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COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameCOMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST
Plan identification number 001

COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

COMMUNITY BANK & TRUST has sponsored the creation of one or more 401k plans.

Company Name:COMMUNITY BANK & TRUST
Employer identification number (EIN):391639123
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01MICHELLE SCHOEN
0012014-01-01MICHELLE SCHOEN
0012013-01-01MICHELLE SCHOEN
0012012-01-01ROY SCHWOERER
0012011-01-01ROY SCHWOERER
0012010-01-01ROY SCHWOERER
0012009-01-01ROY SCHWOERER

Plan Statistics for COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2015: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01184
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01197
Total number of active participants reported on line 7a of the Form 55002014-01-01157
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0127
Total of all active and inactive participants2014-01-01184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01184
Number of participants with account balances2014-01-01184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-013
2013: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-01191
Total number of active participants reported on line 7a of the Form 55002013-01-01168
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0129
Total of all active and inactive participants2013-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01197
Number of participants with account balances2013-01-01195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-014
2012: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01203
Total number of active participants reported on line 7a of the Form 55002012-01-01174
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0116
Total of all active and inactive participants2012-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01190
Number of participants with account balances2012-01-01190
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-016
2011: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01214
Total number of active participants reported on line 7a of the Form 55002011-01-01182
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0121
Total of all active and inactive participants2011-01-01203
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01203
Number of participants with account balances2011-01-01199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-013
2010: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01220
Total number of active participants reported on line 7a of the Form 55002010-01-01191
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0123
Total of all active and inactive participants2010-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01214
Number of participants with account balances2010-01-01193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-017
2009: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01231
Total number of active participants reported on line 7a of the Form 55002009-01-01196
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0123
Total of all active and inactive participants2009-01-01219
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01219
Number of participants with account balances2009-01-01210
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST

Measure Date Value
2015 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total transfer of assets from this plan2015-04-15$9,135,597
Total income from all sources (including contributions)2015-04-15$401,717
Total of all expenses incurred2015-04-15$291,608
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-04-15$283,748
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-04-15$47,320
Value of total assets at end of year2015-04-15$0
Value of total assets at beginning of year2015-04-15$9,025,488
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-04-15$7,860
Total interest from all sources2015-04-15$4,425
Total dividends received (eg from common stock, registered investment company shares)2015-04-15$7,928
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-04-15Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-04-15$0
Total dividends received from registered investment company shares (eg mutual funds)2015-04-15$7,928
Was this plan covered by a fidelity bond2015-04-15Yes
Value of fidelity bond cover2015-04-15$500,000
If this is an individual account plan, was there a blackout period2015-04-15No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-04-15$0
Were there any nonexempt tranactions with any party-in-interest2015-04-15No
Contributions received from participants2015-04-15$47,320
Participant contributions at beginning of year2015-04-15$169,916
Administrative expenses (other) incurred2015-04-15$915
Total non interest bearing cash at end of year2015-04-15$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-04-15No
Value of net income/loss2015-04-15$110,109
Value of net assets at end of year (total assets less liabilities)2015-04-15$0
Value of net assets at beginning of year (total assets less liabilities)2015-04-15$9,025,488
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-04-15No
Were any loans by the plan or fixed income obligations due to the plan in default2015-04-15No
Were any leases to which the plan was party in default or uncollectible2015-04-15No
Investment advisory and management fees2015-04-15$6,945
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-04-15$7,748,952
Interest on participant loans2015-04-15$1,750
Interest earned on other investments2015-04-15$2,675
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-04-15$4,585
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-04-15$4,585
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-04-15$715,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-04-15$342,044
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-04-15No
Was there a failure to transmit to the plan any participant contributions2015-04-15No
Has the plan failed to provide any benefit when due under the plan2015-04-15No
Employer contributions (assets) at beginning of year2015-04-15$386,630
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-04-15$283,748
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-04-15No
Did the plan have assets held for investment2015-04-15No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-04-15No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-04-15Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-04-15Yes
Opinion of an independent qualified public accountant for this plan2015-04-15Disclaimer
Accountancy firm name2015-04-15SCHENCK SC
Accountancy firm EIN2015-04-15391173131
2014 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$1,571,536
Total of all expenses incurred2014-12-31$769,851
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$744,509
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,121,032
Value of total assets at end of year2014-12-31$9,025,488
Value of total assets at beginning of year2014-12-31$8,223,803
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$25,342
Total interest from all sources2014-12-31$15,711
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$128,034
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$128,034
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
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$489,501
Participant contributions at end of year2014-12-31$169,916
Participant contributions at beginning of year2014-12-31$174,995
Participant contributions at beginning of year2014-12-31$27
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$244,901
Administrative expenses (other) incurred2014-12-31$5,480
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$801,685
Value of net assets at end of year (total assets less liabilities)2014-12-31$9,025,488
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$8,223,803
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
Investment advisory and management fees2014-12-31$19,862
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$7,748,952
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$7,381,145
Interest on participant loans2014-12-31$6,595
Interest earned on other investments2014-12-31$9,116
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$4,585
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$4,031
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$4,031
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$715,405
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$595,806
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$306,759
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 contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$386,630
Employer contributions (assets) at end of year2014-12-31$386,630
Employer contributions (assets) at beginning of year2014-12-31$67,799
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$744,509
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31No
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
2013 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$1,989,263
Total of all expenses incurred2013-12-31$835,635
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$827,118
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$652,257
Value of total assets at end of year2013-12-31$8,223,803
Value of total assets at beginning of year2013-12-31$7,070,175
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$8,517
Total interest from all sources2013-12-31$15,588
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$126,526
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$126,526
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
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$511,413
Participant contributions at end of year2013-12-31$174,995
Participant contributions at beginning of year2013-12-31$170,392
Participant contributions at end of year2013-12-31$27
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$72,323
Administrative expenses (other) incurred2013-12-31$4,036
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$1,153,628
Value of net assets at end of year (total assets less liabilities)2013-12-31$8,223,803
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$7,070,175
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$4,481
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$7,381,145
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,265,953
Interest on participant loans2013-12-31$7,191
Interest earned on other investments2013-12-31$8,397
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$4,031
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$470
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$470
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$595,806
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$559,863
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,194,892
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
Contributions received in cash from employer2013-12-31$68,521
Employer contributions (assets) at end of year2013-12-31$67,799
Employer contributions (assets) at beginning of year2013-12-31$73,497
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$827,118
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
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
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 name2013-12-31SCHENCK SC
Accountancy firm EIN2013-12-31391173131
2012 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$1,399,932
Total of all expenses incurred2012-12-31$1,238,128
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,229,856
Expenses. Certain deemed distributions of participant loans2012-12-31$6,072
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$588,242
Value of total assets at end of year2012-12-31$7,070,175
Value of total assets at beginning of year2012-12-31$6,908,371
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$2,200
Total interest from all sources2012-12-31$17,464
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$114,315
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$114,315
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$5,000,000
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$491,467
Participant contributions at end of year2012-12-31$170,392
Participant contributions at beginning of year2012-12-31$195,928
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$23,278
Administrative expenses (other) incurred2012-12-31$2,200
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$161,804
Value of net assets at end of year (total assets less liabilities)2012-12-31$7,070,175
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$6,908,371
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$6,265,953
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$6,155,416
Interest on participant loans2012-12-31$8,412
Interest earned on other investments2012-12-31$9,052
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$470
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$2,770
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$2,770
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$559,863
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$470,598
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$679,911
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
Contributions received in cash from employer2012-12-31$73,497
Employer contributions (assets) at end of year2012-12-31$73,497
Employer contributions (assets) at beginning of year2012-12-31$83,659
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,229,856
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
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
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 name2012-12-31SCHENCK SC
Accountancy firm EIN2012-12-31391173131
2011 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$339,200
Total of all expenses incurred2011-12-31$501,879
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$496,639
Expenses. Certain deemed distributions of participant loans2011-12-31$3,040
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$614,239
Value of total assets at end of year2011-12-31$6,908,371
Value of total assets at beginning of year2011-12-31$7,071,050
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$2,200
Total interest from all sources2011-12-31$17,289
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$88,617
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$88,617
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$4,000,000
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$520,285
Participant contributions at end of year2011-12-31$195,928
Participant contributions at beginning of year2011-12-31$125,665
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$10,285
Administrative expenses (other) incurred2011-12-31$2,200
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-162,679
Value of net assets at end of year (total assets less liabilities)2011-12-31$6,908,371
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$7,071,050
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$6,155,416
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,507,615
Interest on participant loans2011-12-31$6,239
Interest earned on other investments2011-12-31$11,050
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$2,770
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$6,689
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$6,689
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$470,598
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$344,420
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-380,945
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 contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$83,669
Employer contributions (assets) at end of year2011-12-31$83,659
Employer contributions (assets) at beginning of year2011-12-31$86,661
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$496,639
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
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
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 name2011-12-31SCHENCK SC
Accountancy firm EIN2011-12-31391173131
2010 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$1,451,313
Total of all expenses incurred2010-12-31$511,669
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$510,519
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$638,297
Value of total assets at end of year2010-12-31$7,071,050
Value of total assets at beginning of year2010-12-31$6,131,406
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,150
Total interest from all sources2010-12-31$14,563
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$83,408
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$83,408
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$4,000,000
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$546,692
Participant contributions at end of year2010-12-31$125,665
Participant contributions at beginning of year2010-12-31$104,425
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$4,313
Administrative expenses (other) incurred2010-12-31$1,150
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$939,644
Value of net assets at end of year (total assets less liabilities)2010-12-31$7,071,050
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$6,131,406
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$6,507,615
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,585,788
Interest on participant loans2010-12-31$5,051
Interest earned on other investments2010-12-31$9,511
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$6,689
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$6,726
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$6,726
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$1
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$344,420
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$345,239
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$715,045
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
Contributions received in cash from employer2010-12-31$87,292
Employer contributions (assets) at end of year2010-12-31$86,661
Employer contributions (assets) at beginning of year2010-12-31$89,228
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$510,519
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
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
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 name2010-12-31SCHENCK SC
Accountancy firm EIN2010-12-31391173131
2009 : COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 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 COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST

2015: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
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: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: COMMUNITY BANK & TRUST 401K PROFIT SHARING PLAN & 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
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-04-15
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered184
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered195
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $781
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $781
Insurance broker organization code?3
Insurance broker nameCLEVELAND HAUSWIRTH INVESTMENT
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered190
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $756
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $756
Insurance broker organization code?3
Insurance broker nameCLEVELAND HAUSWIRTH INVESTMENT
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered199
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $592
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract numberYK51365
Policy instance 1
Insurance contract or identification numberYK51365
Number of Individuals Covered214
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $543
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $543
Insurance broker organization code?3
Insurance broker nameCLEVELAND HAUSWIRTH INVESTMENT MGMT

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