?>
Logo

GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 401k Plan overview

Plan NameGUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS
Plan identification number 001

GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

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

Company Name:GUARANTY BANCSHARES, INC.
Employer identification number (EIN):751656431
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about GUARANTY BANCSHARES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1990-12-06
Company Identification Number: 0117467800
Legal Registered Office Address: PO BOX 1158

MT PLEASANT
United States of America (USA)
75456

More information about GUARANTY BANCSHARES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01CLIFTON A. PAYNE
0012017-01-01CLIFTON PAYNE
0012016-01-01LLOYD CRAWFORD
0012015-01-01LLOYD CRAWFORD
0012014-01-01M.J. TRUSTY
0012013-01-01KATHY SHELTON KATHY SHELTON2014-10-15
0012012-01-01CLIFTON A. PAYNE M. J. TRUSTY2013-08-01
0012011-01-01CLIFTON A. PAYNE M. J. TRUSTY2012-07-30
0012010-01-01M. J. TRUSTY
0012009-01-01RICHARD PERRYMAN RICHARD PERRYMAN2010-07-21

Plan Statistics for GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS

401k plan membership statisitcs for GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS

Measure Date Value
2022: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2022 401k membership
Total participants, beginning-of-year2022-01-01697
Total number of active participants reported on line 7a of the Form 55002022-01-01502
Number of retired or separated participants receiving benefits2022-01-0127
Number of other retired or separated participants entitled to future benefits2022-01-01157
Total of all active and inactive participants2022-01-01686
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01686
Number of participants with account balances2022-01-01650
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0183
2021: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2021 401k membership
Total participants, beginning-of-year2021-01-01619
Total number of active participants reported on line 7a of the Form 55002021-01-01486
Number of retired or separated participants receiving benefits2021-01-0146
Number of other retired or separated participants entitled to future benefits2021-01-01161
Total of all active and inactive participants2021-01-01693
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01693
Number of participants with account balances2021-01-01650
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0176
2020: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2020 401k membership
Total participants, beginning-of-year2020-01-01607
Total number of active participants reported on line 7a of the Form 55002020-01-01459
Number of retired or separated participants receiving benefits2020-01-0110
Number of other retired or separated participants entitled to future benefits2020-01-01140
Total of all active and inactive participants2020-01-01609
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01609
Number of participants with account balances2020-01-01579
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0152
2019: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2019 401k membership
Total participants, beginning-of-year2019-01-01651
Total number of active participants reported on line 7a of the Form 55002019-01-01466
Number of retired or separated participants receiving benefits2019-01-0111
Number of other retired or separated participants entitled to future benefits2019-01-01121
Total of all active and inactive participants2019-01-01598
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01598
Number of participants with account balances2019-01-01565
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0165
2018: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2018 401k membership
Total participants, beginning-of-year2018-01-01500
Total number of active participants reported on line 7a of the Form 55002018-01-01454
Number of retired or separated participants receiving benefits2018-01-0122
Number of other retired or separated participants entitled to future benefits2018-01-01164
Total of all active and inactive participants2018-01-01640
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01640
Number of participants with account balances2018-01-01613
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0147
2017: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2017 401k membership
Total participants, beginning-of-year2017-01-01516
Total number of active participants reported on line 7a of the Form 55002017-01-01407
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0169
Total of all active and inactive participants2017-01-01476
