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BUCKEYE STATE CREDIT UNION 401K PLAN 401k Plan overview

Plan NameBUCKEYE STATE CREDIT UNION 401K PLAN
Plan identification number 001

BUCKEYE STATE CREDIT UNION 401K PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

BUCKEYE STATE CREDIT UNION INC. has sponsored the creation of one or more 401k plans.

Company Name:BUCKEYE STATE CREDIT UNION INC.
Employer identification number (EIN):340746485
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BUCKEYE STATE CREDIT UNION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01BRADLEY RILEY2023-05-19
0012021-01-01BRADLEY RILEY2022-04-26
0012020-01-01BRADLEY RILEY2021-06-22
0012019-01-01
0012018-01-01BRADLEY RILEY2019-07-29
0012017-01-01BRADLEY RILEY2018-10-05
0012016-01-01KATHY MENDITTO2017-05-11
0012015-01-01JON BOLEY
0012014-01-01FRANCIS ODHIIAMBO
0012013-01-01NORMA S. PRESTON
0012012-01-01NORMA S. PRESTON
0012011-01-01NORMA S. PRESTON
0012010-01-01NORMA S. PRESTON
0012009-01-01NORMA S. PRESTON
0012008-01-01NORMA S. PRESTON

Plan Statistics for BUCKEYE STATE CREDIT UNION 401K PLAN

401k plan membership statisitcs for BUCKEYE STATE CREDIT UNION 401K PLAN

Measure Date Value
2015: BUCKEYE STATE CREDIT UNION 401K PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0134
Total number of active participants reported on line 7a of the Form 55002015-01-0156
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-017
Total of all active and inactive participants2015-01-0163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0163
Number of participants with account balances2015-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: BUCKEYE STATE CREDIT UNION 401K PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0136
Total number of active participants reported on line 7a of the Form 55002014-01-0134
Number of retired or separated participants receiving benefits2014-01-012
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0136
Number of participants with account balances2014-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: BUCKEYE STATE CREDIT UNION 401K PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0139
Total number of active participants reported on line 7a of the Form 55002013-01-0133
Number of retired or separated participants receiving benefits2013-01-013
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0136
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0136
Number of participants with account balances2013-01-0133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: BUCKEYE STATE CREDIT UNION 401K PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0136
Total number of active participants reported on line 7a of the Form 55002012-01-0135
Number of retired or separated participants receiving benefits2012-01-014
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0139
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0139
Number of participants with account balances2012-01-0135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: BUCKEYE STATE CREDIT UNION 401K PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0144
Total number of active participants reported on line 7a of the Form 55002011-01-0136
Number of retired or separated participants receiving benefits2011-01-018
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0144
Number of participants with account balances2011-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: BUCKEYE STATE CREDIT UNION 401K PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0152
Total number of active participants reported on line 7a of the Form 55002010-01-0144
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-0144
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0144
Number of participants with account balances2010-01-0144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: BUCKEYE STATE CREDIT UNION 401K PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0152
Total number of active participants reported on line 7a of the Form 55002009-01-0146
Number of retired or separated participants receiving benefits2009-01-016
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0152
Number of participants with account balances2009-01-0146
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010
2008: BUCKEYE STATE CREDIT UNION 401K PLAN 2008 401k membership
Total participants, beginning-of-year2008-01-0148
Total number of active participants reported on line 7a of the Form 55002008-01-0151
Number of retired or separated participants receiving benefits2008-01-011
Number of other retired or separated participants entitled to future benefits2008-01-010
Total of all active and inactive participants2008-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2008-01-010
Total participants2008-01-0152
Number of participants with account balances2008-01-0148

