401k Plan data: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY plan

CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 401k Plan overview

Plan Name	CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY
Plan identification number	005

CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CBAI 401(K) MULTIPLE EMPLOYER PLAN OVERSIGHT COMMITTEE has sponsored the creation of one or more 401k plans.

Company Name: CBAI 401(K) MULTIPLE EMPLOYER PLAN OVERSIGHT COMMITTEE

Employer identification number (EIN): 464093684

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
005 2022-01-01
005 2021-01-01
005 2020-01-01 THAD COWARD 2021-10-08

Plan Statistics for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY

401k plan membership statisitcs for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY

Measure Date Value
2022: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2022 401k membership
Total participants, beginning-of-year 2022-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2021 401k membership
Total participants, beginning-of-year 2021-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 105
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 19
Total of all active and inactive participants 2021-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 124
Number of participants with account balances 2021-01-01 102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 3

Measure	Date	Value
2022: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2022 401k membership
Total participants, beginning-of-year	2022-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2021 401k membership
Total participants, beginning-of-year	2021-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	105
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	19
Total of all active and inactive participants	2021-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	124
Number of participants with account balances	2021-01-01	102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	3

Financial Data on CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY

Measure	Date	Value
2022 : CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$5,318,516
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	$434
Total income from all sources (including contributions)	2022-12-31	$-268,346
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,203,261
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,176,133
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$739,074
Value of total assets at end of year	2022-12-31	$0
Value of total assets at beginning of year	2022-12-31	$6,790,557
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$27,128
Total interest from all sources	2022-12-31	$1,410
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$160,358
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-12-31	$0
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$160,358
Administrative expenses professional fees incurred	2022-12-31	$27,128
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$467,718
Participant contributions at end of year	2022-12-31	$0
Participant contributions at beginning of year	2022-12-31	$14,619
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$50,556
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$162
Assets. Loans (other than to participants) at end of year	2022-12-31	$0
Assets. Loans (other than to participants) at beginning of year	2022-12-31	$29,257
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$434
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	$-1,471,607
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,790,123
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	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$3,561,474
Interest on participant loans	2022-12-31	$1,410
Value of interest in common/collective trusts at end of year	2022-12-31	$0
Value of interest in common/collective trusts at beginning of year	2022-12-31	$3,176,874
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-677,944
Net investment gain or loss from common/collective trusts	2022-12-31	$-491,244
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	No
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	$220,800
Employer contributions (assets) at end of year	2022-12-31	$0
Employer contributions (assets) at beginning of year	2022-12-31	$8,171
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,176,133
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	Yes
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	PLANCHECK CPAS LLC
Accountancy firm EIN	2022-12-31	842614035
2021 : CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 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	$434
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	$1,677,611
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$230,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$205,169
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$732,609
Value of total assets at end of year	2021-12-31	$6,790,557
Value of total assets at beginning of year	2021-12-31	$5,343,357
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$25,676
Total interest from all sources	2021-12-31	$1,396
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$248,460
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	$248,460
Administrative expenses professional fees incurred	2021-12-31	$25,676
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
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	$456,651
Participant contributions at end of year	2021-12-31	$14,619
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$39,437
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$162
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$0
Assets. Loans (other than to participants) at end of year	2021-12-31	$29,257
Assets. Loans (other than to participants) at beginning of year	2021-12-31	$25,689
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$434
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$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	2021-12-31	No
Value of net income/loss	2021-12-31	$1,446,766
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,790,123
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$5,343,357
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	$3,561,474
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$3,015,872
Interest on participant loans	2021-12-31	$1,392
Value of interest in common/collective trusts at end of year	2021-12-31	$3,176,874
Value of interest in common/collective trusts at beginning of year	2021-12-31	$2,301,796
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$342,762
Net investment gain or loss from common/collective trusts	2021-12-31	$352,384
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	No
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	$236,521
Employer contributions (assets) at end of year	2021-12-31	$8,171
Employer contributions (assets) at beginning of year	2021-12-31	$0
Income. Dividends from preferred stock	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$205,169
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	PLANCHECK CPAS LLC
Accountancy firm EIN	2021-12-31	842614035

Form 5500 Responses for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY

2022: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY SAUK VALLEY BANK & TRUST COMPANY 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	CBAI 401(K) MULTIPLE EMPLOYER PLAN OVERSIGHT COMMITTEE
Employer identification number (EIN):	464093684
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
005	2022-01-01
005	2021-01-01
005	2020-01-01	THAD COWARD	2021-10-08