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01476
Number of participants with account balances2017-01-01476
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0145
2016: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2016 401k membership
Total participants, beginning-of-year2016-01-01545
Total number of active participants reported on line 7a of the Form 55002016-01-01405
Number of retired or separated participants receiving benefits2016-01-01167
Number of other retired or separated participants entitled to future benefits2016-01-012
Total of all active and inactive participants2016-01-01574
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01574
Number of participants with account balances2016-01-01516
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0141
2015: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2015 401k membership
Total participants, beginning-of-year2015-01-01458
Total number of active participants reported on line 7a of the Form 55002015-01-01426
Number of retired or separated participants receiving benefits2015-01-01117
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-01545
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01545
Number of participants with account balances2015-01-01454
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0135
2014: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2014 401k membership
Total participants, beginning-of-year2014-01-01423
Total number of active participants reported on line 7a of the Form 55002014-01-01346
Number of retired or separated participants receiving benefits2014-01-0120
Number of other retired or separated participants entitled to future benefits2014-01-0192
Total of all active and inactive participants2014-01-01458
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01458
Number of participants with account balances2014-01-01411
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0131
2013: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2013 401k membership
Total participants, beginning-of-year2013-01-01410
Total number of active participants reported on line 7a of the Form 55002013-01-01296
Number of retired or separated participants receiving benefits2013-01-0132
Number of other retired or separated participants entitled to future benefits2013-01-0195
Total of all active and inactive participants2013-01-01423
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01423
Number of participants with account balances2013-01-01416
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0138
2012: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2012 401k membership
Total participants, beginning-of-year2012-01-01374
Total number of active participants reported on line 7a of the Form 55002012-01-01309
Number of retired or separated participants receiving benefits2012-01-011
Number of other retired or separated participants entitled to future benefits2012-01-01100
Total of all active and inactive participants2012-01-01410
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01410
Number of participants with account balances2012-01-01404
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0125
2011: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2011 401k membership
Total participants, beginning-of-year2011-01-01346
Total number of active participants reported on line 7a of the Form 55002011-01-01311
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0162
Total of all active and inactive participants2011-01-01374
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01374
Number of participants with account balances2011-01-01367
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0129
2010: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2010 401k membership
Total participants, beginning-of-year2010-01-01379
Total number of active participants reported on line 7a of the Form 55002010-01-01295
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-0150
Total of all active and inactive participants2010-01-01346
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01346
Number of participants with account balances2010-01-01337
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0117
2009: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2009 401k membership
Total participants, beginning-of-year2009-01-01371
Total number of active participants reported on line 7a of the Form 55002009-01-01279
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0194
Total of all active and inactive participants2009-01-01374
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01374
Number of participants with account balances2009-01-01372
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0118

Financial Data on GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS

Measure Date Value
2022 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-2,765,199
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$9,561,127
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$9,393,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,314,022
Value of total assets at end of year2022-12-31$61,517,092
Value of total assets at beginning of year2022-12-31$73,843,418
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$167,355
Total interest from all sources2022-12-31$18,756
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,998,191
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$986,141
Administrative expenses professional fees incurred2022-12-31$47,413
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$8,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$2,418,793
Participant contributions at end of year2022-12-31$504,891
Participant contributions at beginning of year2022-12-31$569,094
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$319,309
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$239,986
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$250,939
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-12,326,326
Value of net assets at end of year (total assets less liabilities)2022-12-31$61,517,092
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$73,843,418
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$46,935
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$22,951,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$25,871,996
Interest on participant loans2022-12-31$18,756
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-9,096,168
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$37,820,771
Assets. Invements in employer securities at beginning of year2022-12-31$47,151,389
Contributions received in cash from employer2022-12-31$1,575,920
Income. Dividends from common stock2022-12-31$1,012,050
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$9,393,772
Contract administrator fees2022-12-31$73,007
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31WHITLEY PENN LLP
Accountancy firm EIN2022-12-31752393478
2021 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$21,949,229
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$4,676,600
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$4,529,148
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,735,755
Value of total assets at end of year2021-12-31$73,843,418
Value of total assets at beginning of year2021-12-31$56,570,789
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$147,452
Total interest from all sources2021-12-31$19,615
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$6,454,571
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,548,228
Administrative expenses professional fees incurred2021-12-31$42,700
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$8,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$2,195,570
Participant contributions at end of year2021-12-31$569,094
Participant contributions at beginning of year2021-12-31$486,274
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$85,837
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$250,939
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$242,529
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$248,345
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$17,272,629
Value of net assets at end of year (total assets less liabilities)2021-12-31$73,843,418
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$56,570,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$42,560
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$25,871,996
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$19,274,887
Interest on participant loans2021-12-31$19,615
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$11,739,288
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$47,151,389
Assets. Invements in employer securities at beginning of year2021-12-31$36,318,754
Contributions received in cash from employer2021-12-31$1,454,348
Income. Dividends from common stock2021-12-31$4,906,343
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$4,529,148
Contract administrator fees2021-12-31$62,192
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31WHITLEY PENN LLP
Accountancy firm EIN2021-12-31752393478
2020 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$3,947,114
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$4,523,062
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$4,362,623
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,729,769
Value of total assets at end of year2020-12-31$56,570,789
Value of total assets at beginning of year2020-12-31$57,146,737
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$160,439
Total interest from all sources2020-12-31$27,563
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,588,219
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$625,382
Administrative expenses professional fees incurred2020-12-31$39,894
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$8,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,066,491
Participant contributions at end of year2020-12-31$486,274
Participant contributions at beginning of year2020-12-31$602,668
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$332,364
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$242,529
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$220,438
Total non interest bearing cash at end of year2020-12-31$248,345
Total non interest bearing cash at beginning of year2020-12-31$42,574
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-575,948
Value of net assets at end of year (total assets less liabilities)2020-12-31$56,570,789
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$57,146,737
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$41,092
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$19,274,887
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$16,014,281
Interest on participant loans2020-12-31$27,563
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$-1,398,437
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$36,318,754
Assets. Invements in employer securities at beginning of year2020-12-31$40,266,776
Contributions received in cash from employer2020-12-31$1,330,914
Income. Dividends from common stock2020-12-31$962,837
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$4,362,623
Contract administrator fees2020-12-31$79,453
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31WHITLEY PENN LLP
Accountancy firm EIN2020-12-31752393478
2019 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$3,418,103
Total unrealized appreciation/depreciation of assets2019-12-31$3,418,103
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$10,025,779
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$2,632,339
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$2,470,325
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,304,778
