MANUFACTURERS BANK & TRUST COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan MANUFACTURERS BANK & TRUST COMPANY EMPLOYEES PROFIT SHARING PLAN
| Measure | Date | Value |
|---|
| 2023 : MANUFACTURERS BANK & TRUST COMPANY EMPLOYEES 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 | $4,483,861 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,546,482 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,505,403 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,062,874 |
| Value of total assets at end of year | 2023-12-31 | $22,312,432 |
| Value of total assets at beginning of year | 2023-12-31 | $19,375,053 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $41,079 |
| Total interest from all sources | 2023-12-31 | $96,334 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $240,789 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $240,789 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $822,413 |
| Participant contributions at end of year | 2023-12-31 | $143,576 |
| Participant contributions at beginning of year | 2023-12-31 | $114,246 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $120,065 |
| Other income not declared elsewhere | 2023-12-31 | $2 |
| 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 | $2,937,379 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $22,312,432 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $19,375,053 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $12,695,345 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $10,302,401 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $3,641,854 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $2,759,759 |
| Interest on participant loans | 2023-12-31 | $13,103 |
| Interest earned on other investments | 2023-12-31 | $83,231 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $4,711,289 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $5,183,095 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,453,860 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $630,002 |
| 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 | $1,120,396 |
| Employer contributions (assets) at end of year | 2023-12-31 | $1,120,368 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $1,015,552 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,505,403 |
| Contract administrator fees | 2023-12-31 | $41,079 |
| 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 | FORGE FINANCIAL & MGMT CONSULTING |
| Accountancy firm EIN | 2023-12-31 | 882802798 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,483,861 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,546,482 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,505,403 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,062,874 |
| Value of total assets at end of year | 2023-01-01 | $22,312,432 |
| Value of total assets at beginning of year | 2023-01-01 | $19,375,053 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $41,079 |
| Total interest from all sources | 2023-01-01 | $96,334 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $240,789 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $240,789 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $5,500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $822,413 |
| Participant contributions at end of year | 2023-01-01 | $143,576 |
| Participant contributions at beginning of year | 2023-01-01 | $114,246 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $120,065 |
| Other income not declared elsewhere | 2023-01-01 | $2 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,937,379 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $22,312,432 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $19,375,053 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $12,695,345 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $10,302,401 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $3,641,854 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $2,759,759 |
| Interest on participant loans | 2023-01-01 | $13,103 |
| Interest earned on other investments | 2023-01-01 | $83,231 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $4,711,289 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $5,183,095 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,453,860 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $630,002 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $1,120,396 |
| Employer contributions (assets) at end of year | 2023-01-01 | $1,120,368 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $1,015,552 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,505,403 |
| Contract administrator fees | 2023-01-01 | $41,079 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | FORGE FINANCIAL & MGMT CONSULTING |
| Accountancy firm EIN | 2023-01-01 | 882802798 |
| 2022 : MANUFACTURERS BANK & TRUST COMPANY EMPLOYEES 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 | $-920,251 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $2,214,459 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $2,174,669 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,829,879 |
| Value of total assets at end of year | 2022-12-31 | $19,375,053 |
| Value of total assets at beginning of year | 2022-12-31 | $22,509,763 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $39,790 |
| Total interest from all sources | 2022-12-31 | $95,074 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $164,487 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $164,487 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,000,000 |
| 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 | $742,921 |
| Participant contributions at end of year | 2022-12-31 | $114,246 |
| Participant contributions at beginning of year | 2022-12-31 | $104,534 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $71,406 |
| 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 | $-3,134,710 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $19,375,053 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $22,509,763 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,302,401 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,668,761 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $2,759,759 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,505,391 |
| Interest on participant loans | 2022-12-31 | $6,720 |
| Interest earned on other investments | 2022-12-31 | $88,354 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $5,183,095 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $5,540,921 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,481,421 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-528,270 |
| 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 | Yes |
| 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 | $1,015,552 |
| Employer contributions (assets) at end of year | 2022-12-31 | $1,015,552 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $690,156 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $2,174,669 |
| Contract administrator fees | 2022-12-31 | $39,790 |
| 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 | FORGE FINANCIAL & MGMT CONSULTING |
| Accountancy firm EIN | 2022-12-31 | 882802798 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-920,251 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $2,214,459 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $2,174,669 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,829,879 |
| Value of total assets at end of year | 2022-01-01 | $19,375,053 |
| Value of total assets at beginning of year | 2022-01-01 | $22,509,763 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $39,790 |
| Total interest from all sources | 2022-01-01 | $95,074 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $164,487 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $164,487 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $742,921 |
| Participant contributions at end of year | 2022-01-01 | $114,246 |
| Participant contributions at beginning of year | 2022-01-01 | $104,534 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $71,406 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-3,134,710 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $19,375,053 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $22,509,763 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $10,302,401 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $12,668,761 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $2,759,759 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $3,505,391 |
| Interest on participant loans | 2022-01-01 | $6,720 |
| Interest earned on other investments | 2022-01-01 | $88,354 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $5,183,095 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $5,540,921 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,481,421 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-528,270 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $1,015,552 |
| Employer contributions (assets) at end of year | 2022-01-01 | $1,015,552 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $690,156 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $2,174,669 |
| Contract administrator fees | 2022-01-01 | $39,790 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | FORGE FINANCIAL & MGMT CONSULTING |
| Accountancy firm EIN | 2022-01-01 | 882802798 |
