401k Plan data: METROPOLITAN CAPITAL 401(K) PLAN plan

METROPOLITAN CAPITAL 401(K) PLAN 401k Plan overview

Plan Name	METROPOLITAN CAPITAL 401(K) PLAN
Plan identification number	001

METROPOLITAN CAPITAL 401(K) PLAN 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

METROPOLITAN CAPITAL BANK & TRUST has sponsored the creation of one or more 401k plans.

Company Name: METROPOLITAN CAPITAL BANK & TRUST

Employer identification number (EIN): 562487422

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan METROPOLITAN CAPITAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 JERRY L. FRUMP 2024-07-25
001 2022-01-01 JERRY L. FRUMP 2023-09-18
001 2021-01-01 JERRY L. FRUMP 2022-07-21
001 2020-01-01 JERRY L. FRUMP 2021-07-25
001 2019-01-01 JERRY L. FRUMP 2020-10-07
001 2018-01-01 JERRY L. FRUMP 2019-10-09
001 2017-01-01
001 2016-01-01
001 2015-01-01 JERRY L. FRUMP
001 2014-01-01 JERRY L. FRUMP
001 2013-01-01 JERRY L. FRUMP
001 2012-01-01 MARIA SILVA
001 2011-01-01 NICHOLAS GIBSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	JERRY L. FRUMP	2024-07-25
001	2022-01-01	JERRY L. FRUMP	2023-09-18
001	2021-01-01	JERRY L. FRUMP	2022-07-21
001	2020-01-01	JERRY L. FRUMP	2021-07-25
001	2019-01-01	JERRY L. FRUMP	2020-10-07
001	2018-01-01	JERRY L. FRUMP	2019-10-09
001	2017-01-01
001	2016-01-01
001	2015-01-01	JERRY L. FRUMP
001	2014-01-01	JERRY L. FRUMP
001	2013-01-01	JERRY L. FRUMP
001	2012-01-01	MARIA SILVA
001	2011-01-01	NICHOLAS GIBSON

