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INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameINDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Stock bonus
  • 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.
  • ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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)).
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

INDUSTRY BANCSHARES INC has sponsored the creation of one or more 401k plans.

Company Name:INDUSTRY BANCSHARES INC
Employer identification number (EIN):742679367
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about INDUSTRY BANCSHARES INC

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1993-03-26
Company Identification Number: 0126569800
Legal Registered Office Address: PO BOX 87

INDUSTRY
United States of America (USA)
78944

More information about INDUSTRY BANCSHARES INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022020-01-01
0022020-01-01
0022019-01-01JAMES LINDEMANN2020-10-06
0022018-01-01JAMES LINDEMANN2019-10-10
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01
0022013-01-01JAMES LINDEMANN
0022012-01-01JAMES LINDEMANN
0022011-01-01JAMES LINDEMANN
0022010-01-01JAMES LINDEMANN
0022009-01-01JAMES LINDEMANN

Plan Statistics for INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01550
Total number of active participants reported on line 7a of the Form 55002022-01-01459
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-01116
Total of all active and inactive participants2022-01-01577
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-014
Total participants2022-01-01581
Number of participants with account balances2022-01-01520
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0116
2021: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01528
Total number of active participants reported on line 7a of the Form 55002021-01-01452
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0193
Total of all active and inactive participants2021-01-01547
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-013
Total participants2021-01-01550
Number of participants with account balances2021-01-01467
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0115
2020: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01512
Total number of active participants reported on line 7a of the Form 55002020-01-01440
Number of retired or separated participants receiving benefits2020-01-012
Number of other retired or separated participants entitled to future benefits2020-01-0174
Total of all active and inactive participants2020-01-01516
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01516
Number of participants with account balances2020-01-01451
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-018
2019: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01433
Total number of active participants reported on line 7a of the Form 55002019-01-01388
Number of retired or separated participants receiving benefits2019-01-0119
Number of other retired or separated participants entitled to future benefits2019-01-0157
Total of all active and inactive participants2019-01-01464
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01464
Number of participants with account balances2019-01-01430
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0124
2018: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01445
Total number of active participants reported on line 7a of the Form 55002018-01-01374
Number of retired or separated participants receiving benefits2018-01-0112
Number of other retired or separated participants entitled to future benefits2018-01-0143
Total of all active and inactive participants2018-01-01429
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01429
Number of participants with account balances2018-01-01384
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0112
2017: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01402
Total number of active participants reported on line 7a of the Form 55002017-01-01412
Number of retired or separated participants receiving benefits2017-01-0119
Number of other retired or separated participants entitled to future benefits2017-01-0110
Total of all active and inactive participants2017-01-01441
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01441
Number of participants with account balances2017-01-01341
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01333
Total number of active participants reported on line 7a of the Form 55002016-01-01371
Number of retired or separated participants receiving benefits2016-01-0111
Number of other retired or separated participants entitled to future benefits2016-01-0118
Total of all active and inactive participants2016-01-01400
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01400
Number of participants with account balances2016-01-01323
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-019
2015: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01309
Total number of active participants reported on line 7a of the Form 55002015-01-01292
Number of retired or separated participants receiving benefits2015-01-0127
Number of other retired or separated participants entitled to future benefits2015-01-0112
Total of all active and inactive participants2015-01-01331
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-011
Total participants2015-01-01332
Number of participants with account balances2015-01-01311
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0117
2014: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01271
Total number of active participants reported on line 7a of the Form 55002014-01-01294
Number of retired or separated participants receiving benefits2014-01-018
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-01306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01306
Number of participants with account balances2014-01-01267
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2013: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01264
Total number of active participants reported on line 7a of the Form 55002013-01-01248
Number of retired or separated participants receiving benefits2013-01-0119
Number of other retired or separated participants entitled to future benefits2013-01-013
Total of all active and inactive participants2013-01-01270
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01270
Number of participants with account balances2013-01-01233
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-019
2012: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01236
Total number of active participants reported on line 7a of the Form 55002012-01-01246
Number of retired or separated participants receiving benefits2012-01-016
Number of other retired or separated participants entitled to future benefits2012-01-019
Total of all active and inactive participants2012-01-01261
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01261
Number of participants with account balances2012-01-01206
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01218
Total number of active participants reported on line 7a of the Form 55002011-01-01206
Number of retired or separated participants receiving benefits2011-01-017
