401k Plan data: FARMERS STATE BANK 401(K) PROFIT SHARING PLAN plan

FARMERS STATE BANK 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	FARMERS STATE BANK 401(K) PROFIT SHARING PLAN
Plan identification number	002

FARMERS STATE BANK 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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).
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

FARMERS STATE BANK has sponsored the creation of one or more 401k plans.

Company Name: FARMERS STATE BANK

Employer identification number (EIN): 340214510

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about FARMERS STATE BANK

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division

Incorporation Date: 1990-12-12

Company Identification Number: 786003

Legal Registered Office Address: -
-
-
United States of America (USA)
-

More information about FARMERS STATE BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 CHRISTINA COPLEY 2024-09-18 CHRISTINA COPLEY 2024-09-18
002 2022-01-01 CHRISTINA COPLEY 2023-07-17
002 2021-01-01 CHRISTINA COPLEY 2022-10-12
002 2020-01-01 CRYSTAL GIBBS 2021-08-18
002 2019-01-01 CRYSTAL GIBBS 2020-10-09
002 2018-01-01 CRYSTAL GIBBS 2019-10-07
002 2017-01-01 CRYSTAL GIBBS 2018-10-05
002 2016-01-01 CRYSTAL GIBBS 2017-10-16
002 2015-01-01 CRYSTAL GIBBS 2016-09-16
002 2014-01-01 CRYSTAL GIBBS 2015-07-17
002 2013-01-01 CRYSTAL GIBBS 2014-09-24
002 2012-01-01 CRYSTAL GIBBS 2013-10-02
002 2011-01-01 CRYSTAL GIBBS
002 2010-01-01 CRYSTAL GIBBS 2011-09-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	CHRISTINA COPLEY	2024-09-18	CHRISTINA COPLEY	2024-09-18
002	2022-01-01	CHRISTINA COPLEY	2023-07-17
002	2021-01-01	CHRISTINA COPLEY	2022-10-12
002	2020-01-01	CRYSTAL GIBBS	2021-08-18
002	2019-01-01	CRYSTAL GIBBS	2020-10-09
002	2018-01-01	CRYSTAL GIBBS	2019-10-07
002	2017-01-01	CRYSTAL GIBBS	2018-10-05
002	2016-01-01	CRYSTAL GIBBS	2017-10-16
002	2015-01-01	CRYSTAL GIBBS	2016-09-16
002	2014-01-01	CRYSTAL GIBBS	2015-07-17
002	2013-01-01	CRYSTAL GIBBS	2014-09-24
002	2012-01-01	CRYSTAL GIBBS	2013-10-02
002	2011-01-01	CRYSTAL GIBBS
002	2010-01-01	CRYSTAL GIBBS	2011-09-23

Plan Statistics for FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

Measure Date Value
2011: FARMERS STATE BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 36
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 11
Total of all active and inactive participants 2011-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 47
Number of participants with account balances 2011-01-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2011: FARMERS STATE BANK 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	36
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	11
Total of all active and inactive participants	2011-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	47
Number of participants with account balances	2011-01-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2011 : FARMERS STATE BANK 401(K) PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$616,901
Total income from all sources	2011-12-31	$263,752
Expenses. Total of all expenses incurred	2011-12-31	$62,546
Benefits paid (including direct rollovers)	2011-12-31	$39,679
Total plan assets at end of year	2011-12-31	$1,953,149
Total plan assets at beginning of year	2011-12-31	$1,135,042
Value of fidelity bond covering the plan	2011-12-31	$1,800,000
Total contributions received or receivable from participants	2011-12-31	$57,186
Other income received	2011-12-31	$87,119
Net income (gross income less expenses)	2011-12-31	$201,206
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,953,149
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,135,042
Assets. Value of participant loans	2011-12-31	$6,991
Assets. Value of employer securities	2011-12-31	$676,882
Total contributions received or receivable from employer(s)	2011-12-31	$119,447
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$22,867
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0

Form 5500 Responses for FARMERS STATE BANK 401(K) PROFIT SHARING PLAN

2011: FARMERS STATE BANK 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

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Company Name:	FARMERS STATE BANK
Employer identification number (EIN):	340214510
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	1990-12-12
Company Identification Number:	786003
Legal Registered Office Address:	- - - United States of America (USA) -