401k Plan data: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY plan

RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 401k Plan overview

Plan Name	RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY
Plan identification number	002

RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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).

401k Sponsoring company profile

THE F&M BANK & TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name: THE F&M BANK & TRUST COMPANY

Employer identification number (EIN): 730539046

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2013-01-01 RENAE STEPHENSON RENAE STEPHENSON 2014-07-23
002 2012-01-01 GREGG JAYNES
002 2011-01-01 GREGG JAYNES
002 2010-01-01 GREGG JAYNES
002 2009-01-01 STEPHEN C. RAFFAELE
002 2009-01-01 STEPHEN C. RAFFAELE

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2013-01-01	RENAE STEPHENSON	RENAE STEPHENSON	2014-07-23
002	2012-01-01	GREGG JAYNES
002	2011-01-01	GREGG JAYNES
002	2010-01-01	GREGG JAYNES
002	2009-01-01	STEPHEN C. RAFFAELE
002	2009-01-01	STEPHEN C. RAFFAELE

Plan Statistics for RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY

Measure Date Value
2013: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2013 401k membership
Total participants, beginning-of-year 2013-01-01 119
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 54
Number of retired or separated participants receiving benefits 2013-01-01 25
Number of other retired or separated participants entitled to future benefits 2013-01-01 23
Total of all active and inactive participants 2013-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 9
Total participants 2013-01-01 111
Number of participants with account balances 2013-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2012 401k membership
Total participants, beginning-of-year 2012-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 62
Number of retired or separated participants receiving benefits 2012-01-01 30
Number of other retired or separated participants entitled to future benefits 2012-01-01 22
Total of all active and inactive participants 2012-01-01 114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 7
Total participants 2012-01-01 121
2011: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2011 401k membership
Total participants, beginning-of-year 2011-01-01 131
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 66
Number of retired or separated participants receiving benefits 2011-01-01 30
Number of other retired or separated participants entitled to future benefits 2011-01-01 22
Total of all active and inactive participants 2011-01-01 118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 7
Total participants 2011-01-01 125
2010: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2010 401k membership
Total participants, beginning-of-year 2010-01-01 144
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 71
Number of retired or separated participants receiving benefits 2010-01-01 29
Number of other retired or separated participants entitled to future benefits 2010-01-01 24
Total of all active and inactive participants 2010-01-01 124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 7
Total participants 2010-01-01 131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2009 401k membership
Total participants, beginning-of-year 2009-01-01 147
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 86
Number of retired or separated participants receiving benefits 2009-01-01 28
Number of other retired or separated participants entitled to future benefits 2009-01-01 23
Total of all active and inactive participants 2009-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 7
Total participants 2009-01-01 144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2013: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2013 401k membership
Total participants, beginning-of-year	2013-01-01	119
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	54
Number of retired or separated participants receiving benefits	2013-01-01	25
Number of other retired or separated participants entitled to future benefits	2013-01-01	23
Total of all active and inactive participants	2013-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	9
Total participants	2013-01-01	111
Number of participants with account balances	2013-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2012 401k membership
Total participants, beginning-of-year	2012-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	62
Number of retired or separated participants receiving benefits	2012-01-01	30
Number of other retired or separated participants entitled to future benefits	2012-01-01	22
Total of all active and inactive participants	2012-01-01	114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	7
Total participants	2012-01-01	121
2011: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2011 401k membership
Total participants, beginning-of-year	2011-01-01	131
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	66
Number of retired or separated participants receiving benefits	2011-01-01	30
Number of other retired or separated participants entitled to future benefits	2011-01-01	22
Total of all active and inactive participants	2011-01-01	118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	7
Total participants	2011-01-01	125
2010: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2010 401k membership
Total participants, beginning-of-year	2010-01-01	144
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	71
Number of retired or separated participants receiving benefits	2010-01-01	29
Number of other retired or separated participants entitled to future benefits	2010-01-01	24
Total of all active and inactive participants	2010-01-01	124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	7
Total participants	2010-01-01	131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2009 401k membership
Total participants, beginning-of-year	2009-01-01	147
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	86
Number of retired or separated participants receiving benefits	2009-01-01	28
Number of other retired or separated participants entitled to future benefits	2009-01-01	23
Total of all active and inactive participants	2009-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	7
Total participants	2009-01-01	144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY

Measure	Date	Value
2013 : RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets	2013-12-31	$0
Unrealized appreciation/depreciation of other (non real estate) assets	2013-12-31	$283,710
Total unrealized appreciation/depreciation of assets	2013-12-31	$283,710
Total transfer of assets to this plan	2013-12-31	$0
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	$4,057
Expenses. Interest paid	2013-12-31	$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-102	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$1,160,936
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$479,798
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$430,864
Value of total corrective distributions	2013-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$256,400
Value of total assets at end of year	2013-12-31	$6,048,469
Value of total assets at beginning of year	2013-12-31	$5,371,388
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$48,934
Total income from rents	2013-12-31	$0
Total interest from all sources	2013-12-31	$19
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$112,926
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	$108,831
Administrative expenses professional fees incurred	2013-12-31	$8,199
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$1,000,000
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
Amount of non-exempt transactions with any party-in-interest	2013-12-31	$0
Contributions received from participants	2013-12-31	$0
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	$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at end of year	2013-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2013-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$4,057
Other income not declared elsewhere	2013-12-31	$205,120
Administrative expenses (other) incurred	2013-12-31	$16,182
Liabilities. Value of operating payables at beginning of year	2013-12-31	$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	2013-12-31	No
Income. Non cash contributions	2013-12-31	$0
Value of net income/loss	2013-12-31	$681,138
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$6,048,469
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$5,367,331
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
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year	2013-12-31	$0
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year	2013-12-31	$0
Investment advisory and management fees	2013-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$5,308,542
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$4,893,632
Value of interest in pooled separate accounts at end of year	2013-12-31	$43,042
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$0
Income. Interest from loans (other than to participants)	2013-12-31	$0
Interest earned on other investments	2013-12-31	$0
Income. Interest from US Government securities	2013-12-31	$0
Income. Interest from corporate debt instruments	2013-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2013-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2013-12-31	$100,956
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2013-12-31	$100,956
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2013-12-31	$19
Expenses. Payments to insurance carriers foe the provision of benefits	2013-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$302,846
Net investment gain/loss from pooled separate accounts	2013-12-31	$-85
Net investment gain or loss from common/collective trusts	2013-12-31	$0
Net gain/loss from 103.12 investment entities	2013-12-31	$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	Yes
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	$696,885
Assets. Invements in employer securities at beginning of year	2013-12-31	$373,800
Contributions received in cash from employer	2013-12-31	$256,400
Employer contributions (assets) at end of year	2013-12-31	$0
Employer contributions (assets) at beginning of year	2013-12-31	$3,000
Income. Dividends from preferred stock	2013-12-31	$0
Income. Dividends from common stock	2013-12-31	$4,095
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$430,864
Contract administrator fees	2013-12-31	$24,553
Liabilities. Value of benefit claims payable at beginning of year	2013-12-31	$0
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
Aggregate proceeds on sale of assets	2013-12-31	$0
Aggregate carrying amount (costs) on sale of assets	2013-12-31	$0
Liabilities. Value of acquisition indebtedness at beginning of year	2013-12-31	$0
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	HOGAN TAYLOR LLP
Accountancy firm EIN	2013-12-31	731413977
2012 : RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$4,057
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$3,929
Total income from all sources (including contributions)	2012-12-31	$842,493
Total of all expenses incurred	2012-12-31	$638,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$622,054
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$261,800
Value of total assets at end of year	2012-12-31	$5,371,388
Value of total assets at beginning of year	2012-12-31	$5,167,033
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$16,212
Total interest from all sources	2012-12-31	$85
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$218,809
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	$192,559
Administrative expenses professional fees incurred	2012-12-31	$16,212
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$1,000,000
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
Funding deficiency by the employer to the plan for this plan year	2012-12-31	$0
Minimum employer required contribution for this plan year	2012-12-31	$0
Amount contributed by the employer to the plan for this plan year	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Income. Received or receivable in cash from other sources (including rollovers)	2012-12-31	$3,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$4,057
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-12-31	$3,929
Total non interest bearing cash at beginning of year	2012-12-31	$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	2012-12-31	No
Value of net income/loss	2012-12-31	$204,227
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$5,367,331
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$5,163,104
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-31	$4,893,632
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$4,462,015
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2012-12-31	$100,956
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2012-12-31	$332,268
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2012-12-31	$332,268
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2012-12-31	$85
Asset value of US Government securities at beginning of year	2012-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$361,799
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	Yes
