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AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 401k Plan overview

Plan NameAMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING
Plan identification number 001

AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

AMERICAN BANK OF ST. PAUL has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN BANK OF ST. PAUL
Employer identification number (EIN):410988463
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01ANDREA BEDARD
0012014-01-01ANN HART ANN HART2015-07-30
0012013-01-01ANN HART ANN HART2014-06-30
0012012-01-01ANN HART
0012011-01-01ANN HART
0012009-01-01PHYLLIS J STROMBERG
0012009-01-01 PHYLLIS J STROMBERG2010-07-15

Plan Statistics for AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING

401k plan membership statisitcs for AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING

Measure Date Value
2015: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2015 401k membership
Total participants, beginning-of-year2015-01-01265
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2014 401k membership
Total participants, beginning-of-year2014-01-01265
Total number of active participants reported on line 7a of the Form 55002014-01-01159
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-0197
Total of all active and inactive participants2014-01-01258
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01259
Number of participants with account balances2014-01-01250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0113
2013: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2013 401k membership
Total participants, beginning-of-year2013-01-01258
Total number of active participants reported on line 7a of the Form 55002013-01-01153
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-01105
Total of all active and inactive participants2013-01-01259
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01260
Number of participants with account balances2013-01-01239
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-018
2012: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2012 401k membership
Total participants, beginning-of-year2012-01-01287
Total number of active participants reported on line 7a of the Form 55002012-01-01154
Number of retired or separated participants receiving benefits2012-01-012
Number of other retired or separated participants entitled to future benefits2012-01-0198
Total of all active and inactive participants2012-01-01254
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-012
Total participants2012-01-01256
Number of participants with account balances2012-01-01228
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-0118
2011: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2011 401k membership
Total participants, beginning-of-year2011-01-01283
Total number of active participants reported on line 7a of the Form 55002011-01-01182
Number of retired or separated participants receiving benefits2011-01-013
Number of other retired or separated participants entitled to future benefits2011-01-0194
Total of all active and inactive participants2011-01-01279
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-012
Total participants2011-01-01281
Number of participants with account balances2011-01-01256
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017
2009: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2009 401k membership
Total participants, beginning-of-year2009-01-01235
Total number of active participants reported on line 7a of the Form 55002009-01-01216
Number of retired or separated participants receiving benefits2009-01-013
Number of other retired or separated participants entitled to future benefits2009-01-0173
Total of all active and inactive participants2009-01-01292
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01292
Number of participants with account balances2009-01-01285
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING

Measure Date Value
2015 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-08-05$0
Total transfer of assets from this plan2015-08-05$4,100,687
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-08-05$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-08-05$0
Total income from all sources (including contributions)2015-08-05$836,562
Total loss/gain on sale of assets2015-08-05$0
Total of all expenses incurred2015-08-05$14,323,440
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-08-05$14,249,725
Value of total corrective distributions2015-08-05$21,857
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-08-05$502,557
Value of total assets at end of year2015-08-05$0
Value of total assets at beginning of year2015-08-05$17,587,565
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-08-05$51,858
Total interest from all sources2015-08-05$35,118
Total dividends received (eg from common stock, registered investment company shares)2015-08-05$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-08-05Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-08-05$0
Administrative expenses professional fees incurred2015-08-05$17,337
Was this plan covered by a fidelity bond2015-08-05Yes
Value of fidelity bond cover2015-08-05$400,000
If this is an individual account plan, was there a blackout period2015-08-05Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-08-05$0
Were there any nonexempt tranactions with any party-in-interest2015-08-05No
Contributions received from participants2015-08-05$311,442
Participant contributions at end of year2015-08-05$0
Participant contributions at beginning of year2015-08-05$303,764
Income. Received or receivable in cash from other sources (including rollovers)2015-08-05$89,093
Other income not declared elsewhere2015-08-05$6,013
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-05No
Value of net income/loss2015-08-05$-13,486,878
Value of net assets at end of year (total assets less liabilities)2015-08-05$0
Value of net assets at beginning of year (total assets less liabilities)2015-08-05$17,587,565
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-08-05No
Were any loans by the plan or fixed income obligations due to the plan in default2015-08-05No
Were any leases to which the plan was party in default or uncollectible2015-08-05No
Value of interest in pooled separate accounts at end of year2015-08-05$0
Value of interest in pooled separate accounts at beginning of year2015-08-05$14,451,991
Interest on participant loans2015-08-05$5,965
Interest earned on other investments2015-08-05$29,153
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-08-05$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-08-05$2,831,810
Net investment gain/loss from pooled separate accounts2015-08-05$292,874
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-08-05No
Was there a failure to transmit to the plan any participant contributions2015-08-05No
Has the plan failed to provide any benefit when due under the plan2015-08-05No
Contributions received in cash from employer2015-08-05$102,022
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-08-05$14,249,725
Contract administrator fees2015-08-05$34,521
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-08-05Yes
Did the plan have assets held for investment2015-08-05No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-05No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-08-05Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-08-05Yes
Opinion of an independent qualified public accountant for this plan2015-08-05Disclaimer
Accountancy firm name2015-08-05CLIFTONLARSONALLEN LLP
Accountancy firm EIN2015-08-05410746749
2014 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
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$1,941,044
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$1,681,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$1,662,649
Expenses. Certain deemed distributions of participant loans2014-12-31$5,018
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$954,159
Value of total assets at end of year2014-12-31$17,587,565
Value of total assets at beginning of year2014-12-31$17,327,696
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$13,508
Total interest from all sources2014-12-31$76,735
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$4,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$633,690
Participant contributions at end of year2014-12-31$303,764
Participant contributions at beginning of year2014-12-31$318,172
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$115,885
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$259,869
Value of net assets at end of year (total assets less liabilities)2014-12-31$17,587,565
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$17,327,696
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$14,451,991
Value of interest in pooled separate accounts at beginning of year2014-12-31$13,772,471
Interest on participant loans2014-12-31$13,677
Interest earned on other investments2014-12-31$63,058
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$2,831,810
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$3,237,053
Net investment gain/loss from pooled separate accounts2014-12-31$910,150
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$204,584
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$1,662,649
Contract administrator fees2014-12-31$13,508
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CLIFTONLARSENALLEN, LLP
Accountancy firm EIN2014-12-31410746749
2013 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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$3,522,650
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,194,892
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,184,209
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$742,863
Value of total assets at end of year2013-12-31$17,327,696
Value of total assets at beginning of year2013-12-31$14,999,938
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$10,683
Total interest from all sources2013-12-31$91,336
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 year2013-12-31No
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$4,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$560,180
Participant contributions at end of year2013-12-31$318,172
Participant contributions at beginning of year2013-12-31$310,612
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$32,184
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,327,758
Value of net assets at end of year (total assets less liabilities)2013-12-31$17,327,696
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$14,999,938
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$13,772,471
Value of interest in pooled separate accounts at beginning of year2013-12-31$8,874,118
Interest on participant loans2013-12-31$13,487
Interest earned on other investments2013-12-31$77,849
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$3,237,053
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$5,815,208
Net investment gain/loss from pooled separate accounts2013-12-31$2,688,451
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$150,499
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,184,209
Contract administrator fees2013-12-31$10,683
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CLIFTONLARSONALLEN,LLP
Accountancy firm EIN2013-12-31410746749
2012 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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$0
Total income from all sources (including contributions)2012-12-31$2,559,046
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$2,738,332
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$2,725,140
