YADKIN BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan YADKIN BANK 401(K) RETIREMENT PLAN
Measure | Date | Value |
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2015 : YADKIN BANK 401(K) RETIREMENT PLAN 2015 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $91,313 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $91,313 |
Total transfer of assets to this plan | 2015-12-31 | $11,867,724 |
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 | $4,718,181 |
Total loss/gain on sale of assets | 2015-12-31 | $937 |
Total of all expenses incurred | 2015-12-31 | $5,591,692 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,490,697 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $-194 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $4,844,848 |
Value of total assets at end of year | 2015-12-31 | $33,594,545 |
Value of total assets at beginning of year | 2015-12-31 | $22,600,332 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $101,189 |
Total interest from all sources | 2015-12-31 | $34,624 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $450,245 |
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 | $450,245 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
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 | $2,957,230 |
Participant contributions at end of year | 2015-12-31 | $963,905 |
Participant contributions at beginning of year | 2015-12-31 | $630,678 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $265,655 |
Other income not declared elsewhere | 2015-12-31 | $18,512 |
Administrative expenses (other) incurred | 2015-12-31 | $101,189 |
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 | $-873,511 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $33,594,545 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $22,600,332 |
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 | $29,718,538 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $18,446,795 |
Interest on participant loans | 2015-12-31 | $34,624 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $2,500,556 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $3,238,617 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-765,383 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $43,085 |
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 | Yes |
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 | $411,546 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $284,242 |
Contributions received in cash from employer | 2015-12-31 | $1,621,963 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $5,490,697 |
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 | $43,642 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $42,705 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
Accountancy firm name | 2015-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2015-12-31 | 560747981 |
2014 : YADKIN BANK 401(K) RETIREMENT PLAN 2014 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $36,827 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $36,827 |
Total transfer of assets to this plan | 2014-12-31 | $100,913 |
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 | $4,418,964 |
Total loss/gain on sale of assets | 2014-12-31 | $2,628 |
Total of all expenses incurred | 2014-12-31 | $2,016,572 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,934,302 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $774 |
Value of total corrective distributions | 2014-12-31 | $6,278 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $2,916,697 |
Value of total assets at end of year | 2014-12-31 | $22,600,332 |
Value of total assets at beginning of year | 2014-12-31 | $20,197,940 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $75,218 |
Total interest from all sources | 2014-12-31 | $23,394 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $835,580 |
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 | $835,580 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
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 | $1,744,547 |
Participant contributions at end of year | 2014-12-31 | $630,678 |
Participant contributions at beginning of year | 2014-12-31 | $553,693 |
Participant contributions at end of year | 2014-12-31 | $-426 |
Participant contributions at beginning of year | 2014-12-31 | $-426 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $397,139 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $11 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $11 |
Other income not declared elsewhere | 2014-12-31 | $-111 |
Administrative expenses (other) incurred | 2014-12-31 | $75,218 |
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 | $2,402,392 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $22,600,332 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $20,197,940 |
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 | $18,446,795 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $16,132,480 |
Interest on participant loans | 2014-12-31 | $23,394 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $3,238,617 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $3,242,984 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $16 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $104,669 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $104,669 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $556,404 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $47,545 |
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 | $284,242 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $268,783 |
Contributions received in cash from employer | 2014-12-31 | $775,011 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $4,176 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,934,302 |
Contract administrator fees | 2014-12-31 | $13,469 |
Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $82,510 |
Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $211,859 |
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 | $23,995 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $21,367 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2014-12-31 | 560747981 |
2013 : YADKIN BANK 401(K) RETIREMENT PLAN 2013 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $127,188 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $127,188 |
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 | $5,765,017 |
Total loss/gain on sale of assets | 2013-12-31 | $16,597 |
Total of all expenses incurred | 2013-12-31 | $1,686,273 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,543,692 |
Value of total corrective distributions | 2013-12-31 | $10,058 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $2,602,199 |
Value of total assets at end of year | 2013-12-31 | $20,197,940 |
Value of total assets at beginning of year | 2013-12-31 | $16,119,196 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $132,523 |
Total interest from all sources | 2013-12-31 | $22,620 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $535,418 |
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 | $535,418 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
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 | $1,537,828 |
Participant contributions at end of year | 2013-12-31 | $553,693 |
Participant contributions at beginning of year | 2013-12-31 | $468,319 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $448,858 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $186 |
Other income not declared elsewhere | 2013-12-31 | $22,773 |
Administrative expenses (other) incurred | 2013-12-31 | $132,523 |
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 | $4,078,744 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $20,197,940 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $16,119,196 |
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 | $16,132,480 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $11,934,138 |
Interest on participant loans | 2013-12-31 | $22,620 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $3,242,984 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $3,548,812 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,384,149 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $54,073 |
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 | $268,783 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $167,741 |
Contributions received in cash from employer | 2013-12-31 | $615,513 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,543,692 |
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 | 2013-12-31 | Yes |
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 | $42,744 |
Aggregate carrying amount (costs) on sale of assets | 2013-12-31 | $26,147 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | DIXON HUGHES GOODMAN LLP |
Accountancy firm EIN | 2013-12-31 | 560747981 |
2012 : YADKIN BANK 401(K) RETIREMENT PLAN 2012 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $5,650 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $5,650 |
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 | $4,578 |
