401k Plan data: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK plan

PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 401k Plan overview

Plan Name	PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK
Plan identification number	001

PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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 403(b)(7) accounts - See Limited Pension Plan Reporting instructions for Code section 403(b)(7) custodial accounts for regulated investment company stock for certain exempt organizations.

401k Sponsoring company profile

PIEDMONT FEDERAL SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name: PIEDMONT FEDERAL SAVINGS BANK

Employer identification number (EIN): 560358476

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01 DAVID P BARKSDALE 2023-09-13
001 2021-01-01 DAVID P BARKSDALE 2022-10-16
001 2020-01-01 DAVID P BARKSDALE 2021-10-14
001 2019-01-01 DAVID P BARKSDALE 2020-08-18
001 2018-01-01 MICHAEL L HAUSER 2019-08-01
001 2017-01-01
001 2016-01-01 RICHARD F WAGNER JR
001 2015-01-01 RICHARD F WAGNER JR
001 2014-01-01 RICHARD F WAGNER JR
001 2013-01-01 RICHARD F WAGNER JR
001 2012-01-01 RICHARD F WAGNER JR
001 2011-01-01 RICHARD F WAGNER JR
001 2009-01-01 MICHAEL W. HENRY, CPA
001 2009-01-01 MICHAEL W. HENRY, CPA

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01	DAVID P BARKSDALE	2023-09-13
001	2021-01-01	DAVID P BARKSDALE	2022-10-16
001	2020-01-01	DAVID P BARKSDALE	2021-10-14
001	2019-01-01	DAVID P BARKSDALE	2020-08-18
001	2018-01-01	MICHAEL L HAUSER	2019-08-01
001	2017-01-01
001	2016-01-01	RICHARD F WAGNER JR
001	2015-01-01	RICHARD F WAGNER JR
001	2014-01-01	RICHARD F WAGNER JR
001	2013-01-01	RICHARD F WAGNER JR
001	2012-01-01	RICHARD F WAGNER JR
001	2011-01-01	RICHARD F WAGNER JR
001	2009-01-01	MICHAEL W. HENRY, CPA
001	2009-01-01	MICHAEL W. HENRY, CPA

Plan Statistics for PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK

401k plan membership statisitcs for PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK

Measure Date Value
2023: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2023 401k membership
Total participants, beginning-of-year 2023-01-01 175
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 119
Number of retired or separated participants receiving benefits 2023-01-01 21
Number of other retired or separated participants entitled to future benefits 2023-01-01 28
Total of all active and inactive participants 2023-01-01 168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 168
Number of participants with account balances 2023-01-01 164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 6
2022: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2022 401k membership
Total participants, beginning-of-year 2022-01-01 166
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 127
Number of retired or separated participants receiving benefits 2022-01-01 23
Number of other retired or separated participants entitled to future benefits 2022-01-01 25
Total of all active and inactive participants 2022-01-01 175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 175
Number of participants with account balances 2022-01-01 169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 7
2021: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2021 401k membership
Total participants, beginning-of-year 2021-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 125
Number of retired or separated participants receiving benefits 2021-01-01 13
Number of other retired or separated participants entitled to future benefits 2021-01-01 25
Total of all active and inactive participants 2021-01-01 163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 164
Number of participants with account balances 2021-01-01 162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 6
2020: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2020 401k membership
Total participants, beginning-of-year 2020-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 111
Number of retired or separated participants receiving benefits 2020-01-01 12
Number of other retired or separated participants entitled to future benefits 2020-01-01 24
Total of all active and inactive participants 2020-01-01 147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 148
Number of participants with account balances 2020-01-01 148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2019 401k membership
Total participants, beginning-of-year 2019-01-01 134
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 110
Number of retired or separated participants receiving benefits 2019-01-01 7
Number of other retired or separated participants entitled to future benefits 2019-01-01 12
Total of all active and inactive participants 2019-01-01 129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 129
Number of participants with account balances 2019-01-01 129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 5
2018: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2018 401k membership
Total participants, beginning-of-year 2018-01-01 138
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 105
Number of retired or separated participants receiving benefits 2018-01-01 15
Number of other retired or separated participants entitled to future benefits 2018-01-01 11
Total of all active and inactive participants 2018-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 131
Number of participants with account balances 2018-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 2
2017: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2017 401k membership
Total participants, beginning-of-year 2017-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 108
Number of retired or separated participants receiving benefits 2017-01-01 11
Number of other retired or separated participants entitled to future benefits 2017-01-01 9
Total of all active and inactive participants 2017-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 128
Number of participants with account balances 2017-01-01 128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 1
2016: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2016 401k membership
Total participants, beginning-of-year 2016-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 125
Number of retired or separated participants receiving benefits 2016-01-01 11
Number of other retired or separated participants entitled to future benefits 2016-01-01 6
Total of all active and inactive participants 2016-01-01 142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 142
Number of participants with account balances 2016-01-01 127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 2
2015: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2015 401k membership
Total participants, beginning-of-year 2015-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 129
Number of retired or separated participants receiving benefits 2015-01-01 6
Number of other retired or separated participants entitled to future benefits 2015-01-01 7
Total of all active and inactive participants 2015-01-01 142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 142
Number of participants with account balances 2015-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2014 401k membership
Total participants, beginning-of-year 2014-01-01 132
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 116
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 8
Total of all active and inactive participants 2014-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 124
Number of participants with account balances 2014-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1
2013: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2013 401k membership
Total participants, beginning-of-year 2013-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 111
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 14
Total of all active and inactive participants 2013-01-01 125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 125
Number of participants with account balances 2013-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 3
2012: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2012 401k membership
Total participants, beginning-of-year 2012-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 114
Number of other retired or separated participants entitled to future benefits 2012-01-01 6
Total of all active and inactive participants 2012-01-01 120
Total participants 2012-01-01 120
Number of participants with account balances 2012-01-01 120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 3
2011: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2011 401k membership
Total participants, beginning-of-year 2011-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 115
Number of other retired or separated participants entitled to future benefits 2011-01-01 6
Total of all active and inactive participants 2011-01-01 121
Total participants 2011-01-01 121
Number of participants with account balances 2011-01-01 121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2009 401k membership
Total participants, beginning-of-year 2009-01-01 118
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 103
Number of other retired or separated participants entitled to future benefits 2009-01-01 13
Total of all active and inactive participants 2009-01-01 116
Total participants 2009-01-01 116
Number of participants with account balances 2009-01-01 116

