401k Plan data: KENTUCKY BANCSHARES, INC RETIREMENT PLAN plan

KENTUCKY BANCSHARES, INC RETIREMENT PLAN 401k Plan overview

Plan Name	KENTUCKY BANCSHARES, INC RETIREMENT PLAN
Plan identification number	002

KENTUCKY BANCSHARES, INC RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

KENTUCKY BANCSHARES, INC has sponsored the creation of one or more 401k plans.

Company Name: KENTUCKY BANCSHARES, INC

Employer identification number (EIN): 610993464

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KENTUCKY BANCSHARES, INC RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2020-01-01
002 2019-01-01
002 2019-01-01
002 2018-01-01
002 2018-01-01
002 2017-01-01 DEANNA P. FOLEY
002 2017-01-01
002 2016-01-01 DEANNA P. FOLEY
002 2016-01-01
002 2015-01-01 DEANNA FOLEY
002 2015-01-01
002 2015-01-01
002 2015-01-01
002 2014-01-01 DEANNA P. FOLEY
002 2013-01-01 DEANNA P FOLEY
002 2012-01-01 DEANNA P FOLEY
002 2011-01-01 DEANNA P FOLEY
002 2009-01-01 JUDY TAYLOR JUDY TAYLOR 2010-10-07
002 2009-01-01 JUDY TAYLOR
002 2009-01-01 JANET HARRIS
002 2009-01-01 JUDY TAYLOR
002 2009-01-01 JUDY TAYLOR

Plan Statistics for KENTUCKY BANCSHARES, INC RETIREMENT PLAN

401k plan membership statisitcs for KENTUCKY BANCSHARES, INC RETIREMENT PLAN

Measure Date Value
2020: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 316
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 236
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 76
Total of all active and inactive participants 2020-01-01 312
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 312
Number of participants with account balances 2020-01-01 282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 6
2019: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 308
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 241
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 75
Total of all active and inactive participants 2019-01-01 316
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 316
Number of participants with account balances 2019-01-01 282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 8
2018: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 299
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 237
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 71
Total of all active and inactive participants 2018-01-01 308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 308
Number of participants with account balances 2018-01-01 280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 7
2017: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 301
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 235
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 64
Total of all active and inactive participants 2017-01-01 299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 299
Number of participants with account balances 2017-01-01 274
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 10
2016: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 308
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 249
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 52
Total of all active and inactive participants 2016-01-01 301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 301
Number of participants with account balances 2016-01-01 275
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 4
2015: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 269
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 257
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 51
Total of all active and inactive participants 2015-01-01 308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 308
Number of participants with account balances 2015-01-01 269
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 10
2014: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 264
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 234
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 34
Total of all active and inactive participants 2014-01-01 268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 268
Number of participants with account balances 2014-01-01 236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 6
2013: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 247
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 223
Number of retired or separated participants receiving benefits 2013-01-01 3
Number of other retired or separated participants entitled to future benefits 2013-01-01 38
Total of all active and inactive participants 2013-01-01 264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 264
Number of participants with account balances 2013-01-01 236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 10
2012: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 250
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 213
Number of retired or separated participants receiving benefits 2012-01-01 3
Number of other retired or separated participants entitled to future benefits 2012-01-01 30
Total of all active and inactive participants 2012-01-01 246
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 1
Total participants 2012-01-01 247
Number of participants with account balances 2012-01-01 220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 9
2011: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 241
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 210
Number of retired or separated participants receiving benefits 2011-01-01 4
Number of other retired or separated participants entitled to future benefits 2011-01-01 29
Total of all active and inactive participants 2011-01-01 243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 244
Number of participants with account balances 2011-01-01 216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 6
2009: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 252
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 191
Number of retired or separated participants receiving benefits 2009-01-01 2
Number of other retired or separated participants entitled to future benefits 2009-01-01 28
Total of all active and inactive participants 2009-01-01 221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 222
Number of participants with account balances 2009-01-01 195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 11

