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BANK OF SCOTLAND RETIREMENT PLAN 401k Plan overview

Plan NameBANK OF SCOTLAND RETIREMENT PLAN
Plan identification number 003

BANK OF SCOTLAND RETIREMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LLOYDS BANK PLC has sponsored the creation of one or more 401k plans.

Company Name:LLOYDS BANK PLC
Employer identification number (EIN):133321516
NAIC Classification:522190
NAIC Description:Other Depository Credit Intermediation

Additional information about LLOYDS BANK PLC

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1293017

More information about LLOYDS BANK PLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF SCOTLAND RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032014-01-01ALEXANDRA SERNA

Plan Statistics for BANK OF SCOTLAND RETIREMENT PLAN

401k plan membership statisitcs for BANK OF SCOTLAND RETIREMENT PLAN

Measure Date Value
2014: BANK OF SCOTLAND RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01198
Total number of active participants reported on line 7a of the Form 55002014-01-0165
Number of retired or separated participants receiving benefits2014-01-019
Number of other retired or separated participants entitled to future benefits2014-01-01123
Total of all active and inactive participants2014-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010

Financial Data on BANK OF SCOTLAND RETIREMENT PLAN

Measure Date Value
2014 : BANK OF SCOTLAND RETIREMENT 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$121,289
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$148,793
Total income from all sources (including contributions)2014-12-31$9,658,090
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$480,017
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$185,006
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$7,993,000
Value of total assets at end of year2014-12-31$21,766,456
Value of total assets at beginning of year2014-12-31$12,615,887
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$295,011
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
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$0
Administrative expenses professional fees incurred2014-12-31$295,011
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$2,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$121,289
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$148,793
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$9,178,073
Value of net assets at end of year (total assets less liabilities)2014-12-31$21,645,167
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$12,467,094
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$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$0
Value of interest in master investment trust accounts at end of year2014-12-31$14,619,456
Value of interest in master investment trust accounts at beginning of year2014-12-31$12,255,887
Value of interest in common/collective trusts at end of year2014-12-31$0
Value of interest in common/collective trusts at beginning of year2014-12-31$0
Net investment gain or loss from common/collective trusts2014-12-31$1,665,090
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$7,993,000
Employer contributions (assets) at end of year2014-12-31$7,147,000
Employer contributions (assets) at beginning of year2014-12-31$360,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$185,006
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 name2014-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2014-12-31134008324

Form 5500 Responses for BANK OF SCOTLAND RETIREMENT PLAN

2014: BANK OF SCOTLAND RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes

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