FLORIDA BANKERS INSURANCE TRUST has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FBIT WELFARE BENEFIT PLAN (FBA BANK POOL)
| Measure | Date | Value |
|---|
| 2016 : FBIT WELFARE BENEFIT PLAN (FBA BANK POOL) 2016 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $5,874,706 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $5,505,526 |
| Total income from all sources (including contributions) | 2016-12-31 | $49,088,212 |
| Total of all expenses incurred | 2016-12-31 | $48,772,560 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $45,318,427 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $49,088,212 |
| Value of total assets at end of year | 2016-12-31 | $7,893,527 |
| Value of total assets at beginning of year | 2016-12-31 | $7,208,695 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $3,454,133 |
| 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 | $0 |
| Was this plan covered by a fidelity bond | 2016-12-31 | No |
| 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 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $6,427,893 |
| Participant contributions at end of year | 2016-12-31 | $250,960 |
| Participant contributions at beginning of year | 2016-12-31 | $184,810 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $27,837 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $332,000 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $332,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2016-12-31 | $5,663,226 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2016-12-31 | $5,324,114 |
| Administrative expenses (other) incurred | 2016-12-31 | $782,316 |
| Total non interest bearing cash at end of year | 2016-12-31 | $6,700,125 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $6,081,443 |
| 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 | $315,652 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $2,018,821 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $1,703,169 |
| 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 | $2,671,817 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $610,442 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $610,442 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $610,442 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2016-12-31 | $3,923,520 |
| 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 | 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 | $42,632,482 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $41,394,907 |
| 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 |
| Liabilities. Value of benefit claims payable at end of year | 2016-12-31 | $211,480 |
| Liabilities. Value of benefit claims payable at beginning of year | 2016-12-31 | $181,412 |
| Did the plan have assets held for investment | 2016-12-31 | 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 | 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Unqualified |
| Accountancy firm name | 2016-12-31 | HACKER JOHNSON & SMITH PA |
| Accountancy firm EIN | 2016-12-31 | 592153385 |
| 2015 : FBIT WELFARE BENEFIT PLAN (FBA BANK POOL) 2015 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $5,505,526 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $3,423,734 |
| Total income from all sources (including contributions) | 2015-12-31 | $48,455,873 |
| Total of all expenses incurred | 2015-12-31 | $48,183,687 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $45,119,391 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $48,455,873 |
| Value of total assets at end of year | 2015-12-31 | $7,208,695 |
| Value of total assets at beginning of year | 2015-12-31 | $4,854,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $3,064,296 |
| 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 | $12,000 |
| Was this plan covered by a fidelity bond | 2015-12-31 | No |
| 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 |
| Contributions received from participants | 2015-12-31 | $6,597,327 |
| Participant contributions at end of year | 2015-12-31 | $184,810 |
| Participant contributions at beginning of year | 2015-12-31 | $88,067 |
| Assets. Other investments not covered elsewhere at end of year | 2015-12-31 | $942,442 |
| Assets. Other investments not covered elsewhere at beginning of year | 2015-12-31 | $942,442 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $37,145 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2015-12-31 | $5,324,114 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2015-12-31 | $3,194,726 |
| Administrative expenses (other) incurred | 2015-12-31 | $427,129 |
| Total non interest bearing cash at end of year | 2015-12-31 | $6,081,443 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $3,824,208 |
| 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 | $272,186 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $1,703,169 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $1,430,983 |
| 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 | $2,625,167 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-12-31 | $4,275,609 |
| 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 | $41,821,401 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $40,843,782 |
| 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 |
| Liabilities. Value of benefit claims payable at end of year | 2015-12-31 | $181,412 |
| Liabilities. Value of benefit claims payable at beginning of year | 2015-12-31 | $229,008 |
| Did the plan have assets held for investment | 2015-12-31 | 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 | 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Unqualified |
| Accountancy firm name | 2015-12-31 | HACKER JOHNSON & SMITH PA |
| Accountancy firm EIN | 2015-12-31 | 592153385 |
| 2014 : FBIT WELFARE BENEFIT PLAN (FBA BANK POOL) 2014 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $3,423,734 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $2,343,146 |
| Total income from all sources (including contributions) | 2014-12-31 | $33,821,066 |
| Total of all expenses incurred | 2014-12-31 | $33,564,667 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $30,069,598 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $33,821,066 |
| Value of total assets at end of year | 2014-12-31 | $4,854,717 |
| Value of total assets at beginning of year | 2014-12-31 | $3,517,730 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $3,495,069 |
| 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 | $12,000 |
| Was this plan covered by a fidelity bond | 2014-12-31 | No |
| 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 |
| Contributions received from participants | 2014-12-31 | $6,729,898 |
| Participant contributions at end of year | 2014-12-31 | $88,067 |
| Participant contributions at beginning of year | 2014-12-31 | $70,623 |
| Assets. Other investments not covered elsewhere at end of year | 2014-12-31 | $942,442 |
| Assets. Other investments not covered elsewhere at beginning of year | 2014-12-31 | $332,000 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $3,194,726 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $1,977,527 |
| Administrative expenses (other) incurred | 2014-12-31 | $1,475,830 |
| Total non interest bearing cash at end of year | 2014-12-31 | $3,824,208 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $3,115,107 |
| 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 | $256,399 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $1,430,983 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $1,174,584 |
| 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 | $2,007,239 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2014-12-31 | $5,020,641 |
| 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 | $27,091,168 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $25,048,957 |
| 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 |
| Liabilities. Value of benefit claims payable at end of year | 2014-12-31 | $229,008 |
| Liabilities. Value of benefit claims payable at beginning of year | 2014-12-31 | $365,619 |
| Did the plan have assets held for investment | 2014-12-31 | 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 | 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 | No |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Unqualified |
| Accountancy firm name | 2014-12-31 | HACKER JOHNSON & SMITH PA |
| Accountancy firm EIN | 2014-12-31 | 592153385 |
