PEOPLE'S UNITED BANK, N.A. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SBERA 401(K) PLAN AS ADOPTED BY DANVERSBANK
Measure | Date | Value |
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2014 : SBERA 401(K) PLAN AS ADOPTED BY DANVERSBANK 2014 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2014-07-01 | $0 |
Total transfer of assets from this plan | 2014-07-01 | $15,640,843 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-07-01 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-07-01 | $0 |
Total income from all sources (including contributions) | 2014-07-01 | $494,085 |
Total loss/gain on sale of assets | 2014-07-01 | $0 |
Total of all expenses incurred | 2014-07-01 | $3,982,730 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-07-01 | $3,978,155 |
Expenses. Certain deemed distributions of participant loans | 2014-07-01 | $4,575 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-07-01 | $0 |
Value of total assets at end of year | 2014-07-01 | $0 |
Value of total assets at beginning of year | 2014-07-01 | $19,129,488 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-07-01 | $0 |
Total interest from all sources | 2014-07-01 | $3,635 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-07-01 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-07-01 | No |
Was this plan covered by a fidelity bond | 2014-07-01 | Yes |
Value of fidelity bond cover | 2014-07-01 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2014-07-01 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-07-01 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-07-01 | No |
Participant contributions at end of year | 2014-07-01 | $0 |
Participant contributions at beginning of year | 2014-07-01 | $186,904 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-07-01 | No |
Value of net income/loss | 2014-07-01 | $-3,488,645 |
Value of net assets at end of year (total assets less liabilities) | 2014-07-01 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-07-01 | $19,129,488 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-07-01 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-07-01 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-07-01 | No |
Interest on participant loans | 2014-07-01 | $3,635 |
Value of interest in common/collective trusts at end of year | 2014-07-01 | $0 |
Value of interest in common/collective trusts at beginning of year | 2014-07-01 | $18,942,584 |
Net investment gain or loss from common/collective trusts | 2014-07-01 | $490,450 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-07-01 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-07-01 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-07-01 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-07-01 | $3,978,155 |
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 | 2014-07-01 | Yes |
Did the plan have assets held for investment | 2014-07-01 | 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 | 2014-07-01 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-07-01 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-07-01 | No |
Opinion of an independent qualified public accountant for this plan | 2014-07-01 | Unqualified |
Accountancy firm name | 2014-07-01 | JOHNSON OCONNOR FERON & CARUCCI LLP |
Accountancy firm EIN | 2014-07-01 | 203985546 |
2013 : SBERA 401(K) PLAN AS ADOPTED BY DANVERSBANK 2013 401k financial data |
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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 | $0 |
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 | $3,574,852 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $4,538,616 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $4,488,935 |
Expenses. Certain deemed distributions of participant loans | 2013-12-31 | $49,681 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
Value of total assets at end of year | 2013-12-31 | $19,129,488 |
Value of total assets at beginning of year | 2013-12-31 | $20,093,252 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $0 |
Total interest from all sources | 2013-12-31 | $9,737 |
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 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Participant contributions at end of year | 2013-12-31 | $186,904 |
Participant contributions at beginning of year | 2013-12-31 | $283,919 |
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 | $-963,764 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $19,129,488 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $20,093,252 |
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 |
Income. Interest from loans (other than to participants) | 2013-12-31 | $9,737 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $18,942,584 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $19,809,333 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $3,565,115 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $4,488,935 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Unqualified |
Accountancy firm name | 2013-12-31 | MARCUM LLP |
Accountancy firm EIN | 2013-12-31 | 111986323 |
2012 : SBERA 401(K) PLAN AS ADOPTED BY DANVERSBANK 2012 401k financial data |
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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 | $350,332 |
Total income from all sources (including contributions) | 2012-12-31 | $1,905,940 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $10,027,057 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $9,829,216 |
Expenses. Certain deemed distributions of participant loans | 2012-12-31 | $197,841 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $20,093,252 |
Value of total assets at beginning of year | 2012-12-31 | $28,564,701 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
Total interest from all sources | 2012-12-31 | $16,807 |
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 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $0 |
Participant contributions at end of year | 2012-12-31 | $283,919 |
Participant contributions at beginning of year | 2012-12-31 | $553,610 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $-8,121,117 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $20,093,252 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $28,214,369 |
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 |
Interest on participant loans | 2012-12-31 | $16,807 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $19,809,333 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $28,011,091 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $1,889,133 |
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 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $9,829,216 |
Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $350,332 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
Accountancy firm name | 2012-12-31 | MARCUM, LLP |
Accountancy firm EIN | 2012-12-31 | 111986323 |