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VALLEY BANK & TRUST 401(K) SAVINGS PLAN 401k Plan overview

Plan NameVALLEY BANK & TRUST 401(K) SAVINGS PLAN
Plan identification number 001

VALLEY BANK & TRUST 401(K) SAVINGS PLAN Benefits

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

VALLEY BANK & TRUST has sponsored the creation of one or more 401k plans.

Company Name:VALLEY BANK & TRUST
Employer identification number (EIN):840701004
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about VALLEY BANK & TRUST

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities
Incorporation Date: 1914-11-12
Company Identification Number: 084981

More information about VALLEY BANK & TRUST

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY BANK & TRUST 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01DEANNA HACKENBERG2021-08-19
0012020-01-01
0012020-01-01DEANNA HACKENBERG2021-08-19
0012019-01-01
0012018-01-01DEANNA HACKENBERG
0012017-01-01DEANNA HACKENBERG
0012016-01-01DEANNA HACKENBERG
0012015-01-01DEANNA HACKENBERG
0012014-01-01DEANNA HACKENBERG
0012013-01-01DEANNA HACKENBERG
0012012-01-01DEANNA HACKENBERG
0012011-01-01DEANNA HACKENBERG
0012010-01-01DEANNA HARSHMAN
0012009-01-01DEANNA HARSHMAN
0012008-01-01DEANNA HARSHMAN

Plan Statistics for VALLEY BANK & TRUST 401(K) SAVINGS PLAN

401k plan membership statisitcs for VALLEY BANK & TRUST 401(K) SAVINGS PLAN

Measure Date Value
2020: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0156
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-011
Number of participants with account balances2019-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0170
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0156
Total of all active and inactive participants2018-01-0156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0156
Number of participants with account balances2018-01-0156
2017: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0195
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0170
Total of all active and inactive participants2017-01-0170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0170
Number of participants with account balances2017-01-0170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0197
Total number of active participants reported on line 7a of the Form 55002016-01-0167
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0128
Total of all active and inactive participants2016-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0195
Number of participants with account balances2016-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0196
Total number of active participants reported on line 7a of the Form 55002015-01-0165
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0129
Total of all active and inactive participants2015-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0194
Number of participants with account balances2015-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01105
Total number of active participants reported on line 7a of the Form 55002014-01-0167
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0128
Total of all active and inactive participants2014-01-0195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0195
Number of participants with account balances2014-01-0186
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01102
Total number of active participants reported on line 7a of the Form 55002013-01-0170
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0131
Total of all active and inactive participants2013-01-01101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01101
Number of participants with account balances2013-01-0192
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-013
2012: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01114
Total number of active participants reported on line 7a of the Form 55002012-01-0176
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0121
Total of all active and inactive participants2012-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0197
Number of participants with account balances2012-01-0195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01110
Total number of active participants reported on line 7a of the Form 55002011-01-0183
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0131
Total of all active and inactive participants2011-01-01114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01114
Number of participants with account balances2011-01-01107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01123
Total number of active participants reported on line 7a of the Form 55002010-01-0181
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0126
Total of all active and inactive participants2010-01-01107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01107
Number of participants with account balances2010-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014
2009: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01124
Total number of active participants reported on line 7a of the Form 55002009-01-0193
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0128
Total of all active and inactive participants2009-01-01121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01121
Number of participants with account balances2009-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014
2008: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-01118
Total number of active participants reported on line 7a of the Form 55002008-01-01100
Number of other retired or separated participants entitled to future benefits2008-01-0124
Total of all active and inactive participants2008-01-01124
Total participants2008-01-01124
Number of participants with account balances2008-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-0110

Financial Data on VALLEY BANK & TRUST 401(K) SAVINGS PLAN

Measure Date Value
2020 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2020 401k financial data
Total income from all sources2020-02-17$107
Expenses. Total of all expenses incurred2020-02-17$4,251
Benefits paid (including direct rollovers)2020-02-17$4,166
Total plan assets at end of year2020-02-17$0
Total plan assets at beginning of year2020-02-17$4,144
Value of fidelity bond covering the plan2020-02-17$3,000,500
Expenses. Other expenses not covered elsewhere2020-02-17$85
Other income received2020-02-17$107
Net income (gross income less expenses)2020-02-17$-4,144
Net plan assets at end of year (total assets less liabilities)2020-02-17$0
Net plan assets at beginning of year (total assets less liabilities)2020-02-17$4,144
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-02-17$0
2019 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2019 401k financial data
Total income from all sources2019-12-31$485,585
Expenses. Total of all expenses incurred2019-12-31$5,195,271
Benefits paid (including direct rollovers)2019-12-31$5,140,325
Total plan assets at end of year2019-12-31$4,144
Total plan assets at beginning of year2019-12-31$4,713,830
Value of fidelity bond covering the plan2019-12-31$3,000,500
Expenses. Other expenses not covered elsewhere2019-12-31$8,717
Other income received2019-12-31$485,585
Net income (gross income less expenses)2019-12-31$-4,709,686
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,144
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$4,713,830
Value of certain deemed distributions of participant loans2019-12-31$46,229
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2018 401k financial data
Total income from all sources2018-12-31$-188,010
Expenses. Total of all expenses incurred2018-12-31$2,379,194
Benefits paid (including direct rollovers)2018-12-31$2,372,815
Total plan assets at end of year2018-12-31$4,713,830
Total plan assets at beginning of year2018-12-31$7,281,034
Value of fidelity bond covering the plan2018-12-31$3,000,500
Other income received2018-12-31$-188,010
Net income (gross income less expenses)2018-12-31$-2,567,204
Net plan assets at end of year (total assets less liabilities)2018-12-31$4,713,830
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$7,281,034
Assets. Value of participant loans2018-12-31$53,725
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$6,379
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2017 401k financial data
Total income from all sources2017-12-31$1,428,800
Expenses. Total of all expenses incurred2017-12-31$268,608
Benefits paid (including direct rollovers)2017-12-31$266,589
Total plan assets at end of year2017-12-31$7,281,034
Total plan assets at beginning of year2017-12-31$6,120,842
Value of fidelity bond covering the plan2017-12-31$3,000,500
Total contributions received or receivable from participants2017-12-31$230,626
Other income received2017-12-31$1,098,174
Net income (gross income less expenses)2017-12-31$1,160,192
Net plan assets at end of year (total assets less liabilities)2017-12-31$7,281,034
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$6,120,842
Assets. Value of participant loans2017-12-31$53,725
Total contributions received or receivable from employer(s)2017-12-31$100,000
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$2,019
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2016 401k financial data
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$717,551
Expenses. Total of all expenses incurred2016-12-31$376,722
Benefits paid (including direct rollovers)2016-12-31$371,181
Total plan assets at end of year2016-12-31$6,120,842
Total plan assets at beginning of year2016-12-31$5,780,013
Value of fidelity bond covering the plan2016-12-31$3,000,500
Total contributions received or receivable from participants2016-12-31$208,415
Other income received2016-12-31$409,136
Net income (gross income less expenses)2016-12-31$340,829
Net plan assets at end of year (total assets less liabilities)2016-12-31$6,120,842
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$5,780,013
Assets. Value of participant loans2016-12-31$71,672
Total contributions received or receivable from employer(s)2016-12-31$100,000
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$5,541
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$9,285
Total income from all sources2015-12-31$304,869
Expenses. Total of all expenses incurred2015-12-31$1,026,078
Benefits paid (including direct rollovers)2015-12-31$1,015,473
Total plan assets at end of year2015-12-31$5,780,013
Total plan assets at beginning of year2015-12-31$6,510,507
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$205,305
Other income received2015-12-31$321
Net income (gross income less expenses)2015-12-31$-721,209
Net plan assets at end of year (total assets less liabilities)2015-12-31$5,780,013
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$6,501,222
Assets. Value of participant loans2015-12-31$135,164
Total contributions received or receivable from employer(s)2015-12-31$99,243
Value of corrective distributions2015-12-31$9,285
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$1,320
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$9,285
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$664,691
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$237,632
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$212,351
Expenses. Certain deemed distributions of participant loans2014-12-31$13,520
Value of total corrective distributions2014-12-31$9,285
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$308,868
Value of total assets at end of year2014-12-31$6,510,507
Value of total assets at beginning of year2014-12-31$6,074,163
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$2,476
Total interest from all sources2014-12-31$8,453
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$76,548
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$76,548
Administrative expenses professional fees incurred2014-12-31$2,476
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
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$208,868
Participant contributions at end of year2014-12-31$177,205
Participant contributions at beginning of year2014-12-31$209,833
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$9,285
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Other income not declared elsewhere2014-12-31$663
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$427,059
Value of net assets at end of year (total assets less liabilities)2014-12-31$6,501,222
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$6,074,163
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$5,858,992
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$5,163,337
Interest on participant loans2014-12-31$8,408
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$374,310
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$680,993
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$680,993
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$45
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$270,159
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
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
Contributions received in cash from employer2014-12-31$100,000
Employer contributions (assets) at end of year2014-12-31$100,000
Employer contributions (assets) at beginning of year2014-12-31$20,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$212,351
Liabilities. Value of benefit claims payable at end of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
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)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31ANTON COLLINS MITCHELL LLP
Accountancy firm EIN2014-12-31010274563
2013 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$137,115
Total income from all sources (including contributions)2013-12-31$1,358,592
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$83,983
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$80,043
Value of total corrective distributions2013-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$305,412
Value of total assets at end of year2013-12-31$6,074,163
Value of total assets at beginning of year2013-12-31$4,936,669
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$3,940
Total interest from all sources2013-12-31$8,302
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$68,912
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$68,912
Administrative expenses professional fees incurred2013-12-31$3,940
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
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$249,338
Participant contributions at end of year2013-12-31$209,833
Participant contributions at beginning of year2013-12-31$181,827
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$36,074
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$5,540
Other income not declared elsewhere2013-12-31$1,532
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$1,274,609
Value of net assets at end of year (total assets less liabilities)2013-12-31$6,074,163
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,799,554
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$5,163,337
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$3,702,648
Interest on participant loans2013-12-31$8,248
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$680,993
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$1,032,194
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$1,032,194
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$54
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$974,434
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$20,000
Employer contributions (assets) at end of year2013-12-31$20,000
Employer contributions (assets) at beginning of year2013-12-31$20,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$80,043
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$131,575
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31ANTON COLLINS MITCHELL LLP
Accountancy firm EIN2013-12-31010274563
2012 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$137,115
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$887,260
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$603,085
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$578,714
Expenses. Certain deemed distributions of participant loans2012-12-31$13,921
Value of total corrective distributions2012-12-31$5,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$264,372
Value of total assets at end of year2012-12-31$4,936,669
Value of total assets at beginning of year2012-12-31$4,515,379
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$4,910
Total interest from all sources2012-12-31$4,881
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$72,047
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$72,047
Administrative expenses professional fees incurred2012-12-31$3,312
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$451,538
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$244,372
Participant contributions at end of year2012-12-31$181,827
Participant contributions at beginning of year2012-12-31$110,124
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$5,540
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$1,853
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$284,175
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,799,554
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,515,379
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$1,598
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$3,702,648
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,878,818
Interest on participant loans2012-12-31$4,881
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1,032,194
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$526,437
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$526,437
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$544,107
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
Contributions received in cash from employer2012-12-31$20,000
Employer contributions (assets) at end of year2012-12-31$20,000
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$578,714
Liabilities. Value of benefit claims payable at end of year2012-12-31$131,575
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$0
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31ANTON COLLINS MITCHELL LLP
Accountancy firm EIN2012-12-31010274563
2011 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$127,454
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$315,930
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$308,826
Expenses. Certain deemed distributions of participant loans2011-12-31$4,575
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$253,335
Value of total assets at end of year2011-12-31$4,515,379
Value of total assets at beginning of year2011-12-31$4,703,855
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,529
Total interest from all sources2011-12-31$5,050
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$75,640
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$75,640
Administrative expenses professional fees incurred2011-12-31$2,529
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$470,386
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$253,335
Participant contributions at end of year2011-12-31$110,124
Participant contributions at beginning of year2011-12-31$76,976
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$1,994
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-188,476
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,515,379
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,703,855
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,878,818
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,970,532
Interest on participant loans2011-12-31$4,791
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$526,437
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$571,347
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$571,347
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$259
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-208,565
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
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$85,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$308,826
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31ANTON COLLINS MITCHELL LLP
Accountancy firm EIN2011-12-31010274563
2010 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$783,055
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$300,214
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$288,664
Expenses. Certain deemed distributions of participant loans2010-12-31$11,550
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$334,283
Value of total assets at end of year2010-12-31$4,703,855
Value of total assets at beginning of year2010-12-31$4,221,014
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$0
Total interest from all sources2010-12-31$5,451
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$422,102
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$246,214
Participant contributions at end of year2010-12-31$76,976
Participant contributions at beginning of year2010-12-31$95,859
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$1,315
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$482,841
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,703,855
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$4,221,014
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,970,532
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$3,412,288
Interest on participant loans2010-12-31$5,068
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$571,347
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$651,098
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$651,098
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$383
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$443,321
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
Contributions received in cash from employer2010-12-31$86,754
Employer contributions (assets) at end of year2010-12-31$85,000
Employer contributions (assets) at beginning of year2010-12-31$61,769
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$288,664
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31DOTY,LYLE & JONES, LLC
Accountancy firm EIN2010-12-31841474373
2009 : VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for VALLEY BANK & TRUST 401(K) SAVINGS PLAN

2020: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 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: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 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: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes
2008: VALLEY BANK & TRUST 401(K) SAVINGS PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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