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EMPLOYEE BENEFIT PLAN OF THE FIRST FARMERS NATIONAL BANK OFWAURIKA 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF THE FIRST FARMERS NATIONAL BANK OFWAURIKA
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF THE FIRST FARMERS NATIONAL BANK OFWAURIKA 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

THE FIRST FARMERS NATIONAL BANK OF WAURIKA has sponsored the creation of one or more 401k plans.

Company Name:THE FIRST FARMERS NATIONAL BANK OF WAURIKA
Employer identification number (EIN):730236665
NAIC Classification:523110
NAIC Description:Investment Banking and Securities Dealing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF THE FIRST FARMERS NATIONAL BANK OFWAURIKA

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LANCE WAID2024-06-27
0012022-01-01LANCE WAID2023-10-03
0012021-01-01LANCE WAID2022-05-17
0012020-01-01LANCE WAID2021-07-17
0012019-01-01LANCE WAID2020-07-15
0012018-01-01LANCE WAID2019-05-14
0012017-01-01LANCE WAID2018-05-22 PRYOR WAID2018-05-22
0012016-01-01LANCE WAID2017-06-26 PRYOR WAID2017-06-26
0012015-01-01LANCE WAID2016-04-22 PRYOR WAID2016-04-22
0012014-01-01LANCE WAID2015-09-15 PRYOR WAID2015-09-15
0012013-01-01LANCE WAID2014-09-18
0012012-01-01LANCE WAID2013-06-14 PRYOR WAID2013-06-14
0012011-01-01LANCE WAID2012-06-26 PRYOR WAID2012-06-26
0012010-01-01LANCE WAID2011-07-21 LANCE WAID2011-07-21

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