Measure	Date	Value
2023: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2023 401k membership
Total participants, beginning-of-year	2023-01-01	175
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	119
Number of retired or separated participants receiving benefits	2023-01-01	21
Number of other retired or separated participants entitled to future benefits	2023-01-01	28
Total of all active and inactive participants	2023-01-01	168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	168
Number of participants with account balances	2023-01-01	164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	6
2022: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2022 401k membership
Total participants, beginning-of-year	2022-01-01	166
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	127
Number of retired or separated participants receiving benefits	2022-01-01	23
Number of other retired or separated participants entitled to future benefits	2022-01-01	25
Total of all active and inactive participants	2022-01-01	175
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	175
Number of participants with account balances	2022-01-01	169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	7
2021: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2021 401k membership
Total participants, beginning-of-year	2021-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	125
Number of retired or separated participants receiving benefits	2021-01-01	13
Number of other retired or separated participants entitled to future benefits	2021-01-01	25
Total of all active and inactive participants	2021-01-01	163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	164
Number of participants with account balances	2021-01-01	162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	6
2020: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2020 401k membership
Total participants, beginning-of-year	2020-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	111
Number of retired or separated participants receiving benefits	2020-01-01	12
Number of other retired or separated participants entitled to future benefits	2020-01-01	24
Total of all active and inactive participants	2020-01-01	147
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	148
Number of participants with account balances	2020-01-01	148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2019 401k membership
Total participants, beginning-of-year	2019-01-01	134
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	110
Number of retired or separated participants receiving benefits	2019-01-01	7
Number of other retired or separated participants entitled to future benefits	2019-01-01	12
Total of all active and inactive participants	2019-01-01	129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	129
Number of participants with account balances	2019-01-01	129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	5
2018: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2018 401k membership
Total participants, beginning-of-year	2018-01-01	138
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	105
Number of retired or separated participants receiving benefits	2018-01-01	15
Number of other retired or separated participants entitled to future benefits	2018-01-01	11
Total of all active and inactive participants	2018-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	131
Number of participants with account balances	2018-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	2
2017: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2017 401k membership
Total participants, beginning-of-year	2017-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	108
Number of retired or separated participants receiving benefits	2017-01-01	11
Number of other retired or separated participants entitled to future benefits	2017-01-01	9
Total of all active and inactive participants	2017-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	128
Number of participants with account balances	2017-01-01	128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	1
2016: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2016 401k membership
Total participants, beginning-of-year	2016-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	125
Number of retired or separated participants receiving benefits	2016-01-01	11
Number of other retired or separated participants entitled to future benefits	2016-01-01	6
Total of all active and inactive participants	2016-01-01	142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	142
Number of participants with account balances	2016-01-01	127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	2
2015: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2015 401k membership
Total participants, beginning-of-year	2015-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	129
Number of retired or separated participants receiving benefits	2015-01-01	6
Number of other retired or separated participants entitled to future benefits	2015-01-01	7
Total of all active and inactive participants	2015-01-01	142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	142
Number of participants with account balances	2015-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2014 401k membership
Total participants, beginning-of-year	2014-01-01	132
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	116
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	8
Total of all active and inactive participants	2014-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	124
Number of participants with account balances	2014-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1
2013: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2013 401k membership
Total participants, beginning-of-year	2013-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	111
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	14
Total of all active and inactive participants	2013-01-01	125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	125
Number of participants with account balances	2013-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	3
2012: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2012 401k membership
Total participants, beginning-of-year	2012-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	114
Number of other retired or separated participants entitled to future benefits	2012-01-01	6
Total of all active and inactive participants	2012-01-01	120
Total participants	2012-01-01	120
Number of participants with account balances	2012-01-01	120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	3
2011: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2011 401k membership
Total participants, beginning-of-year	2011-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	115
Number of other retired or separated participants entitled to future benefits	2011-01-01	6
Total of all active and inactive participants	2011-01-01	121
Total participants	2011-01-01	121
Number of participants with account balances	2011-01-01	121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2009 401k membership
Total participants, beginning-of-year	2009-01-01	118
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	103
Number of other retired or separated participants entitled to future benefits	2009-01-01	13
Total of all active and inactive participants	2009-01-01	116
Total participants	2009-01-01	116
Number of participants with account balances	2009-01-01	116

