Logo

CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 401k Plan overview

Plan NameCBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.
Plan identification number 002

CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

CBAI 401(K) MULTIPLE EMPLOYER PLAN OVERSIGHT COMMITTEE has sponsored the creation of one or more 401k plans.

Company Name:CBAI 401(K) MULTIPLE EMPLOYER PLAN OVERSIGHT COMMITTEE
Employer identification number (EIN):464093684
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01

Plan Statistics for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.

401k plan membership statisitcs for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.

Measure Date Value
2022: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-01154
Total number of active participants reported on line 7a of the Form 55002022-01-01149
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0121
Total of all active and inactive participants2022-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01170
Number of participants with account balances2022-01-01132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 2021 401k membership
Total participants, beginning-of-year2021-01-01147
Total number of active participants reported on line 7a of the Form 55002021-01-01132
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0122
Total of all active and inactive participants2021-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01154
Number of participants with account balances2021-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 2020 401k membership
Total participants, beginning-of-year2020-01-01137
Total number of active participants reported on line 7a of the Form 55002020-01-01131
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0118
Total of all active and inactive participants2020-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01149
Number of participants with account balances2020-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016

Financial Data on CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.

Measure Date Value
2022 : CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 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$0
Total income from all sources (including contributions)2022-12-31$-1,295,308
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,147,394
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,061,364
Expenses. Certain deemed distributions of participant loans2022-12-31$37,584
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$974,986
Value of total assets at end of year2022-12-31$11,902,503
Value of total assets at beginning of year2022-12-31$14,345,205
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$48,446
Total interest from all sources2022-12-31$7,598
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$320,582
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$320,582
Administrative expenses professional fees incurred2022-12-31$48,446
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
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$475,185
Participant contributions at end of year2022-12-31$139,508
Participant contributions at beginning of year2022-12-31$162,006
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$203,024
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Total non interest bearing cash at end of year2022-12-31$0
Total non interest bearing cash at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,442,702
Value of net assets at end of year (total assets less liabilities)2022-12-31$11,902,503
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$14,345,205
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$5,313,599
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,796,806
Interest on participant loans2022-12-31$7,598
Value of interest in common/collective trusts at end of year2022-12-31$6,449,396
Value of interest in common/collective trusts at beginning of year2022-12-31$7,386,393
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,605,677
Net investment gain or loss from common/collective trusts2022-12-31$-992,797
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$296,777
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,061,364
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 name2022-12-31PLANCHECK CPAS LLC
Accountancy firm EIN2022-12-31842614035
2021 : CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 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$2,836,566
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,245,504
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,164,799
Expenses. Certain deemed distributions of participant loans2021-12-31$39,121
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$782,616
Value of total assets at end of year2021-12-31$14,345,205
Value of total assets at beginning of year2021-12-31$12,754,143
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$41,584
Total interest from all sources2021-12-31$7,094
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$488,555
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$488,555
Administrative expenses professional fees incurred2021-12-31$41,584
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
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$476,729
Participant contributions at end of year2021-12-31$162,006
Participant contributions at beginning of year2021-12-31$122,888
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$24,408
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$1,591,062
Value of net assets at end of year (total assets less liabilities)2021-12-31$14,345,205
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$12,754,143
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,796,806
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$7,317,094
Income. Interest from loans (other than to participants)2021-12-31$7,094
Value of interest in common/collective trusts at end of year2021-12-31$7,386,393
Value of interest in common/collective trusts at beginning of year2021-12-31$5,314,161
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$769,760
Net investment gain or loss from common/collective trusts2021-12-31$788,541
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$281,479
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,164,799
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 name2021-12-31PLANCHECK CPAS LLC
Accountancy firm EIN2021-12-31842614035
2020 : CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$11,667,777
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$2,379,131
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,292,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,249,269
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,072,307
Value of total assets at end of year2020-12-31$12,754,143
Value of total assets at beginning of year2020-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$43,496
Total interest from all sources2020-12-31$8,461
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$194,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$194,096
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$7,000,000
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$489,261
Participant contributions at end of year2020-12-31$122,888
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$294,678
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,086,366
Value of net assets at end of year (total assets less liabilities)2020-12-31$12,754,143
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$0
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$7,317,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$0
Interest on participant loans2020-12-31$8,389
Value of interest in common/collective trusts at end of year2020-12-31$5,314,161
Value of interest in common/collective trusts at beginning of year2020-12-31$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$72
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$488,991
Net investment gain or loss from common/collective trusts2020-12-31$615,276
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$288,368
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,249,269
Contract administrator fees2020-12-31$43,496
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 name2020-12-31PLANCHECK CPAS LLC
Accountancy firm EIN2020-12-31842614035

Form 5500 Responses for CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC.

2022: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 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: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 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: CBAI 401(K) MULTIPLE EMPLOYER PLAN ADOPTED BY WESTERN ILLINOIS BANCSHARES, INC. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01First time form 5500 has been submittedYes
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

Potentially related plans

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

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

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

See full terms and conditions

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