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VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 401k Plan overview

Plan NameVBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.
Plan identification number 001

VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. Benefits

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

401k Sponsoring company profile

VILLAGE BANK AND TRUST FINANCIAL CORP. has sponsored the creation of one or more 401k plans.

Company Name:VILLAGE BANK AND TRUST FINANCIAL CORP.
Employer identification number (EIN):161694602
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about VILLAGE BANK AND TRUST FINANCIAL CORP.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2003-01-27
Company Identification Number: 0590378
Legal Registered Office Address: 13319 MIDLOTHIAN TPKE
24TH FLOOR
MIDLOTHIAN
United States of America (USA)
23113

More information about VILLAGE BANK AND TRUST FINANCIAL CORP.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01LAURIE MILLIGAN
0012016-01-01LAURIE MILLIGAN LINDSAY CHEATHAM2017-10-16
0012015-01-01LAURIE MILLIGAN LINDSAY CHEATHAM2016-10-14
0012014-01-01BETTE J. ALBERT ROBERT R. STAPLES2015-09-15
0012013-01-01BETTE J. ALBERT ROBERT R. STAPLES2014-07-22
0012012-01-01BETTE J. ALBERT ROBERT R. STAPLES2013-08-14
0012011-01-01BETTE J. ALBERT ROBERT R. STAPLES2012-07-30
0012010-01-01BETTE J. ALBERT ROBERT R. STAPLES2011-08-12
0012009-01-01BETTE J. ALBERT ROBERT R. STAPLES2010-10-06

Plan Statistics for VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.

401k plan membership statisitcs for VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.

Measure Date Value
2023: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2023 401k membership
Total participants, beginning-of-year2023-01-01229
Total number of active participants reported on line 7a of the Form 55002023-01-01147
Number of retired or separated participants receiving benefits2023-01-012
Number of other retired or separated participants entitled to future benefits2023-01-0139
Total of all active and inactive participants2023-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01188
Number of participants with account balances2023-01-01184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0111
2022: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2022 401k membership
Total participants, beginning-of-year2022-01-01235
Total number of active participants reported on line 7a of the Form 55002022-01-01147
Number of retired or separated participants receiving benefits2022-01-015
Number of other retired or separated participants entitled to future benefits2022-01-0177
Total of all active and inactive participants2022-01-01229
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01229
Number of participants with account balances2022-01-01228
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-018
2021: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2021 401k membership
Total participants, beginning-of-year2021-01-01221
Total number of active participants reported on line 7a of the Form 55002021-01-01153
Number of retired or separated participants receiving benefits2021-01-017
Number of other retired or separated participants entitled to future benefits2021-01-0175
Total of all active and inactive participants2021-01-01235
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01235
Number of participants with account balances2021-01-01234
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-018
2020: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2020 401k membership
Total participants, beginning-of-year2020-01-01215
Total number of active participants reported on line 7a of the Form 55002020-01-01150
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0171
Total of all active and inactive participants2020-01-01221
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01221
Number of participants with account balances2020-01-01221
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2019 401k membership
Total participants, beginning-of-year2019-01-01220
Total number of active participants reported on line 7a of the Form 55002019-01-01147
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0168
Total of all active and inactive participants2019-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01215
Number of participants with account balances2019-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2018 401k membership
Total participants, beginning-of-year2018-01-01182
Total number of active participants reported on line 7a of the Form 55002018-01-01149
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0169
Total of all active and inactive participants2018-01-01219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01219
Number of participants with account balances2018-01-01217
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0113
2017: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2017 401k membership
Total participants, beginning-of-year2017-01-01203
Total number of active participants reported on line 7a of the Form 55002017-01-01170
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0112
Total of all active and inactive participants2017-01-01182
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01182
Number of participants with account balances2017-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2016 401k membership
Total participants, beginning-of-year2016-01-01195
Total number of active participants reported on line 7a of the Form 55002016-01-01170
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0133
Total of all active and inactive participants2016-01-01203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01203
Number of participants with account balances2016-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2015 401k membership
Total participants, beginning-of-year2015-01-01201
Total number of active participants reported on line 7a of the Form 55002015-01-01165
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0129
Total of all active and inactive participants2015-01-01195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01195
Number of participants with account balances2015-01-01157
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-018
2014: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2014 401k membership
Total participants, beginning-of-year2014-01-01209
Total number of active participants reported on line 7a of the Form 55002014-01-01179
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-0114
Total of all active and inactive participants2014-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01196
Number of participants with account balances2014-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0114
2013: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2013 401k membership
Total participants, beginning-of-year2013-01-01210
Total number of active participants reported on line 7a of the Form 55002013-01-01189
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0113
Total of all active and inactive participants2013-01-01202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01202
Number of participants with account balances2013-01-01158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-018
2012: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2012 401k membership
Total participants, beginning-of-year2012-01-01206
Total number of active participants reported on line 7a of the Form 55002012-01-01195
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-01202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01202
Number of participants with account balances2012-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-016
2011: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2011 401k membership
Total participants, beginning-of-year2011-01-01211
Total number of active participants reported on line 7a of the Form 55002011-01-01193
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-018
Total of all active and inactive participants2011-01-01201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01201
Number of participants with account balances2011-01-01140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2010 401k membership
Total participants, beginning-of-year2010-01-01206
Total number of active participants reported on line 7a of the Form 55002010-01-01198
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-01203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01203
Number of participants with account balances2010-01-01145
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2009 401k membership
Total participants, beginning-of-year2009-01-01173
Total number of active participants reported on line 7a of the Form 55002009-01-01180
Number of retired or separated participants receiving benefits2009-01-013
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01191
Number of participants with account balances2009-01-01148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.

