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THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 401k Plan overview

Plan NameTHE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST
Plan identification number 001

THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

MAINE BANKERS ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:MAINE BANKERS ASSOCIATION
Employer identification number (EIN):010155360
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-10-01RICHARD RAUSSER MR. MARC OWEN2017-06-08
0012014-10-01RALPH VENDITTI MARC OWEN2016-07-01
0012013-10-01SUZANNE CHOULJIAN MARC OWEN2015-07-02
0012012-10-01SUZANNE CHOULJIAN MARC OWEN2014-06-23
0012011-10-01SUZANNE CHOULJIAN MARC OWEN2013-06-05
0012009-10-01MARC OWEN, VICE PRESIDENT MARC OWEN, VICE PRESIDENT2011-06-21
0012008-10-01

Plan Statistics for THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST

401k plan membership statisitcs for THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST

Measure Date Value
2015: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2015 401k membership
Total participants, beginning-of-year2015-10-0122
Total number of active participants reported on line 7a of the Form 55002015-10-010
Number of retired or separated participants receiving benefits2015-10-010
Number of other retired or separated participants entitled to future benefits2015-10-010
Total of all active and inactive participants2015-10-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-10-010
Total participants2015-10-010
Number of participants with account balances2015-10-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-10-010
2014: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2014 401k membership
Total participants, beginning-of-year2014-10-0122
Total number of active participants reported on line 7a of the Form 55002014-10-019
Number of retired or separated participants receiving benefits2014-10-015
Number of other retired or separated participants entitled to future benefits2014-10-017
Total of all active and inactive participants2014-10-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-10-011
Total participants2014-10-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-10-010
2013: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2013 401k membership
Total participants, beginning-of-year2013-10-0122
Total number of active participants reported on line 7a of the Form 55002013-10-0110
Number of retired or separated participants receiving benefits2013-10-016
Number of other retired or separated participants entitled to future benefits2013-10-016
Total of all active and inactive participants2013-10-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-10-010
Total participants2013-10-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-10-010
2012: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2012 401k membership
Total participants, beginning-of-year2012-10-0122
Total number of active participants reported on line 7a of the Form 55002012-10-0111
Number of retired or separated participants receiving benefits2012-10-014
Number of other retired or separated participants entitled to future benefits2012-10-016
Total of all active and inactive participants2012-10-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-10-011
Total participants2012-10-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-10-010
2011: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2011 401k membership
Total participants, beginning-of-year2011-10-0121
Total number of active participants reported on line 7a of the Form 55002011-10-0111
Number of retired or separated participants receiving benefits2011-10-013
Number of other retired or separated participants entitled to future benefits2011-10-017
Total of all active and inactive participants2011-10-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-10-011
Total participants2011-10-0122
2009: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2009 401k membership
Total participants, beginning-of-year2009-10-0121
Total number of active participants reported on line 7a of the Form 55002009-10-0111
Number of retired or separated participants receiving benefits2009-10-011
Number of other retired or separated participants entitled to future benefits2009-10-019
Total of all active and inactive participants2009-10-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-011
Total participants2009-10-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST

Measure Date Value
2016 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2016 401k financial data
Transfers to/from the plan2016-09-30$0
Total income from all sources2016-09-30$952,707
Expenses. Total of all expenses incurred2016-09-30$4,981,944
Benefits paid (including direct rollovers)2016-09-30$4,957,050
Total plan assets at end of year2016-09-30$0
Total plan assets at beginning of year2016-09-30$4,029,237
Value of fidelity bond covering the plan2016-09-30$1,500,000
Expenses. Other expenses not covered elsewhere2016-09-30$24,881
Other income received2016-09-30$350,106
Net income (gross income less expenses)2016-09-30$-4,029,237
Net plan assets at end of year (total assets less liabilities)2016-09-30$0
Net plan assets at beginning of year (total assets less liabilities)2016-09-30$4,029,237
Total contributions received or receivable from employer(s)2016-09-30$602,601
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-30$13
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-09-30$0
2015 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2015 401k financial data
Total income from all sources2015-09-30$196,053
Expenses. Total of all expenses incurred2015-09-30$58,531
Benefits paid (including direct rollovers)2015-09-30$25,723
Total plan assets at end of year2015-09-30$4,029,237
Total plan assets at beginning of year2015-09-30$3,891,715
Value of fidelity bond covering the plan2015-09-30$1,500,000
Expenses. Other expenses not covered elsewhere2015-09-30$32,808
Other income received2015-09-30$-12,143
Net income (gross income less expenses)2015-09-30$137,522
Net plan assets at end of year (total assets less liabilities)2015-09-30$4,029,237
Net plan assets at beginning of year (total assets less liabilities)2015-09-30$3,891,715
Total contributions received or receivable from employer(s)2015-09-30$208,196
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-09-30$0
2014 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2014 401k financial data
Total income from all sources2014-09-30$591,665
Expenses. Total of all expenses incurred2014-09-30$52,180
Benefits paid (including direct rollovers)2014-09-30$22,238
Total plan assets at end of year2014-09-30$3,891,715
Total plan assets at beginning of year2014-09-30$3,352,230
Value of fidelity bond covering the plan2014-09-30$1,500,000
Expenses. Other expenses not covered elsewhere2014-09-30$29,942
Other income received2014-09-30$383,469
Net income (gross income less expenses)2014-09-30$539,485
Net plan assets at end of year (total assets less liabilities)2014-09-30$3,891,715
Net plan assets at beginning of year (total assets less liabilities)2014-09-30$3,352,230
Total contributions received or receivable from employer(s)2014-09-30$208,196
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-09-30$0
2013 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2013 401k financial data
Total income from all sources2013-09-30$345,246
Expenses. Total of all expenses incurred2013-09-30$47,266
Benefits paid (including direct rollovers)2013-09-30$19,621
Total plan assets at end of year2013-09-30$3,352,230
Total plan assets at beginning of year2013-09-30$3,054,250
Value of fidelity bond covering the plan2013-09-30$1,500,000
Other income received2013-09-30$137,050
Net income (gross income less expenses)2013-09-30$297,980
Net plan assets at end of year (total assets less liabilities)2013-09-30$3,352,230
Net plan assets at beginning of year (total assets less liabilities)2013-09-30$3,054,250
Total contributions received or receivable from employer(s)2013-09-30$208,196
Expenses. Administrative service providers (salaries,fees and commissions)2013-09-30$27,645
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-09-30$0
2012 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2012 401k financial data
Total income from all sources2012-09-30$637,064
Expenses. Total of all expenses incurred2012-09-30$42,565
Benefits paid (including direct rollovers)2012-09-30$15,490
Total plan assets at end of year2012-09-30$3,054,250
Total plan assets at beginning of year2012-09-30$2,459,751
Value of fidelity bond covering the plan2012-09-30$1,500,000
Other income received2012-09-30$416,810
Net income (gross income less expenses)2012-09-30$594,499
Net plan assets at end of year (total assets less liabilities)2012-09-30$3,054,250
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$2,459,751
Total contributions received or receivable from employer(s)2012-09-30$220,254
Expenses. Administrative service providers (salaries,fees and commissions)2012-09-30$27,075
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-09-30$0
2011 : THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2011 401k financial data
Total income from all sources2011-09-30$249,643
Expenses. Total of all expenses incurred2011-09-30$39,727
Benefits paid (including direct rollovers)2011-09-30$13,920
Total plan assets at end of year2011-09-30$2,459,751
Total plan assets at beginning of year2011-09-30$2,249,835
Value of fidelity bond covering the plan2011-09-30$1,500,000
Other income received2011-09-30$70,228
Net income (gross income less expenses)2011-09-30$209,916
Net plan assets at end of year (total assets less liabilities)2011-09-30$2,459,751
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$2,249,835
Total contributions received or receivable from employer(s)2011-09-30$179,415
Expenses. Administrative service providers (salaries,fees and commissions)2011-09-30$25,807
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-09-30$0

Form 5500 Responses for THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST

2015: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingYes
2015-10-01This return/report is a short plan year return/report (less than 12 months)No
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – TrustYes
2015-10-01Plan benefit arrangement - TrustYes
2014: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2014 form 5500 responses
2014-10-01Type of plan entitySingle employer plan
2014-10-01Submission has been amendedNo
2014-10-01This submission is the final filingNo
2014-10-01This return/report is a short plan year return/report (less than 12 months)No
2014-10-01Plan is a collectively bargained planNo
2014-10-01Plan funding arrangement – TrustYes
2014-10-01Plan benefit arrangement - TrustYes
2013: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedNo
2013-10-01This submission is the final filingNo
2013-10-01This return/report is a short plan year return/report (less than 12 months)No
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – TrustYes
2013-10-01Plan benefit arrangement - TrustYes
2012: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Submission has been amendedNo
2012-10-01This submission is the final filingNo
2012-10-01This return/report is a short plan year return/report (less than 12 months)No
2012-10-01Plan is a collectively bargained planNo
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Submission has been amendedNo
2011-10-01This submission is the final filingNo
2011-10-01This return/report is a short plan year return/report (less than 12 months)No
2011-10-01Plan is a collectively bargained planNo
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2009: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01Submission has been amendedNo
2009-10-01This submission is the final filingNo
2009-10-01This return/report is a short plan year return/report (less than 12 months)No
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes
2008: THE RETIREMENT PLAN OF MAINE ASSOCIATION OF COMMUNITY BANKS IN RSI RETIREMENT TRUST 2008 form 5500 responses
2008-10-01Type of plan entitySingle employer plan
2008-10-01Submission has been amendedNo
2008-10-01This submission is the final filingNo
2008-10-01This return/report is a short plan year return/report (less than 12 months)No
2008-10-01Plan is a collectively bargained planNo

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