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BANK OF OKOLONA EMPLOYEES RETIRMENT PLAN 401k Plan overview

Plan NameBANK OF OKOLONA EMPLOYEES RETIRMENT PLAN
Plan identification number 001

BANK OF OKOLONA EMPLOYEES RETIRMENT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

BANK OF OKOLONA has sponsored the creation of one or more 401k plans.

Company Name:BANK OF OKOLONA
Employer identification number (EIN):640117090
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF OKOLONA EMPLOYEES RETIRMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-12-01JOHN HEROD2015-08-18
0012012-12-01JOHN HEROD2015-03-25
0012011-12-01JOHN HERROD2013-04-24
0012010-12-01JOHN HERROD2012-06-27

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