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FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 401k Plan overview

Plan NameFARMERS STATE BANK EMPLOYEES' 401(K) PLAN
Plan identification number 002

FARMERS STATE BANK EMPLOYEES' 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

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

Company Name:FARMERS STATE BANK
Employer identification number (EIN):350303690
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FARMERS STATE BANK EMPLOYEES' 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01STACY MERRIFIELD
0022016-01-01STACY MERRIFIELD
0022015-01-01STACY MERRIFIELD
0022014-01-01JOSEPH URBANSKI
0022013-01-01JOSEPH URBANSKI
0022012-01-01JOSEPH URBANSKI
0022011-01-01JOSEPH URBANSKI
0022010-01-01JOSEPH URBANSKI JOSEPH URBANSKI2011-10-17
0022009-01-01JOSEPH URBANSKI JOSEPH URBANSKI2010-10-15

Plan Statistics for FARMERS STATE BANK EMPLOYEES' 401(K) PLAN

401k plan membership statisitcs for FARMERS STATE BANK EMPLOYEES' 401(K) PLAN

Measure Date Value
2023: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01175
Total number of active participants reported on line 7a of the Form 55002023-01-01149
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0150
Total of all active and inactive participants2023-01-01199
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-011
Total participants2023-01-01200
Number of participants with account balances2023-01-01167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01212
Total number of active participants reported on line 7a of the Form 55002022-01-01164
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0151
Total of all active and inactive participants2022-01-01215
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01216
Number of participants with account balances2022-01-01175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-015
2021: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01195
Total number of active participants reported on line 7a of the Form 55002021-01-01155
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0152
Total of all active and inactive participants2021-01-01207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01207
Number of participants with account balances2021-01-01175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01194
Total number of active participants reported on line 7a of the Form 55002020-01-01139
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0156
Total of all active and inactive participants2020-01-01195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01195
Number of participants with account balances2020-01-01179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-014
2019: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01191
Total number of active participants reported on line 7a of the Form 55002019-01-01149
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0144
Total of all active and inactive participants2019-01-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-01194
Number of participants with account balances2019-01-01179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-018
2018: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01178
Total number of active participants reported on line 7a of the Form 55002018-01-01151
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0138
Total of all active and inactive participants2018-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01191
Number of participants with account balances2018-01-01178
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01185
Total number of active participants reported on line 7a of the Form 55002017-01-01138
Number of retired or separated participants receiving benefits2017-01-0140
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-01178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01178
Number of participants with account balances2017-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01158
Total number of active participants reported on line 7a of the Form 55002016-01-01146
Number of retired or separated participants receiving benefits2016-01-0139
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-01185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01185
Number of participants with account balances2016-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01162
Total number of active participants reported on line 7a of the Form 55002015-01-01122
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0134
Total of all active and inactive participants2015-01-01157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01158
Number of participants with account balances2015-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-019
2014: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01164
Total number of active participants reported on line 7a of the Form 55002014-01-01138
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01162
Number of participants with account balances2014-01-01152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01164
Total number of active participants reported on line 7a of the Form 55002013-01-01142
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0122
Total of all active and inactive participants2013-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01164
Number of participants with account balances2013-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-014
2012: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01166
Total number of active participants reported on line 7a of the Form 55002012-01-01144
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0120
Total of all active and inactive participants2012-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01164
Number of participants with account balances2012-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01172
Total number of active participants reported on line 7a of the Form 55002011-01-01144
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0121
Total of all active and inactive participants2011-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01166
Number of participants with account balances2011-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01174
Total number of active participants reported on line 7a of the Form 55002010-01-01154
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-0117
Total of all active and inactive participants2010-01-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01172
