PARTNERS BANCORP has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2024 : PARTNERS BANCORP 401K PLAN 2024 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2024-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2024-01-01 | $0 |
| Total income from all sources (including contributions) | 2024-01-01 | $206,816 |
| Total loss/gain on sale of assets | 2024-01-01 | $0 |
| Total of all expenses incurred | 2024-01-01 | $11,453,460 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2024-01-01 | $11,442,078 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2024-01-01 | $0 |
| Value of total assets at end of year | 2024-01-01 | $0 |
| Value of total assets at beginning of year | 2024-01-01 | $11,246,644 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2024-01-01 | $11,382 |
| Total interest from all sources | 2024-01-01 | $154 |
| Total dividends received (eg from common stock, registered investment company shares) | 2024-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2024-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2024-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2024-01-01 | Yes |
| Value of fidelity bond cover | 2024-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2024-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2024-01-01 | No |
| Participant contributions at end of year | 2024-01-01 | $0 |
| Participant contributions at beginning of year | 2024-01-01 | $58,740 |
| Other income not declared elsewhere | 2024-01-01 | $1,621 |
| Administrative expenses (other) incurred | 2024-01-01 | $2,661 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2024-01-01 | No |
| Value of net income/loss | 2024-01-01 | $-11,246,644 |
| Value of net assets at end of year (total assets less liabilities) | 2024-01-01 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2024-01-01 | $11,246,644 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2024-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2024-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2024-01-01 | No |
| Investment advisory and management fees | 2024-01-01 | $131 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2024-01-01 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2024-01-01 | $10,458,280 |
| Interest on participant loans | 2024-01-01 | $154 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2024-01-01 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2024-01-01 | $729,624 |
| Net investment gain/loss from pooled separate accounts | 2024-01-01 | $205,041 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2024-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2024-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2024-01-01 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2024-01-01 | $11,442,078 |
| Contract administrator fees | 2024-01-01 | $8,590 |
| Did the plan have assets held for investment | 2024-01-01 | 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 | 2024-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2024-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2024-01-01 | 1 |
| Accountancy firm name | 2024-01-01 | HACKER, JOHNSON, & SMITH P.A |
| Accountancy firm EIN | 2024-01-01 | 592153385 |
| 2023 : PARTNERS BANCORP 401K PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $4,150,788 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $7,487,165 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $7,444,238 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,769,825 |
| Value of total assets at end of year | 2023-12-31 | $11,246,644 |
| Value of total assets at beginning of year | 2023-12-31 | $14,583,021 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $42,927 |
| Total interest from all sources | 2023-12-31 | $27,382 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,264,181 |
| Participant contributions at end of year | 2023-12-31 | $58,740 |
| Participant contributions at beginning of year | 2023-12-31 | $305,022 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $100,895 |
| Other income not declared elsewhere | 2023-12-31 | $567 |
| Administrative expenses (other) incurred | 2023-12-31 | $2,100 |
| 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 | $-3,336,377 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $11,246,644 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $14,583,021 |
| 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 | $487 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $10,458,280 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $13,470,218 |
| Interest on participant loans | 2023-12-31 | $13,878 |
| Interest earned on other investments | 2023-12-31 | $13,504 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $729,624 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $807,781 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $2,353,014 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $404,749 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $7,444,238 |
| Contract administrator fees | 2023-12-31 | $40,340 |
| 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 | HACKER, JOHNSON, & SMITH P.A |
| Accountancy firm EIN | 2023-12-31 | 592153385 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,150,788 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $7,487,165 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $7,444,238 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,769,825 |
| Value of total assets at end of year | 2023-01-01 | $11,246,644 |
| Value of total assets at beginning of year | 2023-01-01 | $14,583,021 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $42,927 |
| Total interest from all sources | 2023-01-01 | $27,382 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2023-01-01 | $0 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,264,181 |
| Participant contributions at end of year | 2023-01-01 | $58,740 |
| Participant contributions at beginning of year | 2023-01-01 | $305,022 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $100,895 |
| Other income not declared elsewhere | 2023-01-01 | $567 |
| Administrative expenses (other) incurred | 2023-01-01 | $2,100 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $-3,336,377 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $11,246,644 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $14,583,021 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $487 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $10,458,280 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $13,470,218 |
| Interest on participant loans | 2023-01-01 | $13,878 |
| Interest earned on other investments | 2023-01-01 | $13,504 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $729,624 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $807,781 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $2,353,014 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $404,749 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $7,444,238 |
| Contract administrator fees | 2023-01-01 | $40,340 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | HACKER, JOHNSON, & SMITH P.A |
| Accountancy firm EIN | 2023-01-01 | 592153385 |
| 2022 : PARTNERS BANCORP 401K PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-924,512 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,729,665 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,686,820 |
| Value of total corrective distributions | 2022-12-31 | $90 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,943,772 |
