401k Plan data: FIRST PRIORITY FINANCIAL 401(K) PLAN plan

FIRST PRIORITY FINANCIAL 401(K) PLAN 401k Plan overview

Plan Name	FIRST PRIORITY FINANCIAL 401(K) PLAN
Plan identification number	001

FIRST PRIORITY FINANCIAL 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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

FIRST PRIORITY FINANCIAL has sponsored the creation of one or more 401k plans.

Company Name: FIRST PRIORITY FINANCIAL

Employer identification number (EIN): 943195577

NAIC Classification: 522292
NAIC Description: Real Estate Credit

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST PRIORITY FINANCIAL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2016-01-01 DAVE SOLDATI
001 2015-01-01 ANDREA PARRENO
001 2014-01-01 ANDREA PARRENO
001 2013-01-01 ANDREA PARRENO ANDREA PARRENO 2014-10-07
001 2012-01-01 DAVID SOLDATI DAVID SOLDATI 2013-09-10
001 2011-01-01 DAVID SOLDATI 2012-07-17 DAVID SOLDATI 2012-07-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	DAVE SOLDATI
001	2015-01-01	ANDREA PARRENO
001	2014-01-01	ANDREA PARRENO
001	2013-01-01	ANDREA PARRENO		ANDREA PARRENO	2014-10-07
001	2012-01-01	DAVID SOLDATI		DAVID SOLDATI	2013-09-10
001	2011-01-01	DAVID SOLDATI	2012-07-17	DAVID SOLDATI	2012-07-17

Plan Statistics for FIRST PRIORITY FINANCIAL 401(K) PLAN

401k plan membership statisitcs for FIRST PRIORITY FINANCIAL 401(K) PLAN

Measure Date Value
2016: FIRST PRIORITY FINANCIAL 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 417
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: FIRST PRIORITY FINANCIAL 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 394
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 377
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 40
Total of all active and inactive participants 2015-01-01 417
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 417
Number of participants with account balances 2015-01-01 218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: FIRST PRIORITY FINANCIAL 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 424
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 370
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 24
Total of all active and inactive participants 2014-01-01 394
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 394
Number of participants with account balances 2014-01-01 196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: FIRST PRIORITY FINANCIAL 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 460
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 381
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 28
Total of all active and inactive participants 2013-01-01 409
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 409
Number of participants with account balances 2013-01-01 203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FIRST PRIORITY FINANCIAL 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 386
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 414
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 10
Total of all active and inactive participants 2012-01-01 424
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 424
Number of participants with account balances 2012-01-01 177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2016: FIRST PRIORITY FINANCIAL 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	417
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: FIRST PRIORITY FINANCIAL 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	394
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	377
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	40
Total of all active and inactive participants	2015-01-01	417
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	417
Number of participants with account balances	2015-01-01	218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: FIRST PRIORITY FINANCIAL 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	424
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	370
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	24
Total of all active and inactive participants	2014-01-01	394
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	394
Number of participants with account balances	2014-01-01	196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: FIRST PRIORITY FINANCIAL 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	460
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	381
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	28
Total of all active and inactive participants	2013-01-01	409
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	409
Number of participants with account balances	2013-01-01	203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FIRST PRIORITY FINANCIAL 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	386
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	414
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	10
Total of all active and inactive participants	2012-01-01	424
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	424
Number of participants with account balances	2012-01-01	177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on FIRST PRIORITY FINANCIAL 401(K) PLAN

