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MILLINGTON BANK SAVINGS PLAN 401k Plan overview

Plan NameMILLINGTON BANK SAVINGS PLAN
Plan identification number 002

MILLINGTON BANK SAVINGS PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:MILLINGTON SAVINGS BANK
Employer identification number (EIN):221118190
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MILLINGTON BANK SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022020-01-01MICHAEL SHRINER2021-03-18 MICHAEL SHRINER2021-03-18
0022019-01-01
0022018-01-01MICHAEL SHRINER MICHAEL SHRINER2019-06-12
0022017-01-01MICHAEL SHRINER MICHAEL SHRINER2018-07-09
0022016-01-01KATHERINE STEVER KATHERINE STEVER2017-07-05
0022015-01-01KATHERINE STEVER KATHERINE STEVER2016-07-11
0022014-01-01KATHERINE STEVER KATHERINE STEVER2015-06-01
0022013-01-01KATHERINE STEVER KATHERINE STEVER2014-05-07
0022012-01-01COURTNEY CHESHIRE COURTNEY CHESHIRE2013-06-18
0022011-01-01KATHERINE E. STEVER KATHERINE E. STEVER2012-06-28
0022009-01-01GARY T. JOLLIFFE GARY T. JOLLIFFE2010-08-19

Financial Data on MILLINGTON BANK SAVINGS PLAN

Measure Date Value
2020 : MILLINGTON BANK SAVINGS PLAN 2020 401k financial data
Total income from all sources2020-08-31$-5,505
Expenses. Total of all expenses incurred2020-08-31$4,446,215
Benefits paid (including direct rollovers)2020-08-31$4,439,026
Total plan assets at end of year2020-08-31$0
Total plan assets at beginning of year2020-08-31$4,451,720
Value of fidelity bond covering the plan2020-08-31$5,000,000
Total contributions received or receivable from participants2020-08-31$176,754
Other income received2020-08-31$-240,101
Net income (gross income less expenses)2020-08-31$-4,451,720
Net plan assets at end of year (total assets less liabilities)2020-08-31$0
Net plan assets at beginning of year (total assets less liabilities)2020-08-31$4,451,720
Assets. Value of participant loans2020-08-31$0
Assets. Value of employer securities2020-08-31$0
Total contributions received or receivable from employer(s)2020-08-31$57,842
Value of corrective distributions2020-08-31$1,836
Expenses. Administrative service providers (salaries,fees and commissions)2020-08-31$5,353
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-08-31$0
2019 : MILLINGTON BANK SAVINGS PLAN 2019 401k financial data
Total income from all sources2019-12-31$755,342
Expenses. Total of all expenses incurred2019-12-31$406,058
Benefits paid (including direct rollovers)2019-12-31$403,642
Total plan assets at end of year2019-12-31$4,451,720
Total plan assets at beginning of year2019-12-31$4,102,436
Value of fidelity bond covering the plan2019-12-31$1,000,000
Total contributions received or receivable from participants2019-12-31$270,497
Other income received2019-12-31$397,655
Net income (gross income less expenses)2019-12-31$349,284
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,451,720
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$4,102,436
Assets. Value of participant loans2019-12-31$12,526
Assets. Value of employer securities2019-12-31$878,262
Total contributions received or receivable from employer(s)2019-12-31$87,190
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$2,416
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MILLINGTON BANK SAVINGS PLAN 2018 401k financial data
Total income from all sources2018-12-31$434,277
Expenses. Total of all expenses incurred2018-12-31$750,111
Benefits paid (including direct rollovers)2018-12-31$740,028
Total plan assets at end of year2018-12-31$4,102,436
Total plan assets at beginning of year2018-12-31$4,418,270
Value of fidelity bond covering the plan2018-12-31$1,000,000
Total contributions received or receivable from participants2018-12-31$288,543
Contributions received from other sources (not participants or employers)2018-12-31$33,109
Other income received2018-12-31$26,495
Net income (gross income less expenses)2018-12-31$-315,834
Net plan assets at end of year (total assets less liabilities)2018-12-31$4,102,436
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$4,418,270
Assets. Value of participant loans2018-12-31$24,658
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022018-12-31$9,897
Assets. Value of employer securities2018-12-31$790,812
Total contributions received or receivable from employer(s)2018-12-31$86,130
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$10,083
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MILLINGTON BANK SAVINGS PLAN 2017 401k financial data
Total income from all sources2017-12-31$631,204
Expenses. Total of all expenses incurred2017-12-31$338,682
Benefits paid (including direct rollovers)2017-12-31$338,077
Total plan assets at end of year2017-12-31$4,418,270
Total plan assets at beginning of year2017-12-31$4,125,748
Value of fidelity bond covering the plan2017-12-31$1,000,000
Total contributions received or receivable from participants2017-12-31$263,451
Contributions received from other sources (not participants or employers)2017-12-31$20,649
Other income received2017-12-31$272,300
Net income (gross income less expenses)2017-12-31$292,522
Net plan assets at end of year (total assets less liabilities)2017-12-31$4,418,270
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$4,125,748
Assets. Value of participant loans2017-12-31$86,022
Assets. Value of employer securities2017-12-31$805,746
Total contributions received or receivable from employer(s)2017-12-31$74,804
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$605
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MILLINGTON BANK SAVINGS PLAN 2016 401k financial data
Total income from all sources2016-12-31$540,694
Expenses. Total of all expenses incurred2016-12-31$115,279
Benefits paid (including direct rollovers)2016-12-31$104,734
Total plan assets at end of year2016-12-31$4,125,748
Total plan assets at beginning of year2016-12-31$3,700,333
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$236,499
Other income received2016-12-31$238,472
Net income (gross income less expenses)2016-12-31$425,415
Net plan assets at end of year (total assets less liabilities)2016-12-31$4,125,748
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$3,700,333
Assets. Value of participant loans2016-12-31$115,231
Assets. Value of employer securities2016-12-31$647,368
Total contributions received or receivable from employer(s)2016-12-31$65,723
Value of corrective distributions2016-12-31$5,568
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$4,977
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MILLINGTON BANK SAVINGS PLAN 2015 401k financial data
Total income from all sources2015-12-31$612,735
Expenses. Total of all expenses incurred2015-12-31$918,191
Benefits paid (including direct rollovers)2015-12-31$909,060
