ND BANKS BENEFIT TRUST has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2023 : ND BANKS BENEFIT TRUST 2023 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $1,719,741 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $1,612,397 |
Total income from all sources (including contributions) | 2023-12-31 | $19,413,158 |
Total of all expenses incurred | 2023-12-31 | $18,603,154 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $17,207,540 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $19,322,986 |
Value of total assets at end of year | 2023-12-31 | $11,982,683 |
Value of total assets at beginning of year | 2023-12-31 | $11,065,335 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,395,614 |
Total interest from all sources | 2023-12-31 | $90,172 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
Contributions received from participants | 2023-12-31 | $19,322,986 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $683,146 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $897,137 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $314,747 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $305,478 |
Administrative expenses (other) incurred | 2023-12-31 | $131,157 |
Total non interest bearing cash at end of year | 2023-12-31 | $6,216,613 |
Total non interest bearing cash at beginning of year | 2023-12-31 | $6,656,255 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Value of net income/loss | 2023-12-31 | $810,004 |
Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $10,262,942 |
Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,452,938 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
Investment advisory and management fees | 2023-12-31 | $145,000 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $3,511,943 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $3,511,943 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $90,172 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $1,949,081 |
Asset value of US Government securities at end of year | 2023-12-31 | $5,082,924 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $15,258,459 |
Contract administrator fees | 2023-12-31 | $1,119,457 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2023-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $1,404,994 |
Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $1,306,919 |
Did the plan have assets held for investment | 2023-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
Accountancy firm name | 2023-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2023-12-31 | 450250958 |
2022 : ND BANKS BENEFIT TRUST 2022 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,612,397 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $2,091,715 |
Total income from all sources (including contributions) | 2022-12-31 | $20,262,476 |
Total of all expenses incurred | 2022-12-31 | $16,915,537 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $15,386,719 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $20,230,448 |
Value of total assets at end of year | 2022-12-31 | $11,065,335 |
Value of total assets at beginning of year | 2022-12-31 | $8,197,714 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,528,818 |
Total interest from all sources | 2022-12-31 | $32,028 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Administrative expenses professional fees incurred | 2022-12-31 | $154,565 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $20,230,448 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $897,137 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $1,098,057 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $305,478 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $535,993 |
Administrative expenses (other) incurred | 2022-12-31 | $1,914 |
Total non interest bearing cash at end of year | 2022-12-31 | $6,656,255 |
Total non interest bearing cash at beginning of year | 2022-12-31 | $4,576,221 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $3,346,939 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,452,938 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $6,105,999 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $149,000 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $3,511,943 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $2,523,436 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $2,523,436 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $32,028 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $1,950,726 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $13,435,993 |
Contract administrator fees | 2022-12-31 | $1,223,339 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $1,306,919 |
Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $1,555,722 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2022-12-31 | 450250958 |
2021 : ND BANKS BENEFIT TRUST 2021 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,091,715 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $2,429,213 |
Total income from all sources (including contributions) | 2021-12-31 | $19,622,273 |
Total of all expenses incurred | 2021-12-31 | $17,787,089 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $15,966,906 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $19,615,259 |
Value of total assets at end of year | 2021-12-31 | $8,197,714 |
Value of total assets at beginning of year | 2021-12-31 | $6,700,028 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,820,183 |
Total interest from all sources | 2021-12-31 | $7,014 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Administrative expenses professional fees incurred | 2021-12-31 | $131,765 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $19,615,259 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $1,098,057 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $816,129 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $535,993 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $859,885 |
Administrative expenses (other) incurred | 2021-12-31 | $1,828 |
Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $3,500 |
Total non interest bearing cash at end of year | 2021-12-31 | $4,576,221 |
Total non interest bearing cash at beginning of year | 2021-12-31 | $5,883,899 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $1,835,184 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $6,105,999 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $4,270,815 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $190,076 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $2,523,436 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $7,014 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $2,028,293 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $13,938,613 |
Contract administrator fees | 2021-12-31 | $1,496,514 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $1,555,722 |
Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $1,565,828 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2021-12-31 | 450250958 |
2020 : ND BANKS BENEFIT TRUST 2020 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $2,429,213 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $1,740,931 |
Total income from all sources (including contributions) | 2020-12-31 | $20,290,597 |
Total of all expenses incurred | 2020-12-31 | $19,398,146 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $16,878,146 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $20,270,568 |
Value of total assets at end of year | 2020-12-31 | $6,700,028 |
Value of total assets at beginning of year | 2020-12-31 | $5,119,295 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $2,520,000 |
