401k Plan data: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST plan

OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 401k Plan overview

Plan Name	OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST
Plan identification number	002

OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND 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.
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

THE OHIO EDUCATIONAL CREDIT UNION, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE OHIO EDUCATIONAL CREDIT UNION, INC.

Employer identification number (EIN): 340153020

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 JEROME R VALCO 2024-07-29 JEROME R VALCO 2024-07-29
002 2022-01-01 BETH ALVES 2023-09-07 BETH ALVES 2023-09-07
002 2021-01-01 JEROME R VALCO 2022-10-07 JEROME R VALCO 2022-10-07
002 2021-01-01 JEROME R VALCO 2022-10-07 JEROME R VALCO 2022-10-07
002 2020-01-01 JEROME VALCO 2021-07-23
002 2019-01-01 JEROME VALCO 2020-07-09
002 2018-01-01 JEROME VALCO 2019-07-31
002 2017-01-01 JEROME VALCO 2018-07-31
002 2016-01-01 JEROME VALCO 2017-07-28
002 2015-01-01 JEROME VALCO 2016-07-29
002 2013-01-01 JEROME VALCO 2014-10-03
002 2012-01-01 JEROME VALCO 2013-09-26
002 2011-01-01 JEROME VALCO 2012-10-09
002 2010-01-01 JEROME R VALCO 2011-09-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	JEROME R VALCO	2024-07-29	JEROME R VALCO	2024-07-29
002	2022-01-01	BETH ALVES	2023-09-07	BETH ALVES	2023-09-07
002	2021-01-01	JEROME R VALCO	2022-10-07	JEROME R VALCO	2022-10-07
002	2021-01-01	JEROME R VALCO	2022-10-07	JEROME R VALCO	2022-10-07
002	2020-01-01	JEROME VALCO	2021-07-23
002	2019-01-01	JEROME VALCO	2020-07-09
002	2018-01-01	JEROME VALCO	2019-07-31
002	2017-01-01	JEROME VALCO	2018-07-31
002	2016-01-01	JEROME VALCO	2017-07-28
002	2015-01-01	JEROME VALCO	2016-07-29
002	2013-01-01	JEROME VALCO	2014-10-03
002	2012-01-01	JEROME VALCO	2013-09-26
002	2011-01-01	JEROME VALCO	2012-10-09
002	2010-01-01	JEROME R VALCO	2011-09-19

Plan Statistics for OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST

401k plan membership statisitcs for OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST

Measure Date Value
2025: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year 2025-06-03 62
Total number of particpants at end of year 2025-06-03 60
Number of Participants With Account Balances 2025-06-03 51
2024: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year 2024-07-29 65
Total number of particpants at end of year 2024-07-29 61
Number of Participants With Account Balances 2024-07-29 51
2022: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year 2022-10-07 62
Total number of particpants at end of year 2022-10-07 61
Number of Participants With Account Balances 2022-10-07 53

Measure	Date	Value
2025: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year	2025-06-03	62
Total number of particpants at end of year	2025-06-03	60
Number of Participants With Account Balances	2025-06-03	51
2024: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year	2024-07-29	65
Total number of particpants at end of year	2024-07-29	61
Number of Participants With Account Balances	2024-07-29	51
2022: OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2022 401k membership
Total number of particpants at beginning of year	2022-10-07	62
Total number of particpants at end of year	2022-10-07	61
Number of Participants With Account Balances	2022-10-07	53

Financial Data on OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST

Measure	Date	Value
2025 : OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-06-03	317335
Net assets as of the end of the plan year	2025-06-03	3336056
Total assets as of the beginning of the plan year	2025-06-03	3080219
Value of plan covered by a fidelity bond	2025-06-03	4000000
Participant contributions to plan in this plan year	2025-06-03	116339
Value of participant loans at end of plan year	2025-06-03	58211
Other contributions to plan in this plan year	2025-06-03	23083
Other income to plan in this plan year	2025-06-03	355970
Plan net income in this plan year	2025-06-03	255837
Net assets as of the end of the plan year	2025-06-03	3336056
Net assets as of the beginning of the plan year	2025-06-03	3080219
Employer contributions to plan in this plan year	2025-06-03	77780
Expensese paid to adminstrative service provicers from plan in this plan year	2025-06-03	21501
2024 : OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-07-29	347627
Net assets as of the end of the plan year	2024-07-29	3080219
Total assets as of the beginning of the plan year	2024-07-29	2805160
Value of plan covered by a fidelity bond	2024-07-29	3500000
Participant contributions to plan in this plan year	2024-07-29	111475
Value of participant loans at end of plan year	2024-07-29	36167
Other income to plan in this plan year	2024-07-29	457587
Plan net income in this plan year	2024-07-29	275059
Net assets as of the end of the plan year	2024-07-29	3080219
Net assets as of the beginning of the plan year	2024-07-29	2805160
Employer contributions to plan in this plan year	2024-07-29	53624
Expensese paid to adminstrative service provicers from plan in this plan year	2024-07-29	21242
2022 : OHIO EDUCATIONAL CREDIT UNION, INC. 401(K) PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-10-07	297062
Net assets as of the end of the plan year	2022-10-07	3459349
Total assets as of the beginning of the plan year	2022-10-07	2710795
Value of plan covered by a fidelity bond	2022-10-07	3500000
Participant contributions to plan in this plan year	2022-10-07	296676
Value of participant loans at end of plan year	2022-10-07	59894
Other contributions to plan in this plan year	2022-10-07	400649
Other income to plan in this plan year	2022-10-07	297711
Plan net income in this plan year	2022-10-07	748554
Net assets as of the end of the plan year	2022-10-07	3459349
Net assets as of the beginning of the plan year	2022-10-07	2710795
Employer contributions to plan in this plan year	2022-10-07	50580
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-07	13200

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Company Name:	THE OHIO EDUCATIONAL CREDIT UNION, INC.
Employer identification number (EIN):	340153020
NAIC Classification:	522130
NAIC Description:	Credit Unions