Measure	Date	Value
2020: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	316
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	236
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	76
Total of all active and inactive participants	2020-01-01	312
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	312
Number of participants with account balances	2020-01-01	282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	6
2019: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	308
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	241
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	75
Total of all active and inactive participants	2019-01-01	316
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	316
Number of participants with account balances	2019-01-01	282
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	8
2018: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	299
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	237
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	71
Total of all active and inactive participants	2018-01-01	308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	308
Number of participants with account balances	2018-01-01	280
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	7
2017: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	301
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	235
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	64
Total of all active and inactive participants	2017-01-01	299
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	299
Number of participants with account balances	2017-01-01	274
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	10
2016: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	308
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	249
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	52
Total of all active and inactive participants	2016-01-01	301
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	301
Number of participants with account balances	2016-01-01	275
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	4
2015: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	269
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	257
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	51
Total of all active and inactive participants	2015-01-01	308
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	308
Number of participants with account balances	2015-01-01	269
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	10
2014: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	264
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	234
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	34
Total of all active and inactive participants	2014-01-01	268
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	268
Number of participants with account balances	2014-01-01	236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	6
2013: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	247
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	223
Number of retired or separated participants receiving benefits	2013-01-01	3
Number of other retired or separated participants entitled to future benefits	2013-01-01	38
Total of all active and inactive participants	2013-01-01	264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	264
Number of participants with account balances	2013-01-01	236
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	10
2012: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	250
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	213
Number of retired or separated participants receiving benefits	2012-01-01	3
Number of other retired or separated participants entitled to future benefits	2012-01-01	30
Total of all active and inactive participants	2012-01-01	246
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	1
Total participants	2012-01-01	247
Number of participants with account balances	2012-01-01	220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	9
2011: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	241
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	210
Number of retired or separated participants receiving benefits	2011-01-01	4
Number of other retired or separated participants entitled to future benefits	2011-01-01	29
Total of all active and inactive participants	2011-01-01	243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	244
Number of participants with account balances	2011-01-01	216
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	6
2009: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	252
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	191
Number of retired or separated participants receiving benefits	2009-01-01	2
Number of other retired or separated participants entitled to future benefits	2009-01-01	28
Total of all active and inactive participants	2009-01-01	221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	222
Number of participants with account balances	2009-01-01	195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	11

