OLD LINE BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2020 : OLD LINE BANK 401(K) PLAN 2020 401k financial data |
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Total income from all sources (including contributions) | 2020-06-15 | $-3,211,956 |
Total income from all sources (including contributions) | 2020-06-15 | $-3,211,956 |
Total loss/gain on sale of assets | 2020-06-15 | $-277,709 |
Total loss/gain on sale of assets | 2020-06-15 | $-277,709 |
Total of all expenses incurred | 2020-06-15 | $33,255,089 |
Total of all expenses incurred | 2020-06-15 | $33,255,089 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-15 | $33,198,496 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-15 | $33,198,496 |
Value of total assets at end of year | 2020-06-15 | $0 |
Value of total assets at end of year | 2020-06-15 | $0 |
Value of total assets at beginning of year | 2020-06-15 | $36,467,045 |
Value of total assets at beginning of year | 2020-06-15 | $36,467,045 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-15 | $56,593 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-15 | $56,593 |
Total interest from all sources | 2020-06-15 | $2,223 |
Total interest from all sources | 2020-06-15 | $2,223 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-06-15 | $9,882 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-06-15 | $9,882 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-15 | Yes |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-15 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-06-15 | $0 |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-06-15 | $0 |
Was this plan covered by a fidelity bond | 2020-06-15 | Yes |
Was this plan covered by a fidelity bond | 2020-06-15 | Yes |
Value of fidelity bond cover | 2020-06-15 | $1,000,000 |
Value of fidelity bond cover | 2020-06-15 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2020-06-15 | No |
If this is an individual account plan, was there a blackout period | 2020-06-15 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-06-15 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-06-15 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-06-15 | No |
Participant contributions at end of year | 2020-06-15 | $0 |
Participant contributions at end of year | 2020-06-15 | $0 |
Participant contributions at beginning of year | 2020-06-15 | $515,636 |
Participant contributions at beginning of year | 2020-06-15 | $515,636 |
Administrative expenses (other) incurred | 2020-06-15 | $24,628 |
Administrative expenses (other) incurred | 2020-06-15 | $24,628 |
Total non interest bearing cash at end of year | 2020-06-15 | $0 |
Total non interest bearing cash at end of year | 2020-06-15 | $0 |
Total non interest bearing cash at beginning of year | 2020-06-15 | $29,337 |
Total non interest bearing cash at beginning of year | 2020-06-15 | $29,337 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-06-15 | 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 | 2020-06-15 | No |
Value of net income/loss | 2020-06-15 | $-36,467,045 |
Value of net income/loss | 2020-06-15 | $-36,467,045 |
Value of net assets at end of year (total assets less liabilities) | 2020-06-15 | $0 |
Value of net assets at end of year (total assets less liabilities) | 2020-06-15 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-06-15 | $36,467,045 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-06-15 | $36,467,045 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-15 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-15 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-15 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-15 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-06-15 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-06-15 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-06-15 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-06-15 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-06-15 | $35,269,745 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-06-15 | $35,269,745 |
Interest on participant loans | 2020-06-15 | $2,874 |
Interest on participant loans | 2020-06-15 | $2,874 |
Interest earned on other investments | 2020-06-15 | $-744 |
Interest earned on other investments | 2020-06-15 | $-744 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-06-15 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-06-15 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-06-15 | $24,446 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-06-15 | $24,446 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-06-15 | $24,446 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-06-15 | $24,446 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-15 | $93 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-15 | $93 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-06-15 | $-2,946,352 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-06-15 | $-2,946,352 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-15 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-15 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-06-15 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-06-15 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-06-15 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-06-15 | No |
Assets. Invements in employer securities at beginning of year | 2020-06-15 | $627,881 |
Assets. Invements in employer securities at beginning of year | 2020-06-15 | $627,881 |
Income. Dividends from common stock | 2020-06-15 | $9,882 |
Income. Dividends from common stock | 2020-06-15 | $9,882 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-06-15 | $33,198,496 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-06-15 | $33,198,496 |
Contract administrator fees | 2020-06-15 | $31,965 |
Contract administrator fees | 2020-06-15 | $31,965 |
Did the plan have assets held for investment | 2020-06-15 | No |
Did the plan have assets held for investment | 2020-06-15 | 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 | 2020-06-15 | 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 | 2020-06-15 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-15 | Yes |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-15 | Yes |
