401k Plan data: FIRST PEOPLES BANK OF MULLENS 401K PLAN plan

FIRST PEOPLES BANK OF MULLENS 401K PLAN 401k Plan overview

Plan Name	FIRST PEOPLES BANK OF MULLENS 401K PLAN
Plan identification number	001

FIRST PEOPLES BANK OF MULLENS 401K PLAN Benefits

401k Plan Type

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

401k Sponsoring company profile

FIRST PEOPLES BANK OF MULLENS has sponsored the creation of one or more 401k plans.

Company Name: FIRST PEOPLES BANK OF MULLENS

Employer identification number (EIN): 550252070

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST PEOPLES BANK OF MULLENS 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-11-01 DIANE M BARTON 2021-08-08 DANYL FREEMAN 2021-08-10
001 2018-11-01 DIANE M BARTON 2020-08-09 DANYL FREEMAN 2020-08-11
001 2018-01-01 RONALD BOWLING 2019-05-20
001 2017-11-01 DIANE BARTON 2019-08-14 RONALD BOWLING 2019-08-15
001 2017-01-01 RONALD BOWLING 2018-06-20
001 2016-11-01 DIANE M BARTON 2018-08-10 RONALD BOWLING 2018-08-06
001 2016-01-01 RONALD BOWLING 2017-05-31
001 2015-11-01 DIANE BARTON 2017-08-11 RONALD BOWLING 2017-08-08
001 2015-01-01 RONALD BOWLING 2016-07-29
001 2014-11-01 DIANE BARTON 2016-08-09 RONALD BOWLING 2016-08-10
001 2014-01-01 RONALD BOWLING 2015-06-19
001 2013-11-01 KIMBERLY FOSTER RONALD L. BOWLING 2015-08-05
001 2013-01-01 RONALD BOWLING 2014-06-13
001 2012-11-01 KIMBERLY FOSTER RONALD BOWLING 2014-08-12
001 2012-01-01 RONALD BOWLING 2013-07-19
001 2011-11-01 KIMBERLY FOSTER RONALD L BOWLING 2013-08-13
001 2011-01-01 RONALD BOWLING 2012-06-22
001 2010-01-01 RONALD BOWLING 2011-07-05
001 2009-11-01 KIMBERLY FOSTER RONALD BOWLING 2011-08-03
001 2009-11-01 KIMBERLY FOSTER RONALD BOWLING 2011-07-05
001 2009-01-01 RONALD BOWLING RONALD BOWLING 2010-08-16
001 2008-11-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-11-01	DIANE M BARTON	2021-08-08	DANYL FREEMAN	2021-08-10
001	2018-11-01	DIANE M BARTON	2020-08-09	DANYL FREEMAN	2020-08-11
001	2018-01-01	RONALD BOWLING	2019-05-20
001	2017-11-01	DIANE BARTON	2019-08-14	RONALD BOWLING	2019-08-15
001	2017-01-01	RONALD BOWLING	2018-06-20
001	2016-11-01	DIANE M BARTON	2018-08-10	RONALD BOWLING	2018-08-06
001	2016-01-01	RONALD BOWLING	2017-05-31
001	2015-11-01	DIANE BARTON	2017-08-11	RONALD BOWLING	2017-08-08
001	2015-01-01	RONALD BOWLING	2016-07-29
001	2014-11-01	DIANE BARTON	2016-08-09	RONALD BOWLING	2016-08-10
001	2014-01-01	RONALD BOWLING	2015-06-19
001	2013-11-01	KIMBERLY FOSTER		RONALD L. BOWLING	2015-08-05
001	2013-01-01	RONALD BOWLING	2014-06-13
001	2012-11-01	KIMBERLY FOSTER		RONALD BOWLING	2014-08-12
001	2012-01-01	RONALD BOWLING	2013-07-19
001	2011-11-01	KIMBERLY FOSTER		RONALD L BOWLING	2013-08-13
001	2011-01-01	RONALD BOWLING	2012-06-22
001	2010-01-01	RONALD BOWLING	2011-07-05
001	2009-11-01	KIMBERLY FOSTER		RONALD BOWLING	2011-08-03
001	2009-11-01	KIMBERLY FOSTER		RONALD BOWLING	2011-07-05
001	2009-01-01	RONALD BOWLING		RONALD BOWLING	2010-08-16
001	2008-11-01

