401k Plan data: VALLEY NATIONAL BANK 401(K) PLAN plan

VALLEY NATIONAL BANK 401(K) PLAN 401k Plan overview

Plan Name	VALLEY NATIONAL BANK 401(K) PLAN
Plan identification number	001

VALLEY NATIONAL BANK 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

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

Company Name: VAST BANK

Employer identification number (EIN): 731139790

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about VAST BANK

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 3462719

More information about VAST BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VALLEY NATIONAL BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01 SLOAN YATES 2019-07-16
001 2017-01-01 LORI STEVENS 2018-07-18
001 2016-01-01 LORI STEVENS 2017-06-26
001 2015-01-01 LORI STEVENS 2016-05-23
001 2014-01-01 LORI STEVENS 2015-07-16
001 2013-01-01 MARISA DEASON 2014-05-15
001 2012-01-01 MARISA DEASON 2013-05-15
001 2011-01-01 MARISA DEASON 2012-04-09
001 2010-01-01 MARISA WALTERS
001 2009-01-01 MARISA WALTERS

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2020-01-01
001	2019-01-01
001	2019-01-01
001	2018-01-01	SLOAN YATES	2019-07-16
001	2017-01-01	LORI STEVENS	2018-07-18
001	2016-01-01	LORI STEVENS	2017-06-26
001	2015-01-01	LORI STEVENS	2016-05-23
001	2014-01-01	LORI STEVENS	2015-07-16
001	2013-01-01	MARISA DEASON	2014-05-15
001	2012-01-01	MARISA DEASON	2013-05-15
001	2011-01-01	MARISA DEASON	2012-04-09
001	2010-01-01	MARISA WALTERS
001	2009-01-01	MARISA WALTERS

Plan Statistics for VALLEY NATIONAL BANK 401(K) PLAN

401k plan membership statisitcs for VALLEY NATIONAL BANK 401(K) PLAN

Measure Date Value
2023: VALLEY NATIONAL BANK 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 149
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 93
Number of retired or separated participants receiving benefits 2023-01-01 8
Number of other retired or separated participants entitled to future benefits 2023-01-01 33
Total of all active and inactive participants 2023-01-01 134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 134
Number of participants with account balances 2023-01-01 118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 2
2022: VALLEY NATIONAL BANK 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 111
Number of retired or separated participants receiving benefits 2022-01-01 6
Number of other retired or separated participants entitled to future benefits 2022-01-01 29
Total of all active and inactive participants 2022-01-01 146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 146
Number of participants with account balances 2022-01-01 124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 3
2021: VALLEY NATIONAL BANK 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 129
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 109
Number of retired or separated participants receiving benefits 2021-01-01 3
Number of other retired or separated participants entitled to future benefits 2021-01-01 33
Total of all active and inactive participants 2021-01-01 145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 145
Number of participants with account balances 2021-01-01 126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 4
2020: VALLEY NATIONAL BANK 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 130
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 84
Number of retired or separated participants receiving benefits 2020-01-01 6
Number of other retired or separated participants entitled to future benefits 2020-01-01 36
Total of all active and inactive participants 2020-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 126
Number of participants with account balances 2020-01-01 111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: VALLEY NATIONAL BANK 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 135
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 105
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 21
Total of all active and inactive participants 2019-01-01 127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 127
Number of participants with account balances 2019-01-01 103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 3
2010: VALLEY NATIONAL BANK 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 43
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 31
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 4
Total of all active and inactive participants 2010-01-01 35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 35
Number of participants with account balances 2010-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 2
2009: VALLEY NATIONAL BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 41
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 32
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 8
Total of all active and inactive participants 2009-01-01 40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 40
Number of participants with account balances 2009-01-01 37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 2

