FIRSTBANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2022 : FIRSTBANK 401(K) PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-618,329 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,331,846 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,294,910 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $729,883 |
Value of total assets at end of year | 2022-12-31 | $6,848,350 |
Value of total assets at beginning of year | 2022-12-31 | $8,798,525 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $36,936 |
Total interest from all sources | 2022-12-31 | $290,948 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $36,936 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $464,700 |
Participant contributions at end of year | 2022-12-31 | $216,944 |
Participant contributions at beginning of year | 2022-12-31 | $295,313 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $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 | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-1,950,175 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,848,350 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,798,525 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,251,780 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2022-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $7,294,478 |
Interest on participant loans | 2022-12-31 | $10,991 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $279,957 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $379,626 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,208,734 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,639,160 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $265,183 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,294,910 |
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 | 2022-12-31 | Yes |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | HOWARD, LLP |
Accountancy firm EIN | 2022-12-31 | 202257536 |
2021 : FIRSTBANK 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,645,674 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $729,177 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $671,160 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $696,156 |
Value of total assets at end of year | 2021-12-31 | $8,798,525 |
Value of total assets at beginning of year | 2021-12-31 | $7,882,028 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $58,017 |
Total interest from all sources | 2021-12-31 | $57,520 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $58,017 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $428,312 |
Participant contributions at end of year | 2021-12-31 | $295,313 |
Participant contributions at beginning of year | 2021-12-31 | $247,105 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $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 | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $916,497 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,798,525 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,882,028 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2021-12-31 | $7,294,478 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $6,584,325 |
Interest on participant loans | 2021-12-31 | $12,525 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $44,995 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,208,734 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,045,021 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $891,998 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $267,844 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $5,577 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $671,160 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | HOWARD, LLP |
Accountancy firm EIN | 2021-12-31 | 202257536 |
2020 : FIRSTBANK 401(K) PLAN 2020 401k financial data |
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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 | $2,619,439 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $425,349 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $373,803 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,728,531 |
Value of total assets at end of year | 2020-12-31 | $7,882,028 |
Value of total assets at beginning of year | 2020-12-31 | $5,687,938 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $51,546 |
Total interest from all sources | 2020-12-31 | $54,337 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $51,546 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
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 | $415,993 |
Participant contributions at end of year | 2020-12-31 | $247,105 |
Participant contributions at beginning of year | 2020-12-31 | $186,872 |
Participant contributions at end of year | 2020-12-31 | $0 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $1,044,992 |
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 | $2,194,090 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,882,028 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,687,938 |
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 pooled separate accounts at end of year | 2020-12-31 | $6,584,325 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $5,168,359 |
Interest on participant loans | 2020-12-31 | $11,017 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $43,320 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,045,021 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $332,707 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $836,571 |
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 | $267,546 |
Employer contributions (assets) at end of year | 2020-12-31 | $5,577 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $373,803 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2020-12-31 | 202257536 |
2019 : FIRSTBANK 401(K) PLAN 2019 401k financial data |
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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 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 | $1,520,837 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $318,354 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $286,806 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $3,208 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $583,158 |
Value of total assets at end of year | 2019-12-31 | $5,687,938 |
Value of total assets at beginning of year | 2019-12-31 | $4,485,455 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $28,340 |
Total interest from all sources | 2019-12-31 | $27,075 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $28,340 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $500,000 |
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 |
Contributions received from participants | 2019-12-31 | $360,250 |
Participant contributions at end of year | 2019-12-31 | $186,872 |
Participant contributions at beginning of year | 2019-12-31 | $206,765 |
Participant contributions at end of year | 2019-12-31 | $0 |
Participant contributions at beginning of year | 2019-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $3,287 |
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 | $1,202,483 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $5,687,938 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,485,455 |
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 leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $5,168,359 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $3,963,379 |
Interest on participant loans | 2019-12-31 | $11,157 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $15,918 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $332,707 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $315,311 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $910,604 |
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 |
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 | $219,621 |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $286,806 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | HOWARD, LLP |
Accountancy firm EIN | 2019-12-31 | 202257536 |
2018 : FIRSTBANK 401(K) PLAN 2018 401k financial data |
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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 | $272,910 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $79,051 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $55,236 |
Expenses. Certain deemed distributions of participant loans | 2018-12-31 | $5,000 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $585,847 |
Value of total assets at end of year | 2018-12-31 | $4,485,455 |
Value of total assets at beginning of year | 2018-12-31 | $4,291,596 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $18,815 |
Total interest from all sources | 2018-12-31 | $13,101 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $2,014 |
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 | $2,014 |
Administrative expenses professional fees incurred | 2018-12-31 | $18,815 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $500,000 |
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 | $365,841 |
Participant contributions at end of year | 2018-12-31 | $206,765 |
Participant contributions at beginning of year | 2018-12-31 | $177,728 |
Participant contributions at end of year | 2018-12-31 | $0 |
Participant contributions at beginning of year | 2018-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $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 | 2018-12-31 | No |
Income. Non cash contributions | 2018-12-31 | $0 |
Value of net income/loss | 2018-12-31 | $193,859 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $4,485,455 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $4,291,596 |
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 |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $3,963,379 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $3,871,980 |
Interest on participant loans | 2018-12-31 | $10,156 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $2,945 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $315,311 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $241,888 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-328,052 |
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 | $220,006 |
Employer contributions (assets) at end of year | 2018-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $55,236 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2018-12-31 | 202257536 |
2017 : FIRSTBANK 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $1,121,075 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $204,505 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $188,156 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $4,031 |
Value of total corrective distributions | 2017-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $578,062 |
Value of total assets at end of year | 2017-12-31 | $4,291,596 |
Value of total assets at beginning of year | 2017-12-31 | $3,375,026 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $12,318 |
Total interest from all sources | 2017-12-31 | $5,403 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $12,318 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $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 | $352,058 |
Participant contributions at end of year | 2017-12-31 | $177,728 |
Participant contributions at beginning of year | 2017-12-31 | $86,579 |
Participant contributions at end of year | 2017-12-31 | $0 |
Participant contributions at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $3,231 |
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 | $916,570 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $4,291,596 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $3,375,026 |
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 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $3,871,980 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $3,099,191 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $5,403 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $241,888 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $189,256 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $537,610 |
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 | $222,773 |
Employer contributions (assets) at end of year | 2017-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $188,156 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2017-12-31 | 202257536 |
2016 : FIRSTBANK 401(K) 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 | $782,545 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $507,910 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $476,167 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $21,237 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $546,030 |
Value of total assets at end of year | 2016-12-31 | $3,375,026 |
Value of total assets at beginning of year | 2016-12-31 | $3,100,391 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $10,506 |
Total interest from all sources | 2016-12-31 | $1,896 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $10,506 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $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 | $338,760 |
Participant contributions at end of year | 2016-12-31 | $86,579 |
Participant contributions at beginning of year | 2016-12-31 | $151,026 |
Participant contributions at end of year | 2016-12-31 | $0 |
Participant contributions at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $274,635 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $3,375,026 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,100,391 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $3,099,191 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $2,804,766 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $1,896 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $189,256 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $144,599 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $234,619 |
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 | $207,270 |
Employer contributions (assets) at end of year | 2016-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $476,167 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2016-12-31 | 202257536 |
2015 : FIRSTBANK 401(K) PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 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 |
Total income from all sources (including contributions) | 2015-12-31 | $422,172 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $373,995 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $356,238 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $3,361 |
Value of total corrective distributions | 2015-12-31 | $1,350 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $490,084 |
Value of total assets at end of year | 2015-12-31 | $3,100,391 |
Value of total assets at beginning of year | 2015-12-31 | $3,052,214 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $13,046 |
Total interest from all sources | 2015-12-31 | $703 |
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 |
Administrative expenses professional fees incurred | 2015-12-31 | $13,046 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $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 | $302,517 |
Participant contributions at end of year | 2015-12-31 | $151,026 |
Participant contributions at beginning of year | 2015-12-31 | $156,648 |
Participant contributions at end of year | 2015-12-31 | $0 |
Participant contributions at beginning of year | 2015-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 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 | $48,177 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,100,391 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $3,052,214 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $2,804,766 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $2,782,965 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $703 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $144,599 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $112,601 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-68,615 |
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 | $187,567 |
Employer contributions (assets) at end of year | 2015-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $356,238 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2015-12-31 | 202257536 |
2014 : FIRSTBANK 401(K) 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 | $654,905 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $778,510 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $762,872 |
Value of total corrective distributions | 2014-12-31 | $1,431 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $499,573 |
Value of total assets at end of year | 2014-12-31 | $3,052,214 |
Value of total assets at beginning of year | 2014-12-31 | $3,175,819 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $14,207 |
Total interest from all sources | 2014-12-31 | $461 |
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 |
Administrative expenses professional fees incurred | 2014-12-31 | $14,207 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $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 | $303,167 |
Participant contributions at end of year | 2014-12-31 | $156,648 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $10,536 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $1,892 |
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 | $-123,605 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $3,052,214 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $3,175,819 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $2,782,965 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $2,998,099 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $461 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $112,601 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $161,433 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $154,871 |
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 | $194,514 |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $5,751 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $762,872 |
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 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | HOWARD, LLP |
Accountancy firm EIN | 2014-12-31 | 202257536 |
2013 : FIRSTBANK 401(K) 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 | $957,834 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $31,486 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $23,962 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $477,375 |
Value of total assets at end of year | 2013-12-31 | $3,175,819 |
Value of total assets at beginning of year | 2013-12-31 | $2,249,471 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $7,524 |
Total interest from all sources | 2013-12-31 | $787 |
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 |
Administrative expenses professional fees incurred | 2013-12-31 | $7,524 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $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 | $249,727 |
Participant contributions at end of year | 2013-12-31 | $10,536 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $63,772 |
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 | $926,348 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $3,175,819 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $2,249,471 |
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 | $2,998,099 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $2,154,467 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $787 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $161,433 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $95,004 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $479,672 |
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 | $163,876 |
Employer contributions (assets) at end of year | 2013-12-31 | $5,751 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $23,962 |
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 | HOWARD, LLP |
Accountancy firm EIN | 2013-12-31 | 202257536 |