Logo

COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 401k Plan overview

Plan NameCOMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN
Plan identification number 001

COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN Benefits

401k Plan TypeDefined 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

COMMUNITY NATIONAL BANK OF OKARCHE has sponsored the creation of one or more 401k plans.

Company Name:COMMUNITY NATIONAL BANK OF OKARCHE
Employer identification number (EIN):731205154
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01CHRIS WALTA2023-06-02
0012021-01-01CHRIS WALTA2022-02-15
0012020-01-01CHRIS WALTA2021-04-30
0012019-01-01CHRIS WALTA2020-05-04
0012018-01-01CHRIS WALTA2019-04-24
0012017-01-01CHRIS WALTA2018-04-13
0012016-01-01CHRIS WALTA2017-04-12
0012015-01-01CHRISTOPHER WALTA
0012014-01-01CHRISTOPHER WALTA
0012013-01-01CHRISTOPHER WALTA
0012012-01-01CHRISTOPHER WALTA
0012011-01-01CHRISTOPHER WALTA
0012009-01-01CHRISTOPHER WALTA CHRISTOPHER WALTA2010-04-15

Plan Statistics for COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN

401k plan membership statisitcs for COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN

Measure Date Value
2015: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0122
Total number of active participants reported on line 7a of the Form 55002015-01-0112
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0110
Total of all active and inactive participants2015-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0122
Number of participants with account balances2015-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0119
Total number of active participants reported on line 7a of the Form 55002014-01-0116
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0122
Number of participants with account balances2014-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0120
Total number of active participants reported on line 7a of the Form 55002013-01-0113
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0119
Number of participants with account balances2013-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0120
Total number of active participants reported on line 7a of the Form 55002012-01-0116
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0120
Number of participants with account balances2012-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0119
Total number of active participants reported on line 7a of the Form 55002011-01-0115
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0118
Number of participants with account balances2011-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-011
2009: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0121
Total number of active participants reported on line 7a of the Form 55002009-01-0120
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0121
Number of participants with account balances2009-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN

Measure Date Value
2015 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2015 401k financial data
Total income from all sources2015-12-31$147,264
Total plan assets at end of year2015-12-31$1,976,362
Total plan assets at beginning of year2015-12-31$1,829,098
Value of fidelity bond covering the plan2015-12-31$1,825,000
Total contributions received or receivable from participants2015-12-31$57,288
Contributions received from other sources (not participants or employers)2015-12-31$48,841
Other income received2015-12-31$10,586
Net income (gross income less expenses)2015-12-31$147,264
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,976,362
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,829,098
Total contributions received or receivable from employer(s)2015-12-31$30,549
2014 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2014 401k financial data
Total income from all sources2014-12-31$194,155
Expenses. Total of all expenses incurred2014-12-31$9,364
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$1,829,098
Total plan assets at beginning of year2014-12-31$1,644,307
Value of fidelity bond covering the plan2014-12-31$1,825,000
Total contributions received or receivable from participants2014-12-31$55,514
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$109,502
Net income (gross income less expenses)2014-12-31$184,791
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,829,098
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,644,307
Total contributions received or receivable from employer(s)2014-12-31$29,139
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$9,364
2013 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$346,343
Expenses. Total of all expenses incurred2013-12-31$48,179
Benefits paid (including direct rollovers)2013-12-31$48,179
Total plan assets at end of year2013-12-31$1,644,307
Total plan assets at beginning of year2013-12-31$1,346,143
Value of fidelity bond covering the plan2013-12-31$1,825,000
Total contributions received or receivable from participants2013-12-31$41,552
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$277,540
Net income (gross income less expenses)2013-12-31$298,164
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,644,307
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,346,143
Total contributions received or receivable from employer(s)2013-12-31$27,251
Value of certain deemed distributions of participant loans2013-12-31$0
2012 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$208,235
Total plan assets at end of year2012-12-31$1,346,143
Total plan assets at beginning of year2012-12-31$1,137,908
Value of fidelity bond covering the plan2012-12-31$1,825,000
Total contributions received or receivable from participants2012-12-31$49,179
Other income received2012-12-31$131,875
Net income (gross income less expenses)2012-12-31$208,235
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,346,143
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,137,908
Total contributions received or receivable from employer(s)2012-12-31$27,181
2011 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$52,577
Expenses. Total of all expenses incurred2011-12-31$47,904
Benefits paid (including direct rollovers)2011-12-31$47,904
Total plan assets at end of year2011-12-31$1,137,908
Total plan assets at beginning of year2011-12-31$1,133,235
Value of fidelity bond covering the plan2011-12-31$1,875,000
Total contributions received or receivable from participants2011-12-31$51,366
Other income received2011-12-31$-24,413
Net income (gross income less expenses)2011-12-31$4,673
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,137,908
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,133,235
Total contributions received or receivable from employer(s)2011-12-31$25,624
2010 : COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$202,865
Expenses. Total of all expenses incurred2010-12-31$5,406
Benefits paid (including direct rollovers)2010-12-31$5,406
Total plan assets at end of year2010-12-31$1,133,235
Total plan assets at beginning of year2010-12-31$935,776
Value of fidelity bond covering the plan2010-12-31$1,825,000
Total contributions received or receivable from participants2010-12-31$45,335
Other income received2010-12-31$133,310
Net income (gross income less expenses)2010-12-31$197,459
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,133,235
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$935,776
Total contributions received or receivable from employer(s)2010-12-31$24,220

Form 5500 Responses for COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN

2015: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: COMMUNITY NATIONAL BANK OF OKARCHE SAVINGS INCENTIVE PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered22
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $4,901
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,901
Insurance broker organization code?3
Insurance broker nameJAMES D FRANTZ
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered22
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $4,339
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,339
Insurance broker organization code?3
Insurance broker nameJAMES D FRANTZ
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered19
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $3,709
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,709
Insurance broker organization code?3
Insurance broker nameJAMES D FRANTZ
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered20
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $3,409
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,409
Insurance broker organization code?3
Insurance broker nameJAMES D FRANTZ
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered18
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $2,929
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberRM 84459 - 1
Policy instance 1
Insurance contract or identification numberRM 84459 - 1
Number of Individuals Covered19
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $2,464
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,464
Insurance broker organization code?3
Insurance broker nameJAMES D FRANTZ

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1