Measure	Date	Value
2023: VALLEY NATIONAL BANK 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	149
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	93
Number of retired or separated participants receiving benefits	2023-01-01	8
Number of other retired or separated participants entitled to future benefits	2023-01-01	33
Total of all active and inactive participants	2023-01-01	134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	134
Number of participants with account balances	2023-01-01	118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	2
2022: VALLEY NATIONAL BANK 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	111
Number of retired or separated participants receiving benefits	2022-01-01	6
Number of other retired or separated participants entitled to future benefits	2022-01-01	29
Total of all active and inactive participants	2022-01-01	146
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	146
Number of participants with account balances	2022-01-01	124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	3
2021: VALLEY NATIONAL BANK 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	129
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	109
Number of retired or separated participants receiving benefits	2021-01-01	3
Number of other retired or separated participants entitled to future benefits	2021-01-01	33
Total of all active and inactive participants	2021-01-01	145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	145
Number of participants with account balances	2021-01-01	126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	4
2020: VALLEY NATIONAL BANK 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	130
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	84
Number of retired or separated participants receiving benefits	2020-01-01	6
Number of other retired or separated participants entitled to future benefits	2020-01-01	36
Total of all active and inactive participants	2020-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	126
Number of participants with account balances	2020-01-01	111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: VALLEY NATIONAL BANK 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	135
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	105
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	21
Total of all active and inactive participants	2019-01-01	127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	127
Number of participants with account balances	2019-01-01	103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	3
2010: VALLEY NATIONAL BANK 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	43
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	31
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	4
Total of all active and inactive participants	2010-01-01	35
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	35
Number of participants with account balances	2010-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	2
2009: VALLEY NATIONAL BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	41
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	32
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	8
Total of all active and inactive participants	2009-01-01	40
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	40
Number of participants with account balances	2009-01-01	37
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	2