Measure Date Value
2023 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$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$3,514,505
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$1,049,399
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$950,761
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,475,884
Value of total assets at end of year2023-12-31$16,409,951
Value of total assets at beginning of year2023-12-31$13,944,845
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$98,638
Total interest from all sources2023-12-31$14,826
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$90,472
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2023-12-31$90,472
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$5,000,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Contributions received from participants2023-12-31$1,048,253
Participant contributions at end of year2023-12-31$289,967
Participant contributions at beginning of year2023-12-31$288,369
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$33,904
Other income not declared elsewhere2023-12-31$184
Administrative expenses (other) incurred2023-12-31$350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$2,465,106
Value of net assets at end of year (total assets less liabilities)2023-12-31$16,409,951
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$13,944,845
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$34,777
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$3,462,089
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$3,551,106
Interest on participant loans2023-12-31$14,800
Interest earned on other investments2023-12-31$26
Value of interest in common/collective trusts at end of year2023-12-31$12,657,895
Value of interest in common/collective trusts at beginning of year2023-12-31$10,105,370
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$281,428
Net investment gain or loss from common/collective trusts2023-12-31$1,651,711
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$393,727
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$950,761
Contract administrator fees2023-12-31$63,511
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2023-12-31541149263
2022 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-533,698
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$715,757
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$624,581
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,790,972
Value of total assets at end of year2022-12-31$13,944,845
Value of total assets at beginning of year2022-12-31$15,194,300
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$91,176
Total interest from all sources2022-12-31$11,281
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$260,063
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$260,063
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$5,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,033,316
Participant contributions at end of year2022-12-31$288,369
Participant contributions at beginning of year2022-12-31$261,967
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$95,119
Other income not declared elsewhere2022-12-31$231
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,249,455
Value of net assets at end of year (total assets less liabilities)2022-12-31$13,944,845
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$15,194,300
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$91,176
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$3,551,106
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$14,175,693
Interest on participant loans2022-12-31$11,281
Value of interest in common/collective trusts at end of year2022-12-31$10,105,370
Value of interest in common/collective trusts at beginning of year2022-12-31$756,640
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,313,768
Net investment gain or loss from common/collective trusts2022-12-31$-282,477
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$662,537
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$624,581
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2022-12-31541149263
2021 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$3,626,541
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$390,889
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$301,947
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,722,430
Value of total assets at end of year2021-12-31$15,194,300
Value of total assets at beginning of year2021-12-31$11,958,648
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$88,942
Total interest from all sources2021-12-31$10,956
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$404,405
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$404,405
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$5,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,050,881
Participant contributions at end of year2021-12-31$261,967
Participant contributions at beginning of year2021-12-31$245,871
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$3,043
Other income not declared elsewhere2021-12-31$59
Administrative expenses (other) incurred2021-12-31$88,942
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,235,652
Value of net assets at end of year (total assets less liabilities)2021-12-31$15,194,300
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$11,958,648
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$14,175,693
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$11,270,460
Interest on participant loans2021-12-31$10,956
Value of interest in common/collective trusts at end of year2021-12-31$756,640
Value of interest in common/collective trusts at beginning of year2021-12-31$442,317
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,450,008
Net investment gain or loss from common/collective trusts2021-12-31$38,683
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$668,506
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$301,947
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2021-12-31541149263
2020 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$276,907
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$2,031
Total income from all sources (including contributions)2020-12-31$2,486,859
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$575,640
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$537,012
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,435,776
Value of total assets at end of year2020-12-31$11,958,648
Value of total assets at beginning of year2020-12-31$9,772,553
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$38,628
Total interest from all sources2020-12-31$5,486
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$232,700
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$232,700
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$5,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,010,426
Participant contributions at end of year2020-12-31$245,871
Participant contributions at beginning of year2020-12-31$248,055
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$17,452
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$2,031
Other income not declared elsewhere2020-12-31$-1,373
