STATE BANKSHARES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan STATE BANKSHARES 401(K) PROFIT SHARING PLAN
Measure | Date | Value |
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2023 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
Total transfer of assets to this plan | 2023-12-31 | $646 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
Total income from all sources (including contributions) | 2023-12-31 | $70,062,216 |
Total loss/gain on sale of assets | 2023-12-31 | $0 |
Total of all expenses incurred | 2023-12-31 | $18,884,908 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $18,847,963 |
Value of total corrective distributions | 2023-12-31 | $7,850 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $26,251,478 |
Value of total assets at end of year | 2023-12-31 | $275,361,058 |
Value of total assets at beginning of year | 2023-12-31 | $224,183,104 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $29,095 |
Total interest from all sources | 2023-12-31 | $103,876 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $2,448,492 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $2,448,492 |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
Contributions received from participants | 2023-12-31 | $14,201,290 |
Participant contributions at end of year | 2023-12-31 | $1,686,666 |
Participant contributions at beginning of year | 2023-12-31 | $1,652,685 |
Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $7,066,155 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Value of net income/loss | 2023-12-31 | $51,177,308 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $275,361,058 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $224,183,104 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $91,276,442 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $73,059,870 |
Interest on participant loans | 2023-12-31 | $103,876 |
Value of interest in common/collective trusts at end of year | 2023-12-31 | $182,397,950 |
Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $149,470,549 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $14,422,845 |
Net investment gain or loss from common/collective trusts | 2023-12-31 | $26,835,525 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
Contributions received in cash from employer | 2023-12-31 | $4,984,033 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $18,847,963 |
Contract administrator fees | 2023-12-31 | $1,550 |
Did the plan have assets held for investment | 2023-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
Accountancy firm name | 2023-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2023-12-31 | 450334950 |
2022 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2022 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total transfer of assets to this plan | 2022-12-31 | $78,632 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-19,043,956 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $8,487,958 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $8,461,538 |
Value of total corrective distributions | 2022-12-31 | $4,736 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $23,525,011 |
Value of total assets at end of year | 2022-12-31 | $224,183,104 |
Value of total assets at beginning of year | 2022-12-31 | $251,636,386 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $21,684 |
Total interest from all sources | 2022-12-31 | $67,702 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $2,414,937 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $2,414,937 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $14,472,917 |
Participant contributions at end of year | 2022-12-31 | $1,652,685 |
Participant contributions at beginning of year | 2022-12-31 | $1,411,402 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $5,612,841 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-27,531,914 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $224,183,104 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $251,636,386 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $73,059,870 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $85,214,501 |
Interest on participant loans | 2022-12-31 | $67,702 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $149,470,549 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $165,010,483 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-19,556,631 |
Net investment gain or loss from common/collective trusts | 2022-12-31 | $-25,494,975 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $3,439,253 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $8,461,538 |
Contract administrator fees | 2022-12-31 | $21,684 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | Yes |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2022-12-31 | 450334950 |
2021 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $53,373,576 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $7,355,782 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $7,311,460 |
Value of total corrective distributions | 2021-12-31 | $26,847 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $22,335,885 |
Value of total assets at end of year | 2021-12-31 | $251,636,386 |
Value of total assets at beginning of year | 2021-12-31 | $205,618,592 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $17,475 |
Total interest from all sources | 2021-12-31 | $69,437 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $3,910,974 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $3,910,974 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $12,782,793 |
Participant contributions at end of year | 2021-12-31 | $1,411,402 |
Participant contributions at beginning of year | 2021-12-31 | $1,385,076 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $6,518,436 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $46,017,794 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $251,636,386 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $205,618,592 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $85,214,501 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $70,453,077 |
Interest on participant loans | 2021-12-31 | $69,437 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $165,010,483 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $133,780,439 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $9,733,710 |
Net investment gain or loss from common/collective trusts | 2021-12-31 | $17,323,570 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $3,034,656 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $7,311,460 |
Contract administrator fees | 2021-12-31 | $17,475 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2021-12-31 | 450334950 |
2020 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $44,064,668 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $6,082,717 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,026,935 |
Value of total corrective distributions | 2020-12-31 | $6,510 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $16,796,217 |
Value of total assets at end of year | 2020-12-31 | $205,618,592 |
Value of total assets at beginning of year | 2020-12-31 | $167,636,641 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $49,272 |
Total interest from all sources | 2020-12-31 | $78,764 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $1,649,891 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $1,649,891 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $15,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $10,538,004 |
Participant contributions at end of year | 2020-12-31 | $1,385,076 |
Participant contributions at beginning of year | 2020-12-31 | $1,501,952 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $3,840,867 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $37,981,951 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $205,618,592 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $167,636,641 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $70,453,077 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $57,864,884 |
Interest on participant loans | 2020-12-31 | $78,764 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $133,780,439 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $108,269,805 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $9,603,812 |
Net investment gain or loss from common/collective trusts | 2020-12-31 | $15,935,984 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $2,417,346 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $6,026,935 |
Contract administrator fees | 2020-12-31 | $49,272 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | Yes |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2020-12-31 | 450334950 |
2019 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $3,784,752 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $42,372,025 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $6,132,461 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $6,066,222 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $13,925 |
Value of total corrective distributions | 2019-12-31 | $23,608 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $13,518,083 |
Value of total assets at end of year | 2019-12-31 | $167,636,641 |
Value of total assets at beginning of year | 2019-12-31 | $127,612,325 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $28,706 |
Total interest from all sources | 2019-12-31 | $85,711 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $2,272,923 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $2,272,923 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $7,849,653 |
Participant contributions at end of year | 2019-12-31 | $1,501,952 |
Participant contributions at beginning of year | 2019-12-31 | $1,609,538 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $3,679,928 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $36,239,564 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $167,636,641 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $127,612,325 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $57,864,884 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $41,983,102 |
Interest on participant loans | 2019-12-31 | $85,711 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $108,269,805 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $84,019,685 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $9,833,247 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $16,662,061 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $1,988,502 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $6,066,222 |
Contract administrator fees | 2019-12-31 | $28,706 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2019-12-31 | 450334950 |
2018 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2018 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $3,737,695 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $9,900,388 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $9,859,619 |
Value of total corrective distributions | 2018-12-31 | $14,926 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $10,203,295 |
Value of total assets at end of year | 2018-12-31 | $127,612,325 |
Value of total assets at beginning of year | 2018-12-31 | $133,775,018 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $25,843 |
Total interest from all sources | 2018-12-31 | $72,740 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $3,139,462 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $3,139,462 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $6,481,970 |
Participant contributions at end of year | 2018-12-31 | $1,609,538 |
Participant contributions at beginning of year | 2018-12-31 | $1,311,509 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $1,887,785 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-6,162,693 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $127,612,325 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $133,775,018 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $41,983,102 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $42,702,926 |
Interest on participant loans | 2018-12-31 | $72,740 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $84,019,685 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $89,760,583 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-6,424,881 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $-3,252,921 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,833,540 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $9,859,619 |
Contract administrator fees | 2018-12-31 | $25,843 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2018-12-31 | 450334950 |
2017 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2017 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $27,162,088 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $4,259,947 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $4,235,932 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $10,558,752 |
Value of total assets at end of year | 2017-12-31 | $133,775,018 |
Value of total assets at beginning of year | 2017-12-31 | $110,872,877 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $24,015 |
Total interest from all sources | 2017-12-31 | $50,298 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $2,249,178 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $2,249,178 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $5,801,862 |
Participant contributions at end of year | 2017-12-31 | $1,311,509 |
Participant contributions at beginning of year | 2017-12-31 | $956,811 |
Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $2,581,966 |
Other income not declared elsewhere | 2017-12-31 | $16,041 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $22,902,141 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $133,775,018 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $110,872,877 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $42,702,926 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $31,177,911 |
Interest on participant loans | 2017-12-31 | $50,298 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $89,760,583 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $78,738,155 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $4,912,822 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $9,374,997 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $2,174,924 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $4,235,932 |
Contract administrator fees | 2017-12-31 | $24,015 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2017-12-31 | 450334950 |
2016 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2016 401k financial data |
---|
Total income from all sources (including contributions) | 2016-12-31 | $20,919,797 |
Total of all expenses incurred | 2016-12-31 | $5,089,041 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $5,065,563 |
Value of total corrective distributions | 2016-12-31 | $385 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $13,108,325 |
Value of total assets at end of year | 2016-12-31 | $110,872,877 |
Value of total assets at beginning of year | 2016-12-31 | $95,042,121 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $23,093 |