Aggregate proceeds on sale of assets | 2020-06-15 | $-277,709 |
Aggregate proceeds on sale of assets | 2020-06-15 | $-277,709 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-15 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-15 | Yes |
Opinion of an independent qualified public accountant for this plan | 2020-06-15 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2020-06-15 | Disclaimer |
Accountancy firm name | 2020-06-15 | DIXON HUGHES GOODMAN LLP |
Accountancy firm name | 2020-06-15 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2020-06-15 | 560747981 |
Accountancy firm EIN | 2020-06-15 | 560747981 |
2019 : OLD LINE BANK 401(K) PLAN 2019 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $77,217 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $77,217 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $77,217 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $77,217 |
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 | $9,473,365 |
Total income from all sources (including contributions) | 2019-12-31 | $9,473,365 |
Total of all expenses incurred | 2019-12-31 | $3,937,678 |
Total of all expenses incurred | 2019-12-31 | $3,937,678 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $3,803,280 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $3,803,280 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,782,972 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,782,972 |
Value of total assets at end of year | 2019-12-31 | $36,467,045 |
Value of total assets at end of year | 2019-12-31 | $36,467,045 |
Value of total assets at beginning of year | 2019-12-31 | $30,931,358 |
Value of total assets at beginning of year | 2019-12-31 | $30,931,358 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $134,398 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $134,398 |
Total interest from all sources | 2019-12-31 | $30,052 |
Total interest from all sources | 2019-12-31 | $30,052 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $9,429 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $9,429 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2019-12-31 | $0 |
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 | $1,000,000 |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $1,777,742 |
Contributions received from participants | 2019-12-31 | $1,777,742 |
Participant contributions at end of year | 2019-12-31 | $515,636 |
Participant contributions at end of year | 2019-12-31 | $515,636 |
Participant contributions at beginning of year | 2019-12-31 | $619,158 |
Participant contributions at beginning of year | 2019-12-31 | $619,158 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $172,878 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $172,878 |
Administrative expenses (other) incurred | 2019-12-31 | $17,050 |
Administrative expenses (other) incurred | 2019-12-31 | $17,050 |
Total non interest bearing cash at end of year | 2019-12-31 | $29,337 |
Total non interest bearing cash at end of year | 2019-12-31 | $29,337 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $22,865 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $22,865 |
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 | $5,535,687 |
Value of net income/loss | 2019-12-31 | $5,535,687 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $36,467,045 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $36,467,045 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $30,931,358 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $30,931,358 |
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 | $35,269,745 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $35,269,745 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $29,493,824 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $29,493,824 |
Interest on participant loans | 2019-12-31 | $29,693 |
Interest on participant loans | 2019-12-31 | $29,693 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $24,446 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $24,446 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $24,125 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $24,125 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $24,125 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $24,125 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $359 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $359 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $6,573,695 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $6,573,695 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $0 |
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 |
Assets. Invements in employer securities at end of year | 2019-12-31 | $627,881 |
Assets. Invements in employer securities at end of year | 2019-12-31 | $627,881 |
Assets. Invements in employer securities at beginning of year | 2019-12-31 | $771,386 |
Assets. Invements in employer securities at beginning of year | 2019-12-31 | $771,386 |
Contributions received in cash from employer | 2019-12-31 | $832,352 |
Contributions received in cash from employer | 2019-12-31 | $832,352 |
Income. Dividends from common stock | 2019-12-31 | $9,429 |
Income. Dividends from common stock | 2019-12-31 | $9,429 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $3,803,280 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $3,803,280 |
Contract administrator fees | 2019-12-31 | $117,348 |
Contract administrator fees | 2019-12-31 | $117,348 |
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 | DIXON HUGHES GOODMAN LLP |
Accountancy firm name | 2019-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2019-12-31 | 560747981 |
Accountancy firm EIN | 2019-12-31 | 560747981 |
2018 : OLD LINE BANK 401(K) PLAN 2018 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-76,403 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-76,403 |
Total transfer of assets to this plan | 2018-12-31 | $7,728,641 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $530,114 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $2,746,477 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,691,447 |
Value of total corrective distributions | 2018-12-31 | $1,437 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $2,838,779 |