Financial Data on BUCKEYE STATE CREDIT UNION 401K PLAN

Measure Date Value
2015 : BUCKEYE STATE CREDIT UNION 401K PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$67,470
Expenses. Total of all expenses incurred2015-12-31$94,141
Benefits paid (including direct rollovers)2015-12-31$89,042
Total plan assets at end of year2015-12-31$1,631,053
Total plan assets at beginning of year2015-12-31$1,657,724
Value of fidelity bond covering the plan2015-12-31$3,000,000
Total contributions received or receivable from participants2015-12-31$58,312
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$9,158
Net income (gross income less expenses)2015-12-31$-26,671
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,631,053
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,657,724
Assets. Value of participant loans2015-12-31$41,474
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$5,099
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$0
Amount contributed by the employer to the plan for this plan year2015-12-31$0
2014 : BUCKEYE STATE CREDIT UNION 401K PLAN 2014 401k financial data
Total income from all sources2014-12-31$160,368
Expenses. Total of all expenses incurred2014-12-31$2,555
Benefits paid (including direct rollovers)2014-12-31$5
Total plan assets at end of year2014-12-31$1,657,724
Total plan assets at beginning of year2014-12-31$1,499,911
Total contributions received or receivable from participants2014-12-31$68,261
Other income received2014-12-31$92,107
Net income (gross income less expenses)2014-12-31$157,813
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,657,724
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,499,911
Assets. Value of participant loans2014-12-31$41,431
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$2,550
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : BUCKEYE STATE CREDIT UNION 401K PLAN 2013 401k financial data
Total income from all sources2013-12-31$322,372
Expenses. Total of all expenses incurred2013-12-31$22,273
Benefits paid (including direct rollovers)2013-12-31$20,853
Total plan assets at end of year2013-12-31$1,499,911
Total plan assets at beginning of year2013-12-31$1,199,812
Total contributions received or receivable from participants2013-12-31$69,373
Other income received2013-12-31$252,999
Net income (gross income less expenses)2013-12-31$300,099
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,499,911
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,199,812
Assets. Value of participant loans2013-12-31$38,140
Total contributions received or receivable from employer(s)2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$1,420
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : BUCKEYE STATE CREDIT UNION 401K PLAN 2012 401k financial data
Total income from all sources2012-12-31$207,239
Expenses. Total of all expenses incurred2012-12-31$160,784
Benefits paid (including direct rollovers)2012-12-31$158,594
Total plan assets at end of year2012-12-31$1,199,812
Total plan assets at beginning of year2012-12-31$1,153,357
Total contributions received or receivable from participants2012-12-31$62,993
Other income received2012-12-31$144,246
Net income (gross income less expenses)2012-12-31$46,455
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,199,812
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,153,357
Assets. Value of participant loans2012-12-31$54,496
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$2,190
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : BUCKEYE STATE CREDIT UNION 401K PLAN 2011 401k financial data
Total income from all sources2011-12-31$35,151
Expenses. Total of all expenses incurred2011-12-31$198,828
Benefits paid (including direct rollovers)2011-12-31$198,011
Total plan assets at end of year2011-12-31$1,153,357
Total plan assets at beginning of year2011-12-31$1,317,034
Total contributions received or receivable from participants2011-12-31$57,714
Other income received2011-12-31$-22,563
Net income (gross income less expenses)2011-12-31$-163,677
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,153,357
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,317,034
Assets. Value of participant loans2011-12-31$72,664
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$817
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : BUCKEYE STATE CREDIT UNION 401K PLAN 2010 401k financial data
Total income from all sources2010-12-31$164,680
Expenses. Total of all expenses incurred2010-12-31$59,950
Benefits paid (including direct rollovers)2010-12-31$58,649
Total plan assets at end of year2010-12-31$1,317,034
Total plan assets at beginning of year2010-12-31$1,212,304
Total contributions received or receivable from participants2010-12-31$68,185
Expenses. Other expenses not covered elsewhere2010-12-31$163
Other income received2010-12-31$96,495
Net income (gross income less expenses)2010-12-31$104,730
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,317,034
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,212,304
Assets. Value of participant loans2010-12-31$20,825
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$1,138
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : BUCKEYE STATE CREDIT UNION 401K PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BUCKEYE STATE CREDIT UNION 401K PLAN

2015: BUCKEYE STATE CREDIT UNION 401K PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BUCKEYE STATE CREDIT UNION 401K PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BUCKEYE STATE CREDIT UNION 401K 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 planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BUCKEYE STATE CREDIT UNION 401K 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 planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BUCKEYE STATE CREDIT UNION 401K 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 planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: BUCKEYE STATE CREDIT UNION 401K 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 planYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: BUCKEYE STATE CREDIT UNION 401K 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 planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes
2008: BUCKEYE STATE CREDIT UNION 401K PLAN 2008 form 5500 responses
2008-01-01Type of plan entitySingle employer plan
2008-01-01First time form 5500 has been submittedYes
2008-01-01Submission has been amendedYes
2008-01-01This submission is the final filingNo
2008-01-01This return/report is a short plan year return/report (less than 12 months)No
2008-01-01Plan is a collectively bargained planYes
2008-01-01Plan funding arrangement – TrustYes
2008-01-01Plan benefit arrangement - TrustYes

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