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BLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST 401k Plan overview

Plan NameBLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST
Plan identification number 002

BLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

BLUE CROSS BLUE SHIELD OF ME EMPLOYEES FCU has sponsored the creation of one or more 401k plans.

Company Name:BLUE CROSS BLUE SHIELD OF ME EMPLOYEES FCU
Employer identification number (EIN):010263767
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01THERESA MERCIER2022-03-07
0022021-01-01SUSAN THURLOW2022-02-08
0022020-01-01SUSAN THURLOW2021-03-15 SUSAN THURLOW2021-03-15
0022019-01-01SUSAN THURLOW2020-06-09
0022018-01-01SUSAN THURLOW2019-07-09
0022017-01-01SUSAN THURLOW2018-06-14 SUSAN THURLOW2018-06-14
0022016-01-01SUSAN THURLOW2017-03-06 SUSAN THURLOW2017-03-06
0022015-01-01SUSAN THURLOW2016-03-08 SUSAN THURLOW2016-03-08
0022014-01-01SUSAN THURLOW2015-02-24 SUSAN THURLOW2015-02-24
0022013-01-01SUSAN THURLOW2014-03-10
0022012-01-01SUSAN THURLOW2013-02-27
0022011-01-01MARY PINKHAM2012-05-21
0022010-01-01MARY PINKHAM2011-05-17

Financial Data on BLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST

Measure Date Value
2022 : BLUE CROSS BLUE SHIELD OF MAINE EMPLOYEES FEDERAL CREDIT UNION RETIREMENT SAVINGS PLAN & TRUST 2022 401k financial data
Total transfers to/from plan in this plan year2022-03-070
Total liabilities as of the end of the plan year2022-03-070
Total liabilities as of the beginning of the plan year2022-03-070
Total expenses incurred by plan in this plan year2022-03-0749995
Net assets as of the end of the plan year2022-03-070
Total assets as of the beginning of the plan year2022-03-0753048
Value of plan covered by a fidelity bond2022-03-07500000
Participant contributions to plan in this plan year2022-03-07227
Other expenses paid from plan in this plan year2022-03-070
Other contributions to plan in this plan year2022-03-070
Other income to plan in this plan year2022-03-07-3374
Plan net income in this plan year2022-03-07-53048
Net assets as of the end of the plan year2022-03-070
Net assets as of the beginning of the plan year2022-03-0753048
Employer contributions to plan in this plan year2022-03-0794
Expensese paid to adminstrative service provicers from plan in this plan year2022-03-07170
Total liabilities as of the end of the plan year2022-02-080
Total liabilities as of the beginning of the plan year2022-02-080
Total expenses incurred by plan in this plan year2022-02-080
Net assets as of the end of the plan year2022-02-0853048
Total assets as of the beginning of the plan year2022-02-0843837
Value of plan covered by a fidelity bond2022-02-08500000
Participant contributions to plan in this plan year2022-02-082517
Value of participant loans at end of plan year2022-02-08256
Other expenses paid from plan in this plan year2022-02-080
Other contributions to plan in this plan year2022-02-080
Other income to plan in this plan year2022-02-085652
Plan net income in this plan year2022-02-089211
Net assets as of the end of the plan year2022-02-0853048
Net assets as of the beginning of the plan year2022-02-0843837
Employer contributions to plan in this plan year2022-02-081042
Expensese paid to adminstrative service provicers from plan in this plan year2022-02-080

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