401k Plan data: AVENUE BANK 401K PLAN plan

AVENUE BANK 401K PLAN 401k Plan overview

Plan Name	AVENUE BANK 401K PLAN
Plan identification number	001

AVENUE BANK 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AVENUE BANK has sponsored the creation of one or more 401k plans.

Company Name: AVENUE BANK

Employer identification number (EIN): 620326720

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AVENUE BANK 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 MO ANDERSON
001 2016-01-01
001 2015-01-01 WILLIAM TITUS
001 2015-01-01 WILLIAM TITUS
001 2014-01-01 WILLIAM S. TITUS WILLIAM S. TITUS 2015-10-14
001 2013-01-01 WILLIAM S. TITUS 2014-07-22 WILLIAM S. TITUS 2014-07-22
001 2012-01-01 WILLIAM TITUS 2013-06-03 WILLIAM TITUS 2013-06-03
001 2011-01-01 WILLIAM TITUS 2012-04-25 WILLIAM TITUS 2012-04-25
001 2010-01-01 WILLIAM TITUS 2011-07-14 WILLIAM TITUS 2011-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	MO ANDERSON
001	2016-01-01
001	2015-01-01	WILLIAM TITUS
001	2015-01-01	WILLIAM TITUS
001	2014-01-01	WILLIAM S. TITUS		WILLIAM S. TITUS	2015-10-14
001	2013-01-01	WILLIAM S. TITUS	2014-07-22	WILLIAM S. TITUS	2014-07-22
001	2012-01-01	WILLIAM TITUS	2013-06-03	WILLIAM TITUS	2013-06-03
001	2011-01-01	WILLIAM TITUS	2012-04-25	WILLIAM TITUS	2012-04-25
001	2010-01-01	WILLIAM TITUS	2011-07-14	WILLIAM TITUS	2011-07-14

Plan Statistics for AVENUE BANK 401K PLAN

401k plan membership statisitcs for AVENUE BANK 401K PLAN

Measure Date Value
2016: AVENUE BANK 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
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 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: AVENUE BANK 401K PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 140
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 12
Total of all active and inactive participants 2015-01-01 152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 152
Number of participants with account balances 2015-01-01 145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: AVENUE BANK 401K PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 120
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 125
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 7
Total of all active and inactive participants 2014-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 132
Number of participants with account balances 2014-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2016: AVENUE BANK 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
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	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: AVENUE BANK 401K PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	140
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	12
Total of all active and inactive participants	2015-01-01	152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	152
Number of participants with account balances	2015-01-01	145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: AVENUE BANK 401K PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	120
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	125
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	7
Total of all active and inactive participants	2014-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	132
Number of participants with account balances	2014-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on AVENUE BANK 401K PLAN

Measure	Date	Value
2016 : AVENUE BANK 401K PLAN 2016 401k financial data
Unrealized appreciation/depreciation of real estate assets	2016-07-07	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2016-07-07	$0
Total unrealized appreciation/depreciation of assets	2016-07-07	$0
Total transfer of assets to this plan	2016-07-07	$0
Total transfer of assets from this plan	2016-07-07	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-07-07	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-07-07	$0
Expenses. Interest paid	2016-07-07	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2016-07-07	$0
Total income from all sources (including contributions)	2016-07-07	$712,081
Total loss/gain on sale of assets	2016-07-07	$0
Total of all expenses incurred	2016-07-07	$5,112,797
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-07-07	$5,094,631
Expenses. Certain deemed distributions of participant loans	2016-07-07	$0
Value of total corrective distributions	2016-07-07	$17,628
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-07-07	$565,375
Value of total assets at end of year	2016-07-07	$0
Value of total assets at beginning of year	2016-07-07	$4,400,716
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-07-07	$538
Total income from rents	2016-07-07	$0
Total interest from all sources	2016-07-07	$1,310
Total dividends received (eg from common stock, registered investment company shares)	2016-07-07	$0
Total dividends received from registered investment company shares (eg mutual funds)	2016-07-07	$0
Assets. Real estate other than employer real property at end of year	2016-07-07	$0
Assets. Real estate other than employer real property at beginning of year	2016-07-07	$0
Administrative expenses professional fees incurred	2016-07-07	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2016-07-07	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2016-07-07	$0
Was this plan covered by a fidelity bond	2016-07-07	Yes
Value of fidelity bond cover	2016-07-07	$3,000,000
If this is an individual account plan, was there a blackout period	2016-07-07	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-07-07	$0
Were there any nonexempt tranactions with any party-in-interest	2016-07-07	No
Contributions received from participants	2016-07-07	$471,266
Participant contributions at end of year	2016-07-07	$0
Participant contributions at beginning of year	2016-07-07	$55,851
Participant contributions at end of year	2016-07-07	$0
Participant contributions at beginning of year	2016-07-07	$31,793
Assets. Other investments not covered elsewhere at end of year	2016-07-07	$0
Assets. Other investments not covered elsewhere at beginning of year	2016-07-07	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-07-07	$1,628
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2016-07-07	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-07-07	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-07-07	$0
Assets. Loans (other than to participants) at end of year	2016-07-07	$0
Assets. Loans (other than to participants) at beginning of year	2016-07-07	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-07-07	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2016-07-07	$0
Other income not declared elsewhere	2016-07-07	$0
Administrative expenses (other) incurred	2016-07-07	$0
Liabilities. Value of operating payables at end of year	2016-07-07	$0
Liabilities. Value of operating payables at beginning of year	2016-07-07	$0
Total non interest bearing cash at end of year	2016-07-07	$0
Total non interest bearing cash at beginning of year	2016-07-07	$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	2016-07-07	No
Income. Non cash contributions	2016-07-07	$0
Value of net income/loss	2016-07-07	$-4,400,716
Value of net assets at end of year (total assets less liabilities)	2016-07-07	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-07-07	$4,400,716
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-07-07	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-07-07	No
Were any leases to which the plan was party in default or uncollectible	2016-07-07	No
Assets. partnership/joint venture interests at end of year	2016-07-07	$0
Assets. partnership/joint venture interests at beginning of year	2016-07-07	$0
Investment advisory and management fees	2016-07-07	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-07-07	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-07-07	$4,040,779
Value of interest in pooled separate accounts at end of year	2016-07-07	$0
Value of interest in pooled separate accounts at beginning of year	2016-07-07	$0
Interest on participant loans	2016-07-07	$612
Income. Interest from loans (other than to participants)	2016-07-07	$0
Interest earned on other investments	2016-07-07	$698
Income. Interest from US Government securities	2016-07-07	$0
Income. Interest from corporate debt instruments	2016-07-07	$0
Value of interest in master investment trust accounts at end of year	2016-07-07	$0
Value of interest in master investment trust accounts at beginning of year	2016-07-07	$0
Value of interest in common/collective trusts at end of year	2016-07-07	$0
Value of interest in common/collective trusts at beginning of year	2016-07-07	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-07-07	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-07-07	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-07-07	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-07-07	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-07-07	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-07-07	$266,412
Expenses. Payments to insurance carriers foe the provision of benefits	2016-07-07	$0
Asset value of US Government securities at end of year	2016-07-07	$0
Asset value of US Government securities at beginning of year	2016-07-07	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-07-07	$145,396
Net investment gain/loss from pooled separate accounts	2016-07-07	$0
Net investment gain or loss from common/collective trusts	2016-07-07	$0
Net gain/loss from 103.12 investment entities	2016-07-07	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-07-07	No
Was there a failure to transmit to the plan any participant contributions	2016-07-07	No
Has the plan failed to provide any benefit when due under the plan	2016-07-07	No
Assets. Invements in employer securities at end of year	2016-07-07	$0
Assets. Invements in employer securities at beginning of year	2016-07-07	$0
Assets. Value of employer real property at end of year	2016-07-07	$0
Assets. Value of employer real property at beginning of year	2016-07-07	$0
Contributions received in cash from employer	2016-07-07	$92,481
Employer contributions (assets) at end of year	2016-07-07	$0
Employer contributions (assets) at beginning of year	2016-07-07	$5,881
Income. Dividends from preferred stock	2016-07-07	$0
Income. Dividends from common stock	2016-07-07	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-07-07	$5,094,631
Asset. Corporate debt instrument preferred debt at end of year	2016-07-07	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2016-07-07	$0
Asset. Corporate debt instrument debt (other) at end of year	2016-07-07	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2016-07-07	$0
Contract administrator fees	2016-07-07	$538
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	2016-07-07	Yes
Assets. Corporate common stocks other than exployer securities at end of year	2016-07-07	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-07-07	$0
Liabilities. Value of benefit claims payable at end of year	2016-07-07	$0
Liabilities. Value of benefit claims payable at beginning of year	2016-07-07	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2016-07-07	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2016-07-07	$0
Did the plan have assets held for investment	2016-07-07	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	2016-07-07	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-07-07	Yes
Aggregate proceeds on sale of assets	2016-07-07	$0
Aggregate carrying amount (costs) on sale of assets	2016-07-07	$0
Liabilities. Value of acquisition indebtedness at end of year	2016-07-07	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2016-07-07	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-07-07	Yes
Opinion of an independent qualified public accountant for this plan	2016-07-07	Disclaimer
Accountancy firm name	2016-07-07	KRAFTS CPAS
Accountancy firm EIN	2016-07-07	620713250
2015 : AVENUE BANK 401K PLAN 2015 401k financial data
Unrealized appreciation/depreciation of real estate assets	2015-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$0
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total transfer of assets to this plan	2015-12-31	$0
Total transfer of assets from this plan	2015-12-31	$0
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
Expenses. Interest paid	2015-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$980,408
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$257,185
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$247,899
Expenses. Certain deemed distributions of participant loans	2015-12-31	$0
Value of total corrective distributions	2015-12-31	$4,153
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,093,330
Value of total assets at end of year	2015-12-31	$4,400,716
Value of total assets at beginning of year	2015-12-31	$3,677,493
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$5,133
Total income from rents	2015-12-31	$0
Total interest from all sources	2015-12-31	$1,375
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
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	$0
Assets. Real estate other than employer real property at end of year	2015-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2015-12-31	$0
Administrative expenses professional fees incurred	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2015-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2015-12-31	$0
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$7,500,000
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	$855,585
Participant contributions at end of year	2015-12-31	$55,851
Participant contributions at beginning of year	2015-12-31	$45,393
Participant contributions at end of year	2015-12-31	$31,793
Participant contributions at beginning of year	2015-12-31	$23,963
Assets. Other investments not covered elsewhere at end of year	2015-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2015-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$82,790
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$0
Assets. Loans (other than to participants) at end of year	2015-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2015-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2015-12-31	$0
Other income not declared elsewhere	2015-12-31	$0
Administrative expenses (other) incurred	2015-12-31	$0
Liabilities. Value of operating payables at end of year	2015-12-31	$0
Liabilities. Value of operating payables at beginning of year	2015-12-31	$0
Total non interest bearing cash at end of year	2015-12-31	$0
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
Income. Non cash contributions	2015-12-31	$0
Value of net income/loss	2015-12-31	$723,223
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$4,400,716
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$3,677,493
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
Assets. partnership/joint venture interests at end of year	2015-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2015-12-31	$0
Investment advisory and management fees	2015-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$4,040,779
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$3,375,176
Value of interest in pooled separate accounts at end of year	2015-12-31	$0
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$0
Interest on participant loans	2015-12-31	$1,375
Income. Interest from loans (other than to participants)	2015-12-31	$0
Interest earned on other investments	2015-12-31	$0
Income. Interest from US Government securities	2015-12-31	$0
Income. Interest from corporate debt instruments	2015-12-31	$0
Value of interest in master investment trust accounts at end of year	2015-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2015-12-31	$0
Value of interest in common/collective trusts at end of year	2015-12-31	$0
Value of interest in common/collective trusts at beginning of year	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-12-31	$266,412
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-12-31	$229,476
Expenses. Payments to insurance carriers foe the provision of benefits	2015-12-31	$0
Asset value of US Government securities at end of year	2015-12-31	$0
Asset value of US Government securities at beginning of year	2015-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-114,297
Net investment gain/loss from pooled separate accounts	2015-12-31	$0
Net investment gain or loss from common/collective trusts	2015-12-31	$0
Net gain/loss from 103.12 investment entities	2015-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Assets. Invements in employer securities at end of year	2015-12-31	$0
Assets. Invements in employer securities at beginning of year	2015-12-31	$0
Assets. Value of employer real property at end of year	2015-12-31	$0
Assets. Value of employer real property at beginning of year	2015-12-31	$0
Contributions received in cash from employer	2015-12-31	$154,955
Employer contributions (assets) at end of year	2015-12-31	$5,881
Employer contributions (assets) at beginning of year	2015-12-31	$3,485
Income. Dividends from preferred stock	2015-12-31	$0
Income. Dividends from common stock	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$247,899
Asset. Corporate debt instrument preferred debt at end of year	2015-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2015-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2015-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2015-12-31	$0
Contract administrator fees	2015-12-31	$5,133
Assets. Corporate common stocks other than exployer securities at end of year	2015-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2015-12-31	$0