Total interest from all sources | 2016-12-31 | $42,314 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $1,564,691 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $1,564,691 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $5,400,786 |
Participant contributions at end of year | 2016-12-31 | $956,811 |
Participant contributions at beginning of year | 2016-12-31 | $991,467 |
Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $2,378,571 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $15,830,756 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $110,872,877 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $95,042,121 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $31,177,911 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $24,194,175 |
Interest on participant loans | 2016-12-31 | $42,314 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $78,738,155 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $69,856,479 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $1,430,437 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $4,774,030 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $5,328,968 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $5,065,563 |
Contract administrator fees | 2016-12-31 | $23,093 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2016-12-31 | 450334950 |
2015 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2015 401k financial data |
---|
Total income from all sources (including contributions) | 2015-12-31 | $8,997,918 |
Total of all expenses incurred | 2015-12-31 | $5,118,351 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,105,319 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $9,765,590 |
Value of total assets at end of year | 2015-12-31 | $95,042,121 |
Value of total assets at beginning of year | 2015-12-31 | $91,162,554 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $13,032 |
Total interest from all sources | 2015-12-31 | $42,792 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $1,832,007 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $1,832,007 |
Administrative expenses professional fees incurred | 2015-12-31 | $13,032 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $4,982,939 |
Participant contributions at end of year | 2015-12-31 | $991,467 |
Participant contributions at beginning of year | 2015-12-31 | $1,039,660 |
Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $0 |
Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $129,798 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $604,225 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $3,879,567 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $95,042,121 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $91,162,554 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $24,194,175 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $22,273,484 |
Interest on participant loans | 2015-12-31 | $42,792 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $69,856,479 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $67,719,612 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-1,939,214 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $-703,257 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $4,178,426 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $5,105,319 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2015-12-31 | 450334950 |
2014 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2014 401k financial data |
---|
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $18,797,895 |
Total of all expenses incurred | 2014-12-31 | $6,069,891 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $6,046,572 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $12,882,602 |
Value of total assets at end of year | 2014-12-31 | $91,162,554 |
Value of total assets at beginning of year | 2014-12-31 | $78,434,550 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $23,319 |
Total interest from all sources | 2014-12-31 | $42,887 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $1,218,385 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $1,218,385 |
Administrative expenses professional fees incurred | 2014-12-31 | $23,319 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $4,462,192 |
Participant contributions at end of year | 2014-12-31 | $1,039,660 |
Participant contributions at beginning of year | 2014-12-31 | $1,076,305 |
Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $129,798 |
Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $3,583,617 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $12,728,004 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $91,162,554 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $78,434,550 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $22,273,484 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $17,975,621 |
Interest on participant loans | 2014-12-31 | $42,887 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $67,719,612 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $59,382,624 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $255,448 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $4,398,573 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $4,836,793 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $6,046,572 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2014-12-31 | 450334950 |
2013 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total transfer of assets to this plan | 2013-12-31 | $231,649 |
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 |
Total income from all sources (including contributions) | 2013-12-31 | $19,180,391 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $2,013,083 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,998,639 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $8,248,507 |
Value of total assets at end of year | 2013-12-31 | $78,434,547 |
Value of total assets at beginning of year | 2013-12-31 | $61,267,239 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $14,444 |
Total interest from all sources | 2013-12-31 | $35,605 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $634,133 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $634,133 |
Administrative expenses professional fees incurred | 2013-12-31 | $14,444 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2013-12-31 | $0 |
Minimum employer required contribution for this plan year | 2013-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $4,380,358 |
Participant contributions at end of year | 2013-12-31 | $1,076,305 |
Participant contributions at beginning of year | 2013-12-31 | $611,806 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $3,902,815 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $15,882 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $17,167,308 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $78,434,547 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $61,267,239 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $17,975,621 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $10,075,855 |
Interest on participant loans | 2013-12-31 | $35,605 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $59,382,621 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $46,627,050 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $2,948,673 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $7,313,473 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $-34,666 |
