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PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 401k Plan overview

Plan NamePRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN
Plan identification number 002

PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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

BUSINESS BANCORPORATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:BUSINESS BANCORPORATION, INC.
Employer identification number (EIN):411925502
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022014-01-01KERRY NESS
0022013-01-01KERRY NESS
0022012-01-01KERRY NESS KERRY NESS2013-12-11
0022011-01-01DEE ZAJICEK DEE ZAJICEK2013-02-01
0022010-01-01STEPHANIE HUBBARD
0022009-01-01STEPHANIE HUBBARD

Plan Statistics for PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN

401k plan membership statisitcs for PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN

Measure Date Value
2014: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01314
Total number of active participants reported on line 7a of the Form 55002014-01-010
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-010
Number of participants with account balances2014-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01252
Total number of active participants reported on line 7a of the Form 55002013-01-01174
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-01140
Total of all active and inactive participants2013-01-01314
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01314
Number of participants with account balances2013-01-01302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01218
Total number of active participants reported on line 7a of the Form 55002012-01-01178
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0173
Total of all active and inactive participants2012-01-01251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01252
Number of participants with account balances2012-01-01231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01211
Total number of active participants reported on line 7a of the Form 55002011-01-01164
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0153
Total of all active and inactive participants2011-01-01217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01218
Number of participants with account balances2011-01-01199
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01201
Total number of active participants reported on line 7a of the Form 55002010-01-01166
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0144
Total of all active and inactive participants2010-01-01210
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-01211
Number of participants with account balances2010-01-01202
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01168
Total number of active participants reported on line 7a of the Form 55002009-01-01165
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0136
Total of all active and inactive participants2009-01-01201
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01201
Number of participants with account balances2009-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN

Measure Date Value
2014 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-02-11$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-02-11$0
Total unrealized appreciation/depreciation of assets2014-02-11$0
Total transfer of assets to this plan2014-02-11$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-02-11$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-02-11$0
Expenses. Interest paid2014-02-11$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-02-11$0
Total income from all sources (including contributions)2014-02-11$-84,617
Total loss/gain on sale of assets2014-02-11$-28,442
Total of all expenses incurred2014-02-11$7,860,443
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-02-11$7,811,797
Expenses. Certain deemed distributions of participant loans2014-02-11$48,571
Value of total corrective distributions2014-02-11$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-02-11$0
Value of total assets at end of year2014-02-11$0
Value of total assets at beginning of year2014-02-11$7,945,060
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-02-11$75
Total income from rents2014-02-11$0
Total interest from all sources2014-02-11$905
Total dividends received (eg from common stock, registered investment company shares)2014-02-11$899
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-02-11Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2014-02-11$0
Total dividends received from registered investment company shares (eg mutual funds)2014-02-11$899
Assets. Real estate other than employer real property at end of year2014-02-11$0
Assets. Real estate other than employer real property at beginning of year2014-02-11$0
Administrative expenses professional fees incurred2014-02-11$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2014-02-11$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-02-11$0
Was this plan covered by a fidelity bond2014-02-11Yes
Value of fidelity bond cover2014-02-11$2,250,000
If this is an individual account plan, was there a blackout period2014-02-11No
Were there any nonexempt tranactions with any party-in-interest2014-02-11No
Contributions received from participants2014-02-11$0
Participant contributions at end of year2014-02-11$0
Participant contributions at beginning of year2014-02-11$67,872
Participant contributions at end of year2014-02-11$0
Participant contributions at beginning of year2014-02-11$0
Assets. Other investments not covered elsewhere at end of year2014-02-11$0
Assets. Other investments not covered elsewhere at beginning of year2014-02-11$0
Income. Received or receivable in cash from other sources (including rollovers)2014-02-11$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2014-02-11$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-02-11$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-02-11$0
Assets. Loans (other than to participants) at end of year2014-02-11$0
Assets. Loans (other than to participants) at beginning of year2014-02-11$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-02-11$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-02-11$0
Other income not declared elsewhere2014-02-11$0
Administrative expenses (other) incurred2014-02-11$75
Liabilities. Value of operating payables at end of year2014-02-11$0
Liabilities. Value of operating payables at beginning of year2014-02-11$0
Total non interest bearing cash at end of year2014-02-11$0
Total non interest bearing cash at beginning of year2014-02-11$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-02-11No
Income. Non cash contributions2014-02-11$0
Value of net income/loss2014-02-11$-7,945,060
Value of net assets at end of year (total assets less liabilities)2014-02-11$0
Value of net assets at beginning of year (total assets less liabilities)2014-02-11$7,945,060
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-02-11No
Were any loans by the plan or fixed income obligations due to the plan in default2014-02-11No
Were any leases to which the plan was party in default or uncollectible2014-02-11No
Assets. partnership/joint venture interests at end of year2014-02-11$0
Assets. partnership/joint venture interests at beginning of year2014-02-11$0
Investment advisory and management fees2014-02-11$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-02-11$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-02-11$6,349,686
Value of interest in pooled separate accounts at end of year2014-02-11$0
Value of interest in pooled separate accounts at beginning of year2014-02-11$0
Interest on participant loans2014-02-11$902
Income. Interest from loans (other than to participants)2014-02-11$0
Interest earned on other investments2014-02-11$0
Income. Interest from US Government securities2014-02-11$0
Income. Interest from corporate debt instruments2014-02-11$0
Value of interest in master investment trust accounts at end of year2014-02-11$0
Value of interest in master investment trust accounts at beginning of year2014-02-11$0
Value of interest in common/collective trusts at end of year2014-02-11$0
Value of interest in common/collective trusts at beginning of year2014-02-11$404,036
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-02-11$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-02-11$311,222
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-02-11$311,222
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-02-11$3
Assets. Value of investments in 103.12 investment entities at end of year2014-02-11$0
Assets. Value of investments in 103.12 investment entities at beginning of year2014-02-11$0
Expenses. Payments to insurance carriers foe the provision of benefits2014-02-11$0
Asset value of US Government securities at end of year2014-02-11$0
Asset value of US Government securities at beginning of year2014-02-11$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-02-11$-50,457
Net investment gain/loss from pooled separate accounts2014-02-11$0
Net investment gain or loss from common/collective trusts2014-02-11$-7,522
Net gain/loss from 103.12 investment entities2014-02-11$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-02-11No
Was there a failure to transmit to the plan any participant contributions2014-02-11No
Has the plan failed to provide any benefit when due under the plan2014-02-11No
Assets. Invements in employer securities at end of year2014-02-11$0
Assets. Invements in employer securities at beginning of year2014-02-11$0
Assets. Value of employer real property at end of year2014-02-11$0
Assets. Value of employer real property at beginning of year2014-02-11$0
Contributions received in cash from employer2014-02-11$0
Employer contributions (assets) at end of year2014-02-11$0
Employer contributions (assets) at beginning of year2014-02-11$0
Income. Dividends from preferred stock2014-02-11$0
Income. Dividends from common stock2014-02-11$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-02-11$7,811,797
Asset. Corporate debt instrument preferred debt at end of year2014-02-11$0
Asset. Corporate debt instrument preferred debt at beginning of year2014-02-11$0
Asset. Corporate debt instrument debt (other) at end of year2014-02-11$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-02-11$0
Contract administrator fees2014-02-11$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-02-11No
Assets. Corporate common stocks other than exployer securities at end of year2014-02-11$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-02-11$812,244
Liabilities. Value of benefit claims payable at end of year2014-02-11$0
Liabilities. Value of benefit claims payable at beginning of year2014-02-11$0
Assets. Value of buildings and other operty used in plan operation at end of year2014-02-11$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2014-02-11$0
