Logo

BISON STATE BANK 401(K)/PROFIT SHARING PLAN 401k Plan overview

Plan NameBISON STATE BANK 401(K)/PROFIT SHARING PLAN
Plan identification number 001

BISON STATE BANK 401(K)/PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

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

Company Name:BISON STATE BANK
Employer identification number (EIN):480140950
NAIC Classification:522292
NAIC Description:Real Estate Credit

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BISON STATE BANK 401(K)/PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RYAN WIEBE2024-10-04 RYAN WIEBE2024-10-04
0012022-01-01
0012022-01-01RYAN WIEBE
0012022-01-01RYAN WIEBE
0012021-01-01
0012021-01-01RYAN WIEBE
0012020-01-01RYAN WIEBE2021-06-14 RYAN WIEBE2021-06-14
0012019-01-01RYAN WIEBE2020-06-03 RYAN WIEBE2020-06-03

Financial Data on BISON STATE BANK 401(K)/PROFIT SHARING PLAN

Measure Date Value
2025 : BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-06-261098
Total liabilities as of the beginning of the plan year2025-06-2631930
Total expenses incurred by plan in this plan year2025-06-26776594
Net assets as of the end of the plan year2025-06-262406773
Total assets as of the beginning of the plan year2025-06-262774273
Value of plan covered by a fidelity bond2025-06-26300000
Participant contributions to plan in this plan year2025-06-2641047
Value of participant loans at end of plan year2025-06-2629141
Other contributions to plan in this plan year2025-06-2615470
Other income to plan in this plan year2025-06-26273780
Plan net income in this plan year2025-06-26-336668
Net assets as of the end of the plan year2025-06-262405675
Net assets as of the beginning of the plan year2025-06-262742343
Employer contributions to plan in this plan year2025-06-26109629
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-266977
2024 : BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-0431930
Total liabilities as of the beginning of the plan year2024-10-0422381
Total expenses incurred by plan in this plan year2024-10-04610521
Net assets as of the end of the plan year2024-10-042774273
Total assets as of the beginning of the plan year2024-10-042870923
Value of plan covered by a fidelity bond2024-10-04300000
Participant contributions to plan in this plan year2024-10-0491316
Value of participant loans at end of plan year2024-10-0438664
Other income to plan in this plan year2024-10-04413006
Plan net income in this plan year2024-10-04-106199
Net assets as of the end of the plan year2024-10-042742343
Net assets as of the beginning of the plan year2024-10-042848542
Employer contributions to plan in this plan year2024-10-040
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0410460
2022 : BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$16,987
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$50,092
Total income from all sources (including contributions)2022-12-31$94,603
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$768,006
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$757,736
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$725,455
Value of total assets at end of year2022-12-31$2,870,923
Value of total assets at beginning of year2022-12-31$3,577,431
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$10,270
Total interest from all sources2022-12-31$-630,852
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$10,270
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$300,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$172,491
Participant contributions at end of year2022-12-31$47,598
Participant contributions at beginning of year2022-12-31$17,645
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$191,011
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$16,987
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$50,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-673,403
Value of net assets at end of year (total assets less liabilities)2022-12-31$2,853,936
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,527,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,720,960
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$3,250,204
Interest on participant loans2022-12-31$1,315
Interest earned on other investments2022-12-31$-632,167
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$102,365
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$309,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$361,953
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$757,736
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DARIN R CRULL, CPA, LLC
Accountancy firm EIN2022-12-31273817816
Total unrealized appreciation/depreciation of assets2022-01-01$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$16,987
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$50,092
Total income from all sources (including contributions)2022-01-01$94,603
Total loss/gain on sale of assets2022-01-01$0
Total of all expenses incurred2022-01-01$768,006
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$757,736
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$725,455
Value of total assets at end of year2022-01-01$2,870,923
Value of total assets at beginning of year2022-01-01$3,577,431
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$10,270
Total interest from all sources2022-01-01$-630,852
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Administrative expenses professional fees incurred2022-01-01$10,270
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$300,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$172,491
Participant contributions at end of year2022-01-01$47,598
Participant contributions at beginning of year2022-01-01$17,645
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$191,011
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-01-01$16,987
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-01-01$50,092
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-673,403
Value of net assets at end of year (total assets less liabilities)2022-01-01$2,853,936
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$3,527,339
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$2,720,960
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$3,250,204
Interest on participant loans2022-01-01$1,315
Interest earned on other investments2022-01-01$-632,167
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$102,365
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$309,582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$361,953
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$757,736
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01DARIN R CRULL, CPA, LLC
Accountancy firm EIN2022-01-01273817816
2021 : BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$50,092
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$31,878
Total income from all sources (including contributions)2021-12-31$1,837,414
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$305,864
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$301,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,439,378
Value of total assets at end of year2021-12-31$3,577,431
Value of total assets at beginning of year2021-12-31$2,027,667
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$3,935
Total interest from all sources2021-12-31$0
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 year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$3,935
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$250,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$566,729
Participant contributions at end of year2021-12-31$17,645
Participant contributions at beginning of year2021-12-31$19,450
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$532,074
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$50,092
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$31,878
Other income not declared elsewhere2021-12-31$-8,061
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,531,550
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,527,339
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$1,995,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$3,559,786
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,008,217
Income. Interest from loans (other than to participants)2021-12-31$1,128
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$309,582
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$27,743
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$398,036
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$340,575
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$301,929
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DARIN R. CRULL CPA, LLC
Accountancy firm EIN2021-12-31273817816

Form 5500 Responses for BISON STATE BANK 401(K)/PROFIT SHARING PLAN

2022: BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BISON STATE BANK 401(K)/PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedYes
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number816878
Policy instance 1
Insurance contract or identification number816878
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number816878
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1