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THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 401k Plan overview

Plan NameTHE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST
Plan identification number 002

THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

THE HOMETOWN SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name:THE HOMETOWN SAVINGS BANK
Employer identification number (EIN):350705150
NAIC Classification:522190
NAIC Description:Other Depository Credit Intermediation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DAVID E MYERS2024-10-16
0022022-01-01DAVID E MYERS2023-10-06
0022021-01-01DAVID E MYERS2022-09-26
0022020-01-01DAVID E MYERS2021-08-13
0022019-01-01BRIAN DYER2020-10-01
0022018-01-01BRIAN DYER2019-10-10
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01BRIAN DYER
0022013-01-01BRIAN DYER
0022012-01-01JOHN PERRY
0022011-01-01JOHN PERRY
0022009-01-01 JOHN PERRY2010-08-02
0022009-01-01DAVID MYERS JOHN PERRY2010-08-02

Plan Statistics for THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST

401k plan membership statisitcs for THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST

Measure Date Value
2023: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2023 401k membership
Total participants, beginning-of-year2023-01-01140
Total number of active participants reported on line 7a of the Form 55002023-01-01106
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0146
Total of all active and inactive participants2023-01-01152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01152
Number of participants with account balances2023-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-0114
2022: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-01142
Total number of active participants reported on line 7a of the Form 55002022-01-0198
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0133
Total of all active and inactive participants2022-01-01131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01131
Number of participants with account balances2022-01-01128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0111
2021: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-01135
Total number of active participants reported on line 7a of the Form 55002021-01-01101
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0130
Total of all active and inactive participants2021-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-01133
Number of participants with account balances2021-01-01132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0112
2020: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01138
Total number of active participants reported on line 7a of the Form 55002020-01-0195
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-0131
Total of all active and inactive participants2020-01-01127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-012
Total participants2020-01-01129
Number of participants with account balances2020-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-015
2019: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01139
Total number of active participants reported on line 7a of the Form 55002019-01-01111
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0121
Total of all active and inactive participants2019-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-012
Total participants2019-01-01134
Number of participants with account balances2019-01-01126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-01136
Total number of active participants reported on line 7a of the Form 55002018-01-01108
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0124
Total of all active and inactive participants2018-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01135
Number of participants with account balances2018-01-01127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-016
2017: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-01123
Total number of active participants reported on line 7a of the Form 55002017-01-01111
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0121
Total of all active and inactive participants2017-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01134
Number of participants with account balances2017-01-01123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01121
Total number of active participants reported on line 7a of the Form 55002016-01-0194
Number of retired or separated participants receiving benefits2016-01-015
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-01115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-012
Total participants2016-01-01117
Number of participants with account balances2016-01-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-018
2014: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01105
Total number of active participants reported on line 7a of the Form 55002014-01-0187
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0118
Total of all active and inactive participants2014-01-01105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01105
Number of participants with account balances2014-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0194
Total number of active participants reported on line 7a of the Form 55002013-01-0181
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0116
Total of all active and inactive participants2013-01-0197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0197
Number of participants with account balances2013-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-012
2012: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0175
Total number of active participants reported on line 7a of the Form 55002012-01-0170
Number of retired or separated participants receiving benefits2012-01-013
Number of other retired or separated participants entitled to future benefits2012-01-0110
Total of all active and inactive participants2012-01-0183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0183
Number of participants with account balances2012-01-0173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0111
2011: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0179
Total number of active participants reported on line 7a of the Form 55002011-01-0165
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0110
Total of all active and inactive participants2011-01-0175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0175
Number of participants with account balances2011-01-0175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0172
Total number of active participants reported on line 7a of the Form 55002009-01-0165
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0113
Total of all active and inactive participants2009-01-0178
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0178
Number of participants with account balances2009-01-0175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST

Measure Date Value
2023 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$0
Total income from all sources (including contributions)2023-12-31$2,601,024
Total loss/gain on sale of assets2023-12-31$0
Total of all expenses incurred2023-12-31$348,183
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$334,567
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$1,000,221
Value of total assets at end of year2023-12-31$13,761,570
Value of total assets at beginning of year2023-12-31$11,508,729
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$13,616
Total interest from all sources2023-12-31$10,467
Total dividends received (eg from common stock, registered investment company shares)2023-12-31$429,720
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$429,720
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
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$451,455
Participant contributions at end of year2023-12-31$211,918
Participant contributions at beginning of year2023-12-31$119,880
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$169,667
Other income not declared elsewhere2023-12-31$4,244
Total non interest bearing cash at end of year2023-12-31$69,410
Total non interest bearing cash at beginning of year2023-12-31$37,513
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$2,252,841
Value of net assets at end of year (total assets less liabilities)2023-12-31$13,761,570
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$11,508,729
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$11,063,681
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$9,081,865
Interest on participant loans2023-12-31$10,467
Value of interest in common/collective trusts at end of year2023-12-31$2,416,561
Value of interest in common/collective trusts at beginning of year2023-12-31$2,269,471
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$1,156,372
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$379,099
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$334,567
Contract administrator fees2023-12-31$8,376
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31FORVIS MAZARS, LLP
Accountancy firm EIN2023-12-31440160260
2022 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-808,757
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$902,224
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$887,204
Value of total corrective distributions2022-12-31$1,540
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$950,212
Value of total assets at end of year2022-12-31$11,508,729
Value of total assets at beginning of year2022-12-31$13,219,710
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$13,480
Total interest from all sources2022-12-31$8,198
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$462,852
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$462,852
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$2,000,000
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$449,408
Participant contributions at end of year2022-12-31$119,880
Participant contributions at beginning of year2022-12-31$228,712
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$137,045
Other income not declared elsewhere2022-12-31$4,191
Total non interest bearing cash at end of year2022-12-31$37,513
Total non interest bearing cash at beginning of year2022-12-31$5,857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-1,710,981
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,508,729
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$13,219,710
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$9,081,865
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$10,547,376
Interest on participant loans2022-12-31$8,198
Value of interest in common/collective trusts at end of year2022-12-31$2,269,471
Value of interest in common/collective trusts at beginning of year2022-12-31$2,437,765
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,369,766
Net investment gain or loss from common/collective trusts2022-12-31$135,556
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 contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$363,759
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$887,204
Contract administrator fees2022-12-31$13,480
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31FORVIS, LLP
Accountancy firm EIN2022-12-31440160260
2021 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$1,973,986
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,098,516
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,085,130
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$765,675
Value of total assets at end of year2021-12-31$13,219,710
Value of total assets at beginning of year2021-12-31$12,344,240
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$13,386
Total interest from all sources2021-12-31$10,015
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$531,561
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$531,561
Administrative expenses professional fees incurred2021-12-31$13,386
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$2,000,000
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$364,741
Participant contributions at end of year2021-12-31$228,712
Participant contributions at beginning of year2021-12-31$267,621
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$58,054
Total non interest bearing cash at end of year2021-12-31$5,857
Total non interest bearing cash at beginning of year2021-12-31$4,225
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$875,470
Value of net assets at end of year (total assets less liabilities)2021-12-31$13,219,710
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$12,344,240
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$10,547,376
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$9,192,211
Interest on participant loans2021-12-31$10,015
Value of interest in common/collective trusts at end of year2021-12-31$2,437,765
Value of interest in common/collective trusts at beginning of year2021-12-31$2,880,183
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$564,078
Net investment gain or loss from common/collective trusts2021-12-31$102,657
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 contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$342,880
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,085,130
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31FORVIS, LLP
Accountancy firm EIN2021-12-31440160260
2020 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
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$2,233,082
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$551,469
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$540,380
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$823,772
Value of total assets at end of year2020-12-31$12,344,240
Value of total assets at beginning of year2020-12-31$10,662,627
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$11,089
Total interest from all sources2020-12-31$13,314
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$383,605
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$383,605
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$3,000,000
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$384,270
Participant contributions at end of year2020-12-31$267,621
Participant contributions at beginning of year2020-12-31$275,122
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$98,983
Total non interest bearing cash at end of year2020-12-31$4,225
Total non interest bearing cash at beginning of year2020-12-31$1,330
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,681,613
Value of net assets at end of year (total assets less liabilities)2020-12-31$12,344,240
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$10,662,627
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$9,192,211
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$7,777,156
Interest on participant loans2020-12-31$13,314
Value of interest in common/collective trusts at end of year2020-12-31$2,880,183