Plan Statistics for METROPOLITAN CAPITAL 401(K) PLAN

401k plan membership statisitcs for METROPOLITAN CAPITAL 401(K) PLAN

Measure Date Value
2023: METROPOLITAN CAPITAL 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 84
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 53
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 37
Total of all active and inactive participants 2023-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 1
Total participants 2023-01-01 91
Number of participants with account balances 2023-01-01 82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: METROPOLITAN CAPITAL 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 77
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 44
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 38
Total of all active and inactive participants 2022-01-01 82
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 83
Number of participants with account balances 2022-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: METROPOLITAN CAPITAL 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 39
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 37
Total of all active and inactive participants 2021-01-01 76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 1
Total participants 2021-01-01 77
Number of participants with account balances 2021-01-01 71
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: METROPOLITAN CAPITAL 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 67
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 39
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 30
Total of all active and inactive participants 2020-01-01 69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 1
Total participants 2020-01-01 70
Number of participants with account balances 2020-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: METROPOLITAN CAPITAL 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 64
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 36
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 29
Total of all active and inactive participants 2019-01-01 65
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 1
Total participants 2019-01-01 66
Number of participants with account balances 2019-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: METROPOLITAN CAPITAL 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 71
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 39
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 25
Total of all active and inactive participants 2018-01-01 64
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 64
Number of participants with account balances 2018-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: METROPOLITAN CAPITAL 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 62
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 51
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 20
Total of all active and inactive participants 2017-01-01 71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 71
Number of participants with account balances 2017-01-01 65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: METROPOLITAN CAPITAL 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 51
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 50
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 12
Total of all active and inactive participants 2016-01-01 62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 62
Number of participants with account balances 2016-01-01 57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: METROPOLITAN CAPITAL 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 42
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 8
Total of all active and inactive participants 2015-01-01 50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 50
Number of participants with account balances 2015-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: METROPOLITAN CAPITAL 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 35
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 5
Total of all active and inactive participants 2014-01-01 40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 40
Number of participants with account balances 2014-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: METROPOLITAN CAPITAL 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 30
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 5
Total of all active and inactive participants 2013-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 35
Number of participants with account balances 2013-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: METROPOLITAN CAPITAL 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 28
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 2
Total of all active and inactive participants 2012-01-01 30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 30
Number of participants with account balances 2012-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: METROPOLITAN CAPITAL 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 25
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 25
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 2
Total of all active and inactive participants 2011-01-01 27
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 27
Number of participants with account balances 2011-01-01 24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2023: METROPOLITAN CAPITAL 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	84
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	53
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	37
Total of all active and inactive participants	2023-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	1
Total participants	2023-01-01	91
Number of participants with account balances	2023-01-01	82
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: METROPOLITAN CAPITAL 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	77
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	44
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	38
Total of all active and inactive participants	2022-01-01	82
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	83
Number of participants with account balances	2022-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: METROPOLITAN CAPITAL 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	39
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	37
Total of all active and inactive participants	2021-01-01	76
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	1
Total participants	2021-01-01	77
Number of participants with account balances	2021-01-01	71
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: METROPOLITAN CAPITAL 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	67
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	39
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	30
Total of all active and inactive participants	2020-01-01	69
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	1
Total participants	2020-01-01	70
Number of participants with account balances	2020-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: METROPOLITAN CAPITAL 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	64
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	36
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	29
Total of all active and inactive participants	2019-01-01	65
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	1
Total participants	2019-01-01	66
Number of participants with account balances	2019-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: METROPOLITAN CAPITAL 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	71
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	39
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	25
Total of all active and inactive participants	2018-01-01	64
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	64
Number of participants with account balances	2018-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: METROPOLITAN CAPITAL 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	62
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	51
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	20
Total of all active and inactive participants	2017-01-01	71
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	71
Number of participants with account balances	2017-01-01	65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: METROPOLITAN CAPITAL 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	51
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	50
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	12
Total of all active and inactive participants	2016-01-01	62
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	62
Number of participants with account balances	2016-01-01	57
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: METROPOLITAN CAPITAL 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	42
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	8
Total of all active and inactive participants	2015-01-01	50
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	50
Number of participants with account balances	2015-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: METROPOLITAN CAPITAL 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	35
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	5
Total of all active and inactive participants	2014-01-01	40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	40
Number of participants with account balances	2014-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: METROPOLITAN CAPITAL 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	30
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	5
Total of all active and inactive participants	2013-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	35
Number of participants with account balances	2013-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: METROPOLITAN CAPITAL 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	28
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	2
Total of all active and inactive participants	2012-01-01	30
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	30
Number of participants with account balances	2012-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: METROPOLITAN CAPITAL 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	25
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	25
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	2
Total of all active and inactive participants	2011-01-01	27
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	27
Number of participants with account balances	2011-01-01	24
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on METROPOLITAN CAPITAL 401(K) PLAN

Measure	Date	Value
2023 : METROPOLITAN CAPITAL 401(K) PLAN 2023 401k financial data
Total income from all sources	2023-12-31	$1,620,065
Expenses. Total of all expenses incurred	2023-12-31	$134,032
Benefits paid (including direct rollovers)	2023-12-31	$99,872
Total plan assets at end of year	2023-12-31	$4,971,364
Total plan assets at beginning of year	2023-12-31	$3,485,331
Value of fidelity bond covering the plan	2023-12-31	$500,000
Total contributions received or receivable from participants	2023-12-31	$431,669
Contributions received from other sources (not participants or employers)	2023-12-31	$339,320
Other income received	2023-12-31	$650,225
Net income (gross income less expenses)	2023-12-31	$1,486,033
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$4,971,364
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$3,485,331
Assets. Value of participant loans	2023-12-31	$24,971
Assets. Value of employer securities	2023-12-31	$121,726
Total contributions received or receivable from employer(s)	2023-12-31	$198,851
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$34,160
2022 : METROPOLITAN CAPITAL 401(K) PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-43,531
Expenses. Total of all expenses incurred	2022-12-31	$78,111
Benefits paid (including direct rollovers)	2022-12-31	$52,095
Total plan assets at end of year	2022-12-31	$3,485,331
Total plan assets at beginning of year	2022-12-31	$3,606,973
Value of fidelity bond covering the plan	2022-12-31	$500,000
Total contributions received or receivable from participants	2022-12-31	$351,374
Contributions received from other sources (not participants or employers)	2022-12-31	$96,544
Other income received	2022-12-31	$-558,773
Net income (gross income less expenses)	2022-12-31	$-121,642
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$3,485,331
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$3,606,973
Assets. Value of participant loans	2022-12-31	$34,121
Assets. Value of employer securities	2022-12-31	$133,120
Total contributions received or receivable from employer(s)	2022-12-31	$67,324
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$26,016
2021 : METROPOLITAN CAPITAL 401(K) PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$880,934
Expenses. Total of all expenses incurred	2021-12-31	$322,781
Benefits paid (including direct rollovers)	2021-12-31	$296,397
Total plan assets at end of year	2021-12-31	$3,606,973
Total plan assets at beginning of year	2021-12-31	$3,048,820
Value of fidelity bond covering the plan	2021-12-31	$500,000
Total contributions received or receivable from participants	2021-12-31	$322,813
Other income received	2021-12-31	$513,994
Net income (gross income less expenses)	2021-12-31	$558,153
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$3,606,973
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$3,048,820
Assets. Value of participant loans	2021-12-31	$47,341
Assets. Value of employer securities	2021-12-31	$121,424
Total contributions received or receivable from employer(s)	2021-12-31	$44,127
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$26,384
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : METROPOLITAN CAPITAL 401(K) PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$650,111
Expenses. Total of all expenses incurred	2020-12-31	$55,393
Benefits paid (including direct rollovers)	2020-12-31	$35,175
Total plan assets at end of year	2020-12-31	$3,048,820
Total plan assets at beginning of year	2020-12-31	$2,454,102
Value of fidelity bond covering the plan	2020-12-31	$300,000
Total contributions received or receivable from participants	2020-12-31	$270,062
Other income received	2020-12-31	$337,834
Net income (gross income less expenses)	2020-12-31	$594,718
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$3,048,820
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,454,102
Assets. Value of participant loans	2020-12-31	$60,928
Assets. Value of employer securities	2020-12-31	$87,059
Total contributions received or receivable from employer(s)	2020-12-31	$42,215
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$20,218
2019 : METROPOLITAN CAPITAL 401(K) PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$699,244
Expenses. Total of all expenses incurred	2019-12-31	$105,794
Benefits paid (including direct rollovers)	2019-12-31	$83,978
Total plan assets at end of year	2019-12-31	$2,454,102
Total plan assets at beginning of year	2019-12-31	$1,860,652
Value of fidelity bond covering the plan	2019-12-31	$300,000
Total contributions received or receivable from participants	2019-12-31	$271,572
Contributions received from other sources (not participants or employers)	2019-12-31	$11,495
Other income received	2019-12-31	$372,630
Net income (gross income less expenses)	2019-12-31	$593,450
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,454,102
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,860,652
Assets. Value of participant loans	2019-12-31	$60,980
Assets. Value of employer securities	2019-12-31	$92,726
Total contributions received or receivable from employer(s)	2019-12-31	$43,547
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$21,816
2018 : METROPOLITAN CAPITAL 401(K) PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$245,377
Expenses. Total of all expenses incurred	2018-12-31	$100,756
Benefits paid (including direct rollovers)	2018-12-31	$80,874
Total plan assets at end of year	2018-12-31	$1,860,652
Total plan assets at beginning of year	2018-12-31	$1,716,031
Value of fidelity bond covering the plan	2018-12-31	$300,000
Total contributions received or receivable from participants	2018-12-31	$343,998
Other income received	2018-12-31	$-143,400
Net income (gross income less expenses)	2018-12-31	$144,621
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,860,652
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,716,031
Assets. Value of participant loans	2018-12-31	$97,763
Assets. Value of employer securities	2018-12-31	$113,285
Total contributions received or receivable from employer(s)	2018-12-31	$44,779
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$19,882
2017 : METROPOLITAN CAPITAL 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$578,099
Expenses. Total of all expenses incurred	2017-12-31	$30,630
Benefits paid (including direct rollovers)	2017-12-31	$14,858
Total plan assets at end of year	2017-12-31	$1,716,031
Total plan assets at beginning of year	2017-12-31	$1,168,562
Value of fidelity bond covering the plan	2017-12-31	$100,000
Total contributions received or receivable from participants	2017-12-31	$309,814
Contributions received from other sources (not participants or employers)	2017-12-31	$3,925
Other income received	2017-12-31	$220,471
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$547,469
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,716,031
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,168,562
Assets. Value of participant loans	2017-12-31	$40,631
Assets. Value of employer securities	2017-12-31	$113,285
Total contributions received or receivable from employer(s)	2017-12-31	$43,889
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$15,772
2016 : METROPOLITAN CAPITAL 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$322,034
Expenses. Total of all expenses incurred	2016-12-31	$66,271
Benefits paid (including direct rollovers)	2016-12-31	$56,081
Total plan assets at end of year	2016-12-31	$1,168,562
Total plan assets at beginning of year	2016-12-31	$912,799
Value of fidelity bond covering the plan	2016-12-31	$100,000
Total contributions received or receivable from participants	2016-12-31	$226,418
Other income received	2016-12-31	$59,634
Net income (gross income less expenses)	2016-12-31	$255,763
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,168,562
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$912,799
Assets. Value of participant loans	2016-12-31	$11,281
Assets. Value of employer securities	2016-12-31	$105,490
Total contributions received or receivable from employer(s)	2016-12-31	$35,982
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$10,190
2015 : METROPOLITAN CAPITAL 401(K) PLAN 2015 401k financial data
Total income from all sources	2015-12-31	$175,588
Expenses. Total of all expenses incurred	2015-12-31	$58,935
Benefits paid (including direct rollovers)	2015-12-31	$55,212
Total plan assets at end of year	2015-12-31	$912,799
Total plan assets at beginning of year	2015-12-31	$796,146
Value of fidelity bond covering the plan	2015-12-31	$100,000
Total contributions received or receivable from participants	2015-12-31	$174,141
Other income received	2015-12-31	$1,447
Net income (gross income less expenses)	2015-12-31	$116,653
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$912,799
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$796,146
Assets. Value of participant loans	2015-12-31	$8,146
Assets. Value of employer securities	2015-12-31	$155,190
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$3,723
2014 : METROPOLITAN CAPITAL 401(K) PLAN 2014 401k financial data
Total income from all sources	2014-12-31	$157,337
Expenses. Total of all expenses incurred	2014-12-31	$87,526
Benefits paid (including direct rollovers)	2014-12-31	$83,421
Total plan assets at end of year	2014-12-31	$796,146
Total plan assets at beginning of year	2014-12-31	$726,335
Value of fidelity bond covering the plan	2014-12-31	$100,000
Total contributions received or receivable from participants	2014-12-31	$145,263
Other income received	2014-12-31	$12,074
Net income (gross income less expenses)	2014-12-31	$69,811
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$796,146
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$726,335
Assets. Value of participant loans	2014-12-31	$8,949
Assets. Value of employer securities	2014-12-31	$124,260
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$4,105
2013 : METROPOLITAN CAPITAL 401(K) PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$198,488
Expenses. Total of all expenses incurred	2013-12-31	$2,116
Total plan assets at end of year	2013-12-31	$726,335
