STERLING NATIONAL BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan STERLING BANCORP/STERLING NATIONAL BANK 401(K) PLAN
401k plan membership statisitcs for STERLING BANCORP/STERLING NATIONAL BANK 401(K) PLAN
Measure | Date | Value |
---|
2014 : STERLING BANCORP/STERLING NATIONAL BANK 401(K) PLAN 2014 401k financial data |
---|
Unrealized appreciation/depreciation of real estate assets | 2014-12-31 | $0 |
Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $347,433 |
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $347,433 |
Total transfer of assets to this plan | 2014-12-31 | $0 |
Total transfer of assets from this plan | 2014-12-31 | $36,605,092 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $36,605,092 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $5,992,270 |
Total loss/gain on sale of assets | 2014-12-31 | $-39,967 |
Total of all expenses incurred | 2014-12-31 | $9,258,566 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $9,226,473 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $0 |
Value of total corrective distributions | 2014-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $3,515,257 |
Value of total assets at end of year | 2014-12-31 | $36,605,092 |
Value of total assets at beginning of year | 2014-12-31 | $39,871,388 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $32,093 |
Total income from rents | 2014-12-31 | $0 |
Total interest from all sources | 2014-12-31 | $29,480 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $133,379 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $33,217 |
Administrative expenses professional fees incurred | 2014-12-31 | $2,444 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
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 | $2,710,023 |
Participant contributions at end of year | 2014-12-31 | $465,275 |
Participant contributions at beginning of year | 2014-12-31 | $659,000 |
Participant contributions at end of year | 2014-12-31 | $0 |
Participant contributions at beginning of year | 2014-12-31 | $400 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $23,110 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $36,605,092 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $0 |
Other income not declared elsewhere | 2014-12-31 | $8,313 |
Administrative expenses (other) incurred | 2014-12-31 | $74 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $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 | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $-3,266,296 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $39,871,388 |
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 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $2,549,399 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $2,948,712 |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $25,451,506 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $25,539,948 |
Interest on participant loans | 2014-12-31 | $29,480 |
Income. Interest from loans (other than to participants) | 2014-12-31 | $0 |
Interest earned on other investments | 2014-12-31 | $0 |
Income. Interest from US Government securities | 2014-12-31 | $0 |
Income. Interest from corporate debt instruments | 2014-12-31 | $0 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $3,188,025 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $3,898,318 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $536,986 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $810,620 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $159,914 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $1,797,050 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $41,411 |
Net gain/loss from 103.12 investment entities | 2014-12-31 | $0 |
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 |
Assets. Invements in employer securities at end of year | 2014-12-31 | $4,413,901 |
Assets. Invements in employer securities at beginning of year | 2014-12-31 | $5,525,050 |
Contributions received in cash from employer | 2014-12-31 | $782,124 |
Employer contributions (assets) at end of year | 2014-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $489,340 |
Income. Dividends from preferred stock | 2014-12-31 | $0 |
Income. Dividends from common stock | 2014-12-31 | $100,162 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $9,226,473 |
Contract administrator fees | 2014-12-31 | $29,575 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
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 | Yes |
Aggregate proceeds on sale of assets | 2014-12-31 | $2,037,128 |
Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $2,077,095 |
Liabilities. Value of acquisition indebtedness at beginning of year | 2014-12-31 | $0 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
Accountancy firm name | 2014-12-31 | BUCHBINDER TUNICK & COMPANY LLP |
Accountancy firm EIN | 2014-12-31 | 131578842 |