Financial Data on PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK

Measure	Date	Value
2023 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
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	$3,369,298
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$4,994,123
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$4,945,587
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$1,462,593
Value of total assets at end of year	2023-12-31	$17,653,482
Value of total assets at beginning of year	2023-12-31	$19,278,307
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$48,536
Total interest from all sources	2023-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$204,529
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
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	$521,802
Participant contributions at end of year	2023-12-31	$15,808
Participant contributions at beginning of year	2023-12-31	$14,546
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$134,289
Total non interest bearing cash at end of year	2023-12-31	$496
Total non interest bearing cash at beginning of year	2023-12-31	$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	2023-12-31	No
Value of net income/loss	2023-12-31	$-1,624,825
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$17,653,482
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$19,278,307
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	$11,236,170
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$9,739,049
Value of interest in common/collective trusts at end of year	2023-12-31	$5,573,658
Value of interest in common/collective trusts at beginning of year	2023-12-31	$8,163,725
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$121,062
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$121,062
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,524,608
Net investment gain or loss from common/collective trusts	2023-12-31	$177,568
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	$806,502
Employer contributions (assets) at end of year	2023-12-31	$827,350
Employer contributions (assets) at beginning of year	2023-12-31	$1,239,925
Income. Dividends from common stock	2023-12-31	$204,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$4,945,587
Contract administrator fees	2023-12-31	$48,536
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	ELLIOTT DAVIS PLLC
Accountancy firm EIN	2023-12-31	570381582
2022 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
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	$-411,023
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$2,808,404
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$2,756,171
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,726,217
Value of total assets at end of year	2022-12-31	$19,278,307
Value of total assets at beginning of year	2022-12-31	$22,497,734
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$52,233
Total interest from all sources	2022-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$165,752
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	$165,752
Administrative expenses professional fees incurred	2022-12-31	$52,233
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
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	$492,175
Participant contributions at end of year	2022-12-31	$14,546
Participant contributions at beginning of year	2022-12-31	$15,218
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$26,707
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	$-3,219,427
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$19,278,307
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$22,497,734
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	$9,739,049
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$12,637,710
Value of interest in common/collective trusts at end of year	2022-12-31	$8,163,725
Value of interest in common/collective trusts at beginning of year	2022-12-31	$8,673,572
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$121,062
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$29,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$29,700
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,491,705
Net investment gain or loss from common/collective trusts	2022-12-31	$188,713
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	$1,207,335
Employer contributions (assets) at end of year	2022-12-31	$1,239,925
Employer contributions (assets) at beginning of year	2022-12-31	$1,141,534
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$2,756,171
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	ELLIOTT DAVIS PLLC
Accountancy firm EIN	2022-12-31	570381582
2021 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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	$3,635,279
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,226,605
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,170,765
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,590,528
Value of total assets at end of year	2021-12-31	$22,497,734
Value of total assets at beginning of year	2021-12-31	$20,089,060
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$55,840
Total interest from all sources	2021-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$578,448
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	$578,448
Administrative expenses professional fees incurred	2021-12-31	$55,840
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$380,338
Participant contributions at end of year	2021-12-31	$15,218
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$72,352
Other income not declared elsewhere	2021-12-31	$747
Total non interest bearing cash 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	$2,408,674
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$22,497,734
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$20,089,060
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	$12,637,710
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$10,300,088
Value of interest in common/collective trusts at end of year	2021-12-31	$8,673,572
Value of interest in common/collective trusts at beginning of year	2021-12-31	$8,784,213
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$29,700
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$4,230
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$4,230
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,313,239
Net investment gain or loss from common/collective trusts	2021-12-31	$152,317
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	$1,137,838
Employer contributions (assets) at end of year	2021-12-31	$1,141,534
Employer contributions (assets) at beginning of year	2021-12-31	$1,000,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,170,765
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	ELLIOTT DAVIS PLLC
Accountancy firm EIN	2021-12-31	570381582
2020 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2020 401k financial data
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	$3,179,929
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$6,466,042
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$6,419,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,408,113
Value of total assets at end of year	2020-12-31	$20,089,060
Value of total assets at beginning of year	2020-12-31	$23,375,173
