SOUND COMMUNITY BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,749,866 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $525,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $471,636 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,216,521 |
| Value of total assets at end of year | 2023-12-31 | $12,522,092 |
| Value of total assets at beginning of year | 2023-12-31 | $10,297,584 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $53,722 |
| Total interest from all sources | 2023-12-31 | $10,260 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $223,146 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $223,146 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $872,151 |
| Participant contributions at end of year | 2023-12-31 | $162,630 |
| Participant contributions at beginning of year | 2023-12-31 | $162,165 |
| Participant contributions at end of year | 2023-12-31 | $0 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $1,187,422 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $1,168,294 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $70,610 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $0 |
| Administrative expenses (other) incurred | 2023-12-31 | $870 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,224,508 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,522,092 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,297,584 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $10,143,368 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $7,769,288 |
| Interest on participant loans | 2023-12-31 | $10,260 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,299,939 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Assets. Invements in employer securities at end of year | 2023-12-31 | $1,028,672 |
| Assets. Invements in employer securities at beginning of year | 2023-12-31 | $1,197,837 |
| Contributions received in cash from employer | 2023-12-31 | $273,760 |
| Employer contributions (assets) at end of year | 2023-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $471,636 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2023-12-31 | 910189318 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,749,866 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $525,358 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $471,636 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,216,521 |
| Value of total assets at end of year | 2023-01-01 | $12,522,092 |
| Value of total assets at beginning of year | 2023-01-01 | $10,297,584 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $53,722 |
| Total interest from all sources | 2023-01-01 | $10,260 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $223,146 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $223,146 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $872,151 |
| Participant contributions at end of year | 2023-01-01 | $162,630 |
| Participant contributions at beginning of year | 2023-01-01 | $162,165 |
| Participant contributions at end of year | 2023-01-01 | $0 |
| Participant contributions at beginning of year | 2023-01-01 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2023-01-01 | $1,187,422 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-01-01 | $1,168,294 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $70,610 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-01-01 | $0 |
| Administrative expenses (other) incurred | 2023-01-01 | $870 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,224,508 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,522,092 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,297,584 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $10,143,368 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $7,769,288 |
| Interest on participant loans | 2023-01-01 | $10,260 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,299,939 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Assets. Invements in employer securities at end of year | 2023-01-01 | $1,028,672 |
| Assets. Invements in employer securities at beginning of year | 2023-01-01 | $1,197,837 |
| Contributions received in cash from employer | 2023-01-01 | $273,760 |
| Employer contributions (assets) at end of year | 2023-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $471,636 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2023-01-01 | 910189318 |
| 2022 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $13,529 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $998,481 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $886,202 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $68,722 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,538,728 |
| Value of total assets at end of year | 2022-12-31 | $10,297,584 |
| Value of total assets at beginning of year | 2022-12-31 | $11,282,536 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $43,557 |
| Total interest from all sources | 2022-12-31 | $8,755 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $159,371 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $159,371 |
| Administrative expenses professional fees incurred | 2022-12-31 | $43,122 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $873,543 |
| Participant contributions at end of year | 2022-12-31 | $162,165 |
| Participant contributions at beginning of year | 2022-12-31 | $226,244 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $1,168,294 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $1,287,085 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $417,412 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-984,952 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,297,584 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,282,536 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $7,769,288 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,430,790 |
| Interest on participant loans | 2022-12-31 | $8,755 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,693,325 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Assets. Invements in employer securities at end of year | 2022-12-31 | $1,197,837 |
| Assets. Invements in employer securities at beginning of year | 2022-12-31 | $1,338,417 |
| Contributions received in cash from employer | 2022-12-31 | $247,773 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $886,202 |
| Contract administrator fees | 2022-12-31 | $435 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2022-12-31 | 910189318 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $13,529 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $998,481 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $886,202 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $68,722 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,538,728 |
| Value of total assets at end of year | 2022-01-01 | $10,297,584 |
| Value of total assets at beginning of year | 2022-01-01 | $11,282,536 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $43,557 |
| Total interest from all sources | 2022-01-01 | $8,755 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $159,371 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $159,371 |
| Administrative expenses professional fees incurred | 2022-01-01 | $43,122 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $873,543 |
| Participant contributions at end of year | 2022-01-01 | $162,165 |
| Participant contributions at beginning of year | 2022-01-01 | $226,244 |
| Participant contributions at end of year | 2022-01-01 | $0 |
| Participant contributions at beginning of year | 2022-01-01 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2022-01-01 | $1,168,294 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-01-01 | $1,287,085 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $417,412 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-01-01 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-01-01 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-01-01 | $0 |
| Total non interest bearing cash at end of year | 2022-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-984,952 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,297,584 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $11,282,536 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $7,769,288 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $8,430,790 |
| Interest on participant loans | 2022-01-01 | $8,755 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,693,325 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Assets. Invements in employer securities at end of year | 2022-01-01 | $1,197,837 |
| Assets. Invements in employer securities at beginning of year | 2022-01-01 | $1,338,417 |
| Contributions received in cash from employer | 2022-01-01 | $247,773 |
| Employer contributions (assets) at end of year | 2022-01-01 | $0 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $886,202 |
| Contract administrator fees | 2022-01-01 | $435 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2022-01-01 | 910189318 |
| 2021 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,692,768 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $391,445 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $341,459 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $9,356 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,041,450 |
| Value of total assets at end of year | 2021-12-31 | $11,282,536 |
| Value of total assets at beginning of year | 2021-12-31 | $8,981,213 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $40,630 |
| Total interest from all sources | 2021-12-31 | $9,508 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $317,465 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $317,465 |
| Administrative expenses professional fees incurred | 2021-12-31 | $39,180 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $785,301 |
| Participant contributions at end of year | 2021-12-31 | $226,244 |
| Participant contributions at beginning of year | 2021-12-31 | $181,345 |
| Participant contributions at end of year | 2021-12-31 | $0 |
| Participant contributions at beginning of year | 2021-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $1,287,085 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $931,393 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $26,305 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $0 |
| Administrative expenses (other) incurred | 2021-12-31 | $1,450 |
| Total non interest bearing cash at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,301,323 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $11,282,536 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $8,981,213 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $8,430,790 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $6,655,443 |
| Interest on participant loans | 2021-12-31 | $9,508 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,324,345 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Assets. Invements in employer securities at end of year | 2021-12-31 | $1,338,417 |
| Assets. Invements in employer securities at beginning of year | 2021-12-31 | $1,213,032 |
| Contributions received in cash from employer | 2021-12-31 | $229,844 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $341,459 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2021-12-31 | 910189318 |
| 2020 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $1,773,496 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $2,182,916 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $2,132,660 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $16,183 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $961,492 |
| Value of total assets at end of year | 2020-12-31 | $8,981,213 |
| Value of total assets at beginning of year | 2020-12-31 | $9,390,633 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $34,073 |
| Total interest from all sources | 2020-12-31 | $7,698 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $163,205 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $163,205 |
| Administrative expenses professional fees incurred | 2020-12-31 | $34,061 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $709,895 |
| Participant contributions at end of year | 2020-12-31 | $181,345 |
| Participant contributions at beginning of year | 2020-12-31 | $167,317 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $931,393 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $1,448,641 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $33,079 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 2020-12-31 | $12 |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-409,420 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $8,981,213 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $9,390,633 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $6,655,443 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $6,423,049 |
| Interest on participant loans | 2020-12-31 | $7,698 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $641,101 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Assets. Invements in employer securities at end of year | 2020-12-31 | $1,213,032 |
| Assets. Invements in employer securities at beginning of year | 2020-12-31 | $1,351,626 |
| Contributions received in cash from employer | 2020-12-31 | $218,518 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $2,132,660 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2020-12-31 | 910189318 |
| 2019 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,198,776 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $305,151 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $242,241 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $26,106 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $824,986 |
| Value of total assets at end of year | 2019-12-31 | $9,390,633 |
| Value of total assets at beginning of year | 2019-12-31 | $7,497,008 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $36,804 |
| Total interest from all sources | 2019-12-31 | $7,009 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $155,485 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $155,485 |
| Administrative expenses professional fees incurred | 2019-12-31 | $35,934 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $592,422 |
| Participant contributions at end of year | 2019-12-31 | $167,317 |
| Participant contributions at beginning of year | 2019-12-31 | $167,979 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $1,448,641 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $1,125,100 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $35,256 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,893,625 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $9,390,633 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,497,008 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $6,423,049 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $4,908,016 |
| Interest on participant loans | 2019-12-31 | $7,009 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,211,296 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Assets. Invements in employer securities at end of year | 2019-12-31 | $1,351,626 |
| Assets. Invements in employer securities at beginning of year | 2019-12-31 | $1,295,913 |
| Contributions received in cash from employer | 2019-12-31 | $197,308 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $242,241 |
| Contract administrator fees | 2019-12-31 | $870 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2019-12-31 | 910189318 |
| 2018 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $2,617 |
| Total income from all sources (including contributions) | 2018-12-31 | $474,219 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $1,837,747 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $1,793,617 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $691,572 |
| Value of total assets at end of year | 2018-12-31 | $7,497,008 |
| Value of total assets at beginning of year | 2018-12-31 | $8,863,153 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $44,130 |
| Total interest from all sources | 2018-12-31 | $8,919 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $148,966 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $148,966 |
| Administrative expenses professional fees incurred | 2018-12-31 | $44,130 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $538,882 |
| Participant contributions at end of year | 2018-12-31 | $167,979 |
| Participant contributions at beginning of year | 2018-12-31 | $169,524 |
| Participant contributions at end of year | 2018-12-31 | $0 |
| Participant contributions at beginning of year | 2018-12-31 | $523 |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $1,125,100 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $1,303,681 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $29,989 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $2,617 |
| Total non interest bearing cash at end of year | 2018-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-1,363,528 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $7,497,008 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $8,860,536 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $4,908,016 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $5,552,245 |
| Interest on participant loans | 2018-12-31 | $8,919 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-375,238 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Assets. Invements in employer securities at end of year | 2018-12-31 | $1,295,913 |
| Assets. Invements in employer securities at beginning of year | 2018-12-31 | $1,835,778 |
| Contributions received in cash from employer | 2018-12-31 | $122,701 |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $1,402 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $1,793,617 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2018-12-31 | 910189318 |
| 2017 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $2,617 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $7,725 |
| Total income from all sources (including contributions) | 2017-12-31 | $1,761,950 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $98,817 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $62,813 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $657,580 |
| Value of total assets at end of year | 2017-12-31 | $8,863,153 |
| Value of total assets at beginning of year | 2017-12-31 | $7,205,128 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $36,004 |
| Total interest from all sources | 2017-12-31 | $5,654 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $115,981 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $115,981 |
| Administrative expenses professional fees incurred | 2017-12-31 | $36,004 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $490,540 |
| Participant contributions at end of year | 2017-12-31 | $169,524 |
| Participant contributions at beginning of year | 2017-12-31 | $104,267 |
| Participant contributions at end of year | 2017-12-31 | $523 |
| Participant contributions at beginning of year | 2017-12-31 | $1,356 |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $1,303,681 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $732,237 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $7,456 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $2,617 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $7,725 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,663,133 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $8,860,536 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $7,197,403 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $5,552,245 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $4,870,471 |
| Interest on participant loans | 2017-12-31 | $5,654 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $982,735 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Assets. Invements in employer securities at end of year | 2017-12-31 | $1,835,778 |
| Assets. Invements in employer securities at beginning of year | 2017-12-31 | $1,496,524 |
| Contributions received in cash from employer | 2017-12-31 | $159,584 |
| Employer contributions (assets) at end of year | 2017-12-31 | $1,402 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $273 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $62,813 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2017-12-31 | 910189318 |
| 2016 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $7,725 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| Total income from all sources (including contributions) | 2016-12-31 | $1,362,912 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $566,019 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $535,579 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $652,703 |
| Value of total assets at end of year | 2016-12-31 | $7,205,128 |
| Value of total assets at beginning of year | 2016-12-31 | $6,400,510 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $30,440 |
| Total interest from all sources | 2016-12-31 | $5,135 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $108,887 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $108,887 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $462,497 |
| Participant contributions at end of year | 2016-12-31 | $104,267 |
| Participant contributions at beginning of year | 2016-12-31 | $130,486 |
| Participant contributions at end of year | 2016-12-31 | $1,356 |
| Participant contributions at beginning of year | 2016-12-31 | $10 |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $732,237 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $664,731 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $52,608 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $7,725 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $796,893 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $7,197,403 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $6,400,510 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $4,870,471 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $4,302,577 |
| Interest on participant loans | 2016-12-31 | $5,135 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $596,187 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Assets. Invements in employer securities at end of year | 2016-12-31 | $1,496,524 |
| Assets. Invements in employer securities at beginning of year | 2016-12-31 | $1,296,913 |
| Contributions received in cash from employer | 2016-12-31 | $137,598 |
| Employer contributions (assets) at end of year | 2016-12-31 | $273 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $5,793 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $535,579 |
| Contract administrator fees | 2016-12-31 | $30,440 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | MOSS ADAMS, LLP |
| Accountancy firm EIN | 2016-12-31 | 910189318 |
| 2015 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2015 401k financial data |
|---|
| Total income from all sources | 2015-12-31 | $750,362 |
| Expenses. Total of all expenses incurred | 2015-12-31 | $726,046 |
| Benefits paid (including direct rollovers) | 2015-12-31 | $695,751 |
| Total plan assets at end of year | 2015-12-31 | $6,400,510 |
| Total plan assets at beginning of year | 2015-12-31 | $6,376,194 |
| Value of fidelity bond covering the plan | 2015-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2015-12-31 | $406,812 |
| Other income received | 2015-12-31 | $240,348 |
| Net income (gross income less expenses) | 2015-12-31 | $24,316 |
| Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $6,400,510 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $6,376,194 |
| Assets. Value of participant loans | 2015-12-31 | $130,486 |
| Assets. Value of employer securities | 2015-12-31 | $1,296,913 |
| Total contributions received or receivable from employer(s) | 2015-12-31 | $103,202 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2015-12-31 | $30,295 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| 2014 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2014 401k financial data |
|---|
| Total income from all sources | 2014-12-31 | $930,722 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $587,690 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $545,988 |
| Total plan assets at end of year | 2014-12-31 | $6,376,194 |
| Total plan assets at beginning of year | 2014-12-31 | $6,033,162 |
| Value of fidelity bond covering the plan | 2014-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2014-12-31 | $378,527 |
| Contributions received from other sources (not participants or employers) | 2014-12-31 | $2,866 |
| Other income received | 2014-12-31 | $448,594 |
| Net income (gross income less expenses) | 2014-12-31 | $343,032 |
| Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $6,376,194 |
| Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $6,033,162 |
| Assets. Value of participant loans | 2014-12-31 | $131,503 |
| Assets. Value of employer securities | 2014-12-31 | $1,171,766 |
| Total contributions received or receivable from employer(s) | 2014-12-31 | $100,735 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2014-12-31 | $41,702 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| 2013 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2013 401k financial data |
|---|
| Total income from all sources | 2013-12-31 | $1,546,375 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $186,577 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $177,513 |
| Total plan assets at end of year | 2013-12-31 | $6,033,162 |
| Total plan assets at beginning of year | 2013-12-31 | $4,673,364 |
| Value of fidelity bond covering the plan | 2013-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $329,254 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $83,867 |
| Other income received | 2013-12-31 | $1,037,228 |
| Net income (gross income less expenses) | 2013-12-31 | $1,359,798 |
| Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $6,033,162 |
| Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $4,673,364 |
| Assets. Value of participant loans | 2013-12-31 | $99,648 |
| Assets. Value of employer securities | 2013-12-31 | $1,072,187 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $96,026 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2013-12-31 | $9,064 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| 2012 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2012 401k financial data |
|---|
| Total plan liabilities at beginning of year | 2012-12-31 | $0 |
| Total income from all sources | 2012-12-31 | $994,742 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $371,395 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $359,066 |
| Total plan assets at end of year | 2012-12-31 | $4,673,364 |
| Total plan assets at beginning of year | 2012-12-31 | $4,050,017 |
| Value of fidelity bond covering the plan | 2012-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2012-12-31 | $277,427 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $106,778 |
| Other income received | 2012-12-31 | $559,801 |
| Net income (gross income less expenses) | 2012-12-31 | $623,347 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $4,673,364 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $4,050,017 |
| Assets. Value of participant loans | 2012-12-31 | $131,491 |
| Assets. Value of employer securities | 2012-12-31 | $704,163 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $50,736 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2012-12-31 | $12,329 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| 2011 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data |
|---|
| Transfers to/from the plan | 2011-12-31 | $0 |
| Total plan liabilities at end of year | 2011-12-31 | $0 |
| Total plan liabilities at beginning of year | 2011-12-31 | $71 |
| Total income from all sources | 2011-12-31 | $467,059 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $698,084 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $680,770 |
| Total plan assets at end of year | 2011-12-31 | $4,048,723 |
| Total plan assets at beginning of year | 2011-12-31 | $4,279,819 |
| Value of fidelity bond covering the plan | 2011-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $294,082 |
| Other income received | 2011-12-31 | $101,658 |
| Net income (gross income less expenses) | 2011-12-31 | $-231,025 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $4,048,723 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $4,279,748 |
| Assets. Value of participant loans | 2011-12-31 | $148,327 |
| Assets. Value of employer securities | 2011-12-31 | $420,893 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $71,319 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2011-12-31 | $17,314 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| 2010 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING PLAN 2010 401k financial data |
|---|
| Total plan liabilities at end of year | 2010-12-31 | $71 |
| Total plan liabilities at beginning of year | 2010-12-31 | $0 |
| Total income from all sources | 2010-12-31 | $1,326,551 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $659,495 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $659,495 |
| Total plan assets at end of year | 2010-12-31 | $4,279,819 |
| Total plan assets at beginning of year | 2010-12-31 | $3,612,692 |
| Value of fidelity bond covering the plan | 2010-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $331,587 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $443,419 |
| Other income received | 2010-12-31 | $455,087 |
| Net income (gross income less expenses) | 2010-12-31 | $667,056 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $4,279,748 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $3,612,692 |
| Assets. Value of participant loans | 2010-12-31 | $167,484 |
| Assets. Value of employer securities | 2010-12-31 | $305,938 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $96,458 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| 2009 : SOUND COMMUNITY BANK 401(K) PROFIT SHARING 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 |