Number of participants with account balances2010-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014
2009: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01171
Total number of active participants reported on line 7a of the Form 55002009-01-01156
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0111
Total of all active and inactive participants2009-01-01167
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01167
Number of participants with account balances2009-01-01151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on FARMERS STATE BANK EMPLOYEES' 401(K) PLAN

Measure Date Value
2023 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2023 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2023-12-31$-217
Total unrealized appreciation/depreciation of assets2023-12-31$-217
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$3,575,073
Total loss/gain on sale of assets2023-12-31$77,636
Total of all expenses incurred2023-12-31$1,355,203
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$1,298,617
Expenses. Certain deemed distributions of participant loans2023-12-31$14,246
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$973,140
Value of total assets at end of year2023-12-31$15,631,773
Value of total assets at beginning of year2023-12-31$13,411,903
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$42,340
Total interest from all sources2023-12-31$9,480
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$311,617
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$311,617
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$1,000,000
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$648,576
Participant contributions at end of year2023-12-31$177,735
Participant contributions at beginning of year2023-12-31$168,085
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$2,219,870
Value of net assets at end of year (total assets less liabilities)2023-12-31$15,631,773
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$13,411,903
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$14,505,182
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$11,278,569
Interest on participant loans2023-12-31$9,480
Value of interest in common/collective trusts at end of year2023-12-31$948,847
Value of interest in common/collective trusts at beginning of year2023-12-31$1,965,022
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$9
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$227
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$227
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$2,178,312
Net investment gain or loss from common/collective trusts2023-12-31$25,105
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 contributions2023-12-31Yes
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Assets. Invements in employer securities at end of year2023-12-31$0
Assets. Invements in employer securities at beginning of year2023-12-31$0
Contributions received in cash from employer2023-12-31$324,564
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$1,298,617
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
Aggregate proceeds on sale of assets2023-12-31$77,636
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2023-12-31351307701
2022 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$214
Total unrealized appreciation/depreciation of assets2022-12-31$214
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$0
Total income from all sources (including contributions)2022-12-31$-1,437,656
Total loss/gain on sale of assets2022-12-31$-151,898
Total of all expenses incurred2022-12-31$2,838,064
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,792,142
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$986,065
Value of total assets at end of year2022-12-31$13,411,903
Value of total assets at beginning of year2022-12-31$17,687,623
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$45,922
Total interest from all sources2022-12-31$7,564
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$246,057
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$45,922
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
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$632,158
Participant contributions at end of year2022-12-31$168,085
Participant contributions at beginning of year2022-12-31$159,844
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$43,240
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,275,720
Value of net assets at end of year (total assets less liabilities)2022-12-31$13,411,903
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$17,687,623
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$11,278,569
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$13,721,144
Interest on participant loans2022-12-31$7,564
Value of interest in common/collective trusts at end of year2022-12-31$1,965,022
Value of interest in common/collective trusts at beginning of year2022-12-31$1,626,155
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$227
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,563,845
Net investment gain or loss from common/collective trusts2022-12-31$38,187
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
Assets. Invements in employer securities at end of year2022-12-31$0
Assets. Invements in employer securities at beginning of year2022-12-31$2,180,480
Contributions received in cash from employer2022-12-31$310,667
Income. Dividends from preferred stock2022-12-31$246,057
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,792,142
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$-151,898
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2022-12-31351307701
2021 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$351,780
Total unrealized appreciation/depreciation of assets2021-12-31$351,780
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$3,461,544
Total loss/gain on sale of assets2021-12-31$182,253
Total of all expenses incurred2021-12-31$3,189,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$3,075,711
Expenses. Certain deemed distributions of participant loans2021-12-31$68,625
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$964,416
Value of total assets at end of year2021-12-31$17,687,623
Value of total assets at beginning of year2021-12-31$17,415,534
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$45,119
Total interest from all sources2021-12-31$6,449