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$46,072
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$238,590
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	$238,590
Administrative expenses professional fees incurred	2020-12-31	$36,322
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
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	$402,499
Other income not declared elsewhere	2020-12-31	$8,621
Administrative expenses (other) incurred	2020-12-31	$9,750
Total non interest bearing cash at end of year	2020-12-31	$0
Total non interest bearing cash at beginning of year	2020-12-31	$5,349,383
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	$-3,286,113
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$20,089,060
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$23,375,173
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	$10,300,088
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$8,946,364
Value of interest in common/collective trusts at end of year	2020-12-31	$8,784,213
Value of interest in common/collective trusts at beginning of year	2020-12-31	$9,069,865
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$4,230
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$9,561
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$9,561
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,279,852
Net investment gain or loss from common/collective trusts	2020-12-31	$244,753
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	$1,005,614
Employer contributions (assets) at end of year	2020-12-31	$1,000,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$6,419,970
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	ELLIOT DAVIS, PLLC
Accountancy firm EIN	2020-12-31	570381582
2019 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
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	$3,524,605
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$974,687
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$939,358
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,541,864
Value of total assets at end of year	2019-12-31	$23,375,173
Value of total assets at beginning of year	2019-12-31	$20,825,255
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$35,329
Total interest from all sources	2019-12-31	$58,132
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$164,810
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	$164,810
Administrative expenses professional fees incurred	2019-12-31	$27,029
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
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	$332,980
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$47,585
Other income not declared elsewhere	2019-12-31	$35,004
Administrative expenses (other) incurred	2019-12-31	$8,300
Total non interest bearing cash at end of year	2019-12-31	$5,349,383
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	$2,549,918
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$23,375,173
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$20,825,255
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	$8,946,364
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$6,534,314
Value of interest in common/collective trusts at end of year	2019-12-31	$9,069,865
Value of interest in common/collective trusts at beginning of year	2019-12-31	$7,790,756
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$9,561
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$6,500,185
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$6,500,185
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$58,132
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,491,681
Net investment gain or loss from common/collective trusts	2019-12-31	$233,114
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	$1,161,299
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$939,358
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	ELLIOT DAVIS, PLLC
Accountancy firm EIN	2019-12-31	570381582
2018 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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	$1,505,894
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$3,938,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$3,906,534
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,632,054
Value of total assets at end of year	2018-12-31	$20,825,255
Value of total assets at beginning of year	2018-12-31	$23,258,206
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$32,311
Total interest from all sources	2018-12-31	$68,199
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$325,572
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	$325,572
Administrative expenses professional fees incurred	2018-12-31	$25,034
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$5,000,000
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	$344,900
Participant contributions at beginning of year	2018-12-31	$10,469
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$107,280
Other income not declared elsewhere	2018-12-31	$31,787
Administrative expenses (other) incurred	2018-12-31	$7,277
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	$-2,432,951
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$20,825,255
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$23,258,206
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	$6,534,314
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$6,276,414
Value of interest in common/collective trusts at end of year	2018-12-31	$7,790,756
Value of interest in common/collective trusts at beginning of year	2018-12-31	$6,874,101
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2018-12-31	$6,500,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2018-12-31	$10,097,222
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2018-12-31	$10,097,222
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2018-12-31	$68,199
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-753,640
Net investment gain or loss from common/collective trusts	2018-12-31	$201,922
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	$1,179,874
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$3,906,534
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	ELLIOTT DAVIS, PLLC
Accountancy firm EIN	2018-12-31	570381582
2017 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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	$2,624,088
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$1,537,396
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$1,506,978
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,542,779
Value of total assets at end of year	2017-12-31	$23,258,206
Value of total assets at beginning of year	2017-12-31	$22,171,514
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$30,418
Total interest from all sources	2017-12-31	$96,986
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$196,030
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	$196,030
Administrative expenses professional fees incurred	2017-12-31	$24,247
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$5,000,000
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	$339,140
Participant contributions at end of year	2017-12-31	$10,469
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$20,813
Other income not declared elsewhere	2017-12-31	$30,078