Value of total assets at end of year2019-12-31$57,146,737
Value of total assets at beginning of year2019-12-31$49,753,297
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$162,014
Total interest from all sources2019-12-31$25,370
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,412,888
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$526,189
Administrative expenses professional fees incurred2019-12-31$28,610
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$8,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,931,565
Participant contributions at end of year2019-12-31$602,668
Participant contributions at beginning of year2019-12-31$410,607
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$103,213
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$220,438
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$235,888
Other income not declared elsewhere2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$42,574
Total non interest bearing cash at beginning of year2019-12-31$54,093
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$7,393,440
Value of net assets at end of year (total assets less liabilities)2019-12-31$57,146,737
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$49,753,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$14,650
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$16,014,281
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$9,287,852
Interest on participant loans2019-12-31$25,370
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,864,640
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$40,266,776
Assets. Invements in employer securities at beginning of year2019-12-31$39,764,857
Contributions received in cash from employer2019-12-31$1,270,000
Income. Dividends from common stock2019-12-31$886,699
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,470,325
Contract administrator fees2019-12-31$118,754
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31WHITLEY PENN LLP
Accountancy firm EIN2019-12-31752393478
2018 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-1,063,246
Total unrealized appreciation/depreciation of assets2018-12-31$-1,063,246
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$2,503,001
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,816,194
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,657,488
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,398,583
Value of total assets at end of year2018-12-31$49,753,297
Value of total assets at beginning of year2018-12-31$50,066,490
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$158,706
Total interest from all sources2018-12-31$11,437
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,259,017
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$455,112
Administrative expenses professional fees incurred2018-12-31$7,918
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$8,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,797,106
Participant contributions at end of year2018-12-31$410,607
Participant contributions at beginning of year2018-12-31$97,886
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$476,769
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$235,888
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$183,999
Total non interest bearing cash at end of year2018-12-31$54,093
Total non interest bearing cash at beginning of year2018-12-31$9,498,534
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-313,193
Value of net assets at end of year (total assets less liabilities)2018-12-31$49,753,297
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$50,066,490
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$19,230
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$9,287,852
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$0
Interest on participant loans2018-12-31$11,437
Value of interest in common/collective trusts at end of year2018-12-31$0
Value of interest in common/collective trusts at beginning of year2018-12-31$3,481
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,102,790
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$39,764,857
Assets. Invements in employer securities at beginning of year2018-12-31$40,282,590
Contributions received in cash from employer2018-12-31$1,124,708
Income. Dividends from common stock2018-12-31$803,905
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,657,488
Contract administrator fees2018-12-31$131,558
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31WHITLEY PENN LLP
Accountancy firm EIN2018-12-31752393478
2017 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$6,111,389
Total unrealized appreciation/depreciation of assets2017-12-31$6,111,389
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$1,242,455
Expenses. Interest paid2017-12-31$36,819
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$36,819
Total income from all sources (including contributions)2017-12-31$11,416,818
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,826,055
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,604,085
Expenses. Certain deemed distributions of participant loans2017-12-31$9,434
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,410,160
Value of total assets at end of year2017-12-31$50,066,490
Value of total assets at beginning of year2017-12-31$41,718,182
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$175,717
Total interest from all sources2017-12-31$2,487
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$743,891
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$44,917
Administrative expenses professional fees incurred2017-12-31$68,022
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$8,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$124,750
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,578,146
Participant contributions at end of year2017-12-31$97,886
Participant contributions at beginning of year2017-12-31$60,069
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$866,235
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$183,999
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$42,455
Total non interest bearing cash at end of year2017-12-31$9,498,534
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$9,590,763
Value of net assets at end of year (total assets less liabilities)2017-12-31$50,066,490
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$40,475,727
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$59,064
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$2,806,266
Value of interest in pooled separate accounts at beginning of year2017-12-31$123,455
Interest on participant loans2017-12-31$2,487
Value of interest in common/collective trusts at end of year2017-12-31$3,481
Value of interest in common/collective trusts at beginning of year2017-12-31$3,484,361
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$944,181
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$944,181
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$155,518
