THE PALMETTO BANK PENSION PLAN has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE PALMETTO BANK 401(K) RETIREMENT PLAN
Measure | Date | Value |
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2016 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2016 401k financial data |
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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 | $1,237 |
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 | $552,817 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $10,914,856 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $10,891,376 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
Value of total assets at end of year | 2016-12-31 | $966,453 |
Value of total assets at beginning of year | 2016-12-31 | $11,327,255 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $23,480 |
Total interest from all sources | 2016-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $70,054 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2016-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $70,054 |
Administrative expenses professional fees incurred | 2016-12-31 | $23,480 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $7,000,000 |
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 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $75 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $0 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $1,237 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Total non interest bearing cash at end of year | 2016-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-10,362,039 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $965,216 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $11,327,255 |
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 | $916,816 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $9,955,801 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $48,399 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $1,371,453 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $1,163 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $1 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $1 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $467,268 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $15,495 |
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 |
Assets. Invements in employer securities at end of year | 2016-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2016-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $10,891,376 |
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 DECOSIMO, LLC |
Accountancy firm EIN | 2016-12-31 | 570381582 |
2015 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2015 401k financial data |
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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 | $627,742 |
Total loss/gain on sale of assets | 2015-12-31 | $21,114 |
Total of all expenses incurred | 2015-12-31 | $1,503,813 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,473,298 |
Value of total corrective distributions | 2015-12-31 | $26,110 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $659,821 |
Value of total assets at end of year | 2015-12-31 | $11,327,255 |
Value of total assets at beginning of year | 2015-12-31 | $12,203,326 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $4,405 |
Total interest from all sources | 2015-12-31 | $2 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $456,109 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2015-12-31 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $456,109 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $7,000,000 |
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 | $497,890 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $66,311 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2015-12-31 | $34 |
Administrative expenses (other) incurred | 2015-12-31 | $4,405 |
Total non interest bearing cash at end of year | 2015-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $52 |
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 | $-876,071 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $11,327,255 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $12,203,326 |
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 | $9,955,801 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $10,740,920 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $1,371,453 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $1,323,196 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $1 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $2 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-509,304 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Assets. Invements in employer securities at end of year | 2015-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2015-12-31 | $139,158 |
Contributions received in cash from employer | 2015-12-31 | $95,620 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,473,264 |
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 |
Aggregate proceeds on sale of assets | 2015-12-31 | $159,390 |
Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $138,276 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | ELLIOTT DAVIS DECOSIMO, LLC |
Accountancy firm EIN | 2015-12-31 | 570381582 |
2014 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2014 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $30,967 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $30,967 |
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 | $1,982,503 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $2,091,623 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $2,048,036 |
Value of total corrective distributions | 2014-12-31 | $38,212 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,101,349 |
Value of total assets at end of year | 2014-12-31 | $12,203,326 |
Value of total assets at beginning of year | 2014-12-31 | $12,312,446 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $5,375 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $429,739 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $429,739 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $7,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $702,644 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $312,060 |
Other income not declared elsewhere | 2014-12-31 | $5,549 |
Administrative expenses (other) incurred | 2014-12-31 | $5,375 |
Total non interest bearing cash at end of year | 2014-12-31 | $52 |
Total non interest bearing cash at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $-109,120 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $12,203,326 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $12,312,446 |
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 | $10,740,920 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $10,712,255 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $1,323,196 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $1,441,237 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $399,720 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $15,179 |
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 |
Assets. Invements in employer securities at end of year | 2014-12-31 | $139,158 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $158,954 |
Contributions received in cash from employer | 2014-12-31 | $86,645 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $2,048,036 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | ELLIOTT DAVIS DECOSIMO, LLC |
Accountancy firm EIN | 2014-12-31 | 570381582 |
2013 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2013 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2013-12-31 | $59,765 |
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $59,765 |
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 | $3,290,119 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $2,244,715 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $2,222,360 |
Value of total corrective distributions | 2013-12-31 | $21,254 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $922,238 |
Value of total assets at end of year | 2013-12-31 | $12,312,446 |
Value of total assets at beginning of year | 2013-12-31 | $11,267,042 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,101 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $299,931 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $299,931 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $7,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $755,944 |
Participant contributions at end of year | 2013-12-31 | $0 |
Participant contributions at beginning of year | 2013-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $137,681 |
Administrative expenses (other) incurred | 2013-12-31 | $1,101 |
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 | $1,045,404 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $12,312,446 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $11,267,042 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $10,712,255 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $9,781,019 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $1,441,237 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $1,379,057 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $1,135,240 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $872,945 |
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 |
Assets. Invements in employer securities at end of year | 2013-12-31 | $158,954 |
Assets. Invements in employer securities at beginning of year | 2013-12-31 | $106,966 |
Contributions received in cash from employer | 2013-12-31 | $28,613 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $2,222,360 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | ELLIOTT DAVIS, LLC |
Accountancy firm EIN | 2013-12-31 | 570381582 |
2012 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2012 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $53,337 |
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $53,337 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $2,281,198 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $1,797,220 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,776,234 |
Value of total corrective distributions | 2012-12-31 | $19,793 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $807,667 |
Value of total assets at end of year | 2012-12-31 | $11,267,042 |
Value of total assets at beginning of year | 2012-12-31 | $10,783,064 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,193 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $315,624 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $315,624 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $7,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $799,476 |
Participant contributions at end of year | 2012-12-31 | $0 |
Participant contributions at beginning of year | 2012-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $8,191 |
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 | $483,978 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $11,267,042 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $10,783,064 |
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 |
Investment advisory and management fees | 2012-12-31 | $1,193 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $9,781,019 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $9,709,879 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $1,379,057 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $976,550 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $1,086,012 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $18,558 |
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 |
Assets. Invements in employer securities at end of year | 2012-12-31 | $106,966 |
Assets. Invements in employer securities at beginning of year | 2012-12-31 | $96,635 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,776,234 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | ELLIOTT DAVIS, LLC |
Accountancy firm EIN | 2012-12-31 | 570381582 |
2011 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2011 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-100,039 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-100,039 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $2,426 |
Total income from all sources (including contributions) | 2011-12-31 | $1,022,402 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $1,557,130 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,556,053 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,294,360 |
Value of total assets at end of year | 2011-12-31 | $10,783,064 |
Value of total assets at beginning of year | 2011-12-31 | $11,320,218 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,077 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $263,130 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $263,130 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $7,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $894,396 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $8,365 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $22,885 |
Administrative expenses (other) incurred | 2011-12-31 | $1,077 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $2,426 |
Total non interest bearing cash at end of year | 2011-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $95,955 |
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 | $-534,728 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $10,783,064 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $11,317,792 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $9,709,879 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $10,148,066 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $976,550 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $774,766 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $774,766 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-451,141 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $16,092 |
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 |
Assets. Invements in employer securities at end of year | 2011-12-31 | $96,635 |
Assets. Invements in employer securities at beginning of year | 2011-12-31 | $278,546 |
Contributions received in cash from employer | 2011-12-31 | $391,599 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,556,053 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | ELLIOTT DAVIS, LLC |
Accountancy firm EIN | 2011-12-31 | 570381582 |
2010 : THE PALMETTO BANK 401(K) RETIREMENT PLAN 2010 401k financial data |
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Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-1,013,669 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-1,013,669 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $2,426 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $2,716 |
Total income from all sources (including contributions) | 2010-12-31 | $1,591,606 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $920,019 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $920,019 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,319,862 |
Value of total assets at end of year | 2010-12-31 | $11,320,218 |
Value of total assets at beginning of year | 2010-12-31 | $10,648,921 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $0 |
Total interest from all sources | 2010-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $180,872 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $180,872 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $892,967 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $22,885 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $1,017 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $2,426 |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $2,426 |
Total non interest bearing cash at end of year | 2010-12-31 | $95,955 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $103,249 |
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 | $671,587 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $11,317,792 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $10,646,205 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $10,148,066 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $8,520,091 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $774,766 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $720,056 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $720,056 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $1,104,541 |
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 |
Assets. Invements in employer securities at end of year | 2010-12-31 | $278,546 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $1,304,508 |
Contributions received in cash from employer | 2010-12-31 | $426,895 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $920,019 |
Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $290 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | ELLIOTT DAVIS, LLC |
Accountancy firm EIN | 2010-12-31 | 570381582 |