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Plan Name | OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | OLD POINT FINANCIAL CORPORATION |
Employer identification number (EIN): | 541265373 |
NAIC Classification: | 522110 |
NAIC Description: | Commercial Banking |
Additional information about OLD POINT FINANCIAL CORPORATION
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1984-02-16 |
Company Identification Number: | 0252411 |
Legal Registered Office Address: |
1 W MELLEN ST HAMPTON United States of America (USA) 23663 |
More information about OLD POINT FINANCIAL CORPORATION
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2018-01-01 | EUGENE JORDAN | 2019-07-29 | EUGENE JORDAN | 2019-07-29 |
001 | 2017-01-01 | EUGENE JORDAN | EUGENE JORDAN | 2018-10-12 | |
001 | 2016-01-01 | EUGENE JORDAN | EUGENE JORDAN | 2017-10-16 | |
001 | 2015-01-01 | EUGENE JORDAN | EUGENE JORDAN | 2016-10-12 | |
001 | 2014-01-01 | EUGENE JORDAN | EUGENE JORDAN | 2015-10-14 | |
001 | 2013-01-01 | EUGENE JORDAN | |||
001 | 2012-01-01 | THERESA SHEEHAN | |||
001 | 2011-01-01 | THERESA SHEEHAN | |||
001 | 2009-01-01 | THERESA SHEEHAN | |||
001 | 2009-01-01 | THERESA SHEEHAN |
Measure | Date | Value |
---|---|---|
2017: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 5,508,365 |
Acturial value of plan assets | 2017-12-31 | 5,508,365 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 1,442,590 |
Number of terminated vested participants | 2017-12-31 | 31 |
Fundng target for terminated vested participants | 2017-12-31 | 961,640 |
Active participant vested funding target | 2017-12-31 | 2,887,923 |
Number of active participants | 2017-12-31 | 95 |
Total funding liabilities for active participants | 2017-12-31 | 2,887,923 |
Total participant count | 2017-12-31 | 142 |
Total funding target for all participants | 2017-12-31 | 5,292,153 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 355,305 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
Amount remaining of carryover balance | 2017-12-31 | 0 |
Amount remaining of prefunding balance | 2017-12-31 | 355,305 |
Present value of excess contributions | 2017-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 379,501 |
Total employer contributions | 2017-12-31 | 1,554,082 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 1,470,672 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 8,595 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 8,595 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 8,595 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 1,470,672 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 142 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 2 |
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 | 0 |
Total of all active and inactive participants | 2017-01-01 | 2 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 1 |
Total participants | 2017-01-01 | 3 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 5,702,848 |
Acturial value of plan assets | 2016-12-31 | 5,702,848 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 1,438,318 |
Number of terminated vested participants | 2016-12-31 | 22 |
Fundng target for terminated vested participants | 2016-12-31 | 844,718 |
Active participant vested funding target | 2016-12-31 | 2,953,044 |
Number of active participants | 2016-12-31 | 110 |
Total funding liabilities for active participants | 2016-12-31 | 2,953,044 |
Total participant count | 2016-12-31 | 147 |
Total funding target for all participants | 2016-12-31 | 5,236,080 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 433,714 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
Amount remaining of carryover balance | 2016-12-31 | 433,714 |
Amount remaining of prefunding balance | 2016-12-31 | 0 |
Present value of excess contributions | 2016-12-31 | 828,085 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 880,254 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 880,254 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 413,980 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 524,949 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 355,305 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 0 |
Liquidity shortfalls end of Q1 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q2 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q3 | 2016-12-31 | 0 |
Liquidity shortfalls end of Q4 | 2016-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 111,463 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 147 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 95 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 13 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 31 |
Total of all active and inactive participants | 2016-01-01 | 139 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 3 |
Total participants | 2016-01-01 | 142 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 152 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 110 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 12 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 22 |
Total of all active and inactive participants | 2015-01-01 | 144 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 3 |
Total participants | 2015-01-01 | 147 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 158 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 123 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 12 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 15 |
Total of all active and inactive participants | 2014-01-01 | 150 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 2 |
Total participants | 2014-01-01 | 152 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 0 |
2013: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 166 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 129 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 11 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 16 |
Total of all active and inactive participants | 2013-01-01 | 156 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 2 |
Total participants | 2013-01-01 | 158 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 0 |
2012: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 185 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 133 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 12 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 19 |
Total of all active and inactive participants | 2012-01-01 | 164 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 2 |
Total participants | 2012-01-01 | 166 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 0 |
2011: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 192 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 155 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 10 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 18 |
Total of all active and inactive participants | 2011-01-01 | 183 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 2 |
Total participants | 2011-01-01 | 185 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 0 |
2009: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 208 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 180 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 12 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 7 |
Total of all active and inactive participants | 2009-01-01 | 199 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 199 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2017 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2017 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
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 | $1,603,212 |
Total loss/gain on sale of assets | 2017-12-31 | $6,188 |
Total of all expenses incurred | 2017-12-31 | $7,060,695 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $6,926,464 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,554,082 |
Value of total assets at end of year | 2017-12-31 | $50,882 |
Value of total assets at beginning of year | 2017-12-31 | $5,508,365 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $134,231 |
Total interest from all sources | 2017-12-31 | $32,511 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $10,431 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-12-31 | $0 |
Administrative expenses professional fees incurred | 2017-12-31 | $124,433 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $6,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $86 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $8,866 |
Administrative expenses (other) incurred | 2017-12-31 | $9,798 |
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 | $-5,457,483 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $50,882 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $5,508,365 |
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 |
Income. Interest from corporate debt instruments | 2017-12-31 | $18,734 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $50,796 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $2,839,812 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $2,839,812 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $13,777 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
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 |
Contributions received in cash from employer | 2017-12-31 | $1,554,082 |
Income. Dividends from common stock | 2017-12-31 | $10,431 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $6,926,464 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2017-12-31 | $1,471,482 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $1,188,205 |
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 |
Aggregate proceeds on sale of assets | 2017-12-31 | $8,684,290 |
Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $8,678,102 |
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 | WALL EINHORN & CHERNITZER PC |
Accountancy firm EIN | 2017-12-31 | 541517420 |
2016 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2016 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $86,793 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $86,793 |
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 | $369,562 |
Total loss/gain on sale of assets | 2016-12-31 | $139,941 |
Total of all expenses incurred | 2016-12-31 | $564,045 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $460,900 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
Value of total assets at end of year | 2016-12-31 | $5,508,365 |
Value of total assets at beginning of year | 2016-12-31 | $5,702,848 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $103,145 |
Total interest from all sources | 2016-12-31 | $54,087 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $90,377 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $682 |
Administrative expenses professional fees incurred | 2016-12-31 | $72,467 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $6,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $8,866 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $12,214 |
Other income not declared elsewhere | 2016-12-31 | $-1,636 |
Administrative expenses (other) incurred | 2016-12-31 | $30,678 |
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 | $-194,483 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $5,508,365 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $5,702,848 |
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 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $73,475 |
Income. Interest from corporate debt instruments | 2016-12-31 | $53,972 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $2,839,812 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $653,566 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $653,566 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $115 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
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 |
Contributions received in cash from employer | 2016-12-31 | $0 |
Income. Dividends from common stock | 2016-12-31 | $89,695 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $460,900 |
Asset. Corporate debt instrument preferred debt at end of year | 2016-12-31 | $1,471,482 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2016-12-31 | $2,133,038 |
Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $1,188,205 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $2,830,555 |
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 |
Aggregate proceeds on sale of assets | 2016-12-31 | $4,816,842 |
Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $4,676,901 |
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 | WALL EINHORN & CHERNITZER PC |
Accountancy firm EIN | 2016-12-31 | 541517420 |
2015 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2015 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-346,442 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-346,442 |
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 | $758,180 |
Total loss/gain on sale of assets | 2015-12-31 | $-33,778 |
Total of all expenses incurred | 2015-12-31 | $337,570 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $226,107 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,000,000 |
Value of total assets at end of year | 2015-12-31 | $5,702,848 |
Value of total assets at beginning of year | 2015-12-31 | $5,282,238 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $111,463 |
Total interest from all sources | 2015-12-31 | $53,149 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $88,265 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $565 |
Administrative expenses professional fees incurred | 2015-12-31 | $73,783 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $6,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $12,214 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $14,677 |
Other income not declared elsewhere | 2015-12-31 | $-3,014 |
Administrative expenses (other) incurred | 2015-12-31 | $37,680 |
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 | $420,610 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $5,702,848 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $5,282,238 |
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 | $73,475 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $72,591 |
Interest earned on other investments | 2015-12-31 | $30 |
Income. Interest from corporate debt instruments | 2015-12-31 | $53,055 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $653,566 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $309,923 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $309,923 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $64 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
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 |
Contributions received in cash from employer | 2015-12-31 | $1,000,000 |
Income. Dividends from common stock | 2015-12-31 | $87,700 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $226,107 |
Asset. Corporate debt instrument preferred debt at end of year | 2015-12-31 | $2,133,038 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2015-12-31 | $2,038,507 |
Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $2,830,555 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $2,846,540 |
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 |
Aggregate proceeds on sale of assets | 2015-12-31 | $1,668,409 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $1,702,187 |
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 | WALL EINHORN & CHERNITZER PC |
Accountancy firm EIN | 2015-12-31 | 541517420 |
2014 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2014 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $197,519 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $197,519 |
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 | $332,160 |
Total loss/gain on sale of assets | 2014-12-31 | $-9,898 |
