GEORGIA BANKERS ASSOCIATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan GEORGIA BANKERS ASSOCIATION INSURANCE TRUST
| Measure | Date | Value |
|---|
| 2023 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2023 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2023-12-31 | $3,190,926 |
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $3,190,926 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $13,716,919 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $18,797,877 |
| Total income from all sources (including contributions) | 2023-12-31 | $112,318,361 |
| Total loss/gain on sale of assets | 2023-12-31 | $1,149,296 |
| Total of all expenses incurred | 2023-12-31 | $96,004,239 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $91,024,402 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $107,518,299 |
| Value of total assets at end of year | 2023-12-31 | $78,118,715 |
| Value of total assets at beginning of year | 2023-12-31 | $66,885,551 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $4,979,837 |
| Total interest from all sources | 2023-12-31 | $1,357,276 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $386,154 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2023-12-31 | $29,794,791 |
| Assets. Other investments not covered elsewhere at beginning of year | 2023-12-31 | $28,119,698 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $4,533,318 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $3,040,282 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $10,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $14,500,000 |
| Other income not declared elsewhere | 2023-12-31 | $-1,283,590 |
| Administrative expenses (other) incurred | 2023-12-31 | $1,196,369 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $1,575,061 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $1,842,554 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $16,314,122 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $64,401,796 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $48,087,674 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $145,165 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $15,479,757 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $11,664,472 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $11,664,472 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $1,357,276 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $91,024,402 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $107,518,299 |
| Income. Dividends from common stock | 2023-12-31 | $386,154 |
| Contract administrator fees | 2023-12-31 | $3,105,866 |
| 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 | 2023-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $26,926,529 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $22,811,633 |
| Liabilities. Value of benefit claims payable at end of year | 2023-12-31 | $1,641,858 |
| Liabilities. Value of benefit claims payable at beginning of year | 2023-12-31 | $2,455,323 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2023-12-31 | $1,384,320 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2023-12-31 | $1,249,466 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Aggregate proceeds on sale of assets | 2023-12-31 | $25,772,530 |
| Aggregate carrying amount (costs) on sale of assets | 2023-12-31 | $24,623,234 |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2023-12-31 | 581653941 |
| 2022 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-9,945,014 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-9,945,014 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $18,797,877 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $22,575,657 |
| Total income from all sources (including contributions) | 2022-12-31 | $90,802,541 |
| Total loss/gain on sale of assets | 2022-12-31 | $-998,778 |
| Total of all expenses incurred | 2022-12-31 | $100,681,972 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $95,607,027 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $100,941,245 |
| Value of total assets at end of year | 2022-12-31 | $66,885,551 |
| Value of total assets at beginning of year | 2022-12-31 | $80,542,762 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $5,074,945 |
| Total interest from all sources | 2022-12-31 | $1,199,003 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $423,308 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $920,322 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $28,119,698 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $32,512,140 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $3,040,282 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $6,530,799 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $14,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $17,300,000 |
| Other income not declared elsewhere | 2022-12-31 | $-817,223 |
| Administrative expenses (other) incurred | 2022-12-31 | $1,591,640 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $1,842,554 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $2,865,694 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-9,879,431 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $48,087,674 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $57,967,105 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $221,809 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $11,664,472 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $8,327,459 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $8,327,459 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,199,003 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $95,607,027 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $100,941,245 |
| Income. Dividends from common stock | 2022-12-31 | $423,308 |
| Contract administrator fees | 2022-12-31 | $2,341,174 |
| 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 | 2022-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $22,811,633 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $31,901,059 |
| Liabilities. Value of benefit claims payable at end of year | 2022-12-31 | $2,455,323 |
| Liabilities. Value of benefit claims payable at beginning of year | 2022-12-31 | $2,409,963 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2022-12-31 | $1,249,466 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-12-31 | $1,271,305 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $31,930,160 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $32,928,938 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2022-12-31 | 581653941 |
| 2021 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $904,970 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $904,970 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $22,575,657 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $18,796,680 |
| Total income from all sources (including contributions) | 2021-12-31 | $121,927,345 |
| Total loss/gain on sale of assets | 2021-12-31 | $3,560,485 |
| Total of all expenses incurred | 2021-12-31 | $121,891,432 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $117,027,907 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $114,587,366 |
| Value of total assets at end of year | 2021-12-31 | $80,542,762 |
