401k Plan data: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST plan

SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 401k Plan overview

Plan Name	SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
Plan identification number	001

SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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

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

Company Name: SUPERIOR CREDIT UNION

Employer identification number (EIN): 231514461

NAIC Classification: 522130
NAIC Description: Credit Unions

Additional information about SUPERIOR CREDIT UNION

Jurisdiction of Incorporation: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE

Incorporation Date:

Company Identification Number: 348800

More information about SUPERIOR CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-06-01 KIMBERLY MILLER 2024-03-06
001 2022-01-01 KIMBERLY MILLER 2023-08-10
001 2021-06-01 KIMBERLY MILLER 2023-03-15
001 2021-01-01 KIMBERLY MILLER 2022-05-27
001 2020-06-01 KIMBERLY MILLER 2022-03-08
001 2020-01-01 KIMBERLY MILLER 2021-08-13
001 2019-06-01 RAYMOND HEBDEN 2020-12-08
001 2018-06-01 RAYMOND HEBDEN 2019-10-16
001 2018-01-01 KIMBERLY MILLER 2019-05-20
001 2017-06-01 RAYMOND HEBDEN 2018-12-14
001 2017-01-01 KIMBERLY MILLER 2018-03-06
001 2016-06-01 RAYMOND HEBDEN 2018-02-15
001 2015-06-01 MATTHEW JONES 2016-11-23
001 2014-06-01 MATTHEW JONES 2015-10-17
001 2013-06-01 MATTHEW JONES 2015-01-23
001 2012-06-01 MATTHEW JONES 2014-01-20
001 2011-06-01 MATTHEW O. JONES 2013-03-15
001 2010-06-01 MATTHEW JONES 2011-12-16

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-06-01	KIMBERLY MILLER	2024-03-06
001	2022-01-01	KIMBERLY MILLER	2023-08-10
001	2021-06-01	KIMBERLY MILLER	2023-03-15
001	2021-01-01	KIMBERLY MILLER	2022-05-27
001	2020-06-01	KIMBERLY MILLER	2022-03-08
001	2020-01-01	KIMBERLY MILLER	2021-08-13
001	2019-06-01	RAYMOND HEBDEN	2020-12-08
001	2018-06-01	RAYMOND HEBDEN	2019-10-16
001	2018-01-01	KIMBERLY MILLER	2019-05-20
001	2017-06-01	RAYMOND HEBDEN	2018-12-14
001	2017-01-01	KIMBERLY MILLER	2018-03-06
001	2016-06-01	RAYMOND HEBDEN	2018-02-15
001	2015-06-01	MATTHEW JONES	2016-11-23
001	2014-06-01	MATTHEW JONES	2015-10-17
001	2013-06-01	MATTHEW JONES	2015-01-23
001	2012-06-01	MATTHEW JONES	2014-01-20
001	2011-06-01	MATTHEW O. JONES	2013-03-15
001	2010-06-01	MATTHEW JONES	2011-12-16