Number of other retired or separated participants entitled to future benefits2011-01-0117
Total of all active and inactive participants2011-01-01230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01230
Number of participants with account balances2011-01-01198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-013
2010: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01198
Total number of active participants reported on line 7a of the Form 55002010-01-01192
Number of retired or separated participants receiving benefits2010-01-016
Number of other retired or separated participants entitled to future benefits2010-01-0119
Total of all active and inactive participants2010-01-01217
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01217
Number of participants with account balances2010-01-01193
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-012
2009: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01171
Total number of active participants reported on line 7a of the Form 55002009-01-01167
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0124
Total of all active and inactive participants2009-01-01191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01192
Number of participants with account balances2009-01-01165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-013

Financial Data on INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-2,901,526
Total unrealized appreciation/depreciation of assets2022-12-31$-2,901,526
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$798
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$798
Total income from all sources (including contributions)2022-12-31$-2,558,131
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,736,653
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,648,621
Value of total corrective distributions2022-12-31$20,160
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$3,697,967
Value of total assets at end of year2022-12-31$44,304,903
Value of total assets at beginning of year2022-12-31$48,599,687
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$67,872
Total interest from all sources2022-12-31$71,906
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$48,315
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$48,315
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$2,055,407
Participant contributions at end of year2022-12-31$472,282
Participant contributions at beginning of year2022-12-31$452,084
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$149,235
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$41
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$798
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$798
Other income not declared elsewhere2022-12-31$514,838
Administrative expenses (other) incurred2022-12-31$802
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,294,784
Value of net assets at end of year (total assets less liabilities)2022-12-31$44,304,105
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$48,598,889
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,233,685
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$2,427,665
Value of interest in pooled separate accounts at end of year2022-12-31$17,705,107
Value of interest in pooled separate accounts at beginning of year2022-12-31$20,651,488
Interest on participant loans2022-12-31$18,780
Interest earned on other investments2022-12-31$43,062
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$2,410,943
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,354,733
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,354,733
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$10,064
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$2,991,438
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$2,613,035
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-532,351
Net investment gain/loss from pooled separate accounts2022-12-31$-3,457,280
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Assets. Invements in employer securities at end of year2022-12-31$18,489,156
Assets. Invements in employer securities at beginning of year2022-12-31$20,100,682
Contributions received in cash from employer2022-12-31$1,493,325
Employer contributions (assets) at end of year2022-12-31$2,251
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,648,621
Contract administrator fees2022-12-31$67,070
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2022-12-31742533381
2021 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$2,174,155
Total unrealized appreciation/depreciation of assets2021-12-31$2,174,155
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$798
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$8,771,720
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$3,011,732
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,927,280
Value of total corrective distributions2021-12-31$11,021
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,423,471
Value of total assets at end of year2021-12-31$48,599,687
Value of total assets at beginning of year2021-12-31$42,838,901
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$73,431
Total interest from all sources2021-12-31$60,483
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$41,242
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$41,242
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,924,715
Participant contributions at end of year2021-12-31$452,084
Participant contributions at beginning of year2021-12-31$254,799
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$68,912
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$798
Other income not declared elsewhere2021-12-31$553,794
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$5,759,988
Value of net assets at end of year (total assets less liabilities)2021-12-31$48,598,889
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$42,838,901
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$2,427,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$2,484,435
Value of interest in pooled separate accounts at end of year2021-12-31$20,651,488
Value of interest in pooled separate accounts at beginning of year2021-12-31$18,930,567
Interest on participant loans2021-12-31$15,726
Interest earned on other investments2021-12-31$40,035
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,354,733
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$401,911
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$401,911
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$4,722
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$2,613,035
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$2,837,885
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$56,617
Net investment gain/loss from pooled separate accounts2021-12-31$2,461,958
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Assets. Invements in employer securities at end of year2021-12-31$20,100,682
Assets. Invements in employer securities at beginning of year2021-12-31$17,926,527
Contributions received in cash from employer2021-12-31$1,429,844
Employer contributions (assets) at beginning of year2021-12-31$2,777
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,927,280
Contract administrator fees2021-12-31$73,431
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2021-12-31742533381
2020 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$2,261,775
Total unrealized appreciation/depreciation of assets2020-12-31$2,261,775
Total transfer of assets to this plan2020-12-31$0
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$3,510
Expenses. Interest paid2020-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$0
Total income from all sources (including contributions)2020-12-31$9,576,779
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$2,120,807
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,035,569
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$3,581,281
Value of total assets at end of year2020-12-31$42,838,901
Value of total assets at beginning of year2020-12-31$35,386,439
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$85,238
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$28,313
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$207,172
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$207,172
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$1,762,360
Participant contributions at end of year2020-12-31$254,799
Participant contributions at beginning of year2020-12-31$298,129
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$456,871
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$3,510
Other income not declared elsewhere2020-12-31$489,243
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$7,455,972
Value of net assets at end of year (total assets less liabilities)2020-12-31$42,838,901
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$35,382,929
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,484,435
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$20,229,080
Value of interest in pooled separate accounts at end of year2020-12-31$18,930,567
Value of interest in pooled separate accounts at beginning of year2020-12-31$0
Interest on participant loans2020-12-31$14,623
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$8,470
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$401,911
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$1,463,978
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$1,463,978
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$5,220
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$2,837,885
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,006,487
Net investment gain/loss from pooled separate accounts2020-12-31$2,002,508
Net investment gain or loss from common/collective trusts2020-12-31$0
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Assets. Invements in employer securities at end of year2020-12-31$17,926,527
Assets. Invements in employer securities at beginning of year2020-12-31$13,395,252
Contributions received in cash from employer2020-12-31$1,362,050
Employer contributions (assets) at end of year2020-12-31$2,777
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,035,569
Contract administrator fees2020-12-31$85,238
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2020-12-31742533381
2019 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$910,190
Total unrealized appreciation/depreciation of assets2019-12-31$910,190
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$3,510
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$705,308
Expenses. Interest paid2019-12-31$14,338
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022019-12-31$14,338
Total income from all sources (including contributions)2019-12-31$7,893,085
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,459,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,364,402
Expenses. Certain deemed distributions of participant loans2019-12-31$23,532
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,123,418
Value of total assets at end of year2019-12-31$35,386,439
Value of total assets at beginning of year2019-12-31$29,654,306
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$56,882
Total interest from all sources2019-12-31$19,878
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$365,458
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,735,561
Participant contributions at end of year2019-12-31$298,129
Participant contributions at beginning of year2019-12-31$302,696
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$105,605
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$3,510
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$5,308
Administrative expenses (other) incurred2019-12-31$56,882
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$6,433,931
Value of net assets at end of year (total assets less liabilities)2019-12-31$35,382,929
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$28,948,998
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$20,229,080
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$15,961,932
Interest on participant loans2019-12-31$15,963
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$1,463,978
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$903,166
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$903,166
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$3,915
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$3,474,141
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$13,395,252
Assets. Invements in employer securities at beginning of year2019-12-31$12,485,062
Contributions received in cash from employer2019-12-31$1,282,252
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$1,450
Income. Dividends from common stock2019-12-31$365,458
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,364,402
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Liabilities. Value of acquisition indebtedness at end of year2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$700,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2019-12-31742533381
2018 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$171,734
Total unrealized appreciation/depreciation of assets2018-12-31$171,734
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$705,308
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$1,408,750
Expenses. Interest paid2018-12-31$55,278
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$55,278
Total income from all sources (including contributions)2018-12-31$2,609,350
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$2,293,683
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,197,077
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$2,991,900
Value of total assets at end of year2018-12-31$29,654,306
Value of total assets at beginning of year2018-12-31$30,042,081
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$41,328
Total interest from all sources2018-12-31$19,804
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$340,034
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,482,964
Participant contributions at end of year2018-12-31$302,696
Participant contributions at beginning of year2018-12-31$355,291
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$328,825
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$5,308
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$8,750
Administrative expenses (other) incurred2018-12-31$41,328
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$315,667
Value of net assets at end of year (total assets less liabilities)2018-12-31$28,948,998
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$28,633,331
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$15,961,932
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$16,878,500
Interest on participant loans2018-12-31$15,947
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$903,166
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$494,962
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$494,962
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$3,857
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-914,122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Assets. Invements in employer securities at end of year2018-12-31$12,485,062
Assets. Invements in employer securities at beginning of year2018-12-31$12,313,328
Contributions received in cash from employer2018-12-31$1,180,111
Employer contributions (assets) at end of year2018-12-31$1,450
Employer contributions (assets) at beginning of year2018-12-31$0
Income. Dividends from common stock2018-12-31$340,034
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,197,077
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Liabilities. Value of acquisition indebtedness at end of year2018-12-31$700,000
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$1,400,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2018-12-31742533381
2017 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$1,459,739
Total unrealized appreciation/depreciation of assets2017-12-31$1,459,739
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$1,408,750
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$2,208,823
Expenses. Interest paid2017-12-31$75,223
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022017-12-31$75,223
Total income from all sources (including contributions)2017-12-31$6,511,421
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$802,298
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$700,019
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$2,682,388
Value of total assets at end of year2017-12-31$30,042,081
Value of total assets at beginning of year2017-12-31$25,133,031
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$27,056
Total interest from all sources2017-12-31$15,506
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$963,265
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$963,265
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$1,458,885
Participant contributions at end of year2017-12-31$355,291
Participant contributions at beginning of year2017-12-31$207,610
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$113,315
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$8,750
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$10,989
Other income not declared elsewhere2017-12-31$206,081
Administrative expenses (other) incurred2017-12-31$27,056
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$5,709,123
Value of net assets at end of year (total assets less liabilities)2017-12-31$28,633,331
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$22,924,208
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$16,878,500
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$13,754,851
Interest on participant loans2017-12-31$13,567
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$494,962
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$316,981
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$316,981
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$1,939
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,184,442
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Assets. Invements in employer securities at end of year2017-12-31$12,313,328
Assets. Invements in employer securities at beginning of year2017-12-31$10,853,589
Contributions received in cash from employer2017-12-31$1,110,188
Employer contributions (assets) at end of year2017-12-31$0
Employer contributions (assets) at beginning of year2017-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$700,019
Liabilities. Value of benefit claims payable at end of year2017-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$97,834
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Liabilities. Value of acquisition indebtedness at end of year2017-12-31$1,400,000
Liabilities. Value of acquisition indebtedness at beginning of year2017-12-31$2,100,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31JAYNES, REITMEIER, BOYD & THERRELL
Accountancy firm EIN2017-12-31742533381
2016 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$721,283
Total unrealized appreciation/depreciation of assets2016-12-31$721,283
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$2,208,823
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$3,036,736
Expenses. Interest paid2016-12-31$89,863
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022016-12-31$89,863
Total income from all sources (including contributions)2016-12-31$4,439,043
Total of all expenses incurred2016-12-31$1,475,141
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,356,421
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,742,140
Value of total assets at end of year2016-12-31$25,133,031
Value of total assets at beginning of year2016-12-31$22,997,042
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$28,857
Total interest from all sources2016-12-31$11,679
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$7,800,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,305,807
Participant contributions at end of year2016-12-31$207,610
Participant contributions at beginning of year2016-12-31$265,083
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$445,234
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$10,989
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$13,779
Other income not declared elsewhere2016-12-31$178,603
Administrative expenses (other) incurred2016-12-31$28,857
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$2,963,902
Value of net assets at end of year (total assets less liabilities)2016-12-31$22,924,208
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$19,960,306
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$13,754,851
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$12,116,649
Interest on participant loans2016-12-31$9,458
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$316,981
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$480,992
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$480,992
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$2,221
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$785,338
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Assets. Invements in employer securities at end of year2016-12-31$10,853,589
Assets. Invements in employer securities at beginning of year2016-12-31$10,132,306
Contributions received in cash from employer2016-12-31$991,099
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$2,012
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,356,421
Liabilities. Value of benefit claims payable at end of year2016-12-31$97,834
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$222,957
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Liabilities. Value of acquisition indebtedness at end of year2016-12-31$2,100,000
Liabilities. Value of acquisition indebtedness at beginning of year2016-12-31$2,800,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2016-12-31742323205
2015 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$343,468
Total unrealized appreciation/depreciation of assets2015-12-31$343,468
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$3,036,736
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$3,553,462
Expenses. Interest paid2015-12-31$113,281
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022015-12-31$113,281
Total income from all sources (including contributions)2015-12-31$2,689,311
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$1,955,286
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$1,816,808
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$2,260,700
Value of total assets at end of year2015-12-31$22,997,042
Value of total assets at beginning of year2015-12-31$22,779,743
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$25,197
Total interest from all sources2015-12-31$14,281
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$7,800,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$1,253,021
Participant contributions at end of year2015-12-31$265,083
Participant contributions at beginning of year2015-12-31$322,614
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$70,853
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$2,074
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2015-12-31$13,779
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$18,229
Other income not declared elsewhere2015-12-31$151,125
Administrative expenses (other) incurred2015-12-31$25,197
Total non interest bearing cash at end of year2015-12-31$0
Total non interest bearing cash at beginning of year2015-12-31$2,362
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$734,025
Value of net assets at end of year (total assets less liabilities)2015-12-31$19,960,306
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$19,226,281
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$12,116,649
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$12,248,002
Interest on participant loans2015-12-31$11,886
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$480,992
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$386,413
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$386,413
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$2,395
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-80,263
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Assets. Invements in employer securities at end of year2015-12-31$10,132,306
Assets. Invements in employer securities at beginning of year2015-12-31$9,818,278
Contributions received in cash from employer2015-12-31$936,826
Employer contributions (assets) at end of year2015-12-31$2,012
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$1,816,808
Liabilities. Value of benefit claims payable at end of year2015-12-31$222,957
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$35,233
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$0
Liabilities. Value of acquisition indebtedness at end of year2015-12-31$2,800,000
Liabilities. Value of acquisition indebtedness at beginning of year2015-12-31$3,500,000
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2015-12-31742323205
2014 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2014 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$863,716
Total unrealized appreciation/depreciation of assets2014-12-31$863,716
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$3,553,462
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$916,692
Expenses. Interest paid2014-12-31$41,571
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022014-12-31$41,571
Total income from all sources (including contributions)2014-12-31$3,906,152
Total of all expenses incurred2014-12-31$690,242
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$608,839
Expenses. Certain deemed distributions of participant loans2014-12-31$238
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$2,460,392
Value of total assets at end of year2014-12-31$22,779,743
Value of total assets at beginning of year2014-12-31$16,927,063
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$39,594
Total interest from all sources2014-12-31$16,738
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$7,800,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$1,102,437
Participant contributions at end of year2014-12-31$322,614
Participant contributions at beginning of year2014-12-31$308,132
Participant contributions at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$537,593
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$2,074
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$18,229
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$502
Other income not declared elsewhere2014-12-31$69,720
Administrative expenses (other) incurred2014-12-31$39,594
Total non interest bearing cash at end of year2014-12-31$2,362
Total non interest bearing cash at beginning of year2014-12-31$1,241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$3,215,910
Value of net assets at end of year (total assets less liabilities)2014-12-31$19,226,281
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$16,010,371
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$12,248,002
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$10,684,384
Interest on participant loans2014-12-31$13,250
Value of interest in common/collective trusts at beginning of year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$386,413
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$478,763
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$478,763
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$3,488
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$495,586
Net investment gain or loss from common/collective trusts2014-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at end of year2014-12-31$9,818,278
Assets. Invements in employer securities at beginning of year2014-12-31$5,454,543
Contributions received in cash from employer2014-12-31$820,362
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$608,839
Liabilities. Value of benefit claims payable at end of year2014-12-31$35,233
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$153,545
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Liabilities. Value of acquisition indebtedness at end of year2014-12-31$3,500,000
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$762,645
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2014-12-31742323205
2013 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2013-12-31$328,093
Total unrealized appreciation/depreciation of assets2013-12-31$328,093
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$916,692
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$1,324,428
Expenses. Interest paid2013-12-31$51,717
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022013-12-31$51,717
Total income from all sources (including contributions)2013-12-31$3,484,000
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$1,143,483
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$1,054,584
Expenses. Certain deemed distributions of participant loans2013-12-31$24,555
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$1,795,486
Value of total assets at end of year2013-12-31$16,927,063
Value of total assets at beginning of year2013-12-31$14,994,282
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$12,627
Total interest from all sources2013-12-31$14,566
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Administrative expenses professional fees incurred2013-12-31$5,787
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$7,800,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$1,005,022
Participant contributions at end of year2013-12-31$308,132
Participant contributions at beginning of year2013-12-31$272,443
Participant contributions at end of year2013-12-31$0
Participant contributions at beginning of year2013-12-31$37,185
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$46,438
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$502
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$471
Other income not declared elsewhere2013-12-31$59,467
Administrative expenses (other) incurred2013-12-31$6,840
Total non interest bearing cash at end of year2013-12-31$1,241
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,340,517
Value of net assets at end of year (total assets less liabilities)2013-12-31$16,010,371
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$13,669,854
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$10,684,384
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$6,170,003
Interest on participant loans2013-12-31$11,181
Value of interest in common/collective trusts at end of year2013-12-31$0
Value of interest in common/collective trusts at beginning of year2013-12-31$3,065,109
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$478,763
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$320,369
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$320,369
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$3,385
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,267,107
Net investment gain or loss from common/collective trusts2013-12-31$19,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at end of year2013-12-31$5,454,543
Assets. Invements in employer securities at beginning of year2013-12-31$5,126,450
Contributions received in cash from employer2013-12-31$744,026
Employer contributions (assets) at end of year2013-12-31$0
Employer contributions (assets) at beginning of year2013-12-31$2,723
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$1,054,584
Liabilities. Value of benefit claims payable at end of year2013-12-31$153,545
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$48,667
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Liabilities. Value of acquisition indebtedness at end of year2013-12-31$762,645
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$1,275,290
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2013-12-31742323205
2012 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$615,174
Total unrealized appreciation/depreciation of assets2012-12-31$615,174
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,324,428
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$1,788,407
Expenses. Interest paid2012-12-31$74,801
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022012-12-31$74,801
Total income from all sources (including contributions)2012-12-31$3,000,217
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$573,218
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$490,227
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$1,562,532
Value of total assets at end of year2012-12-31$14,994,282
Value of total assets at beginning of year2012-12-31$13,031,262
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$8,190
Total interest from all sources2012-12-31$11,565
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$7,800,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$879,786
Participant contributions at end of year2012-12-31$272,443
Participant contributions at beginning of year2012-12-31$199,444
Participant contributions at end of year2012-12-31$37,185
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$28,104
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$471
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$472
Other income not declared elsewhere2012-12-31$84,074
Administrative expenses (other) incurred2012-12-31$8,190
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$2,426,999
Value of net assets at end of year (total assets less liabilities)2012-12-31$13,669,854
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$11,242,855
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$6,170,003
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$4,882,564
Interest on participant loans2012-12-31$8,631
Value of interest in common/collective trusts at end of year2012-12-31$3,065,109
Value of interest in common/collective trusts at beginning of year2012-12-31$3,222,826
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$320,369
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$215,152
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$215,152
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$2,934
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$709,066
Net investment gain or loss from common/collective trusts2012-12-31$17,806
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$5,126,450
Assets. Invements in employer securities at beginning of year2012-12-31$4,511,276
Contributions received in cash from employer2012-12-31$654,642
Employer contributions (assets) at end of year2012-12-31$2,723
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$490,227
Liabilities. Value of benefit claims payable at end of year2012-12-31$48,667
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Liabilities. Value of acquisition indebtedness at end of year2012-12-31$1,275,290
Liabilities. Value of acquisition indebtedness at beginning of year2012-12-31$1,787,935
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2012-12-31742323205
2011 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$1,332,877
Total unrealized appreciation/depreciation of assets2011-12-31$1,332,877
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$1,788,407
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$2,301,212
Expenses. Interest paid2011-12-31$97,855
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$97,855
Total income from all sources (including contributions)2011-12-31$2,461,674
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$317,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$219,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$1,349,756
Value of total assets at end of year2011-12-31$13,031,262
Value of total assets at beginning of year2011-12-31$11,400,339
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$481
Total interest from all sources2011-12-31$10,940
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$7,800,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$772,837
Participant contributions at end of year2011-12-31$199,444
Participant contributions at beginning of year2011-12-31$142,627
Participant contributions at beginning of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$472
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$632
Other income not declared elsewhere2011-12-31$51,265
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$2,143,728
Value of net assets at end of year (total assets less liabilities)2011-12-31$11,242,855
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$9,099,127
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$4,882,564
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,279,973
Interest on participant loans2011-12-31$7,787
Value of interest in common/collective trusts at end of year2011-12-31$3,222,826
Value of interest in common/collective trusts at beginning of year2011-12-31$1,581,715
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$215,152
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$214,065
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$214,065
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$3,153
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-315,150
Net investment gain or loss from common/collective trusts2011-12-31$31,986
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$4,511,276
Assets. Invements in employer securities at beginning of year2011-12-31$3,178,399
Contributions received in cash from employer2011-12-31$576,919
Employer contributions (assets) at end of year2011-12-31$0
Employer contributions (assets) at beginning of year2011-12-31$3,560
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$219,610
Contract administrator fees2011-12-31$481
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Liabilities. Value of acquisition indebtedness at end of year2011-12-31$1,787,935
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$2,300,580
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2011-12-31742323205
2010 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$615,174
Total unrealized appreciation/depreciation of assets2010-12-31$615,174
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$2,301,212
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Expenses. Interest paid2010-12-31$74,745
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022010-12-31$74,745
Total income from all sources (including contributions)2010-12-31$2,724,749
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$837,856
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$762,593
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$1,234,790
Value of total assets at end of year2010-12-31$11,400,339
Value of total assets at beginning of year2010-12-31$7,212,234
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$518
Total interest from all sources2010-12-31$11,438
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$36,163
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$1,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$694,872
Participant contributions at end of year2010-12-31$142,627
Participant contributions at beginning of year2010-12-31$153,944
Participant contributions at end of year2010-12-31$0
Participant contributions at beginning of year2010-12-31$23,094
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$30,915
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$632
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$1,886,893
Value of net assets at end of year (total assets less liabilities)2010-12-31$9,099,127
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$7,212,234
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$6,279,973
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$5,465,364
Interest on participant loans2010-12-31$9,011
Value of interest in common/collective trusts at end of year2010-12-31$1,581,715
Value of interest in common/collective trusts at beginning of year2010-12-31$1,544,353
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$214,065
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$2,427
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$801,015
Net investment gain or loss from common/collective trusts2010-12-31$26,169
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$3,178,399
Contributions received in cash from employer2010-12-31$509,003
Employer contributions (assets) at end of year2010-12-31$3,560
Employer contributions (assets) at beginning of year2010-12-31$25,479
Income. Dividends from common stock2010-12-31$36,163
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$762,593
Contract administrator fees2010-12-31$518
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$336,758
Aggregate carrying amount (costs) on sale of assets2010-12-31$336,758
Liabilities. Value of acquisition indebtedness at end of year2010-12-31$2,300,580
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31COKER, WOMMACK & COMPANY, PC
Accountancy firm EIN2010-12-31742323205
2009 : INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

2022: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: INDUSTRY BANCSHARES, INC. 401(K) EMPLOYEE STOCK OWNERSHIP PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number630475
Policy instance 1
Insurance contract or identification number630475
Number of Individuals Covered527
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $23,894
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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 $23,894
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 2
Insurance contract or identification number613953
Number of Individuals Covered527
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $3,506
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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 $3,506
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number630475
Policy instance 1
Insurance contract or identification number630475
Number of Individuals Covered550
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $24,187
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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 $24,187
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 2
Insurance contract or identification number613953
Number of Individuals Covered550
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $3,254
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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 $3,254
Amount paid for insurance broker fees0
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number630475
Policy instance 1
Insurance contract or identification number630475
Number of Individuals Covered498
Insurance policy start date2020-10-15
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number613953
Policy instance 2
Insurance contract or identification number613953
Number of Individuals Covered498
Insurance policy start date2020-10-15
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
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

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