401k Plan data: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN plan

NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 401k Plan overview

Plan Name	NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN
Plan identification number	002

NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NATIONAL BANK OF ANDREWS has sponsored the creation of one or more 401k plans.

Company Name: NATIONAL BANK OF ANDREWS

Employer identification number (EIN): 751867856

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 THAD COWARD 2023-07-28
002 2021-01-01 THAD COWARD 2022-06-06
002 2020-01-01 THAD COWARD 2021-05-20
002 2019-01-01 THAD COWARD 2020-06-02
002 2018-01-01 URVASHI JONES 2019-09-04
002 2017-01-01 URVASHI JONES 2018-08-15
002 2016-01-01 RICHARD RAUSSER
002 2015-01-01 RALPH VENDITTI
002 2014-01-01 SUZANNE CHOULJIAN 2015-07-24 DEBBIE RULESTEAD 2015-07-21
002 2013-01-01 SUZANNE CHOULJIAN 2014-09-08 DEBBIE RULESTEAD 2014-09-11
002 2012-01-01 DEBBIE RULESTEAD 2013-06-25
002 2011-01-01 DEBBIE RULESTEAD 2012-06-11
002 2010-01-01 DEBBIE RULESTEAD 2011-06-13
002 2009-01-01 DEBBIE RULESTEAD

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	THAD COWARD	2023-07-28
002	2021-01-01	THAD COWARD	2022-06-06
002	2020-01-01	THAD COWARD	2021-05-20
002	2019-01-01	THAD COWARD	2020-06-02
002	2018-01-01	URVASHI JONES	2019-09-04
002	2017-01-01	URVASHI JONES	2018-08-15
002	2016-01-01	RICHARD RAUSSER
002	2015-01-01	RALPH VENDITTI
002	2014-01-01	SUZANNE CHOULJIAN	2015-07-24	DEBBIE RULESTEAD	2015-07-21
002	2013-01-01	SUZANNE CHOULJIAN	2014-09-08	DEBBIE RULESTEAD	2014-09-11
002	2012-01-01	DEBBIE RULESTEAD	2013-06-25
002	2011-01-01	DEBBIE RULESTEAD	2012-06-11
002	2010-01-01	DEBBIE RULESTEAD	2011-06-13
002	2009-01-01	DEBBIE RULESTEAD

Plan Statistics for NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN

401k plan membership statisitcs for NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN

Measure Date Value
2016: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 53
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 48
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 10
Total of all active and inactive participants 2016-01-01 58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 58
Number of participants with account balances 2016-01-01 57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 2
2015: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 42
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 47
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 6
Total of all active and inactive participants 2015-01-01 53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 53
Number of participants with account balances 2015-01-01 53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 4
2009: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 39
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 2
Total of all active and inactive participants 2009-01-01 41
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 41
Number of participants with account balances 2009-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2016: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	53
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	48
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	10
Total of all active and inactive participants	2016-01-01	58
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	58
Number of participants with account balances	2016-01-01	57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	2
2015: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	42
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	47
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	6
Total of all active and inactive participants	2015-01-01	53
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	53
Number of participants with account balances	2015-01-01	53
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	4
2009: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	39
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	2
Total of all active and inactive participants	2009-01-01	41
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	41
Number of participants with account balances	2009-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN

Measure	Date	Value
2016 : NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$693,224
Expenses. Total of all expenses incurred	2016-12-31	$81,994
Benefits paid (including direct rollovers)	2016-12-31	$74,635
Total plan assets at end of year	2016-12-31	$4,045,260
Total plan assets at beginning of year	2016-12-31	$3,434,030
Value of fidelity bond covering the plan	2016-12-31	$2,050,000
Total contributions received or receivable from participants	2016-12-31	$198,054
Expenses. Other expenses not covered elsewhere	2016-12-31	$1,636
Contributions received from other sources (not participants or employers)	2016-12-31	$28,411
Other income received	2016-12-31	$303,748
Net income (gross income less expenses)	2016-12-31	$611,230
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$4,045,260
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$3,434,030
Assets. Value of participant loans	2016-12-31	$63,766
Assets. Value of employer securities	2016-12-31	$1,877,949
Total contributions received or receivable from employer(s)	2016-12-31	$163,011
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$5,723
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2015 : NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$727,740
Expenses. Total of all expenses incurred	2015-12-31	$16,703
Benefits paid (including direct rollovers)	2015-12-31	$2,403
Total plan assets at end of year	2015-12-31	$3,434,030
Total plan assets at beginning of year	2015-12-31	$2,722,993
Value of fidelity bond covering the plan	2015-12-31	$2,050,000
Total contributions received or receivable from participants	2015-12-31	$163,285
Expenses. Other expenses not covered elsewhere	2015-12-31	$1,019
Contributions received from other sources (not participants or employers)	2015-12-31	$968
Other income received	2015-12-31	$429,301
Net income (gross income less expenses)	2015-12-31	$711,037
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$3,434,030
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,722,993
Assets. Value of participant loans	2015-12-31	$54,093
Assets. Value of employer securities	2015-12-31	$1,553,392
Total contributions received or receivable from employer(s)	2015-12-31	$134,186
Value of corrective distributions	2015-12-31	$4,869
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$8,412
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
2009 : NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN

2016: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2009: NATIONAL BANK OF ANDREWS 401(K) SAVING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

93629

Policy instance

Insurance contract or identification number	93629
Number of Individuals Covered	53
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

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

Company Name:	NATIONAL BANK OF ANDREWS
Employer identification number (EIN):	751867856
NAIC Classification:	522110
NAIC Description:	Commercial Banking