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TOWN NORTH BANK 401(K) PLAN 401k Plan overview

Plan NameTOWN NORTH BANK 401(K) PLAN
Plan identification number 001

TOWN NORTH BANK 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

DALLAS CAPITAL BANK, N.A. has sponsored the creation of one or more 401k plans.

Company Name:DALLAS CAPITAL BANK, N.A.
Employer identification number (EIN):751383713
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TOWN NORTH BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TRACY LOZES2024-10-11
0012022-01-01
0012022-01-01TRACY LOZES
0012021-01-01
0012021-01-01TRACY LOZES
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01TRACY LOZES TRACY LOZES2018-09-28
0012016-01-01TRACY LOZES TRACY LOZES2017-10-13
0012015-01-01TRACY LOZES TRACY LOZES2016-10-14
0012014-01-01TRACY LOZES TRACY LOZES2015-10-15
0012013-01-01TRACY LOZES TRACY LOZES2014-09-30
0012012-01-01TRACY LOZES TRACY LOZES2013-09-19
0012011-01-01TRACY LOZES TRACY LOZES2013-05-06
0012010-01-01TRACY LOZES TRACY LOZES2013-05-06
0012009-01-01NAN FULLER

Financial Data on TOWN NORTH BANK 401(K) PLAN

Measure Date Value
2025 : TOWN NORTH BANK 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-170
Total liabilities as of the end of the plan year2025-09-170
Total liabilities as of the beginning of the plan year2025-09-170
Total expenses incurred by plan in this plan year2025-09-174541244
Net assets as of the end of the plan year2025-09-1719285689
Total assets as of the beginning of the plan year2025-09-1719760684
Value of plan covered by a fidelity bond2025-09-1710000000
Participant contributions to plan in this plan year2025-09-17712125
Value of participant loans at end of plan year2025-09-17126818
Other expenses paid from plan in this plan year2025-09-170
Other contributions to plan in this plan year2025-09-17580564
Other income to plan in this plan year2025-09-172574756
Plan net income in this plan year2025-09-17-474995
Net assets as of the end of the plan year2025-09-1719285689
Net assets as of the beginning of the plan year2025-09-1719760684
Employer contributions to plan in this plan year2025-09-17198804
Fees paid to broker by Benefit Provider2025-09-1729296
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1734134
2024 : TOWN NORTH BANK 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-11719684
Net assets as of the end of the plan year2024-10-1119760684
Total assets as of the beginning of the plan year2024-10-1116735598
Value of plan covered by a fidelity bond2024-10-1110000000
Participant contributions to plan in this plan year2024-10-11721523
Value of participant loans at end of plan year2024-10-1116963
Other expenses paid from plan in this plan year2024-10-110
Other contributions to plan in this plan year2024-10-11526483
Other income to plan in this plan year2024-10-112288669
Plan net income in this plan year2024-10-113025086
Net assets as of the end of the plan year2024-10-1119760684
Net assets as of the beginning of the plan year2024-10-1116735598
Employer contributions to plan in this plan year2024-10-11208095
Fees paid to broker by Benefit Provider2024-10-1127191
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-111330
2022 : TOWN NORTH BANK 401(K) PLAN 2022 401k financial data
Total income from all sources2022-12-31$-1,227,435
Expenses. Total of all expenses incurred2022-12-31$1,351,779
Benefits paid (including direct rollovers)2022-12-31$1,320,983
Total plan assets at end of year2022-12-31$16,735,598
Total plan assets at beginning of year2022-12-31$19,314,812
Value of fidelity bond covering the plan2022-12-31$10,000,000
Total contributions received or receivable from participants2022-12-31$639,336
Expenses. Other expenses not covered elsewhere2022-12-31$29,370
Contributions received from other sources (not participants or employers)2022-12-31$146,105
Other income received2022-12-31$-2,214,246
Net income (gross income less expenses)2022-12-31$-2,579,214
Net plan assets at end of year (total assets less liabilities)2022-12-31$16,735,598
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$19,314,812
Assets. Value of participant loans2022-12-31$47,382
Total contributions received or receivable from employer(s)2022-12-31$201,370
Value of corrective distributions2022-12-31$225
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$1,201
2021 : TOWN NORTH BANK 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$3,248,053
Expenses. Total of all expenses incurred2021-12-31$216,303
Benefits paid (including direct rollovers)2021-12-31$203,954
Total plan assets at end of year2021-12-31$19,314,812
Total plan assets at beginning of year2021-12-31$16,283,062
Value of fidelity bond covering the plan2021-12-31$10,000,000
Total contributions received or receivable from participants2021-12-31$593,903
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$222,157
Other income received2021-12-31$2,241,990
Net income (gross income less expenses)2021-12-31$3,031,750
Net plan assets at end of year (total assets less liabilities)2021-12-31$19,314,812
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$16,283,062
Assets. Value of participant loans2021-12-31$76,823
Total contributions received or receivable from employer(s)2021-12-31$190,003
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$12,349
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : TOWN NORTH BANK 401(K) PLAN 2020 401k financial data
Total income from all sources2020-12-31$2,560,267
Expenses. Total of all expenses incurred2020-12-31$249,202
Benefits paid (including direct rollovers)2020-12-31$233,715
Total plan assets at end of year2020-12-31$16,283,062
Total plan assets at beginning of year2020-12-31$13,971,997
Value of fidelity bond covering the plan2020-12-31$10,000,000
Total contributions received or receivable from participants2020-12-31$517,843
Expenses. Other expenses not covered elsewhere2020-12-31$10,796
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$1,874,179
Net income (gross income less expenses)2020-12-31$2,311,065
Net plan assets at end of year (total assets less liabilities)2020-12-31$16,283,062
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$13,971,997
Assets. Value of participant loans2020-12-31$99,858
Total contributions received or receivable from employer(s)2020-12-31$168,245
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$4,691