Financial Data on VALLEY NATIONAL BANK 401(K) PLAN

Measure	Date	Value
2023 : VALLEY NATIONAL BANK 401(K) PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total transfer of assets from this plan	2023-12-31	$238,588
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$2,336,209
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$1,101,357
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,073,834
Value of total corrective distributions	2023-12-31	$1,663
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$1,316,870
Value of total assets at end of year	2023-12-31	$6,894,467
Value of total assets at beginning of year	2023-12-31	$5,898,203
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$25,860
Total interest from all sources	2023-12-31	$9,848
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$141,622
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$141,622
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$2,800,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$731,707
Participant contributions at end of year	2023-12-31	$150,078
Participant contributions at beginning of year	2023-12-31	$46,568
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$180,433
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2023-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2023-12-31	$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	2023-12-31	No
Value of net income/loss	2023-12-31	$1,234,852
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$6,894,467
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$5,898,203
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$8,742
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$6,173,928
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$4,808,731
Interest on participant loans	2023-12-31	$9,848
Value of interest in common/collective trusts at end of year	2023-12-31	$528,047
Value of interest in common/collective trusts at beginning of year	2023-12-31	$1,003,732
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$845,555
Net investment gain or loss from common/collective trusts	2023-12-31	$22,314
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$404,730
Employer contributions (assets) at end of year	2023-12-31	$42,414
Employer contributions (assets) at beginning of year	2023-12-31	$39,172
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,073,834
Contract administrator fees	2023-12-31	$9,642
Did the plan have assets held for investment	2023-12-31	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	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	HOGAN TAYLOR LLP
Accountancy firm EIN	2023-12-31	731413977
2022 : VALLEY NATIONAL BANK 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$17,620
Total income from all sources (including contributions)	2022-12-31	$159,687
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$668,466
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$644,206
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,161,520
Value of total assets at end of year	2022-12-31	$5,898,203
Value of total assets at beginning of year	2022-12-31	$6,424,602
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$24,260
Total interest from all sources	2022-12-31	$3,460
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$115,193
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$115,193
Administrative expenses professional fees incurred	2022-12-31	$2,906
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$2,800,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$757,976
Participant contributions at end of year	2022-12-31	$46,568
Participant contributions at beginning of year	2022-12-31	$84,598
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$101,005
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2022-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2022-12-31	$17,620
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-508,779
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$5,898,203
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,406,982
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$8,136
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$4,808,731
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$5,425,715
Interest on participant loans	2022-12-31	$3,460
Value of interest in common/collective trusts at end of year	2022-12-31	$1,003,732
Value of interest in common/collective trusts at beginning of year	2022-12-31	$845,516
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,137,742
Net investment gain or loss from common/collective trusts	2022-12-31	$17,256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$302,539
Employer contributions (assets) at end of year	2022-12-31	$39,172
Employer contributions (assets) at beginning of year	2022-12-31	$68,773
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$644,206
Contract administrator fees	2022-12-31	$13,218
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	HOGANTAYLOR LLP
Accountancy firm EIN	2022-12-31	731413977
2021 : VALLEY NATIONAL BANK 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$17,620
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$284
Total income from all sources (including contributions)	2021-12-31	$2,008,425
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,687,779
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,663,904
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,230,544
Value of total assets at end of year	2021-12-31	$6,424,602
Value of total assets at beginning of year	2021-12-31	$6,086,620
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$23,875
Total interest from all sources	2021-12-31	$3,366
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$490,104
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$490,104
Administrative expenses professional fees incurred	2021-12-31	$1,442
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$2,800,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$658,611
Participant contributions at end of year	2021-12-31	$84,598
Participant contributions at beginning of year	2021-12-31	$62,780
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$1,719
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$209,179
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2021-12-31	$17,620
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2021-12-31	$284
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$320,646
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,406,982
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$6,086,336
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$8,298
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$5,425,715
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$5,040,652
Interest on participant loans	2021-12-31	$3,366
Value of interest in common/collective trusts at end of year	2021-12-31	$845,516
Value of interest in common/collective trusts at beginning of year	2021-12-31	$969,390
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$268,011
Net investment gain or loss from common/collective trusts	2021-12-31	$16,400
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$362,754
Employer contributions (assets) at end of year	2021-12-31	$68,773
Employer contributions (assets) at beginning of year	2021-12-31	$12,079
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,663,904
Contract administrator fees	2021-12-31	$14,135
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	HOGANTAYLOR LLP
Accountancy firm EIN	2021-12-31	731413977
2020 : VALLEY NATIONAL BANK 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$284
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,723,224
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$579,112
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$566,973
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$952,347
Value of total assets at end of year	2020-12-31	$6,086,620
Value of total assets at beginning of year	2020-12-31	$4,942,224
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$12,139
Total interest from all sources	2020-12-31	$3,418
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$138,664