Measure	Date	Value
2016 : FIRST PRIORITY FINANCIAL 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-14	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-14	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-14	$0
Total income from all sources (including contributions)	2016-12-14	$2,642,338
Total loss/gain on sale of assets	2016-12-14	$0
Total of all expenses incurred	2016-12-14	$11,584,784
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-14	$11,533,815
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-14	$1,985,627
Value of total assets at end of year	2016-12-14	$0
Value of total assets at beginning of year	2016-12-14	$8,942,446
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-14	$50,969
Total interest from all sources	2016-12-14	$1,292
Total dividends received (eg from common stock, registered investment company shares)	2016-12-14	$107,254
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-14	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2016-12-14	$0
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-14	$107,254
Was this plan covered by a fidelity bond	2016-12-14	Yes
Value of fidelity bond cover	2016-12-14	$1,500,000
If this is an individual account plan, was there a blackout period	2016-12-14	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-14	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-14	No
Contributions received from participants	2016-12-14	$1,319,414
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-14	$14,508
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-14	No
Value of net income/loss	2016-12-14	$-8,942,446
Value of net assets at end of year (total assets less liabilities)	2016-12-14	$0
Value of net assets at beginning of year (total assets less liabilities)	2016-12-14	$8,942,446
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-14	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-14	No
Were any leases to which the plan was party in default or uncollectible	2016-12-14	No
Investment advisory and management fees	2016-12-14	$34,969
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-14	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-14	$8,377,733
Interest on participant loans	2016-12-14	$0
Income. Interest from loans (other than to participants)	2016-12-14	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-14	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-14	$556,200
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-14	$556,200
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-14	$1,292
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-14	$548,165
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-14	No
Was there a failure to transmit to the plan any participant contributions	2016-12-14	No
Has the plan failed to provide any benefit when due under the plan	2016-12-14	No
Contributions received in cash from employer	2016-12-14	$651,705
Employer contributions (assets) at end of year	2016-12-14	$0
Employer contributions (assets) at beginning of year	2016-12-14	$8,513
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-14	$11,533,815
Contract administrator fees	2016-12-14	$16,000
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	2016-12-14	Yes
Did the plan have assets held for investment	2016-12-14	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	2016-12-14	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-14	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-14	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-14	Disclaimer
Accountancy firm name	2016-12-14	SPIEGEL ACCOUNTANCY CORPORATION
Accountancy firm EIN	2016-12-14	264802175
2015 : FIRST PRIORITY FINANCIAL 401(K) PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$2,400,078
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$592,270
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$538,782
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$2,686,125
Value of total assets at end of year	2015-12-31	$8,942,446
Value of total assets at beginning of year	2015-12-31	$7,134,638
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$53,488
Total interest from all sources	2015-12-31	$183
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$143,065
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2015-12-31	$143,065
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$1,500,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$1,714,321
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$57,144
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$70,590
Total non interest bearing cash at end of year	2015-12-31	$0
Total non interest bearing cash at beginning of year	2015-12-31	$89,568
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$1,807,808
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$8,942,446
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$7,134,638
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$10,130
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-12-31	$8,377,733
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-12-31	$6,951,602
Interest on participant loans	2015-12-31	$0
Income. Interest from loans (other than to participants)	2015-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2015-12-31	$556,200
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$183
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2015-12-31	$-429,295
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$901,214
Employer contributions (assets) at end of year	2015-12-31	$8,513
Employer contributions (assets) at beginning of year	2015-12-31	$36,324
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$538,782
Contract administrator fees	2015-12-31	$43,358
Did the plan have assets held for investment	2015-12-31	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	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	SPIEGEL ACCOUNTANCY CORPORATION
Accountancy firm EIN	2015-12-31	264802175
2014 : FIRST PRIORITY FINANCIAL 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$6,530
Total income from all sources (including contributions)	2014-12-31	$2,322,801
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$682,916
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$624,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$2,113,201
Value of total assets at end of year	2014-12-31	$7,134,638
Value of total assets at beginning of year	2014-12-31	$5,501,283
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$58,306
Total interest from all sources	2014-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Administrative expenses professional fees incurred	2014-12-31	$32,608
