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DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameDAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN
Plan identification number 001

DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

DAKOTA COMMUNITY BANK & TRUST has sponsored the creation of one or more 401k plans.

Company Name:DAKOTA COMMUNITY BANK & TRUST
Employer identification number (EIN):450192605
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01CINDY SCHAAF
0012016-01-01CINDY SCHAAF
0012015-01-01CINDY SCHAAF
0012014-01-01CINDY SCHAAF
0012013-01-01CINDY SCHAAF
0012011-01-01CINDY SCHAAF CINDY SCHAAF2012-09-28
0012009-01-01CINDY SCHAAF CINDY SCHAAF2010-09-01
0012009-01-01CINDY SCHAAF CINDY SCHAAF2010-09-01
0012009-01-01CINDY SCHAAF

Plan Statistics for DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN

401k plan membership statisitcs for DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN

Measure Date Value
2022: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01201
Total number of active participants reported on line 7a of the Form 55002022-01-01161
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-0130
Total of all active and inactive participants2022-01-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01193
Number of participants with account balances2022-01-01171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-017
2021: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01197
Total number of active participants reported on line 7a of the Form 55002021-01-01163
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0128
Total of all active and inactive participants2021-01-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01193
Number of participants with account balances2021-01-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-016
2020: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01196
Total number of active participants reported on line 7a of the Form 55002020-01-01166
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-0122
Total of all active and inactive participants2020-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01190
Number of participants with account balances2020-01-01169
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01194
Total number of active participants reported on line 7a of the Form 55002019-01-01158
Number of retired or separated participants receiving benefits2019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-0127
Total of all active and inactive participants2019-01-01187
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01187
Number of participants with account balances2019-01-01172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01196
Total number of active participants reported on line 7a of the Form 55002018-01-01162
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-0127
Total of all active and inactive participants2018-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01190
Number of participants with account balances2018-01-01167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-019
2017: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01203
Total number of active participants reported on line 7a of the Form 55002017-01-01171
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-0124
Total of all active and inactive participants2017-01-01196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01196
Number of participants with account balances2017-01-01174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-018
2016: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01204
Total number of active participants reported on line 7a of the Form 55002016-01-01178
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0122
Total of all active and inactive participants2016-01-01200
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01200
Number of participants with account balances2016-01-01174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-015
2015: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01195
Total number of active participants reported on line 7a of the Form 55002015-01-01168
Number of retired or separated participants receiving benefits2015-01-011
Number of other retired or separated participants entitled to future benefits2015-01-0122
Total of all active and inactive participants2015-01-01191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-01193
Number of participants with account balances2015-01-01164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0111
2014: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01202
Total number of active participants reported on line 7a of the Form 55002014-01-01164
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0118
Total of all active and inactive participants2014-01-01183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01183
Number of participants with account balances2014-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-017
2013: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01194
Total number of active participants reported on line 7a of the Form 55002013-01-01163
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0132
Total of all active and inactive participants2013-01-01195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01195
Number of participants with account balances2013-01-01180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0113
2011: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01156
Total number of active participants reported on line 7a of the Form 55002011-01-01143
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0135
Total of all active and inactive participants2011-01-01179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01180
Number of participants with account balances2011-01-01180
2009: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01179
Total number of active participants reported on line 7a of the Form 55002009-01-01147
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0112
Total of all active and inactive participants2009-01-01159
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01160
Number of participants with account balances2009-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN

Measure Date Value
2022 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-3,038,861
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,307,835
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,218,258
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,447,679
Value of total assets at end of year2022-12-31$23,878,585
Value of total assets at beginning of year2022-12-31$28,225,281
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$89,577
Total interest from all sources2022-12-31$9,314
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 year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$974,962
Participant contributions at end of year2022-12-31$204,673
Participant contributions at beginning of year2022-12-31$156,801
Assets. Other investments not covered elsewhere at end of year2022-12-31$565,309
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$657,689
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$141,325
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,346,696
Value of net assets at end of year (total assets less liabilities)2022-12-31$23,878,585
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$28,225,281
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$86,490
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$23,108,603
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$27,410,791
Interest on participant loans2022-12-31$9,314
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,495,854
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$331,392
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,218,258
Contract administrator fees2022-12-31$3,087
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31KCOE ISOM, LLP
Accountancy firm EIN2022-12-31942222122
2021 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$5,065,612
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$598,959
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$502,071
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,404,972
Value of total assets at end of year2021-12-31$28,225,281
Value of total assets at beginning of year2021-12-31$23,758,628
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$96,888
Total interest from all sources2021-12-31$6,581
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 year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$975,520
Participant contributions at end of year2021-12-31$156,801
Participant contributions at beginning of year2021-12-31$116,266
Assets. Other investments not covered elsewhere at end of year2021-12-31$657,689
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$470,506
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$111,749
Administrative expenses (other) incurred2021-12-31$560
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$4,466,653
Value of net assets at end of year (total assets less liabilities)2021-12-31$28,225,281
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$23,758,628
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$93,991
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$27,410,791
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$23,171,856
Interest on participant loans2021-12-31$6,581
Value of interest in common/collective trusts at end of year2021-12-31$0
Value of interest in common/collective trusts at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$3,654,059
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$317,703
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$502,071
Contract administrator fees2021-12-31$2,337
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31ANDERSON ZURMUEHLEN
Accountancy firm EIN2021-12-31810385940
2020 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$0
Total income from all sources (including contributions)2020-12-31$4,214,143
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,011,692
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$936,757
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,403,842
Value of total assets at end of year2020-12-31$23,758,628
Value of total assets at beginning of year2020-12-31$20,556,177
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$74,935
Total interest from all sources2020-12-31$7,908
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 year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$946,854
Participant contributions at end of year2020-12-31$116,266
Participant contributions at beginning of year2020-12-31$199,343
Assets. Other investments not covered elsewhere at end of year2020-12-31$470,506
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$319,599
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$167,078
Administrative expenses (other) incurred2020-12-31$700
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,202,451
Value of net assets at end of year (total assets less liabilities)2020-12-31$23,758,628
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$20,556,177
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$72,445
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$23,171,856
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$20,037,235
Interest on participant loans2020-12-31$7,908
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,802,393
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$289,910
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$936,757
Contract administrator fees2020-12-31$1,790
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31ANDERSON ZURMUEHLEN
Accountancy firm EIN2020-12-31810385940
2019 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
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$5,216,944
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$541,697
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$471,649
Value of total corrective distributions2019-12-31$2,979
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,528,244
Value of total assets at end of year2019-12-31$20,556,177
Value of total assets at beginning of year2019-12-31$15,880,930
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$67,069
Total interest from all sources2019-12-31$13,346
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$514,924
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$514,924
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$899,222
Participant contributions at end of year2019-12-31$199,343
Participant contributions at beginning of year2019-12-31$276,088
Assets. Other investments not covered elsewhere at end of year2019-12-31$319,599
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$187,132
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$330,789
Administrative expenses (other) incurred2019-12-31$500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,675,247
Value of net assets at end of year (total assets less liabilities)2019-12-31$20,556,177
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$15,880,930
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$65,902
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$20,037,235
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$15,417,710
Interest on participant loans2019-12-31$13,346
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$3,160,430
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$298,233
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$471,649
Contract administrator fees2019-12-31$667
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WIDMER ROEL PC
Accountancy firm EIN2019-12-31450334950
2018 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$196,702
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$635,068
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$562,423
Value of total corrective distributions2018-12-31$7,332
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,257,635
Value of total assets at end of year2018-12-31$15,880,930
Value of total assets at beginning of year2018-12-31$16,319,296
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$65,313
Total interest from all sources2018-12-31$10,376
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$394,071
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$394,071
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$856,803
Participant contributions at end of year2018-12-31$276,088
Participant contributions at beginning of year2018-12-31$153,182
Assets. Other investments not covered elsewhere at end of year2018-12-31$187,132
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$185,047
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$113,363
Administrative expenses (other) incurred2018-12-31$609
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-438,366
Value of net assets at end of year (total assets less liabilities)2018-12-31$15,880,930
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$16,319,296
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$62,613
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$15,417,710
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$15,981,067
Interest on participant loans2018-12-31$10,376
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,465,380
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$287,469
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$562,423
Contract administrator fees2018-12-31$2,091
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31WIDMER ROEL PC
Accountancy firm EIN2018-12-31450334950
2017 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$3,364,664
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$184,151
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$120,473
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,167,281
Value of total assets at end of year2017-12-31$16,319,296
Value of total assets at beginning of year2017-12-31$13,138,783
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$63,678
Total interest from all sources2017-12-31$32,470
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$409,293
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$409,293
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$10,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$834,006
Participant contributions at end of year2017-12-31$153,182
Participant contributions at beginning of year2017-12-31$169,308
Assets. Other investments not covered elsewhere at end of year2017-12-31$185,047
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$164,746
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$46,151
Administrative expenses (other) incurred2017-12-31$475
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$3,180,513
Value of net assets at end of year (total assets less liabilities)2017-12-31$16,319,296
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$13,138,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$61,878
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$15,981,067
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$12,804,729
Interest on participant loans2017-12-31$9,527
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$22,943
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,755,620
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$287,124
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$120,473
Contract administrator fees2017-12-31$1,325
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31WIDMER ROEL PC
Accountancy firm EIN2017-12-31450334950
2016 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$2,089,428
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$100,395
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$48,660
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,025,152
Value of total assets at end of year2016-12-31$13,138,783
Value of total assets at beginning of year2016-12-31$11,149,750
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$51,735
Total interest from all sources2016-12-31$6,141
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$310,414
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$310,414
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$748,409
Participant contributions at end of year2016-12-31$169,308
Participant contributions at beginning of year2016-12-31$126,428
Assets. Other investments not covered elsewhere at end of year2016-12-31$164,746
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$145,241
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$7,661
Other income not declared elsewhere2016-12-31$18,509
Administrative expenses (other) incurred2016-12-31$375
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$1,989,033
Value of net assets at end of year (total assets less liabilities)2016-12-31$13,138,783
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$11,149,750
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$50,360
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$12,804,729
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$10,878,081
Interest on participant loans2016-12-31$6,141
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$729,212
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$269,082
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$48,660
Contract administrator fees2016-12-31$1,000
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31WIDMER ROEL PC
Accountancy firm EIN2016-12-31450334950
2015 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$936,094
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,001,574
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$953,749
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,171,994
Value of total assets at end of year2015-12-31$11,149,750
Value of total assets at beginning of year2015-12-31$11,215,230
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$47,825
Total interest from all sources2015-12-31$4,958
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$538,335
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$538,335
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$722,015
Participant contributions at end of year2015-12-31$126,428
Participant contributions at beginning of year2015-12-31$146,265
Assets. Other investments not covered elsewhere at end of year2015-12-31$145,241
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$175,451
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$188,988
Administrative expenses (other) incurred2015-12-31$400
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-65,480
Value of net assets at end of year (total assets less liabilities)2015-12-31$11,149,750
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$11,215,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$46,042
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$10,878,081
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$10,893,514
Interest on participant loans2015-12-31$4,958
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-779,193
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$260,991
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$953,749
Contract administrator fees2015-12-31$1,383
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31WIDMER ROEL PC
Accountancy firm EIN2015-12-31450334950
2014 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$-8,484
Total unrealized appreciation/depreciation of assets2014-12-31$-8,484
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$1,394,204
Total loss/gain on sale of assets2014-12-31$10,958
Total of all expenses incurred2014-12-31$481,436
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$436,694
Value of total corrective distributions2014-12-31$591
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$976,950
Value of total assets at end of year2014-12-31$11,215,230
Value of total assets at beginning of year2014-12-31$10,302,462
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$44,151
Total interest from all sources2014-12-31$6,594
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$481,556
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$481,556
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
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$685,641
Participant contributions at end of year2014-12-31$146,265
Participant contributions at beginning of year2014-12-31$152,146
Assets. Other investments not covered elsewhere at end of year2014-12-31$175,451
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$164,215
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$40,956
Administrative expenses (other) incurred2014-12-31$350
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$912,768
Value of net assets at end of year (total assets less liabilities)2014-12-31$11,215,230
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$10,302,462
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
Investment advisory and management fees2014-12-31$42,101
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$10,893,514
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$9,986,101
Interest on participant loans2014-12-31$6,594
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$-73,370
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$250,353
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$436,694
Contract administrator fees2014-12-31$1,700
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
Aggregate proceeds on sale of assets2014-12-31$10,958
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 name2014-12-31WIDMER ROEL PC
Accountancy firm EIN2014-12-31450334950
2013 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 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$2,122,581
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$575,663
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$547,333
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,153,787
Value of total assets at end of year2013-12-31$10,302,462
Value of total assets at beginning of year2013-12-31$8,755,544
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$28,330
Total interest from all sources2013-12-31$4,540
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$316,229
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$316,229
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
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$697,923
Participant contributions at end of year2013-12-31$152,146
Participant contributions at beginning of year2013-12-31$58,537
Assets. Other investments not covered elsewhere at end of year2013-12-31$164,215
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$149,365
Administrative expenses (other) incurred2013-12-31$100
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$1,546,918
Value of net assets at end of year (total assets less liabilities)2013-12-31$10,302,462
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$8,755,544
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
Investment advisory and management fees2013-12-31$26,160
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$9,986,101
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$7,133,481
Interest on participant loans2013-12-31$4,540
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$1,563,526
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$648,025
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$306,499
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$547,333
Contract administrator fees2013-12-31$2,070
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
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 name2013-12-31WIDMER ROEL PC
Accountancy firm EIN2013-12-31450334950
2011 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2011 401k financial data
Total transfer of assets to this plan2011-12-31$662
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$5,887
Total income from all sources (including contributions)2011-12-31$549,269
Total of all expenses incurred2011-12-31$272,014
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$265,485
Value of total corrective distributions2011-12-31$5,887
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$779,621
Value of total assets at end of year2011-12-31$7,123,826
Value of total assets at beginning of year2011-12-31$6,851,796
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$642
Total interest from all sources2011-12-31$32,710
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$7,500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$541,203
Participant contributions at end of year2011-12-31$85,313
Participant contributions at beginning of year2011-12-31$98,997
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$43,046
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$5,887
Administrative expenses (other) incurred2011-12-31$642
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$0
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$277,255
Value of net assets at end of year (total assets less liabilities)2011-12-31$7,123,826
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$6,845,909
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 registered invesment companies (eg mutual funds) at end of year2011-12-31$5,446,398
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,053,334
Interest on participant loans2011-12-31$3,430
Interest earned on other investments2011-12-31$29,280
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$1,592,115
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$699,465
Net investment gain/loss from pooled separate accounts2011-12-31$-263,062
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$195,372
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$265,485
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
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 name2011-12-31WIDMER ROEL PC
Accountancy firm EIN2011-12-31450334950
2010 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$0
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total transfer of assets to this plan2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$5,887
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$1,705
Total income from all sources (including contributions)2010-12-31$1,466,646
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$193,365
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$193,002
Expenses. Certain deemed distributions of participant loans2010-12-31$0
Value of total corrective distributions2010-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$661,521
Value of total assets at end of year2010-12-31$6,851,796
Value of total assets at beginning of year2010-12-31$5,574,333
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$363
Total interest from all sources2010-12-31$49,046
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$2,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$0
Amount contributed by the employer to the plan for this plan year2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$482,135
Participant contributions at end of year2010-12-31$98,997
Participant contributions at beginning of year2010-12-31$61,300
Assets. Other investments not covered elsewhere at end of year2010-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$699
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$5,887
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$1,705
Other income not declared elsewhere2010-12-31$0
Administrative expenses (other) incurred2010-12-31$363
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$1,273,281
Value of net assets at end of year (total assets less liabilities)2010-12-31$6,845,909
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$5,572,628
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 registered invesment companies (eg mutual funds) at end of year2010-12-31$6,053,334
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,001,303
Value of interest in pooled separate accounts at end of year2010-12-31$0
Value of interest in pooled separate accounts at beginning of year2010-12-31$0
Interest on participant loans2010-12-31$3,449
Interest earned on other investments2010-12-31$45,597
Value of interest in common/collective trusts at end of year2010-12-31$0
Value of interest in common/collective trusts at beginning of year2010-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$699,465
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$511,730
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$0
Net investment gain/loss from pooled separate accounts2010-12-31$756,079
Net investment gain or loss from common/collective trusts2010-12-31$0
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
Assets. Invements in employer securities at end of year2010-12-31$0
Assets. Invements in employer securities at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$178,687
Income. Dividends from common stock2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$193,002
Asset. Corporate debt instrument debt (other) at end of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$0
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 name2010-12-31EIDE BAILLY LLP
Accountancy firm EIN2010-12-31450250958
2009 : DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2009 401k financial data
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$0
Amount contributed by the employer to the plan for this plan year2009-12-31$0

Form 5500 Responses for DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN

2022: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: DAKOTA COMMUNITY BANK 401(K) RETIREMENT 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: DAKOTA COMMUNITY BANK 401(K) RETIREMENT 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: DAKOTA COMMUNITY BANK 401(K) RETIREMENT 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: DAKOTA COMMUNITY BANK 401(K) RETIREMENT 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 – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2011: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: DAKOTA COMMUNITY BANK 401(K) RETIREMENT PLAN 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

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