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FIRST FEDERAL BANK OF OHIO 401(K) PLAN 401k Plan overview

Plan NameFIRST FEDERAL BANK OF OHIO 401(K) PLAN
Plan identification number 002

FIRST FEDERAL BANK OF OHIO 401(K) 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.
  • 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

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

Company Name:FIRST FEDERAL BANK OF OHIO
Employer identification number (EIN):344239952
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL BANK OF OHIO 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JOSEPH J. CLIME2024-07-22
0022022-01-01JOSEPH J. CLIME2023-08-10
0022021-01-01JOSEPH J. CLIME2022-08-01
0022020-01-01JOSEPH J. CLIME2021-08-06
0022018-01-01DAVID B. BEACH2019-09-10
0022017-01-01DAVID B. BEACH2018-06-21
0022016-01-01DAVID B. BEACH2017-08-01
0022015-01-01DAVID B. BEACH2016-09-16

Plan Statistics for FIRST FEDERAL BANK OF OHIO 401(K) PLAN

401k plan membership statisitcs for FIRST FEDERAL BANK OF OHIO 401(K) PLAN

Measure Date Value
2025: FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-2261
Total number of particpants at end of year2025-08-2256
Number of Participants With Account Balances2025-08-2244
2024: FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-2259
Total number of particpants at end of year2024-07-2256
Number of Participants With Account Balances2024-07-2246
2022: FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2022 401k membership
Total number of particpants at beginning of year2022-08-0166
Total number of particpants at end of year2022-08-0153
Number of Participants With Account Balances2022-08-0145

Financial Data on FIRST FEDERAL BANK OF OHIO 401(K) PLAN

Measure Date Value
2025 : FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-220
Total liabilities as of the end of the plan year2025-08-220
Total liabilities as of the beginning of the plan year2025-08-220
Total expenses incurred by plan in this plan year2025-08-22518434
Net assets as of the end of the plan year2025-08-222879859
Total assets as of the beginning of the plan year2025-08-222961348
Value of plan covered by a fidelity bond2025-08-223000000
Participant contributions to plan in this plan year2025-08-22106983
Value of participant loans at end of plan year2025-08-2266887
Other expenses paid from plan in this plan year2025-08-220
Other contributions to plan in this plan year2025-08-220
Other income to plan in this plan year2025-08-22245143
Plan net income in this plan year2025-08-22-81489
Net assets as of the end of the plan year2025-08-222879859
Net assets as of the beginning of the plan year2025-08-222961348
Employer contributions to plan in this plan year2025-08-2284819
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-222073
2024 : FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-220
Total liabilities as of the end of the plan year2024-07-220
Total liabilities as of the beginning of the plan year2024-07-220
Total expenses incurred by plan in this plan year2024-07-2261545
Net assets as of the end of the plan year2024-07-222961348
Total assets as of the beginning of the plan year2024-07-222492685
Value of plan covered by a fidelity bond2024-07-223000000
Participant contributions to plan in this plan year2024-07-22110033
Value of participant loans at end of plan year2024-07-2264855
Other expenses paid from plan in this plan year2024-07-220
Other contributions to plan in this plan year2024-07-220
Other income to plan in this plan year2024-07-22333427
Plan net income in this plan year2024-07-22468663
Net assets as of the end of the plan year2024-07-222961348
Net assets as of the beginning of the plan year2024-07-222492685
Employer contributions to plan in this plan year2024-07-2286748
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-222673
2022 : FIRST FEDERAL BANK OF OHIO 401(K) PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-08-010
Total liabilities as of the end of the plan year2022-08-010
Total liabilities as of the beginning of the plan year2022-08-010
Total expenses incurred by plan in this plan year2022-08-01914062
Net assets as of the end of the plan year2022-08-012844149
Total assets as of the beginning of the plan year2022-08-013223121
Value of plan covered by a fidelity bond2022-08-013000000
Participant contributions to plan in this plan year2022-08-01101413
Value of participant loans at end of plan year2022-08-0168900
Other expenses paid from plan in this plan year2022-08-010
Other contributions to plan in this plan year2022-08-010
Other income to plan in this plan year2022-08-01359567
Plan net income in this plan year2022-08-01-378972
Net assets as of the end of the plan year2022-08-012844149
Net assets as of the beginning of the plan year2022-08-013223121
Employer contributions to plan in this plan year2022-08-0174110
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-012434

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