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,045,230
Value of total assets at end of year2012-12-31$14,999,938
Value of total assets at beginning of year2012-12-31$15,179,224
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$13,192
Total interest from all sources2012-12-31$157,555
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 year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$2,500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$571,969
Participant contributions at end of year2012-12-31$310,612
Participant contributions at beginning of year2012-12-31$236,951
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$411,127
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$-179,286
Value of net assets at end of year (total assets less liabilities)2012-12-31$14,999,938
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$15,179,224
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$8,874,118
Value of interest in pooled separate accounts at beginning of year2012-12-31$9,109,904
Interest on participant loans2012-12-31$10,773
Interest earned on other investments2012-12-31$146,782
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$5,815,208
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$5,832,369
Net investment gain/loss from pooled separate accounts2012-12-31$1,356,261
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$62,134
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$2,725,140
Contract administrator fees2012-12-31$13,192
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31CLIFTONLARSONALLEN, LLP
Accountancy firm EIN2012-12-31410746749
2011 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$429,801
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,299,312
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,285,470
Expenses. Certain deemed distributions of participant loans2011-12-31$3,221
Value of total corrective distributions2011-12-31$7,283
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,020,606
Value of total assets at end of year2011-12-31$15,179,224
Value of total assets at beginning of year2011-12-31$16,048,735
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,338
Total interest from all sources2011-12-31$180,349
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$5,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$703,605
Participant contributions at end of year2011-12-31$236,951
Participant contributions at beginning of year2011-12-31$89,814
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$73,878
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-869,511
Value of net assets at end of year (total assets less liabilities)2011-12-31$15,179,224
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$16,048,735
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in pooled separate accounts at end of year2011-12-31$9,109,904
Value of interest in pooled separate accounts at beginning of year2011-12-31$11,068,153
Interest on participant loans2011-12-31$9,276
Interest earned on other investments2011-12-31$171,073
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$5,832,369
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$4,890,768
Net investment gain/loss from pooled separate accounts2011-12-31$-771,154
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$243,123
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,285,470
Contract administrator fees2011-12-31$3,338
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2011-12-31410746749
2010 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$2,643,236
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$946,097
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$903,089
Expenses. Certain deemed distributions of participant loans2010-12-31$13,889
Value of total corrective distributions2010-12-31$25,821
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,008,870
Value of total assets at end of year2010-12-31$16,048,735
Value of total assets at beginning of year2010-12-31$14,351,596
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$3,298
Total interest from all sources2010-12-31$163,264
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$5,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$767,948
Participant contributions at end of year2010-12-31$89,814
Participant contributions at beginning of year2010-12-31$33,051
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$7,753
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,697,139
Value of net assets at end of year (total assets less liabilities)2010-12-31$16,048,735
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$14,351,596
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in pooled separate accounts at end of year2010-12-31$11,068,153
Value of interest in pooled separate accounts at beginning of year2010-12-31$10,043,507
Interest on participant loans2010-12-31$2,722
Interest earned on other investments2010-12-31$160,542
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$4,890,768
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$4,275,038
Net investment gain/loss from pooled separate accounts2010-12-31$1,471,102
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$233,169
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$903,089
Contract administrator fees2010-12-31$3,298
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31LARSONALLEN LLP
Accountancy firm EIN2010-12-31410746749
2009 : AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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 AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING

2015: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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 filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
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: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 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: AMERICAN BANK OF ST PAUL 401(K) PROFIT SHARING 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
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

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered0
Insurance policy start date2015-01-01
Insurance policy end date2015-08-05
Total amount of commissions paid to insurance brokerUSD $10,289
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,289
Insurance broker organization code?3
Insurance broker nameLPL FINANCIAL CORPORATION
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered259
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $25,795
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $25,795
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameLPL FINANCIAL CORPORATION
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered260
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $24,104
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $24,104
Insurance broker organization code?3
Insurance broker nameLPL FINANCIAL CORPORATION
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered256
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $22,401
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $22,401
Insurance broker organization code?3
Insurance broker nameMICHAEL HAVERKAMP
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered281
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $23,107
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number67079
Policy instance 1
Insurance contract or identification number67079
Number of Individuals Covered284
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $22,450
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $22,450
Insurance broker organization code?3
Insurance broker nameJAMIE M GRUPE

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