Plan Statistics for SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

401k plan membership statisitcs for SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Measure Date Value
2023: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2023 401k membership
Market value of plan assets 2023-05-31 482,648
Acturial value of plan assets 2023-05-31 482,648
Funding target for retired participants and beneficiaries receiving payment 2023-05-31 147,403
Number of terminated vested participants 2023-05-31 2
Fundng target for terminated vested participants 2023-05-31 62,088
Active participant vested funding target 2023-05-31 330,489
Number of active participants 2023-05-31 8
Total funding liabilities for active participants 2023-05-31 330,489
Total participant count 2023-05-31 11
Total funding target for all participants 2023-05-31 539,980
Balance at beginning of prior year after applicable adjustments 2023-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2023-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2023-05-31 0
Prefunding balanced used to offset prior years funding requirement 2023-05-31 0
Amount remaining of carryover balance 2023-05-31 0
Amount remaining of prefunding balance 2023-05-31 0
Present value of excess contributions 2023-05-31 13,069
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2023-05-31 13,792
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2023-05-31 0
Reductions in caryover balances due to elections or deemed elections 2023-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2023-05-31 0
Balance of carryovers at beginning of current year 2023-05-31 0
Balance of prefunding at beginning of current year 2023-05-31 0
Total employer contributions 2023-05-31 10,650
Total employee contributions 2023-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2023-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2023-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2023-05-31 10,108
Unpaid minimum required contributions for all prior years 2023-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2023-05-31 0
Remaining amount of unpaid minimum required contributions 2023-05-31 0
Minimum required contributions for current year target normal cost 2023-05-31 4,807
Net shortfall amortization installment of oustanding balance 2023-05-31 0
Waiver amortization installment 2023-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2023-05-31 10,105
Carryover balance elected to use to offset funding requirement 2023-05-31 0
Prefunding balance elected to use to offset funding requirement 2023-05-31 0
Additional cash requirement 2023-05-31 10,105
Contributions allocatedtoward minimum required contributions for current year 2023-05-31 10,108
Unpaid minimum required contributions for current year 2023-05-31 0
Unpaid minimum required contributions for all years 2023-05-31 0
2022: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets 2022-05-31 592,762
Acturial value of plan assets 2022-05-31 592,762
Funding target for retired participants and beneficiaries receiving payment 2022-05-31 155,078
Number of terminated vested participants 2022-05-31 2
Fundng target for terminated vested participants 2022-05-31 56,738
Active participant vested funding target 2022-05-31 301,709
Number of active participants 2022-05-31 10
Total funding liabilities for active participants 2022-05-31 301,709
Total participant count 2022-05-31 13
Total funding target for all participants 2022-05-31 513,525
Balance at beginning of prior year after applicable adjustments 2022-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-05-31 0
Prefunding balanced used to offset prior years funding requirement 2022-05-31 0
Amount remaining of carryover balance 2022-05-31 0
Amount remaining of prefunding balance 2022-05-31 0
Present value of excess contributions 2022-05-31 2,688
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-05-31 2,829
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-05-31 0
Reductions in caryover balances due to elections or deemed elections 2022-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-05-31 0
Balance of carryovers at beginning of current year 2022-05-31 0
Balance of prefunding at beginning of current year 2022-05-31 0
Total employer contributions 2022-05-31 13,224
Total employee contributions 2022-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-05-31 13,069
Unpaid minimum required contributions for all prior years 2022-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-05-31 0
Remaining amount of unpaid minimum required contributions 2022-05-31 0
Minimum required contributions for current year target normal cost 2022-05-31 4,331
Net shortfall amortization installment of oustanding balance 2022-05-31 0
Waiver amortization installment 2022-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-05-31 0
Carryover balance elected to use to offset funding requirement 2022-05-31 0
Prefunding balance elected to use to offset funding requirement 2022-05-31 0
Additional cash requirement 2022-05-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-05-31 13,069
Unpaid minimum required contributions for current year 2022-05-31 0
Unpaid minimum required contributions for all years 2022-05-31 0
2021: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets 2021-05-31 474,302
Acturial value of plan assets 2021-05-31 474,302
Funding target for retired participants and beneficiaries receiving payment 2021-05-31 166,599
Number of terminated vested participants 2021-05-31 2
Fundng target for terminated vested participants 2021-05-31 55,222
Active participant vested funding target 2021-05-31 296,407
Number of active participants 2021-05-31 10
Total funding liabilities for active participants 2021-05-31 299,130
Total participant count 2021-05-31 13