Liabilities. Value of benefit claims payable at end of year	2015-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2015-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2015-12-31	$0
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	$0
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$0
Liabilities. Value of acquisition indebtedness at end of year	2015-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2015-12-31	$0
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	KRAFT CPAS
Accountancy firm EIN	2015-12-31	620713250
2014 : AVENUE BANK 401K PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets	2014-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2014-12-31	$0
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total transfer of assets to this plan	2014-12-31	$0
Total transfer of assets from this plan	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
Expenses. Interest paid	2014-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$945,194
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$311,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$302,221
Expenses. Certain deemed distributions of participant loans	2014-12-31	$0
Value of total corrective distributions	2014-12-31	$4,897
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$782,469
Value of total assets at end of year	2014-12-31	$3,677,493
Value of total assets at beginning of year	2014-12-31	$3,043,566
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$4,149
Total income from rents	2014-12-31	$0
Total interest from all sources	2014-12-31	$1,575
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
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	$0
Assets. Real estate other than employer real property at end of year	2014-12-31	$0
Assets. Real estate other than employer real property at beginning of year	2014-12-31	$0
Administrative expenses professional fees incurred	2014-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at end of year	2014-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2014-12-31	$0
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$7,500,000
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	$626,189
Participant contributions at end of year	2014-12-31	$45,393
Participant contributions at beginning of year	2014-12-31	$16,482
Participant contributions at end of year	2014-12-31	$23,963
Participant contributions at beginning of year	2014-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2014-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2014-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$69,801
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2014-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2014-12-31	$0
Assets. Loans (other than to participants) at end of year	2014-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2014-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2014-12-31	$0
Other income not declared elsewhere	2014-12-31	$0
Administrative expenses (other) incurred	2014-12-31	$0
Liabilities. Value of operating payables at end of year	2014-12-31	$0
Liabilities. Value of operating payables at beginning of year	2014-12-31	$0
Total non interest bearing cash at end of year	2014-12-31	$0
Total non interest bearing cash at beginning of year	2014-12-31	$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	2014-12-31	No
Income. Non cash contributions	2014-12-31	$0
Value of net income/loss	2014-12-31	$633,927
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,677,493
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$3,043,566
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
Assets. partnership/joint venture interests at end of year	2014-12-31	$0
Assets. partnership/joint venture interests at beginning of year	2014-12-31	$0
Investment advisory and management fees	2014-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$3,375,176
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$3,017,149
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	$0
Interest on participant loans	2014-12-31	$800
Income. Interest from loans (other than to participants)	2014-12-31	$0
Interest earned on other investments	2014-12-31	$775
Income. Interest from US Government securities	2014-12-31	$0
Income. Interest from corporate debt instruments	2014-12-31	$0
Value of interest in master investment trust accounts at end of year	2014-12-31	$0
Value of interest in master investment trust accounts at beginning of year	2014-12-31	$0
Value of interest in common/collective trusts at end of year	2014-12-31	$0
Value of interest in common/collective trusts at beginning of year	2014-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$229,476
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$9,935
Expenses. Payments to insurance carriers foe the provision of benefits	2014-12-31	$0
Asset value of US Government securities at end of year	2014-12-31	$0
Asset value of US Government securities at beginning of year	2014-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$161,150
Net investment gain/loss from pooled separate accounts	2014-12-31	$0
Net investment gain or loss from common/collective trusts	2014-12-31	$0
Net gain/loss from 103.12 investment entities	2014-12-31	$0
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	$0
Assets. Invements in employer securities at beginning of year	2014-12-31	$0
Assets. Value of employer real property at end of year	2014-12-31	$0
Assets. Value of employer real property at beginning of year	2014-12-31	$0
Contributions received in cash from employer	2014-12-31	$86,479
Employer contributions (assets) at end of year	2014-12-31	$3,485
Employer contributions (assets) at beginning of year	2014-12-31	$0
Income. Dividends from preferred stock	2014-12-31	$0
Income. Dividends from common stock	2014-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$302,221
Asset. Corporate debt instrument preferred debt at end of year	2014-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2014-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2014-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2014-12-31	$0
Contract administrator fees	2014-12-31	$4,149
Assets. Corporate common stocks other than exployer securities at end of year	2014-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2014-12-31	$0
Liabilities. Value of benefit claims payable at end of year	2014-12-31	$0
Liabilities. Value of benefit claims payable at beginning of year	2014-12-31	$0
Assets. Value of buildings and other operty used in plan operation at end of year	2014-12-31	$0
Assets. Value of buildings and other operty used in plan operation at beginning of year	2014-12-31	$0
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	$0
Aggregate carrying amount (costs) on sale of assets	2014-12-31	$0
Liabilities. Value of acquisition indebtedness at end of year	2014-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2014-12-31	$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	KRAFT CPAS
Accountancy firm EIN	2014-12-31	620713250

