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OAK VIEW NATIONAL BANK 401(K) PLAN 401k Plan overview

Plan NameOAK VIEW NATIONAL BANK 401(K) PLAN
Plan identification number 001

OAK VIEW NATIONAL BANK 401(K) 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.

401k Sponsoring company profile

OAK VIEW NATIONAL BANK has sponsored the creation of one or more 401k plans.

Company Name:OAK VIEW NATIONAL BANK
Employer identification number (EIN):262656117
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OAK VIEW NATIONAL BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01CINDY BEAZLEY2024-08-22 CHRISTINE N. CORBETT2024-08-19
0012022-01-01VICTORIA HELLER2023-08-15 CHRISTINE CORBETT2023-08-31
0012021-01-01BOBBI WEIMER2022-06-30 CHRISTINE CORBETT2022-09-08
0012020-01-01BOBBI JO WEIMER2021-09-20 CHRISTINE N. CORBETT2021-09-29
0012019-01-01CHRISTINE CORBETT2020-10-14 BOBBI WEIMER2020-10-09
0012019-01-01CHRISTINE CORBETT2020-12-08 BOBBI WEIMER2020-12-04
0012018-01-01CHRISTINE CORBETT
0012017-01-01CAROL MEREWETHER
0012016-01-01CAROL MEREWETHER
0012015-01-01CAROL MEREWETHER
0012014-01-01MICHAEL EWING
0012013-01-01MICHAEL EWING
0012012-01-01CAROL MEREWETHER CAROL MEREWETHER2013-10-11
0012011-01-01MICHAEL EWING2012-07-24
0012010-01-01CAROL MEREWETHER2011-07-19
0012009-10-01MICHAEL A EWING

Plan Statistics for OAK VIEW NATIONAL BANK 401(K) PLAN

401k plan membership statisitcs for OAK VIEW NATIONAL BANK 401(K) PLAN

Measure Date Value
2018: OAK VIEW NATIONAL BANK 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0148
Total number of active participants reported on line 7a of the Form 55002018-01-0147
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0150
Number of participants with account balances2018-01-0147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: OAK VIEW NATIONAL BANK 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0143
Total number of active participants reported on line 7a of the Form 55002017-01-0144
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0148
Number of participants with account balances2017-01-0148
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-012
2016: OAK VIEW NATIONAL BANK 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0138
Total number of active participants reported on line 7a of the Form 55002016-01-0142
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-0143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0143
Number of participants with account balances2016-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011
2015: OAK VIEW NATIONAL BANK 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0142
Total number of active participants reported on line 7a of the Form 55002015-01-0137
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0138
Number of participants with account balances2015-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OAK VIEW NATIONAL BANK 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0138
Total number of active participants reported on line 7a of the Form 55002014-01-0138
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0142
Number of participants with account balances2014-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: OAK VIEW NATIONAL BANK 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0129
Total number of active participants reported on line 7a of the Form 55002013-01-0136
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0138
Number of participants with account balances2013-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-016
2012: OAK VIEW NATIONAL BANK 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0130
Total number of active participants reported on line 7a of the Form 55002012-01-0129
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0129
Number of participants with account balances2012-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2009: OAK VIEW NATIONAL BANK 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-10-0124
Total number of active participants reported on line 7a of the Form 55002009-10-0126
Number of retired or separated participants receiving benefits2009-10-010
Number of other retired or separated participants entitled to future benefits2009-10-010
Total of all active and inactive participants2009-10-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-10-010
Total participants2009-10-0126
Number of participants with account balances2009-10-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-10-010

Financial Data on OAK VIEW NATIONAL BANK 401(K) PLAN

Measure Date Value
2018 : OAK VIEW NATIONAL BANK 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$279,181
Expenses. Total of all expenses incurred2018-12-31$214,455
Benefits paid (including direct rollovers)2018-12-31$204,393
Total plan assets at end of year2018-12-31$3,300,443
Total plan assets at beginning of year2018-12-31$3,235,717
Value of fidelity bond covering the plan2018-12-31$1,000,000
Total contributions received or receivable from participants2018-12-31$241,880
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-184,315
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$64,726
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,300,443
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,235,717
Assets. Value of participant loans2018-12-31$137,874
Total contributions received or receivable from employer(s)2018-12-31$221,616
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$10,062
2017 : OAK VIEW NATIONAL BANK 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$854,906
Expenses. Total of all expenses incurred2017-12-31$11,276
Benefits paid (including direct rollovers)2017-12-31$4,921
Total plan assets at end of year2017-12-31$3,235,717
Total plan assets at beginning of year2017-12-31$2,392,087
Value of fidelity bond covering the plan2017-12-31$1,000,000
Total contributions received or receivable from participants2017-12-31$232,718
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$423,108
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$843,630
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,235,717
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,392,087
Assets. Value of participant loans2017-12-31$112,850
Total contributions received or receivable from employer(s)2017-12-31$199,080
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$6,355
2016 : OAK VIEW NATIONAL BANK 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$572,900
Expenses. Total of all expenses incurred2016-12-31$94,295
Benefits paid (including direct rollovers)2016-12-31$84,767
Total plan assets at end of year2016-12-31$2,392,087
Total plan assets at beginning of year2016-12-31$1,913,482
Value of fidelity bond covering the plan2016-12-31$1,000,000
Total contributions received or receivable from participants2016-12-31$183,950
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$56,815
Other income received2016-12-31$160,819
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$478,605
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,392,087
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,913,482
Assets. Value of participant loans2016-12-31$110,594
Total contributions received or receivable from employer(s)2016-12-31$171,316
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$9,528
2015 : OAK VIEW NATIONAL BANK 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$321,296
Expenses. Total of all expenses incurred2015-12-31$408,967
Benefits paid (including direct rollovers)2015-12-31$399,016
Total plan assets at end of year2015-12-31$1,913,482
Total plan assets at beginning of year2015-12-31$2,001,153
Value of fidelity bond covering the plan2015-12-31$1,000,000
Total contributions received or receivable from participants2015-12-31$157,962
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-1,162
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-87,671
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,913,482
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,001,153
Assets. Value of participant loans2015-12-31$111,525
Total contributions received or receivable from employer(s)2015-12-31$164,496
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$9,951
2014 : OAK VIEW NATIONAL BANK 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$662,235
Expenses. Total of all expenses incurred2014-12-31$9,087
Benefits paid (including direct rollovers)2014-12-31$64
Total plan assets at end of year2014-12-31$2,001,153
Total plan assets at beginning of year2014-12-31$1,348,005
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$160,737
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$252,409
Other income received2014-12-31$95,813
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$653,148
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,001,153
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,348,005
Assets. Value of participant loans2014-12-31$84,690
Total contributions received or receivable from employer(s)2014-12-31$153,276
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$9,023
2013 : OAK VIEW NATIONAL BANK 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$442,102
Expenses. Total of all expenses incurred2013-12-31$16,095
Benefits paid (including direct rollovers)2013-12-31$9,976
Total plan assets at end of year2013-12-31$1,348,005
Total plan assets at beginning of year2013-12-31$921,998
Value of fidelity bond covering the plan2013-12-31$1,000,000
Total contributions received or receivable from participants2013-12-31$135,984
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$8,127
Other income received2013-12-31$168,588
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$426,007
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,348,005
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$921,998
Assets. Value of participant loans2013-12-31$92,300
Total contributions received or receivable from employer(s)2013-12-31$129,403
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$6,119
2012 : OAK VIEW NATIONAL BANK 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$396,433
Expenses. Total of all expenses incurred2012-12-31$6,847
Benefits paid (including direct rollovers)2012-12-31$3,321
Total plan assets at end of year2012-12-31$921,998
Total plan assets at beginning of year2012-12-31$532,412
Value of fidelity bond covering the plan2012-12-31$1,000,000
Total contributions received or receivable from participants2012-12-31$127,117
Contributions received from other sources (not participants or employers)2012-12-31$75,150
Other income received2012-12-31$66,317
Net income (gross income less expenses)2012-12-31$389,586
Net plan assets at end of year (total assets less liabilities)2012-12-31$921,998
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$532,412
Assets. Value of participant loans2012-12-31$81,286
Total contributions received or receivable from employer(s)2012-12-31$127,849
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$3,526
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0

Form 5500 Responses for OAK VIEW NATIONAL BANK 401(K) PLAN

2018: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OAK VIEW NATIONAL BANK 401(K) 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: OAK VIEW NATIONAL BANK 401(K) 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 funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2009: OAK VIEW NATIONAL BANK 401(K) PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01First time form 5500 has been submittedYes
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)Yes
2009-10-01Plan is a collectively bargained planNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

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