Administrative expenses (other) incurred2020-12-31$38,628
Total non interest bearing cash at beginning of year2020-12-31$2,031
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,911,219
Value of net assets at end of year (total assets less liabilities)2020-12-31$11,958,648
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$9,770,522
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$11,270,460
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$6,657,806
Interest on participant loans2020-12-31$5,486
Value of interest in common/collective trusts at end of year2020-12-31$442,317
Value of interest in common/collective trusts at beginning of year2020-12-31$2,607,331
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$800,321
Net investment gain or loss from common/collective trusts2020-12-31$13,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at beginning of year2020-12-31$257,330
Contributions received in cash from employer2020-12-31$407,898
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$537,012
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2020-12-31541149263
2019 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$2,031
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$34,854
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$34,854
Total income from all sources (including contributions)2019-12-31$2,961,580
Total income from all sources (including contributions)2019-12-31$2,961,580
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,016,434
Total of all expenses incurred2019-12-31$1,016,434
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$998,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$998,175
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,320,870
Value of total assets at end of year2019-12-31$9,772,553
Value of total assets at end of year2019-12-31$9,772,553
Value of total assets at beginning of year2019-12-31$7,860,230
Value of total assets at beginning of year2019-12-31$7,860,230
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$18,259
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$18,259
Total interest from all sources2019-12-31$9,741
Total interest from all sources2019-12-31$9,741
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$283,442
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$283,442
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$283,442
Administrative expenses professional fees incurred2019-12-31$4,354
Administrative expenses professional fees incurred2019-12-31$4,354
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$5,000,000
Value of fidelity bond cover2019-12-31$5,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$842,744
Contributions received from participants2019-12-31$842,744
Participant contributions at end of year2019-12-31$248,055
Participant contributions at end of year2019-12-31$248,055
Participant contributions at beginning of year2019-12-31$164,450
Participant contributions at beginning of year2019-12-31$164,450
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$136,810
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$136,810
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$39
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$39
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$2,031
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$2,031
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$34,854
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$34,854
Total non interest bearing cash at end of year2019-12-31$2,031
Total non interest bearing cash at end of year2019-12-31$2,031
Total non interest bearing cash at beginning of year2019-12-31$34,848
Total non interest bearing cash at beginning of year2019-12-31$34,848
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,945,146
Value of net income/loss2019-12-31$1,945,146
Value of net assets at end of year (total assets less liabilities)2019-12-31$9,770,522
Value of net assets at end of year (total assets less liabilities)2019-12-31$9,770,522
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,825,376
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,825,376
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$13,905
Investment advisory and management fees2019-12-31$13,905
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$6,657,806
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$6,657,806
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$5,311,751
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$5,311,751
Interest on participant loans2019-12-31$9,741
Interest on participant loans2019-12-31$9,741
Value of interest in common/collective trusts at end of year2019-12-31$2,607,331
Value of interest in common/collective trusts at end of year2019-12-31$2,607,331
Value of interest in common/collective trusts at beginning of year2019-12-31$2,175,761
Value of interest in common/collective trusts at beginning of year2019-12-31$2,175,761
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,102,527
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,102,527
Net investment gain or loss from common/collective trusts2019-12-31$245,000
Net investment gain or loss from common/collective trusts2019-12-31$245,000
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$257,330
Assets. Invements in employer securities at end of year2019-12-31$257,330
Assets. Invements in employer securities at beginning of year2019-12-31$173,381
Assets. Invements in employer securities at beginning of year2019-12-31$173,381
Contributions received in cash from employer2019-12-31$341,316
Contributions received in cash from employer2019-12-31$341,316
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$998,175
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$998,175
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm name2019-12-31YOUNT, HYDE, BARBOUR, P.C.
Accountancy firm EIN2019-12-31541149263
Accountancy firm EIN2019-12-31541149263
2018 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$34,854
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$661,813
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,307,652
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,289,834
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,122,156
Value of total assets at end of year2018-12-31$7,860,230
Value of total assets at beginning of year2018-12-31$8,471,215
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$17,818
Total interest from all sources2018-12-31$4,582
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$373,656
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$373,656
Administrative expenses professional fees incurred2018-12-31$17,818
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$749,801
Participant contributions at end of year2018-12-31$164,450
Participant contributions at beginning of year2018-12-31$109,350
Participant contributions at beginning of year2018-12-31$22,676
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$60,835
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$39
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$34,854
Total non interest bearing cash at end of year2018-12-31$34,848
