401k Plan data: FIDELITY BANK 401(K) RETIREMENT PLAN plan

FIDELITY BANK 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	FIDELITY BANK 401(K) RETIREMENT PLAN
Plan identification number	003

FIDELITY BANK 401(K) RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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

401k Sponsoring company profile

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

Company Name: FIDELITY BANK

Employer identification number (EIN): 720184470

NAIC Classification: 522110
NAIC Description: Commercial Banking

Additional information about FIDELITY BANK

Jurisdiction of Incorporation: Iowa Secretary of State Business Entities

Incorporation Date: 1992-07-21

Company Identification Number: 159661

Legal Registered Office Address: 102 NATIONAL DR

HUXLEY
United States of America (USA)
50124

More information about FIDELITY BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIDELITY BANK 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-01-01
003 2021-01-01
003 2021-01-01
003 2021-01-01
003 2020-01-01

Plan Statistics for FIDELITY BANK 401(K) RETIREMENT PLAN

401k plan membership statisitcs for FIDELITY BANK 401(K) RETIREMENT PLAN

Measure Date Value
2022: FIDELITY BANK 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 414
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 371
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 71
Total of all active and inactive participants 2022-01-01 442
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 442
Number of participants with account balances 2022-01-01 437
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: FIDELITY BANK 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 362
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 360
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 54
Total of all active and inactive participants 2021-01-01 414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 414
Number of participants with account balances 2021-01-01 411
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: FIDELITY BANK 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 345
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 345
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 17
Total of all active and inactive participants 2020-01-01 362
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 362
Number of participants with account balances 2020-01-01 315
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 9

Measure	Date	Value
2022: FIDELITY BANK 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	414
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	371
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	71
Total of all active and inactive participants	2022-01-01	442
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	442
Number of participants with account balances	2022-01-01	437
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: FIDELITY BANK 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	362
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	360
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	54
Total of all active and inactive participants	2021-01-01	414
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	414
Number of participants with account balances	2021-01-01	411
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: FIDELITY BANK 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	345
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	345
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	17
Total of all active and inactive participants	2020-01-01	362
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	362
Number of participants with account balances	2020-01-01	315
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	9

Financial Data on FIDELITY BANK 401(K) RETIREMENT PLAN

Measure	Date	Value
2022 : FIDELITY BANK 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,605,746
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,868,322
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,848,576
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,559,262
Value of total assets at end of year	2022-12-31	$27,926,000
Value of total assets at beginning of year	2022-12-31	$31,400,068
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$19,746
Total interest from all sources	2022-12-31	$32,421
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$687,767
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$687,767
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
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
Contributions received from participants	2022-12-31	$2,104,301
Participant contributions at end of year	2022-12-31	$766,604
Participant contributions at beginning of year	2022-12-31	$569,066
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$290,325
Other income not declared elsewhere	2022-12-31	$223
Administrative expenses (other) incurred	2022-12-31	$19,746
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	$-3,474,068
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$27,926,000
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$31,400,068
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$24,847,360
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$28,462,759
Interest on participant loans	2022-12-31	$32,421
Value of interest in common/collective trusts at end of year	2022-12-31	$2,312,036
Value of interest in common/collective trusts at beginning of year	2022-12-31	$2,368,243
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-5,918,341
Net investment gain or loss from common/collective trusts	2022-12-31	$32,922
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
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	$1,164,636
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,848,576
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
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	LAPORTE CPAS & BUSINESS ADVISORS
Accountancy firm EIN	2022-12-31	721088864
2021 : FIDELITY BANK 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$7,216,420
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,605,471
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,598,408
Value of total corrective distributions	2021-12-31	$35
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$3,538,830
Value of total assets at end of year	2021-12-31	$31,400,068
Value of total assets at beginning of year	2021-12-31	$25,789,119
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$7,028
Total interest from all sources	2021-12-31	$29,756
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$3,042,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$3,042,096
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
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
Contributions received from participants	2021-12-31	$2,169,340
Participant contributions at end of year	2021-12-31	$569,066
Participant contributions at beginning of year	2021-12-31	$572,904
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$181,692
Other income not declared elsewhere	2021-12-31	$321
Administrative expenses (other) incurred	2021-12-31	$7,028
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	$5,610,949
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$31,400,068
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$25,789,119
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$28,462,759
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$23,673,091
Interest on participant loans	2021-12-31	$29,756
Value of interest in common/collective trusts at end of year	2021-12-31	$2,368,243
Value of interest in common/collective trusts at beginning of year	2021-12-31	$1,543,124
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$590,223
Net investment gain or loss from common/collective trusts	2021-12-31	$15,194
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$1,187,798
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,598,408
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
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	LAPORTE CPAS & BUSINESS ADVISORS
Accountancy firm EIN	2021-12-31	721088864
2020 : FIDELITY BANK 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$20,340,920
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$6,457,416
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,009,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,006,664
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$3,123,359
Value of total assets at end of year	2020-12-31	$25,789,119
Value of total assets at beginning of year	2020-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$2,553
Total interest from all sources	2020-12-31	$36,382
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$594,326
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$594,326
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,870,875
Participant contributions at end of year	2020-12-31	$572,904
Participant contributions at beginning of year	2020-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$275,822
Other income not declared elsewhere	2020-12-31	$237
Administrative expenses (other) incurred	2020-12-31	$2,553
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	$5,448,199
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$25,789,119
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$23,673,091
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$0
Interest on participant loans	2020-12-31	$36,382
Value of interest in common/collective trusts at end of year	2020-12-31	$1,543,124
Value of interest in common/collective trusts at beginning of year	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$2,684,790
Net investment gain or loss from common/collective trusts	2020-12-31	$18,322
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$976,662
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,006,664
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	Yes
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LAPORTE CPAS & BUSINESS ADVISORS
Accountancy firm EIN	2020-12-31	721088864

Form 5500 Responses for FIDELITY BANK 401(K) RETIREMENT PLAN

2022: FIDELITY BANK 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIDELITY BANK 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIDELITY BANK 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	First time form 5500 has been submitted	Yes
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIDELITY BANK
Employer identification number (EIN):	720184470
NAIC Classification:	522110
NAIC Description:	Commercial Banking

Jurisdiction of Incorporation:	Iowa Secretary of State Business Entities
Incorporation Date:	1992-07-21
Company Identification Number:	159661
Legal Registered Office Address:	102 NATIONAL DR HUXLEY United States of America (USA) 50124