Plan Statistics for FIRST PEOPLES BANK OF MULLENS 401K PLAN

401k plan membership statisitcs for FIRST PEOPLES BANK OF MULLENS 401K PLAN

Measure Date Value
2020: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2020 401k membership
Market value of plan assets 2020-10-31 4,662,368
Acturial value of plan assets 2020-10-31 4,647,523
Funding target for retired participants and beneficiaries receiving payment 2020-10-31 2,250,919
Number of terminated vested participants 2020-10-31 15
Fundng target for terminated vested participants 2020-10-31 284,195
Active participant vested funding target 2020-10-31 1,399,827
Number of active participants 2020-10-31 10
Total funding liabilities for active participants 2020-10-31 1,399,827
Total participant count 2020-10-31 44
Total funding target for all participants 2020-10-31 3,934,941
Balance at beginning of prior year after applicable adjustments 2020-10-31 174,714
Prefunding balance at beginning of prior year after applicable adjustments 2020-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-10-31 0
Prefunding balanced used to offset prior years funding requirement 2020-10-31 0
Amount remaining of carryover balance 2020-10-31 174,714
Amount remaining of prefunding balance 2020-10-31 0
Present value of excess contributions 2020-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-10-31 0
Reductions in caryover balances due to elections or deemed elections 2020-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-10-31 0
Balance of carryovers at beginning of current year 2020-10-31 193,933
Balance of prefunding at beginning of current year 2020-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-10-31 0
Unpaid minimum required contributions for all prior years 2020-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-10-31 0
Remaining amount of unpaid minimum required contributions 2020-10-31 0
Minimum required contributions for current year target normal cost 2020-10-31 30,917
Net shortfall amortization installment of oustanding balance 2020-10-31 0
Waiver amortization installment 2020-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-10-31 0
Additional cash requirement 2020-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-10-31 0
Unpaid minimum required contributions for current year 2020-10-31 0
Unpaid minimum required contributions for all years 2020-10-31 0
2019: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2019 401k membership
Market value of plan assets 2019-10-31 4,495,711
Acturial value of plan assets 2019-10-31 4,661,343
Funding target for retired participants and beneficiaries receiving payment 2019-10-31 1,220,457
Number of terminated vested participants 2019-10-31 16
Fundng target for terminated vested participants 2019-10-31 333,389
Active participant vested funding target 2019-10-31 2,175,099
Number of active participants 2019-10-31 14
Total funding liabilities for active participants 2019-10-31 2,175,099
Total participant count 2019-10-31 45
Total funding target for all participants 2019-10-31 3,728,945
Balance at beginning of prior year after applicable adjustments 2019-10-31 176,997
Prefunding balance at beginning of prior year after applicable adjustments 2019-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-10-31 0
Prefunding balanced used to offset prior years funding requirement 2019-10-31 0
Amount remaining of carryover balance 2019-10-31 176,997
Amount remaining of prefunding balance 2019-10-31 0
Present value of excess contributions 2019-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-10-31 0
Reductions in caryover balances due to elections or deemed elections 2019-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-10-31 0
Balance of carryovers at beginning of current year 2019-10-31 174,714
Balance of prefunding at beginning of current year 2019-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-10-31 0
Unpaid minimum required contributions for all prior years 2019-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-10-31 0
Remaining amount of unpaid minimum required contributions 2019-10-31 0
Minimum required contributions for current year target normal cost 2019-10-31 26,678
Net shortfall amortization installment of oustanding balance 2019-10-31 0
Waiver amortization installment 2019-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-10-31 0
Additional cash requirement 2019-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-10-31 0
Unpaid minimum required contributions for current year 2019-10-31 0
Unpaid minimum required contributions for all years 2019-10-31 0
2018: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2018 401k membership
Market value of plan assets 2018-10-31 4,700,793
Acturial value of plan assets 2018-10-31 4,635,485
Funding target for retired participants and beneficiaries receiving payment 2018-10-31 1,142,510
Number of terminated vested participants 2018-10-31 16
Fundng target for terminated vested participants 2018-10-31 341,420
Active participant vested funding target 2018-10-31 1,849,823
Number of active participants 2018-10-31 14
Total funding liabilities for active participants 2018-10-31 1,849,823
Total participant count 2018-10-31 45
Total funding target for all participants 2018-10-31 3,333,753
Balance at beginning of prior year after applicable adjustments 2018-10-31 158,231
Prefunding balance at beginning of prior year after applicable adjustments 2018-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-10-31 0
Prefunding balanced used to offset prior years funding requirement 2018-10-31 0
Amount remaining of carryover balance 2018-10-31 158,231
Amount remaining of prefunding balance 2018-10-31 0
Present value of excess contributions 2018-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-10-31 0
Reductions in caryover balances due to elections or deemed elections 2018-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-10-31 0
Balance of carryovers at beginning of current year 2018-10-31 176,997
Balance of prefunding at beginning of current year 2018-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-10-31 0
Unpaid minimum required contributions for all prior years 2018-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-10-31 0
Remaining amount of unpaid minimum required contributions 2018-10-31 0
Minimum required contributions for current year target normal cost 2018-10-31 23,243
Net shortfall amortization installment of oustanding balance 2018-10-31 0
Waiver amortization installment 2018-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-10-31 0
Additional cash requirement 2018-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for current year 2018-10-31 0
Unpaid minimum required contributions for all years 2018-10-31 0
2017: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2017 401k membership
Market value of plan assets 2017-10-31 4,316,740
Acturial value of plan assets 2017-10-31 4,585,770
Funding target for retired participants and beneficiaries receiving payment 2017-10-31 879,557
Number of terminated vested participants 2017-10-31 18
Fundng target for terminated vested participants 2017-10-31 465,091
Active participant vested funding target 2017-10-31 1,709,679
Number of active participants 2017-10-31 15
Total funding liabilities for active participants 2017-10-31 1,724,541
Total participant count 2017-10-31 45
Total funding target for all participants 2017-10-31 3,069,189
Balance at beginning of prior year after applicable adjustments 2017-10-31 156,602
Prefunding balance at beginning of prior year after applicable adjustments 2017-10-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-10-31 0