Total funding target for all participants 2021-05-31 520,951
Balance at beginning of prior year after applicable adjustments 2021-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-05-31 0
Prefunding balanced used to offset prior years funding requirement 2021-05-31 0
Amount remaining of carryover balance 2021-05-31 0
Amount remaining of prefunding balance 2021-05-31 0
Present value of excess contributions 2021-05-31 36
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-05-31 38
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-05-31 0
Reductions in caryover balances due to elections or deemed elections 2021-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-05-31 0
Balance of carryovers at beginning of current year 2021-05-31 0
Balance of prefunding at beginning of current year 2021-05-31 0
Total employer contributions 2021-05-31 16,084
Total employee contributions 2021-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-05-31 15,909
Unpaid minimum required contributions for all prior years 2021-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-05-31 0
Remaining amount of unpaid minimum required contributions 2021-05-31 0
Minimum required contributions for current year target normal cost 2021-05-31 4,439
Net shortfall amortization installment of oustanding balance 2021-05-31 46,649
Waiver amortization installment 2021-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-05-31 13,221
Carryover balance elected to use to offset funding requirement 2021-05-31 0
Prefunding balance elected to use to offset funding requirement 2021-05-31 0
Additional cash requirement 2021-05-31 13,221
Contributions allocatedtoward minimum required contributions for current year 2021-05-31 15,909
Unpaid minimum required contributions for current year 2021-05-31 0
Unpaid minimum required contributions for all years 2021-05-31 0
2020: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets 2020-05-31 952,156
Acturial value of plan assets 2020-05-31 952,156
Funding target for retired participants and beneficiaries receiving payment 2020-05-31 173,102
Number of terminated vested participants 2020-05-31 4
Fundng target for terminated vested participants 2020-05-31 570,953
Active participant vested funding target 2020-05-31 266,614
Number of active participants 2020-05-31 9
Total funding liabilities for active participants 2020-05-31 271,297
Total participant count 2020-05-31 14
Total funding target for all participants 2020-05-31 1,015,352
Balance at beginning of prior year after applicable adjustments 2020-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-05-31 0
Prefunding balanced used to offset prior years funding requirement 2020-05-31 0
Amount remaining of carryover balance 2020-05-31 0
Amount remaining of prefunding balance 2020-05-31 0
Present value of excess contributions 2020-05-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-05-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-05-31 0
Reductions in caryover balances due to elections or deemed elections 2020-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-05-31 0
Balance of carryovers at beginning of current year 2020-05-31 0
Balance of prefunding at beginning of current year 2020-05-31 0
Total employer contributions 2020-05-31 16,950
Total employee contributions 2020-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-05-31 16,120
Unpaid minimum required contributions for all prior years 2020-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-05-31 0
Remaining amount of unpaid minimum required contributions 2020-05-31 0
Minimum required contributions for current year target normal cost 2020-05-31 5,815
Net shortfall amortization installment of oustanding balance 2020-05-31 63,196
Waiver amortization installment 2020-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-05-31 16,084
Carryover balance elected to use to offset funding requirement 2020-05-31 0
Prefunding balance elected to use to offset funding requirement 2020-05-31 0
Additional cash requirement 2020-05-31 16,084
Contributions allocatedtoward minimum required contributions for current year 2020-05-31 16,120
Unpaid minimum required contributions for current year 2020-05-31 0
Unpaid minimum required contributions for all years 2020-05-31 0
2019: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets 2019-05-31 979,052
Acturial value of plan assets 2019-05-31 979,052
Funding target for retired participants and beneficiaries receiving payment 2019-05-31 173,386
Number of terminated vested participants 2019-05-31 1
Fundng target for terminated vested participants 2019-05-31 9,655
Active participant vested funding target 2019-05-31 603,961
Number of active participants 2019-05-31 12
Total funding liabilities for active participants 2019-05-31 627,032
Total participant count 2019-05-31 14
Total funding target for all participants 2019-05-31 810,073
Balance at beginning of prior year after applicable adjustments 2019-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-05-31 0
Prefunding balanced used to offset prior years funding requirement 2019-05-31 0
Amount remaining of carryover balance 2019-05-31 0
Amount remaining of prefunding balance 2019-05-31 0
Present value of excess contributions 2019-05-31 196,121
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-05-31 207,143
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-05-31 0
Reductions in caryover balances due to elections or deemed elections 2019-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-05-31 0
Balance of carryovers at beginning of current year 2019-05-31 0
Balance of prefunding at beginning of current year 2019-05-31 0
Total employer contributions 2019-05-31 0
Total employee contributions 2019-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-05-31 0
