401k Plan data: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN plan

AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN
Plan identification number	001

AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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

AMBANK COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: AMBANK COMPANY, INC.

Employer identification number (EIN): 420318300

NAIC Classification: 522210
NAIC Description: Credit Card Issuing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01

Plan Statistics for AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 270
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 250
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 27
Total of all active and inactive participants 2023-01-01 277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 277
Number of participants with account balances 2023-01-01 267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 12
2022: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 269
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 243
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 21
Total of all active and inactive participants 2022-01-01 264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 264
Number of participants with account balances 2022-01-01 258
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 13
2021: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 260
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 241
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 19
Total of all active and inactive participants 2021-01-01 260
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 260
Number of participants with account balances 2021-01-01 250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 27
2020: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 258
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 236
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 15
Total of all active and inactive participants 2020-01-01 251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 251
Number of participants with account balances 2020-01-01 247
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 8
2019: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 253
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 235
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 13
Total of all active and inactive participants 2019-01-01 248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 248
Number of participants with account balances 2019-01-01 241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 16

Measure	Date	Value
2023: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	270
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	250
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	27
Total of all active and inactive participants	2023-01-01	277
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	277
Number of participants with account balances	2023-01-01	267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	12
2022: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	269
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	243
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	21
Total of all active and inactive participants	2022-01-01	264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	264
Number of participants with account balances	2022-01-01	258
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	13
2021: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	260
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	241
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	19
Total of all active and inactive participants	2021-01-01	260
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	260
Number of participants with account balances	2021-01-01	250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	27
2020: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	258
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	236
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	15
Total of all active and inactive participants	2020-01-01	251
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	251
Number of participants with account balances	2020-01-01	247
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	8
2019: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	253
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	235
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	13
Total of all active and inactive participants	2019-01-01	248
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	248
Number of participants with account balances	2019-01-01	241
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	16

Financial Data on AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2023 : AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$7,602,949
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$1,354,062
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,285,032
Value of total corrective distributions	2023-12-31	$14,503
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$2,582,170
Value of total assets at end of year	2023-12-31	$32,130,146
Value of total assets at beginning of year	2023-12-31	$25,881,259
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$54,527
Total interest from all sources	2023-12-31	$90
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2023-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$1,482,781
Participant contributions at end of year	2023-12-31	$316
Participant contributions at beginning of year	2023-12-31	$316
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$203,267
Administrative expenses (other) incurred	2023-12-31	$0
Total non interest bearing cash at end of year	2023-12-31	$0
Total non interest bearing cash at beginning of year	2023-12-31	$8,022
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$6,248,887
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$32,130,146
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$25,881,259
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Investment advisory and management fees	2023-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$28,921,114
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$22,392,576
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$3,194,097
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$3,471,286
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$3,471,286
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$90
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$5,020,689
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Contributions received in cash from employer	2023-12-31	$896,122
Employer contributions (assets) at end of year	2023-12-31	$14,619
Employer contributions (assets) at beginning of year	2023-12-31	$9,059
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,285,032
Contract administrator fees	2023-12-31	$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2023-12-31	Yes
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	KROESE & KROESE, P.C.
Accountancy firm EIN	2023-12-31	421277139
2022 : AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-3,715,339
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$2,046,281
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,983,391
Value of total corrective distributions	2022-12-31	$11,174
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$2,322,015
Value of total assets at end of year	2022-12-31	$25,881,259
Value of total assets at beginning of year	2022-12-31	$31,642,879
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$51,716
Total interest from all sources	2022-12-31	$209
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$1,352,408
Participant contributions at end of year	2022-12-31	$316
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$201,349
Administrative expenses (other) incurred	2022-12-31	$0
Total non interest bearing cash at end of year	2022-12-31	$8,022
Total non interest bearing cash at beginning of year	2022-12-31	$74,277
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-5,761,620
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$25,881,259
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$31,642,879
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$51,716
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$22,392,576
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$27,574,785
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$3,471,286
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$3,992,357
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$3,992,357
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$209
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-6,037,563
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$768,258
Employer contributions (assets) at end of year	2022-12-31	$9,059
Employer contributions (assets) at beginning of year	2022-12-31	$1,460
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,983,391
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	KROESE & KROESE, P.C.
Accountancy firm EIN	2022-12-31	421277139
2021 : AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$5,977,045
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,884,410
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,832,065
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$2,258,531
Value of total assets at end of year	2021-12-31	$31,642,879
Value of total assets at beginning of year	2021-12-31	$27,550,244
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$52,345
Total interest from all sources	2021-12-31	$445
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,304,029
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$182,925
Administrative expenses (other) incurred	2021-12-31	$0
Total non interest bearing cash at end of year	2021-12-31	$74,277
Total non interest bearing cash at beginning of year	2021-12-31	$44,087
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$4,092,635
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$31,642,879
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$27,550,244
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$52,345
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$27,574,785
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$23,608,811
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$3,992,357
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$3,896,741
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$3,896,741
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$445
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$3,718,069
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$771,577
Employer contributions (assets) at end of year	2021-12-31	$1,460
Employer contributions (assets) at beginning of year	2021-12-31	$605
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,832,065
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	KROESE & KROESE, P.C.
Accountancy firm EIN	2021-12-31	421277139
2020 : AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$954
Total income from all sources (including contributions)	2020-12-31	$8,528,064
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,163,079
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,120,642
Value of total corrective distributions	2020-12-31	$20
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$2,375,197
Value of total assets at end of year	2020-12-31	$27,550,244
Value of total assets at beginning of year	2020-12-31	$20,186,213
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$42,417
Total interest from all sources	2020-12-31	$653
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,246,529
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$373,123
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$954
Administrative expenses (other) incurred	2020-12-31	$0
Total non interest bearing cash at end of year	2020-12-31	$44,087
Total non interest bearing cash at beginning of year	2020-12-31	$28,194
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$7,364,985
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$27,550,244
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$20,185,259
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$42,417
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$23,608,811
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$17,047,780
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$3,896,741
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$3,106,347
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$3,106,347
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$653
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$6,152,214
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$755,545
Employer contributions (assets) at end of year	2020-12-31	$605
Employer contributions (assets) at beginning of year	2020-12-31	$3,892
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,120,642
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	KROESE & KROESE, P.C.
Accountancy firm EIN	2020-12-31	421277139
2019 : AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$954
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$5,937,683
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,400,259
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,371,443
Value of total corrective distributions	2019-12-31	$4,553
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,803,139
Value of total assets at end of year	2019-12-31	$20,186,213
Value of total assets at beginning of year	2019-12-31	$15,647,835
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$24,263
Total interest from all sources	2019-12-31	$146
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,114,368
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$6,488
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$954
Administrative expenses (other) incurred	2019-12-31	$0
Total non interest bearing cash at end of year	2019-12-31	$28,194
Total non interest bearing cash at beginning of year	2019-12-31	$21,371
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$4,537,424
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$20,185,259
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$15,647,835
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$24,263
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$17,047,780
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$12,680,765
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$3,106,347
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$2,934,463
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$2,934,463
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$146
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$4,134,398
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$682,283
Employer contributions (assets) at end of year	2019-12-31	$3,892
Employer contributions (assets) at beginning of year	2019-12-31	$11,236
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,371,443
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	KROESE & KROESE, P.C.
Accountancy firm EIN	2019-12-31	421277139

Form 5500 Responses for AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN

2023: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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AMBANK COMPANY, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN [EIN = 470523895]

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Company Name:	AMBANK COMPANY, INC.
Employer identification number (EIN):	420318300
NAIC Classification:	522210
NAIC Description:	Credit Card Issuing