Prefunding balanced used to offset prior years funding requirement 2017-10-31 0
Amount remaining of carryover balance 2017-10-31 156,602
Amount remaining of prefunding balance 2017-10-31 0
Present value of excess contributions 2017-10-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-10-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-10-31 0
Reductions in caryover balances due to elections or deemed elections 2017-10-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-10-31 0
Balance of carryovers at beginning of current year 2017-10-31 158,231
Balance of prefunding at beginning of current year 2017-10-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-10-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-10-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-10-31 0
Unpaid minimum required contributions for all prior years 2017-10-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-10-31 0
Remaining amount of unpaid minimum required contributions 2017-10-31 0
Minimum required contributions for current year target normal cost 2017-10-31 34,248
Net shortfall amortization installment of oustanding balance 2017-10-31 0
Waiver amortization installment 2017-10-31 0
Waived amount of outstanding balance 2017-10-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-10-31 0
Carryover balance elected to use to offset funding requirement 2017-10-31 0
Prefunding balance elected to use to offset funding requirement 2017-10-31 0
Additional cash requirement 2017-10-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for current year 2017-10-31 0
Unpaid minimum required contributions for all years 2017-10-31 0
2013: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2013 401k membership
Total participants, beginning-of-year 2013-11-01 44
Total number of active participants reported on line 7a of the Form 5500 2013-11-01 19
Number of retired or separated participants receiving benefits 2013-11-01 12
Number of other retired or separated participants entitled to future benefits 2013-11-01 15
Total of all active and inactive participants 2013-11-01 46
Total participants 2013-11-01 46
2012: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2012 401k membership
Total participants, beginning-of-year 2012-11-01 44
Total number of active participants reported on line 7a of the Form 5500 2012-11-01 16
Number of retired or separated participants receiving benefits 2012-11-01 11
Number of other retired or separated participants entitled to future benefits 2012-11-01 17
Total of all active and inactive participants 2012-11-01 44
Total participants 2012-11-01 44
2011: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-11-01 44
Total number of active participants reported on line 7a of the Form 5500 2011-11-01 18
Number of retired or separated participants receiving benefits 2011-11-01 9
Number of other retired or separated participants entitled to future benefits 2011-11-01 17
Total of all active and inactive participants 2011-11-01 44
Total participants 2011-11-01 44
2009: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-11-01 40
Total number of active participants reported on line 7a of the Form 5500 2009-11-01 20
Number of retired or separated participants receiving benefits 2009-11-01 8
Number of other retired or separated participants entitled to future benefits 2009-11-01 16
Total of all active and inactive participants 2009-11-01 44
Total participants 2009-11-01 44
Total participants, beginning-of-year 2009-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 27
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 4
Total of all active and inactive participants 2009-01-01 31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 31
Number of participants with account balances 2009-01-01 12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2020: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2020 401k membership
Market value of plan assets	2020-10-31	4,662,368
Acturial value of plan assets	2020-10-31	4,647,523
Funding target for retired participants and beneficiaries receiving payment	2020-10-31	2,250,919
Number of terminated vested participants	2020-10-31	15
Fundng target for terminated vested participants	2020-10-31	284,195
Active participant vested funding target	2020-10-31	1,399,827
Number of active participants	2020-10-31	10
Total funding liabilities for active participants	2020-10-31	1,399,827
Total participant count	2020-10-31	44
Total funding target for all participants	2020-10-31	3,934,941
Balance at beginning of prior year after applicable adjustments	2020-10-31	174,714
Prefunding balance at beginning of prior year after applicable adjustments	2020-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-10-31	0
Prefunding balanced used to offset prior years funding requirement	2020-10-31	0
Amount remaining of carryover balance	2020-10-31	174,714
Amount remaining of prefunding balance	2020-10-31	0
Present value of excess contributions	2020-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-10-31	0
Reductions in caryover balances due to elections or deemed elections	2020-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-10-31	0
Balance of carryovers at beginning of current year	2020-10-31	193,933
Balance of prefunding at beginning of current year	2020-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-10-31	0
Unpaid minimum required contributions for all prior years	2020-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-10-31	0
Remaining amount of unpaid minimum required contributions	2020-10-31	0
Minimum required contributions for current year target normal cost	2020-10-31	30,917
Net shortfall amortization installment of oustanding balance	2020-10-31	0
Waiver amortization installment	2020-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-10-31	0
Additional cash requirement	2020-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-10-31	0
Unpaid minimum required contributions for current year	2020-10-31	0
Unpaid minimum required contributions for all years	2020-10-31	0
2019: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2019 401k membership
Market value of plan assets	2019-10-31	4,495,711
Acturial value of plan assets	2019-10-31	4,661,343
Funding target for retired participants and beneficiaries receiving payment	2019-10-31	1,220,457
Number of terminated vested participants	2019-10-31	16
Fundng target for terminated vested participants	2019-10-31	333,389
Active participant vested funding target	2019-10-31	2,175,099
Number of active participants	2019-10-31	14
Total funding liabilities for active participants	2019-10-31	2,175,099
Total participant count	2019-10-31	45
Total funding target for all participants	2019-10-31	3,728,945
Balance at beginning of prior year after applicable adjustments	2019-10-31	176,997
Prefunding balance at beginning of prior year after applicable adjustments	2019-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-10-31	0
Prefunding balanced used to offset prior years funding requirement	2019-10-31	0
Amount remaining of carryover balance	2019-10-31	176,997
Amount remaining of prefunding balance	2019-10-31	0
Present value of excess contributions	2019-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-10-31	0
Reductions in caryover balances due to elections or deemed elections	2019-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-10-31	0
Balance of carryovers at beginning of current year	2019-10-31	174,714
Balance of prefunding at beginning of current year	2019-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-10-31	0
Unpaid minimum required contributions for all prior years	2019-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-10-31	0
Remaining amount of unpaid minimum required contributions	2019-10-31	0
Minimum required contributions for current year target normal cost	2019-10-31	26,678
Net shortfall amortization installment of oustanding balance	2019-10-31	0
Waiver amortization installment	2019-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-10-31	0
Additional cash requirement	2019-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-10-31	0
Unpaid minimum required contributions for current year	2019-10-31	0
Unpaid minimum required contributions for all years	2019-10-31	0
2018: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2018 401k membership
Market value of plan assets	2018-10-31	4,700,793
Acturial value of plan assets	2018-10-31	4,635,485
Funding target for retired participants and beneficiaries receiving payment	2018-10-31	1,142,510
Number of terminated vested participants	2018-10-31	16
Fundng target for terminated vested participants	2018-10-31	341,420
Active participant vested funding target	2018-10-31	1,849,823
Number of active participants	2018-10-31	14
Total funding liabilities for active participants	2018-10-31	1,849,823
Total participant count	2018-10-31	45
Total funding target for all participants	2018-10-31	3,333,753
Balance at beginning of prior year after applicable adjustments	2018-10-31	158,231
Prefunding balance at beginning of prior year after applicable adjustments	2018-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-10-31	0
Prefunding balanced used to offset prior years funding requirement	2018-10-31	0
Amount remaining of carryover balance	2018-10-31	158,231
Amount remaining of prefunding balance	2018-10-31	0
Present value of excess contributions	2018-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-10-31	0
Reductions in caryover balances due to elections or deemed elections	2018-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-10-31	0
Balance of carryovers at beginning of current year	2018-10-31	176,997
Balance of prefunding at beginning of current year	2018-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-10-31	0
Unpaid minimum required contributions for all prior years	2018-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-10-31	0
Remaining amount of unpaid minimum required contributions	2018-10-31	0
Minimum required contributions for current year target normal cost	2018-10-31	23,243
Net shortfall amortization installment of oustanding balance	2018-10-31	0
Waiver amortization installment	2018-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-10-31	0
Additional cash requirement	2018-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for current year	2018-10-31	0
Unpaid minimum required contributions for all years	2018-10-31	0
2017: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2017 401k membership
Market value of plan assets	2017-10-31	4,316,740
Acturial value of plan assets	2017-10-31	4,585,770
Funding target for retired participants and beneficiaries receiving payment	2017-10-31	879,557
Number of terminated vested participants	2017-10-31	18
Fundng target for terminated vested participants	2017-10-31	465,091
Active participant vested funding target	2017-10-31	1,709,679
Number of active participants	2017-10-31	15
Total funding liabilities for active participants	2017-10-31	1,724,541
Total participant count	2017-10-31	45
Total funding target for all participants	2017-10-31	3,069,189
Balance at beginning of prior year after applicable adjustments	2017-10-31	156,602
Prefunding balance at beginning of prior year after applicable adjustments	2017-10-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-10-31	0
Prefunding balanced used to offset prior years funding requirement	2017-10-31	0
Amount remaining of carryover balance	2017-10-31	156,602
Amount remaining of prefunding balance	2017-10-31	0
Present value of excess contributions	2017-10-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-10-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-10-31	0
Reductions in caryover balances due to elections or deemed elections	2017-10-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-10-31	0
Balance of carryovers at beginning of current year	2017-10-31	158,231
Balance of prefunding at beginning of current year	2017-10-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-10-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-10-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-10-31	0
Unpaid minimum required contributions for all prior years	2017-10-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-10-31	0
Remaining amount of unpaid minimum required contributions	2017-10-31	0
Minimum required contributions for current year target normal cost	2017-10-31	34,248
Net shortfall amortization installment of oustanding balance	2017-10-31	0
Waiver amortization installment	2017-10-31	0
Waived amount of outstanding balance	2017-10-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-10-31	0
Carryover balance elected to use to offset funding requirement	2017-10-31	0
Prefunding balance elected to use to offset funding requirement	2017-10-31	0
Additional cash requirement	2017-10-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for current year	2017-10-31	0
Unpaid minimum required contributions for all years	2017-10-31	0
2013: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2013 401k membership
Total participants, beginning-of-year	2013-11-01	44
Total number of active participants reported on line 7a of the Form 5500	2013-11-01	19
Number of retired or separated participants receiving benefits	2013-11-01	12
Number of other retired or separated participants entitled to future benefits	2013-11-01	15
Total of all active and inactive participants	2013-11-01	46
Total participants	2013-11-01	46
2012: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2012 401k membership
Total participants, beginning-of-year	2012-11-01	44
Total number of active participants reported on line 7a of the Form 5500	2012-11-01	16
Number of retired or separated participants receiving benefits	2012-11-01	11
Number of other retired or separated participants entitled to future benefits	2012-11-01	17
Total of all active and inactive participants	2012-11-01	44
Total participants	2012-11-01	44
2011: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-11-01	44
Total number of active participants reported on line 7a of the Form 5500	2011-11-01	18
Number of retired or separated participants receiving benefits	2011-11-01	9
Number of other retired or separated participants entitled to future benefits	2011-11-01	17
Total of all active and inactive participants	2011-11-01	44
Total participants	2011-11-01	44
2009: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-11-01	40
Total number of active participants reported on line 7a of the Form 5500	2009-11-01	20
Number of retired or separated participants receiving benefits	2009-11-01	8
Number of other retired or separated participants entitled to future benefits	2009-11-01	16
Total of all active and inactive participants	2009-11-01	44
Total participants	2009-11-01	44
Total participants, beginning-of-year	2009-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	27
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	4
Total of all active and inactive participants	2009-01-01	31
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	31
Number of participants with account balances	2009-01-01	12
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FIRST PEOPLES BANK OF MULLENS 401K PLAN

Measure	Date	Value
2014 : FIRST PEOPLES BANK OF MULLENS 401K PLAN 2014 401k financial data
Transfers to/from the plan	2014-10-31	$4,321
Total income from all sources	2014-10-31	$301,837
Expenses. Total of all expenses incurred	2014-10-31	$132,865
Benefits paid (including direct rollovers)	2014-10-31	$89,356
Total plan assets at end of year	2014-10-31	$4,523,677
Total plan assets at beginning of year	2014-10-31	$4,350,384
Value of fidelity bond covering the plan	2014-10-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2014-10-31	$43,509
Other income received	2014-10-31	$301,837
Net income (gross income less expenses)	2014-10-31	$168,972
Net plan assets at end of year (total assets less liabilities)	2014-10-31	$4,523,677
Net plan assets at beginning of year (total assets less liabilities)	2014-10-31	$4,350,384
2013 : FIRST PEOPLES BANK OF MULLENS 401K PLAN 2013 401k financial data
Total income from all sources	2013-10-31	$503,592
Expenses. Total of all expenses incurred	2013-10-31	$118,515
Benefits paid (including direct rollovers)	2013-10-31	$79,020
Total plan assets at end of year	2013-10-31	$4,350,384
Total plan assets at beginning of year	2013-10-31	$3,965,307
Value of fidelity bond covering the plan	2013-10-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2013-10-31	$39,495
Other income received	2013-10-31	$503,592
Net income (gross income less expenses)	2013-10-31	$385,077
Net plan assets at end of year (total assets less liabilities)	2013-10-31	$4,350,384
Net plan assets at beginning of year (total assets less liabilities)	2013-10-31	$3,965,307
2012 : FIRST PEOPLES BANK OF MULLENS 401K PLAN 2012 401k financial data
Total income from all sources	2012-10-31	$272,822
Expenses. Total of all expenses incurred	2012-10-31	$102,151
Benefits paid (including direct rollovers)	2012-10-31	$62,110
Total plan assets at end of year	2012-10-31	$3,965,307
Total plan assets at beginning of year	2012-10-31	$3,794,636
Value of fidelity bond covering the plan	2012-10-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2012-10-31	$40,041
Other income received	2012-10-31	$272,822
Net income (gross income less expenses)	2012-10-31	$170,671
Net plan assets at end of year (total assets less liabilities)	2012-10-31	$3,965,307
Net plan assets at beginning of year (total assets less liabilities)	2012-10-31	$3,794,636
2011 : FIRST PEOPLES BANK OF MULLENS 401K PLAN 2011 401k financial data
Transfers to/from the plan	2011-10-31	$23,540
Total income from all sources	2011-10-31	$62,672
Expenses. Total of all expenses incurred	2011-10-31	$110,006
Benefits paid (including direct rollovers)	2011-10-31	$67,396
Total plan assets at end of year	2011-10-31	$3,794,636
Total plan assets at beginning of year	2011-10-31	$3,818,430
Value of fidelity bond covering the plan	2011-10-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2011-10-31	$42,610
Other income received	2011-10-31	$62,672
Net income (gross income less expenses)	2011-10-31	$-47,334
Net plan assets at end of year (total assets less liabilities)	2011-10-31	$3,794,636
Net plan assets at beginning of year (total assets less liabilities)	2011-10-31	$3,818,430

Form 5500 Responses for FIRST PEOPLES BANK OF MULLENS 401K PLAN

2013: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2013 form 5500 responses
2013-11-01	Type of plan entity	Single employer plan
2013-11-01	Plan funding arrangement – Trust	Yes
2013-11-01	Plan benefit arrangement - Trust	Yes
2012: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2012 form 5500 responses
2012-11-01	Type of plan entity	Single employer plan
2012-11-01	Plan funding arrangement – Trust	Yes
2012-11-01	Plan benefit arrangement - Trust	Yes
2011: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2011 form 5500 responses
2011-11-01	Type of plan entity	Single employer plan
2011-11-01	Plan funding arrangement – Trust	Yes
2011-11-01	Plan benefit arrangement - Trust	Yes
2009: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2009 form 5500 responses
2009-11-01	Type of plan entity	Single employer plan
2009-11-01	Plan funding arrangement – Trust	Yes
2009-11-01	Plan benefit arrangement - Trust	Yes
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: FIRST PEOPLES BANK OF MULLENS 401K PLAN 2008 form 5500 responses
2008-11-01	Type of plan entity	Single employer plan
2008-11-01	Submission has been amended	No
2008-11-01	This submission is the final filing	No
2008-11-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-11-01	Plan is a collectively bargained plan	No

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Company Name:	FIRST PEOPLES BANK OF MULLENS
Employer identification number (EIN):	550252070
NAIC Classification:	522110
NAIC Description:	Commercial Banking