| Value of total assets at end of year | 2022-12-31 | $14,583,021 |
| Value of total assets at beginning of year | 2022-12-31 | $17,237,198 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $42,755 |
| Total interest from all sources | 2022-12-31 | $19,009 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,275,877 |
| Participant contributions at end of year | 2022-12-31 | $305,022 |
| Participant contributions at beginning of year | 2022-12-31 | $113,537 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $288,436 |
| Other income not declared elsewhere | 2022-12-31 | $326 |
| Administrative expenses (other) incurred | 2022-12-31 | $42,755 |
| 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 | $-2,654,177 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $14,583,021 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $17,237,198 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $13,470,218 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $16,399,475 |
| Interest on participant loans | 2022-12-31 | $9,299 |
| Interest earned on other investments | 2022-12-31 | $9,710 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $807,781 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $724,186 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-2,887,619 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $379,459 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,686,820 |
| 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 | PKS & COMPANY, P.A. |
| Accountancy firm EIN | 2022-12-31 | 521224986 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-924,512 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,729,665 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,686,820 |
| Value of total corrective distributions | 2022-01-01 | $90 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,943,772 |
| Value of total assets at end of year | 2022-01-01 | $14,583,021 |
| Value of total assets at beginning of year | 2022-01-01 | $17,237,198 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $42,755 |
| Total interest from all sources | 2022-01-01 | $19,009 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,275,877 |
| Participant contributions at end of year | 2022-01-01 | $305,022 |
| Participant contributions at beginning of year | 2022-01-01 | $113,537 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $288,436 |
| Other income not declared elsewhere | 2022-01-01 | $326 |
| Administrative expenses (other) incurred | 2022-01-01 | $42,755 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-2,654,177 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $14,583,021 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $17,237,198 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $13,470,218 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $16,399,475 |
| Interest on participant loans | 2022-01-01 | $9,299 |
| Interest earned on other investments | 2022-01-01 | $9,710 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $807,781 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $724,186 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-2,887,619 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $379,459 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,686,820 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | PKS & COMPANY, P.A. |
| Accountancy firm EIN | 2022-01-01 | 521224986 |
| 2021 : PARTNERS BANCORP 401K PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $3,704,223 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,157,520 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,111,599 |
| Value of total corrective distributions | 2021-12-31 | $4,248 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,810,461 |
| Value of total assets at end of year | 2021-12-31 | $17,237,198 |
| Value of total assets at beginning of year | 2021-12-31 | $14,690,495 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $41,673 |
| Total interest from all sources | 2021-12-31 | $19,143 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,193,067 |
| Participant contributions at end of year | 2021-12-31 | $113,537 |
| Participant contributions at beginning of year | 2021-12-31 | $148,134 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $247,536 |
| Other income not declared elsewhere | 2021-12-31 | $2,045 |
| Administrative expenses (other) incurred | 2021-12-31 | $41,673 |
| 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 | $2,546,703 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $17,237,198 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $14,690,495 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $16,399,475 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $13,589,621 |
| Interest on participant loans | 2021-12-31 | $6,439 |
| Interest earned on other investments | 2021-12-31 | $12,704 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $724,186 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $952,740 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,872,574 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $369,858 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,111,599 |
| 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 | PKS & COMPANY, P.A. |
| Accountancy firm EIN | 2021-12-31 | 521224986 |
| 2020 : PARTNERS BANCORP 401K PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $6,042,909 |
| 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 | $2,449,169 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,260,165 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,218,758 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $926,222 |
| Value of total assets at end of year | 2020-12-31 | $14,690,495 |
| Value of total assets at beginning of year | 2020-12-31 | $7,458,582 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $41,407 |
| Total interest from all sources | 2020-12-31 | $9,481 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $699,836 |
| Participant contributions at end of year | 2020-12-31 | $148,134 |
| Participant contributions at beginning of year | 2020-12-31 | $70,418 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $5,407 |
| Other income not declared elsewhere | 2020-12-31 | $-10,565 |
| Administrative expenses (other) incurred | 2020-12-31 | $41,407 |
| 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 | $1,189,004 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $14,690,495 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $7,458,582 |
| 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 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $13,589,621 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $6,370,340 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $0 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $302,052 |
| Interest on participant loans | 2020-12-31 | $5,935 |
| Interest earned on other investments | 2020-12-31 | $3,546 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $715,772 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $952,740 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $0 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $1,503,594 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $20,437 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $220,979 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,218,758 |
| 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 | Yes |
| 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 | PKS & COMPANY, P.A. |
| Accountancy firm EIN | 2020-12-31 | 521224986 |