Value of total assets at end of year | 2018-12-31 | $30,931,358 |
Value of total assets at beginning of year | 2018-12-31 | $25,419,080 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $53,593 |
Total interest from all sources | 2018-12-31 | $24,644 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $12,157 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $1,743,496 |
Participant contributions at end of year | 2018-12-31 | $619,158 |
Participant contributions at beginning of year | 2018-12-31 | $387,577 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $299,132 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $513 |
Other income not declared elsewhere | 2018-12-31 | $149 |
Administrative expenses (other) incurred | 2018-12-31 | $20,450 |
Total non interest bearing cash at end of year | 2018-12-31 | $22,865 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $33,693 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-2,216,363 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $30,931,358 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $25,419,080 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $29,493,824 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $24,002,754 |
Interest on participant loans | 2018-12-31 | $24,415 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $24,125 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $23,896 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $23,896 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $229 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-2,269,212 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Assets. Invements in employer securities at end of year | 2018-12-31 | $771,386 |
Assets. Invements in employer securities at beginning of year | 2018-12-31 | $970,019 |
Contributions received in cash from employer | 2018-12-31 | $796,151 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $628 |
Income. Dividends from common stock | 2018-12-31 | $12,157 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,691,447 |
Contract administrator fees | 2018-12-31 | $33,143 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2018-12-31 | 560747981 |
2017 : OLD LINE BANK 401(K) PLAN 2017 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $179,901 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $179,901 |
Total transfer of assets to this plan | 2017-12-31 | $4,725,724 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $5,254,918 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $3,461,431 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $3,442,315 |
Value of total corrective distributions | 2017-12-31 | $1,887 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,020,152 |
Value of total assets at end of year | 2017-12-31 | $25,419,080 |
Value of total assets at beginning of year | 2017-12-31 | $18,899,869 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $17,229 |
Total interest from all sources | 2017-12-31 | $13,826 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $10,544 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $1,338,311 |
Participant contributions at end of year | 2017-12-31 | $387,577 |
Participant contributions at beginning of year | 2017-12-31 | $298,063 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $72,148 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $513 |
Administrative expenses (other) incurred | 2017-12-31 | $15,077 |
Total non interest bearing cash at end of year | 2017-12-31 | $33,693 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $30,381 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $1,793,487 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $25,419,080 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $18,899,869 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $24,002,754 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $17,757,524 |
Interest on participant loans | 2017-12-31 | $13,698 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $23,896 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $23,768 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $23,768 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $128 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $3,030,495 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Assets. Invements in employer securities at end of year | 2017-12-31 | $970,019 |
Assets. Invements in employer securities at beginning of year | 2017-12-31 | $790,117 |
Contributions received in cash from employer | 2017-12-31 | $609,693 |
Employer contributions (assets) at end of year | 2017-12-31 | $628 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $16 |
Income. Dividends from common stock | 2017-12-31 | $10,544 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $3,442,315 |
Contract administrator fees | 2017-12-31 | $2,152 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2017-12-31 | 560747981 |
2016 : OLD LINE BANK 401(K) PLAN 2016 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $240,810 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $240,810 |
Total transfer of assets to this plan | 2016-12-31 | $2,762,524 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $3,930,669 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $3,325,720 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $3,315,091 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,922,893 |
Value of total assets at end of year | 2016-12-31 | $18,899,869 |
Value of total assets at beginning of year | 2016-12-31 | $15,532,396 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $10,629 |
Total interest from all sources | 2016-12-31 | $13,549 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $11,560 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $1,258,645 |
Participant contributions at end of year | 2016-12-31 | $298,063 |
Participant contributions at beginning of year | 2016-12-31 | $339,641 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $76,724 |
Administrative expenses (other) incurred | 2016-12-31 | $9,545 |