Unpaid minimum required contributions for all prior years 2019-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-05-31 0
Remaining amount of unpaid minimum required contributions 2019-05-31 0
Minimum required contributions for current year target normal cost 2019-05-31 67,654
Net shortfall amortization installment of oustanding balance 2019-05-31 0
Waiver amortization installment 2019-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-05-31 0
Carryover balance elected to use to offset funding requirement 2019-05-31 0
Prefunding balance elected to use to offset funding requirement 2019-05-31 0
Additional cash requirement 2019-05-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-05-31 0
Unpaid minimum required contributions for current year 2019-05-31 0
Unpaid minimum required contributions for all years 2019-05-31 0
2018: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets 2018-05-31 1,199,167
Acturial value of plan assets 2018-05-31 1,199,167
Funding target for retired participants and beneficiaries receiving payment 2018-05-31 178,028
Number of terminated vested participants 2018-05-31 2
Fundng target for terminated vested participants 2018-05-31 416,992
Active participant vested funding target 2018-05-31 484,574
Number of active participants 2018-05-31 13
Total funding liabilities for active participants 2018-05-31 507,895
Total participant count 2018-05-31 16
Total funding target for all participants 2018-05-31 1,102,915
Balance at beginning of prior year after applicable adjustments 2018-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-05-31 0
Prefunding balanced used to offset prior years funding requirement 2018-05-31 0
Amount remaining of carryover balance 2018-05-31 0
Amount remaining of prefunding balance 2018-05-31 0
Present value of excess contributions 2018-05-31 22,027
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-05-31 23,313
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-05-31 0
Reductions in caryover balances due to elections or deemed elections 2018-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-05-31 0
Balance of carryovers at beginning of current year 2018-05-31 0
Balance of prefunding at beginning of current year 2018-05-31 0
Total employer contributions 2018-05-31 203,270
Total employee contributions 2018-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-05-31 196,121
Unpaid minimum required contributions for all prior years 2018-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-05-31 0
Remaining amount of unpaid minimum required contributions 2018-05-31 0
Minimum required contributions for current year target normal cost 2018-05-31 55,348
Net shortfall amortization installment of oustanding balance 2018-05-31 0
Waiver amortization installment 2018-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-05-31 0
Carryover balance elected to use to offset funding requirement 2018-05-31 0
Prefunding balance elected to use to offset funding requirement 2018-05-31 0
Additional cash requirement 2018-05-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-05-31 196,121
Unpaid minimum required contributions for current year 2018-05-31 0
Unpaid minimum required contributions for all years 2018-05-31 0
2017: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets 2017-05-31 1,183,637
Acturial value of plan assets 2017-05-31 1,183,637
Funding target for retired participants and beneficiaries receiving payment 2017-05-31 209,846
Number of terminated vested participants 2017-05-31 1
Fundng target for terminated vested participants 2017-05-31 7,711
Active participant vested funding target 2017-05-31 665,280
Number of active participants 2017-05-31 15
Total funding liabilities for active participants 2017-05-31 686,234
Total participant count 2017-05-31 17
Total funding target for all participants 2017-05-31 903,791
Balance at beginning of prior year after applicable adjustments 2017-05-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-05-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-05-31 0
Prefunding balanced used to offset prior years funding requirement 2017-05-31 0
Amount remaining of carryover balance 2017-05-31 0
Amount remaining of prefunding balance 2017-05-31 0
Present value of excess contributions 2017-05-31 320,173
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-05-31 339,415
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-05-31 0
Reductions in caryover balances due to elections or deemed elections 2017-05-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-05-31 0
Balance of carryovers at beginning of current year 2017-05-31 0
Balance of prefunding at beginning of current year 2017-05-31 0
Total employer contributions 2017-05-31 22,755
Total employee contributions 2017-05-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-05-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-05-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-05-31 22,027
Unpaid minimum required contributions for all prior years 2017-05-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-05-31 0
Remaining amount of unpaid minimum required contributions 2017-05-31 0
Minimum required contributions for current year target normal cost 2017-05-31 103,461
Net shortfall amortization installment of oustanding balance 2017-05-31 0
Waiver amortization installment 2017-05-31 0
Waived amount of outstanding balance 2017-05-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-05-31 0
Carryover balance elected to use to offset funding requirement 2017-05-31 0
Prefunding balance elected to use to offset funding requirement 2017-05-31 0
Additional cash requirement 2017-05-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-05-31 22,027
Unpaid minimum required contributions for current year 2017-05-31 0
Unpaid minimum required contributions for all years 2017-05-31 0

