401k Plan data: COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN plan

COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN
Plan identification number	001

COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN Benefits

401k Plan Type	Defined Benefit Pension
Plan Features/Benefits	Benefits are primarily pay related Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

COASTWAY COMMUNITY BANK ESOP has sponsored the creation of one or more 401k plans.

Company Name: COASTWAY COMMUNITY BANK ESOP

Employer identification number (EIN): 461710155

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 RICHARD H. PETRARCA 2018-07-20
001 2016-01-01 RICHARD H. PETRARCA 2017-07-13
001 2015-01-01 RICHARD H. PETRARCA 2016-08-10
001 2014-01-01 RICHARD H PETRARCA 2015-08-17
001 2013-01-01 RICHARD H PETRARCA 2014-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-01-01	RICHARD H. PETRARCA	2018-07-20
001	2016-01-01	RICHARD H. PETRARCA	2017-07-13
001	2015-01-01	RICHARD H. PETRARCA	2016-08-10
001	2014-01-01	RICHARD H PETRARCA	2015-08-17
001	2013-01-01	RICHARD H PETRARCA	2014-10-15

Plan Statistics for COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN

401k plan membership statisitcs for COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN

Measure Date Value
2017: COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 1,419,875
Acturial value of plan assets 2017-12-31 1,419,875
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 356,534
Number of terminated vested participants 2017-12-31 19
Fundng target for terminated vested participants 2017-12-31 724,167
Active participant vested funding target 2017-12-31 203,623
Number of active participants 2017-12-31 6
Total funding liabilities for active participants 2017-12-31 203,623
Total participant count 2017-12-31 31
Total funding target for all participants 2017-12-31 1,284,324
Balance at beginning of prior year after applicable adjustments 2017-12-31 243,258
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 159,817
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 243,258
Amount remaining of prefunding balance 2017-12-31 159,817
Present value of excess contributions 2017-12-31 233
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 247
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 247
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 254,983
Balance of prefunding at beginning of current year 2017-12-31 167,767
Total employer contributions 2017-12-31 8,116
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 7,997
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 7,533
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 7,533
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 7,533
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 7,997
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 1,445,009
Acturial value of plan assets 2016-12-31 1,445,009
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 263,657
Number of terminated vested participants 2016-12-31 21
Fundng target for terminated vested participants 2016-12-31 809,781
Active participant vested funding target 2016-12-31 187,258
Number of active participants 2016-12-31 6
Total funding liabilities for active participants 2016-12-31 187,258
Total participant count 2016-12-31 32
Total funding target for all participants 2016-12-31 1,260,696
Balance at beginning of prior year after applicable adjustments 2016-12-31 239,028
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 156,721
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 239,028
Amount remaining of prefunding balance 2016-12-31 156,721
Present value of excess contributions 2016-12-31 304
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 323
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 323
Balance of carryovers at beginning of current year 2016-12-31 243,259
Balance of prefunding at beginning of current year 2016-12-31 159,817
Total employer contributions 2016-12-31 8,508
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 8,349
Liquidity shortfalls end of Q1 2016-12-31 0
Liquidity shortfalls end of Q2 2016-12-31 0
Liquidity shortfalls end of Q3 2016-12-31 0
Liquidity shortfalls end of Q4 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 8,116
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 8,116
Additional cash requirement 2016-12-31 8,116
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 8,349
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2017: COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	1,419,875
Acturial value of plan assets	2017-12-31	1,419,875
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	356,534
Number of terminated vested participants	2017-12-31	19
Fundng target for terminated vested participants	2017-12-31	724,167
Active participant vested funding target	2017-12-31	203,623
Number of active participants	2017-12-31	6
Total funding liabilities for active participants	2017-12-31	203,623
Total participant count	2017-12-31	31
Total funding target for all participants	2017-12-31	1,284,324
Balance at beginning of prior year after applicable adjustments	2017-12-31	243,258
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	159,817
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	243,258
Amount remaining of prefunding balance	2017-12-31	159,817
Present value of excess contributions	2017-12-31	233
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	247
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	247
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	254,983
Balance of prefunding at beginning of current year	2017-12-31	167,767
Total employer contributions	2017-12-31	8,116
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	7,997
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	7,533
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	7,533
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	7,533
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	7,997
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: COASTWAY COMMUNITY BANK DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	1,445,009
Acturial value of plan assets	2016-12-31	1,445,009
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	263,657
Number of terminated vested participants	2016-12-31	21
Fundng target for terminated vested participants	2016-12-31	809,781
Active participant vested funding target	2016-12-31	187,258
Number of active participants	2016-12-31	6
Total funding liabilities for active participants	2016-12-31	187,258
Total participant count	2016-12-31	32
Total funding target for all participants	2016-12-31	1,260,696
Balance at beginning of prior year after applicable adjustments	2016-12-31	239,028
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	156,721
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	239,028
Amount remaining of prefunding balance	2016-12-31	156,721
Present value of excess contributions	2016-12-31	304
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	323
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	323
Balance of carryovers at beginning of current year	2016-12-31	243,259
Balance of prefunding at beginning of current year	2016-12-31	159,817
Total employer contributions	2016-12-31	8,508
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	8,349
Liquidity shortfalls end of Q1	2016-12-31	0
Liquidity shortfalls end of Q2	2016-12-31	0
Liquidity shortfalls end of Q3	2016-12-31	0
Liquidity shortfalls end of Q4	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	8,116
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	8,116
Additional cash requirement	2016-12-31	8,116
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	8,349
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	COASTWAY COMMUNITY BANK ESOP
Employer identification number (EIN):	461710155
NAIC Classification:	522120
NAIC Description:	Savings Institutions