Administrative expenses (other) incurred	2017-12-31	$6,171
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	$1,086,692
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$23,258,206
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$22,171,514
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	$6,276,414
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$4,689,413
Value of interest in common/collective trusts at end of year	2017-12-31	$6,874,101
Value of interest in common/collective trusts at beginning of year	2017-12-31	$6,416,096
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$10,097,222
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$11,066,005
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$11,066,005
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$96,986
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$600,356
Net investment gain or loss from common/collective trusts	2017-12-31	$157,859
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	$1,182,826
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$1,506,978
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	ELLIOTT DAVIS, PLLC
Accountancy firm EIN	2017-12-31	570381582
2016 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$2,285,455
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,457,281
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,431,663
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,601,441
Value of total assets at end of year	2016-12-31	$22,171,514
Value of total assets at beginning of year	2016-12-31	$21,343,340
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$25,618
Total interest from all sources	2016-12-31	$119,262
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$144,450
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	$144,450
Administrative expenses professional fees incurred	2016-12-31	$20,312
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$5,000,000
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	$303,144
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$106,873
Other income not declared elsewhere	2016-12-31	$25,339
Administrative expenses (other) incurred	2016-12-31	$5,306
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	$828,174
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$22,171,514
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$21,343,340
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	$4,689,413
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$3,806,583
Value of interest in common/collective trusts at end of year	2016-12-31	$6,416,096
Value of interest in common/collective trusts at beginning of year	2016-12-31	$6,046,627
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$11,066,005
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$11,490,130
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$11,490,130
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$119,262
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$266,779
Net investment gain or loss from common/collective trusts	2016-12-31	$128,184
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	$1,191,424
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,431,663
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	ELLIOTT DAVIS DECISOMO, PLLC
Accountancy firm EIN	2016-12-31	570381582
2015 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,767,531
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$2,375,132
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$2,351,158
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,432,285
Value of total assets at end of year	2015-12-31	$21,343,340
Value of total assets at beginning of year	2015-12-31	$21,950,941
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$23,974
Total interest from all sources	2015-12-31	$141,835
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$69,862
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	$69,862
Administrative expenses professional fees incurred	2015-12-31	$19,626
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$284,729
Other income not declared elsewhere	2015-12-31	$23,853
Administrative expenses (other) incurred	2015-12-31	$4,348
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	$-607,601
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$21,343,340
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$21,950,941
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	$3,806,583
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$2,752,167
Value of interest in common/collective trusts at end of year	2015-12-31	$6,046,627
Value of interest in common/collective trusts at beginning of year	2015-12-31	$2,726,030
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$11,490,130
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2015-12-31	$16,472,744
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2015-12-31	$16,472,744
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$141,835
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-27,437
Net investment gain or loss from common/collective trusts	2015-12-31	$127,133
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
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	$1,147,556
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$2,351,158
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	No
Opinion of an independent qualified public accountant for this plan	2015-12-31	Unqualified
Accountancy firm name	2015-12-31	MICHAEL W HENRY CPA
Accountancy firm EIN	2015-12-31	561664197
2014 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
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	$2,013,596
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$1,323,125
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$1,313,108
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$1,388,205
Value of total assets at end of year	2014-12-31	$21,950,941
Value of total assets at beginning of year	2014-12-31	$21,260,470
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$10,017
Total interest from all sources	2014-12-31	$282,428
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Administrative expenses professional fees incurred	2014-12-31	$8,030
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$271,774
Other income not declared elsewhere	2014-12-31	$9,962
Administrative expenses (other) incurred	2014-12-31	$1,987
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	$690,471
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$21,950,941
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$21,260,470
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	$2,752,167
Value of interest in common/collective trusts at end of year	2014-12-31	$2,726,030
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2014-12-31	$16,472,744
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2014-12-31	$21,260,470
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2014-12-31	$21,260,470
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$282,428
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$275,454
Net investment gain or loss from common/collective trusts	2014-12-31	$57,547
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	No
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	$1,116,431
