401k Plan data: TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN plan

TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN 401k Plan overview

Plan Name	TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN
Plan identification number	001

TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TRANSCOMMUNITY FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: TRANSCOMMUNITY FINANCIAL CORPORATION

Employer identification number (EIN): 542032355

NAIC Classification: 812990
NAIC Description: All Other Personal Services

Additional information about TRANSCOMMUNITY FINANCIAL CORPORATION

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 2001-03-16

Company Identification Number: 0555842

Legal Registered Office Address: 4235 INNSLAKE DR

GLEN ALLEN
United States of America (USA)
23060

More information about TRANSCOMMUNITY FINANCIAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 SUZANNE RENNOLDS 2011-10-26 SUZANNE RENNOLDS 2011-10-26
001 2010-01-01 SUZANNE RENNOLDS 2011-10-07 SUZANNE RENNOLDS 2011-10-07
001 2007-01-01 JOHN KIRK

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	SUZANNE RENNOLDS	2011-10-26	SUZANNE RENNOLDS	2011-10-26
001	2010-01-01	SUZANNE RENNOLDS	2011-10-07	SUZANNE RENNOLDS	2011-10-07
001	2007-01-01	JOHN KIRK

Financial Data on TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN

Measure	Date	Value
2007 : TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN 2007 401k financial data
Transfers to/from the plan	2007-12-31	$0
Total plan liabilities at end of year	2007-12-31	$0
Total plan liabilities at beginning of year	2007-12-31	$0
Total income from all sources	2007-12-31	$798,696
Expenses. Total of all expenses incurred	2007-12-31	$849,803
Benefits paid (including direct rollovers)	2007-12-31	$849,121
Total plan assets at end of year	2007-12-31	$2,623,129
Total plan assets at beginning of year	2007-12-31	$2,674,236
Value of fidelity bond covering the plan	2007-12-31	$2,000,000
Total contributions received or receivable from participants	2007-12-31	$272,198
Expenses. Other expenses not covered elsewhere	2007-12-31	$682
Contributions received from other sources (not participants or employers)	2007-12-31	$35,532
Other income received	2007-12-31	$156,787
Noncash contributions received	2007-12-31	$0
Net income (gross income less expenses)	2007-12-31	$-51,107
Net plan assets at end of year (total assets less liabilities)	2007-12-31	$2,623,129
Net plan assets at beginning of year (total assets less liabilities)	2007-12-31	$2,674,236
Assets. Value of participant loans	2007-12-31	$40,526
Total contributions received or receivable from employer(s)	2007-12-31	$334,179
Value of certain deemed distributions of participant loans	2007-12-31	$0
Value of corrective distributions	2007-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2007-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2007-12-31	$0

Form 5500 Responses for TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN

2007: TRANSCOMMUNITY FINANCIAL CORPORATION 401(K) PLAN 2007 form 5500 responses
2007-01-01	Type of plan entity	Single employer plan
2007-01-01	Submission has been amended	No
2007-01-01	This submission is the final filing	No
2007-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-01-01	Plan is a collectively bargained plan	No
2007-01-01	Plan funding arrangement – Trust	Yes
2007-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	TRANSCOMMUNITY FINANCIAL CORPORATION
Employer identification number (EIN):	542032355
NAIC Classification:	812990
NAIC Description:	All Other Personal Services

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	2001-03-16
Company Identification Number:	0555842
Legal Registered Office Address:	4235 INNSLAKE DR GLEN ALLEN United States of America (USA) 23060