Value of interest in common/collective trusts at beginning of year2020-12-31$2,609,019
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,012,391
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
Contributions received in cash from employer2020-12-31$340,519
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$540,380
Contract administrator fees2020-12-31$11,089
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BKD, LLP
Accountancy firm EIN2020-12-31440160260
2019 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$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$2,273,469
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$404,683
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$385,339
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$783,332
Value of total assets at end of year2019-12-31$10,662,627
Value of total assets at beginning of year2019-12-31$8,793,841
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$19,344
Total interest from all sources2019-12-31$12,738
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$257,828
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$257,828
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$2,000,000
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$362,199
Participant contributions at end of year2019-12-31$275,122
Participant contributions at beginning of year2019-12-31$194,687
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$91,724
Total non interest bearing cash at end of year2019-12-31$1,330
Total non interest bearing cash at beginning of year2019-12-31$2,548
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$1,868,786
Value of net assets at end of year (total assets less liabilities)2019-12-31$10,662,627
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$8,793,841
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$7,777,156
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$6,056,424
Interest on participant loans2019-12-31$12,738
Value of interest in common/collective trusts at end of year2019-12-31$2,609,019
Value of interest in common/collective trusts at beginning of year2019-12-31$2,540,182
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,219,571
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
Contributions received in cash from employer2019-12-31$329,409
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$385,339
Contract administrator fees2019-12-31$19,344
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
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 name2019-12-31BKD, LLP
Accountancy firm EIN2019-12-31440160260
2018 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$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$589,716
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$738,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$720,858
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$723,155
Value of total assets at end of year2018-12-31$8,793,841
Value of total assets at beginning of year2018-12-31$8,942,423
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$17,440
Total interest from all sources2018-12-31$6,245
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$448,740
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$448,740
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$2,000,000
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$301,243
Participant contributions at end of year2018-12-31$194,687
Participant contributions at beginning of year2018-12-31$134,656
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$123,546
Other income not declared elsewhere2018-12-31$4,539
Total non interest bearing cash at end of year2018-12-31$2,548
Total non interest bearing cash at beginning of year2018-12-31$1,025
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-148,582
Value of net assets at end of year (total assets less liabilities)2018-12-31$8,793,841
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$8,942,423
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$6,056,424
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$6,891,504
Interest on participant loans2018-12-31$6,245
Value of interest in common/collective trusts at end of year2018-12-31$2,540,182
Value of interest in common/collective trusts at beginning of year2018-12-31$1,915,238
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-654,443
Net investment gain or loss from common/collective trusts2018-12-31$61,480
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
Contributions received in cash from employer2018-12-31$298,366
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$720,858
Contract administrator fees2018-12-31$17,440
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31BKD, LLP
Accountancy firm EIN2018-12-31440160260
2017 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$1,681,194
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$515,964
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$501,851
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$596,969
Value of total assets at end of year2017-12-31$8,942,423
Value of total assets at beginning of year2017-12-31$7,777,193
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$14,113
Total interest from all sources2017-12-31$5,442
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$257,972
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$257,972
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
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$295,348
Participant contributions at end of year2017-12-31$134,656
Participant contributions at beginning of year2017-12-31$176,028
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$189,195
Other income not declared elsewhere2017-12-31$4,252
Total non interest bearing cash at end of year2017-12-31$1,025
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,165,230
Value of net assets at end of year (total assets less liabilities)2017-12-31$8,942,423
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$7,777,193
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$6,891,504
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$5,424,138
Interest on participant loans2017-12-31$5,442
Value of interest in common/collective trusts at end of year2017-12-31$1,915,238
Value of interest in common/collective trusts at beginning of year2017-12-31$1,999,292
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$9,770
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$9,770
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$768,293
Net investment gain or loss from common/collective trusts2017-12-31$48,266
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
Contributions received in cash from employer2017-12-31$112,426
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$167,965
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$501,851
Contract administrator fees2017-12-31$14,113
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31BKD, LLP
Accountancy firm EIN2017-12-31440160260
2016 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
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$3,369
Total income from all sources (including contributions)2016-12-31$1,195,947
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$263,728
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$244,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$795,988
Value of total assets at end of year2016-12-31$7,777,193
Value of total assets at beginning of year2016-12-31$6,848,343
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$19,118
Total interest from all sources2016-12-31$6,605
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$179,524
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$179,524
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
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$271,494
Participant contributions at end of year2016-12-31$176,028
Participant contributions at beginning of year2016-12-31$213,174
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$258,574
Liabilities. Value of operating payables at end of year2016-12-31$0
