Logo

THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 003

THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).

401k Sponsoring company profile

BANK OF CLARKE has sponsored the creation of one or more 401k plans.

Company Name:BANK OF CLARKE
Employer identification number (EIN):540132450
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about BANK OF CLARKE

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1901-01-25
Company Identification Number: 0026672
Legal Registered Office Address: 2 E MAIN ST

BERRYVILLE
United States of America (USA)
22611

More information about BANK OF CLARKE

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-04-25KALEY CROSEN2024-10-14

Plan Statistics for THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year2023-04-2597
Total number of active participants reported on line 7a of the Form 55002023-04-250
Number of retired or separated participants receiving benefits2023-04-250
Number of other retired or separated participants entitled to future benefits2023-04-250
Total of all active and inactive participants2023-04-250
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-04-250
Total participants2023-04-250
Number of participants with account balances2023-04-250
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-04-250

Financial Data on THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$3,137,509
Total income from all sources2023-12-31$109,839
Expenses. Total of all expenses incurred2023-12-31$3,247,348
Benefits paid (including direct rollovers)2023-12-31$3,247,348
Total plan assets at end of year2023-12-31$0
Total plan assets at beginning of year2023-12-31$0
Value of fidelity bond covering the plan2023-12-31$100,000
Other income received2023-12-31$109,839
Net income (gross income less expenses)2023-12-31$-3,137,509
Net plan assets at end of year (total assets less liabilities)2023-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$0
Assets. Value of employer securities2023-12-31$0

Form 5500 Responses for THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN

2023: THE BANK OF CLARKE COUNTY EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-04-25Type of plan entitySingle employer plan
2023-04-25First time form 5500 has been submittedYes
2023-04-25Submission has been amendedNo
2023-04-25This submission is the final filingYes
2023-04-25This return/report is a short plan year return/report (less than 12 months)Yes
2023-04-25Plan is a collectively bargained planNo
2023-04-25Plan funding arrangement – TrustYes
2023-04-25Plan 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