Civic Intelligence
Filing

First Community Bank 401K Retirement Plan

First Community Bank • EIN 48-1160384 • Plan year 2008

Filing Insights

Participants

Down

38 → 0

-38 • -100.00%

Assets

Down

$4,481,366 → $26,273

-$4,455,093 • -99.41%

Investment Management Fee

-

Admin expenses - • Total expenses $3,513,210

Filing Details

Context
Net investment result
$-4,455,093
Pension payor EIN
42-0127290

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
200810$26,273$0-
First Community Bank 401K Retirement PlanCurrent0$26,273--
2007134$4,481,366$7,025$207iApproximate average salary by contribution assumption: employee only about $5,165 at 4% or $3,444 at 6%; with 50% employer match about $3,444 at 4% or $2,296 at 6%; with 100% employer match about $2,583 at 4% or $1,722 at 6%.
First Community Bank 401K Retirement Plan-34$4,481,366$7,025$207iApproximate average salary by contribution assumption: employee only about $5,165 at 4% or $3,444 at 6%; with 50% employer match about $3,444 at 4% or $2,296 at 6%; with 100% employer match about $2,583 at 4% or $1,722 at 6%.
2006135$4,282,482$599,660$17,133iApproximate average salary by contribution assumption: employee only about $428,329 at 4% or $285,552 at 6%; with 50% employer match about $285,552 at 4% or $190,368 at 6%; with 100% employer match about $214,164 at 4% or $142,776 at 6%.
First Community Bank 401K Retirement Plan-35$4,282,482$599,660$17,133iApproximate average salary by contribution assumption: employee only about $428,329 at 4% or $285,552 at 6%; with 50% employer match about $285,552 at 4% or $190,368 at 6%; with 100% employer match about $214,164 at 4% or $142,776 at 6%.
2005137$3,495,373$589,534$15,933iApproximate average salary by contribution assumption: employee only about $398,334 at 4% or $265,556 at 6%; with 50% employer match about $265,556 at 4% or $177,037 at 6%; with 100% employer match about $199,167 at 4% or $132,778 at 6%.
First Community Bank 401K Retirement Plan-37$3,495,373$589,534$15,933iApproximate average salary by contribution assumption: employee only about $398,334 at 4% or $265,556 at 6%; with 50% employer match about $265,556 at 4% or $177,037 at 6%; with 100% employer match about $199,167 at 4% or $132,778 at 6%.
2004134$2,675,513$444,688$13,079iApproximate average salary by contribution assumption: employee only about $326,976 at 4% or $217,984 at 6%; with 50% employer match about $217,984 at 4% or $145,323 at 6%; with 100% employer match about $163,488 at 4% or $108,992 at 6%.
First Community Bank 401K Retirement Plan-34$2,675,513$444,688$13,079iApproximate average salary by contribution assumption: employee only about $326,976 at 4% or $217,984 at 6%; with 50% employer match about $217,984 at 4% or $145,323 at 6%; with 100% employer match about $163,488 at 4% or $108,992 at 6%.
200210$1,431,712$299,893-
First Community Bank 401K Retirement Plan-0$1,431,712$299,893-
2001129$1,292,613$283,095$9,762iApproximate average salary by contribution assumption: employee only about $244,047 at 4% or $162,698 at 6%; with 50% employer match about $162,698 at 4% or $108,466 at 6%; with 100% employer match about $122,024 at 4% or $81,349 at 6%.
First Community Bank 401K Retirement Plan-29$1,292,613$283,095$9,762iApproximate average salary by contribution assumption: employee only about $244,047 at 4% or $162,698 at 6%; with 50% employer match about $162,698 at 4% or $108,466 at 6%; with 100% employer match about $122,024 at 4% or $81,349 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037217347319
Form Id
96972133
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
8020379217347060002
Ins Broker Comm Pd 01 Amount
$0
Ins Broker Fees Pd 01 Amount
$0
Row 2
Ins Carrier Name: PRINCIPAL LIFE INSURANCE COMPANY
Filing Id
84037217347319
Form Id
96972133
Schedule A EIN
48-1160384
Schedule A Plan Num
001
Schedule A Plan Year Begin Date
2008-01-01
Schedule A Tax Period
20081231
Ins Carrier Name
PRINCIPAL LIFE INSURANCE COMPANY
Ins Carrier EIN
42-0127290
Ins Carrier Naic Code
61271
Ins Contract Num
4-11215
Ins Prsn Covered End of year Count
0
Ins Policy From Date
2008-01-01
Ins Policy To Date
2008-12-31
Ins Broker Comm Total Amount
$0
Ins Broker Fees Total Amount
$0
Pension End of year Gen Account Amount
$4,813
Pension End of year Sep Account Amount
$21,460
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pnsn Type Unalloc Cntrct I
4
Pension Oth Unalloc Type Text
FLEXIBLE INVESTMENT ANNUITY
Pension End Prev Bal Amount
$161,231
Pension Contribution Dep Amount
$0
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$4,131
Pension Transfer From Amount
$0
Pension Other Amount
$3,942
Pension Other Text
LOAN PAYMENT
Pension Total Additions Amount
$8,073
Pension Total Bal Addn Amount
$169,304
Pension Bnfts Dsbrsd Amount
$148,223
Pension Admin Chrg Amount
$95
Pension Transfer To Amount
$16,173
Pension Oth Ded Amount
$0
Pension Total Ded Amount
$164,491
Pension End of year Bal Amount
$4,813
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule D