Total non interest bearing cash at beginning of year2018-12-31$34,067
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-645,839
Value of net assets at end of year (total assets less liabilities)2018-12-31$7,825,376
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$8,471,215
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$5,311,751
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$7,325,551
Income. Interest from loans (other than to participants)2018-12-31$4,582
Value of interest in common/collective trusts at end of year2018-12-31$2,175,761
Value of interest in common/collective trusts at beginning of year2018-12-31$781,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-769,082
Net investment gain or loss from common/collective trusts2018-12-31$-69,499
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$173,381
Assets. Invements in employer securities at beginning of year2018-12-31$188,039
Contributions received in cash from employer2018-12-31$311,520
Employer contributions (assets) at beginning of year2018-12-31$10,081
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,289,834
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31YOUNT,HYDE,BARBOUR,P.C.
Accountancy firm EIN2018-12-31541149263
2017 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,477,126
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$1,398,351
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,382,421
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,223,938
Value of total assets at end of year2017-12-31$8,471,215
Value of total assets at beginning of year2017-12-31$7,392,440
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$15,930
Total interest from all sources2017-12-31$4,047
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$352,758
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$352,758
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
If this is an individual account plan, was there a blackout period2017-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$741,084
Participant contributions at end of year2017-12-31$109,350
Participant contributions at beginning of year2017-12-31$66,268
Participant contributions at end of year2017-12-31$22,676
Participant contributions at beginning of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$146,355
Administrative expenses (other) incurred2017-12-31$3,754
Total non interest bearing cash at end of year2017-12-31$34,067
Total non interest bearing cash at beginning of year2017-12-31$25,108
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,078,775
Value of net assets at end of year (total assets less liabilities)2017-12-31$8,471,215
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$7,392,440
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$7,325,551
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$6,261,813
Interest on participant loans2017-12-31$4,047
Value of interest in common/collective trusts at end of year2017-12-31$781,451
Value of interest in common/collective trusts at beginning of year2017-12-31$927,065
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$879,364
Net investment gain or loss from common/collective trusts2017-12-31$17,019
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$188,039
Assets. Invements in employer securities at beginning of year2017-12-31$112,186
Contributions received in cash from employer2017-12-31$336,499
Employer contributions (assets) at end of year2017-12-31$10,081
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,382,421
Contract administrator fees2017-12-31$12,176
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31Yes
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BDO USA, LLP
Accountancy firm EIN2017-12-31135381590
2016 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$28,664
Total unrealized appreciation/depreciation of assets2016-12-31$28,664
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$1,476,907
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$593,689
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$578,963
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$982,339
Value of total assets at end of year2016-12-31$7,392,440
Value of total assets at beginning of year2016-12-31$6,509,222
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$14,726
Total interest from all sources2016-12-31$820
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$192,794
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$192,794
Administrative expenses professional fees incurred2016-12-31$3,426
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
If this is an individual account plan, was there a blackout period2016-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$651,637
Participant contributions at end of year2016-12-31$66,268
Participant contributions at beginning of year2016-12-31$19,563
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$165,399
Other income not declared elsewhere2016-12-31$1,375
Total non interest bearing cash at end of year2016-12-31$25,108
Total non interest bearing cash at beginning of year2016-12-31$21,458
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$883,218
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,392,440
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$6,509,222
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
Investment advisory and management fees2016-12-31$11,300
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$6,261,813
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$5,768,729
Interest on participant loans2016-12-31$820
Value of interest in common/collective trusts at end of year2016-12-31$927,065
Value of interest in common/collective trusts at beginning of year2016-12-31$627,698
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$194,238
Net investment gain or loss from common/collective trusts2016-12-31$76,677
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
Assets. Invements in employer securities at end of year2016-12-31$112,186
Assets. Invements in employer securities at beginning of year2016-12-31$71,774
Contributions received in cash from employer2016-12-31$165,303
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$578,963
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31Yes
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BDO USA, LLP
Accountancy firm EIN2016-12-31135381590
2015 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-8,095
Total unrealized appreciation/depreciation of assets2015-12-31$-8,095
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$705,633
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$325,373
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$307,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$784,463
Value of total assets at end of year2015-12-31$6,509,222
Value of total assets at beginning of year2015-12-31$6,128,962
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$17,444
Total interest from all sources2015-12-31$844
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$321,056
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$321,056
Administrative expenses professional fees incurred2015-12-31$3,147