Financial Data on KENTUCKY BANCSHARES, INC RETIREMENT PLAN

Measure	Date	Value
2020 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$5,863,439
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,851,396
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,779,061
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,172,444
Value of total assets at end of year	2020-12-31	$35,419,223
Value of total assets at beginning of year	2020-12-31	$31,407,180
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$72,335
Total interest from all sources	2020-12-31	$12,032
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$472,766
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$472,766
Administrative expenses professional fees incurred	2020-12-31	$3,750
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,225,705
Participant contributions at end of year	2020-12-31	$327,929
Participant contributions at beginning of year	2020-12-31	$266,840
Participant contributions at end of year	2020-12-31	$36,320
Participant contributions at beginning of year	2020-12-31	$91
Assets. Other investments not covered elsewhere at end of year	2020-12-31	$12,698
Assets. Other investments not covered elsewhere at beginning of year	2020-12-31	$4,960
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$1,173
Other income not declared elsewhere	2020-12-31	$2,788
Administrative expenses (other) incurred	2020-12-31	$48,750
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$4,012,043
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$35,419,223
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$31,407,180
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$30,791,684
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$28,870,991
Interest on participant loans	2020-12-31	$12,032
Income. Interest from loans (other than to participants)	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$4,158,051
Value of interest in common/collective trusts at beginning of year	2020-12-31	$2,201,686
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$3,132,185
Net investment gain or loss from common/collective trusts	2020-12-31	$71,224
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$945,566
Employer contributions (assets) at end of year	2020-12-31	$92,541
Employer contributions (assets) at beginning of year	2020-12-31	$62,612
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,779,061
Contract administrator fees	2020-12-31	$19,835
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	DEAN DORTON ALLEN FORD, PLLC
Accountancy firm EIN	2020-12-31	273858252
2019 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$7,337,603
Total income from all sources (including contributions)	2019-12-31	$7,337,603
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,079,313
Total of all expenses incurred	2019-12-31	$1,079,313
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$987,682
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$987,682
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,143,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$2,143,191
Value of total assets at end of year	2019-12-31	$31,407,180
Value of total assets at end of year	2019-12-31	$31,407,180
Value of total assets at beginning of year	2019-12-31	$25,148,890
Value of total assets at beginning of year	2019-12-31	$25,148,890
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$91,631
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$91,631
Total interest from all sources	2019-12-31	$11,748
Total interest from all sources	2019-12-31	$11,748
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$678,788
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$678,788
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$678,788
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$678,788
Administrative expenses professional fees incurred	2019-12-31	$14,500
Administrative expenses professional fees incurred	2019-12-31	$14,500
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,121,015
Contributions received from participants	2019-12-31	$1,121,015
Participant contributions at end of year	2019-12-31	$266,840
Participant contributions at end of year	2019-12-31	$266,840
Participant contributions at beginning of year	2019-12-31	$258,201
Participant contributions at beginning of year	2019-12-31	$258,201
Participant contributions at end of year	2019-12-31	$91
Participant contributions at end of year	2019-12-31	$91
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$4,960
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$4,960
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$151,687
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$151,687
Administrative expenses (other) incurred	2019-12-31	$11,250
Administrative expenses (other) incurred	2019-12-31	$11,250
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$6,258,290
Value of net income/loss	2019-12-31	$6,258,290
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$31,407,180
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$31,407,180
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$25,148,890
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$25,148,890
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$45,000
Investment advisory and management fees	2019-12-31	$45,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$28,870,991
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$28,870,991
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$22,394,276
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$22,394,276
Interest on participant loans	2019-12-31	$11,748
Interest on participant loans	2019-12-31	$11,748
Value of interest in common/collective trusts at end of year	2019-12-31	$2,201,686
Value of interest in common/collective trusts at end of year	2019-12-31	$2,201,686
Value of interest in common/collective trusts at beginning of year	2019-12-31	$2,420,062
Value of interest in common/collective trusts at beginning of year	2019-12-31	$2,420,062
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,456,931
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,456,931
Net investment gain or loss from common/collective trusts	2019-12-31	$46,945
Net investment gain or loss from common/collective trusts	2019-12-31	$46,945
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$870,489
Contributions received in cash from employer	2019-12-31	$870,489
Employer contributions (assets) at end of year	2019-12-31	$62,612
Employer contributions (assets) at end of year	2019-12-31	$62,612
Employer contributions (assets) at beginning of year	2019-12-31	$76,351
Employer contributions (assets) at beginning of year	2019-12-31	$76,351
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$987,682
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$987,682
Contract administrator fees	2019-12-31	$20,881
Contract administrator fees	2019-12-31	$20,881
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	CROWE LLP
Accountancy firm name	2019-12-31	CROWE LLP
Accountancy firm EIN	2019-12-31	350921680
Accountancy firm EIN	2019-12-31	350921680
2018 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$691,126
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$1,046,511
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$954,608
Value of total corrective distributions	2018-12-31	$11,764
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$2,160,353
Value of total assets at end of year	2018-12-31	$25,148,890
Value of total assets at beginning of year	2018-12-31	$25,504,275
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$80,139
Total interest from all sources	2018-12-31	$9,658
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$563,821
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$563,821
Administrative expenses professional fees incurred	2018-12-31	$14,000
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,101,351
Participant contributions at end of year	2018-12-31	$258,201
Participant contributions at beginning of year	2018-12-31	$207,060
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$427
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$210,855
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-355,385
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$25,148,890
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$25,504,275
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$45,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$22,394,276
