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BANK OF SANTA CLARITA 401(K) PLAN 401k Plan overview

Plan NameBANK OF SANTA CLARITA 401(K) PLAN
Plan identification number 001

BANK OF SANTA CLARITA 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Stock bonus
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

BANK OF SANTA CLARITA has sponsored the creation of one or more 401k plans.

Company Name:BANK OF SANTA CLARITA
Employer identification number (EIN):201130205
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BANK OF SANTA CLARITA

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C2652110

More information about BANK OF SANTA CLARITA

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF SANTA CLARITA 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01STEPHANIE STEPHENS2015-05-28
0012013-01-01STEPHANIE STEPHENS2014-07-09
0012012-01-01STEPHANIE STEPHENS2013-07-08
0012011-01-01STEPHANIE STEPHENS2012-07-12
0012010-01-01KIMBERLY A. ALTOBELLO
0012009-01-01KIMBERLY A. ALTOBELLO
0012009-01-01KIMBERLY A. ALTOBELLO
0012009-01-01KIMBERLY A. ALTOBELLO
0012009-01-01KIMBERLY A. ALTOBELLO
0012008-01-01KIMBERLY A. ALTOBELLO

Plan Statistics for BANK OF SANTA CLARITA 401(K) PLAN

401k plan membership statisitcs for BANK OF SANTA CLARITA 401(K) PLAN

Measure Date Value
2010: BANK OF SANTA CLARITA 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0133
Total number of active participants reported on line 7a of the Form 55002010-01-0127
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-019
Total of all active and inactive participants2010-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0136
Number of participants with account balances2010-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: BANK OF SANTA CLARITA 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0129
Total number of active participants reported on line 7a of the Form 55002009-01-0124
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0131
Number of participants with account balances2009-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012
2008: BANK OF SANTA CLARITA 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0123
Total number of active participants reported on line 7a of the Form 55002008-01-0120
Number of retired or separated participants receiving benefits2008-01-010
Number of other retired or separated participants entitled to future benefits2008-01-016
Total of all active and inactive participants2008-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0126
Number of participants with account balances2008-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2008-01-014

Financial Data on BANK OF SANTA CLARITA 401(K) PLAN

Measure Date Value
2013 : BANK OF SANTA CLARITA 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$39,841
Expenses. Total of all expenses incurred2013-12-31$3,834
Benefits paid (including direct rollovers)2013-12-31$3,834
Total plan assets at end of year2013-12-31$171,624
Total plan assets at beginning of year2013-12-31$135,617
Value of fidelity bond covering the plan2013-12-31$6,000,000
Other income received2013-12-31$33,837
Net income (gross income less expenses)2013-12-31$36,007
Net plan assets at end of year (total assets less liabilities)2013-12-31$171,624
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$135,617
Assets. Value of employer securities2013-12-31$168,242
Total contributions received or receivable from employer(s)2013-12-31$6,004
2012 : BANK OF SANTA CLARITA 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$26,657
Expenses. Total of all expenses incurred2012-12-31$777
Benefits paid (including direct rollovers)2012-12-31$777
Total plan assets at end of year2012-12-31$135,617
Total plan assets at beginning of year2012-12-31$109,737
Value of fidelity bond covering the plan2012-12-31$6,000,000
Other income received2012-12-31$11,657
Net income (gross income less expenses)2012-12-31$25,880
Net plan assets at end of year (total assets less liabilities)2012-12-31$135,617
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$109,737
Assets. Value of employer securities2012-12-31$134,406
Total contributions received or receivable from employer(s)2012-12-31$15,000
2011 : BANK OF SANTA CLARITA 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$16,232
Expenses. Total of all expenses incurred2011-12-31$0
Total plan assets at end of year2011-12-31$109,737
Total plan assets at beginning of year2011-12-31$93,505
Value of fidelity bond covering the plan2011-12-31$1,000,000
Other income received2011-12-31$-13,608
Net income (gross income less expenses)2011-12-31$16,232
Net plan assets at end of year (total assets less liabilities)2011-12-31$109,737
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$93,505
Assets. Value of employer securities2011-12-31$77,940
Total contributions received or receivable from employer(s)2011-12-31$29,840
2010 : BANK OF SANTA CLARITA 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$21,384
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$93,505
Total plan assets at beginning of year2010-12-31$72,121
Value of fidelity bond covering the plan2010-12-31$1,000,000
Other income received2010-12-31$4,188
Net income (gross income less expenses)2010-12-31$21,384
Net plan assets at end of year (total assets less liabilities)2010-12-31$93,505
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$72,121
Assets. Value of employer securities2010-12-31$74,629
Total contributions received or receivable from employer(s)2010-12-31$17,196
2009 : BANK OF SANTA CLARITA 401(K) PLAN 2009 401k financial data
Total income from all sources2009-12-31$24,795
Expenses. Total of all expenses incurred2009-12-31$434
Benefits paid (including direct rollovers)2009-12-31$434
Total plan assets at end of year2009-12-31$72,121
Total plan assets at beginning of year2009-12-31$47,760
Value of fidelity bond covering the plan2009-12-31$1,000,000
Other income received2009-12-31$3,011
Net income (gross income less expenses)2009-12-31$24,361
Net plan assets at end of year (total assets less liabilities)2009-12-31$72,121
Net plan assets at beginning of year (total assets less liabilities)2009-12-31$47,760
Assets. Value of employer securities2009-12-31$70,441
Total contributions received or receivable from employer(s)2009-12-31$21,784
2008 : BANK OF SANTA CLARITA 401(K) PLAN 2008 401k financial data
Total income from all sources2008-12-31$-5,905
Expenses. Total of all expenses incurred2008-12-31$0
Total plan assets at end of year2008-12-31$47,760
Total plan assets at beginning of year2008-12-31$53,665
Value of fidelity bond covering the plan2008-12-31$1,000,000
Other income received2008-12-31$-30,350
Net income (gross income less expenses)2008-12-31$-5,905
Net plan assets at end of year (total assets less liabilities)2008-12-31$47,760
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$53,665
Assets. Value of employer securities2008-12-31$46,428
Total contributions received or receivable from employer(s)2008-12-31$24,445

Form 5500 Responses for BANK OF SANTA CLARITA 401(K) PLAN

2010: BANK OF SANTA CLARITA 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: BANK OF SANTA CLARITA 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes
2008: BANK OF SANTA CLARITA 401(K) PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planNo
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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