Net investment gain or loss from common/collective trusts2017-12-31$993,373
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$40,282,590
Assets. Invements in employer securities at beginning of year2017-12-31$34,299,850
Contributions received in cash from employer2017-12-31$965,779
Income. Dividends from common stock2017-12-31$698,974
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,604,085
Contract administrator fees2017-12-31$48,631
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$1,200,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31ANTON COLLINS MITCHELL LLP
Accountancy firm EIN2017-12-31010724563
2016 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$2,638,450
Total unrealized appreciation/depreciation of assets2016-12-31$2,638,450
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$1,241,455
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$19,030
Expenses. Interest paid2016-12-31$13,888
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$13,888
Total income from all sources (including contributions)2016-12-31$6,890,704
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$11,739,454
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$11,567,139
Expenses. Certain deemed distributions of participant loans2016-12-31$2,301
Value of total corrective distributions2016-12-31$27,354
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,979,987
Value of total assets at end of year2016-12-31$41,717,182
Value of total assets at beginning of year2016-12-31$45,343,507
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$128,772
Total interest from all sources2016-12-31$2,316
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$815,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$39,728
Administrative expenses professional fees incurred2016-12-31$22,524
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$8,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$8,261,232
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,458,736
Participant contributions at end of year2016-12-31$60,069
Participant contributions at beginning of year2016-12-31$62,884
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$586,360
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$41,455
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$19,030
Administrative expenses (other) incurred2016-12-31$6,946
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-4,848,750
Value of net assets at end of year (total assets less liabilities)2016-12-31$40,475,727
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$45,324,477
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$2,750
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$2,805,266
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$5,493,842
Value of interest in pooled separate accounts at end of year2016-12-31$123,455
Value of interest in pooled separate accounts at beginning of year2016-12-31$131,136
Interest on participant loans2016-12-31$2,316
Value of interest in common/collective trusts at end of year2016-12-31$3,484,361
Value of interest in common/collective trusts at beginning of year2016-12-31$2,733,013
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$944,181
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$216,806
Net investment gain/loss from pooled separate accounts2016-12-31$23,674
Net investment gain or loss from common/collective trusts2016-12-31$214,249
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$34,299,850
Assets. Invements in employer securities at beginning of year2016-12-31$36,922,632
Contributions received in cash from employer2016-12-31$934,891
Income. Dividends from common stock2016-12-31$775,494
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$11,567,139
Contract administrator fees2016-12-31$96,552
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$1,200,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31WHITLEY PENN LLP
Accountancy firm EIN2016-12-31752393478
2015 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$1,538,443
Total unrealized appreciation/depreciation of assets2015-12-31$1,538,443
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$19,030
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$4,975,652
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$3,160,153
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$3,039,964
Value of total corrective distributions2015-12-31$19,030
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,725,933
Value of total assets at end of year2015-12-31$45,343,507
Value of total assets at beginning of year2015-12-31$43,508,978
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$101,159
Total interest from all sources2015-12-31$1,829
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$797,408
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$28,186
Administrative expenses professional fees incurred2015-12-31$21,250
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$8,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$1,473,311
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,244,113
Participant contributions at end of year2015-12-31$62,884
Participant contributions at beginning of year2015-12-31$39,445
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$292
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$656,277
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$19,030
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$1,815,499
Value of net assets at end of year (total assets less liabilities)2015-12-31$45,324,477
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$43,508,978
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$5,493,842
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$6,229,199
Value of interest in pooled separate accounts at end of year2015-12-31$131,136
Interest on participant loans2015-12-31$1,829
Value of interest in common/collective trusts at end of year2015-12-31$2,733,013
Value of interest in common/collective trusts at beginning of year2015-12-31$2,452,542
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-30,727
Net investment gain/loss from pooled separate accounts2015-12-31$-6,502
Net investment gain or loss from common/collective trusts2015-12-31$-50,732
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$36,922,632
Assets. Invements in employer securities at beginning of year2015-12-31$34,787,500
Contributions received in cash from employer2015-12-31$825,543
Income. Dividends from common stock2015-12-31$769,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$3,039,964
Contract administrator fees2015-12-31$79,909
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31WHITLEY PENN LLP
Accountancy firm EIN2015-12-31752393478
2014 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$1,031,250
Total unrealized appreciation/depreciation of assets2014-12-31$1,031,250
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$17,182
Total income from all sources (including contributions)2014-12-31$5,571,382
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,488,855