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : TOWN NORTH BANK 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$2,893,976
Expenses. Total of all expenses incurred2019-12-31$585,137
Benefits paid (including direct rollovers)2019-12-31$566,149
Total plan assets at end of year2019-12-31$13,971,997
Total plan assets at beginning of year2019-12-31$11,663,158
Value of fidelity bond covering the plan2019-12-31$10,000,000
Total contributions received or receivable from participants2019-12-31$518,349
Expenses. Other expenses not covered elsewhere2019-12-31$17,220
Contributions received from other sources (not participants or employers)2019-12-31$106,696
Other income received2019-12-31$2,097,329
Net income (gross income less expenses)2019-12-31$2,308,839
Net plan assets at end of year (total assets less liabilities)2019-12-31$13,971,997
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$11,663,158
Assets. Value of participant loans2019-12-31$79,973
Total contributions received or receivable from employer(s)2019-12-31$171,602
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$1,768
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : TOWN NORTH BANK 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$247,127
Expenses. Total of all expenses incurred2018-12-31$704,415
Benefits paid (including direct rollovers)2018-12-31$677,758
Total plan assets at end of year2018-12-31$11,663,158
Total plan assets at beginning of year2018-12-31$12,120,446
Value of fidelity bond covering the plan2018-12-31$10,000,000
Total contributions received or receivable from participants2018-12-31$405,682
Expenses. Other expenses not covered elsewhere2018-12-31$24,743
Contributions received from other sources (not participants or employers)2018-12-31$7,064
Other income received2018-12-31$-309,334
Net income (gross income less expenses)2018-12-31$-457,288
Net plan assets at end of year (total assets less liabilities)2018-12-31$11,663,158
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$12,120,446
Assets. Value of participant loans2018-12-31$124,678
Total contributions received or receivable from employer(s)2018-12-31$143,715
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$342
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$1,572
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Funding deficiency by the employer to the plan for this plan year2018-12-31$0
Minimum employer required contribution for this plan year2018-12-31$0
Amount contributed by the employer to the plan for this plan year2018-12-31$0
2017 : TOWN NORTH BANK 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$3,225,254
Expenses. Total of all expenses incurred2017-12-31$1,071,693
Benefits paid (including direct rollovers)2017-12-31$1,064,715
Total plan assets at end of year2017-12-31$12,120,446
Total plan assets at beginning of year2017-12-31$9,966,885
Total contributions received or receivable from participants2017-12-31$366,523
Expenses. Other expenses not covered elsewhere2017-12-31$3,996
Contributions received from other sources (not participants or employers)2017-12-31$1,315,680
Other income received2017-12-31$1,414,672
Net income (gross income less expenses)2017-12-31$2,153,561
Net plan assets at end of year (total assets less liabilities)2017-12-31$12,120,446
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$9,966,885
Assets. Value of participant loans2017-12-31$137,151
Total contributions received or receivable from employer(s)2017-12-31$128,379
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$1,322
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$1,660
2016 : TOWN NORTH BANK 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$1,294,330
Expenses. Total of all expenses incurred2016-12-31$474,021
Benefits paid (including direct rollovers)2016-12-31$457,703
Total plan assets at end of year2016-12-31$9,966,885
Total plan assets at beginning of year2016-12-31$9,146,576
Value of fidelity bond covering the plan2016-12-31$10,000,000
Total contributions received or receivable from participants2016-12-31$306,865
Expenses. Other expenses not covered elsewhere2016-12-31$7,538
Contributions received from other sources (not participants or employers)2016-12-31$295,326
Other income received2016-12-31$590,911
Net income (gross income less expenses)2016-12-31$820,309
Net plan assets at end of year (total assets less liabilities)2016-12-31$9,966,885
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$9,146,576
Assets. Value of participant loans2016-12-31$116,579
Total contributions received or receivable from employer(s)2016-12-31$101,228
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$7,310
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$1,470
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : TOWN NORTH BANK 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$347,202
Expenses. Total of all expenses incurred2015-12-31$877,851
Benefits paid (including direct rollovers)2015-12-31$871,913
Total plan assets at end of year2015-12-31$9,146,576
Total plan assets at beginning of year2015-12-31$9,677,225
Value of fidelity bond covering the plan2015-12-31$10,000,000
Total contributions received or receivable from participants2015-12-31$201,973
Expenses. Other expenses not covered elsewhere2015-12-31$4,253
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$90,381
Net income (gross income less expenses)2015-12-31$-530,649
Net plan assets at end of year (total assets less liabilities)2015-12-31$9,146,576
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$9,677,225
Assets. Value of participant loans2015-12-31$102,883
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$9,542
Total contributions received or receivable from employer(s)2015-12-31$54,848
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$35
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,650
2014 : TOWN NORTH BANK 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$798,568
Expenses. Total of all expenses incurred2014-12-31$868,095
Benefits paid (including direct rollovers)2014-12-31$865,094
Total plan assets at end of year2014-12-31$9,677,225
Total plan assets at beginning of year2014-12-31$9,746,752
Value of fidelity bond covering the plan2014-12-31$9,000,000
Total contributions received or receivable from participants2014-12-31$198,299