Total non interest bearing cash at end of year | 2016-12-31 | $30,381 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $29,275 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $604,949 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $18,899,869 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $15,532,396 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $17,757,524 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $13,876,532 |
Interest on participant loans | 2016-12-31 | $13,360 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $23,768 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $23,579 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $23,579 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $189 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $1,741,857 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Assets. Invements in employer securities at end of year | 2016-12-31 | $790,117 |
Assets. Invements in employer securities at beginning of year | 2016-12-31 | $1,263,353 |
Contributions received in cash from employer | 2016-12-31 | $587,524 |
Employer contributions (assets) at end of year | 2016-12-31 | $16 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $16 |
Income. Dividends from common stock | 2016-12-31 | $11,560 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $3,315,091 |
Contract administrator fees | 2016-12-31 | $1,084 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2016-12-31 | 560747981 |
2015 : OLD LINE BANK 401(K) PLAN 2015 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $145,098 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $145,098 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,590,188 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $2,272,673 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $2,257,089 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,711,883 |
Value of total assets at end of year | 2015-12-31 | $15,532,396 |
Value of total assets at beginning of year | 2015-12-31 | $16,214,881 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $15,584 |
Total interest from all sources | 2015-12-31 | $12,592 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $18,045 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $14,376 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $1,050,440 |
Participant contributions at end of year | 2015-12-31 | $339,641 |
Participant contributions at beginning of year | 2015-12-31 | $251,137 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $167,100 |
Administrative expenses (other) incurred | 2015-12-31 | $42 |
Total non interest bearing cash at end of year | 2015-12-31 | $29,275 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $25,978 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-682,485 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $15,532,396 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $16,214,881 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $13,876,532 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $14,458,813 |
Interest on participant loans | 2015-12-31 | $12,543 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $23,579 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $23,529 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $23,529 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $49 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-297,430 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at end of year | 2015-12-31 | $1,263,353 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $1,455,424 |
Contributions received in cash from employer | 2015-12-31 | $494,343 |
Employer contributions (assets) at end of year | 2015-12-31 | $16 |
Income. Dividends from common stock | 2015-12-31 | $18,045 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $2,257,089 |
Contract administrator fees | 2015-12-31 | $1,166 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2015-12-31 | 560747981 |
2014 : OLD LINE BANK 401(K) PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $126,752 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $126,752 |
Total transfer of assets to this plan | 2014-12-31 | $143,907 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $2,411,374 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $2,666,945 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,646,825 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,533,722 |
Value of total assets at end of year | 2014-12-31 | $16,214,881 |
Value of total assets at beginning of year | 2014-12-31 | $16,326,545 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $20,120 |
Total interest from all sources | 2014-12-31 | $7,450 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $17,808 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $18,805 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $986,314 |
Participant contributions at end of year | 2014-12-31 | $251,137 |
Participant contributions at beginning of year | 2014-12-31 | $54,184 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $73,920 |
Administrative expenses (other) incurred | 2014-12-31 | $51 |
Total non interest bearing cash at end of year | 2014-12-31 | $25,978 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $4,163,422 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $-255,571 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $16,214,881 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $16,326,545 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $14,458,813 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $10,643,712 |
Interest on participant loans | 2014-12-31 | $7,403 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $23,529 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $27,001 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $27,001 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $47 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $725,642 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Assets. Invements in employer securities at end of year | 2014-12-31 | $1,455,424 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $1,434,543 |
Contributions received in cash from employer | 2014-12-31 | $473,488 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $3,683 |
Income. Dividends from common stock | 2014-12-31 | $17,808 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,646,825 |