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$1,313,108
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	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	MICHAEL W HENRY CPA
Accountancy firm EIN	2014-12-31	561664197
2013 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,804,943
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$183,910
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$183,910
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$1,350,357
Value of total assets at end of year	2013-12-31	$21,260,470
Value of total assets at beginning of year	2013-12-31	$19,639,437
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$0
Total interest from all sources	2013-12-31	$454,586
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$3,000,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$226,364
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	$1,621,033
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$21,260,470
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$19,639,437
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 bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$21,260,470
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$19,639,437
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$19,639,437
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$454,586
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	No
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	$1,123,993
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$183,910
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	No
Opinion of an independent qualified public accountant for this plan	2013-12-31	Unqualified
Accountancy firm name	2013-12-31	MICHAEL W. HENRY CPA
Accountancy firm EIN	2013-12-31	561664197
2012 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2012 401k financial data
Total income from all sources (including contributions)	2012-12-31	$1,736,170
Total of all expenses incurred	2012-12-31	$437,107
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$437,107
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,297,963
Value of total assets at end of year	2012-12-31	$19,639,437
Value of total assets at beginning of year	2012-12-31	$18,340,374
Total interest from all sources	2012-12-31	$438,207
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$228,845
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	$1,299,063
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$19,639,437
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$18,340,374
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 bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$19,639,437
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$18,340,374
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$18,340,374
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$438,207
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	$1,069,118
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$437,107
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	No
Opinion of an independent qualified public accountant for this plan	2012-12-31	Unqualified
Accountancy firm name	2012-12-31	MICHAEL W HENRY CPA
Accountancy firm EIN	2012-12-31	561664197
2011 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2011 401k financial data
Total income from all sources (including contributions)	2011-12-31	$1,615,940
Total of all expenses incurred	2011-12-31	$1,915,182
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$1,915,182
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$1,172,214
Value of total assets at end of year	2011-12-31	$18,340,374
Value of total assets at beginning of year	2011-12-31	$18,639,616
Total interest from all sources	2011-12-31	$443,726
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$176,050
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	$-299,242
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$18,340,374
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$18,639,616
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 bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$18,340,374
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$18,639,616
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$18,639,616
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$443,726
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	$996,164
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$1,915,182
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	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	MICHAEL W HENRY CPA
Accountancy firm EIN	2011-12-31	561664197
2010 : PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$8,103
Total unrealized appreciation/depreciation of assets	2010-12-31	$8,103
Total income from all sources (including contributions)	2010-12-31	$1,649,025
Total of all expenses incurred	2010-12-31	$4,077,953
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$4,077,953
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$1,096,237
Value of total assets at end of year	2010-12-31	$18,639,616
Value of total assets at beginning of year	2010-12-31	$21,068,544
Total interest from all sources	2010-12-31	$544,685
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	No
Value of fidelity bond cover	2010-12-31	$3,000,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$125,558
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	$-2,428,928
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$18,639,616
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$21,068,544
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
Income. Interest from US Government securities	2010-12-31	$70,200
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$18,639,616
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$17,376,647
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$17,376,647
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$474,485
Asset value of US Government securities at beginning of year	2010-12-31	$3,691,897
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	$970,679
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$4,077,953
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	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	MICHAEL W. HENRY, CPA
Accountancy firm EIN	2010-12-31	561664197

Form 5500 Responses for PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK

2023: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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	No
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 funding arrangement – General assets of the sponsor	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 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 funding arrangement – General assets of the sponsor	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: PROFIT SHARING RETIREMENT PLAN OF PIEDMONT FEDERAL SAVINGS BANK 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan funding arrangement – General assets of the sponsor	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2009-01-01	Plan benefit arrangement – General assets of the sponsor	Yes

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Company Name:	PIEDMONT FEDERAL SAVINGS BANK
Employer identification number (EIN):	560358476
NAIC Classification:	522120
NAIC Description:	Savings Institutions