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FIRST STATE BANK SHANNON - POLO 401K PLAN 401k Plan overview

Plan NameFIRST STATE BANK SHANNON - POLO 401K PLAN
Plan identification number 001

FIRST STATE BANK SHANNON - POLO 401K 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

FIRST STATE BANK SHANNON - POLO has sponsored the creation of one or more 401k plans.

Company Name:FIRST STATE BANK SHANNON - POLO
Employer identification number (EIN):361079260
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST STATE BANK SHANNON - POLO 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MARTY DECRANE2024-06-05
0012022-01-01MARTY DECRANE2023-05-30
0012021-01-01MARTY DECRANE2022-06-08
0012020-01-01ALLEN WOESSNER2021-06-04
0012019-01-01AWOESSNER71102020-06-20
0012019-01-01ALLEN WOESSNER2020-06-30
0012018-01-01ALLEN WOESSNER2019-06-08
0012017-01-01ALLEN WOESSNER2018-06-11
0012016-01-01ALLEN WOESSNER2017-06-10
0012015-01-01ALLEN WOESSNER2016-06-28
0012014-01-01ALLEN WOESSNER2015-06-13
0012013-01-01ALLEN WOESSNER2014-06-20
0012012-01-01ALLEN WOESSNER2013-07-20
0012011-01-01ALLEN WOESSNER2012-06-10
0012010-01-01ALLEN WOESSNER2011-07-07
0012009-01-01ALLEN WOESSNER ALLEN WOESSNER2010-05-03

Plan Statistics for FIRST STATE BANK SHANNON - POLO 401K PLAN

401k plan membership statisitcs for FIRST STATE BANK SHANNON - POLO 401K PLAN

Measure Date Value
2009: FIRST STATE BANK SHANNON - POLO 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0137
Total number of active participants reported on line 7a of the Form 55002009-01-0133
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-015
Total of all active and inactive participants2009-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0138
Number of participants with account balances2009-01-0138
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on FIRST STATE BANK SHANNON - POLO 401K PLAN

Measure Date Value
2009 : FIRST STATE BANK SHANNON - POLO 401K 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 FIRST STATE BANK SHANNON - POLO 401K PLAN

2009: FIRST STATE BANK SHANNON - POLO 401K 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 funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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