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$138,664
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$2,800,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$614,185
Participant contributions at end of year	2020-12-31	$62,780
Participant contributions at beginning of year	2020-12-31	$42,583
Participant contributions at end of year	2020-12-31	$1,719
Participant contributions at beginning of year	2020-12-31	$28,964
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$120,806
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$284
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$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	2020-12-31	No
Value of net income/loss	2020-12-31	$1,144,112
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$6,086,336
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$4,942,224
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$6,888
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$5,040,652
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,918,986
Interest on participant loans	2020-12-31	$3,418
Value of interest in common/collective trusts at end of year	2020-12-31	$969,390
Value of interest in common/collective trusts at beginning of year	2020-12-31	$924,194
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$609,918
Net investment gain or loss from common/collective trusts	2020-12-31	$18,877
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$217,356
Employer contributions (assets) at end of year	2020-12-31	$12,079
Employer contributions (assets) at beginning of year	2020-12-31	$27,497
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$566,973
Contract administrator fees	2020-12-31	$5,251
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	HOGANTAYLOR LLP
Accountancy firm EIN	2020-12-31	731413977
2019 : VALLEY NATIONAL BANK 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,535,481
Total income from all sources (including contributions)	2019-12-31	$1,535,481
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$797,207
Total of all expenses incurred	2019-12-31	$797,207
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$795,944
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$795,944
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$775,676
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$775,676
Value of total assets at end of year	2019-12-31	$4,885,763
Value of total assets at end of year	2019-12-31	$4,885,763
Value of total assets at beginning of year	2019-12-31	$4,147,489
Value of total assets at beginning of year	2019-12-31	$4,147,489
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,263
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$1,263
Total interest from all sources	2019-12-31	$2,898
Total interest from all sources	2019-12-31	$2,898
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$86,086
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$86,086
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$86,086
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$86,086
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$2,800,000
Value of fidelity bond cover	2019-12-31	$2,800,000
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
If this is an individual account plan, was there a blackout period	2019-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$450,877
Contributions received from participants	2019-12-31	$450,877
Participant contributions at end of year	2019-12-31	$42,583
Participant contributions at end of year	2019-12-31	$42,583
Participant contributions at beginning of year	2019-12-31	$51,989
Participant contributions at beginning of year	2019-12-31	$51,989
Participant contributions at end of year	2019-12-31	$28,964
Participant contributions at beginning of year	2019-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$170,736
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$170,736
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$738,274
Value of net income/loss	2019-12-31	$738,274
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,885,763
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,885,763
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$4,147,489
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$4,147,489
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,943,590
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,943,590
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,354,090
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$3,354,090
Interest on participant loans	2019-12-31	$2,898
Interest on participant loans	2019-12-31	$2,898
Value of interest in common/collective trusts at end of year	2019-12-31	$899,590
Value of interest in common/collective trusts at end of year	2019-12-31	$899,590
Value of interest in common/collective trusts at beginning of year	2019-12-31	$741,410
Value of interest in common/collective trusts at beginning of year	2019-12-31	$741,410
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$650,466
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$650,466
Net investment gain or loss from common/collective trusts	2019-12-31	$20,355
Net investment gain or loss from common/collective trusts	2019-12-31	$20,355
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$154,063
Contributions received in cash from employer	2019-12-31	$154,063
Employer contributions (assets) at end of year	2019-12-31	$27,497
Employer contributions (assets) at beginning of year	2019-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$795,944
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$795,944
Contract administrator fees	2019-12-31	$1,263
Contract administrator fees	2019-12-31	$1,263
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	HOGAN TAYLOR
Accountancy firm name	2019-12-31	HOGAN TAYLOR
Accountancy firm EIN	2019-12-31	731413977
Accountancy firm EIN	2019-12-31	731413977
2010 : VALLEY NATIONAL BANK 401(K) PLAN 2010 401k financial data
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$256,170
Expenses. Total of all expenses incurred	2010-12-31	$9,019
Benefits paid (including direct rollovers)	2010-12-31	$9,019
Total plan assets at end of year	2010-12-31	$1,632,031
Total plan assets at beginning of year	2010-12-31	$1,384,880
Value of fidelity bond covering the plan	2010-12-31	$2,825,000
Total contributions received or receivable from participants	2010-12-31	$88,926
Expenses. Other expenses not covered elsewhere	2010-12-31	$0
Contributions received from other sources (not participants or employers)	2010-12-31	$0
Other income received	2010-12-31	$135,101
Noncash contributions received	2010-12-31	$0
Net income (gross income less expenses)	2010-12-31	$247,151
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,632,031
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,384,880
Assets. Value of participant loans	2010-12-31	$18,576
Total contributions received or receivable from employer(s)	2010-12-31	$32,143
Value of certain deemed distributions of participant loans	2010-12-31	$0
Value of corrective distributions	2010-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : VALLEY NATIONAL BANK 401(K) PLAN 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

Form 5500 Responses for VALLEY NATIONAL BANK 401(K) PLAN

2023: VALLEY NATIONAL BANK 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: VALLEY NATIONAL BANK 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Mulitple employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VALLEY NATIONAL BANK 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Mulitple employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: VALLEY NATIONAL BANK 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Mulitple employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: VALLEY NATIONAL BANK 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Mulitple employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2010: VALLEY NATIONAL BANK 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: VALLEY NATIONAL BANK 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VAST BANK
Employer identification number (EIN):	731139790
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	3462719