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BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameBANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 001

BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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 JONES COUNTY has sponsored the creation of one or more 401k plans.

Company Name:BANK OF JONES COUNTY
Employer identification number (EIN):640896032
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BANK OF JONES COUNTY

Jurisdiction of Incorporation: Mississippi Secretary of State
Incorporation Date:
Company Identification Number: 660794

More information about BANK OF JONES COUNTY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01RODNEY COCKERHAM RODNEY COCKERHAM2016-03-29
0012014-01-01RODNEY COCKERHAM RODNEY COCKERHAM2015-07-15
0012013-01-01RODNEY COCKERHAM RODNEY COCKERHAM2014-07-15
0012012-01-01MARGARET WILKERSON MARGARET WILKERSON2013-04-29
0012011-01-01MARGARET WILKERSON MARGARET WILKERSON2012-04-12
0012009-01-01MARGARET WILKERSON MARGARET WILKERSON2010-07-20

Plan Statistics for BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2015: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0127
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-0127
Total number of active participants reported on line 7a of the Form 55002014-01-0122
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0127
Number of participants with account balances2014-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-0127
Total number of active participants reported on line 7a of the Form 55002013-01-0123
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0126
Number of participants with account balances2013-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-0127
Total number of active participants reported on line 7a of the Form 55002012-01-0122
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0125
Number of participants with account balances2012-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-0125
Total number of active participants reported on line 7a of the Form 55002011-01-0121
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0126
Number of participants with account balances2011-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2009: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0129
Total number of active participants reported on line 7a of the Form 55002009-01-0122
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-017
Total of all active and inactive participants2009-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0129
Number of participants with account balances2009-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2015 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Total income from all sources2015-08-31$9,840
Expenses. Total of all expenses incurred2015-08-31$2,973,463
Benefits paid (including direct rollovers)2015-08-31$2,973,463
Total plan assets at end of year2015-08-31$0
Total plan assets at beginning of year2015-08-31$2,963,623
Value of fidelity bond covering the plan2015-08-31$1,000,000
Other income received2015-08-31$9,840
Net income (gross income less expenses)2015-08-31$-2,963,623
Net plan assets at end of year (total assets less liabilities)2015-08-31$0
Net plan assets at beginning of year (total assets less liabilities)2015-08-31$2,963,623
Assets. Value of employer securities2015-08-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-08-31$0
2014 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Total income from all sources2014-12-31$582,407
Expenses. Total of all expenses incurred2014-12-31$12,144
Benefits paid (including direct rollovers)2014-12-31$12,144
Total plan assets at end of year2014-12-31$2,963,623
Total plan assets at beginning of year2014-12-31$2,393,360
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$76,860
Other income received2014-12-31$414,316
Net income (gross income less expenses)2014-12-31$570,263
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,963,623
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,393,360
Assets. Value of employer securities2014-12-31$885,815
Total contributions received or receivable from employer(s)2014-12-31$91,231
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Total income from all sources2013-12-31$458,335
Expenses. Total of all expenses incurred2013-12-31$94,750
Benefits paid (including direct rollovers)2013-12-31$94,750
Total plan assets at end of year2013-12-31$2,393,360
Total plan assets at beginning of year2013-12-31$2,029,775
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$82,464
Other income received2013-12-31$288,354
Net income (gross income less expenses)2013-12-31$363,585
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,393,360
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,029,775
Assets. Value of employer securities2013-12-31$610,740
Total contributions received or receivable from employer(s)2013-12-31$87,517
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2012 401k financial data
Total income from all sources2012-12-31$351,766
Expenses. Total of all expenses incurred2012-12-31$57,843
Benefits paid (including direct rollovers)2012-12-31$57,843
Total plan assets at end of year2012-12-31$2,029,775
Total plan assets at beginning of year2012-12-31$1,735,852
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$72,368
Other income received2012-12-31$195,564
Net income (gross income less expenses)2012-12-31$293,923
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,029,775
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,735,852
Assets. Value of employer securities2012-12-31$527,790
Total contributions received or receivable from employer(s)2012-12-31$83,834
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$157,160
Expenses. Total of all expenses incurred2011-12-31$5,513
Benefits paid (including direct rollovers)2011-12-31$5,513
Total plan assets at end of year2011-12-31$1,735,852
Total plan assets at beginning of year2011-12-31$1,584,205
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$69,480
Other income received2011-12-31$4,984
Net income (gross income less expenses)2011-12-31$151,647
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,735,852
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,584,205
Assets. Value of employer securities2011-12-31$545,790
Total contributions received or receivable from employer(s)2011-12-31$82,696
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$266,485
Expenses. Total of all expenses incurred2010-12-31$161,896
Benefits paid (including direct rollovers)2010-12-31$161,896
Total plan assets at end of year2010-12-31$1,584,205
Total plan assets at beginning of year2010-12-31$1,479,616
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$67,272
Other income received2010-12-31$121,393
Net income (gross income less expenses)2010-12-31$104,589
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,584,205
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,479,616
Assets. Value of employer securities2010-12-31$386,250
Total contributions received or receivable from employer(s)2010-12-31$77,820
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 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 BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST

2015: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 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: BANK OF JONES COUNTY 401(K) PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle 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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