| Value of total assets at beginning of year | 2021-12-31 | $76,727,872 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $4,863,525 |
| Total interest from all sources | 2021-12-31 | $1,345,382 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $296,212 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $269,947 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $1,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $32,512,140 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $35,239,895 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $6,530,799 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $6,466,038 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $17,300,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $14,000,000 |
| Other income not declared elsewhere | 2021-12-31 | $1,232,930 |
| Administrative expenses (other) incurred | 2021-12-31 | $2,372,579 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $2,865,694 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $2,937,165 |
| 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 | $35,913 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $57,967,105 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $57,931,192 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $212,046 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $8,327,459 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $11,457,075 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $11,457,075 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $1,345,382 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2021-12-31 | $117,027,907 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| 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 |
| Contributions received in cash from employer | 2021-12-31 | $114,587,366 |
| Income. Dividends from common stock | 2021-12-31 | $296,212 |
| Contract administrator fees | 2021-12-31 | $2,008,953 |
| 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 | 2021-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $31,901,059 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $22,129,473 |
| Liabilities. Value of benefit claims payable at end of year | 2021-12-31 | $2,409,963 |
| Liabilities. Value of benefit claims payable at beginning of year | 2021-12-31 | $1,859,515 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2021-12-31 | $1,271,305 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-12-31 | $1,435,391 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $19,837,020 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $16,276,535 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2021-12-31 | 581653941 |
| 2020 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $2,907,186 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $2,907,186 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $18,796,680 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $20,877,177 |
| Total income from all sources (including contributions) | 2020-12-31 | $125,571,119 |
| Total loss/gain on sale of assets | 2020-12-31 | $1,980,445 |
| Total of all expenses incurred | 2020-12-31 | $114,363,027 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $108,143,668 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $119,280,279 |
| Value of total assets at end of year | 2020-12-31 | $76,727,872 |
| Value of total assets at beginning of year | 2020-12-31 | $67,600,277 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,219,359 |
| Total interest from all sources | 2020-12-31 | $1,338,229 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $324,111 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $351,937 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2020-12-31 | $35,239,895 |
| Assets. Other investments not covered elsewhere at beginning of year | 2020-12-31 | $31,379,932 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $6,466,038 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $7,572,886 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $14,000,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $14,000,000 |
| Other income not declared elsewhere | 2020-12-31 | $-259,131 |
| Administrative expenses (other) incurred | 2020-12-31 | $3,596,140 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $2,937,165 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $4,155,360 |
| 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 | $11,208,092 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $57,931,192 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $46,723,100 |
| 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 |
| Investment advisory and management fees | 2020-12-31 | $195,129 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $11,457,075 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $8,058,458 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $8,058,458 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $1,338,229 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $108,143,668 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| 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 | $119,280,279 |
| Income. Dividends from common stock | 2020-12-31 | $324,111 |
| Contract administrator fees | 2020-12-31 | $2,076,153 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $22,129,473 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $18,985,148 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $1,859,515 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $2,721,817 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2020-12-31 | $1,435,391 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2020-12-31 | $1,603,853 |
| 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 |
| Aggregate proceeds on sale of assets | 2020-12-31 | $14,663,517 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $12,683,072 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2020-12-31 | 581653941 |
| 2019 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $4,146,126 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $4,146,126 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $4,146,126 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $4,146,126 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $20,877,177 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $20,877,177 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $19,349,275 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $19,349,275 |
| Total income from all sources (including contributions) | 2019-12-31 | $138,361,260 |
| Total income from all sources (including contributions) | 2019-12-31 | $138,361,260 |
| Total loss/gain on sale of assets | 2019-12-31 | $833,014 |
| Total loss/gain on sale of assets | 2019-12-31 | $833,014 |
| Total of all expenses incurred | 2019-12-31 | $130,470,841 |
| Total of all expenses incurred | 2019-12-31 | $130,470,841 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $123,861,567 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $123,861,567 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $131,720,886 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $131,720,886 |
| Value of total assets at end of year | 2019-12-31 | $67,600,277 |
| Value of total assets at end of year | 2019-12-31 | $67,600,277 |
| Value of total assets at beginning of year | 2019-12-31 | $58,181,956 |
| Value of total assets at beginning of year | 2019-12-31 | $58,181,956 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,609,274 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $6,609,274 |
| Total interest from all sources | 2019-12-31 | $1,326,199 |
| Total interest from all sources | 2019-12-31 | $1,326,199 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $290,396 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $290,396 |
| 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 |
| Administrative expenses professional fees incurred | 2019-12-31 | $290,209 |
| Administrative expenses professional fees incurred | 2019-12-31 | $290,209 |
| 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 | $1,000,000 |
| Value of fidelity bond cover | 2019-12-31 | $1,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $31,379,932 |
| Assets. Other investments not covered elsewhere at end of year | 2019-12-31 | $31,379,932 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $27,828,072 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-12-31 | $27,828,072 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $7,572,886 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $7,572,886 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $6,886,050 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $6,886,050 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $14,000,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-12-31 | $14,000,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $14,000,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $14,000,000 |
| Other income not declared elsewhere | 2019-12-31 | $44,639 |
| Other income not declared elsewhere | 2019-12-31 | $44,639 |
| Administrative expenses (other) incurred | 2019-12-31 | $3,873,914 |
| Administrative expenses (other) incurred | 2019-12-31 | $3,873,914 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $4,155,360 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $4,155,360 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $2,615,989 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $2,615,989 |
| 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 | $7,890,419 |
| Value of net income/loss | 2019-12-31 | $7,890,419 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $46,723,100 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $46,723,100 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $38,832,681 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $38,832,681 |
| 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 |
| Investment advisory and management fees | 2019-12-31 | $179,392 |
| Investment advisory and management fees | 2019-12-31 | $179,392 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $8,058,458 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $8,058,458 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,987,409 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,987,409 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $6,987,409 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $6,987,409 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,326,199 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $1,326,199 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $123,861,567 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $123,861,567 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
| 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 | $131,720,886 |
| Contributions received in cash from employer | 2019-12-31 | $131,720,886 |
| Income. Dividends from common stock | 2019-12-31 | $290,396 |
| Income. Dividends from common stock | 2019-12-31 | $290,396 |
| Contract administrator fees | 2019-12-31 | $2,265,759 |
| Contract administrator fees | 2019-12-31 | $2,265,759 |
| 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 | 2019-12-31 | No |
| 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 | 2019-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $18,985,148 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $18,985,148 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $14,673,718 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $14,673,718 |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $2,721,817 |
| Liabilities. Value of benefit claims payable at end of year | 2019-12-31 | $2,721,817 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $2,733,286 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $2,733,286 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2019-12-31 | $1,603,853 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2019-12-31 | $1,603,853 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2019-12-31 | $1,806,707 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2019-12-31 | $1,806,707 |
| 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 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $13,895,526 |
| Aggregate proceeds on sale of assets | 2019-12-31 | $13,895,526 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $13,062,512 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $13,062,512 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Unqualified |
| Accountancy firm name | 2019-12-31 | MOORE COLSON |
| Accountancy firm name | 2019-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2019-12-31 | 581653941 |
| Accountancy firm EIN | 2019-12-31 | 581653941 |
| 2018 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $-4,445,517 |
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $-4,445,517 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $19,349,275 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $18,624,732 |
| Total income from all sources (including contributions) | 2018-12-31 | $133,134,521 |
| Total loss/gain on sale of assets | 2018-12-31 | $2,691,869 |
| Total of all expenses incurred | 2018-12-31 | $131,122,171 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $124,803,037 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $133,054,244 |
| Value of total assets at end of year | 2018-12-31 | $58,181,956 |
| Value of total assets at beginning of year | 2018-12-31 | $55,445,063 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $6,319,134 |
| Total interest from all sources | 2018-12-31 | $1,241,107 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $249,554 |
| 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 | $294,016 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2018-12-31 | $27,828,072 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-12-31 | $30,016,417 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $6,886,050 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $3,528,722 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-12-31 | $14,000,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-12-31 | $13,500,000 |
| Other income not declared elsewhere | 2018-12-31 | $343,264 |
| Administrative expenses (other) incurred | 2018-12-31 | $3,554,293 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $2,615,989 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $1,440,282 |
| 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 | $2,012,350 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $38,832,681 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $36,820,331 |
| 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 |
| Investment advisory and management fees | 2018-12-31 | $176,340 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $6,987,409 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $1,345,399 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $1,345,399 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $1,241,107 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $124,803,037 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
| 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 | $133,054,244 |
| Income. Dividends from common stock | 2018-12-31 | $249,554 |
| Contract administrator fees | 2018-12-31 | $2,294,485 |
| 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 | 2018-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $14,673,718 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $18,630,556 |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $2,733,286 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $3,684,450 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2018-12-31 | $1,806,707 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2018-12-31 | $1,923,969 |
| 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 |
| Aggregate proceeds on sale of assets | 2018-12-31 | $22,504,202 |
| Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $19,812,333 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2018-12-31 | 581653941 |
| 2017 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2017 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $2,497,875 |
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $2,497,875 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $18,624,732 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $19,652,274 |
| Total income from all sources (including contributions) | 2017-12-31 | $123,202,361 |
| Total loss/gain on sale of assets | 2017-12-31 | $1,259,261 |
| Total of all expenses incurred | 2017-12-31 | $122,447,658 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $114,386,035 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $117,022,521 |
| Value of total assets at end of year | 2017-12-31 | $55,445,063 |
| Value of total assets at beginning of year | 2017-12-31 | $55,717,902 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $8,061,623 |
| Total interest from all sources | 2017-12-31 | $1,299,257 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $280,290 |
| 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 | $226,651 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2017-12-31 | $30,016,417 |
| Assets. Other investments not covered elsewhere at beginning of year | 2017-12-31 | $29,607,041 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $3,528,722 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $4,703,773 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2017-12-31 | $13,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2017-12-31 | $13,500,000 |
| Other income not declared elsewhere | 2017-12-31 | $843,157 |
| Administrative expenses (other) incurred | 2017-12-31 | $5,648,427 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $1,440,282 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $3,985,990 |
| 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 | $754,703 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $36,820,331 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $36,065,628 |
| 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 |
| Investment advisory and management fees | 2017-12-31 | $176,670 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $1,345,399 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $3,180,259 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $3,180,259 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $1,299,257 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2017-12-31 | $114,386,035 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
| 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 | $117,022,521 |
| Income. Dividends from common stock | 2017-12-31 | $280,290 |
| Contract administrator fees | 2017-12-31 | $2,009,875 |
| 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 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $18,630,556 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $16,403,477 |
| Liabilities. Value of benefit claims payable at end of year | 2017-12-31 | $3,684,450 |
| Liabilities. Value of benefit claims payable at beginning of year | 2017-12-31 | $2,166,284 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2017-12-31 | $1,923,969 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2017-12-31 | $1,823,352 |
| 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 |
| Aggregate proceeds on sale of assets | 2017-12-31 | $19,672,453 |
| Aggregate carrying amount (costs) on sale of assets | 2017-12-31 | $18,413,192 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Unqualified |
| Accountancy firm name | 2017-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2017-12-31 | 581653941 |
| 2016 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2016 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-1,167,559 |
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-1,167,559 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $19,652,274 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $17,871,975 |
| Total income from all sources (including contributions) | 2016-12-31 | $109,202,751 |
| Total loss/gain on sale of assets | 2016-12-31 | $1,458,068 |
| Total of all expenses incurred | 2016-12-31 | $116,533,972 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $110,130,960 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $106,274,764 |
| Value of total assets at end of year | 2016-12-31 | $55,717,902 |
| Value of total assets at beginning of year | 2016-12-31 | $61,268,824 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $6,403,012 |
| Total interest from all sources | 2016-12-31 | $1,442,602 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $327,126 |
| 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 | $265,167 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2016-12-31 | $29,607,041 |
| Assets. Other investments not covered elsewhere at beginning of year | 2016-12-31 | $34,609,720 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $4,703,773 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $4,121,491 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $13,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $13,500,000 |
| Other income not declared elsewhere | 2016-12-31 | $867,750 |
| Administrative expenses (other) incurred | 2016-12-31 | $5,946,788 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $3,985,990 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $3,220,334 |
| 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 | $-7,331,221 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $36,065,628 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $43,396,849 |
| 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 |
| Investment advisory and management fees | 2016-12-31 | $191,057 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $3,180,259 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $2,770,415 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $2,770,415 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $1,442,602 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $110,130,960 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| 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 | $106,274,764 |
| Income. Dividends from common stock | 2016-12-31 | $327,126 |
| 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 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $16,403,477 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $18,535,391 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $2,166,284 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $1,151,641 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2016-12-31 | $1,823,352 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2016-12-31 | $1,231,807 |
| 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 |
| Aggregate proceeds on sale of assets | 2016-12-31 | $26,960,368 |
| Aggregate carrying amount (costs) on sale of assets | 2016-12-31 | $25,502,300 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2016-12-31 | 581653941 |
| 2015 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2015 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-1,272,274 |
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-1,272,274 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $17,871,975 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $17,821,333 |
| Total income from all sources (including contributions) | 2015-12-31 | $104,545,092 |
| Total loss/gain on sale of assets | 2015-12-31 | $930,213 |
| Total of all expenses incurred | 2015-12-31 | $104,701,726 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $98,556,131 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $102,376,748 |
| Value of total assets at end of year | 2015-12-31 | $61,465,593 |
| Value of total assets at beginning of year | 2015-12-31 | $61,571,585 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $6,145,595 |
| Total interest from all sources | 2015-12-31 | $1,346,690 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $334,759 |
| 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 | $212,056 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $34,609,720 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $33,727,865 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $4,318,260 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $2,863,010 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $13,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $13,500,000 |
| Other income not declared elsewhere | 2015-12-31 | $828,956 |
| Administrative expenses (other) incurred | 2015-12-31 | $5,742,997 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $3,220,334 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $2,997,134 |
| 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 | $-156,634 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $43,593,618 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $43,750,252 |
| 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 |
| Investment advisory and management fees | 2015-12-31 | $190,542 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $2,770,415 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-12-31 | $5,572,819 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-12-31 | $5,572,819 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $1,346,690 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $98,556,131 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
| 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 | $102,376,748 |
| Income. Dividends from common stock | 2015-12-31 | $334,759 |
| 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 | 2015-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $18,535,391 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $18,106,499 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $1,151,641 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $1,324,199 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2015-12-31 | $1,231,807 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2015-12-31 | $1,301,392 |
| 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 |
| Aggregate proceeds on sale of assets | 2015-12-31 | $16,678,080 |
| Aggregate carrying amount (costs) on sale of assets | 2015-12-31 | $15,747,867 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2015-12-31 | 581653941 |
| 2014 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2014 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2014-12-31 | $-373,080 |
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $-373,080 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $17,821,333 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $20,379,319 |
| Total income from all sources (including contributions) | 2014-12-31 | $101,314,121 |
| Total loss/gain on sale of assets | 2014-12-31 | $1,312,914 |
| Total of all expenses incurred | 2014-12-31 | $96,512,277 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $90,010,767 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $98,220,503 |
| Value of total assets at end of year | 2014-12-31 | $61,571,585 |
| Value of total assets at beginning of year | 2014-12-31 | $59,327,727 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $6,501,510 |
| Total interest from all sources | 2014-12-31 | $1,296,208 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $306,312 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $296,139 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $33,727,865 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $30,046,719 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $2,863,010 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $2,438,256 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $13,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $15,500,000 |
| Other income not declared elsewhere | 2014-12-31 | $551,264 |
| Administrative expenses (other) incurred | 2014-12-31 | $6,035,976 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $2,997,134 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $2,675,292 |
| 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 | $4,801,844 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $43,750,252 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $38,948,408 |
| 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 |
| Investment advisory and management fees | 2014-12-31 | $169,395 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2014-12-31 | $5,572,819 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2014-12-31 | $9,386,899 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2014-12-31 | $9,386,899 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $1,296,208 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $90,010,767 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | Yes |
| 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 | $98,220,503 |
| Income. Dividends from common stock | 2014-12-31 | $306,312 |
| 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 | 2014-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $18,106,499 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $16,128,174 |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $1,324,199 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $2,204,027 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2014-12-31 | $1,301,392 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2014-12-31 | $1,327,679 |
| 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 |
| Aggregate proceeds on sale of assets | 2014-12-31 | $13,187,980 |
| Aggregate carrying amount (costs) on sale of assets | 2014-12-31 | $11,875,066 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2014-12-31 | 581653941 |
| 2012 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-12-31 | $769,345 |
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $769,345 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $20,750,199 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $20,090,874 |
| Total income from all sources (including contributions) | 2012-12-31 | $101,502,281 |
| Total loss/gain on sale of assets | 2012-12-31 | $105,144 |
| Total of all expenses incurred | 2012-12-31 | $96,373,891 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $88,463,268 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $97,363,804 |
| Value of total assets at end of year | 2012-12-31 | $55,136,288 |
| Value of total assets at beginning of year | 2012-12-31 | $49,348,573 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $7,910,623 |
| Total interest from all sources | 2012-12-31 | $1,346,776 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $231,567 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $152,612 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2012-12-31 | $30,667,174 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $30,652,660 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $3,343,655 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $1,822,557 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2012-12-31 | $15,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-12-31 | $15,500,000 |
| Other income not declared elsewhere | 2012-12-31 | $1,685,645 |
| Administrative expenses (other) incurred | 2012-12-31 | $7,614,455 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $3,067,421 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $2,649,686 |
| 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 | $5,128,390 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $34,386,089 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $29,257,699 |
| 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 |
| Investment advisory and management fees | 2012-12-31 | $143,556 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $6,741,044 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $5,622,152 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $5,622,152 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $1,346,776 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2012-12-31 | $88,463,268 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
| 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 | $97,363,804 |
| Income. Dividends from common stock | 2012-12-31 | $231,567 |
| 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 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $12,969,295 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2012-12-31 | $9,700,787 |
| Liabilities. Value of benefit claims payable at end of year | 2012-12-31 | $2,182,778 |
| Liabilities. Value of benefit claims payable at beginning of year | 2012-12-31 | $1,941,188 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2012-12-31 | $1,415,120 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2012-12-31 | $1,550,417 |
| 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 |
| Aggregate proceeds on sale of assets | 2012-12-31 | $6,927,427 |
| Aggregate carrying amount (costs) on sale of assets | 2012-12-31 | $6,822,283 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Unqualified |
| Accountancy firm name | 2012-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2012-12-31 | 581653941 |
| 2010 : GEORGIA BANKERS ASSOCIATION INSURANCE TRUST 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $516,328 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $516,328 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $20,976,900 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $19,587,196 |
| Total income from all sources (including contributions) | 2010-12-31 | $100,634,380 |
| Total loss/gain on sale of assets | 2010-12-31 | $251,458 |
| Total of all expenses incurred | 2010-12-31 | $101,790,296 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $96,661,994 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $97,611,595 |
| Value of total assets at end of year | 2010-12-31 | $46,867,087 |
| Value of total assets at beginning of year | 2010-12-31 | $46,633,299 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $5,128,302 |
| Total interest from all sources | 2010-12-31 | $1,169,829 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $190,967 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $218,021 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
| 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 |
| Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $27,116,515 |
| Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $20,426,967 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $1,604,776 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $1,262,150 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $15,500,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $15,500,000 |
| Other income not declared elsewhere | 2010-12-31 | $894,203 |
| Administrative expenses (other) incurred | 2010-12-31 | $4,801,348 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $2,371,774 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $1,932,324 |
| 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 | $-1,155,916 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $25,890,187 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $27,046,103 |
| 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 | $108,933 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $5,316,401 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $14,968,798 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $14,968,798 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $1,169,829 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2010-12-31 | $96,661,994 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
| 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 | $97,611,595 |
| Income. Dividends from common stock | 2010-12-31 | $190,967 |
| 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 | 2010-12-31 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2010-12-31 | $11,194,893 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2010-12-31 | $8,272,028 |
| Liabilities. Value of benefit claims payable at end of year | 2010-12-31 | $3,105,126 |
| Liabilities. Value of benefit claims payable at beginning of year | 2010-12-31 | $2,154,872 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2010-12-31 | $1,634,502 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2010-12-31 | $1,703,356 |
| 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 |
| Aggregate proceeds on sale of assets | 2010-12-31 | $3,993,364 |
| Aggregate carrying amount (costs) on sale of assets | 2010-12-31 | $3,741,906 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | MOORE COLSON |
| Accountancy firm EIN | 2010-12-31 | 581653941 |
