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THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WISCONSIN BANK AND TRUST has sponsored the creation of one or more 401k plans.

Company Name:WISCONSIN BANK AND TRUST
Employer identification number (EIN):390226090
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-01-01KIM SMITH
0012012-01-01KIM W. SMITH

Plan Statistics for THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN

Measure Date Value
2013: THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0144
Total number of active participants reported on line 7a of the Form 55002013-01-010
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-010
Number of participants with account balances2013-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0141
Total number of active participants reported on line 7a of the Form 55002012-01-0137
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-017
Total of all active and inactive participants2012-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0144
Number of participants with account balances2012-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN

Measure Date Value
2013 : THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-04-23$52,100
Expenses. Total of all expenses incurred2013-04-23$1,615,705
Benefits paid (including direct rollovers)2013-04-23$1,609,434
Total plan assets at end of year2013-04-23$0
Total plan assets at beginning of year2013-04-23$1,563,605
Value of fidelity bond covering the plan2013-04-23$2,800,000
Other income received2013-04-23$52,100
Net income (gross income less expenses)2013-04-23$-1,563,605
Net plan assets at end of year (total assets less liabilities)2013-04-23$0
Net plan assets at beginning of year (total assets less liabilities)2013-04-23$1,563,605
Assets. Value of employer securities2013-04-23$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-04-23$6,271
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-04-23$0
2012 : THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$268,163
Expenses. Total of all expenses incurred2012-12-31$60,058
Benefits paid (including direct rollovers)2012-12-31$47,174
Total plan assets at end of year2012-12-31$1,563,605
Total plan assets at beginning of year2012-12-31$1,355,500
Value of fidelity bond covering the plan2012-12-31$2,800,000
Total contributions received or receivable from participants2012-12-31$77,098
Contributions received from other sources (not participants or employers)2012-12-31$9,830
Other income received2012-12-31$143,145
Net income (gross income less expenses)2012-12-31$208,105
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,563,605
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,355,500
Assets. Value of employer securities2012-12-31$143,014
Total contributions received or receivable from employer(s)2012-12-31$38,090
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$12,884
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0

Form 5500 Responses for THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING PLAN

2013: THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING 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 filingYes
2013-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE FIRST NATIONAL BANK OF PLATTEVILLE 401(K) PROFIT SHARING 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

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