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FIRST PRIORITY CREDIT UNION 401(K) PLAN 401k Plan overview

Plan NameFIRST PRIORITY CREDIT UNION 401(K) PLAN
Plan identification number 001

FIRST PRIORITY CREDIT UNION 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
  • 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.
  • 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.

401k Sponsoring company profile

FIRST PRIORITY CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:FIRST PRIORITY CREDIT UNION
Employer identification number (EIN):041106850
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST PRIORITY CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MOLLY ROARK2024-10-03 MOLLY ROARK2024-10-03
0012022-01-01MICHAEL WILBERTON2023-06-16 MICHAEL WILBERTON2023-06-16
0012021-01-01JULIE PERHAM2022-08-03 JULIE PERHAM2022-08-03
0012020-01-01TOMMY LUU2021-06-22
0012019-01-01DEBBIE MISIANO2020-06-15
0012018-01-01ROBERT BARTOL2019-05-01
0012017-01-01ROBERT BARTOL2018-09-25
0012016-01-01ROBERT BARTOL2017-07-21
0012015-01-01ROBERT BARTOL2016-06-24
0012014-01-01ROBERT BARTOL2015-08-05
0012013-01-01ROBERT BARTOL2014-08-19
0012012-01-01ROBERT BARTOL2013-09-25
0012011-01-01ROBERT BARTOL2012-07-18 ROBERT BARTOL2012-07-18
0012010-01-01ROBERT BARTOL ROBERT BARTOL2011-07-08
0012009-01-01ROBERT BARTOL ROBERT BARTOL2010-07-19

Financial Data on FIRST PRIORITY CREDIT UNION 401(K) PLAN

Measure Date Value
2025 : FIRST PRIORITY CREDIT UNION 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-17166643
Net assets as of the end of the plan year2025-06-174288323
Total assets as of the beginning of the plan year2025-06-173874693
Value of plan covered by a fidelity bond2025-06-174000000
Participant contributions to plan in this plan year2025-06-1789790
Value of participant loans at end of plan year2025-06-172553
Other income to plan in this plan year2025-06-17428896
Plan net income in this plan year2025-06-17413630
Net assets as of the end of the plan year2025-06-174288323
Net assets as of the beginning of the plan year2025-06-173874693
Employer contributions to plan in this plan year2025-06-1761587
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-1710205
2024 : FIRST PRIORITY CREDIT UNION 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-031016534
Net assets as of the end of the plan year2024-10-033874693
Total assets as of the beginning of the plan year2024-10-034100166
Value of plan covered by a fidelity bond2024-10-034000000
Participant contributions to plan in this plan year2024-10-0385856
Value of participant loans at end of plan year2024-10-0317547
Other contributions to plan in this plan year2024-10-03101177
Other income to plan in this plan year2024-10-03561756
Plan net income in this plan year2024-10-03-225473
Net assets as of the end of the plan year2024-10-033874693
Net assets as of the beginning of the plan year2024-10-034100166
Employer contributions to plan in this plan year2024-10-0342272
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-039550
2010 : FIRST PRIORITY CREDIT UNION 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$340,131
Expenses. Total of all expenses incurred2010-12-31$71,241
Benefits paid (including direct rollovers)2010-12-31$61,793
Total plan assets at end of year2010-12-31$2,193,648
Total plan assets at beginning of year2010-12-31$1,924,758
Value of fidelity bond covering the plan2010-12-31$1,500,000
Total contributions received or receivable from participants2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$2,059
Other income received2010-12-31$130,521
Net income (gross income less expenses)2010-12-31$268,890
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,193,648
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,924,758
Total contributions received or receivable from employer(s)2010-12-31$207,551
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$9,448
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$207,550
Amount contributed by the employer to the plan for this plan year2010-12-31$207,550
2009 : FIRST PRIORITY CREDIT UNION 401(K) 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
Funding deficiency by the employer to the plan for this plan year2009-12-31$0
Minimum employer required contribution for this plan year2009-12-31$204,538
Amount contributed by the employer to the plan for this plan year2009-12-31$204,538

Form 5500 Responses for FIRST PRIORITY CREDIT UNION 401(K) PLAN

2010: FIRST PRIORITY CREDIT UNION 401(K) 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: FIRST PRIORITY CREDIT UNION 401(K) 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

Potentially related plans

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