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COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST 401k Plan overview

Plan NameCOMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST
Plan identification number 001

COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST 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.
  • 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

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

Company Name:COMMUNITY FIRST CREDIT UNION
Employer identification number (EIN):340813484
NAIC Classification:522130
NAIC Description:Credit Unions

Additional information about COMMUNITY FIRST CREDIT UNION

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 1955-11-03
Company Identification Number: 250776
Legal Registered Office Address: 2043 EAST PROSPECT ROAD
-
ASHTABULA
United States of America (USA)
44004

More information about COMMUNITY FIRST CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PHILIP PAWLOWSKI2024-06-10
0012022-01-01PHILIP PAWLOWSKI2023-05-23
0012021-01-01PHILIP PAWLOWSKI2022-06-03
0012020-01-01PHILIP PAWLOWSKI2021-05-03
0012019-01-01PHILIP PAWLOWSKI2020-05-29
0012018-01-01PHILIP PAWLOWSKI2019-05-30
0012017-01-01PHILIP PAWLOWSKI2018-05-24
0012016-01-01PHILIP PAWLOWSKI2017-06-08
0012015-01-01PHILIP PAWLOWSKI2016-07-18
0012014-01-01PHILIP PAWLOWSKI2015-06-19
0012013-01-01LUZ E CAMPBELL2014-06-27
0012012-01-01LUZ E CAMPBELL2013-07-12
0012011-01-01LUZ E. CAMPBELL2012-04-09
0012010-01-01LUCY CAMPBELL2011-07-20

Financial Data on COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST

Measure Date Value
2025 : COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-165657
Net assets as of the end of the plan year2025-05-161949995
Total assets as of the beginning of the plan year2025-05-161570244
Value of plan covered by a fidelity bond2025-05-163500000
Participant contributions to plan in this plan year2025-05-1630216
Value of participant loans at end of plan year2025-05-1666961
Other expenses paid from plan in this plan year2025-05-1650
Other contributions to plan in this plan year2025-05-16121976
Other income to plan in this plan year2025-05-16175297
Plan net income in this plan year2025-05-16379751
Net assets as of the end of the plan year2025-05-161949995
Net assets as of the beginning of the plan year2025-05-161570244
Employer contributions to plan in this plan year2025-05-1657919
2024 : COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-10269981
Net assets as of the end of the plan year2024-06-101570244
Total assets as of the beginning of the plan year2024-06-101489448
Value of plan covered by a fidelity bond2024-06-103500000
Participant contributions to plan in this plan year2024-06-1034027
Value of participant loans at end of plan year2024-06-1079793
Other expenses paid from plan in this plan year2024-06-10325
Other income to plan in this plan year2024-06-10263743
Plan net income in this plan year2024-06-1080796
Net assets as of the end of the plan year2024-06-101570244
Net assets as of the beginning of the plan year2024-06-101489448
Employer contributions to plan in this plan year2024-06-1053007
2022 : COMMUNITY FIRST CREDIT UNION 401(K) PLAN AND TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-03244194
Net assets as of the end of the plan year2022-06-031702861
Total assets as of the beginning of the plan year2022-06-031654898
Value of plan covered by a fidelity bond2022-06-033500000
Participant contributions to plan in this plan year2022-06-0327810
Value of participant loans at end of plan year2022-06-0344834
Other expenses paid from plan in this plan year2022-06-03525
Other income to plan in this plan year2022-06-03218965
Plan net income in this plan year2022-06-0347963
Net assets as of the end of the plan year2022-06-031702861
Net assets as of the beginning of the plan year2022-06-031654898
Employer contributions to plan in this plan year2022-06-0345382

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