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$805,285
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$805,285
Administrative expenses professional fees incurred2021-12-31$45,119
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$631,726
Participant contributions at end of year2021-12-31$159,844
Participant contributions at beginning of year2021-12-31$182,492
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$38,664
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$272,089
Value of net assets at end of year (total assets less liabilities)2021-12-31$17,687,623
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$17,415,534
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$13,721,144
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$12,811,044
Interest on participant loans2021-12-31$6,449
Value of interest in common/collective trusts at end of year2021-12-31$1,626,155
Value of interest in common/collective trusts at beginning of year2021-12-31$2,007,584
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,119,713
Net investment gain or loss from common/collective trusts2021-12-31$31,648
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
Assets. Invements in employer securities at end of year2021-12-31$2,180,480
Assets. Invements in employer securities at beginning of year2021-12-31$2,414,414
Contributions received in cash from employer2021-12-31$294,026
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$3,075,711
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
Aggregate proceeds on sale of assets2021-12-31$182,253
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2021-12-31351307701
2020 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-434,601
Total unrealized appreciation/depreciation of assets2020-12-31$-434,601
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$0
Total income from all sources (including contributions)2020-12-31$2,744,097
Total loss/gain on sale of assets2020-12-31$-33,668
Total of all expenses incurred2020-12-31$1,775,685
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,718,958
Expenses. Certain deemed distributions of participant loans2020-12-31$4,171
Value of total corrective distributions2020-12-31$9,136
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$953,296
Value of total assets at end of year2020-12-31$17,415,534
Value of total assets at beginning of year2020-12-31$16,447,122
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$43,420
Total interest from all sources2020-12-31$10,904
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$275,316
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$275,316
Administrative expenses professional fees incurred2020-12-31$43,420
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$639,336
Participant contributions at end of year2020-12-31$182,492
Participant contributions at beginning of year2020-12-31$242,630
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$5,521
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$968,412
Value of net assets at end of year (total assets less liabilities)2020-12-31$17,415,534
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$16,447,122
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$12,811,044
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$11,361,929
Interest on participant loans2020-12-31$10,904
Value of interest in common/collective trusts at end of year2020-12-31$2,007,584
Value of interest in common/collective trusts at beginning of year2020-12-31$1,621,319
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,930,208
Net investment gain or loss from common/collective trusts2020-12-31$42,642
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 end of year2020-12-31$2,414,414
Assets. Invements in employer securities at beginning of year2020-12-31$3,221,244
Contributions received in cash from employer2020-12-31$308,439
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,718,958
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$-33,668
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2020-12-31351307701
2019 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$-917,626
Total unrealized appreciation/depreciation of assets2019-12-31$-917,626
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$2,284,279
Total loss/gain on sale of assets2019-12-31$-33,885
Total of all expenses incurred2019-12-31$318,933
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$276,239
Expenses. Certain deemed distributions of participant loans2019-12-31$7,279
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$934,512
Value of total assets at end of year2019-12-31$16,447,122
Value of total assets at beginning of year2019-12-31$14,481,776
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$35,415
Total interest from all sources2019-12-31$12,606
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$314,564
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$231,956
Administrative expenses professional fees incurred2019-12-31$28,818
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
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
Contributions received from participants2019-12-31$627,855
Participant contributions at end of year2019-12-31$242,630
Participant contributions at beginning of year2019-12-31$260,958
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$4,343
Administrative expenses (other) incurred2019-12-31$6,597
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$1,965,346
Value of net assets at end of year (total assets less liabilities)2019-12-31$16,447,122
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$14,481,776
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 leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$11,361,929
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$8,514,313
Interest on participant loans2019-12-31$12,606
Value of interest in common/collective trusts at end of year2019-12-31$1,621,319
Value of interest in common/collective trusts at beginning of year2019-12-31$1,483,353
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,929,659
Net investment gain or loss from common/collective trusts2019-12-31$44,449
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
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$3,221,244
Assets. Invements in employer securities at beginning of year2019-12-31$4,223,152
Contributions received in cash from employer2019-12-31$302,314
Income. Dividends from common stock2019-12-31$82,608
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$276,239
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$-33,885
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
Accountancy firm name2019-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2019-12-31351307701
2018 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$1,738,179
Total unrealized appreciation/depreciation of assets2018-12-31$1,738,179
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
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$2,315,460
Total loss/gain on sale of assets2018-12-31$10,587
Total of all expenses incurred2018-12-31$1,263,385
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$1,221,483
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$878,864
Value of total assets at end of year2018-12-31$14,481,776
Value of total assets at beginning of year2018-12-31$13,429,701
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$41,902
Total interest from all sources2018-12-31$13,144
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$297,988
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$223,798
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$6,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
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$586,458
Participant contributions at end of year2018-12-31$260,958
Participant contributions at beginning of year2018-12-31$250,614
Other income not declared elsewhere2018-12-31$-139
Administrative expenses (other) incurred2018-12-31$6,815
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$1,052,075
Value of net assets at end of year (total assets less liabilities)2018-12-31$14,481,776
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$13,429,701
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$8,514,313
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$9,266,311
Income. Interest from loans (other than to participants)2018-12-31$10,778
Value of interest in common/collective trusts at end of year2018-12-31$1,483,353
Value of interest in common/collective trusts at beginning of year2018-12-31$1,425,648
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$2,366
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-663,996
Net investment gain or loss from common/collective trusts2018-12-31$40,833
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$4,223,152
Assets. Invements in employer securities at beginning of year2018-12-31$2,487,128
Contributions received in cash from employer2018-12-31$292,406
Income. Dividends from common stock2018-12-31$74,190
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$1,221,483
Contract administrator fees2018-12-31$35,087
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
Aggregate proceeds on sale of assets2018-12-31$150,713
Aggregate carrying amount (costs) on sale of assets2018-12-31$140,126
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 name2018-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2018-12-31351307701
2017 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$636,909
Total unrealized appreciation/depreciation of assets2017-12-31$636,909
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$3,328,206
Total loss/gain on sale of assets2017-12-31$12,144
Total of all expenses incurred2017-12-31$317,826
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$285,241
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,348,734
Value of total assets at end of year2017-12-31$13,429,701
Value of total assets at beginning of year2017-12-31$10,419,321
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$32,585
Total interest from all sources2017-12-31$10,641
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$260,516
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$193,531
Administrative expenses professional fees incurred2017-12-31$29,165
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$6,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
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$545,908
Participant contributions at end of year2017-12-31$250,614
Participant contributions at beginning of year2017-12-31$246,386
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$527,686
Administrative expenses (other) incurred2017-12-31$3,420
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$3,010,380
Value of net assets at end of year (total assets less liabilities)2017-12-31$13,429,701
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$10,419,321
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$9,266,311
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$6,913,444
Interest on participant loans2017-12-31$10,000
Value of interest in common/collective trusts at end of year2017-12-31$1,425,648
Value of interest in common/collective trusts at beginning of year2017-12-31$1,387,121
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$641
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,023,408
Net investment gain or loss from common/collective trusts2017-12-31$35,854
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$2,487,128
Assets. Invements in employer securities at beginning of year2017-12-31$1,872,370
Contributions received in cash from employer2017-12-31$275,140
Income. Dividends from common stock2017-12-31$66,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$285,241
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
Aggregate proceeds on sale of assets2017-12-31$81,493
Aggregate carrying amount (costs) on sale of assets2017-12-31$69,349
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 name2017-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2017-12-31351307701
2016 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$212,119
Total unrealized appreciation/depreciation of assets2016-12-31$212,119
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$1,611,155
Total loss/gain on sale of assets2016-12-31$5,214
Total of all expenses incurred2016-12-31$455,535
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$425,588
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$821,702
Value of total assets at end of year2016-12-31$10,419,321
Value of total assets at beginning of year2016-12-31$9,263,701
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$29,947
Total interest from all sources2016-12-31$9,934
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$207,711