Liabilities. Value of operating payables at beginning of year2016-12-31$3,369
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$932,219
Value of net assets at end of year (total assets less liabilities)2016-12-31$7,777,193
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$6,844,974
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$5,424,138
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,521,470
Interest on participant loans2016-12-31$6,605
Value of interest in common/collective trusts at end of year2016-12-31$1,999,292
Value of interest in common/collective trusts at beginning of year2016-12-31$1,937,084
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$9,770
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$8,495
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$8,495
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$167,820
Net investment gain or loss from common/collective trusts2016-12-31$46,010
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
Contributions received in cash from employer2016-12-31$265,920
Employer contributions (assets) at end of year2016-12-31$167,965
Employer contributions (assets) at beginning of year2016-12-31$168,120
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$244,610
Contract administrator fees2016-12-31$19,118
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31BKD, LLP
Accountancy firm EIN2016-12-31440160260
2014 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2014 401k financial data
Total income from all sources2014-12-31$1,007,797
Expenses. Total of all expenses incurred2014-12-31$65,380
Benefits paid (including direct rollovers)2014-12-31$56,815
Total plan assets at end of year2014-12-31$6,224,267
Total plan assets at beginning of year2014-12-31$5,281,850
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$272,516
Contributions received from other sources (not participants or employers)2014-12-31$187,644
Other income received2014-12-31$269,197
Net income (gross income less expenses)2014-12-31$942,417
Net plan assets at end of year (total assets less liabilities)2014-12-31$6,224,267
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$5,281,850
Assets. Value of participant loans2014-12-31$233,006
Total contributions received or receivable from employer(s)2014-12-31$278,440
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$8,565
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2013 401k financial data
Total income from all sources2013-12-31$1,514,522
Expenses. Total of all expenses incurred2013-12-31$171,085
Benefits paid (including direct rollovers)2013-12-31$165,989
Total plan assets at end of year2013-12-31$5,281,850
Total plan assets at beginning of year2013-12-31$3,938,413
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$236,950
Contributions received from other sources (not participants or employers)2013-12-31$186,543
Other income received2013-12-31$667,341
Net income (gross income less expenses)2013-12-31$1,343,437
Net plan assets at end of year (total assets less liabilities)2013-12-31$5,281,850
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,938,413
Assets. Value of participant loans2013-12-31$134,687
Total contributions received or receivable from employer(s)2013-12-31$423,688
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$5,096
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total income from all sources2012-12-31$741,734
Expenses. Total of all expenses incurred2012-12-31$130,325
Benefits paid (including direct rollovers)2012-12-31$129,625
Total plan assets at end of year2012-12-31$3,938,413
Total plan assets at beginning of year2012-12-31$3,327,004
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$208,480
Expenses. Other expenses not covered elsewhere2012-12-31$700
Contributions received from other sources (not participants or employers)2012-12-31$16,499
Other income received2012-12-31$306,062
Net income (gross income less expenses)2012-12-31$611,409
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,938,413
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,327,004
Assets. Value of participant loans2012-12-31$108,074
Total contributions received or receivable from employer(s)2012-12-31$210,693
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$0
Amount contributed by the employer to the plan for this plan year2012-12-31$0
2011 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$362,322
Expenses. Total of all expenses incurred2011-12-31$127,581
Benefits paid (including direct rollovers)2011-12-31$127,161
Total plan assets at end of year2011-12-31$3,327,004
Total plan assets at beginning of year2011-12-31$3,092,263
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$202,194
Expenses. Other expenses not covered elsewhere2011-12-31$420
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-44,247
Net income (gross income less expenses)2011-12-31$234,741
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,327,004
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$3,092,263
Assets. Value of participant loans2011-12-31$75,175
Total contributions received or receivable from employer(s)2011-12-31$204,375
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$0
Amount contributed by the employer to the plan for this plan year2011-12-31$0
2010 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$588,789
Expenses. Total of all expenses incurred2010-12-31$92,373
Benefits paid (including direct rollovers)2010-12-31$88,323
Total plan assets at end of year2010-12-31$3,092,263
Total plan assets at beginning of year2010-12-31$2,595,847
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$189,216
Expenses. Other expenses not covered elsewhere2010-12-31$1,050
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$212,698
Net income (gross income less expenses)2010-12-31$496,416
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,092,263
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,595,847
Assets. Value of participant loans2010-12-31$90,764
Total contributions received or receivable from employer(s)2010-12-31$186,875
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$3,000
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
2009 : THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST

2023: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedYes
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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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
2014: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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 – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: THE HOMETOWN SAVINGS BANK EMPLOYEE 401(K) PLAN AND TRUST 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-007802
Policy instance 1
Insurance contract or identification numberGA-007802
Number of Individuals Covered0
Insurance policy start date2013-01-01
Insurance policy end date2013-03-31
Total amount of commissions paid to insurance brokerUSD $1,878
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,878
Insurance broker organization code?3
Insurance broker namePREFERRED PRODUCT NETWORK INC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-007802
Policy instance 1
Insurance contract or identification numberGA-007802
Number of Individuals Covered73
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $6,928
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,572
Insurance broker organization code?3
Insurance broker nameLEGEND EQUITIES CORP
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-007802
Policy instance 1
Insurance contract or identification numberGA-007802
Number of Individuals Covered75
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $6,280
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-007802
Policy instance 1
Insurance contract or identification numberGA-007802
Number of Individuals Covered73
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $5,280
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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