Measure	Date	Value
2023: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2023 401k membership
Market value of plan assets	2023-05-31	482,648
Acturial value of plan assets	2023-05-31	482,648
Funding target for retired participants and beneficiaries receiving payment	2023-05-31	147,403
Number of terminated vested participants	2023-05-31	2
Fundng target for terminated vested participants	2023-05-31	62,088
Active participant vested funding target	2023-05-31	330,489
Number of active participants	2023-05-31	8
Total funding liabilities for active participants	2023-05-31	330,489
Total participant count	2023-05-31	11
Total funding target for all participants	2023-05-31	539,980
Balance at beginning of prior year after applicable adjustments	2023-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2023-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2023-05-31	0
Prefunding balanced used to offset prior years funding requirement	2023-05-31	0
Amount remaining of carryover balance	2023-05-31	0
Amount remaining of prefunding balance	2023-05-31	0
Present value of excess contributions	2023-05-31	13,069
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2023-05-31	13,792
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2023-05-31	0
Reductions in caryover balances due to elections or deemed elections	2023-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2023-05-31	0
Balance of carryovers at beginning of current year	2023-05-31	0
Balance of prefunding at beginning of current year	2023-05-31	0
Total employer contributions	2023-05-31	10,650
Total employee contributions	2023-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2023-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2023-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2023-05-31	10,108
Unpaid minimum required contributions for all prior years	2023-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2023-05-31	0
Remaining amount of unpaid minimum required contributions	2023-05-31	0
Minimum required contributions for current year target normal cost	2023-05-31	4,807
Net shortfall amortization installment of oustanding balance	2023-05-31	0
Waiver amortization installment	2023-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2023-05-31	10,105
Carryover balance elected to use to offset funding requirement	2023-05-31	0
Prefunding balance elected to use to offset funding requirement	2023-05-31	0
Additional cash requirement	2023-05-31	10,105
Contributions allocatedtoward minimum required contributions for current year	2023-05-31	10,108
Unpaid minimum required contributions for current year	2023-05-31	0
Unpaid minimum required contributions for all years	2023-05-31	0
2022: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets	2022-05-31	592,762
Acturial value of plan assets	2022-05-31	592,762
Funding target for retired participants and beneficiaries receiving payment	2022-05-31	155,078
Number of terminated vested participants	2022-05-31	2
Fundng target for terminated vested participants	2022-05-31	56,738
Active participant vested funding target	2022-05-31	301,709
Number of active participants	2022-05-31	10
Total funding liabilities for active participants	2022-05-31	301,709
Total participant count	2022-05-31	13
Total funding target for all participants	2022-05-31	513,525
Balance at beginning of prior year after applicable adjustments	2022-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-05-31	0
Prefunding balanced used to offset prior years funding requirement	2022-05-31	0
Amount remaining of carryover balance	2022-05-31	0
Amount remaining of prefunding balance	2022-05-31	0
Present value of excess contributions	2022-05-31	2,688
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-05-31	2,829
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-05-31	0
Reductions in caryover balances due to elections or deemed elections	2022-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-05-31	0
Balance of carryovers at beginning of current year	2022-05-31	0
Balance of prefunding at beginning of current year	2022-05-31	0
Total employer contributions	2022-05-31	13,224
Total employee contributions	2022-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-05-31	13,069
Unpaid minimum required contributions for all prior years	2022-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-05-31	0
Remaining amount of unpaid minimum required contributions	2022-05-31	0
Minimum required contributions for current year target normal cost	2022-05-31	4,331
Net shortfall amortization installment of oustanding balance	2022-05-31	0
Waiver amortization installment	2022-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-05-31	0
Carryover balance elected to use to offset funding requirement	2022-05-31	0
Prefunding balance elected to use to offset funding requirement	2022-05-31	0
Additional cash requirement	2022-05-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-05-31	13,069
Unpaid minimum required contributions for current year	2022-05-31	0
Unpaid minimum required contributions for all years	2022-05-31	0
2021: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets	2021-05-31	474,302
Acturial value of plan assets	2021-05-31	474,302
Funding target for retired participants and beneficiaries receiving payment	2021-05-31	166,599
Number of terminated vested participants	2021-05-31	2
Fundng target for terminated vested participants	2021-05-31	55,222
Active participant vested funding target	2021-05-31	296,407
Number of active participants	2021-05-31	10
Total funding liabilities for active participants	2021-05-31	299,130
Total participant count	2021-05-31	13
Total funding target for all participants	2021-05-31	520,951
Balance at beginning of prior year after applicable adjustments	2021-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-05-31	0
Prefunding balanced used to offset prior years funding requirement	2021-05-31	0
Amount remaining of carryover balance	2021-05-31	0
Amount remaining of prefunding balance	2021-05-31	0
Present value of excess contributions	2021-05-31	36
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-05-31	38
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-05-31	0
Reductions in caryover balances due to elections or deemed elections	2021-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-05-31	0
Balance of carryovers at beginning of current year	2021-05-31	0
Balance of prefunding at beginning of current year	2021-05-31	0
Total employer contributions	2021-05-31	16,084
Total employee contributions	2021-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-05-31	15,909
Unpaid minimum required contributions for all prior years	2021-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-05-31	0
Remaining amount of unpaid minimum required contributions	2021-05-31	0
Minimum required contributions for current year target normal cost	2021-05-31	4,439
Net shortfall amortization installment of oustanding balance	2021-05-31	46,649
Waiver amortization installment	2021-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-05-31	13,221
Carryover balance elected to use to offset funding requirement	2021-05-31	0
Prefunding balance elected to use to offset funding requirement	2021-05-31	0
Additional cash requirement	2021-05-31	13,221
Contributions allocatedtoward minimum required contributions for current year	2021-05-31	15,909
Unpaid minimum required contributions for current year	2021-05-31	0
Unpaid minimum required contributions for all years	2021-05-31	0
2020: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets	2020-05-31	952,156
Acturial value of plan assets	2020-05-31	952,156
Funding target for retired participants and beneficiaries receiving payment	2020-05-31	173,102
Number of terminated vested participants	2020-05-31	4
Fundng target for terminated vested participants	2020-05-31	570,953
Active participant vested funding target	2020-05-31	266,614
Number of active participants	2020-05-31	9
Total funding liabilities for active participants	2020-05-31	271,297
Total participant count	2020-05-31	14
Total funding target for all participants	2020-05-31	1,015,352
Balance at beginning of prior year after applicable adjustments	2020-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-05-31	0
Prefunding balanced used to offset prior years funding requirement	2020-05-31	0
Amount remaining of carryover balance	2020-05-31	0
Amount remaining of prefunding balance	2020-05-31	0
Present value of excess contributions	2020-05-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-05-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-05-31	0
Reductions in caryover balances due to elections or deemed elections	2020-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-05-31	0
Balance of carryovers at beginning of current year	2020-05-31	0
Balance of prefunding at beginning of current year	2020-05-31	0
Total employer contributions	2020-05-31	16,950
Total employee contributions	2020-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-05-31	16,120
Unpaid minimum required contributions for all prior years	2020-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-05-31	0
Remaining amount of unpaid minimum required contributions	2020-05-31	0
Minimum required contributions for current year target normal cost	2020-05-31	5,815
Net shortfall amortization installment of oustanding balance	2020-05-31	63,196
Waiver amortization installment	2020-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-05-31	16,084
Carryover balance elected to use to offset funding requirement	2020-05-31	0
Prefunding balance elected to use to offset funding requirement	2020-05-31	0
Additional cash requirement	2020-05-31	16,084
Contributions allocatedtoward minimum required contributions for current year	2020-05-31	16,120
Unpaid minimum required contributions for current year	2020-05-31	0
Unpaid minimum required contributions for all years	2020-05-31	0
2019: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets	2019-05-31	979,052
Acturial value of plan assets	2019-05-31	979,052
Funding target for retired participants and beneficiaries receiving payment	2019-05-31	173,386
Number of terminated vested participants	2019-05-31	1
Fundng target for terminated vested participants	2019-05-31	9,655
Active participant vested funding target	2019-05-31	603,961
Number of active participants	2019-05-31	12
Total funding liabilities for active participants	2019-05-31	627,032
Total participant count	2019-05-31	14
Total funding target for all participants	2019-05-31	810,073
Balance at beginning of prior year after applicable adjustments	2019-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-05-31	0
Prefunding balanced used to offset prior years funding requirement	2019-05-31	0
Amount remaining of carryover balance	2019-05-31	0
Amount remaining of prefunding balance	2019-05-31	0
Present value of excess contributions	2019-05-31	196,121
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-05-31	207,143
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-05-31	0
Reductions in caryover balances due to elections or deemed elections	2019-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-05-31	0
Balance of carryovers at beginning of current year	2019-05-31	0
Balance of prefunding at beginning of current year	2019-05-31	0
Total employer contributions	2019-05-31	0
Total employee contributions	2019-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-05-31	0
Unpaid minimum required contributions for all prior years	2019-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-05-31	0
Remaining amount of unpaid minimum required contributions	2019-05-31	0
Minimum required contributions for current year target normal cost	2019-05-31	67,654
Net shortfall amortization installment of oustanding balance	2019-05-31	0