Total of all expenses incurred | 2014-12-31 | $372,155 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $247,497 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
Value of total assets at end of year | 2014-12-31 | $5,282,238 |
Value of total assets at beginning of year | 2014-12-31 | $5,322,233 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $124,658 |
Total interest from all sources | 2014-12-31 | $56,754 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $88,423 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,379 |
Administrative expenses professional fees incurred | 2014-12-31 | $108,778 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $6,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $14,677 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $15,316 |
Other income not declared elsewhere | 2014-12-31 | $-638 |
Administrative expenses (other) incurred | 2014-12-31 | $15,596 |
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 | $-39,995 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $5,282,238 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $5,322,233 |
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 |
Investment advisory and management fees | 2014-12-31 | $284 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $72,591 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $35,159 |
Income. Interest from corporate debt instruments | 2014-12-31 | $56,703 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $309,923 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $240,814 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $240,814 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $51 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
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 |
Contributions received in cash from employer | 2014-12-31 | $0 |
Income. Dividends from common stock | 2014-12-31 | $87,044 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $247,497 |
Asset. Corporate debt instrument preferred debt at end of year | 2014-12-31 | $2,038,507 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2014-12-31 | $2,095,213 |
Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $2,846,540 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $2,935,731 |
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 |
Aggregate proceeds on sale of assets | 2014-12-31 | $1,481,880 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $1,491,778 |
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 | WALL EINHORN & CHERNITZER PC |
Accountancy firm EIN | 2014-12-31 | 541517420 |
2013 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2013 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $482,582 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $482,582 |
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 | $714,084 |
Total loss/gain on sale of assets | 2013-12-31 | $89,016 |
Total of all expenses incurred | 2013-12-31 | $577,484 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $479,977 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
Value of total assets at end of year | 2013-12-31 | $5,322,233 |
Value of total assets at beginning of year | 2013-12-31 | $5,185,633 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $97,507 |
Total interest from all sources | 2013-12-31 | $55,938 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $87,978 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $1,292 |
Administrative expenses professional fees incurred | 2013-12-31 | $84,073 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $6,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $15,316 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $17,366 |
Other income not declared elsewhere | 2013-12-31 | $144 |
Administrative expenses (other) incurred | 2013-12-31 | $13,434 |
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 | $136,600 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $5,322,233 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $5,185,633 |
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 | $35,159 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $35,441 |
Income. Interest from corporate debt instruments | 2013-12-31 | $55,881 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2013-12-31 | $240,814 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $355,524 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $355,524 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $57 |
Asset value of US Government securities at beginning of year | 2013-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $-1,574 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
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 |
Income. Dividends from common stock | 2013-12-31 | $86,686 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $479,977 |
Asset. Corporate debt instrument preferred debt at end of year | 2013-12-31 | $2,095,213 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2013-12-31 | $1,930,931 |
Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $2,935,731 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $2,846,371 |
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 |
Aggregate proceeds on sale of assets | 2013-12-31 | $1,869,326 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $1,780,310 |
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 | WALL EINHORN & CHERNITZER PC |
Accountancy firm EIN | 2013-12-31 | 541517420 |
2012 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2012 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $166,591 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $166,591 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $364,491 |
Total loss/gain on sale of assets | 2012-12-31 | $27,542 |
Total of all expenses incurred | 2012-12-31 | $918,232 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $852,005 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $5,185,633 |
Value of total assets at beginning of year | 2012-12-31 | $5,739,374 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $66,227 |
Total interest from all sources | 2012-12-31 | $61,884 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $95,029 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $1,944 |
Administrative expenses professional fees incurred | 2012-12-31 | $58,302 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $2,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $17,366 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $18,329 |
Other income not declared elsewhere | 2012-12-31 | $14 |
Administrative expenses (other) incurred | 2012-12-31 | $7,925 |
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 | $-553,741 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $5,185,633 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,739,374 |
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 | $35,441 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $123,159 |
Income. Interest from US Government securities | 2012-12-31 | $974 |
Income. Interest from corporate debt instruments | 2012-12-31 | $60,864 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $355,524 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $311,241 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $311,241 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $46 |
Asset value of US Government securities at end of year | 2012-12-31 | $0 |
Asset value of US Government securities at beginning of year | 2012-12-31 | $100,189 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $13,431 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
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 |
Income. Dividends from common stock | 2012-12-31 | $93,085 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $852,005 |
Asset. Corporate debt instrument preferred debt at end of year | 2012-12-31 | $1,930,931 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2012-12-31 | $1,387,367 |
Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $2,846,371 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $3,799,089 |
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 |
Aggregate proceeds on sale of assets | 2012-12-31 | $2,099,965 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $2,072,423 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2012-12-31 | 560747981 |
2011 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2011 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $87,948 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $87,948 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $229,964 |
Total loss/gain on sale of assets | 2011-12-31 | $-10,969 |
Total of all expenses incurred | 2011-12-31 | $664,768 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $571,799 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $0 |
Value of total assets at end of year | 2011-12-31 | $5,739,374 |
Value of total assets at beginning of year | 2011-12-31 | $6,174,178 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $92,969 |
Total interest from all sources | 2011-12-31 | $65,917 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $100,766 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $6,964 |
Administrative expenses professional fees incurred | 2011-12-31 | $37,945 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $2,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $18,329 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $18,230 |
Other income not declared elsewhere | 2011-12-31 | $442 |
Administrative expenses (other) incurred | 2011-12-31 | $55,024 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-434,804 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,739,374 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $6,174,178 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $123,159 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $147,413 |
Income. Interest from US Government securities | 2011-12-31 | $4,220 |
Income. Interest from corporate debt instruments | 2011-12-31 | $60,637 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $311,241 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $900,179 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $900,179 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $1,060 |
Asset value of US Government securities at end of year | 2011-12-31 | $100,189 |
Asset value of US Government securities at beginning of year | 2011-12-31 | $372,000 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-14,140 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Income. Dividends from common stock | 2011-12-31 | $93,802 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $571,799 |
Asset. Corporate debt instrument preferred debt at end of year | 2011-12-31 | $1,387,367 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2011-12-31 | $1,608,876 |
Assets. Corporate common stocks other than exployer securities at end of year | 2011-12-31 | $3,799,089 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2011-12-31 | $3,127,480 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Aggregate proceeds on sale of assets | 2011-12-31 | $2,201,700 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $2,212,669 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
Accountancy firm name | 2011-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2011-12-31 | 560747981 |
2010 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2010 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $268,379 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $268,379 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $947,602 |
Total loss/gain on sale of assets | 2010-12-31 | $712 |
Total of all expenses incurred | 2010-12-31 | $447,429 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $354,494 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $500,000 |
Value of total assets at end of year | 2010-12-31 | $6,174,178 |
Value of total assets at beginning of year | 2010-12-31 | $5,674,005 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $92,935 |
Total interest from all sources | 2010-12-31 | $68,479 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $84,933 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $2,935 |
Administrative expenses professional fees incurred | 2010-12-31 | $39,350 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $2,000,000 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $18,230 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $15,756 |
Other income not declared elsewhere | 2010-12-31 | $1,442 |
Administrative expenses (other) incurred | 2010-12-31 | $53,585 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $500,173 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $6,174,178 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,674,005 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $147,413 |
Income. Interest from US Government securities | 2010-12-31 | $10,232 |
Income. Interest from corporate debt instruments | 2010-12-31 | $56,672 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $900,179 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $1,468,389 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $1,468,389 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1,575 |
Asset value of US Government securities at end of year | 2010-12-31 | $372,000 |
Asset value of US Government securities at beginning of year | 2010-12-31 | $296,750 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $23,657 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $500,000 |
Income. Dividends from common stock | 2010-12-31 | $81,998 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $354,494 |
Asset. Corporate debt instrument preferred debt at end of year | 2010-12-31 | $1,608,876 |
Asset. Corporate debt instrument preferred debt at beginning of year | 2010-12-31 | $1,107,224 |
Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $3,127,480 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $2,785,886 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Aggregate proceeds on sale of assets | 2010-12-31 | $2,991,084 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $2,990,372 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
Accountancy firm name | 2010-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2010-12-31 | 560747981 |
2009 : OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2017: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 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: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 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: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 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 |
2014: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Submission has been amended | No |
2014-01-01 | This submission is the final filing | No |
2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2014-01-01 | Plan is a collectively bargained plan | No |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Submission has been amended | No |
2013-01-01 | This submission is the final filing | No |
2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2013-01-01 | Plan is a collectively bargained plan | No |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Submission has been amended | No |
2012-01-01 | This submission is the final filing | No |
2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2012-01-01 | Plan is a collectively bargained plan | No |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | No |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2009: OLD POINT FINANCIAL CORP. EMPLOYEES RETIREMENT PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | Submission has been amended | No |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2009-01-01 | Plan is a collectively bargained plan | No |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |