401k Plan data: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP plan

FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 401k Plan overview

Plan Name	FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP
Plan identification number	002

FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus 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. Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION

Employer identification number (EIN): 110754225

NAIC Classification: 522120
NAIC Description: Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2011-01-01 DONNA M. BUENCAMINO
002 2009-01-01 DONNA BUENCAMINO DONNA BUENCAMINO 2010-09-08

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2011-01-01	DONNA M. BUENCAMINO
002	2009-01-01	DONNA BUENCAMINO		DONNA BUENCAMINO	2010-09-08

Plan Statistics for FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP

401k plan membership statisitcs for FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP

Measure Date Value
2011: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2011 401k membership
Total participants, beginning-of-year 2011-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 33
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 1
Total of all active and inactive participants 2011-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 34
Number of participants with account balances 2011-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 1
2009: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2009 401k membership
Total participants, beginning-of-year 2009-01-01 33
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 31
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 1
Total of all active and inactive participants 2009-01-01 32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 32
Number of participants with account balances 2009-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2011: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2011 401k membership
Total participants, beginning-of-year	2011-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	33
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	1
Total of all active and inactive participants	2011-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	34
Number of participants with account balances	2011-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	1
2009: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2009 401k membership
Total participants, beginning-of-year	2009-01-01	33
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	31
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	1
Total of all active and inactive participants	2009-01-01	32
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	32
Number of participants with account balances	2009-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP

Measure	Date	Value
2011 : FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$494,736
Total plan liabilities at beginning of year	2011-12-31	$523,959
Total income from all sources	2011-12-31	$-219,261
Expenses. Total of all expenses incurred	2011-12-31	$28,222
Total plan assets at end of year	2011-12-31	$305,838
Total plan assets at beginning of year	2011-12-31	$582,544
Value of fidelity bond covering the plan	2011-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$28,222
Other income received	2011-12-31	$-276,706
Net income (gross income less expenses)	2011-12-31	$-247,483
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$-188,898
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$58,585
Assets. Value of employer securities	2011-12-31	$305,834
Total contributions received or receivable from employer(s)	2011-12-31	$57,445
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$523,959
Total plan liabilities at beginning of year	2010-12-31	$551,628
Total income from all sources	2010-12-31	$251,625
Expenses. Total of all expenses incurred	2010-12-31	$30,378
Benefits paid (including direct rollovers)	2010-12-31	$602
Total plan assets at end of year	2010-12-31	$582,544
Total plan assets at beginning of year	2010-12-31	$388,966
Value of fidelity bond covering the plan	2010-12-31	$3,000,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$29,776
Other income received	2010-12-31	$194,180
Net income (gross income less expenses)	2010-12-31	$221,247
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$58,585
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$-162,662
Assets. Value of employer securities	2010-12-31	$582,540
Total contributions received or receivable from employer(s)	2010-12-31	$57,445
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP

2011: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION ESOP 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FLATBUSH FEDERAL SAVINGS & LOAN ASSOCIATION
Employer identification number (EIN):	110754225
NAIC Classification:	522120
NAIC Description:	Savings Institutions