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$5,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$618,557
Participant contributions at end of year2015-12-31$19,563
Participant contributions at beginning of year2015-12-31$28,436
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$6,386
Other income not declared elsewhere2015-12-31$294
Total non interest bearing cash at end of year2015-12-31$21,458
Total non interest bearing cash at beginning of year2015-12-31$26,593
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$380,260
Value of net assets at end of year (total assets less liabilities)2015-12-31$6,509,222
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$6,128,962
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
Investment advisory and management fees2015-12-31$14,297
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$5,768,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$5,850,757
Interest on participant loans2015-12-31$844
Value of interest in common/collective trusts at end of year2015-12-31$627,698
Value of interest in common/collective trusts at beginning of year2015-12-31$162,503
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-397,166
Net investment gain or loss from common/collective trusts2015-12-31$4,237
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
Assets. Invements in employer securities at end of year2015-12-31$71,774
Assets. Invements in employer securities at beginning of year2015-12-31$60,673
Contributions received in cash from employer2015-12-31$159,520
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$307,929
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 name2015-12-31BDO USA, LLP
Accountancy firm EIN2015-12-31135381590
2014 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 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$1,011,434
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$659,805
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$645,665
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$721,202
Value of total assets at end of year2014-12-31$6,128,962
Value of total assets at beginning of year2014-12-31$5,777,333
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$14,140
Total interest from all sources2014-12-31$1,125
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$311,480
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$311,480
Administrative expenses professional fees incurred2014-12-31$2,869
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$5,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$568,218
Participant contributions at end of year2014-12-31$28,436
Participant contributions at beginning of year2014-12-31$23,179
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$3,321
Other income not declared elsewhere2014-12-31$233
Total non interest bearing cash at end of year2014-12-31$26,593
Total non interest bearing cash at beginning of year2014-12-31$22,155
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$351,629
Value of net assets at end of year (total assets less liabilities)2014-12-31$6,128,962
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$5,777,333
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
Investment advisory and management fees2014-12-31$10,351
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$5,850,757
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$5,561,649
Interest on participant loans2014-12-31$1,125
Value of interest in common/collective trusts at end of year2014-12-31$162,503
Value of interest in common/collective trusts at beginning of year2014-12-31$121,651
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-31,447
Net investment gain or loss from common/collective trusts2014-12-31$8,841
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
Assets. Invements in employer securities at end of year2014-12-31$60,673
Assets. Invements in employer securities at beginning of year2014-12-31$48,699
Contributions received in cash from employer2014-12-31$149,663
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$645,665
Contract administrator fees2014-12-31$920
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 name2014-12-31BDO USA, LLP
Accountancy firm EIN2014-12-31135381590
2013 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 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$1,737,712
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$382,678
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$370,426
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$799,486
Value of total assets at end of year2013-12-31$5,777,333
Value of total assets at beginning of year2013-12-31$4,422,299
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$12,252
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$149,802
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$149,802
Administrative expenses professional fees incurred2013-12-31$2,882
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$5,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$602,852
Participant contributions at end of year2013-12-31$23,179
Participant contributions at beginning of year2013-12-31$7,003
Participant contributions at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$36,954
Total non interest bearing cash at end of year2013-12-31$22,155
Total non interest bearing cash at beginning of year2013-12-31$24,438
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,355,034
Value of net assets at end of year (total assets less liabilities)2013-12-31$5,777,333
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,422,299
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
Investment advisory and management fees2013-12-31$8,770
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$5,561,649
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,238,897
Value of interest in common/collective trusts at end of year2013-12-31$121,651
Value of interest in common/collective trusts at beginning of year2013-12-31$117,028
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$791,011
Net investment gain or loss from common/collective trusts2013-12-31$-2,587
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
Assets. Invements in employer securities at end of year2013-12-31$48,699
Assets. Invements in employer securities at beginning of year2013-12-31$34,933
Contributions received in cash from employer2013-12-31$159,680
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$370,426
Contract administrator fees2013-12-31$600
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 name2013-12-31BDO USA, LLP
Accountancy firm EIN2013-12-31135381590
2012 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 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$1,130,242
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$186,403
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$175,564
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$638,752
Value of total assets at end of year2012-12-31$4,422,299
Value of total assets at beginning of year2012-12-31$3,478,460
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$10,839
Total interest from all sources2012-12-31$363
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$98,671