Expenses. Other expenses not covered elsewhere2014-12-31$273
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$545,085
Net income (gross income less expenses)2014-12-31$-69,527
Net plan assets at end of year (total assets less liabilities)2014-12-31$9,677,225
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$9,746,752
Assets. Value of participant loans2014-12-31$134,669
Total contributions received or receivable from employer(s)2014-12-31$55,184
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$558
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$2,170
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : TOWN NORTH BANK 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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$1,746,551
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$747,438
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$733,216
Expenses. Certain deemed distributions of participant loans2013-12-31$0
Value of total corrective distributions2013-12-31$4,559
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$274,140
Value of total assets at end of year2013-12-31$9,746,752
Value of total assets at beginning of year2013-12-31$8,747,639
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$9,663
Total interest from all sources2013-12-31$111,771
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 year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$9,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$186,863
Participant contributions at end of year2013-12-31$159,636
Participant contributions at beginning of year2013-12-31$179,521
Assets. Other investments not covered elsewhere at end of year2013-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$0
Other income not declared elsewhere2013-12-31$0
Administrative expenses (other) incurred2013-12-31$6,903
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$999,113
Value of net assets at end of year (total assets less liabilities)2013-12-31$9,746,752
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$8,747,639
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$0
Value of interest in pooled separate accounts at end of year2013-12-31$5,880,206
Value of interest in pooled separate accounts at beginning of year2013-12-31$4,555,943
Interest on participant loans2013-12-31$6,089
Interest earned on other investments2013-12-31$105,682
Value of interest in common/collective trusts at end of year2013-12-31$0
Value of interest in common/collective trusts at beginning of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$3,706,910
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$4,012,175
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$0
Net investment gain/loss from pooled separate accounts2013-12-31$1,360,640
Net investment gain or loss from common/collective trusts2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$0
Assets. Invements in employer securities at beginning of year2013-12-31$0
Contributions received in cash from employer2013-12-31$87,277
Income. Dividends from common stock2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$733,216
Contract administrator fees2013-12-31$2,760
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CROWE HORWATH LLP
Accountancy firm EIN2013-12-31350921680
2012 : TOWN NORTH BANK 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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$974,928
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,800,573
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,791,912
Expenses. Certain deemed distributions of participant loans2012-12-31$0
Value of total corrective distributions2012-12-31$323
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$246,118
Value of total assets at end of year2012-12-31$8,747,639
Value of total assets at beginning of year2012-12-31$9,573,284
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$8,338
Total interest from all sources2012-12-31$136,500
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 year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$0
Administrative expenses professional fees incurred2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$9,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$188,615
Participant contributions at end of year2012-12-31$179,521
Participant contributions at beginning of year2012-12-31$132,962
Assets. Other investments not covered elsewhere at end of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$10,612
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$0
Other income not declared elsewhere2012-12-31$158
Administrative expenses (other) incurred2012-12-31$4,933
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-825,645
Value of net assets at end of year (total assets less liabilities)2012-12-31$8,747,639
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$9,573,284
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$0
Value of interest in pooled separate accounts at end of year2012-12-31$4,555,943
Value of interest in pooled separate accounts at beginning of year2012-12-31$4,145,000
Interest on participant loans2012-12-31$6,037
Interest earned on other investments2012-12-31$130,463
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$4,012,175
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$5,295,322
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$0
Net investment gain/loss from pooled separate accounts2012-12-31$592,152
Net investment gain or loss from common/collective trusts2012-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$0
Assets. Invements in employer securities at beginning of year2012-12-31$0
Contributions received in cash from employer2012-12-31$46,891
Income. Dividends from common stock2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,791,912
Contract administrator fees2012-12-31$3,405
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31MCGLADREY, LLP
Accountancy firm EIN2012-12-31430714325
2011 : TOWN NORTH BANK 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total transfer of assets to this plan2011-12-31$2,179,687
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$393,669
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,302,792
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,243,898
Expenses. Certain deemed distributions of participant loans2011-12-31$0
Value of total corrective distributions2011-12-31$82