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,420,975
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,015,565
Value of total assets at end of year2014-12-31$43,508,978
Value of total assets at beginning of year2014-12-31$39,443,633
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$67,880
Total interest from all sources2014-12-31$1,405
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$2,260,215
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$25,840
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$8,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,074,480
Participant contributions at end of year2014-12-31$39,445
Participant contributions at beginning of year2014-12-31$16,601
Participant contributions at end of year2014-12-31$292
Participant contributions at beginning of year2014-12-31$204
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$256,051
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$17,182
Other income not declared elsewhere2014-12-31$0
Administrative expenses (other) incurred2014-12-31$2,565
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$4,082,527
Value of net assets at end of year (total assets less liabilities)2014-12-31$43,508,978
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$39,426,451
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$6,229,199
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$6,779,187
Interest on participant loans2014-12-31$1,405
Value of interest in common/collective trusts at end of year2014-12-31$2,452,542
Value of interest in common/collective trusts at beginning of year2014-12-31$1,710,141
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$146,297
Net investment gain or loss from common/collective trusts2014-12-31$116,650
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$34,787,500
Assets. Invements in employer securities at beginning of year2014-12-31$30,937,500
Contributions received in cash from employer2014-12-31$685,034
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$0
Income. Dividends from common stock2014-12-31$2,234,375
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,420,975
Contract administrator fees2014-12-31$65,315
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31WHITLEY PENN LLP
Accountancy firm EIN2014-12-31752393478
2013 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$2,012,291
Total unrealized appreciation/depreciation of assets2013-12-31$2,012,291
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$17,182
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$7,177,589
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,157,170
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,046,516
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,991,783
Value of total assets at end of year2013-12-31$39,443,633
Value of total assets at beginning of year2013-12-31$34,406,032
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$110,654
Total interest from all sources2013-12-31$1,096
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$2,547,366
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$80,366
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$8,000,000
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$982,065
Participant contributions at end of year2013-12-31$16,601
Participant contributions at beginning of year2013-12-31$43,935
Participant contributions at end of year2013-12-31$204
Participant contributions at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$506,211
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$17,182
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Administrative expenses (other) incurred2013-12-31$68,919
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$5,020,419
Value of net assets at end of year (total assets less liabilities)2013-12-31$39,426,451
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$34,406,032
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$6,779,187
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$0
Interest on participant loans2013-12-31$1,096
Value of interest in common/collective trusts at end of year2013-12-31$1,710,141
Value of interest in common/collective trusts at beginning of year2013-12-31$3,962,353
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$254,964
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$254,964
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$438,772
Net investment gain or loss from common/collective trusts2013-12-31$186,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
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$30,937,500
Assets. Invements in employer securities at beginning of year2013-12-31$30,144,780
Contributions received in cash from employer2013-12-31$503,507
Income. Dividends from common stock2013-12-31$2,467,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,046,516
Contract administrator fees2013-12-31$41,735
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)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31HENRY & PETERS, PC
Accountancy firm EIN2013-12-31751503978
2012 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$1,845,021
Total unrealized appreciation/depreciation of assets2012-12-31$1,845,021
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$5,609,247
Total loss/gain on sale of assets2012-12-31$29,320
Total of all expenses incurred2012-12-31$976,777
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$818,339
Value of total corrective distributions2012-12-31$1,754
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,769,745
Value of total assets at end of year2012-12-31$34,406,032
Value of total assets at beginning of year2012-12-31$29,773,562
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$156,684
Total interest from all sources2012-12-31$3,205
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$1,542,750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$8,000,000
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$981,332
Participant contributions at end of year2012-12-31$43,935
Participant contributions at beginning of year2012-12-31$71,134
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$253,443
Administrative expenses (other) incurred2012-12-31$1,241
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$1,348
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$4,632,470
Value of net assets at end of year (total assets less liabilities)2012-12-31$34,406,032
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$29,773,562
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$4,470
Interest on participant loans2012-12-31$2,368
Value of interest in common/collective trusts at end of year2012-12-31$3,962,353
Value of interest in common/collective trusts at beginning of year2012-12-31$3,580,729
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$254,964
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$193,097
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$193,097
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$837
Net investment gain or loss from common/collective trusts2012-12-31$419,206
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$30,144,780
Assets. Invements in employer securities at beginning of year2012-12-31$25,927,254
Contributions received in cash from employer2012-12-31$534,970
Income. Dividends from common stock2012-12-31$1,542,750
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$818,339
Contract administrator fees2012-12-31$150,973
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
Aggregate proceeds on sale of assets2012-12-31$624,012
Aggregate carrying amount (costs) on sale of assets2012-12-31$594,692
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31HENRY & PETERS, PC
Accountancy firm EIN2012-12-31751503978
2011 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$2,823,542
Total unrealized appreciation/depreciation of assets2011-12-31$2,823,542
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$6,602,427
Total loss/gain on sale of assets2011-12-31$48,869
Total of all expenses incurred2011-12-31$820,512
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$682,528
Value of total corrective distributions2011-12-31$5,862
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,238,364
Value of total assets at end of year2011-12-31$29,773,562
Value of total assets at beginning of year2011-12-31$23,991,647
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$132,122
Total interest from all sources2011-12-31$3,151
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$1,382,359
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$8,000,000
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$901,415
Participant contributions at end of year2011-12-31$71,134
Participant contributions at beginning of year2011-12-31$46,901
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$790,579
Administrative expenses (other) incurred2011-12-31$1,084
Total non interest bearing cash at end of year2011-12-31$1,348
Total non interest bearing cash at beginning of year2011-12-31$1,195
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$5,781,915
Value of net assets at end of year (total assets less liabilities)2011-12-31$29,773,562
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$23,991,647
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
Interest on participant loans2011-12-31$2,496
Value of interest in common/collective trusts at end of year2011-12-31$3,580,729
Value of interest in common/collective trusts at beginning of year2011-12-31$3,233,327
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$193,097
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$160,882
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$160,882
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$655
Net investment gain or loss from common/collective trusts2011-12-31$106,142
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$25,927,254
Assets. Invements in employer securities at beginning of year2011-12-31$20,549,342
Contributions received in cash from employer2011-12-31$546,370
Income. Dividends from common stock2011-12-31$1,382,359
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$682,528
Contract administrator fees2011-12-31$131,038
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
Aggregate proceeds on sale of assets2011-12-31$601,477
Aggregate carrying amount (costs) on sale of assets2011-12-31$552,608
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31HENRY & PETERS, PC
Accountancy firm EIN2011-12-31751503978
2010 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,406,011
Total unrealized appreciation/depreciation of assets2010-12-31$2,406,011
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$6,028
Total income from all sources (including contributions)2010-12-31$5,604,631
Total loss/gain on sale of assets2010-12-31$30,119
Total of all expenses incurred2010-12-31$607,858
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$498,806
Value of total corrective distributions2010-12-31$3,280
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,479,652
Value of total assets at end of year2010-12-31$23,991,647
Value of total assets at beginning of year2010-12-31$19,000,902
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$105,772
Total interest from all sources2010-12-31$2,548
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$1,269,285
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$8,000,000
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$823,820
Participant contributions at end of year2010-12-31$46,901
Participant contributions at beginning of year2010-12-31$15,459
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$122,963
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$689
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$6,028
Administrative expenses (other) incurred2010-12-31$820
Total non interest bearing cash at end of year2010-12-31$1,195
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$4,996,773
Value of net assets at end of year (total assets less liabilities)2010-12-31$23,991,647
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$18,994,874
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$3,193
Interest on participant loans2010-12-31$1,821
Value of interest in common/collective trusts at end of year2010-12-31$3,233,327
Value of interest in common/collective trusts at beginning of year2010-12-31$2,817,832
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$160,882
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$179,788
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$179,788
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$727
Net investment gain or loss from common/collective trusts2010-12-31$417,016
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$20,549,342
Assets. Invements in employer securities at beginning of year2010-12-31$15,987,134
Contributions received in cash from employer2010-12-31$532,869
Income. Dividends from common stock2010-12-31$1,269,285
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$498,806
Contract administrator fees2010-12-31$101,759
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
Aggregate proceeds on sale of assets2010-12-31$403,760
Aggregate carrying amount (costs) on sale of assets2010-12-31$373,641
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31HENRY & PETERS, PC
Accountancy firm EIN2010-12-31751503978
2009 : GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS

2022: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
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 – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: GUARANTY BANCSHARES, INC. ESOP W/401(K) PROVISIONS 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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number459242
Policy instance 1
Insurance contract or identification number459242
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

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

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3