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,389,182
Participant contributions at end of year	2014-12-31	$57,144
Participant contributions at beginning of year	2014-12-31	$47,603
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$35,492
Liabilities. Value of operating payables at end of year	2014-12-31	$0
Liabilities. Value of operating payables at beginning of year	2014-12-31	$6,530
Total non interest bearing cash at end of year	2014-12-31	$89,568
Total non interest bearing cash at beginning of year	2014-12-31	$6,576
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$1,639,885
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$7,134,638
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$5,494,753
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Investment advisory and management fees	2014-12-31	$25,698
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$6,951,602
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$5,426,454
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$209,600
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$688,527
Employer contributions (assets) at end of year	2014-12-31	$36,324
Employer contributions (assets) at beginning of year	2014-12-31	$20,650
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$624,610
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	SPIEGEL ACCOUNTANCY
Accountancy firm EIN	2014-12-31	264802175
2013 : FIRST PRIORITY FINANCIAL 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$6,530
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total income from all sources (including contributions)	2013-12-31	$3,097,869
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$579,300
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$529,191
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$2,344,369
Value of total assets at end of year	2013-12-31	$5,501,283
Value of total assets at beginning of year	2013-12-31	$2,976,184
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$50,109
Total interest from all sources	2013-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Administrative expenses professional fees incurred	2013-12-31	$26,648
Was this plan covered by a fidelity bond	2013-12-31	No
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
Contributions received from participants	2013-12-31	$1,510,438
Participant contributions at end of year	2013-12-31	$47,603
Participant contributions at beginning of year	2013-12-31	$225,419
Income. Received or receivable in cash from other sources (including rollovers)	2013-12-31	$64,046
Liabilities. Value of operating payables at end of year	2013-12-31	$6,530
Liabilities. Value of operating payables at beginning of year	2013-12-31	$0
Total non interest bearing cash at end of year	2013-12-31	$6,576
Total non interest bearing cash 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
Value of net income/loss	2013-12-31	$2,518,569
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$5,494,753
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$2,976,184
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
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Investment advisory and management fees	2013-12-31	$23,461
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-12-31	$5,426,454
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-12-31	$2,654,736
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2013-12-31	$753,500
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
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
Contributions received in cash from employer	2013-12-31	$769,885
Employer contributions (assets) at end of year	2013-12-31	$20,650
Employer contributions (assets) at beginning of year	2013-12-31	$96,029
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$529,191
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
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	SPIEGEL ACCOUNTANCY
Accountancy firm EIN	2013-12-31	264802175
2012 : FIRST PRIORITY FINANCIAL 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$2,187,722
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$52,451
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$30,498
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$1,993,896
Value of total assets at end of year	2012-12-31	$2,976,190
Value of total assets at beginning of year	2012-12-31	$840,919
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$21,953
Total interest from all sources	2012-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Administrative expenses professional fees incurred	2012-12-31	$21,953
Was this plan covered by a fidelity bond	2012-12-31	No
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
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$1,297,946
Participant contributions at end of year	2012-12-31	$225,419
Participant contributions at beginning of year	2012-12-31	$121,721
Total non interest bearing cash at end of year	2012-12-31	$0
Total non interest bearing cash at beginning of year	2012-12-31	$60,934
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	$2,135,271
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$2,976,190
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$840,919
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	$2,654,742
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-31	$584,421
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2012-12-31	$193,826
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
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
Contributions received in cash from employer	2012-12-31	$695,950
Employer contributions (assets) at end of year	2012-12-31	$96,029
Employer contributions (assets) at beginning of year	2012-12-31	$73,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$30,498
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	SPIEGEL ACCOUNTANCY CORP
Accountancy firm EIN	2012-12-31	264802175

Form 5500 Responses for FIRST PRIORITY FINANCIAL 401(K) PLAN

2016: FIRST PRIORITY FINANCIAL 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FIRST PRIORITY FINANCIAL 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: FIRST PRIORITY FINANCIAL 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: FIRST PRIORITY FINANCIAL 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
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 – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST PRIORITY FINANCIAL 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST PRIORITY FINANCIAL
Employer identification number (EIN):	943195577
NAIC Classification:	522292
NAIC Description:	Real Estate Credit