Total income from all sources (including contributions) | 2012-12-31 | $3,678,626 |
Total loss/gain on sale of assets | 2012-12-31 | $10,332 |
Total of all expenses incurred | 2012-12-31 | $3,060,011 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $2,967,057 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,977,738 |
Value of total assets at end of year | 2012-12-31 | $16,119,196 |
Value of total assets at beginning of year | 2012-12-31 | $15,505,159 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $92,954 |
Total interest from all sources | 2012-12-31 | $18,557 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $145,065 |
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 | $145,065 |
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 | $1,307,124 |
Participant contributions at end of year | 2012-12-31 | $468,319 |
Participant contributions at beginning of year | 2012-12-31 | $481,328 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $269,775 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $186 |
Other income not declared elsewhere | 2012-12-31 | $0 |
Administrative expenses (other) incurred | 2012-12-31 | $92,954 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $4,578 |
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 | $618,615 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $16,119,196 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $15,500,581 |
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 | $11,934,138 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $726,297 |
Interest on participant loans | 2012-12-31 | $18,557 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $3,548,812 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $13,813,399 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $375,955 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $375,955 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $323,874 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $1,197,410 |
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 | $167,741 |
Assets. Invements in employer securities at beginning of year | 2012-12-31 | $108,180 |
Contributions received in cash from employer | 2012-12-31 | $400,839 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $2,967,057 |
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 |
Aggregate proceeds on sale of assets | 2012-12-31 | $36,140 |
Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $25,808 |
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 : YADKIN BANK 401(K) RETIREMENT PLAN 2011 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-21,652 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-21,652 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $4,578 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $5,095 |
Total income from all sources (including contributions) | 2011-12-31 | $1,939,588 |
Total loss/gain on sale of assets | 2011-12-31 | $5,193 |
Total of all expenses incurred | 2011-12-31 | $3,808,203 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $3,667,139 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,942,322 |
Value of total assets at end of year | 2011-12-31 | $15,505,159 |
Value of total assets at beginning of year | 2011-12-31 | $17,374,291 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $141,064 |
Total interest from all sources | 2011-12-31 | $24,750 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $56,342 |
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 | $56,342 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
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 |
Contributions received from participants | 2011-12-31 | $1,350,343 |
Participant contributions at end of year | 2011-12-31 | $481,328 |
Participant contributions at beginning of year | 2011-12-31 | $579,289 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $54,443 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $0 |
Administrative expenses (other) incurred | 2011-12-31 | $7,667 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $4,578 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $5,095 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-1,868,615 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $15,500,581 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $17,369,196 |
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 |
Investment advisory and management fees | 2011-12-31 | $8,346 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $726,297 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $1,437,660 |
Interest on participant loans | 2011-12-31 | $23,782 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $13,813,399 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $14,767,187 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $375,955 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $480,803 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $480,803 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $968 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-400,245 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $332,878 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
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 |
Assets. Invements in employer securities at end of year | 2011-12-31 | $108,180 |
Assets. Invements in employer securities at beginning of year | 2011-12-31 | $109,352 |
Contributions received in cash from employer | 2011-12-31 | $537,536 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $3,667,139 |
Contract administrator fees | 2011-12-31 | $125,051 |
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 | $53,634 |
Aggregate carrying amount (costs) on sale of assets | 2011-12-31 | $48,441 |
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 : YADKIN BANK 401(K) RETIREMENT PLAN 2010 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-94,550 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-94,550 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $5,095 |
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 | $4,209,302 |
Total loss/gain on sale of assets | 2010-12-31 | $-2,984 |
Total of all expenses incurred | 2010-12-31 | $1,921,163 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $1,787,602 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $2,605,858 |
Value of total assets at end of year | 2010-12-31 | $17,374,291 |
Value of total assets at beginning of year | 2010-12-31 | $15,081,057 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $133,561 |
Total interest from all sources | 2010-12-31 | $22,092 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $12,159 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
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 |
Contributions received from participants | 2010-12-31 | $1,456,583 |
Participant contributions at end of year | 2010-12-31 | $579,289 |
Participant contributions at beginning of year | 2010-12-31 | $392,813 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $562,741 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $9,280 |
Administrative expenses (other) incurred | 2010-12-31 | $6,682 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $5,095 |
Total non interest bearing cash at end of year | 2010-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $4,261 |
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 | $2,288,139 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $17,369,196 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $15,081,057 |
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 |
Investment advisory and management fees | 2010-12-31 | $15,470 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $1,437,660 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,169,319 |
Interest on participant loans | 2010-12-31 | $20,516 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $14,767,187 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $12,819,198 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $480,803 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $513,495 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $513,495 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1,576 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $171,909 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $1,494,818 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
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 |
Assets. Invements in employer securities at end of year | 2010-12-31 | $109,352 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $172,691 |
Contributions received in cash from employer | 2010-12-31 | $586,534 |
Income. Dividends from common stock | 2010-12-31 | $12,159 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $1,787,602 |
Contract administrator fees | 2010-12-31 | $111,409 |
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 | $30,806 |
Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $33,790 |
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 |
Accountancy firm EIN | 2010-12-31 | 560747981 |
2009 : YADKIN BANK 401(K) RETIREMENT PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |