BORDER BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : BORDER BANK 401K PLAN & TRUST 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,630,243 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,060,847 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,012,892 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,290,202 |
Value of total assets at end of year | 2022-12-31 | $14,645,320 |
Value of total assets at beginning of year | 2022-12-31 | $17,336,410 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $47,955 |
Total interest from all sources | 2022-12-31 | $7,288 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $274,498 |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $274,498 |
Administrative expenses professional fees incurred | 2022-12-31 | $47,955 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $836,601 |
Participant contributions at end of year | 2022-12-31 | $236,962 |
Participant contributions at beginning of year | 2022-12-31 | $211,861 |
Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $23,648 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,691,090 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $14,645,320 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $17,336,410 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $13,624,167 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $16,541,964 |
Interest on participant loans | 2022-12-31 | $7,288 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $784,191 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $582,585 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,202,231 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $429,953 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,012,892 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | OLSEN, THIELEN & CO., LTD |
Accountancy firm EIN | 2022-12-31 | 411360831 |
2021 : BORDER BANK 401K PLAN & TRUST 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $1,990,087 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $3,448,050 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $1,574,620 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,555,754 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,508,213 |
Value of total assets at end of year | 2021-12-31 | $17,336,410 |
Value of total assets at beginning of year | 2021-12-31 | $13,472,893 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $18,866 |
Total interest from all sources | 2021-12-31 | $10,988 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $2,225,612 |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $2,225,612 |
Administrative expenses professional fees incurred | 2021-12-31 | $18,866 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $845,425 |
Participant contributions at end of year | 2021-12-31 | $211,861 |
Participant contributions at beginning of year | 2021-12-31 | $210,733 |
Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $44,670 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $232,435 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,873,430 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $17,336,410 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,472,893 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $16,541,964 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $12,353,139 |
Interest on participant loans | 2021-12-31 | $10,333 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $582,585 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $598,611 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $265,740 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $265,740 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $655 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-296,763 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $430,353 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,555,754 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | OLSEN, THIELEN & CO., LTD |
Accountancy firm EIN | 2021-12-31 | 411360831 |
2020 : BORDER BANK 401K PLAN & TRUST 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $3,386,396 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $872,627 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $868,615 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,428,792 |
Value of total assets at end of year | 2020-12-31 | $13,472,893 |
Value of total assets at beginning of year | 2020-12-31 | $10,959,124 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $4,012 |
Total interest from all sources | 2020-12-31 | $12,739 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $361,325 |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $361,325 |
Administrative expenses professional fees incurred | 2020-12-31 | $3,248 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $631,256 |
Participant contributions at end of year | 2020-12-31 | $210,733 |
Participant contributions at beginning of year | 2020-12-31 | $242,648 |
Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $44,670 |
Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $42,326 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $458,272 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $764 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $2,513,769 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,472,893 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $10,959,124 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $12,353,139 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $10,133,479 |
Interest on participant loans | 2020-12-31 | $12,072 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $598,611 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $275,543 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $265,740 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $265,005 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $265,005 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $667 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,583,540 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $339,264 |
Employer contributions (assets) at end of year | 2020-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $123 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $868,615 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | OLSEN, THIELEN & CO., LTD. |
Accountancy firm EIN | 2020-12-31 | 411360831 |