12-31 | $20 |
| Was this plan covered by a fidelity bond | 2016-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $687,312 |
| Participant contributions at end of year | 2016-12-31 | $33 |
| Participant contributions at beginning of year | 2016-12-31 | $0 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2016-12-31 | $306 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $5,056 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $7,375 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $18,373 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $19,903 |
| Total non interest bearing cash at end of year | 2016-12-31 | $27,087 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $23,647 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $2,684 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $13,803 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $11,119 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $433,744 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Employer contributions (assets) at end of year | 2016-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $250,558 |
| 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 | 2016-12-31 | No |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2016-12-31 | 440615592 |
| 2015 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2015 401k financial data |
|---|
| 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 | $19,903 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $16,803 |
| Total income from all sources (including contributions) | 2015-12-31 | $646,587 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $649,145 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $649,075 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $646,587 |
| Value of total assets at end of year | 2015-12-31 | $31,022 |
| Value of total assets at beginning of year | 2015-12-31 | $30,480 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $70 |
| Total interest from all sources | 2015-12-31 | $0 |
| 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 |
| Administrative expenses professional fees incurred | 2015-12-31 | $70 |
| Was this plan covered by a fidelity bond | 2015-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $643,881 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $7,375 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $5,282 |
| 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 | $19,903 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $16,803 |
| Total non interest bearing cash at end of year | 2015-12-31 | $23,647 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $25,198 |
| 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 | $-2,558 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $11,119 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $13,677 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $396,876 |
| 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 | $2,706 |
| Employer contributions (assets) at end of year | 2015-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $252,199 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2015-12-31 | 440615592 |
| 2014 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2014 401k financial data |
|---|
| 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 | $16,803 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $35,342 |
| Total income from all sources (including contributions) | 2014-12-31 | $486,528 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $472,851 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $472,811 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $486,528 |
| Value of total assets at end of year | 2014-12-31 | $30,480 |
| Value of total assets at beginning of year | 2014-12-31 | $35,342 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $40 |
| Total interest from all sources | 2014-12-31 | $0 |
| 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 | $40 |
| Was this plan covered by a fidelity bond | 2014-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $486,057 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $5,282 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $4,669 |
| 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 | $263 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $16,803 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $35,079 |
| Total non interest bearing cash at end of year | 2014-12-31 | $25,198 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $30,673 |
| 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 | $13,677 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $13,677 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $0 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $226,786 |
| 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 | $471 |
| Employer contributions (assets) at end of year | 2014-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $246,025 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2014-12-31 | 440615592 |
| 2013 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2013 401k financial data |
|---|
| 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 | $35,342 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $36,571 |
| Total income from all sources (including contributions) | 2013-12-31 | $577,529 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $577,529 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $577,215 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $577,529 |
| Value of total assets at end of year | 2013-12-31 | $35,342 |
| Value of total assets at beginning of year | 2013-12-31 | $36,571 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $314 |
| Total interest from all sources | 2013-12-31 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2013-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $577,529 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $4,669 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $5,055 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $263 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
| Administrative expenses (other) incurred | 2013-12-31 | $264 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $35,079 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $36,571 |
| Total non interest bearing cash at end of year | 2013-12-31 | $30,673 |
| Total non interest bearing cash at beginning of year | 2013-12-31 | $31,509 |
| 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 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $0 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2013-12-31 | $256,531 |
| 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 |
| Employer contributions (assets) at end of year | 2013-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $7 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $320,684 |
| Contract administrator fees | 2013-12-31 | $50 |
| Did the plan have assets held for investment | 2013-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2013-12-31 | 440615592 |
| 2012 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2012 401k financial data |
|---|
| 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 | $36,571 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $25,880 |
| Total income from all sources (including contributions) | 2012-12-31 | $574,818 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $574,818 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $574,758 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $574,803 |
| Value of total assets at end of year | 2012-12-31 | $36,571 |
| Value of total assets at beginning of year | 2012-12-31 | $25,880 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $60 |
| Total interest from all sources | 2012-12-31 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2012-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $574,803 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $5,055 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $8,770 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $1,074 |
| Other income not declared elsewhere | 2012-12-31 | $15 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $36,571 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $24,806 |
| Total non interest bearing cash at end of year | 2012-12-31 | $31,509 |
| Total non interest bearing cash at beginning of year | 2012-12-31 | $17,110 |
| 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 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $0 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $242,765 |
| 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 |
| Contributions received in cash from employer | 2012-12-31 | $0 |
| Employer contributions (assets) at end of year | 2012-12-31 | $7 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $331,993 |
| Contract administrator fees | 2012-12-31 | $60 |
| Did the plan have assets held for investment | 2012-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2012-12-31 | 440615592 |
| 2011 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2011 401k financial data |
|---|
| 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 | $25,880 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $31,789 |
| Total income from all sources (including contributions) | 2011-12-31 | $600,831 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $600,831 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $599,833 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $600,831 |
| Value of total assets at end of year | 2011-12-31 | $25,880 |
| Value of total assets at beginning of year | 2011-12-31 | $31,789 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $998 |
| Total interest from all sources | 2011-12-31 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2011-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $600,831 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $8,770 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $8,760 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $1,074 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $681 |
| Administrative expenses (other) incurred | 2011-12-31 | $948 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $24,806 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $31,108 |
| Total non interest bearing cash at end of year | 2011-12-31 | $17,110 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $23,029 |
| 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 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $0 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2011-12-31 | $267,618 |
| 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 |
| Employer contributions (assets) at end of year | 2011-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $332,215 |
| Contract administrator fees | 2011-12-31 | $50 |
| Did the plan have assets held for investment | 2011-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2011-12-31 | 440615592 |
| 2010 : CITIZENS BANCSHARES COMPANY CAFETERIA PLAN 2010 401k financial data |
|---|
| 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 | $31,789 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $58,443 |
| Total income from all sources (including contributions) | 2010-12-31 | $633,781 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $633,781 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $633,070 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $633,781 |
| Value of total assets at end of year | 2010-12-31 | $31,789 |
| Value of total assets at beginning of year | 2010-12-31 | $58,443 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $711 |
| Total interest from all sources | 2010-12-31 | $0 |
| 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 |
| Was this plan covered by a fidelity bond | 2010-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $633,781 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $8,760 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $8,760 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $681 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $8,312 |
| Administrative expenses (other) incurred | 2010-12-31 | $681 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $31,108 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $50,131 |
| Total non interest bearing cash at end of year | 2010-12-31 | $23,029 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $47,887 |
| 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 | $0 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $0 |
| 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 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $267,082 |
| 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 |
| Employer contributions (assets) at end of year | 2010-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $1,796 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $365,988 |
| Contract administrator fees | 2010-12-31 | $30 |
| Did the plan have assets held for investment | 2010-12-31 | 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 | 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 | HARDEN CUMMINS MOSS & MILLER, LLC |
| Accountancy firm EIN | 2010-12-31 | 440615592 |