Contract administrator fees | 2014-12-31 | $1,264 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2014-12-31 | 560747981 |
2013 : OLD LINE BANK 401(K) PLAN 2013 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $401,510 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $401,510 |
Total transfer of assets to this plan | 2013-12-31 | $4,125,746 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $2,454,107 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $1,740,736 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,727,130 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $919,697 |
Value of total assets at end of year | 2013-12-31 | $16,326,545 |
Value of total assets at beginning of year | 2013-12-31 | $11,487,428 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $13,606 |
Total interest from all sources | 2013-12-31 | $3,329 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $20,789 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $12,780 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $740,773 |
Participant contributions at end of year | 2013-12-31 | $54,184 |
Participant contributions at beginning of year | 2013-12-31 | $109,039 |
Participant contributions at beginning of year | 2013-12-31 | $36 |
Assets. Other investments not covered elsewhere at beginning of year | 2013-12-31 | $66,052 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $54,405 |
Other income not declared elsewhere | 2013-12-31 | $44 |
Administrative expenses (other) incurred | 2013-12-31 | $826 |
Total non interest bearing cash at end of year | 2013-12-31 | $4,163,422 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $404,625 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $713,371 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $16,326,545 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $11,487,428 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $10,643,712 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $9,200,071 |
Interest on participant loans | 2013-12-31 | $3,234 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $27,001 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $26,906 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $26,906 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $95 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $1,108,738 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Assets. Invements in employer securities at end of year | 2013-12-31 | $1,434,543 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $1,680,663 |
Contributions received in cash from employer | 2013-12-31 | $124,519 |
Employer contributions (assets) at end of year | 2013-12-31 | $3,683 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $36 |
Income. Dividends from common stock | 2013-12-31 | $20,789 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,727,130 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2013-12-31 | 560747981 |
2012 : OLD LINE BANK 401(K) PLAN 2012 401k financial data |
---|
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $648,324 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $648,324 |
Total transfer of assets to this plan | 2012-12-31 | $235,339 |
Total transfer of assets from this plan | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $5,887 |
Total income from all sources (including contributions) | 2012-12-31 | $2,800,263 |
Total of all expenses incurred | 2012-12-31 | $1,251,213 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,224,064 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,035,539 |
Value of total assets at end of year | 2012-12-31 | $11,487,428 |
Value of total assets at beginning of year | 2012-12-31 | $9,708,926 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $27,149 |
Total interest from all sources | 2012-12-31 | $29,379 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $31,669 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Administrative expenses professional fees incurred | 2012-12-31 | $25,299 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $678,986 |
Participant contributions at end of year | 2012-12-31 | $109,039 |
Participant contributions at beginning of year | 2012-12-31 | $173,194 |
Participant contributions at end of year | 2012-12-31 | $36 |
Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $66,052 |
Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $3,587,731 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $51,608 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $5,887 |
Other income not declared elsewhere | 2012-12-31 | $249 |
Administrative expenses (other) incurred | 2012-12-31 | $15 |
Total non interest bearing cash at end of year | 2012-12-31 | $404,625 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $23,201 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $1,549,050 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $11,487,428 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $9,703,039 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $9,200,071 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $2,338,117 |
Interest on participant loans | 2012-12-31 | $6,590 |
Interest earned on other investments | 2012-12-31 | $22,644 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $26,906 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $28,761 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $28,761 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $145 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,845,736 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,055,103 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Assets. Invements in employer securities at end of year | 2012-12-31 | $1,680,663 |
Assets. Invements in employer securities at beginning of year | 2012-12-31 | $1,712,186 |
Contributions received in cash from employer | 2012-12-31 | $304,945 |
Employer contributions (assets) at end of year | 2012-12-31 | $36 |
Income. Dividends from common stock | 2012-12-31 | $31,669 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,224,064 |
Contract administrator fees | 2012-12-31 | $1,835 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | A. BROWN & ASSOCIATES, LLC |
Accountancy firm EIN | 2012-12-31 | 200380849 |