Waiver amortization installment	2019-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-05-31	0
Carryover balance elected to use to offset funding requirement	2019-05-31	0
Prefunding balance elected to use to offset funding requirement	2019-05-31	0
Additional cash requirement	2019-05-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-05-31	0
Unpaid minimum required contributions for current year	2019-05-31	0
Unpaid minimum required contributions for all years	2019-05-31	0
2018: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets	2018-05-31	1,199,167
Acturial value of plan assets	2018-05-31	1,199,167
Funding target for retired participants and beneficiaries receiving payment	2018-05-31	178,028
Number of terminated vested participants	2018-05-31	2
Fundng target for terminated vested participants	2018-05-31	416,992
Active participant vested funding target	2018-05-31	484,574
Number of active participants	2018-05-31	13
Total funding liabilities for active participants	2018-05-31	507,895
Total participant count	2018-05-31	16
Total funding target for all participants	2018-05-31	1,102,915
Balance at beginning of prior year after applicable adjustments	2018-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-05-31	0
Prefunding balanced used to offset prior years funding requirement	2018-05-31	0
Amount remaining of carryover balance	2018-05-31	0
Amount remaining of prefunding balance	2018-05-31	0
Present value of excess contributions	2018-05-31	22,027
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-05-31	23,313
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-05-31	0
Reductions in caryover balances due to elections or deemed elections	2018-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-05-31	0
Balance of carryovers at beginning of current year	2018-05-31	0
Balance of prefunding at beginning of current year	2018-05-31	0
Total employer contributions	2018-05-31	203,270
Total employee contributions	2018-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-05-31	196,121
Unpaid minimum required contributions for all prior years	2018-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-05-31	0
Remaining amount of unpaid minimum required contributions	2018-05-31	0
Minimum required contributions for current year target normal cost	2018-05-31	55,348
Net shortfall amortization installment of oustanding balance	2018-05-31	0
Waiver amortization installment	2018-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-05-31	0
Carryover balance elected to use to offset funding requirement	2018-05-31	0
Prefunding balance elected to use to offset funding requirement	2018-05-31	0
Additional cash requirement	2018-05-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-05-31	196,121
Unpaid minimum required contributions for current year	2018-05-31	0
Unpaid minimum required contributions for all years	2018-05-31	0
2017: SUPERIOR CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets	2017-05-31	1,183,637
Acturial value of plan assets	2017-05-31	1,183,637
Funding target for retired participants and beneficiaries receiving payment	2017-05-31	209,846
Number of terminated vested participants	2017-05-31	1
Fundng target for terminated vested participants	2017-05-31	7,711
Active participant vested funding target	2017-05-31	665,280
Number of active participants	2017-05-31	15
Total funding liabilities for active participants	2017-05-31	686,234
Total participant count	2017-05-31	17
Total funding target for all participants	2017-05-31	903,791
Balance at beginning of prior year after applicable adjustments	2017-05-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-05-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-05-31	0
Prefunding balanced used to offset prior years funding requirement	2017-05-31	0
Amount remaining of carryover balance	2017-05-31	0
Amount remaining of prefunding balance	2017-05-31	0
Present value of excess contributions	2017-05-31	320,173
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-05-31	339,415
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-05-31	0
Reductions in caryover balances due to elections or deemed elections	2017-05-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-05-31	0
Balance of carryovers at beginning of current year	2017-05-31	0
Balance of prefunding at beginning of current year	2017-05-31	0
Total employer contributions	2017-05-31	22,755
Total employee contributions	2017-05-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-05-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-05-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-05-31	22,027
Unpaid minimum required contributions for all prior years	2017-05-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-05-31	0
Remaining amount of unpaid minimum required contributions	2017-05-31	0
Minimum required contributions for current year target normal cost	2017-05-31	103,461
Net shortfall amortization installment of oustanding balance	2017-05-31	0
Waiver amortization installment	2017-05-31	0
Waived amount of outstanding balance	2017-05-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-05-31	0
Carryover balance elected to use to offset funding requirement	2017-05-31	0
Prefunding balance elected to use to offset funding requirement	2017-05-31	0
Additional cash requirement	2017-05-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-05-31	22,027
Unpaid minimum required contributions for current year	2017-05-31	0
Unpaid minimum required contributions for all years	2017-05-31	0

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Company Name:	SUPERIOR CREDIT UNION
Employer identification number (EIN):	231514461
NAIC Classification:	522130
NAIC Description:	Credit Unions

Jurisdiction of Incorporation:	COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE
Incorporation Date:
Company Identification Number:	348800