Home   >   Pamrapo Savings Bank, S.L.A. Employee Stock Ownership Plan  >  Form 5500
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Company:
Pamrapo Savings Bank, SLA

Plan:
Pamrapo Savings Bank, S.L.A. Employee Stock Ownership Plan
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Plan Information
Plan Year 01/01/2009 — 12/31/2009
Effective Date of Plan 01/01/1989
Net Assets as of 12/31/2009 $1,877,722
Plan Number 3
Plan Type Single Employer
Is the plan collectively bargained? No
Did the plan file for an extension of time or the DFVC Program? Yes
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009
Active (Eligible) Participants 76
Retired or separated participants receiving benefits 3
Other retired or separated participants entitled to future benefits 52
Subtotal 131
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2
Total 133
Total number of participants as of 01/01/2009 129
Number of participants with account balances 133
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 3

Plan Sponsor Information
Address 611 Avenue C
Bayonne, NJ 07002
Telephone (201) 339-4600
EIN 22-1180465
Industry Code 522120
Named Administrator Kenneth D. Walter, President
Named Plan Sponsor Kenneth D. Walter, President

Plan Administrator Information
Administrator Name Pamrapo Savings Bank, Sla
Address 611 Avenue C
Bayonne, NJ 07002
Telephone (201) 339-4600
Administrator EIN 22-1180465

Audit Information
Audit Status Audited
Auditor Parentebeard LLC
Auditor EIN 23-2932984
Audit Opinion Disclaimer
Audit Type Limited Scope Audit

Benefits Provided Under the Plan
Code Benefit Description
2O ESOP other than a leveraged ESOP An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

  Question Answer Amount
1. During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No  
2. Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No  
3. Were any leases to which the plan was a party in default or classified during the year as uncollectible? No  
4. Were there any nonexempt transactions with any party-in-interest? No  
5. Was this plan covered by a fidelity bond? Yes $5,500,000
6. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
7. Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
8. Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No  
9. Did the plan have assets held for investment? Yes  
10. Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No  
11. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
12. Has the plan failed to provide any benefit when due under the plan? No  
13. If this is an individual account plan, was there a blackout period? No  
14. If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3?