401k Plan data: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN plan

FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	003

FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	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

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 EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2013-01-01 MARY OLER
003 2012-01-01 DACOSTA SMITH, III PATRICK G. O'BRIEN 2013-06-07
003 2011-01-01 DACOSTA SMITH, III PATRICK G. O'BRIEN 2012-06-26

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
003	2013-01-01	MARY OLER
003	2012-01-01	DACOSTA SMITH, III	PATRICK G. O'BRIEN	2013-06-07
003	2011-01-01	DACOSTA SMITH, III	PATRICK G. O'BRIEN	2012-06-26

Plan Statistics for FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2013: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 110
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 80
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 25
Total of all active and inactive participants 2013-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 105
Number of participants with account balances 2013-01-01 105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 3
2012: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 82
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 28
Total of all active and inactive participants 2012-01-01 110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 110
Number of participants with account balances 2012-01-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 3
2011: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 82
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 23
Total of all active and inactive participants 2011-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 105
Number of participants with account balances 2011-01-01 104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 7

Measure	Date	Value
2013: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	110
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	80
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	25
Total of all active and inactive participants	2013-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	105
Number of participants with account balances	2013-01-01	105
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	3
2012: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	82
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	28
Total of all active and inactive participants	2012-01-01	110
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	110
Number of participants with account balances	2012-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	3
2011: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	82
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	23
Total of all active and inactive participants	2011-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	105
Number of participants with account balances	2011-01-01	104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	7

Financial Data on FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2013 : FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$444,633
Expenses. Total of all expenses incurred	2013-12-31	$153,909
Benefits paid (including direct rollovers)	2013-12-31	$69,542
Total plan assets at end of year	2013-12-31	$2,087,139
Total plan assets at beginning of year	2013-12-31	$1,796,415
Value of fidelity bond covering the plan	2013-12-31	$5,500,000
Expenses. Other expenses not covered elsewhere	2013-12-31	$83,812
Other income received	2013-12-31	$185,840
Net income (gross income less expenses)	2013-12-31	$290,724
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,087,139
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,796,415
Assets. Value of employer securities	2013-12-31	$2,079,665
Total contributions received or receivable from employer(s)	2013-12-31	$258,793
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$555
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$379,482
Expenses. Total of all expenses incurred	2012-12-31	$138,734
Benefits paid (including direct rollovers)	2012-12-31	$45,407
Total plan assets at end of year	2012-12-31	$1,796,415
Total plan assets at beginning of year	2012-12-31	$1,555,667
Value of fidelity bond covering the plan	2012-12-31	$5,500,000
Expenses. Other expenses not covered elsewhere	2012-12-31	$93,327
Other income received	2012-12-31	$120,689
Net income (gross income less expenses)	2012-12-31	$240,748
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,796,415
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,555,667
Assets. Value of employer securities	2012-12-31	$1,796,415
Total contributions received or receivable from employer(s)	2012-12-31	$258,793
2011 : FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$94,504
Expenses. Total of all expenses incurred	2011-12-31	$147,766
Benefits paid (including direct rollovers)	2011-12-31	$45,442
Total plan assets at end of year	2011-12-31	$1,555,667
Total plan assets at beginning of year	2011-12-31	$1,608,929
Value of fidelity bond covering the plan	2011-12-31	$5,500,000
Expenses. Other expenses not covered elsewhere	2011-12-31	$102,324
Other income received	2011-12-31	$-164,289
Net income (gross income less expenses)	2011-12-31	$-53,262
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,555,667
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,608,929
Assets. Value of employer securities	2011-12-31	$1,555,667
Total contributions received or receivable from employer(s)	2011-12-31	$258,793

Form 5500 Responses for FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN

2013: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN 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

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

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