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THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 401k Plan overview

Plan NameTHOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN
Plan identification number 002

THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN Benefits

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

401k Sponsoring company profile

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

Company Name:TC FEDERAL BANK
Employer identification number (EIN):580459665
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01JOSHUA SHARP
0022017-01-01JOSHUA SHARP2018-03-26
0022016-01-01JOSHUA SHARP2017-02-21
0022015-01-01REBECCA JOHNSON2016-03-08
0022014-01-01REBECCA JOHNSON2015-03-11
0022013-01-01REBECCA JOHNSON2014-02-26
0022012-01-01REBECCA JOHNSON2013-03-04
0022011-01-01REBECCA JOHNSON
0022009-01-01REBECCA JOHNSON REBECCA JOHNSON2010-03-16

Plan Statistics for THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN

401k plan membership statisitcs for THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN

Measure Date Value
2021: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0157
Total number of active participants reported on line 7a of the Form 55002021-01-0152
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0110
Total of all active and inactive participants2021-01-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0164
Number of participants with account balances2021-01-0159
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0152
Total number of active participants reported on line 7a of the Form 55002020-01-0151
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-014
Total of all active and inactive participants2020-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0157
Number of participants with account balances2020-01-0152
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0158
Total number of active participants reported on line 7a of the Form 55002019-01-0145
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-016
Total of all active and inactive participants2019-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0152
Number of participants with account balances2019-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0158
Total number of active participants reported on line 7a of the Form 55002018-01-0152
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-016
Total of all active and inactive participants2018-01-0158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0158
Number of participants with account balances2018-01-0149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2011: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0136
Total number of active participants reported on line 7a of the Form 55002011-01-0133
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-0134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0134
Number of participants with account balances2011-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0135
Total number of active participants reported on line 7a of the Form 55002009-01-0135
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0135
Number of participants with account balances2009-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN

Measure Date Value
2021 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$830,612
Expenses. Total of all expenses incurred2021-12-31$582,163
Benefits paid (including direct rollovers)2021-12-31$570,246
Total plan assets at end of year2021-12-31$2,706,916
Total plan assets at beginning of year2021-12-31$2,458,467
Value of fidelity bond covering the plan2021-12-31$4,000,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$302,184
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$13,076
Other income received2021-12-31$305,843
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$248,449
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,706,916
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,458,467
Assets. Value of participant loans2021-12-31$155,506
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$209,509
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$11,917
2020 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$800,357
Expenses. Total of all expenses incurred2020-12-31$38,364
Benefits paid (including direct rollovers)2020-12-31$30,134
Total plan assets at end of year2020-12-31$2,458,467
Total plan assets at beginning of year2020-12-31$1,696,474
Value of fidelity bond covering the plan2020-12-31$4,000,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$278,463
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$10,931
Other income received2020-12-31$309,540
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$761,993
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,458,467
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,696,474
Assets. Value of participant loans2020-12-31$9,218
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$201,423
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$8,230
2019 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$686,949
Expenses. Total of all expenses incurred2019-12-31$189,512
Benefits paid (including direct rollovers)2019-12-31$183,169
Total plan assets at end of year2019-12-31$1,696,474
Total plan assets at beginning of year2019-12-31$1,199,037
Value of fidelity bond covering the plan2019-12-31$4,000,000
Total contributions received or receivable from participants2019-12-31$241,871
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$534
Other income received2019-12-31$282,921
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$497,437
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,696,474
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,199,037
Total contributions received or receivable from employer(s)2019-12-31$161,623
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$6,343
2018 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$235,731
Expenses. Total of all expenses incurred2018-12-31$891,851
Benefits paid (including direct rollovers)2018-12-31$881,243
Total plan assets at end of year2018-12-31$1,199,037
Total plan assets at beginning of year2018-12-31$1,855,157
Value of fidelity bond covering the plan2018-12-31$4,000,000
Total contributions received or receivable from participants2018-12-31$217,439
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-117,691
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-656,120
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,199,037
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,855,157
Total contributions received or receivable from employer(s)2018-12-31$135,983
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$10,608
2011 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total income from all sources2011-12-31$154,388
Expenses. Total of all expenses incurred2011-12-31$52,291
Benefits paid (including direct rollovers)2011-12-31$52,291
Total plan assets at end of year2011-12-31$1,028,771
Total plan assets at beginning of year2011-12-31$926,674
Value of fidelity bond covering the plan2011-12-31$4,000,000
Total contributions received or receivable from participants2011-12-31$115,040
Contributions received from other sources (not participants or employers)2011-12-31$2,744
Other income received2011-12-31$-36,388
Net income (gross income less expenses)2011-12-31$102,097
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,028,771
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$926,674
Total contributions received or receivable from employer(s)2011-12-31$72,992
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total income from all sources2010-12-31$243,989
Expenses. Total of all expenses incurred2010-12-31$36,872
Benefits paid (including direct rollovers)2010-12-31$36,872
Total plan assets at end of year2010-12-31$926,674
Total plan assets at beginning of year2010-12-31$719,557
Value of fidelity bond covering the plan2010-12-31$4,000,000
Total contributions received or receivable from participants2010-12-31$117,208
Other income received2010-12-31$53,176
Net income (gross income less expenses)2010-12-31$207,117
Net plan assets at end of year (total assets less liabilities)2010-12-31$926,674
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$719,557
Total contributions received or receivable from employer(s)2010-12-31$73,605
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN

2021: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2011: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: THOMAS COUNTY FEDERAL SAVINGS & LOAN ASSOCIATION 401K PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulitple employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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