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$257,652
Value of total assets at end of year2011-12-31$9,573,284
Value of total assets at beginning of year2011-12-31$8,302,720
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$58,812
Total interest from all sources2011-12-31$118,881
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 year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$0
Administrative expenses professional fees incurred2011-12-31$17,000
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$9,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$215,670
Participant contributions at end of year2011-12-31$132,962
Participant contributions at beginning of year2011-12-31$76,479
Assets. Other investments not covered elsewhere at end of year2011-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$41,982
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$595,543
Other income not declared elsewhere2011-12-31$67,152
Administrative expenses (other) incurred2011-12-31$39,027
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-909,123
Value of net assets at end of year (total assets less liabilities)2011-12-31$9,573,284
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$8,302,720
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$0
Value of interest in pooled separate accounts at end of year2011-12-31$4,145,000
Value of interest in pooled separate accounts at beginning of year2011-12-31$3,750,330
Interest on participant loans2011-12-31$2,527
Interest earned on other investments2011-12-31$116,354
Value of interest in common/collective trusts at end of year2011-12-31$0
Value of interest in common/collective trusts at beginning of year2011-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$5,295,322
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$4,475,911
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$0
Net investment gain/loss from pooled separate accounts2011-12-31$-50,016
Net investment gain or loss from common/collective trusts2011-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$0
Contributions received in cash from employer2011-12-31$0
Income. Dividends from common stock2011-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$648,355
Contract administrator fees2011-12-31$2,785
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31MCGLADREY,LLP
Accountancy firm EIN2011-12-31420714325
2010 : TOWN NORTH BANK 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
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$1,234,697
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$5,210,123
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$5,157,198
Expenses. Certain deemed distributions of participant loans2010-12-31$0
Value of total corrective distributions2010-12-31$17,612
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$466,498
Value of total assets at end of year2010-12-31$8,302,720
Value of total assets at beginning of year2010-12-31$12,278,146
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$35,313
Total interest from all sources2010-12-31$141,794
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 year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$0
Administrative expenses professional fees incurred2010-12-31$10,000
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$9,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$466,498
Participant contributions at end of year2010-12-31$76,479
Participant contributions at beginning of year2010-12-31$300,230
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$0
Other income not declared elsewhere2010-12-31$118,963
Administrative expenses (other) incurred2010-12-31$17,425
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-3,975,426
Value of net assets at end of year (total assets less liabilities)2010-12-31$8,302,720
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$12,278,146
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$0
Value of interest in pooled separate accounts at end of year2010-12-31$3,750,330
Value of interest in pooled separate accounts at beginning of year2010-12-31$6,731,587
Interest on participant loans2010-12-31$8,577
Interest earned on other investments2010-12-31$133,217
Value of interest in common/collective trusts at end of year2010-12-31$0
Value of interest in common/collective trusts at beginning of year2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$4,475,911
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$5,246,329
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$0
Net investment gain/loss from pooled separate accounts2010-12-31$507,442
Net investment gain or loss from common/collective trusts2010-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$0
Assets. Invements in employer securities at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$0
Income. Dividends from common stock2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$5,157,198
Contract administrator fees2010-12-31$7,888
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31MCGLADREY & PULLEN, LLP
Accountancy firm EIN2010-12-31042071432
2009 : TOWN NORTH BANK 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for TOWN NORTH BANK 401(K) PLAN

2022: TOWN NORTH BANK 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TOWN NORTH BANK 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TOWN NORTH BANK 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TOWN NORTH BANK 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TOWN NORTH BANK 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TOWN NORTH BANK 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TOWN NORTH BANK 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: TOWN NORTH BANK 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: TOWN NORTH BANK 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: TOWN NORTH BANK 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: TOWN NORTH BANK 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: TOWN NORTH BANK 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: TOWN NORTH BANK 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: TOWN NORTH BANK 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number781451
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberSF 7276
Policy instance 1

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