BENCHMARK BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BENCHMARK BANK EMPLOYEES 401(K) PLAN
Measure | Date | Value |
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2022 : BENCHMARK BANK EMPLOYEES 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 | $-1,510,867 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $745,497 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $679,977 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,870,285 |
Value of total assets at end of year | 2022-12-31 | $20,793,035 |
Value of total assets at beginning of year | 2022-12-31 | $23,049,399 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $65,520 |
Total interest from all sources | 2022-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $524,914 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $524,914 |
Administrative expenses professional fees incurred | 2022-12-31 | $8,377 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $8,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $1,095,531 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $144,159 |
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 | $-2,256,364 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $20,793,035 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $23,049,399 |
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 |
Investment advisory and management fees | 2022-12-31 | $47,118 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $20,793,035 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $23,049,399 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-3,906,066 |
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 | $630,595 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $679,977 |
Contract administrator fees | 2022-12-31 | $10,025 |
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 | PAYNE & SMITH, LLC CPA |
Accountancy firm EIN | 2022-12-31 | 270316262 |
2021 : BENCHMARK BANK EMPLOYEES 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 | $4,530,188 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $287,553 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $225,281 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,738,365 |
Value of total assets at end of year | 2021-12-31 | $23,049,399 |
Value of total assets at beginning of year | 2021-12-31 | $18,806,764 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $62,272 |
Total interest from all sources | 2021-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $511,636 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $511,636 |
Administrative expenses professional fees incurred | 2021-12-31 | $8,152 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $2,000,000 |
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 | $1,095,263 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $27,216 |
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 | $4,242,635 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $23,049,399 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $18,806,764 |
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 |
Investment advisory and management fees | 2021-12-31 | $45,853 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $23,049,399 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $18,806,764 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $2,280,187 |
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 | $615,886 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $225,281 |
Contract administrator fees | 2021-12-31 | $8,267 |
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 | PAYNE & SMITH, LLC CPA |
Accountancy firm EIN | 2021-12-31 | 270316262 |
2020 : BENCHMARK BANK EMPLOYEES 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 | $3,514,039 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $329,551 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $282,831 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,604,373 |
Value of total assets at end of year | 2020-12-31 | $18,806,764 |
Value of total assets at beginning of year | 2020-12-31 | $15,622,276 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $46,720 |
Total interest from all sources | 2020-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $381,529 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $381,529 |
Administrative expenses professional fees incurred | 2020-12-31 | $6,098 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $963,013 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $99,102 |
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 | $3,184,488 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $18,806,764 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $15,622,276 |
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 |
Investment advisory and management fees | 2020-12-31 | $34,299 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $18,806,764 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $15,622,276 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,528,137 |
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 | $542,258 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $282,831 |
Contract administrator fees | 2020-12-31 | $6,323 |
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 | PAYNE & SMITH, LLC CPA |
Accountancy firm EIN | 2020-12-31 | 270316262 |
2019 : BENCHMARK BANK EMPLOYEES 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 | $3,968,838 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $714,909 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $672,163 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,367,363 |
Value of total assets at end of year | 2019-12-31 | $15,622,276 |
Value of total assets at beginning of year | 2019-12-31 | $12,368,347 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $42,746 |
Total interest from all sources | 2019-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $420,787 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $420,787 |
Administrative expenses professional fees incurred | 2019-12-31 | $5,557 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $2,000,000 |
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 | $891,398 |
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 | $3,253,929 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $15,622,276 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $12,368,347 |
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 |
Investment advisory and management fees | 2019-12-31 | $31,256 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $15,622,276 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $12,368,347 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $2,180,688 |
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 | $475,965 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $672,163 |
Contract administrator fees | 2019-12-31 | $5,933 |
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 | PAYNE & SMITH, LLC CPA |
Accountancy firm EIN | 2019-12-31 | 270316262 |
2018 : BENCHMARK BANK EMPLOYEES 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 | $581,871 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $1,488,654 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,446,459 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,333,976 |
Value of total assets at end of year | 2018-12-31 | $12,368,347 |
Value of total assets at beginning of year | 2018-12-31 | $13,275,130 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $42,195 |
Total interest from all sources | 2018-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $387,036 |
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 | $387,036 |
Administrative expenses professional fees incurred | 2018-12-31 | $5,315 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $2,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $807,094 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $130,495 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-906,783 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $12,368,347 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $13,275,130 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $29,896 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $12,368,347 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $13,275,130 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-1,139,141 |
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 | $396,387 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,446,459 |
Contract administrator fees | 2018-12-31 | $6,984 |
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 | 2018-12-31 | No |
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 | WHITLEY PENN LLP |
Accountancy firm EIN | 2018-12-31 | 752393478 |
2017 : BENCHMARK BANK EMPLOYEES 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 | $2,712,569 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $959,851 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $930,157 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $1,253,556 |
Value of total assets at end of year | 2017-12-31 | $13,275,130 |
Value of total assets at beginning of year | 2017-12-31 | $11,522,412 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $29,694 |
Total interest from all sources | 2017-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $323,356 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $323,356 |
Administrative expenses professional fees incurred | 2017-12-31 | $4,831 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $8,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
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 | $810,742 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $61,260 |
Total non interest bearing cash at end of year | 2017-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $11,522,412 |
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 | $1,752,718 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $13,275,130 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $11,522,412 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $20,512 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $13,275,130 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,135,657 |
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 | $381,554 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $930,157 |
Contract administrator fees | 2017-12-31 | $4,351 |
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 | 2017-12-31 | Yes |
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 | WHITLEY PENN LLP |
Accountancy firm EIN | 2017-12-31 | 752393478 |
2016 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2016 401k financial data |
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Total income from all sources (including contributions) | 2016-12-31 | $2,222,923 |
Total of all expenses incurred | 2016-12-31 | $1,559,691 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,558,335 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,361,335 |
Value of total assets at end of year | 2016-12-31 | $11,522,412 |
Value of total assets at beginning of year | 2016-12-31 | $10,859,180 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,356 |
Total interest from all sources | 2016-12-31 | $22,573 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $459,307 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $459,307 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
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 | $902,817 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $5,905 |
Total non interest bearing cash at end of year | 2016-12-31 | $11,522,412 |
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 | $663,232 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $11,522,412 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $10,859,180 |
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 registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $10,007,313 |
Interest earned on other investments | 2016-12-31 | $22,573 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $851,867 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $379,708 |
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 | $452,613 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,558,335 |
Contract administrator fees | 2016-12-31 | $1,356 |
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 | 2016-12-31 | Yes |
Did the plan have assets held for investment | 2016-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 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 | WHITLEY PENN LLP |
Accountancy firm EIN | 2016-12-31 | 752393478 |
2015 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2015 401k financial data |
---|
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $10,955 |
Total income from all sources (including contributions) | 2015-12-31 | $1,427,318 |
Total of all expenses incurred | 2015-12-31 | $745,670 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $744,370 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,414,338 |
Value of total assets at end of year | 2015-12-31 | $10,859,180 |
Value of total assets at beginning of year | 2015-12-31 | $10,188,487 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,300 |
Total interest from all sources | 2015-12-31 | $716 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $686,436 |
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 | $686,436 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $952,368 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $12,434 |
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 | $681,648 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $10,859,180 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $10,177,532 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $10,007,313 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $9,396,872 |
Interest earned on other investments | 2015-12-31 | $716 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $851,867 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $791,615 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-674,172 |
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 | $449,536 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $744,370 |
Contract administrator fees | 2015-12-31 | $1,300 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $10,955 |
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 | WHITLEY PENN LLP |
Accountancy firm EIN | 2015-12-31 | 752393478 |
2014 : BENCHMARK BANK EMPLOYEES 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 | $10,955 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $2,057,720 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $817,114 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $803,759 |
Value of total corrective distributions | 2014-12-31 | $10,955 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,411,228 |
Value of total assets at end of year | 2014-12-31 | $10,188,487 |
Value of total assets at beginning of year | 2014-12-31 | $8,936,926 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $2,400 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $520,983 |