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$143,919
Administrative expenses professional fees incurred2016-12-31$25,752
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$6,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
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$501,284
Participant contributions at end of year2016-12-31$246,386
Participant contributions at beginning of year2016-12-31$259,050
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$59,113
Other income not declared elsewhere2016-12-31$104
Administrative expenses (other) incurred2016-12-31$4,195
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$1,155,620
Value of net assets at end of year (total assets less liabilities)2016-12-31$10,419,321
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$9,263,701
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$6,913,444
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$6,293,329
Interest on participant loans2016-12-31$9,752
Value of interest in common/collective trusts at end of year2016-12-31$1,387,121
Value of interest in common/collective trusts at beginning of year2016-12-31$1,069,302
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$326,372
Net investment gain or loss from common/collective trusts2016-12-31$27,999
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$1,872,370
Assets. Invements in employer securities at beginning of year2016-12-31$1,642,020
Contributions received in cash from employer2016-12-31$261,305
Income. Dividends from common stock2016-12-31$63,792
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$425,588
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
Aggregate proceeds on sale of assets2016-12-31$78,858
Aggregate carrying amount (costs) on sale of assets2016-12-31$73,644
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 name2016-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2016-12-31351307701
2015 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$77,902
Total unrealized appreciation/depreciation of assets2015-12-31$77,902
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$927,491
Total loss/gain on sale of assets2015-12-31$2,345
Total of all expenses incurred2015-12-31$351,237
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$321,944
Value of total corrective distributions2015-12-31$1,557
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$731,466
Value of total assets at end of year2015-12-31$9,263,701
Value of total assets at beginning of year2015-12-31$8,687,447
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$27,736
Total interest from all sources2015-12-31$10,444
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$213,321
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$157,693
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$4,750,000
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$474,547
Participant contributions at end of year2015-12-31$259,050
Participant contributions at beginning of year2015-12-31$218,553
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$7,353
Administrative expenses (other) incurred2015-12-31$3,795
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$576,254
Value of net assets at end of year (total assets less liabilities)2015-12-31$9,263,701
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$8,687,447
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$6,293,329
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$5,884,831
Interest on participant loans2015-12-31$10,425
Value of interest in common/collective trusts at end of year2015-12-31$1,069,302
Value of interest in common/collective trusts at beginning of year2015-12-31$994,473
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$281
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$281
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$19
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-135,404
Net investment gain or loss from common/collective trusts2015-12-31$27,417
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 contributions2015-12-31Yes
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$1,642,020
Assets. Invements in employer securities at beginning of year2015-12-31$1,589,309
Contributions received in cash from employer2015-12-31$249,566
Income. Dividends from common stock2015-12-31$55,628
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$321,944
Contract administrator fees2015-12-31$23,941
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
Aggregate proceeds on sale of assets2015-12-31$46,670
Aggregate carrying amount (costs) on sale of assets2015-12-31$44,325
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 name2015-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2015-12-31351307701
2014 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$272,332
Total unrealized appreciation/depreciation of assets2014-12-31$272,332
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$1,544,217
Total loss/gain on sale of assets2014-12-31$7,955
Total of all expenses incurred2014-12-31$643,228
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$602,245
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$703,715
Value of total assets at end of year2014-12-31$8,687,447
Value of total assets at beginning of year2014-12-31$7,786,458
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$40,983
Total interest from all sources2014-12-31$18,291
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$123,953
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$70,181
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$4,750,000
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$465,941
Participant contributions at end of year2014-12-31$218,553
Participant contributions at beginning of year2014-12-31$222,463
Administrative expenses (other) incurred2014-12-31$5,100
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$900,989
Value of net assets at end of year (total assets less liabilities)2014-12-31$8,687,447
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$7,786,458
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$5,884,831
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,119,772
Income. Interest from loans (other than to participants)2014-12-31$9,100
Value of interest in common/collective trusts at end of year2014-12-31$994,473
Value of interest in common/collective trusts at beginning of year2014-12-31$4,542,870
