401k Plan data: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST plan

PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number	001

PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

PATRIOT FEDERAL BANK has sponsored the creation of one or more 401k plans.

Company Name: PATRIOT FEDERAL BANK

Employer identification number (EIN): 203842878

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01
001 2017-01-01 RICHARD MILLER
001 2016-01-01 RICHARD MILLER
001 2015-01-01 RICHARD MILLER
001 2014-01-01 RICHARD MILLER 2015-05-28
001 2013-01-01 RICHARD MILLER 2014-05-22
001 2012-01-01 PATRIOT FEDERAL BANK 2013-05-22
001 2011-01-01 PATRIOT FEDERAL BANK 2012-07-31
001 2010-01-01 PATRIOT FEDERAL BANK 2011-04-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2018-01-01
001	2017-01-01	RICHARD MILLER
001	2016-01-01	RICHARD MILLER
001	2015-01-01	RICHARD MILLER
001	2014-01-01	RICHARD MILLER	2015-05-28
001	2013-01-01	RICHARD MILLER	2014-05-22
001	2012-01-01	PATRIOT FEDERAL BANK	2013-05-22
001	2011-01-01	PATRIOT FEDERAL BANK	2012-07-31
001	2010-01-01	PATRIOT FEDERAL BANK	2011-04-27

Plan Statistics for PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2018: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year 2018-01-01 36
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Number of participants with account balances 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year 2017-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 29
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 7
Total of all active and inactive participants 2017-01-01 36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 36
Number of participants with account balances 2017-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 2
2016: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 34
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 31
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 34
Number of participants with account balances 2016-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 31
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 31
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 3
Total of all active and inactive participants 2015-01-01 34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 34
Number of participants with account balances 2015-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2018: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year	2018-01-01	36
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Number of participants with account balances	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year	2017-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	29
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	7
Total of all active and inactive participants	2017-01-01	36
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	36
Number of participants with account balances	2017-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	2
2016: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	34
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	31
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	34
Number of participants with account balances	2016-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	31
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	31
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	3
Total of all active and inactive participants	2015-01-01	34
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	34
Number of participants with account balances	2015-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2018 : PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data
Transfers to/from the plan	2018-03-12	$-1,125,128
Total income from all sources	2018-03-12	$8,989
Expenses. Total of all expenses incurred	2018-03-12	$52,097
Benefits paid (including direct rollovers)	2018-03-12	$52,097
Total plan assets at end of year	2018-03-12	$0
Total plan assets at beginning of year	2018-03-12	$1,168,236
Value of fidelity bond covering the plan	2018-03-12	$400,000
Other income received	2018-03-12	$8,989
Net income (gross income less expenses)	2018-03-12	$-43,108
Net plan assets at end of year (total assets less liabilities)	2018-03-12	$0
Net plan assets at beginning of year (total assets less liabilities)	2018-03-12	$1,168,236
Assets. Value of participant loans	2018-03-12	$0
2017 : PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$294,732
Expenses. Total of all expenses incurred	2017-12-31	$107,145
Benefits paid (including direct rollovers)	2017-12-31	$104,405
Total plan assets at end of year	2017-12-31	$1,168,236
Total plan assets at beginning of year	2017-12-31	$980,649
Value of fidelity bond covering the plan	2017-12-31	$400,000
Total contributions received or receivable from participants	2017-12-31	$103,108
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$155,770
Net income (gross income less expenses)	2017-12-31	$187,587
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,168,236
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$980,649
Assets. Value of participant loans	2017-12-31	$40,051
Total contributions received or receivable from employer(s)	2017-12-31	$35,854
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$2,290
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$450
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2017-12-31	$0
Minimum employer required contribution for this plan year	2017-12-31	$0
Amount contributed by the employer to the plan for this plan year	2017-12-31	$0
2016 : PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$192,425
Expenses. Total of all expenses incurred	2016-12-31	$22,251
Benefits paid (including direct rollovers)	2016-12-31	$16,295
Total plan assets at end of year	2016-12-31	$980,649
Total plan assets at beginning of year	2016-12-31	$810,475
Value of fidelity bond covering the plan	2016-12-31	$400,000
Total contributions received or receivable from participants	2016-12-31	$100,728
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$54,422
Net income (gross income less expenses)	2016-12-31	$170,174
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$980,649
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$810,475
Assets. Value of participant loans	2016-12-31	$38,251
Total contributions received or receivable from employer(s)	2016-12-31	$37,275
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$5,816
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$140
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2016-12-31	$0
Minimum employer required contribution for this plan year	2016-12-31	$0
Amount contributed by the employer to the plan for this plan year	2016-12-31	$0
2015 : PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$153,880
Expenses. Total of all expenses incurred	2015-12-31	$0
Benefits paid (including direct rollovers)	2015-12-31	$0
Total plan assets at end of year	2015-12-31	$810,475
Total plan assets at beginning of year	2015-12-31	$656,595
Value of fidelity bond covering the plan	2015-12-31	$400,000
Total contributions received or receivable from participants	2015-12-31	$106,191
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$9,300
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$153,880
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$810,475
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$656,595
Assets. Value of participant loans	2015-12-31	$23,098
Total contributions received or receivable from employer(s)	2015-12-31	$38,389
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0

Form 5500 Responses for PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST

2018: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PATRIOT FEDERAL BANK 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PATRIOT FEDERAL BANK
Employer identification number (EIN):	203842878
NAIC Classification:	522130
NAIC Description:	Credit Unions