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 | $520,983 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $942,082 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $46,737 |
Other income not declared elsewhere | 2014-12-31 | $2,833 |
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 | $129,883 |
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 | $1,240,606 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $10,177,532 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $8,936,926 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $2,400 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $9,396,872 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $8,807,043 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $791,615 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $122,676 |
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 | $422,409 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $803,759 |
Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $10,955 |
Liabilities. Value of benefit claims payable 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 |
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 | WHITLEY PENN LLP |
Accountancy firm EIN | 2014-12-31 | 752393478 |
2013 : BENCHMARK BANK EMPLOYEES 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 | $2,864,497 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $1,141,409 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,140,169 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,559,802 |
Value of total assets at end of year | 2013-12-31 | $8,936,926 |
Value of total assets at beginning of year | 2013-12-31 | $7,213,838 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,240 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
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 | $830,184 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $197,503 |
Total non interest bearing cash at end of year | 2013-12-31 | $129,883 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $60,474 |
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 | $1,723,088 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $8,936,926 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,213,838 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $8,807,043 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $7,153,364 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,304,695 |
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 | $532,115 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,140,169 |
Contract administrator fees | 2013-12-31 | $1,240 |
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 | PAYNE & SMITH, LLC |
Accountancy firm EIN | 2013-12-31 | 270316262 |
2012 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $2,054,760 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $88,658 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $88,298 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,392,992 |
Value of total assets at end of year | 2012-12-31 | $7,213,838 |
Value of total assets at beginning of year | 2012-12-31 | $5,247,736 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $360 |
Total interest from all sources | 2012-12-31 | $1,245 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $777,501 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $117,302 |
Administrative expenses (other) incurred | 2012-12-31 | $360 |
Total non interest bearing cash at end of year | 2012-12-31 | $60,474 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $41,831 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $1,966,102 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,213,838 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,247,736 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $7,153,364 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $5,205,905 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $1,245 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $660,523 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $498,189 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $88,298 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | PAYNE & SMITH, LLC |
Accountancy firm EIN | 2012-12-31 | 270316262 |
2011 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $919,451 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $150,320 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $127,279 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $980,721 |
Value of total assets at end of year | 2011-12-31 | $5,247,736 |
Value of total assets at beginning of year | 2011-12-31 | $4,478,605 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $23,041 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $572,458 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $54,344 |
Total non interest bearing cash at end of year | 2011-12-31 | $41,831 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $19,032 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $769,131 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,247,736 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,478,605 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $5,205,905 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $4,250,450 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $209,123 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-61,270 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $353,919 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $127,279 |
Contract administrator fees | 2011-12-31 | $23,041 |
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 | 2011-12-31 | Yes |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | PAYNE & SMITH, LLC |
Accountancy firm EIN | 2011-12-31 | 270316262 |
2010 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $47 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $1,574,456 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $139,950 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $112,572 |
Value of total corrective distributions | 2010-12-31 | $550 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,052,557 |
Value of total assets at end of year | 2010-12-31 | $4,478,605 |
Value of total assets at beginning of year | 2010-12-31 | $3,044,052 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $26,828 |
Total interest from all sources | 2010-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $640 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $631,177 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $45,344 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $47 |
Total non interest bearing cash at end of year | 2010-12-31 | $19,032 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $18,437 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $1,434,506 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $4,478,558 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,044,052 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $4,250,450 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $2,842,440 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $209,123 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $183,175 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $5,554 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $516,345 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $376,036 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $112,572 |
Contract administrator fees | 2010-12-31 | $26,188 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | PAYNE & SMITH, LLC |
Accountancy firm EIN | 2010-12-31 | 270316262 |
2009 : BENCHMARK BANK EMPLOYEES 401(K) PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |