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FAR EAST NATIONAL BANK 401K PLAN 401k Plan overview

Plan NameFAR EAST NATIONAL BANK 401K PLAN
Plan identification number 003

FAR EAST NATIONAL BANK 401K 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.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FAR EAST NATIONAL BANK has sponsored the creation of one or more 401k plans.

Company Name:FAR EAST NATIONAL BANK
Employer identification number (EIN):952858303
NAIC Classification:522190
NAIC Description:Other Depository Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAR EAST NATIONAL BANK 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032017-01-01JENNIFER POWELLS JENNIFER POWELLS2018-05-31
0032016-01-01YUNCY WONG YUNCY WONG2017-10-09
0032015-01-01YUNCY WONG YUNCY WONG2016-10-03
0032014-01-01Y WONG YWONG2015-10-01
0032013-01-01YUNCY WONG YUNCY WONG2014-09-25
0032012-01-01YUNCY WONG
0032011-01-01YUNCY WONG YUNCY WONG2012-09-05
0032009-01-01YUNCY WONG YUNCY WONG2010-08-11

Plan Statistics for FAR EAST NATIONAL BANK 401K PLAN

401k plan membership statisitcs for FAR EAST NATIONAL BANK 401K PLAN

Measure Date Value
2017: FAR EAST NATIONAL BANK 401K PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01417
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 benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: FAR EAST NATIONAL BANK 401K PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01407
Total number of active participants reported on line 7a of the Form 55002016-01-01196
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-01221
Total of all active and inactive participants2016-01-01417
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01417
Number of participants with account balances2016-01-01392
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0118
2015: FAR EAST NATIONAL BANK 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01498
Total number of active participants reported on line 7a of the Form 55002015-01-01210
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-01197
Total of all active and inactive participants2015-01-01407
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01407
Number of participants with account balances2015-01-01394
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0115
2014: FAR EAST NATIONAL BANK 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01529
Total number of active participants reported on line 7a of the Form 55002014-01-01296
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01202
Total of all active and inactive participants2014-01-01498
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01498
Number of participants with account balances2014-01-01386
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0113
2013: FAR EAST NATIONAL BANK 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01525
Total number of active participants reported on line 7a of the Form 55002013-01-01372
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01157
Total of all active and inactive participants2013-01-01529
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01529
Number of participants with account balances2013-01-01403
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FAR EAST NATIONAL BANK 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01548
Total number of active participants reported on line 7a of the Form 55002012-01-01392
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-01133
Total of all active and inactive participants2012-01-01525
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01525
Number of participants with account balances2012-01-01395
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-017
2011: FAR EAST NATIONAL BANK 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01530
Total number of active participants reported on line 7a of the Form 55002011-01-01425
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-01120
Total of all active and inactive participants2011-01-01545
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01545
Number of participants with account balances2011-01-01393
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-018
2009: FAR EAST NATIONAL BANK 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01562
Total number of active participants reported on line 7a of the Form 55002009-01-01340
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-01199
Total of all active and inactive participants2009-01-01539
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01539
Number of participants with account balances2009-01-01461
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0129

Financial Data on FAR EAST NATIONAL BANK 401K PLAN

Measure Date Value
2017 : FAR EAST NATIONAL BANK 401K PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-11-30$0
Total transfer of assets from this plan2017-11-30$28,725,430
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-11-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-11-30$0
Total income from all sources (including contributions)2017-11-30$5,085,517
Total loss/gain on sale of assets2017-11-30$0
Total of all expenses incurred2017-11-30$7,697,388
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-11-30$7,683,655
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-11-30$1,378,154
Value of total assets at end of year2017-11-30$0
Value of total assets at beginning of year2017-11-30$31,337,301
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-11-30$13,733
Total interest from all sources2017-11-30$638,229
Total dividends received (eg from common stock, registered investment company shares)2017-11-30$520,515
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-11-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2017-11-30$0
Total dividends received from registered investment company shares (eg mutual funds)2017-11-30$520,515
Was this plan covered by a fidelity bond2017-11-30Yes
Value of fidelity bond cover2017-11-30$4,000,000
If this is an individual account plan, was there a blackout period2017-11-30Yes
Were there any nonexempt tranactions with any party-in-interest2017-11-30No
Contributions received from participants2017-11-30$1,122,679
Participant contributions at end of year2017-11-30$0
Participant contributions at beginning of year2017-11-30$67,750
Income. Received or receivable in cash from other sources (including rollovers)2017-11-30$3,573
Other income not declared elsewhere2017-11-30$778
Administrative expenses (other) incurred2017-11-30$13,733
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-11-30No
Value of net income/loss2017-11-30$-2,611,871
Value of net assets at end of year (total assets less liabilities)2017-11-30$0
Value of net assets at beginning of year (total assets less liabilities)2017-11-30$31,337,301
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-11-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-11-30No
Were any leases to which the plan was party in default or uncollectible2017-11-30No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-11-30$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-11-30$18,730,327
Interest on participant loans2017-11-30$2,191
Interest earned on other investments2017-11-30$636,038
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-11-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-11-30$12,539,224
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-11-30$2,547,841
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-11-30No
Was there a failure to transmit to the plan any participant contributions2017-11-30No
Has the plan failed to provide any benefit when due under the plan2017-11-30No
Contributions received in cash from employer2017-11-30$251,902
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-11-30$7,683,655
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-11-30Yes
Did the plan have assets held for investment2017-11-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-11-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-11-30Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-11-30Yes
Opinion of an independent qualified public accountant for this plan2017-11-30Disclaimer
Accountancy firm name2017-11-30VASQUEZ & COMPANY LLP
Accountancy firm EIN2017-11-30330700332
2016 : FAR EAST NATIONAL BANK 401K PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
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$3,607,589
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,220,416
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,217,831
Expenses. Certain deemed distributions of participant loans2016-12-31$1,465
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,855,339
Value of total assets at end of year2016-12-31$31,337,301
Value of total assets at beginning of year2016-12-31$28,950,128
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,120
Total interest from all sources2016-12-31$320,607
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$1,203,663
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$1,203,663
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$4,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,407,254
Participant contributions at end of year2016-12-31$67,750
Participant contributions at beginning of year2016-12-31$56,484
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$76,979
Other income not declared elsewhere2016-12-31$-2,748
Administrative expenses (other) incurred2016-12-31$1,120
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$2,387,173
Value of net assets at end of year (total assets less liabilities)2016-12-31$31,337,301
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$28,950,128
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$18,730,327
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$19,105,626
Interest on participant loans2016-12-31$3,607
Interest earned on other investments2016-12-31$317,000
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$12,539,224
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$9,788,018
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$230,728
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$371,106
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,217,831
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31VASQUEZ & COMPANY LLP
Accountancy firm EIN2016-12-31330700332
2015 : FAR EAST NATIONAL BANK 401K PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$2,069,748
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,888,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,888,135
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,778,934
Value of total assets at end of year2015-12-31$28,950,128
Value of total assets at beginning of year2015-12-31$28,768,835
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$320
Total interest from all sources2015-12-31$264,919
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$1,709,247
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$1,709,247
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$4,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,407,688
Participant contributions at end of year2015-12-31$56,484
Participant contributions at beginning of year2015-12-31$43,813
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$84,569
Other income not declared elsewhere2015-12-31$1,378
Administrative expenses (other) incurred2015-12-31$320
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$181,293
Value of net assets at end of year (total assets less liabilities)2015-12-31$28,950,128
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$28,768,835
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$19,105,626
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$20,149,331
Interest on participant loans2015-12-31$1,557
Interest earned on other investments2015-12-31$263,362
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$9,788,018
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$8,575,691
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-1,684,730
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$286,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,888,135
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31VASQUEZ & COMPANY LLP
Accountancy firm EIN2015-12-31330700332
2014 : FAR EAST NATIONAL BANK 401K 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$0
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$3,553,352
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$2,748,667
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,742,089
Expenses. Certain deemed distributions of participant loans2014-12-31$372
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,793,989
Value of total assets at end of year2014-12-31$28,768,835
Value of total assets at beginning of year2014-12-31$27,964,150
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$6,206
Total interest from all sources2014-12-31$253,508
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$1,349,009
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$1,349,009
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$3,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,382,264
Participant contributions at end of year2014-12-31$43,813
Participant contributions at beginning of year2014-12-31$97,995
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$19,133
Other income not declared elsewhere2014-12-31$4,463
Administrative expenses (other) incurred2014-12-31$6,206
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$804,685
Value of net assets at end of year (total assets less liabilities)2014-12-31$28,768,835
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$27,964,150
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$20,149,331
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$19,417,232
Interest on participant loans2014-12-31$2,510
Interest earned on other investments2014-12-31$250,998
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$8,575,691
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$8,448,923
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$152,383
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$392,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$2,742,089
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 name2014-12-31WANG, POTOMAC & COMPANY
Accountancy firm EIN2014-12-31954159831
2013 : FAR EAST NATIONAL BANK 401K PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$5,700,197
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,720,625
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,710,170
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,719,139
Value of total assets at end of year2013-12-31$27,964,150
Value of total assets at beginning of year2013-12-31$23,984,578
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$10,455
Total interest from all sources2013-12-31$255,337
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$618,239
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$618,239
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$3,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,367,633
Participant contributions at end of year2013-12-31$97,995
Participant contributions at beginning of year2013-12-31$52,601
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$66,280
Other income not declared elsewhere2013-12-31$4,731
Administrative expenses (other) incurred2013-12-31$10,455
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$3,979,572
Value of net assets at end of year (total assets less liabilities)2013-12-31$27,964,150
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$23,984,578
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$19,417,232
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$15,047,480
Interest on participant loans2013-12-31$2,779
Interest earned on other investments2013-12-31$252,558
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$8,448,923
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$8,884,497
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$3,102,751
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$285,226
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,710,170
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 name2013-12-31WANG, POTOMAC & COMPANY
Accountancy firm EIN2013-12-31954159831
2012 : FAR EAST NATIONAL BANK 401K PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$4,457,194
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,196,997
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,186,862
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,165,697
Value of total assets at end of year2012-12-31$23,984,578
Value of total assets at beginning of year2012-12-31$20,724,381
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$10,135
Total interest from all sources2012-12-31$262,307
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$410,317
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$410,317
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$1,623,535
Participant contributions at end of year2012-12-31$52,601
Participant contributions at beginning of year2012-12-31$112,810
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$108,986
Other income not declared elsewhere2012-12-31$207
Administrative expenses (other) incurred2012-12-31$10,135
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$3,260,197
Value of net assets at end of year (total assets less liabilities)2012-12-31$23,984,578
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$20,724,381
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$15,047,480
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$12,544,910
Interest on participant loans2012-12-31$3,742
Interest earned on other investments2012-12-31$258,565
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$8,884,497
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$8,066,661
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,618,666
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$433,176
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,186,862
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 name2012-12-31WANG, POTOMAC & COMPANY
Accountancy firm EIN2012-12-31954159831
2011 : FAR EAST NATIONAL BANK 401K 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$1,810,132
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,478,749
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,469,714
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,073,739
Value of total assets at end of year2011-12-31$20,724,381
Value of total assets at beginning of year2011-12-31$20,392,998
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$9,035
Total interest from all sources2011-12-31$226,795
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$345,698
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$345,698
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,626,944
Participant contributions at end of year2011-12-31$112,810
Participant contributions at beginning of year2011-12-31$105,616
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$12,661
Other income not declared elsewhere2011-12-31$2,879
Administrative expenses (other) incurred2011-12-31$9,035
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$11,661
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$331,383
Value of net assets at end of year (total assets less liabilities)2011-12-31$20,724,381
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$20,392,998
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$12,544,910
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$12,921,019
Interest on participant loans2011-12-31$5,191
Interest earned on other investments2011-12-31$221,604
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$8,066,661
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$7,354,702
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-838,979
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
Contributions received in cash from employer2011-12-31$434,134
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,469,714
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 name2011-12-31WANG, POTOMAC & COMPANY
Accountancy firm EIN2011-12-31954159831
2010 : FAR EAST NATIONAL BANK 401K 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$167
Total income from all sources (including contributions)2010-12-31$4,065,443
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$1,418,819
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,367,252
Expenses. Certain deemed distributions of participant loans2010-12-31$42,717
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,144,592
Value of total assets at end of year2010-12-31$20,392,998
Value of total assets at beginning of year2010-12-31$17,746,541
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$8,850
Total interest from all sources2010-12-31$214,343
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$150,842
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$150,842
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$1,689,552
Participant contributions at end of year2010-12-31$105,616
Participant contributions at beginning of year2010-12-31$118,586
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$7,966
Other income not declared elsewhere2010-12-31$639
Administrative expenses (other) incurred2010-12-31$8,850
Liabilities. Value of operating payables at beginning of year2010-12-31$167
Total non interest bearing cash at end of year2010-12-31$11,661
Total non interest bearing cash at beginning of year2010-12-31$110,885
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$2,646,624
Value of net assets at end of year (total assets less liabilities)2010-12-31$20,392,998
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$17,746,374
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$12,921,019
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$10,669,173
Interest on participant loans2010-12-31$3,683
Interest earned on other investments2010-12-31$210,660
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$7,354,702
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$6,847,897
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,555,027
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$447,074
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,367,252
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 name2010-12-31WANG, POTOMAC & COMPANY
Accountancy firm EIN2010-12-31954159831

Form 5500 Responses for FAR EAST NATIONAL BANK 401K PLAN

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

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHZ662
Policy instance 1
Insurance contract or identification numberPHZ662
Number of Individuals Covered0
Insurance policy start date2017-01-01
Insurance policy end date2017-11-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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