Did the plan have assets held for investment2014-02-11No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-02-11No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-02-11Yes
Aggregate proceeds on sale of assets2014-02-11$783,802
Aggregate carrying amount (costs) on sale of assets2014-02-11$812,244
Liabilities. Value of acquisition indebtedness at end of year2014-02-11$0
Liabilities. Value of acquisition indebtedness at beginning of year2014-02-11$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-02-11Yes
Opinion of an independent qualified public accountant for this plan2014-02-11Disclaimer
Accountancy firm name2014-02-11RICHEY, MAY & CO., LLP
Accountancy firm EIN2014-02-11710911208
2013 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$39,896
Total unrealized appreciation/depreciation of assets2013-12-31$39,896
Total transfer of assets to this plan2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Expenses. Interest paid2013-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022013-12-31$0
Total income from all sources (including contributions)2013-12-31$4,802,206
Total loss/gain on sale of assets2013-12-31$83,084
Total of all expenses incurred2013-12-31$16,310,750
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$16,113,675
Expenses. Certain deemed distributions of participant loans2013-12-31$35,237
Value of total corrective distributions2013-12-31$107,763
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,683,416
Value of total assets at end of year2013-12-31$7,945,060
Value of total assets at beginning of year2013-12-31$19,453,604
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$54,075
Total income from rents2013-12-31$0
Total interest from all sources2013-12-31$9,290
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$570,544
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$562,803
Assets. Real estate other than employer real property at end of year2013-12-31$0
Assets. Real estate other than employer real property at beginning of year2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2013-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$2,250,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$647,804
Participant contributions at end of year2013-12-31$67,872
Participant contributions at beginning of year2013-12-31$320,754
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$0
Assets. Other investments not covered elsewhere at end of year2013-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$92,989
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Assets. Loans (other than to participants) at end of year2013-12-31$0
Assets. Loans (other than to participants) at beginning of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Other income not declared elsewhere2013-12-31$0
Administrative expenses (other) incurred2013-12-31$54,075
Liabilities. Value of operating payables at end of year2013-12-31$0
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$63,915
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
Income. Non cash contributions2013-12-31$0
Value of net income/loss2013-12-31$-11,508,544
Value of net assets at end of year (total assets less liabilities)2013-12-31$7,945,060
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$19,453,604
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
Assets. partnership/joint venture interests at end of year2013-12-31$0
Assets. partnership/joint venture interests at beginning of year2013-12-31$0
Investment advisory and management fees2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$6,349,686
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$15,873,714
Value of interest in pooled separate accounts at end of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$0
Interest on participant loans2013-12-31$9,123
Income. Interest from loans (other than to participants)2013-12-31$0
Interest earned on other investments2013-12-31$0
Income. Interest from US Government securities2013-12-31$0
Income. Interest from corporate debt instruments2013-12-31$0
Value of interest in master investment trust accounts at end of year2013-12-31$0
Value of interest in master investment trust accounts at beginning of year2013-12-31$0
Value of interest in common/collective trusts at end of year2013-12-31$404,036
Value of interest in common/collective trusts at beginning of year2013-12-31$865,581
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$311,222
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$1,115,914
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$1,115,914
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$167
Assets. Value of investments in 103.12 investment entities at end of year2013-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2013-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2013-12-31$0
Asset value of US Government securities at end of year2013-12-31$0
Asset value of US Government securities at beginning of year2013-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$2,427,688
Net investment gain/loss from pooled separate accounts2013-12-31$0
Net investment gain or loss from common/collective trusts2013-12-31$-11,712
Net gain/loss from 103.12 investment entities2013-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$0
Assets. Invements in employer securities at beginning of year2013-12-31$0
Assets. Value of employer real property at end of year2013-12-31$0
Assets. Value of employer real property at beginning of year2013-12-31$0
Contributions received in cash from employer2013-12-31$942,623
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$0
Income. Dividends from preferred stock2013-12-31$0
Income. Dividends from common stock2013-12-31$7,741
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$16,113,675
Asset. Corporate debt instrument preferred debt at end of year2013-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$0
Contract administrator fees2013-12-31$0
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
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$812,244
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$1,213,726
Liabilities. Value of benefit claims payable at end of year2013-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$1,387,963
Aggregate carrying amount (costs) on sale of assets2013-12-31$1,304,879
Liabilities. Value of acquisition indebtedness at end of year2013-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$0
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 name2013-12-31RICHEY, MAY & CO., LLP
Accountancy firm EIN2013-12-31710911208
2012 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$110,587
Total unrealized appreciation/depreciation of assets2012-12-31$110,587
Total income from all sources (including contributions)2012-12-31$5,283,321
Total loss/gain on sale of assets2012-12-31$207,837
Total of all expenses incurred2012-12-31$716,423
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$673,089
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$2,943,208
Value of total assets at end of year2012-12-31$19,453,604
Value of total assets at beginning of year2012-12-31$14,886,706
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$43,334
Total interest from all sources2012-12-31$15,407
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$485,174
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$479,188
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,250,000
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$1,277,059
Participant contributions at end of year2012-12-31$320,754
Participant contributions at beginning of year2012-12-31$243,636
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$23,115
Administrative expenses (other) incurred2012-12-31$43,334
Total non interest bearing cash at end of year2012-12-31$63,915
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$4,566,898