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$281
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$591,995
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$591,995
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$9,191
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$317,390
Net investment gain or loss from common/collective trusts2014-12-31$100,581
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 contributions2014-12-31Yes
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$1,589,309
Assets. Invements in employer securities at beginning of year2014-12-31$1,309,358
Contributions received in cash from employer2014-12-31$237,774
Income. Dividends from common stock2014-12-31$53,772
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$602,245
Contract administrator fees2014-12-31$35,883
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
Aggregate proceeds on sale of assets2014-12-31$99,905
Aggregate carrying amount (costs) on sale of assets2014-12-31$91,950
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 name2014-12-31KRUGGEL, LAWTON & COMPANY, LLC
Accountancy firm EIN2014-12-31351307701
2013 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$157,629
Total unrealized appreciation/depreciation of assets2013-12-31$157,629
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$1,835,665
Total loss/gain on sale of assets2013-12-31$4,237
Total of all expenses incurred2013-12-31$523,567
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$483,686
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$698,680
Value of total assets at end of year2013-12-31$7,786,458
Value of total assets at beginning of year2013-12-31$6,474,360
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$39,881
Total interest from all sources2013-12-31$9,588
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$68,354
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$14,718
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$475,000
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$461,765
Participant contributions at end of year2013-12-31$222,463
Participant contributions at beginning of year2013-12-31$191,388
Administrative expenses (other) incurred2013-12-31$2,846
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$1,312,098
Value of net assets at end of year (total assets less liabilities)2013-12-31$7,786,458
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$6,474,360
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$2,422
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,119,772
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$844,244
Interest on participant loans2013-12-31$8,374
Value of interest in common/collective trusts at end of year2013-12-31$4,542,870
Value of interest in common/collective trusts at beginning of year2013-12-31$3,555,219
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$591,995
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$736,753
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$736,753
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$1,214
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$261,535
Net investment gain or loss from common/collective trusts2013-12-31$635,642
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$1,309,358
Assets. Invements in employer securities at beginning of year2013-12-31$1,146,756
Contributions received in cash from employer2013-12-31$236,915
Income. Dividends from common stock2013-12-31$53,636
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$483,686
Contract administrator fees2013-12-31$34,613
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
Aggregate proceeds on sale of assets2013-12-31$79,068
Aggregate carrying amount (costs) on sale of assets2013-12-31$74,831
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2013-12-31381357951
2012 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-78,371
Total unrealized appreciation/depreciation of assets2012-12-31$-78,371
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$1,121,945
Total loss/gain on sale of assets2012-12-31$6,895
Total of all expenses incurred2012-12-31$207,502
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$173,854
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$632,306
Value of total assets at end of year2012-12-31$6,474,360
Value of total assets at beginning of year2012-12-31$5,559,917
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$33,648
Total interest from all sources2012-12-31$7,996
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$69,985
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$14,238
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,000,000
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$413,963
Participant contributions at end of year2012-12-31$191,388
Participant contributions at beginning of year2012-12-31$133,796
Administrative expenses (other) incurred2012-12-31$2,578
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$914,443
Value of net assets at end of year (total assets less liabilities)2012-12-31$6,474,360
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,559,917
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$844,244
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$753,775
Income. Interest from loans (other than to participants)2012-12-31$6,520
Value of interest in common/collective trusts at end of year2012-12-31$3,555,219
Value of interest in common/collective trusts at beginning of year2012-12-31$2,973,992
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$736,753
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$493,489
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$493,489
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$1,476
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$113,359
Net investment gain or loss from common/collective trusts2012-12-31$369,775
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$1,146,756
Assets. Invements in employer securities at beginning of year2012-12-31$1,204,865
Contributions received in cash from employer2012-12-31$218,343
Income. Dividends from common stock2012-12-31$55,747
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$173,854
Contract administrator fees2012-12-31$31,070
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
Aggregate proceeds on sale of assets2012-12-31$133,148
Aggregate carrying amount (costs) on sale of assets2012-12-31$126,253