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	$373,800
Assets. Invements in employer securities at beginning of year	2012-12-31	$372,750
Contributions received in cash from employer	2012-12-31	$258,800
Employer contributions (assets) at end of year	2012-12-31	$3,000
Income. Dividends from common stock	2012-12-31	$26,250
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$622,054
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	HOGAN TAYLOR LLP
Accountancy firm EIN	2012-12-31	731413977
2011 : RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$3,929
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$4,016
Total income from all sources (including contributions)	2011-12-31	$343,314
Total of all expenses incurred	2011-12-31	$687,069
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$670,760
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$500,000
Value of total assets at end of year	2011-12-31	$5,167,033
Value of total assets at beginning of year	2011-12-31	$5,510,875
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$16,309
Total interest from all sources	2011-12-31	$1,927
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$257,352
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	$240,552
Administrative expenses professional fees incurred	2011-12-31	$16,309
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$1,000,000
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
Funding deficiency by the employer to the plan for this plan year	2011-12-31	$0
Minimum employer required contribution for this plan year	2011-12-31	$0
Amount contributed by the employer to the plan for this plan year	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$3,929
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$4,016
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	$1,999
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	$-343,755
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$5,163,104
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$5,506,859
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	$4,462,015
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$4,512,551
Income. Interest from US Government securities	2011-12-31	$1,688
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$332,268
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$248,699
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$248,699
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$239
Asset value of US Government securities at end of year	2011-12-31	$0
Asset value of US Government securities at beginning of year	2011-12-31	$251,501
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-415,965
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
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	$372,750
Assets. Invements in employer securities at beginning of year	2011-12-31	$496,125
Contributions received in cash from employer	2011-12-31	$500,000
Income. Dividends from common stock	2011-12-31	$16,800
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$670,760
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	HOGAN TAYLOR LLP
Accountancy firm EIN	2011-12-31	731413977
2010 : RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$-420,146
Total unrealized appreciation/depreciation of assets	2010-12-31	$-420,146
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$4,016
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$3,807
Total income from all sources (including contributions)	2010-12-31	$574,080
Total loss/gain on sale of assets	2010-12-31	$554,155
Total of all expenses incurred	2010-12-31	$564,098
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$541,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$245,240
Value of total assets at end of year	2010-12-31	$5,510,875
Value of total assets at beginning of year	2010-12-31	$5,500,684
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$22,729
Total interest from all sources	2010-12-31	$50,110
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$144,721
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	$102,349
Administrative expenses professional fees incurred	2010-12-31	$16,717
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
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2010-12-31	$0
Minimum employer required contribution for this plan year	2010-12-31	$0
Amount contributed by the employer to the plan for this plan year	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$25,572
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$4,016
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$3,807
Administrative expenses (other) incurred	2010-12-31	$6,012
Total non interest bearing cash at end of year	2010-12-31	$1,999
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	$9,982
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$5,506,859
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$5,496,877
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	$4,512,551
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$306,182
Income. Interest from US Government securities	2010-12-31	$13,938
Income. Interest from corporate debt instruments	2010-12-31	$35,210
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$248,699
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$468,785
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$468,785
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$962
Asset value of US Government securities at end of year	2010-12-31	$251,501
Asset value of US Government securities at beginning of year	2010-12-31	$505,560
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
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	$496,125
Assets. Invements in employer securities at beginning of year	2010-12-31	$452,250
Contributions received in cash from employer	2010-12-31	$245,240
Income. Dividends from common stock	2010-12-31	$42,372
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$541,369
Asset. Corporate debt instrument debt (other) at beginning of year	2010-12-31	$1,610,290
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$2,132,045
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
Aggregate proceeds on sale of assets	2010-12-31	$5,136,161
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$4,582,006
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	HOGAN TAYLOR LLP
Accountancy firm EIN	2010-12-31	731413977
2009 : RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2009-12-31	$0
Minimum employer required contribution for this plan year	2009-12-31	$0
Amount contributed by the employer to the plan for this plan year	2009-12-31	$0

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY

2013: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: RETIREMENT PLAN FOR EMPLOYEES OF F&M BANK & TRUST COMPANY 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	THE F&M BANK & TRUST COMPANY
Employer identification number (EIN):	730539046
NAIC Classification:	522110
NAIC Description:	Commercial Banking