401k Plan data: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST plan

THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan Name	THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST
Plan identification number	001

THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

THE BENNINGTON STATE BANK has sponsored the creation of one or more 401k plans.

Company Name: THE BENNINGTON STATE BANK

Employer identification number (EIN): 480137740

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 BRANDY FELZIEN
001 2016-01-01 BRANDY FELZIEN
001 2015-01-01 CASEY HOFFMAN
001 2014-01-01 CASEY HOFFMAN 2015-07-15 CASEY HOFFMAN 2015-07-15
001 2013-01-01 CASEY HOFFMAN 2014-07-25 CASEY HOFFMAN 2014-07-25
001 2012-01-01 CASEY HOFFMAN 2013-10-15 CASEY HOFFMAN 2013-10-15
001 2011-01-01 CASEY HOFFMAN 2012-07-10
001 2010-01-01 JEFF WEISHAAR 2011-07-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	BRANDY FELZIEN
001	2016-01-01	BRANDY FELZIEN
001	2015-01-01	CASEY HOFFMAN
001	2014-01-01	CASEY HOFFMAN	2015-07-15	CASEY HOFFMAN	2015-07-15
001	2013-01-01	CASEY HOFFMAN	2014-07-25	CASEY HOFFMAN	2014-07-25
001	2012-01-01	CASEY HOFFMAN	2013-10-15	CASEY HOFFMAN	2013-10-15
001	2011-01-01	CASEY HOFFMAN	2012-07-10
001	2010-01-01	JEFF WEISHAAR	2011-07-29

Plan Statistics for THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST

Measure Date Value
2022: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 122
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 29
Total of all active and inactive participants 2022-01-01 151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 151
Number of participants with account balances 2022-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 5
2021: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 118
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 110
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 16
Total of all active and inactive participants 2021-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 126
Number of participants with account balances 2021-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 100
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 16
Total of all active and inactive participants 2020-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 116
Number of participants with account balances 2020-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 6
2019: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 118
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 121
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 9
Total of all active and inactive participants 2019-01-01 130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 130
Number of participants with account balances 2019-01-01 100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 2
2018: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 116
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 112
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 9
Total of all active and inactive participants 2018-01-01 121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 121
Number of participants with account balances 2018-01-01 100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 2
2017: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year 2017-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 104
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 12
Total of all active and inactive participants 2017-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 116
Number of participants with account balances 2017-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 98
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 10
Total of all active and inactive participants 2016-01-01 108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 108
Number of participants with account balances 2016-01-01 91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 4
2015: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 93
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 99
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 6
Total of all active and inactive participants 2015-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 105
Number of participants with account balances 2015-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 3

Measure	Date	Value
2022: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	122
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	29
Total of all active and inactive participants	2022-01-01	151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	151
Number of participants with account balances	2022-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	5
2021: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	118
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	110
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	16
Total of all active and inactive participants	2021-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	126
Number of participants with account balances	2021-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	100
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	16
Total of all active and inactive participants	2020-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	116
Number of participants with account balances	2020-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	6
2019: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	118
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	121
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	9
Total of all active and inactive participants	2019-01-01	130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	130
Number of participants with account balances	2019-01-01	100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	2
2018: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	116
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	112
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	9
Total of all active and inactive participants	2018-01-01	121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	121
Number of participants with account balances	2018-01-01	100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	2
2017: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year	2017-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	104
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	12
Total of all active and inactive participants	2017-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	116
Number of participants with account balances	2017-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	98
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	10
Total of all active and inactive participants	2016-01-01	108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	108
Number of participants with account balances	2016-01-01	91
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	4
2015: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	93
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	99
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	6
Total of all active and inactive participants	2015-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	105
Number of participants with account balances	2015-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	3

Financial Data on THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST

Measure	Date	Value
2022 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2022 401k financial data
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	$-1,116,025
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$2,150,287
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,109,894
Expenses. Certain deemed distributions of participant loans	2022-12-31	$31,564
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$352,188
Value of total assets at end of year	2022-12-31	$6,701,639
Value of total assets at beginning of year	2022-12-31	$9,967,951
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$8,829
Total interest from all sources	2022-12-31	$2,762
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$178,926
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$178,926
Administrative expenses professional fees incurred	2022-12-31	$8,829
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$4,750,000
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	$188,253
Participant contributions at end of year	2022-12-31	$81,296
Participant contributions at beginning of year	2022-12-31	$66,139
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$79,893
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$62,790
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$163,935
Total non interest bearing cash at end of year	2022-12-31	$9,097
Total non interest bearing cash at beginning of year	2022-12-31	$675
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	$-3,266,312
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$6,701,639
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$9,967,951
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	$6,531,353
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$9,838,347
Interest on participant loans	2022-12-31	$2,762
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,649,901
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	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,109,894
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	KRUGGEL LAWTON & COMPANY CPA
Accountancy firm EIN	2022-12-31	351307701
2021 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
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	$2,006,988
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,497,752
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,480,241
Expenses. Certain deemed distributions of participant loans	2021-12-31	$9,832
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,009,410
Value of total assets at end of year	2021-12-31	$9,967,951
Value of total assets at beginning of year	2021-12-31	$9,458,715
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$7,679
Total interest from all sources	2021-12-31	$2,540
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Administrative expenses professional fees incurred	2021-12-31	$7,679
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$4,750,000
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	$164,723
Participant contributions at end of year	2021-12-31	$66,139
Participant contributions at beginning of year	2021-12-31	$94,597
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$62,790
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$48,693
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$844,687
Total non interest bearing cash at end of year	2021-12-31	$675
Total non interest bearing cash at beginning of year	2021-12-31	$11,099
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	$509,236
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$9,967,951
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$9,458,715
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	$9,838,347
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$9,292,529
Interest on participant loans	2021-12-31	$2,540
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	$11,797
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$11,797
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$995,038
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,480,241
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	KRUGGEL LAWTON & COMPANY CPA
Accountancy firm EIN	2021-12-31	351307701
2020 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2020 401k financial data
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	$2,005,823
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,495,222
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,485,018
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,139,794
Value of total assets at end of year	2020-12-31	$9,458,715
Value of total assets at beginning of year	2020-12-31	$8,948,114
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$10,204
Total interest from all sources	2020-12-31	$5,503
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$271,025
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$271,025
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$4,750,000
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	$104,741
Participant contributions at end of year	2020-12-31	$94,597
Participant contributions at beginning of year	2020-12-31	$166,506
Assets. Other investments not covered elsewhere at end of year	2020-12-31	$48,693
Assets. Other investments not covered elsewhere at beginning of year	2020-12-31	$47,565
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$1,035,053
Total non interest bearing cash at end of year	2020-12-31	$11,099
Total non interest bearing cash at beginning of year	2020-12-31	$0
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	$510,601
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$9,458,715
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$8,948,114
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	$9,292,529
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$8,706,776
Interest on participant loans	2020-12-31	$5,503
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$11,797
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$27,267
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$27,267
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$589,501
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,485,018
Contract administrator fees	2020-12-31	$10,204
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	Disclaimer
Accountancy firm name	2020-12-31	KRUGGEL LAWTON & COMPANY CPA
Accountancy firm EIN	2020-12-31	351307701
2019 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$3,041
Unrealized appreciation/depreciation of other (non real estate) assets	2019-12-31	$3,041
Total unrealized appreciation/depreciation of assets	2019-12-31	$3,041
Total unrealized appreciation/depreciation of assets	2019-12-31	$3,041
Total transfer of assets to this plan	2019-12-31	$1,400,000
Total transfer of assets to this plan	2019-12-31	$1,400,000
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$2,048,736
Total income from all sources (including contributions)	2019-12-31	$2,048,736
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$577,773
Total of all expenses incurred	2019-12-31	$577,773
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$570,650
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$570,650
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$655,733
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$655,733
Value of total assets at end of year	2019-12-31	$8,945,458
Value of total assets at end of year	2019-12-31	$8,945,458
Value of total assets at beginning of year	2019-12-31	$6,074,495
Value of total assets at beginning of year	2019-12-31	$6,074,495
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$7,123
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$7,123
Total interest from all sources	2019-12-31	$7,004
Total interest from all sources	2019-12-31	$7,004
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$264,822
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$264,822
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$264,822
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$264,822
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$4,750,000
Value of fidelity bond cover	2019-12-31	$4,750,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$116,432
Contributions received from participants	2019-12-31	$116,432
Participant contributions at end of year	2019-12-31	$166,506
Participant contributions at end of year	2019-12-31	$166,506
Participant contributions at beginning of year	2019-12-31	$148,951
Participant contributions at beginning of year	2019-12-31	$148,951
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$47,565
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$47,565
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$42,878
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$42,878
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$112,777
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,470,963
Value of net income/loss	2019-12-31	$1,470,963
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$8,945,458
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$8,945,458
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$6,074,495
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$6,074,495
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$8,706,776
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$8,706,776
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,856,574
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$5,856,574
Interest on participant loans	2019-12-31	$6,433
Interest on participant loans	2019-12-31	$6,433
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$24,611
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$24,611
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$26,092
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$26,092
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$26,092
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$26,092
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$571
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$571
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,118,136
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,118,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$426,524
Contributions received in cash from employer	2019-12-31	$426,524
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$570,650
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$570,650
Contract administrator fees	2019-12-31	$7,123
Contract administrator fees	2019-12-31	$7,123
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	KRUGGEL LAWTON & COMPANY CPA
Accountancy firm name	2019-12-31	KRUGGEL LAWTON & COMPANY CPA
Accountancy firm EIN	2019-12-31	123123123
Accountancy firm EIN	2019-12-31	123123123
2018 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2018 401k financial data
Total income from all sources	2018-12-31	$905,225
Expenses. Total of all expenses incurred	2018-12-31	$213,890
Benefits paid (including direct rollovers)	2018-12-31	$204,600
Total plan assets at end of year	2018-12-31	$6,074,496
Total plan assets at beginning of year	2018-12-31	$5,383,161
Value of fidelity bond covering the plan	2018-12-31	$4,750,000
Total contributions received or receivable from participants	2018-12-31	$121,185
Contributions received from other sources (not participants or employers)	2018-12-31	$741,448
Other income received	2018-12-31	$-327,408
Net income (gross income less expenses)	2018-12-31	$691,335
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$6,074,496
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$5,383,161
Assets. Value of participant loans	2018-12-31	$148,951
Assets. Value of real-estate (other than employer real property)	2018-12-31	$26,095
Total contributions received or receivable from employer(s)	2018-12-31	$370,000
Value of corrective distributions	2018-12-31	$3,476
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$5,814
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2017 401k financial data
Total income from all sources	2017-12-31	$954,982
Expenses. Total of all expenses incurred	2017-12-31	$820,031
Benefits paid (including direct rollovers)	2017-12-31	$813,186
Total plan assets at end of year	2017-12-31	$5,383,161
Total plan assets at beginning of year	2017-12-31	$5,248,210
Value of fidelity bond covering the plan	2017-12-31	$4,750,000
Total contributions received or receivable from participants	2017-12-31	$112,787
Expenses. Other expenses not covered elsewhere	2017-12-31	$1,868
Contributions received from other sources (not participants or employers)	2017-12-31	$66,434
Other income received	2017-12-31	$775,761
Net income (gross income less expenses)	2017-12-31	$134,951
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$5,383,161
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$5,248,210
Assets. Value of participant loans	2017-12-31	$152,951
Assets. Value of real-estate (other than employer real property)	2017-12-31	$11,798
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$4,977
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2016 401k financial data
Total income from all sources	2016-12-31	$860,568
Expenses. Total of all expenses incurred	2016-12-31	$1,245,568
Benefits paid (including direct rollovers)	2016-12-31	$1,228,226
Total plan assets at end of year	2016-12-31	$5,248,210
Total plan assets at beginning of year	2016-12-31	$5,633,210
Value of fidelity bond covering the plan	2016-12-31	$4,750,000
Total contributions received or receivable from participants	2016-12-31	$86,652
Expenses. Other expenses not covered elsewhere	2016-12-31	$375
Contributions received from other sources (not participants or employers)	2016-12-31	$329,977
Other income received	2016-12-31	$443,939
Net income (gross income less expenses)	2016-12-31	$-385,000
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$5,248,210
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$5,633,210
Assets. Value of participant loans	2016-12-31	$60,804
Assets. Value of employer securities	2016-12-31	$27,345
Value of certain deemed distributions of participant loans	2016-12-31	$10,453
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$6,514
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Total income from all sources	2015-12-31	$943,387
Expenses. Total of all expenses incurred	2015-12-31	$76,458
Benefits paid (including direct rollovers)	2015-12-31	$73,039
Total plan assets at end of year	2015-12-31	$5,633,210
Total plan assets at beginning of year	2015-12-31	$4,766,281
Value of fidelity bond covering the plan	2015-12-31	$4,750,000
Total contributions received or receivable from participants	2015-12-31	$39,990
Expenses. Other expenses not covered elsewhere	2015-12-31	$600
Contributions received from other sources (not participants or employers)	2015-12-31	$1,547,932
Other income received	2015-12-31	$-644,535
Net income (gross income less expenses)	2015-12-31	$866,929
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$5,633,210
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$4,766,281
Assets. Value of participant loans	2015-12-31	$81,398
Assets. Value of employer securities	2015-12-31	$39,612
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$2,819
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0

Form 5500 Responses for THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST

2022: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: THE BENNINGTON STATE BANK EMPLOYEE PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE BENNINGTON STATE BANK
Employer identification number (EIN):	480137740
NAIC Classification:	522110
NAIC Description:	Commercial Banking