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$23,076,472
Interest on participant loans	2018-12-31	$9,658
Income. Interest from loans (other than to participants)	2018-12-31	$0
Value of interest in common/collective trusts at end of year	2018-12-31	$2,420,062
Value of interest in common/collective trusts at beginning of year	2018-12-31	$2,148,703
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-2,078,333
Net investment gain or loss from common/collective trusts	2018-12-31	$35,627
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$848,147
Employer contributions (assets) at end of year	2018-12-31	$76,351
Employer contributions (assets) at beginning of year	2018-12-31	$71,613
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$954,608
Contract administrator fees	2018-12-31	$21,139
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	CROWE LLP
Accountancy firm EIN	2018-12-31	350921680
2017 : KENTUCKY BANCSHARES, INC 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	$5,229,317
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$2,240,329
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$2,149,125
Value of total corrective distributions	2017-12-31	$7,338
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,775,601
Value of total assets at end of year	2017-12-31	$25,504,275
Value of total assets at beginning of year	2017-12-31	$22,515,287
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$83,866
Total interest from all sources	2017-12-31	$7,759
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$478,869
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$478,869
Administrative expenses professional fees incurred	2017-12-31	$19,243
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,000,986
Participant contributions at end of year	2017-12-31	$207,060
Participant contributions at beginning of year	2017-12-31	$241,686
Participant contributions at end of year	2017-12-31	$427
Assets. Other investments not covered elsewhere at end of year	2017-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2017-12-31	$53,822
Other income not declared elsewhere	2017-12-31	$45,660
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	$2,988,988
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$25,504,275
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$22,515,287
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
Investment advisory and management fees	2017-12-31	$45,274
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$23,076,472
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$19,983,837
Interest on participant loans	2017-12-31	$7,759
Income. Interest from loans (other than to participants)	2017-12-31	$0
Value of interest in common/collective trusts at end of year	2017-12-31	$2,148,703
Value of interest in common/collective trusts at beginning of year	2017-12-31	$2,139,841
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$2,887,881
Net investment gain or loss from common/collective trusts	2017-12-31	$33,547
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$774,615
Employer contributions (assets) at end of year	2017-12-31	$71,613
Employer contributions (assets) at beginning of year	2017-12-31	$96,101
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$2,149,125
Contract administrator fees	2017-12-31	$19,349
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2017-12-31	350921680
2016 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$3,562,060
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$2,338,213
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$2,264,997
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,897,568
Value of total assets at end of year	2016-12-31	$22,515,287
Value of total assets at beginning of year	2016-12-31	$21,291,440
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$73,216
Total interest from all sources	2016-12-31	$8,783
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$395,969
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	$395,969
Administrative expenses professional fees incurred	2016-12-31	$13,250
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$1,039,337
Participant contributions at end of year	2016-12-31	$241,686
Participant contributions at beginning of year	2016-12-31	$314,350
Assets. Other investments not covered elsewhere at end of year	2016-12-31	$53,822
Assets. Other investments not covered elsewhere at beginning of year	2016-12-31	$58,612
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$20,171
Other income not declared elsewhere	2016-12-31	$-4,580
Administrative expenses (other) incurred	2016-12-31	$210
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	$1,223,847
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$22,515,287
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$21,291,440
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
Investment advisory and management fees	2016-12-31	$45,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$19,983,837
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$20,815,909
Interest on participant loans	2016-12-31	$8,783
Income. Interest from loans (other than to participants)	2016-12-31	$0
Value of interest in common/collective trusts at end of year	2016-12-31	$2,139,841
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$1,242,834
Net investment gain or loss from common/collective trusts	2016-12-31	$21,486
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$838,060
Employer contributions (assets) at end of year	2016-12-31	$96,101
Employer contributions (assets) at beginning of year	2016-12-31	$102,569
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$2,264,997
Contract administrator fees	2016-12-31	$14,756
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2016-12-31	350921680
2015 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets to this plan	2015-12-31	$1,043,045
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,763,862
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$1,022,125
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$961,778
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$2,048,445
Value of total assets at end of year	2015-12-31	$21,291,440
Value of total assets at beginning of year	2015-12-31	$19,506,658
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$60,347
Total interest from all sources	2015-12-31	$10,623
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$428,432
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	$428,432
Administrative expenses professional fees incurred	2015-12-31	$3,250
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2015-12-31	Yes
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	$948,662
Participant contributions at end of year	2015-12-31	$314,350
Participant contributions at beginning of year	2015-12-31	$342,371
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$74
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$58,612
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$71,832
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$320,018
Other income not declared elsewhere	2015-12-31	$-12,810
Administrative expenses (other) incurred	2015-12-31	$410
Total non interest bearing cash at beginning of year	2015-12-31	$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	2015-12-31	No
Value of net income/loss	2015-12-31	$741,737
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$21,291,440
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$19,506,658
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
Investment advisory and management fees	2015-12-31	$45,000
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$20,815,909
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$18,999,892
Interest on participant loans	2015-12-31	$10,623
Income. Interest from loans (other than to participants)	2015-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-710,828
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$779,765
Employer contributions (assets) at end of year	2015-12-31	$102,569
Employer contributions (assets) at beginning of year	2015-12-31	$92,489
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$961,778
Contract administrator fees	2015-12-31	$11,687
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	2015-12-31	Yes
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2015-12-31	350921680
2014 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$2,697,796
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$2,832,783
