Plan Name | VILLAGE BANK 401K PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
|
Company Name: | VILLAGE BANK |
Employer identification number (EIN): | 431782925 |
NAIC Classification: | 522110 |
NAIC Description: | Commercial Banking |
Additional information about VILLAGE BANK
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1998-05-08 |
Company Identification Number: | 0502711 |
Legal Registered Office Address: |
13319 MIDLOTHIAN TURNPIKE 24TH FLOOR MIDLOTHIAN United States of America (USA) 23113 |
More information about VILLAGE BANK
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2010-01-01 | LESLIE CRAYTON CFO | |||
001 | 2009-01-01 | LESLIE CRAYTON |
Measure | Date | Value |
---|---|---|
2010: VILLAGE BANK 401K PLAN 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 31 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 20 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 16 |
Total of all active and inactive participants | 2010-01-01 | 36 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 0 |
Total participants | 2010-01-01 | 36 |
Number of participants with account balances | 2010-01-01 | 36 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 0 |
2009: VILLAGE BANK 401K PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 50 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 19 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 12 |
Total of all active and inactive participants | 2009-01-01 | 31 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 0 |
Total participants | 2009-01-01 | 31 |
Number of participants with account balances | 2009-01-01 | 31 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2010 : VILLAGE BANK 401K PLAN 2010 401k financial data | ||
Total income from all sources | 2010-12-31 | $97,635 |
Expenses. Total of all expenses incurred | 2010-12-31 | $66,228 |
Benefits paid (including direct rollovers) | 2010-12-31 | $62,461 |
Total plan assets at end of year | 2010-12-31 | $380,498 |
Total plan assets at beginning of year | 2010-12-31 | $349,091 |
Value of fidelity bond covering the plan | 2010-12-31 | $1,250,000 |
Total contributions received or receivable from participants | 2010-12-31 | $42,156 |
Other income received | 2010-12-31 | $36,005 |
Net income (gross income less expenses) | 2010-12-31 | $31,407 |
Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $380,498 |
Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $349,091 |
Total contributions received or receivable from employer(s) | 2010-12-31 | $19,474 |
Expenses. Administrative service providers (salaries,fees and commissions) | 2010-12-31 | $3,767 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
2009 : VILLAGE BANK 401K PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2010: VILLAGE BANK 401K PLAN 2010 form 5500 responses | ||
---|---|---|
2010-01-01 | Type of plan entity | Single employer plan |
2010-01-01 | Plan funding arrangement – Insurance | Yes |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement – Insurance | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |
2009: VILLAGE BANK 401K PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | Plan funding arrangement – Insurance | Yes |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement – Insurance | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |