CAROLINA FINANCIAL CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CAROLINA FINANCIAL CORP 401K PS
Measure | Date | Value |
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2021 : CAROLINA FINANCIAL CORP 401K PS 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $59,098 |
Total income from all sources (including contributions) | 2021-12-31 | $3,460,388 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $38,383,667 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $37,576,708 |
Value of total corrective distributions | 2021-12-31 | $621,798 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
Value of total assets at end of year | 2021-12-31 | $0 |
Value of total assets at beginning of year | 2021-12-31 | $34,982,377 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $185,161 |
Total interest from all sources | 2021-12-31 | $2,349 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2021-12-31 | $0 |
Administrative expenses professional fees incurred | 2021-12-31 | $185,161 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Participant contributions at beginning of year | 2021-12-31 | $706,226 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $59,779 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $59,098 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-34,923,279 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $34,923,279 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $31,776,546 |
Interest on participant loans | 2021-12-31 | $2,349 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $2,439,826 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $3,458,039 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $37,576,708 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | ELLIOTT DAVIS |
Accountancy firm EIN | 2021-12-31 | 570381582 |
2020 : CAROLINA FINANCIAL CORP 401K PS 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total transfer of assets to this plan | 2020-12-31 | $5,857,691 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $5,384,635 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $9,907,584 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $9,743,586 |
Value of total corrective distributions | 2020-12-31 | $59,098 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,546,698 |
Value of total assets at end of year | 2020-12-31 | $34,922,598 |
Value of total assets at beginning of year | 2020-12-31 | $33,587,856 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $163,998 |
Total interest from all sources | 2020-12-31 | $43,929 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2020-12-31 | $0 |
Administrative expenses professional fees incurred | 2020-12-31 | $163,998 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $1,087,347 |
Participant contributions at end of year | 2020-12-31 | $706,226 |
Participant contributions at beginning of year | 2020-12-31 | $1,007,766 |
Participant contributions at beginning of year | 2020-12-31 | $80,609 |
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $6,547 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $59,779 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $59,098 |
Other income not declared elsewhere | 2020-12-31 | $15,170 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $-4,522,949 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $34,922,598 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $33,587,856 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $31,786,604 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $31,316,255 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $0 |
Interest on participant loans | 2020-12-31 | $43,929 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $2,429,768 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $1,147,260 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $3,778,838 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $459,351 |
Employer contributions (assets) at beginning of year | 2020-12-31 | $35,966 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $9,737,039 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | ELLIOTT DAVIS LLC |
Accountancy firm EIN | 2020-12-31 | 570381582 |
2019 : CAROLINA FINANCIAL CORP 401K PS 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total transfer of assets to this plan | 2019-12-31 | $1,674 |
Total transfer of assets to this plan | 2019-12-31 | $1,674 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $9,065,693 |
Total income from all sources (including contributions) | 2019-12-31 | $9,065,693 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $3,090,939 |
Total of all expenses incurred | 2019-12-31 | $3,090,939 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,815,110 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $2,815,110 |
Value of total corrective distributions | 2019-12-31 | $44,530 |
Value of total corrective distributions | 2019-12-31 | $44,530 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,529,756 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $3,529,756 |
Value of total assets at end of year | 2019-12-31 | $33,587,856 |
Value of total assets at end of year | 2019-12-31 | $33,587,856 |
Value of total assets at beginning of year | 2019-12-31 | $27,611,428 |
Value of total assets at beginning of year | 2019-12-31 | $27,611,428 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $231,299 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $231,299 |
Total interest from all sources | 2019-12-31 | $46,273 |
Total interest from all sources | 2019-12-31 | $46,273 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $686,725 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $686,725 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $686,725 |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $686,725 |
Administrative expenses professional fees incurred | 2019-12-31 | $231,299 |
Administrative expenses professional fees incurred | 2019-12-31 | $231,299 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $2,239,347 |
Contributions received from participants | 2019-12-31 | $2,239,347 |
Participant contributions at end of year | 2019-12-31 | $1,007,766 |
Participant contributions at end of year | 2019-12-31 | $1,007,766 |
Participant contributions at beginning of year | 2019-12-31 | $971,912 |
Participant contributions at beginning of year | 2019-12-31 | $971,912 |
Participant contributions at end of year | 2019-12-31 | $80,609 |
Participant contributions at end of year | 2019-12-31 | $80,609 |
Participant contributions at beginning of year | 2019-12-31 | $72,758 |
Participant contributions at beginning of year | 2019-12-31 | $72,758 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $277,084 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $277,084 |
Other income not declared elsewhere | 2019-12-31 | $46,352 |
Other income not declared elsewhere | 2019-12-31 | $46,352 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $5,974,754 |
Value of net income/loss | 2019-12-31 | $5,974,754 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $33,587,856 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $33,587,856 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $27,611,428 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $27,611,428 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $31,316,255 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $31,316,255 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $23,431,065 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $23,431,065 |
Interest on participant loans | 2019-12-31 | $46,273 |
Interest on participant loans | 2019-12-31 | $46,273 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,147,260 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,147,260 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $3,100,418 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $3,100,418 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,756,587 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $4,756,587 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $1,013,325 |
Contributions received in cash from employer | 2019-12-31 | $1,013,325 |
Employer contributions (assets) at end of year | 2019-12-31 | $35,966 |
Employer contributions (assets) at end of year | 2019-12-31 | $35,966 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $35,275 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $35,275 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,815,110 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $2,815,110 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan have assets held for investment | 2019-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | ELLIOTT DAVIS LLC |
Accountancy firm name | 2019-12-31 | ELLIOTT DAVIS LLC |
Accountancy firm EIN | 2019-12-31 | 570381582 |
Accountancy firm EIN | 2019-12-31 | 570381582 |
2018 : CAROLINA FINANCIAL CORP 401K PS 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total transfer of assets to this plan | 2018-12-31 | $81,253 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $2,486,241 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $2,280,610 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $2,190,477 |
Value of total corrective distributions | 2018-12-31 | $33,054 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $4,081,829 |
Value of total assets at end of year | 2018-12-31 | $27,611,428 |
Value of total assets at beginning of year | 2018-12-31 | $27,324,544 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $57,079 |
Total interest from all sources | 2018-12-31 | $40,513 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Administrative expenses professional fees incurred | 2018-12-31 | $57,079 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $2,359,520 |
Participant contributions at end of year | 2018-12-31 | $971,912 |
Participant contributions at beginning of year | 2018-12-31 | $938,438 |
Participant contributions at end of year | 2018-12-31 | $72,758 |
Participant contributions at beginning of year | 2018-12-31 | $76,579 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $619,307 |
Other income not declared elsewhere | 2018-12-31 | $42,054 |
Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $205,631 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $27,611,428 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $27,324,544 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2018-12-31 | $23,431,065 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $23,894,996 |
Interest on participant loans | 2018-12-31 | $40,513 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $3,100,418 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $2,376,256 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-1,678,155 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,103,002 |
Employer contributions (assets) at end of year | 2018-12-31 | $35,275 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $38,275 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,190,477 |
Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $0 |
Did the plan have assets held for investment | 2018-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | ELLIOTT DAVIS LLC |
Accountancy firm EIN | 2018-12-31 | 570381582 |
2017 : CAROLINA FINANCIAL CORP 401K PS 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total transfer of assets to this plan | 2017-12-31 | $2,692,548 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $10,199,265 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $1,950,841 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,827,855 |
Value of total corrective distributions | 2017-12-31 | $75,159 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $7,451,865 |
Value of total assets at end of year | 2017-12-31 | $27,324,544 |
Value of total assets at beginning of year | 2017-12-31 | $16,383,572 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $47,827 |
Total interest from all sources | 2017-12-31 | $21,916 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Administrative expenses professional fees incurred | 2017-12-31 | $47,827 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $1,721,407 |
Participant contributions at end of year | 2017-12-31 | $938,438 |
Participant contributions at beginning of year | 2017-12-31 | $389,508 |
Participant contributions at end of year | 2017-12-31 | $76,579 |
Participant contributions at beginning of year | 2017-12-31 | $53,849 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $4,911,525 |
Other income not declared elsewhere | 2017-12-31 | $23,396 |
Liabilities. Value of operating payables at end of year | 2017-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $8,248,424 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $27,324,544 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $16,383,572 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $23,894,996 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $14,281,113 |
Interest on participant loans | 2017-12-31 | $21,916 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $2,376,256 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $1,632,717 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $2,702,088 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $818,933 |
Employer contributions (assets) at end of year | 2017-12-31 | $38,275 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $26,385 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,827,855 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2017-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $0 |
Did the plan have assets held for investment | 2017-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | ELLIOTT DAVIS LLC |
Accountancy firm EIN | 2017-12-31 | 570381582 |
2016 : CAROLINA FINANCIAL CORP 401K PS 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total transfer of assets to this plan | 2016-12-31 | $1,010,125 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $3,154,053 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $771,610 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $697,427 |
Value of total corrective distributions | 2016-12-31 | $55,037 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,190,763 |
Value of total assets at end of year | 2016-12-31 | $16,383,572 |
Value of total assets at beginning of year | 2016-12-31 | $12,991,004 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $19,146 |
Total interest from all sources | 2016-12-31 | $28,378 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Administrative expenses professional fees incurred | 2016-12-31 | $19,146 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $1,397,123 |
Participant contributions at end of year | 2016-12-31 | $389,508 |
Participant contributions at beginning of year | 2016-12-31 | $302,959 |
Participant contributions at end of year | 2016-12-31 | $53,849 |
Participant contributions at beginning of year | 2016-12-31 | $38,150 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $169,278 |
Liabilities. Value of operating payables at end of year | 2016-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $2,382,443 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $16,383,572 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $12,991,004 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $14,281,113 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $11,298,176 |
Interest on participant loans | 2016-12-31 | $14,288 |
Interest earned on other investments | 2016-12-31 | $14,090 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $1,632,717 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $1,332,271 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $934,912 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $624,362 |
Employer contributions (assets) at end of year | 2016-12-31 | $26,385 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $19,448 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $697,427 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $0 |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | ELLIOTT DAVIS DECOSIMO |
Accountancy firm EIN | 2016-12-31 | 570381582 |
2015 : CAROLINA FINANCIAL CORP 401K PS 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $1,730,965 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $1,399,780 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,363,148 |
Value of total corrective distributions | 2015-12-31 | $12,450 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $1,816,243 |
Value of total assets at end of year | 2015-12-31 | $12,991,004 |
Value of total assets at beginning of year | 2015-12-31 | $12,659,819 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $24,182 |
Total interest from all sources | 2015-12-31 | $12,527 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $8,762 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $1,149,799 |
Participant contributions at end of year | 2015-12-31 | $302,959 |
Participant contributions at beginning of year | 2015-12-31 | $306,082 |
Participant contributions at end of year | 2015-12-31 | $38,150 |
Participant contributions at beginning of year | 2015-12-31 | $39,946 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $136,664 |
Liabilities. Value of operating payables at end of year | 2015-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $331,185 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $12,991,004 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $12,659,819 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $11,298,176 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $11,296,028 |
Interest on participant loans | 2015-12-31 | $12,527 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $1,332,271 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $997,433 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-97,805 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $529,780 |
Employer contributions (assets) at end of year | 2015-12-31 | $19,448 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $20,330 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,363,148 |
Contract administrator fees | 2015-12-31 | $15,420 |
Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $0 |
Did the plan have assets held for investment | 2015-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | ELLIOTT DAVIS DECOSIMO |
Accountancy firm EIN | 2015-12-31 | 570381582 |
2014 : CAROLINA FINANCIAL CORP 401K PS 2014 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total income from all sources (including contributions) | 2014-12-31 | $2,435,394 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $1,576,801 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $1,543,628 |
Expenses. Certain deemed distributions of participant loans | 2014-12-31 | $14,650 |
Value of total corrective distributions | 2014-12-31 | $6,386 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,692,966 |
Value of total assets at end of year | 2014-12-31 | $12,659,819 |
Value of total assets at beginning of year | 2014-12-31 | $11,801,226 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $12,137 |
Total interest from all sources | 2014-12-31 | $9,698 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $1,048,852 |
Participant contributions at end of year | 2014-12-31 | $306,082 |
Participant contributions at beginning of year | 2014-12-31 | $239,172 |
Participant contributions at end of year | 2014-12-31 | $39,946 |
Participant contributions at beginning of year | 2014-12-31 | $32,586 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $158,504 |
Other income not declared elsewhere | 2014-12-31 | $22,266 |
Liabilities. Value of operating payables at end of year | 2014-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $0 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $858,593 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $12,659,819 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $11,801,226 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $11,296,028 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $10,667,984 |
Interest on participant loans | 2014-12-31 | $9,616 |
Interest earned on other investments | 2014-12-31 | $82 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $997,433 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $845,971 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $710,464 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $485,610 |
Employer contributions (assets) at end of year | 2014-12-31 | $20,330 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $15,513 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $1,543,628 |
Contract administrator fees | 2014-12-31 | $12,137 |
Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $0 |
Did the plan have assets held for investment | 2014-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CLIFTON D. BODIFORD, CPA |
Accountancy firm EIN | 2014-12-31 | 570989001 |
2013 : CAROLINA FINANCIAL CORP 401K PS 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $381 |
Total income from all sources (including contributions) | 2013-12-31 | $3,391,677 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $1,258,852 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $1,249,417 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,854,685 |
Value of total assets at end of year | 2013-12-31 | $11,801,226 |
Value of total assets at beginning of year | 2013-12-31 | $9,668,782 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $9,435 |
Total interest from all sources | 2013-12-31 | $9,167 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $1,023,145 |
Participant contributions at end of year | 2013-12-31 | $239,172 |
Participant contributions at beginning of year | 2013-12-31 | $212,333 |
Participant contributions at end of year | 2013-12-31 | $32,586 |
Participant contributions at beginning of year | 2013-12-31 | $34,012 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $353,773 |
Liabilities. Value of operating payables at end of year | 2013-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $0 |
Total non interest bearing cash at end of year | 2013-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2013-12-31 | $27,378 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $2,132,825 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $11,801,226 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $9,668,401 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $1,073,258 |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $10,667,984 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $0 |
Interest on participant loans | 2013-12-31 | $8,730 |
Interest earned on other investments | 2013-12-31 | $437 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $0 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $8,311,620 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $845,971 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $0 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $1,527,825 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $477,767 |
Employer contributions (assets) at end of year | 2013-12-31 | $15,513 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $10,181 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $1,249,417 |
Contract administrator fees | 2013-12-31 | $9,435 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2013-12-31 | $0 |
Liabilities. Value of benefit claims payable at beginning of year | 2013-12-31 | $381 |
Did the plan have assets held for investment | 2013-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CLIFTON D. BODIFORD, CPA |
Accountancy firm EIN | 2013-12-31 | 570989001 |
2012 : CAROLINA FINANCIAL CORP 401K PS 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $381 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $8,907 |
Total income from all sources (including contributions) | 2012-12-31 | $2,479,969 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $1,393,773 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $1,298,770 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $1,472,521 |
Value of total assets at end of year | 2012-12-31 | $9,668,782 |
Value of total assets at beginning of year | 2012-12-31 | $8,591,112 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $95,003 |
Total interest from all sources | 2012-12-31 | $7,116 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $17,249 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $17,249 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $966,623 |
Participant contributions at end of year | 2012-12-31 | $212,333 |
Participant contributions at beginning of year | 2012-12-31 | $148,805 |
Participant contributions at end of year | 2012-12-31 | $34,012 |
Participant contributions at beginning of year | 2012-12-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $34,955 |
Administrative expenses (other) incurred | 2012-12-31 | $95,003 |
Liabilities. Value of operating payables at end of year | 2012-12-31 | $0 |
Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $175 |
Total non interest bearing cash at end of year | 2012-12-31 | $27,378 |
Total non interest bearing cash at beginning of year | 2012-12-31 | $91,288 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $1,086,196 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $9,668,401 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $8,582,205 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $1,073,258 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $0 |
Interest on participant loans | 2012-12-31 | $7,116 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $8,311,620 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $8,351,019 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $983,083 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $470,943 |
Employer contributions (assets) at end of year | 2012-12-31 | $10,181 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $0 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $1,298,770 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-12-31 | Yes |
Liabilities. Value of benefit claims payable at end of year | 2012-12-31 | $381 |
Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $8,732 |
Did the plan have assets held for investment | 2012-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CLIFTON D. BODIFORD, CPA |
Accountancy firm EIN | 2012-12-31 | 570989001 |
2011 : CAROLINA FINANCIAL CORP 401K PS 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $8,907 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $124,081 |
Total income from all sources (including contributions) | 2011-12-31 | $1,266,207 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $1,705,249 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $1,607,253 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $1,357,691 |
Value of total assets at end of year | 2011-12-31 | $8,591,112 |
Value of total assets at beginning of year | 2011-12-31 | $9,145,328 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $97,996 |
Total interest from all sources | 2011-12-31 | $5,971 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $900,565 |
Participant contributions at end of year | 2011-12-31 | $148,805 |
Participant contributions at beginning of year | 2011-12-31 | $150,931 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $2,634 |
Liabilities. Value of operating payables at end of year | 2011-12-31 | $175 |
Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $320 |
Total non interest bearing cash at end of year | 2011-12-31 | $91,288 |
Total non interest bearing cash at beginning of year | 2011-12-31 | $132,920 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $-439,042 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $8,582,205 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $9,021,247 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $90,331 |
Interest on participant loans | 2011-12-31 | $5,971 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $8,351,019 |
Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $8,859,127 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $-97,455 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $454,492 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $2,350 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $1,607,253 |
Contract administrator fees | 2011-12-31 | $7,665 |
Liabilities. Value of benefit claims payable at end of year | 2011-12-31 | $8,732 |
Liabilities. Value of benefit claims payable at beginning of year | 2011-12-31 | $123,761 |
Did the plan have assets held for investment | 2011-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | CLIFTON D. BODIFORD, CPA |
Accountancy firm EIN | 2011-12-31 | 570989001 |
2010 : CAROLINA FINANCIAL CORP 401K PS 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $124,081 |
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 | $2,311,715 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $565,624 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $476,531 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $1,401,314 |
Value of total assets at end of year | 2010-12-31 | $9,145,328 |
Value of total assets at beginning of year | 2010-12-31 | $7,275,156 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $89,093 |
Total interest from all sources | 2010-12-31 | $5,040 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $942,498 |
Participant contributions at end of year | 2010-12-31 | $150,931 |
Participant contributions at beginning of year | 2010-12-31 | $87,446 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $8,659 |
Liabilities. Value of operating payables at end of year | 2010-12-31 | $320 |
Total non interest bearing cash at end of year | 2010-12-31 | $132,920 |
Total non interest bearing cash at beginning of year | 2010-12-31 | $10,595 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $1,746,091 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $9,021,247 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $7,275,156 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $83,173 |
Interest on participant loans | 2010-12-31 | $5,040 |
Value of interest in common/collective trusts at end of year | 2010-12-31 | $8,859,127 |
Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $7,177,115 |
Net investment gain or loss from common/collective trusts | 2010-12-31 | $905,361 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $450,157 |
Employer contributions (assets) at end of year | 2010-12-31 | $2,350 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $476,531 |
Contract administrator fees | 2010-12-31 | $5,920 |
Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $123,761 |
Did the plan have assets held for investment | 2010-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | CLIFTON D. BODIFORD, CPA |
Accountancy firm EIN | 2010-12-31 | 570989001 |