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$2,790,971
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,690,327
Value of total assets at end of year	2014-12-31	$19,506,658
Value of total assets at beginning of year	2014-12-31	$19,641,645
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$41,812
Total interest from all sources	2014-12-31	$10,579
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$322,296
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	$322,296
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2014-12-31	Yes
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	$911,477
Participant contributions at end of year	2014-12-31	$342,371
Participant contributions at beginning of year	2014-12-31	$317,834
Participant contributions at end of year	2014-12-31	$74
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$71,832
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$32,072
Other income not declared elsewhere	2014-12-31	$80,237
Administrative expenses (other) incurred	2014-12-31	$2,335
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	$-134,987
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$19,506,658
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$19,641,645
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	$33,750
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$18,999,892
Value of interest in pooled separate accounts at end of year	2014-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$13,410,712
Interest on participant loans	2014-12-31	$10,579
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$5,833,077
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$180,575
Net investment gain/loss from pooled separate accounts	2014-12-31	$413,782
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
Contributions received in cash from employer	2014-12-31	$746,778
Employer contributions (assets) at end of year	2014-12-31	$92,489
Employer contributions (assets) at beginning of year	2014-12-31	$80,022
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$2,790,971
Contract administrator fees	2014-12-31	$5,727
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	2014-12-31	Yes
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Qualified
Accountancy firm name	2014-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2014-12-31	350921680
2013 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
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	$4,848,652
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$1,314,777
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$1,310,384
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,645,344
Value of total assets at end of year	2013-12-31	$19,641,645
Value of total assets at beginning of year	2013-12-31	$16,107,770
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$4,393
Total interest from all sources	2013-12-31	$197,701
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$795,849
Participant contributions at end of year	2013-12-31	$317,834
Participant contributions at beginning of year	2013-12-31	$327,879
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$184,632
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	$3,533,875
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$19,641,645
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$16,107,770
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 pooled separate accounts at end of year	2013-12-31	$13,410,712
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$10,566,791
Interest on participant loans	2013-12-31	$10,116
Interest earned on other investments	2013-12-31	$187,585
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$5,833,077
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$5,116,328
Net investment gain/loss from pooled separate accounts	2013-12-31	$3,005,607
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
Contributions received in cash from employer	2013-12-31	$664,863
Employer contributions (assets) at end of year	2013-12-31	$80,022
Employer contributions (assets) at beginning of year	2013-12-31	$96,772
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$1,310,384
Contract administrator fees	2013-12-31	$4,393
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2013-12-31	350921680
2012 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
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	$2,945,439
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$605,725
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$593,365
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,435,314
Value of total assets at end of year	2012-12-31	$16,107,770
Value of total assets at beginning of year	2012-12-31	$13,768,056
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$12,360
Total interest from all sources	2012-12-31	$181,662
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$2,500,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
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	$697,804
Participant contributions at end of year	2012-12-31	$327,879
Participant contributions at beginning of year	2012-12-31	$222,749
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$119,857
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	$2,339,714
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$16,107,770
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$13,768,056
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 pooled separate accounts at end of year	2012-12-31	$10,566,791
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$8,414,134
Interest on participant loans	2012-12-31	$7,590
Interest earned on other investments	2012-12-31	$174,072
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$5,116,328
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$5,009,300
Net investment gain/loss from pooled separate accounts	2012-12-31	$1,328,463
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
Contributions received in cash from employer	2012-12-31	$617,653
Employer contributions (assets) at end of year	2012-12-31	$96,772
Employer contributions (assets) at beginning of year	2012-12-31	$121,873
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$593,365
Contract administrator fees	2012-12-31	$12,360
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2012-12-31	350921680
2011 : KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
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	$1,193,971
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$376,009
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$346,410
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,183,575
Value of total assets at end of year	2011-12-31	$13,768,056
Value of total assets at beginning of year	2011-12-31	$12,950,094
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$29,599
Total interest from all sources	2011-12-31	$164,971
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$2,500,000
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	$590,753
Participant contributions at end of year	2011-12-31	$222,749
Participant contributions at beginning of year	2011-12-31	$265,671
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$14,377
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	$817,962
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$13,768,056
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$12,950,094
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 pooled separate accounts at end of year	2011-12-31	$8,414,134
Value of interest in pooled separate accounts at beginning of year	2011-12-31	$8,398,840
Interest on participant loans	2011-12-31	$9,135
Interest earned on other investments	2011-12-31	$155,836
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-12-31	$5,009,300
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-12-31	$4,157,058
Net investment gain/loss from pooled separate accounts	2011-12-31	$-154,575
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
Contributions received in cash from employer	2011-12-31	$578,445
Employer contributions (assets) at end of year	2011-12-31	$121,873
Employer contributions (assets) at beginning of year	2011-12-31	$128,525
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$346,410
Contract administrator fees	2011-12-31	$29,599
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	CROWE HOWARTH LLP
Accountancy firm EIN	2011-12-31	350921680
2009 : KENTUCKY BANCSHARES, INC 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