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$98,671
Administrative expenses professional fees incurred2012-12-31$3,670
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$490,283
Participant contributions at end of year2012-12-31$7,003
Participant contributions at beginning of year2012-12-31$9,285
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$16,601
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$148,469
Total non interest bearing cash at end of year2012-12-31$24,438
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$943,839
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,422,299
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$3,478,460
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$7,169
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,238,897
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$3,288,886
Interest on participant loans2012-12-31$363
Value of interest in common/collective trusts at end of year2012-12-31$117,028
Value of interest in common/collective trusts at beginning of year2012-12-31$109,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$19,711
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$19,711
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$390,065
Net investment gain or loss from common/collective trusts2012-12-31$2,391
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
Assets. Invements in employer securities at end of year2012-12-31$34,933
Assets. Invements in employer securities at beginning of year2012-12-31$34,257
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$175,564
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BDO USA, LLP
Accountancy firm EIN2012-12-31135381590
2011 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-12,191
Total unrealized appreciation/depreciation of assets2011-12-31$-12,191
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$446,769
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$153,955
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$144,313
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$510,255
Value of total assets at end of year2011-12-31$3,478,460
Value of total assets at beginning of year2011-12-31$3,185,646
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$9,642
Total interest from all sources2011-12-31$360
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$58,166
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$58,166
Administrative expenses professional fees incurred2011-12-31$3,631
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 period2011-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$510,255
Participant contributions at end of year2011-12-31$9,285
Participant contributions at beginning of year2011-12-31$1,397
Participant contributions at end of year2011-12-31$16,601
Participant contributions at beginning of year2011-12-31$15,953
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$292,814
Value of net assets at end of year (total assets less liabilities)2011-12-31$3,478,460
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$3,185,646
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
Investment advisory and management fees2011-12-31$6,011
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$3,288,886
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$3,021,092
Interest on participant loans2011-12-31$360
Value of interest in common/collective trusts at end of year2011-12-31$109,720
Value of interest in common/collective trusts at beginning of year2011-12-31$115,194
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$19,711
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$1,089
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$1,089
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-116,279
Net investment gain or loss from common/collective trusts2011-12-31$6,458
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
Assets. Invements in employer securities at end of year2011-12-31$34,257
Assets. Invements in employer securities at beginning of year2011-12-31$30,921
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$144,313
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31Yes
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31BDO USA, LLP
Accountancy firm EIN2011-12-31135381590
2010 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$-17,364
Total unrealized appreciation/depreciation of assets2010-12-31$-17,364
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$877,526
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$336,989
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$328,111
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$520,501
Value of total assets at end of year2010-12-31$3,185,646
Value of total assets at beginning of year2010-12-31$2,645,109
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$8,878
Total interest from all sources2010-12-31$177
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$55,917
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$55,917
Administrative expenses professional fees incurred2010-12-31$4,110
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$485,300
Participant contributions at end of year2010-12-31$1,397
Participant contributions at beginning of year2010-12-31$2,578
Participant contributions at end of year2010-12-31$15,953
Participant contributions at beginning of year2010-12-31$12,171
Assets. Other investments not covered elsewhere at end of year2010-12-31$30,921
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$36,667
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$35,201
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$540,537
Value of net assets at end of year (total assets less liabilities)2010-12-31$3,185,646
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$2,645,109
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
Investment advisory and management fees2010-12-31$4,768
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$3,021,092
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$2,341,585
Interest on participant loans2010-12-31$172
Value of interest in common/collective trusts at end of year2010-12-31$115,194
Value of interest in common/collective trusts at beginning of year2010-12-31$250,172
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$1,089
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,936
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,936
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$5
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$302,499
Net investment gain or loss from common/collective trusts2010-12-31$15,796
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
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$328,111
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)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31BDO USA, LLP
Accountancy firm EIN2010-12-31135381590
2009 : VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP.

2023: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: VBA DEFINED CONTRIBUTION PLAN FOR VILLAGE BANK AND TRUST FINANCIAL CORP. 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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