Row 1
Filing Id
84037217347319
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL MONEY MKT SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290024
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$6,057
Row 2
Filing Id
84037217347319
Page Id
1
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
8020379217347060003
Row 3
Filing Id
84037217347319
Page Id
1
Page Seq
0
Page Row Num
2
Row Num
1
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL U.S. PROPERTY SEPACT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290027
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$1,204
Row 4
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
1
Row Num
10
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN SMALLCAP BLEND SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290029
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 5
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
2
Row Num
11
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN MIDCAP BLEND SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290020
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$877
Row 6
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
3
Row Num
12
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL BD EMPH BAL SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290006
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 7
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
4
Row Num
13
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN STOCK EMPH BAL SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290032
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$3,161
Row 8
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
5
Row Num
14
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN LARGECAP BLEND I SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290017
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$3,729
Row 9
Filing Id
84037217347319
Page Id
2
Page Seq
1
Page Row Num
6
Row Num
15
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN LGCAP VALUE II SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290100
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 10
Filing Id
84037217347319
Page Id
2
Page Seq
2
Page Row Num
1
Row Num
16
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN SMALLCAP GROWTH SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290030
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 11
Filing Id
84037217347319
Page Id
2
Page Seq
2
Page Row Num
2
Row Num
17
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN MIDCAP GROWTH SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290021
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 12
Filing Id
84037217347319
Page Id
2
Page Seq
2
Page Row Num
3
Row Num
18
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN SMCAP VALUE II SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290096
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 13
Filing Id
84037217347319
Page Id
2
Page Seq
2
Page Row Num
4
Row Num
19
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN MIDCAP GROWTH I SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290056
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 14
Filing Id
84037217347319
Page Id
1
Page Seq
0
Page Row Num
3
Row Num
2
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL BOND AND MTG SEP ACC
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290005
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$2,197
Row 15
Filing Id
84037217347319
Page Id
2
Page Seq
2
Page Row Num
5
Row Num
20
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN FIN GRP INC. STK SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290086
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 16
Filing Id
84037217347319
Page Id
1
Page Seq
0
Page Row Num
4
Row Num
3
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN INTL SMALLCAP SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290014
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 17
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
4
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN LGCAP GROWTH II SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290067
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 18
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
2
Row Num
5
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL DIVERS INTL SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290015
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 19
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
3
Row Num
6
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRINCIPAL GOVT&HQBND SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290007
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 20
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
4
Row Num
7
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN SMCAP GROWTH III SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290097
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0
Row 21
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
5
Row Num
8
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN LGCP S&P 500 IDX SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290016
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$4,235
Row 22
Filing Id
84037217347319
Page Id
2
Page Seq
0
Page Row Num
6
Row Num
9
Image Form Id
8020379217347060003
DFE P1 Entity 01 Name
PRIN MIDCAP VALUE III SEP ACCT
DFE P1 Spons 01 Name
PRINCIPAL LIFE INSURANCE COMPANY
DFE P1 Plan 01 EIN Plan number
420127290022
DFE P1 Entity 01 Code
P
DFE P1 Plan Interest End of year 01 Amount
$0

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$26,273-$4,455,093 change

Balance Sheet

Beginning and end of plan year.

Total assets$4,481,366$26,273Decrease -$4,455,093 (-99.41%)
Total liabilities$0$0No change $0
Net assets$4,481,366$26,273Decrease -$4,455,093 (-99.41%)

Contributions

Employer contributions$0
Participant contributions$0
Other contributions$0

Income & Expenses

Total income$-941,883
Total expenses$3,513,210
Net income$-4,455,093
Source fields
Schedule I source fields
Filing Id
84037217347319
Schedule I EIN
48-1160384
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2008-01-01
Schedule I Tax Period
20081231
Small plan total assets at beginning of year
$4,481,366
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$4,481,366
Small plan total assets at end of year
$26,273
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$26,273
Small plan employer contributions
$0
Small plan participant contributions
$0
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$-941,883
Small plan total income
$-941,883
Small plan total benefit distributions
$3,510,481
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$2,729
Small plan total expenses
$3,513,210
Small plan net income or loss
$-4,455,093
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$3,000,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN42-0127290

Transfers

Distributed property value$0
Schedule R source fields
Payor 42-0127290
Filing Id
84037217347319
Schedule R EIN
48-1160384
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2008-01-01
Schedule R Tax Period
20081231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
42-0127290
Pension Bnft Distribution Sngl Sum Count
0
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
First Community Bank 401K Retirement Plan | First Community Bank | Plan 001 | 2008 Form 5500 Filing