Form 5500 Responses for KENTUCKY BANCSHARES, INC RETIREMENT PLAN

2020: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: KENTUCKY BANCSHARES, INC 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: KENTUCKY BANCSHARES, INC 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: KENTUCKY BANCSHARES, INC 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: KENTUCKY BANCSHARES, INC 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 – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: KENTUCKY BANCSHARES, INC 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 – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: KENTUCKY BANCSHARES, INC 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 – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: KENTUCKY BANCSHARES, INC 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 – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: KENTUCKY BANCSHARES, INC RETIREMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
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 – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

800473

Policy instance

Insurance contract or identification number	800473
Number of Individuals Covered	0
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

800473

Policy instance

Insurance contract or identification number	800473
Number of Individuals Covered	264
Insurance policy start date	2013-01-01
Insurance policy end date	2013-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

800473

Policy instance

Insurance contract or identification number	800473
Number of Individuals Covered	247
Insurance policy start date	2012-01-01
Insurance policy end date	2012-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

800473

Policy instance

Insurance contract or identification number	800473
Number of Individuals Covered	244
Insurance policy start date	2011-01-01
Insurance policy end date	2011-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

KENTUCKY BANCSHARES, INC. RETIREMENT PLAN [EIN = 610354170]

Was this data useful?

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

Information Disclaimer

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

See full terms and conditions

Company Name:	KENTUCKY BANCSHARES, INC
Employer identification number (EIN):	610993464
NAIC Classification:	522110
NAIC Description:	Commercial Banking