Logo

VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 401k Plan overview

Plan NameVBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK
Plan identification number 002

VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

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

Company Name:COMMUNITY BANK
Employer identification number (EIN):540178890
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022016-01-01RAMONA SAVIDGE RAMONA SAVIDGE2017-10-10
0022015-01-01RAMONA SAVIDGE RAMONA SAVIDGE2016-07-28
0022014-01-01RAMONA SAVIDGE
0022013-01-01RAMONA SAVIDGE RAMONA SAVIDGE2014-07-28
0022012-01-01RAMONA SAVIDGE
0022011-01-01R JERRY GILES
0022010-04-01R JERRY GILES
0022009-04-01R JERRY GILES

Plan Statistics for VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK

401k plan membership statisitcs for VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK

Measure Date Value
2016: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2016 401k membership
Market value of plan assets2016-12-313,522,612
Acturial value of plan assets2016-12-313,717,603
Funding target for retired participants and beneficiaries receiving payment2016-12-311,253,140
Number of terminated vested participants2016-12-3180
Fundng target for terminated vested participants2016-12-311,722,703
Active participant vested funding target2016-12-31619,138
Number of active participants2016-12-3132
Total funding liabilities for active participants2016-12-31619,138
Total participant count2016-12-31124
Total funding target for all participants2016-12-313,594,981
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31880,602
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-31114,225
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31766,377
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31769,366
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Liquidity shortfalls end of Q12016-12-310
Liquidity shortfalls end of Q22016-12-310
Liquidity shortfalls end of Q32016-12-310
Liquidity shortfalls end of Q42016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3111,600
Net shortfall amortization installment of oustanding balance2016-12-31646,744
Total funding amount beforereflecting carryover/prefunding balances2016-12-31155,018
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-31155,018
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-01124
Total number of active participants reported on line 7a of the Form 55002016-01-0128
Number of retired or separated participants receiving benefits2016-01-0111
Number of other retired or separated participants entitled to future benefits2016-01-0175
Total of all active and inactive participants2016-01-01114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2015 401k membership
Total participants, beginning-of-year2015-01-01131
Total number of active participants reported on line 7a of the Form 55002015-01-0132
Number of retired or separated participants receiving benefits2015-01-0111
Number of other retired or separated participants entitled to future benefits2015-01-0180
Total of all active and inactive participants2015-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2014 401k membership
Total participants, beginning-of-year2014-01-01136
Total number of active participants reported on line 7a of the Form 55002014-01-0142
Number of retired or separated participants receiving benefits2014-01-0111
Number of other retired or separated participants entitled to future benefits2014-01-0177
Total of all active and inactive participants2014-01-01130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-011
Total participants2014-01-01131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2013 401k membership
Total participants, beginning-of-year2013-01-01155
Total number of active participants reported on line 7a of the Form 55002013-01-0157
Number of retired or separated participants receiving benefits2013-01-0111
Number of other retired or separated participants entitled to future benefits2013-01-0167
Total of all active and inactive participants2013-01-01135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2012 401k membership
Total participants, beginning-of-year2012-01-01186
Total number of active participants reported on line 7a of the Form 55002012-01-0196
Number of retired or separated participants receiving benefits2012-01-0110
Number of other retired or separated participants entitled to future benefits2012-01-0148
Total of all active and inactive participants2012-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-011
Total participants2012-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-014
2011: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2011 401k membership
Total participants, beginning-of-year2011-01-01184
Total number of active participants reported on line 7a of the Form 55002011-01-01118
Number of retired or separated participants receiving benefits2011-01-019
Number of other retired or separated participants entitled to future benefits2011-01-0154
Total of all active and inactive participants2011-01-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-011
Total participants2011-01-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-012
2010: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2010 401k membership
Total participants, beginning-of-year2010-04-01177
Total number of active participants reported on line 7a of the Form 55002010-04-01120
Number of retired or separated participants receiving benefits2010-04-017
Number of other retired or separated participants entitled to future benefits2010-04-0154
Total of all active and inactive participants2010-04-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-04-011
Total participants2010-04-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-04-012
2009: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2009 401k membership
Total participants, beginning-of-year2009-04-01157
Total number of active participants reported on line 7a of the Form 55002009-04-01118
Number of retired or separated participants receiving benefits2009-04-015
Number of other retired or separated participants entitled to future benefits2009-04-0149
Total of all active and inactive participants2009-04-01172
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-04-011
Total participants2009-04-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-04-010

Financial Data on VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK

Measure Date Value
2016 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$66,940
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$24,506
Total income from all sources (including contributions)2016-12-31$212,795
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$169,625
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$159,097
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$3,632,722
Value of total assets at beginning of year2016-12-31$3,547,118
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$10,528
Total interest from all sources2016-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$135,239
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$135,239
Administrative expenses professional fees incurred2016-12-31$3,535
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$9,211
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$66,940
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$24,506
Total non interest bearing cash at end of year2016-12-31$66,940
Total non interest bearing cash at beginning of year2016-12-31$24,506
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$43,170
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,565,782
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$3,522,612
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$6,993
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$3,565,782
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$3,513,401
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$77,556
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$159,097
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2016-12-31541149263
2015 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$24,506
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$14,492
Total income from all sources (including contributions)2015-12-31$14,908
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$574,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$563,169
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$0
Value of total assets at end of year2015-12-31$3,547,118
Value of total assets at beginning of year2015-12-31$4,096,961
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$11,596
Total interest from all sources2015-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$136,025
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$136,025
Administrative expenses professional fees incurred2015-12-31$3,951
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$9,211
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$9,212
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$24,506
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$14,492
Total non interest bearing cash at end of year2015-12-31$24,506
Total non interest bearing cash at beginning of year2015-12-31$14,492
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-559,857
Value of net assets at end of year (total assets less liabilities)2015-12-31$3,522,612
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$4,082,469
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$7,645
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$3,513,401
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$4,073,257
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-121,117
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$563,169
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2015-12-31541149263
2014 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$14,492
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$7,073
Total income from all sources (including contributions)2014-12-31$180,943
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$154,246
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$142,268
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$0
Value of total assets at end of year2014-12-31$4,096,961
Value of total assets at beginning of year2014-12-31$4,062,845
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$11,978
Total interest from all sources2014-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$154,021
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$154,021
Administrative expenses professional fees incurred2014-12-31$4,068
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$9,212
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$8,321
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$14,492
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$7,073
Total non interest bearing cash at end of year2014-12-31$14,492
Total non interest bearing cash at beginning of year2014-12-31$7,073
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$26,697
Value of net assets at end of year (total assets less liabilities)2014-12-31$4,082,469
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$4,055,772
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$7,910
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$4,073,257
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$4,047,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$26,922
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$142,268
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2014-12-31541149263
2013 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$7,073
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$7,481
Total income from all sources (including contributions)2013-12-31$307,955
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,243,854
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,232,316
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$0
Value of total assets at end of year2013-12-31$4,062,845
Value of total assets at beginning of year2013-12-31$4,999,152
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$11,538
Total interest from all sources2013-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$126,677
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$126,677
Administrative expenses professional fees incurred2013-12-31$2,367
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$8,321
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$7,235
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$7,073
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$7,481
Total non interest bearing cash at end of year2013-12-31$7,073
Total non interest bearing cash at beginning of year2013-12-31$7,481
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$-935,899
Value of net assets at end of year (total assets less liabilities)2013-12-31$4,055,772
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$4,991,671
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$9,171
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$4,047,451
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$4,984,436
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$181,278
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,232,316
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2013-12-31541149263
2012 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$7,481
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$5,297
Total income from all sources (including contributions)2012-12-31$1,026,378
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$375,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$361,477
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$607,342
Value of total assets at end of year2012-12-31$4,999,152
Value of total assets at beginning of year2012-12-31$4,346,239
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$14,172
Total interest from all sources2012-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$154,657
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$154,657
Administrative expenses professional fees incurred2012-12-31$4,759
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$7,235
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$7,027
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$7,481
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$5,297
Total non interest bearing cash at end of year2012-12-31$7,481
Total non interest bearing cash at beginning of year2012-12-31$3,868
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$650,729
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,991,671
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$4,340,942
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$9,413
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$4,984,436
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$4,335,344
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$264,379
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$607,342
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$361,477
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2012-12-31541149263
2011 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$5,297
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$11,373
Total income from all sources (including contributions)2011-12-31$410,458
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$411,383
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$396,580
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$232,288
Value of total assets at end of year2011-12-31$4,346,239
Value of total assets at beginning of year2011-12-31$4,353,240
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$14,803
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$147,362
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$147,362
Administrative expenses professional fees incurred2011-12-31$4,398
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$7,027
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$5,993
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$5,297
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$11,373
Total non interest bearing cash at end of year2011-12-31$3,868
Total non interest bearing cash at beginning of year2011-12-31$8,923
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-925
Value of net assets at end of year (total assets less liabilities)2011-12-31$4,340,942
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,341,867
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$10,405
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$4,335,344
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$4,338,324
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$30,808
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$232,288
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$396,580
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2011-12-31541149263
2010 : VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$11,373
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$735,339
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$61,461
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$55,537
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$450,000
Value of total assets at end of year2010-12-31$4,353,240
Value of total assets at beginning of year2010-12-31$3,667,989
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$5,924
Total interest from all sources2010-12-31$50
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$106,914
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$106,914
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$4,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2010-12-31$5,993
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$11,373
Total non interest bearing cash at end of year2010-12-31$8,923
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$673,878
Value of net assets at end of year (total assets less liabilities)2010-12-31$4,341,867
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$3,667,989
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$5,924
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$4,338,324
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$50
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$3,667,989
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$178,375
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$450,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$55,537
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31YOUNT, HYDE, & BARBOUR, P.C.
Accountancy firm EIN2010-12-31541149263
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-03-31$0

Form 5500 Responses for VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK

2016: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2010 form 5500 responses
2010-04-01Type of plan entitySingle employer plan
2010-04-01Submission has been amendedNo
2010-04-01This submission is the final filingNo
2010-04-01This return/report is a short plan year return/report (less than 12 months)Yes
2010-04-01Plan is a collectively bargained planNo
2010-04-01Plan funding arrangement – InsuranceYes
2010-04-01Plan funding arrangement – TrustYes
2010-04-01Plan benefit arrangement – InsuranceYes
2010-04-01Plan benefit arrangement - TrustYes
2009: VBA MASTER DEFINED BENEFIT PLAN FOR COMMUNITY BANK 2009 form 5500 responses
2009-04-01Type of plan entitySingle employer plan
2009-04-01Submission has been amendedNo
2009-04-01This submission is the final filingNo
2009-04-01This return/report is a short plan year return/report (less than 12 months)No
2009-04-01Plan is a collectively bargained planNo
2009-04-01Plan funding arrangement – InsuranceYes
2009-04-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MINNESOTA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66168 )
Policy contract number8962-IPG
Policy instance 1
Insurance contract or identification number8962-IPG
Number of Individuals Covered0
Insurance policy start date2010-04-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?Yes
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No

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