Total plan assets at end of year2015-12-31$3,700,333
Total plan assets at beginning of year2015-12-31$4,005,789
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$219,861
Contributions received from other sources (not participants or employers)2015-12-31$41,318
Other income received2015-12-31$291,850
Net income (gross income less expenses)2015-12-31$-305,456
Net plan assets at end of year (total assets less liabilities)2015-12-31$3,700,333
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$4,005,789
Assets. Value of participant loans2015-12-31$81,126
Assets. Value of employer securities2015-12-31$477,733
Total contributions received or receivable from employer(s)2015-12-31$59,706
Value of certain deemed distributions of participant loans2015-12-31$5,077
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$4,054
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : MILLINGTON BANK SAVINGS PLAN 2014 401k financial data
Total income from all sources2014-12-31$492,266
Expenses. Total of all expenses incurred2014-12-31$234,021
Benefits paid (including direct rollovers)2014-12-31$223,818
Total plan assets at end of year2014-12-31$4,005,789
Total plan assets at beginning of year2014-12-31$3,747,544
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$191,946
Other income received2014-12-31$240,360
Net income (gross income less expenses)2014-12-31$258,245
Net plan assets at end of year (total assets less liabilities)2014-12-31$4,005,789
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,747,544
Assets. Value of participant loans2014-12-31$107,418
Assets. Value of employer securities2014-12-31$369,102
Total contributions received or receivable from employer(s)2014-12-31$59,960
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$10,203
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : MILLINGTON BANK SAVINGS PLAN 2013 401k financial data
Total income from all sources2013-12-31$535,154
Expenses. Total of all expenses incurred2013-12-31$309,743
Benefits paid (including direct rollovers)2013-12-31$306,225
Total plan assets at end of year2013-12-31$3,747,544
Total plan assets at beginning of year2013-12-31$3,522,133
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$177,317
Other income received2013-12-31$307,065
Net income (gross income less expenses)2013-12-31$225,411
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,747,544
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$3,522,133
Assets. Value of participant loans2013-12-31$126,301
Assets. Value of employer securities2013-12-31$277,321
Total contributions received or receivable from employer(s)2013-12-31$50,772
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$3,518
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : MILLINGTON BANK SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$553,091
Expenses. Total of all expenses incurred2012-12-31$659,500
Benefits paid (including direct rollovers)2012-12-31$658,566
Total plan assets at end of year2012-12-31$3,522,133
Total plan assets at beginning of year2012-12-31$3,628,542
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$178,169
Contributions received from other sources (not participants or employers)2012-12-31$485
Other income received2012-12-31$330,727
Net income (gross income less expenses)2012-12-31$-106,409
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,522,133
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$3,628,542
Assets. Value of participant loans2012-12-31$127,885
Assets. Value of employer securities2012-12-31$392,499
Total contributions received or receivable from employer(s)2012-12-31$43,710
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$934
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : MILLINGTON BANK SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$285,607
Expenses. Total of all expenses incurred2011-12-31$103,596
Benefits paid (including direct rollovers)2011-12-31$98,646
Total plan assets at end of year2011-12-31$3,628,542
Total plan assets at beginning of year2011-12-31$3,446,531
Value of fidelity bond covering the plan2011-12-31$1,000,000
Total contributions received or receivable from participants2011-12-31$183,758
Other income received2011-12-31$-26,764
Net income (gross income less expenses)2011-12-31$182,011
Net plan assets at end of year (total assets less liabilities)2011-12-31$3,628,542
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$3,446,531
Assets. Value of participant loans2011-12-31$127,549
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$4,255
Assets. Value of employer securities2011-12-31$252,157
Total contributions received or receivable from employer(s)2011-12-31$128,613
Value of certain deemed distributions of participant loans2011-12-31$4,557
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$393
2010 : MILLINGTON BANK SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$370,528
Expenses. Total of all expenses incurred2010-12-31$20,285
Benefits paid (including direct rollovers)2010-12-31$20,285
Total plan assets at end of year2010-12-31$3,446,531
Total plan assets at beginning of year2010-12-31$3,096,288
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$158,823
Other income received2010-12-31$101,246
Net income (gross income less expenses)2010-12-31$350,243
Net plan assets at end of year (total assets less liabilities)2010-12-31$3,446,531
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,096,288
Assets. Value of participant loans2010-12-31$143,174
Assets. Value of employer securities2010-12-31$349,215
Total contributions received or receivable from employer(s)2010-12-31$110,459
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : MILLINGTON BANK SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for MILLINGTON BANK SAVINGS PLAN

2020: MILLINGTON BANK SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MILLINGTON BANK SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MILLINGTON BANK SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MILLINGTON BANK SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: MILLINGTON BANK SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: MILLINGTON BANK SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: MILLINGTON BANK SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: MILLINGTON BANK SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: MILLINGTON BANK SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: MILLINGTON BANK SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: MILLINGTON BANK SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1
AMERICAN UNITED LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60895 )
Policy contract numberG34192
Policy instance 1

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