Total plan assets at beginning of year	2013-12-31	$529,963
Value of fidelity bond covering the plan	2013-12-31	$100,000
Total contributions received or receivable from participants	2013-12-31	$132,961
Other income received	2013-12-31	$65,527
Net income (gross income less expenses)	2013-12-31	$196,372
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$726,335
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$529,963
Assets. Value of employer securities	2013-12-31	$131,760
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$2,116
2012 : METROPOLITAN CAPITAL 401(K) PLAN 2012 401k financial data
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$128,451
Expenses. Total of all expenses incurred	2012-12-31	$3,809
Benefits paid (including direct rollovers)	2012-12-31	$1,061
Total plan assets at end of year	2012-12-31	$529,963
Total plan assets at beginning of year	2012-12-31	$405,321
Value of fidelity bond covering the plan	2012-12-31	$100,000
Total contributions received or receivable from participants	2012-12-31	$95,076
Contributions received from other sources (not participants or employers)	2012-12-31	$2,533
Other income received	2012-12-31	$30,842
Net income (gross income less expenses)	2012-12-31	$124,642
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$529,963
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$405,321
Assets. Value of employer securities	2012-12-31	$131,760
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$2,748
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : METROPOLITAN CAPITAL 401(K) PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$71,818
Expenses. Total of all expenses incurred	2011-12-31	$7,485
Benefits paid (including direct rollovers)	2011-12-31	$4,903
Total plan assets at end of year	2011-12-31	$405,321
Total plan assets at beginning of year	2011-12-31	$340,988
Value of fidelity bond covering the plan	2011-12-31	$100,000
Total contributions received or receivable from participants	2011-12-31	$78,181
Expenses. Other expenses not covered elsewhere	2011-12-31	$0
Contributions received from other sources (not participants or employers)	2011-12-31	$0
Noncash contributions received	2011-12-31	$-6,363
Net income (gross income less expenses)	2011-12-31	$64,333
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$405,321
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$340,988
Assets. Value of employer securities	2011-12-31	$72,000
Total contributions received or receivable from employer(s)	2011-12-31	$0
Value of certain deemed distributions of participant loans	2011-12-31	$0
Value of corrective distributions	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$2,582
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : METROPOLITAN CAPITAL 401(K) PLAN 2010 401k financial data
Transfers to/from the plan	2010-12-31	$0
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$117,723
Expenses. Total of all expenses incurred	2010-12-31	$6,829
Benefits paid (including direct rollovers)	2010-12-31	$5,500
Total plan assets at end of year	2010-12-31	$340,988
Total plan assets at beginning of year	2010-12-31	$230,094
Value of fidelity bond covering the plan	2010-12-31	$25,000
Total contributions received or receivable from participants	2010-12-31	$73,516
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$44,207
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$110,894
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$340,988
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$230,094
Assets. Value of employer securities	2010-12-31	$56,688
Total contributions received or receivable from employer(s)	2010-12-31	$0
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$1,329
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for METROPOLITAN CAPITAL 401(K) PLAN

2023: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2022: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2021: METROPOLITAN CAPITAL 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2019: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2018: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2017: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2016: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2015: METROPOLITAN CAPITAL 401(K) PLAN 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 benefit arrangement - Trust	Yes
2014: METROPOLITAN CAPITAL 401(K) PLAN 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 – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: METROPOLITAN CAPITAL 401(K) PLAN 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 – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: METROPOLITAN CAPITAL 401(K) PLAN 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 – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: METROPOLITAN CAPITAL 401(K) PLAN 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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	METROPOLITAN CAPITAL BANK & TRUST
Employer identification number (EIN):	562487422
NAIC Classification:	522110
NAIC Description:	Commercial Banking