Logo

FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 401k Plan overview

Plan NameFIRST FEDERAL SAVINGS BANK RETIREMENT PLAN
Plan identification number 002

FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

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

Company Name:FIRST FEDERAL SAVINGS BANK
Employer identification number (EIN):250672305
NAIC Classification:522120
NAIC Description:Savings Institutions

Additional information about FIRST FEDERAL SAVINGS BANK

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division
Incorporation Date: 2009-09-04
Company Identification Number: 88461
Legal Registered Office Address: 30 KIMBALL AVE, STE 102

SO BURLINGTON
United States of America (USA)
05403

More information about FIRST FEDERAL SAVINGS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01MARY OLER
0022012-01-01DACOSTA SMITH, III PATRICK G. OBRIEN2013-06-13
0022011-01-01DACOSTA SMITH, III PATRICK G. O'BRIEN2012-06-26
0022010-01-01DACOSTA SMITH, III PATRICK G. O'BRIEN2011-06-02
0022009-01-01DACOSTA SMITH, III PATRICK G. O'BRIEN2010-06-25

Financial Data on FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

Measure Date Value
2013 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 401k financial data
Total income from all sources2013-12-31$1,573,887
Expenses. Total of all expenses incurred2013-12-31$562,986
Benefits paid (including direct rollovers)2013-12-31$560,866
Total plan assets at end of year2013-12-31$7,553,783
Total plan assets at beginning of year2013-12-31$6,542,882
Value of fidelity bond covering the plan2013-12-31$5,500,000
Total contributions received or receivable from participants2013-12-31$270,740
Other income received2013-12-31$1,155,848
Net income (gross income less expenses)2013-12-31$1,010,901
Net plan assets at end of year (total assets less liabilities)2013-12-31$7,553,783
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$6,542,882
Assets. Value of participant loans2013-12-31$102,727
Assets. Value of employer securities2013-12-31$761,046
Total contributions received or receivable from employer(s)2013-12-31$147,299
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$2,120
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,088,503
Expenses. Total of all expenses incurred2012-12-31$173,079
Benefits paid (including direct rollovers)2012-12-31$171,739
Total plan assets at end of year2012-12-31$6,542,882
Total plan assets at beginning of year2012-12-31$5,627,458
Value of fidelity bond covering the plan2012-12-31$5,500,000
Total contributions received or receivable from participants2012-12-31$272,317
Expenses. Other expenses not covered elsewhere2012-12-31$1,340
Contributions received from other sources (not participants or employers)2012-12-31$12,967
Other income received2012-12-31$653,540
Net income (gross income less expenses)2012-12-31$915,424
Net plan assets at end of year (total assets less liabilities)2012-12-31$6,542,882
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,627,458
Assets. Value of participant loans2012-12-31$125,344
Total contributions received or receivable from employer(s)2012-12-31$149,679
2011 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 401k financial data
Total income from all sources2011-12-31$469,844
Expenses. Total of all expenses incurred2011-12-31$815,219
Benefits paid (including direct rollovers)2011-12-31$814,319
Total plan assets at end of year2011-12-31$5,627,458
Total plan assets at beginning of year2011-12-31$5,972,833
Value of fidelity bond covering the plan2011-12-31$5,500,000
Total contributions received or receivable from participants2011-12-31$281,729
Expenses. Other expenses not covered elsewhere2011-12-31$900
Contributions received from other sources (not participants or employers)2011-12-31$92,365
Other income received2011-12-31$-48,107
Net income (gross income less expenses)2011-12-31$-345,375
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,627,458
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,972,833
Assets. Value of participant loans2011-12-31$143,438
Assets. Value of employer securities2011-12-31$563,217
Total contributions received or receivable from employer(s)2011-12-31$143,857
2010 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2010 401k financial data
Total income from all sources2010-12-31$881,509
Expenses. Total of all expenses incurred2010-12-31$132,556
Benefits paid (including direct rollovers)2010-12-31$21,725
Total plan assets at end of year2010-12-31$1,608,929
Total plan assets at beginning of year2010-12-31$859,976
Value of fidelity bond covering the plan2010-12-31$5,500,000
Expenses. Other expenses not covered elsewhere2010-12-31$110,831
Other income received2010-12-31$622,716
Net income (gross income less expenses)2010-12-31$748,953
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,608,929
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$859,976
Assets. Value of employer securities2010-12-31$1,608,929
Total contributions received or receivable from employer(s)2010-12-31$258,793

Form 5500 Responses for FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

2013: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FIRST FEDERAL SAVINGS BANK RETIREMENT 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 FEDERAL SAVINGS BANK RETIREMENT 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

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1