CENTRIC BANK has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2023 : CENTRIC BANK 401K PLAN 2023 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2023-07-18 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-07-18 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-07-18 | $2,897 |
Total income from all sources (including contributions) | 2023-07-18 | $579,756 |
Total loss/gain on sale of assets | 2023-07-18 | $0 |
Total of all expenses incurred | 2023-07-18 | $6,681,367 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-07-18 | $6,613,515 |
Value of total corrective distributions | 2023-07-18 | $31,946 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-07-18 | $162,570 |
Value of total assets at end of year | 2023-07-18 | $0 |
Value of total assets at beginning of year | 2023-07-18 | $6,104,508 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-07-18 | $35,906 |
Total interest from all sources | 2023-07-18 | $1,617 |
Total dividends received (eg from common stock, registered investment company shares) | 2023-07-18 | $14,730 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-07-18 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-07-18 | $0 |
Total dividends received from registered investment company shares (eg mutual funds) | 2023-07-18 | $14,730 |
Was this plan covered by a fidelity bond | 2023-07-18 | Yes |
Value of fidelity bond cover | 2023-07-18 | $500,000 |
If this is an individual account plan, was there a blackout period | 2023-07-18 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-07-18 | No |
Contributions received from participants | 2023-07-18 | $122,078 |
Participant contributions at end of year | 2023-07-18 | $0 |
Participant contributions at beginning of year | 2023-07-18 | $92,138 |
Participant contributions at end of year | 2023-07-18 | $0 |
Participant contributions at beginning of year | 2023-07-18 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-07-18 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-07-18 | $2,897 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-07-18 | No |
Value of net income/loss | 2023-07-18 | $-6,101,611 |
Value of net assets at end of year (total assets less liabilities) | 2023-07-18 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-07-18 | $6,101,611 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-07-18 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-07-18 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-07-18 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-07-18 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-07-18 | $5,034,315 |
Interest on participant loans | 2023-07-18 | $1,612 |
Value of interest in common/collective trusts at end of year | 2023-07-18 | $0 |
Value of interest in common/collective trusts at beginning of year | 2023-07-18 | $672,138 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-07-18 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-07-18 | $11 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-07-18 | $11 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-07-18 | $5 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-07-18 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-07-18 | $305,906 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-07-18 | $370,230 |
Net investment gain or loss from common/collective trusts | 2023-07-18 | $30,609 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-07-18 | No |
Was there a failure to transmit to the plan any participant contributions | 2023-07-18 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-07-18 | No |
Contributions received in cash from employer | 2023-07-18 | $40,492 |
Employer contributions (assets) at end of year | 2023-07-18 | $0 |
Employer contributions (assets) at beginning of year | 2023-07-18 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-07-18 | $6,613,515 |
Did the plan have assets held for investment | 2023-07-18 | 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 | 2023-07-18 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-07-18 | Yes |
Opinion of an independent qualified public accountant for this plan | 2023-07-18 | Unqualified |
Accountancy firm name | 2023-07-18 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2023-07-18 | 251616561 |
2022 : CENTRIC BANK 401K PLAN 2022 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,897 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
Total income from all sources (including contributions) | 2022-12-31 | $-134,102 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $272,781 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $266,738 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $881,658 |
Value of total assets at end of year | 2022-12-31 | $6,104,508 |
Value of total assets at beginning of year | 2022-12-31 | $6,508,494 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $6,043 |
Total interest from all sources | 2022-12-31 | $5,065 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $6,043 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $658,979 |
Participant contributions at end of year | 2022-12-31 | $92,138 |
Participant contributions at beginning of year | 2022-12-31 | $103,366 |
Participant contributions at end of year | 2022-12-31 | $0 |
Participant contributions at beginning of year | 2022-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $16,463 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $2,897 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
Other income not declared elsewhere | 2022-12-31 | $158,609 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-406,883 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,101,611 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,508,494 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $5,034,315 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $5,531,355 |
Interest on participant loans | 2022-12-31 | $5,047 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $672,138 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $618,647 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $11 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $4 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $4 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $18 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $305,906 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $255,122 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,179,434 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $206,216 |
Employer contributions (assets) at end of year | 2022-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $266,738 |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2022-12-31 | 251616561 |
2021 : CENTRIC BANK 401K PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total income from all sources (including contributions) | 2021-12-31 | $1,946,021 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $101,172 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $95,777 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,242,531 |
Value of total assets at end of year | 2021-12-31 | $6,508,494 |
Value of total assets at beginning of year | 2021-12-31 | $4,663,645 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $5,395 |
Total interest from all sources | 2021-12-31 | $4,614 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $193,864 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $193,864 |
Administrative expenses professional fees incurred | 2021-12-31 | $5,395 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $655,672 |
Participant contributions at end of year | 2021-12-31 | $103,366 |
Participant contributions at beginning of year | 2021-12-31 | $57,258 |
Participant contributions at end of year | 2021-12-31 | $0 |
Participant contributions at beginning of year | 2021-12-31 | $18,218 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $363,363 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,844,849 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,508,494 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,663,645 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $5,531,355 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $4,180,089 |
Interest on participant loans | 2021-12-31 | $4,614 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $618,647 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $229,768 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $4 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $3,530 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $3,530 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $255,122 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $167,560 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $505,012 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $223,496 |
Employer contributions (assets) at end of year | 2021-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $7,222 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $95,777 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2021-12-31 | 251616561 |
2020 : CENTRIC BANK 401K PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $1,505,332 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $337,518 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $331,746 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $877,697 |
Value of total assets at end of year | 2020-12-31 | $4,663,645 |
Value of total assets at beginning of year | 2020-12-31 | $3,495,831 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $5,772 |
Total interest from all sources | 2020-12-31 | $3,255 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $5,772 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $525,295 |
Participant contributions at end of year | 2020-12-31 | $57,258 |
Participant contributions at beginning of year | 2020-12-31 | $66,866 |
Participant contributions at end of year | 2020-12-31 | $18,218 |
Participant contributions at beginning of year | 2020-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $157,024 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,167,814 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,663,645 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,495,831 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $4,180,089 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $3,302,449 |
Interest on participant loans | 2020-12-31 | $3,255 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $229,768 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $3,530 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $4 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $4 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $167,560 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $126,512 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $624,380 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $195,378 |
Employer contributions (assets) at end of year | 2020-12-31 | $7,222 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $331,746 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | S.R. SNODGRASS, P.C. |
Accountancy firm EIN | 2020-12-31 | 251616561 |