Total interest from all sources | 2020-12-31 | $20,029 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Administrative expenses professional fees incurred | 2020-12-31 | $93,670 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $20,270,568 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $816,129 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $1,433,031 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $859,885 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $502,919 |
Administrative expenses (other) incurred | 2020-12-31 | $1,754 |
Liabilities. Value of operating payables at end of year | 2020-12-31 | $3,500 |
Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $12 |
Total non interest bearing cash at end of year | 2020-12-31 | $5,883,899 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $3,686,264 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $892,451 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $4,270,815 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $3,378,364 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $244,148 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $20,029 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $2,891,603 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $13,986,543 |
Contract administrator fees | 2020-12-31 | $2,180,428 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $1,565,828 |
Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $1,238,000 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2020-12-31 | 450250958 |
2019 : ND BANKS BENEFIT TRUST 2019 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,740,931 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $1,724,250 |
Total income from all sources (including contributions) | 2019-12-31 | $20,133,832 |
Total of all expenses incurred | 2019-12-31 | $17,752,983 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $16,193,713 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $20,121,658 |
Value of total assets at end of year | 2019-12-31 | $5,119,295 |
Value of total assets at beginning of year | 2019-12-31 | $2,721,765 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,559,270 |
Total interest from all sources | 2019-12-31 | $12,174 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Administrative expenses professional fees incurred | 2019-12-31 | $131,845 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $1,433,031 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $676,644 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $502,919 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $252,058 |
Administrative expenses (other) incurred | 2019-12-31 | $1,905 |
Liabilities. Value of operating payables at end of year | 2019-12-31 | $12 |
Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $2,192 |
Total non interest bearing cash at end of year | 2019-12-31 | $3,686,264 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $2,045,121 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $2,380,849 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $3,378,364 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $997,515 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $211,462 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $12,174 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $2,220,034 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $20,121,658 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $13,973,679 |
Contract administrator fees | 2019-12-31 | $1,214,058 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $1,238,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $1,470,000 |
Did the plan have assets held for investment | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
Accountancy firm name | 2019-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2019-12-31 | 450250958 |
2018 : ND BANKS BENEFIT TRUST 2018 401k financial data |
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Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $1,724,250 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $2,219,322 |
Total income from all sources (including contributions) | 2018-12-31 | $17,319,911 |
Total of all expenses incurred | 2018-12-31 | $16,874,234 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $15,485,009 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $17,316,737 |
Value of total assets at end of year | 2018-12-31 | $2,721,765 |
Value of total assets at beginning of year | 2018-12-31 | $2,771,160 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,389,225 |
Total interest from all sources | 2018-12-31 | $3,174 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $110,617 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $676,644 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $639,417 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $252,058 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $603,601 |
Administrative expenses (other) incurred | 2018-12-31 | $1,974 |
Liabilities. Value of operating payables at end of year | 2018-12-31 | $2,192 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $14,721 |
Total non interest bearing cash at end of year | 2018-12-31 | $2,045,121 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $2,131,743 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $445,677 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $997,515 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $551,838 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $200,708 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $3,174 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $1,841,600 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $17,316,737 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $13,643,409 |
Contract administrator fees | 2018-12-31 | $1,075,926 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $1,470,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $1,601,000 |
Did the plan have assets held for investment | 2018-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
Accountancy firm name | 2018-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2018-12-31 | 450250958 |
2017 : ND BANKS BENEFIT TRUST 2017 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $2,219,322 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $1,498,339 |
Total income from all sources (including contributions) | 2017-12-31 | $16,433,694 |
Total of all expenses incurred | 2017-12-31 | $16,916,969 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $15,510,563 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $16,431,090 |
Value of total assets at end of year | 2017-12-31 | $2,771,160 |
Value of total assets at beginning of year | 2017-12-31 | $2,533,452 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,406,406 |
Total interest from all sources | 2017-12-31 | $2,604 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $137,312 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $639,417 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $213,412 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $603,601 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $357,824 |
Administrative expenses (other) incurred | 2017-12-31 | $1,648 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $14,721 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $14,515 |
Total non interest bearing cash at end of year | 2017-12-31 | $2,131,743 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $2,320,040 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $-483,275 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $551,838 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,035,113 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $204,695 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $2,604 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $1,844,018 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $16,431,090 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $13,666,545 |
Contract administrator fees | 2017-12-31 | $1,062,751 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $1,601,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $1,126,000 |
Did the plan have assets held for investment | 2017-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
Accountancy firm name | 2017-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2017-12-31 | 450250958 |
2016 : ND BANKS BENEFIT TRUST 2016 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $1,498,339 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $1,525,817 |
Total income from all sources (including contributions) | 2016-12-31 | $15,124,038 |
Total of all expenses incurred | 2016-12-31 | $14,767,193 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $13,461,819 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $15,121,810 |
Value of total assets at end of year | 2016-12-31 | $2,533,452 |
Value of total assets at beginning of year | 2016-12-31 | $2,204,085 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,305,374 |
Total interest from all sources | 2016-12-31 | $2,228 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $150,908 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $213,412 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $99,641 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $357,824 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $350,590 |
Administrative expenses (other) incurred | 2016-12-31 | $67,155 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $14,515 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $13,450 |
Total non interest bearing cash at end of year | 2016-12-31 | $2,320,040 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $2,104,444 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $356,845 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,035,113 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $678,268 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $187,949 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $2,228 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $1,584,837 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $15,121,810 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $11,876,982 |
Contract administrator fees | 2016-12-31 | $899,362 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $1,126,000 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $1,161,777 |
Did the plan have assets held for investment | 2016-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
Accountancy firm name | 2016-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2016-12-31 | 450250958 |
2015 : ND BANKS BENEFIT TRUST 2015 401k financial data |
---|
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $1,525,817 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $993,152 |
Total income from all sources (including contributions) | 2015-12-31 | $4,831,934 |
Total of all expenses incurred | 2015-12-31 | $5,581,842 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $5,062,406 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $4,831,536 |
Value of total assets at end of year | 2015-12-31 | $2,204,085 |
Value of total assets at beginning of year | 2015-12-31 | $2,421,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $519,436 |
Total interest from all sources | 2015-12-31 | $398 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $67,081 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $99,641 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $39,607 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $350,590 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $294,352 |
Administrative expenses (other) incurred | 2015-12-31 | $31,307 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $13,450 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $14,800 |
Total non interest bearing cash at end of year | 2015-12-31 | $2,104,444 |
Total non interest bearing cash at beginning of year | 2015-12-31 | $2,381,721 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-749,908 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $678,268 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,428,176 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $57,605 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $398 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $459,898 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $4,831,536 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $4,602,508 |
Contract administrator fees | 2015-12-31 | $363,443 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $1,161,777 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $684,000 |
Did the plan have assets held for investment | 2015-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
Accountancy firm name | 2015-12-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2015-12-31 | 450250958 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-07-31 | $993,152 |
Total income from all sources (including contributions) | 2015-07-31 | $11,181,380 |
Total of all expenses incurred | 2015-07-31 | $9,753,204 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-07-31 | $8,794,284 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-07-31 | $11,180,357 |
Value of total assets at end of year | 2015-07-31 | $2,421,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-07-31 | $958,920 |
Total interest from all sources | 2015-07-31 | $1,023 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-07-31 | No |
Administrative expenses professional fees incurred | 2015-07-31 | $175,723 |
Was this plan covered by a fidelity bond | 2015-07-31 | Yes |
Value of fidelity bond cover | 2015-07-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2015-07-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2015-07-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-07-31 | $39,607 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-07-31 | $294,352 |
Administrative expenses (other) incurred | 2015-07-31 | $79,217 |
Liabilities. Value of operating payables at end of year | 2015-07-31 | $14,800 |
Total non interest bearing cash at end of year | 2015-07-31 | $2,381,721 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-07-31 | No |
Value of net income/loss | 2015-07-31 | $1,428,176 |
Value of net assets at end of year (total assets less liabilities) | 2015-07-31 | $1,428,176 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-07-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-07-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-07-31 | No |
Investment advisory and management fees | 2015-07-31 | $122,870 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-07-31 | $1,023 |
Expenses. Payments to insurance carriers foe the provision of benefits | 2015-07-31 | $1,183,190 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-07-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-07-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-07-31 | No |
Contributions received in cash from employer | 2015-07-31 | $11,180,357 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-07-31 | $7,611,094 |
Contract administrator fees | 2015-07-31 | $581,110 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-07-31 | No |
Liabilities. Value of benefit claims payable at end of year | 2015-07-31 | $684,000 |
Did the plan have assets held for investment | 2015-07-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-07-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-07-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-07-31 | No |
Opinion of an independent qualified public accountant for this plan | 2015-07-31 | Unqualified |
Accountancy firm name | 2015-07-31 | EIDE BAILLY LLP |
Accountancy firm EIN | 2015-07-31 | 450250958 |