Form 5500 Responses for AVENUE BANK 401K PLAN

2016: AVENUE BANK 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	Yes
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: AVENUE BANK 401K 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 – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: AVENUE BANK 401K 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 benefit arrangement - Trust	Yes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )

Policy contract number

G37163

Policy instance

Insurance contract or identification number	G37163
Number of Individuals Covered	0
Insurance policy start date	2016-01-01
Insurance policy end date	2016-07-07
Total amount of commissions paid to insurance broker	USD $10,332
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	0
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?	Yes
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
Commission paid to Insurance Broker	USD $10,332
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	N/A
Insurance broker organization code?	3
Insurance broker name	NFP INS SERVICES INC

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )

Policy contract number

G37163

Policy instance

Insurance contract or identification number	G37163
Number of Individuals Covered	145
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $19,350
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	0
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?	Yes
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
Commission paid to Insurance Broker	USD $19,350
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	N/A
Insurance broker organization code?	3
Insurance broker name	NFP INS SERVICES INC

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )

Policy contract number

G37163

Policy instance

Insurance contract or identification number	G37163
Number of Individuals Covered	107
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $22,052
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	0
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?	Yes
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
Commission paid to Insurance Broker	USD $22,052
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	N/A
Insurance broker organization code?	3
Insurance broker name	NFP INS SERVICES INC

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Company Name:	AVENUE BANK
Employer identification number (EIN):	620326720
NAIC Classification:	522110
NAIC Description:	Commercial Banking