Logo

LEGACY BANK PROFIT SHARING & 401(K) PLAN 401k Plan overview

Plan NameLEGACY BANK PROFIT SHARING & 401(K) PLAN
Plan identification number 001

LEGACY BANK PROFIT SHARING & 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

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

Company Name:LEGACY BANK
Employer identification number (EIN):420246840
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about LEGACY BANK

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities
Incorporation Date: 1904-01-26
Company Identification Number: 084818
Legal Registered Office Address: 502 8TH ST SW
PO BOX 309
ALTOONA
United States of America (USA)
50009

More information about LEGACY BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LEGACY BANK PROFIT SHARING & 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01JULIE SANDERS
0012013-01-01JULIE SANDERS
0012012-01-01JULIE SANDERS
0012011-01-01JULIE SANDERS
0012010-01-01JULIE SANDERS
0012009-01-01JULIE SANDERS

Plan Statistics for LEGACY BANK PROFIT SHARING & 401(K) PLAN

401k plan membership statisitcs for LEGACY BANK PROFIT SHARING & 401(K) PLAN

Measure Date Value
2016: LEGACY BANK PROFIT SHARING & 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 55002016-01-0135
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-012
Total of all active and inactive participants2016-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0138
Number of participants with account balances2016-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: LEGACY BANK PROFIT SHARING & 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 benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0139
Number of participants with account balances2015-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0140
Total number of active participants reported on line 7a of the Form 55002014-01-0132
Number of retired or separated participants receiving benefits2014-01-013
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-0138
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-0139
Number of participants with account balances2014-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0145
Total number of active participants reported on line 7a of the Form 55002013-01-0136
Number of retired or separated participants receiving benefits2013-01-011
Number of other retired or separated participants entitled to future benefits2013-01-012
Total of all active and inactive participants2013-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-0140
Number of participants with account balances2013-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0148
Total number of active participants reported on line 7a of the Form 55002012-01-0142
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 participants2012-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-0143
Number of participants with account balances2012-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-012
2011: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0148
Total number of active participants reported on line 7a of the Form 55002011-01-0137
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-015
Total of all active and inactive participants2011-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-0143
Number of participants with account balances2011-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0149
Total number of active participants reported on line 7a of the Form 55002010-01-0145
Number of retired or separated participants receiving benefits2010-01-011
Number of other retired or separated participants entitled to future benefits2010-01-014
Total of all active and inactive participants2010-01-0150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-011
Total participants2010-01-0151
Number of participants with account balances2010-01-0143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014
2009: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0140
Total number of active participants reported on line 7a of the Form 55002009-01-0143
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0145
Number of participants with account balances2009-01-0142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-011

Financial Data on LEGACY BANK PROFIT SHARING & 401(K) PLAN

Measure Date Value
2016 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$241,475
Expenses. Total of all expenses incurred2016-12-31$483,865
Benefits paid (including direct rollovers)2016-12-31$468,236
Total plan assets at end of year2016-12-31$1,798,686
Total plan assets at beginning of year2016-12-31$2,041,076
Value of fidelity bond covering the plan2016-12-31$2,000,000
Total contributions received or receivable from participants2016-12-31$78,608
Other income received2016-12-31$162,867
Net income (gross income less expenses)2016-12-31$-242,390
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,798,686
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,041,076
Assets. Value of assets in partnership/joint-venture interests2016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$0
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$3,040
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$12,589
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$7,892
Expenses. Total of all expenses incurred2015-12-31$66,197
Benefits paid (including direct rollovers)2015-12-31$63,917
Total plan assets at end of year2015-12-31$2,041,076
Total plan assets at beginning of year2015-12-31$2,099,381
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$73,204
Expenses. Other expenses not covered elsewhere2015-12-31$0
Other income received2015-12-31$-65,312
Net income (gross income less expenses)2015-12-31$-58,305
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,041,076
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$2,099,381
Assets. Value of assets in partnership/joint-venture interests2015-12-31$3,580
Total contributions received or receivable from employer(s)2015-12-31$0
Value of corrective distributions2015-12-31$2,280
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$125,375
Expenses. Total of all expenses incurred2014-12-31$122,304
Benefits paid (including direct rollovers)2014-12-31$112,492
Total plan assets at end of year2014-12-31$2,099,381
Total plan assets at beginning of year2014-12-31$2,096,310
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$62,567
Other income received2014-12-31$62,808
Net income (gross income less expenses)2014-12-31$3,071
Net plan assets at end of year (total assets less liabilities)2014-12-31$2,099,381
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,096,310
Assets. Value of assets in partnership/joint-venture interests2014-12-31$3,580
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$9,812
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$363,843
Expenses. Total of all expenses incurred2013-12-31$146,811
Benefits paid (including direct rollovers)2013-12-31$137,931
Total plan assets at end of year2013-12-31$2,096,310
Total plan assets at beginning of year2013-12-31$1,879,278
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$67,256
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$296,587
Net income (gross income less expenses)2013-12-31$217,032
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,096,310
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,879,278
Assets. Value of assets in partnership/joint-venture interests2013-12-31$28,628
Total contributions received or receivable from employer(s)2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$8,880
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$185,399
Expenses. Total of all expenses incurred2012-12-31$64,420
Benefits paid (including direct rollovers)2012-12-31$55,076
Total plan assets at end of year2012-12-31$1,879,278
Total plan assets at beginning of year2012-12-31$1,758,299
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$89,723
Other income received2012-12-31$95,676
Net income (gross income less expenses)2012-12-31$120,979
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,879,278
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,758,299
Assets. Value of assets in partnership/joint-venture interests2012-12-31$18,490
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$9,344
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$136,632
Expenses. Total of all expenses incurred2011-12-31$10,861
Benefits paid (including direct rollovers)2011-12-31$2,799
Total plan assets at end of year2011-12-31$1,758,299
Total plan assets at beginning of year2011-12-31$1,632,528
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$86,263
Contributions received from other sources (not participants or employers)2011-12-31$29,622
Other income received2011-12-31$20,747
Net income (gross income less expenses)2011-12-31$125,771
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,758,299
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,632,528
Assets. Value of assets in partnership/joint-venture interests2011-12-31$19,120
Total contributions received or receivable from employer(s)2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$8,062
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : LEGACY BANK PROFIT SHARING & 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$187,263
Expenses. Total of all expenses incurred2010-12-31$15,537
Benefits paid (including direct rollovers)2010-12-31$8,292
Total plan assets at end of year2010-12-31$1,632,528
Total plan assets at beginning of year2010-12-31$1,460,802
Value of fidelity bond covering the plan2010-12-31$500,000
Total contributions received or receivable from participants2010-12-31$88,269
Expenses. Other expenses not covered elsewhere2010-12-31$7,245
Contributions received from other sources (not participants or employers)2010-12-31$4,042
Other income received2010-12-31$92,204
Net income (gross income less expenses)2010-12-31$171,726
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,632,528
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,460,802
Assets. Value of assets in partnership/joint-venture interests2010-12-31$23,030
Total contributions received or receivable from employer(s)2010-12-31$2,748
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for LEGACY BANK PROFIT SHARING & 401(K) PLAN

2016: LEGACY BANK PROFIT SHARING & 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: LEGACY BANK PROFIT SHARING & 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: LEGACY BANK PROFIT SHARING & 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: LEGACY BANK PROFIT SHARING & 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: LEGACY BANK PROFIT SHARING & 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 is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: LEGACY BANK PROFIT SHARING & 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1