Value of net assets at end of year (total assets less liabilities)2012-12-31$19,453,604
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$14,886,706
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$15,873,714
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$12,153,324
Interest on participant loans2012-12-31$15,273
Value of interest in common/collective trusts at end of year2012-12-31$865,581
Value of interest in common/collective trusts at beginning of year2012-12-31$881,854
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1,115,914
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$999,517
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$999,517
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$134
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$1,509,119
Net investment gain or loss from common/collective trusts2012-12-31$11,989
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 contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$1,643,034
Income. Dividends from common stock2012-12-31$5,986
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$673,089
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
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$1,213,726
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$608,375
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$1,094,974
Aggregate carrying amount (costs) on sale of assets2012-12-31$887,137
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31RICHEY, MAY & CO., LLP
Accountancy firm EIN2012-12-31710911208
2011 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-225,206
Total unrealized appreciation/depreciation of assets2011-12-31$-225,206
Total income from all sources (including contributions)2011-12-31$674,989
Total loss/gain on sale of assets2011-12-31$-29,633
Total of all expenses incurred2011-12-31$1,137,780
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,084,205
Expenses. Certain deemed distributions of participant loans2011-12-31$49,465
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,527,605
Value of total assets at end of year2011-12-31$14,886,706
Value of total assets at beginning of year2011-12-31$15,349,497
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$4,110
Total interest from all sources2011-12-31$19,178
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$328,316
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$326,175
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$2,250,000
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$938,273
Participant contributions at end of year2011-12-31$243,636
Participant contributions at beginning of year2011-12-31$259,071
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$87,053
Administrative expenses (other) incurred2011-12-31$4,110
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$9,379
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-462,791
Value of net assets at end of year (total assets less liabilities)2011-12-31$14,886,706
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$15,349,497
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$12,153,324
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$12,579,140
Interest on participant loans2011-12-31$19,069
Value of interest in common/collective trusts at end of year2011-12-31$881,854
Value of interest in common/collective trusts at beginning of year2011-12-31$863,779
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$999,517
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$883,004
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$883,004
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$109
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-967,625
Net investment gain or loss from common/collective trusts2011-12-31$22,354
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$502,279
Income. Dividends from common stock2011-12-31$2,141
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,084,205
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
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$608,375
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$755,124
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$1,158,164
Aggregate carrying amount (costs) on sale of assets2011-12-31$1,187,797
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 name2011-12-31RICHARD MAY & COMPANY
Accountancy firm EIN2011-12-31710911208
2010 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$171,266
Total unrealized appreciation/depreciation of assets2010-12-31$171,266
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$4,051,964
Total loss/gain on sale of assets2010-12-31$33,406
Total of all expenses incurred2010-12-31$570,702
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$550,585
Expenses. Certain deemed distributions of participant loans2010-12-31$17,177
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$2,084,157
Value of total assets at end of year2010-12-31$15,349,497
Value of total assets at beginning of year2010-12-31$11,868,235
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$2,940
Total interest from all sources2010-12-31$19,173
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$184,871
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$182,604
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
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$1,026,566
Participant contributions at end of year2010-12-31$259,071
Participant contributions at beginning of year2010-12-31$230,422
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$12,853
Administrative expenses (other) incurred2010-12-31$2,940
Total non interest bearing cash at end of year2010-12-31$9,379
Total non interest bearing cash at beginning of year2010-12-31$11,657
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$3,481,262
Value of net assets at end of year (total assets less liabilities)2010-12-31$15,349,497
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$11,868,235
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$12,579,140
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$9,549,916
Interest on participant loans2010-12-31$18,883
Value of interest in common/collective trusts at end of year2010-12-31$863,779
Value of interest in common/collective trusts at beginning of year2010-12-31$622,528
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$883,004
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,094,504
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,094,504
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$290
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$1,531,165
Net investment gain or loss from common/collective trusts2010-12-31$27,926
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 contributions2010-12-31Yes
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$1,044,738
Income. Dividends from common stock2010-12-31$2,267
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$550,585
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
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$755,124
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$359,208
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$433,062
Aggregate carrying amount (costs) on sale of assets2010-12-31$399,656
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 name2010-12-31RICHEY MAY & CO LLP
Accountancy firm EIN2010-12-31710911208
2009 : PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT 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 PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN

2014: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingYes
2014-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: PRIME MORTGAGE DIVISION EMPLOYEE RETIREMENT 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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