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31PLANTE & MORAN, PLLC
Accountancy firm EIN2012-12-31381357951
2011 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-303,403
Total unrealized appreciation/depreciation of assets2011-12-31$-303,403
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$311,140
Total loss/gain on sale of assets2011-12-31$-6,026
Total of all expenses incurred2011-12-31$182,305
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$153,005
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$493,200
Value of total assets at end of year2011-12-31$5,559,917
Value of total assets at beginning of year2011-12-31$5,431,082
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$29,300
Total interest from all sources2011-12-31$6,224
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$61,561
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$9,201
Administrative expenses professional fees incurred2011-12-31$27,498
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$4,750,000
If this is an individual account plan, was there a blackout period2011-12-31No
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$377,184
Participant contributions at end of year2011-12-31$133,796
Participant contributions at beginning of year2011-12-31$123,994
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$128,835
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,559,917
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,431,082
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$753,775
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$717,977
Interest on participant loans2011-12-31$5,055
Income. Interest from corporate debt instruments2011-12-31$7
Value of interest in common/collective trusts at end of year2011-12-31$2,973,992
Value of interest in common/collective trusts at beginning of year2011-12-31$2,682,582
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$493,489
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$459,410
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$459,410
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$1,162
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$1,798
Net investment gain or loss from common/collective trusts2011-12-31$57,786
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$1,204,865
Assets. Invements in employer securities at beginning of year2011-12-31$1,447,119
Contributions received in cash from employer2011-12-31$116,016
Income. Dividends from common stock2011-12-31$52,360
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$153,005
Contract administrator fees2011-12-31$1,802
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
Aggregate proceeds on sale of assets2011-12-31$100,891
Aggregate carrying amount (costs) on sale of assets2011-12-31$106,917
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31PLANTE & MORAN
Accountancy firm EIN2011-12-31381357951
2010 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$121,316
Total unrealized appreciation/depreciation of assets2010-12-31$121,316
Total transfer of assets to this plan2010-12-31$308
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$1,105,880
Total loss/gain on sale of assets2010-12-31$1,049
Total of all expenses incurred2010-12-31$269,600
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$243,553
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$509,031
Value of total assets at end of year2010-12-31$5,431,082
Value of total assets at beginning of year2010-12-31$4,594,494
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$26,047
Total interest from all sources2010-12-31$5,686
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$57,302
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$7,895
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$4,750,000
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$390,841
Participant contributions at end of year2010-12-31$123,994
Participant contributions at beginning of year2010-12-31$82,404
Administrative expenses (other) incurred2010-12-31$1,068
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$836,280
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,431,082
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$4,594,494
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$717,977
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$584,442
Income. Interest from loans (other than to participants)2010-12-31$4,356
Interest earned on other investments2010-12-31$30
Value of interest in common/collective trusts at end of year2010-12-31$2,682,582
Value of interest in common/collective trusts at beginning of year2010-12-31$2,209,017
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$459,410
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$523,374
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$523,374
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$1,300
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$92,228
Net investment gain or loss from common/collective trusts2010-12-31$319,268
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
Assets. Invements in employer securities at end of year2010-12-31$1,447,119
Assets. Invements in employer securities at beginning of year2010-12-31$1,195,257
Contributions received in cash from employer2010-12-31$118,190
Income. Dividends from common stock2010-12-31$49,407
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$243,553
Contract administrator fees2010-12-31$24,979
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
Aggregate proceeds on sale of assets2010-12-31$87,050
Aggregate carrying amount (costs) on sale of assets2010-12-31$86,001
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31PLANTE & MORAN
Accountancy firm EIN2010-12-31381357951
2009 : FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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 FARMERS STATE BANK EMPLOYEES' 401(K) PLAN

2023: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 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: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FARMERS STATE BANK EMPLOYEES' 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FARMERS STATE BANK EMPLOYEES' 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: FARMERS STATE BANK EMPLOYEES' 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

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