Employer contributions (assets) at end of year | 2013-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $3,936,646 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,998,639 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | Yes |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2013-12-31 | 450334950 |
2012 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2012 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $13,924,534 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $1,416,942 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,404,832 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $8,749,003 |
Value of total assets at end of year | 2012-12-31 | $61,267,239 |
Value of total assets at beginning of year | 2012-12-31 | $48,759,647 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $12,110 |
Total interest from all sources | 2012-12-31 | $26,135 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $160,648 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $160,648 |
Administrative expenses professional fees incurred | 2012-12-31 | $7,150 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2012-12-31 | $0 |
Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $3,120,377 |
Participant contributions at end of year | 2012-12-31 | $611,806 |
Participant contributions at beginning of year | 2012-12-31 | $548,340 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $1,711,698 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $15,882 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $22,140 |
Administrative expenses (other) incurred | 2012-12-31 | $4,960 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $12,507,592 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $61,267,239 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $48,759,647 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $10,075,855 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $7,457,334 |
Interest on participant loans | 2012-12-31 | $26,135 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $46,627,050 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $37,655,255 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,676,397 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $3,312,351 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $3,916,928 |
Employer contributions (assets) at end of year | 2012-12-31 | $3,936,646 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $3,076,578 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,404,832 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2012-12-31 | 450334950 |
2011 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2011 401k financial data |
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Total transfer of assets to this plan | 2011-12-31 | $18,227 |
Total income from all sources (including contributions) | 2011-12-31 | $9,636,171 |
Total of all expenses incurred | 2011-12-31 | $2,088,627 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $2,083,027 |
Value of total corrective distributions | 2011-12-31 | $20 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $10,708,733 |
Value of total assets at end of year | 2011-12-31 | $48,759,647 |
Value of total assets at beginning of year | 2011-12-31 | $41,193,876 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $5,580 |
Total interest from all sources | 2011-12-31 | $25,116 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $98,539 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $98,539 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2011-12-31 | $0 |
Minimum employer required contribution for this plan year | 2011-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $2,582,037 |
Participant contributions at end of year | 2011-12-31 | $548,340 |
Participant contributions at beginning of year | 2011-12-31 | $372,031 |
Participant contributions at end of year | 2011-12-31 | $22,140 |
Participant contributions at beginning of year | 2011-12-31 | $19 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $5,089,380 |
Administrative expenses (other) incurred | 2011-12-31 | $5,580 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $7,547,544 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $48,759,647 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $41,193,876 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $7,457,334 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $6,209,401 |
Interest on participant loans | 2011-12-31 | $25,116 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $37,655,255 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $32,696,672 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-380,418 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $-815,799 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $3,037,316 |
Employer contributions (assets) at end of year | 2011-12-31 | $3,076,578 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $1,915,753 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $2,083,027 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2011-12-31 | 450334950 |
2010 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2010 401k financial data |
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Total income from all sources (including contributions) | 2010-12-31 | $7,791,961 |
Total of all expenses incurred | 2010-12-31 | $2,031,542 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,027,652 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $4,103,734 |
Value of total assets at end of year | 2010-12-31 | $41,193,876 |
Value of total assets at beginning of year | 2010-12-31 | $35,433,457 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $3,890 |
Total interest from all sources | 2010-12-31 | $15,609 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $87,128 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $87,128 |
Administrative expenses professional fees incurred | 2010-12-31 | $500 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $0 |
Minimum employer required contribution for this plan year | 2010-12-31 | $0 |
Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | Yes |
Amount of non-exempt transactions with any party-in-interest | 2010-12-31 | $7,202 |
Contributions received from participants | 2010-12-31 | $1,707,381 |
Participant contributions at end of year | 2010-12-31 | $372,031 |
Participant contributions at beginning of year | 2010-12-31 | $314,580 |
Participant contributions at end of year | 2010-12-31 | $19 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $550,254 |
Administrative expenses (other) incurred | 2010-12-31 | $3,390 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $5,760,419 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $41,193,876 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $35,433,457 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $6,209,401 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $5,754,504 |
Interest on participant loans | 2010-12-31 | $15,609 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $32,696,672 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $28,471,415 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $860,793 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $2,724,697 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $1,846,099 |
Employer contributions (assets) at end of year | 2010-12-31 | $1,915,753 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $892,958 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,027,652 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | WIDMER ROEL PC |
Accountancy firm EIN | 2010-12-31 | 450334950 |
2009 : STATE BANKSHARES 401(K) PROFIT SHARING PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |