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FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameFIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN
Plan identification number 001

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD has sponsored the creation of one or more 401k plans.

Company Name:FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD
Employer identification number (EIN):352537672
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012019-07-01DAVID T. SHAW2020-04-17
0012018-07-01
0012017-07-01
0012016-07-01DAVID T. SHAW
0012015-07-01DAVID T. SHAW
0012014-07-01DAVID T. SHAW

Financial Data on FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN

Measure Date Value
2019 : FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-06-30$185,668
Total loss/gain on sale of assets2019-06-30$2,087
Total of all expenses incurred2019-06-30$6,387,521
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-06-30$6,387,521
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-06-30$175,721
Value of total assets at end of year2019-06-30$72,677
Value of total assets at beginning of year2019-06-30$6,274,530
Total interest from all sources2019-06-30$7,424
Total dividends received (eg from common stock, registered investment company shares)2019-06-30$436
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-06-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2019-06-30$0
Was this plan covered by a fidelity bond2019-06-30Yes
Value of fidelity bond cover2019-06-30$500,000
If this is an individual account plan, was there a blackout period2019-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-06-30$0
Were there any nonexempt tranactions with any party-in-interest2019-06-30No
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-06-30$49,709
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-06-30No
Value of net income/loss2019-06-30$-6,201,853
Value of net assets at end of year (total assets less liabilities)2019-06-30$72,677
Value of net assets at beginning of year (total assets less liabilities)2019-06-30$6,274,530
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2019-06-30No
Were any leases to which the plan was party in default or uncollectible2019-06-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-06-30$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-06-30$4,718,279
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-06-30$4,718,279
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-06-30$7,424
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-06-30Yes
Was there a failure to transmit to the plan any participant contributions2019-06-30No
Has the plan failed to provide any benefit when due under the plan2019-06-30No
Contributions received in cash from employer2019-06-30$175,721
Employer contributions (assets) at end of year2019-06-30$72,677
Employer contributions (assets) at beginning of year2019-06-30$1,534,000
Income. Dividends from common stock2019-06-30$436
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-06-30$6,337,812
Assets. Corporate common stocks other than exployer securities at end of year2019-06-30$0
Assets. Corporate common stocks other than exployer securities at beginning of year2019-06-30$22,251
Did the plan have assets held for investment2019-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-06-30No
Aggregate proceeds on sale of assets2019-06-30$24,338
Aggregate carrying amount (costs) on sale of assets2019-06-30$22,251
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-06-30No
Opinion of an independent qualified public accountant for this plan2019-06-30Unqualified
Accountancy firm name2019-06-30CROWE LLP
Accountancy firm EIN2019-06-30350921680
2018 : FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-06-30$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-06-30$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-06-30$0
Total income from all sources (including contributions)2018-06-30$1,557,922
Total loss/gain on sale of assets2018-06-30$0
Total of all expenses incurred2018-06-30$1,905,309
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-06-30$1,905,309
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-06-30$1,534,000
Value of total assets at end of year2018-06-30$6,274,530
Value of total assets at beginning of year2018-06-30$6,621,917
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-06-30$0
Total interest from all sources2018-06-30$23,922
Total dividends received (eg from common stock, registered investment company shares)2018-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-06-30Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2018-06-30$0
Was this plan covered by a fidelity bond2018-06-30Yes
Value of fidelity bond cover2018-06-30$500,000
If this is an individual account plan, was there a blackout period2018-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-06-30$0
Were there any nonexempt tranactions with any party-in-interest2018-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-06-30No
Value of net income/loss2018-06-30$-347,387
Value of net assets at end of year (total assets less liabilities)2018-06-30$6,274,530
Value of net assets at beginning of year (total assets less liabilities)2018-06-30$6,621,917
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2018-06-30No
Were any leases to which the plan was party in default or uncollectible2018-06-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-06-30$4,718,279
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-06-30$5,895,520
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-06-30$5,895,520
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-06-30$23,922
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-06-30Yes
Was there a failure to transmit to the plan any participant contributions2018-06-30No
Has the plan failed to provide any benefit when due under the plan2018-06-30No
Contributions received in cash from employer2018-06-30$1,534,000
Employer contributions (assets) at end of year2018-06-30$1,534,000
Employer contributions (assets) at beginning of year2018-06-30$700,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-06-30$1,905,309
Assets. Corporate common stocks other than exployer securities at end of year2018-06-30$22,251
Assets. Corporate common stocks other than exployer securities at beginning of year2018-06-30$26,397
Did the plan have assets held for investment2018-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-06-30No
Opinion of an independent qualified public accountant for this plan2018-06-30Unqualified
Accountancy firm name2018-06-30CROWE LLP
Accountancy firm EIN2018-06-30350921680
2017 : FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-06-30$9,460
Total unrealized appreciation/depreciation of assets2017-06-30$9,460
Total income from all sources (including contributions)2017-06-30$738,869
Total of all expenses incurred2017-06-30$1,105,893
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-06-30$1,105,893
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-06-30$700,000
Value of total assets at end of year2017-06-30$6,621,917
Value of total assets at beginning of year2017-06-30$6,988,941
Total interest from all sources2017-06-30$29,409
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-06-30No
Was this plan covered by a fidelity bond2017-06-30Yes
Value of fidelity bond cover2017-06-30$8,000,000
If this is an individual account plan, was there a blackout period2017-06-30No
Were there any nonexempt tranactions with any party-in-interest2017-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Value of net income/loss2017-06-30$-367,024
Value of net assets at end of year (total assets less liabilities)2017-06-30$6,621,917
Value of net assets at beginning of year (total assets less liabilities)2017-06-30$6,988,941
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2017-06-30No
Were any leases to which the plan was party in default or uncollectible2017-06-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-06-30$5,895,520
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-06-30$6,172,004
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-06-30$6,172,004
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-06-30$29,409
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-06-30Yes
Was there a failure to transmit to the plan any participant contributions2017-06-30No
Has the plan failed to provide any benefit when due under the plan2017-06-30No
Contributions received in cash from employer2017-06-30$700,000
Employer contributions (assets) at end of year2017-06-30$700,000
Employer contributions (assets) at beginning of year2017-06-30$800,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-06-30$1,105,893
Assets. Corporate common stocks other than exployer securities at end of year2017-06-30$26,397
Assets. Corporate common stocks other than exployer securities at beginning of year2017-06-30$16,937
Did the plan have assets held for investment2017-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-06-30No
Opinion of an independent qualified public accountant for this plan2017-06-30Unqualified
Accountancy firm name2017-06-30CROWE HORWATH LLP
Accountancy firm EIN2017-06-30350921680
2016 : FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-06-30$-4,194
Total unrealized appreciation/depreciation of assets2016-06-30$-4,194
Total income from all sources (including contributions)2016-06-30$825,556
Total of all expenses incurred2016-06-30$801,802
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-06-30$801,802
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-06-30$800,000
Value of total assets at end of year2016-06-30$6,988,941
Value of total assets at beginning of year2016-06-30$6,965,187
Total interest from all sources2016-06-30$29,750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-06-30No
Was this plan covered by a fidelity bond2016-06-30Yes
Value of fidelity bond cover2016-06-30$8,000,000
If this is an individual account plan, was there a blackout period2016-06-30No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-06-30$0
Were there any nonexempt tranactions with any party-in-interest2016-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Value of net income/loss2016-06-30$23,754
Value of net assets at end of year (total assets less liabilities)2016-06-30$6,988,941
Value of net assets at beginning of year (total assets less liabilities)2016-06-30$6,965,187
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2016-06-30No
Were any leases to which the plan was party in default or uncollectible2016-06-30No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-06-30$6,172,004
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-06-30$6,194,056
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-06-30$6,194,056
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-06-30$29,750
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-06-30Yes
Was there a failure to transmit to the plan any participant contributions2016-06-30No
Has the plan failed to provide any benefit when due under the plan2016-06-30No
Contributions received in cash from employer2016-06-30$800,000
Employer contributions (assets) at end of year2016-06-30$800,000
Employer contributions (assets) at beginning of year2016-06-30$750,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-06-30$801,802
Assets. Corporate common stocks other than exployer securities at end of year2016-06-30$16,937
Assets. Corporate common stocks other than exployer securities at beginning of year2016-06-30$21,131
Did the plan have assets held for investment2016-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-06-30No
Opinion of an independent qualified public accountant for this plan2016-06-30Unqualified
Accountancy firm name2016-06-30CROWE HORWATH LLP
Accountancy firm EIN2016-06-30350921680
2015 : FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-06-30$6,338
Total unrealized appreciation/depreciation of assets2015-06-30$6,338
Total income from all sources (including contributions)2015-06-30$928,292
Total of all expenses incurred2015-06-30$1,730,761
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-06-30$1,730,761
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-06-30$750,000
Value of total assets at end of year2015-06-30$6,965,187
Value of total assets at beginning of year2015-06-30$7,767,656
Total interest from all sources2015-06-30$171,954
Was this plan covered by a fidelity bond2015-06-30Yes
Value of fidelity bond cover2015-06-30$8,000,000
If this is an individual account plan, was there a blackout period2015-06-30No
Were there any nonexempt tranactions with any party-in-interest2015-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Value of net income/loss2015-06-30$-802,469
Value of net assets at end of year (total assets less liabilities)2015-06-30$6,965,187
Value of net assets at beginning of year (total assets less liabilities)2015-06-30$7,767,656
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2015-06-30No
Were any leases to which the plan was party in default or uncollectible2015-06-30No
Interest earned on other investments2015-06-30$142,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-06-30$6,194,056
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-06-30$5,446,966
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-06-30$5,446,966
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-06-30$29,226
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-06-30$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-06-30$747,873
Expenses. Payments to insurance carriers foe the provision of benefits2015-06-30$201,168
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-06-30Yes
Was there a failure to transmit to the plan any participant contributions2015-06-30No
Has the plan failed to provide any benefit when due under the plan2015-06-30No
Contributions received in cash from employer2015-06-30$750,000
Employer contributions (assets) at end of year2015-06-30$750,000
Employer contributions (assets) at beginning of year2015-06-30$1,552,019
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-06-30$1,529,593
Assets. Corporate common stocks other than exployer securities at end of year2015-06-30$21,131
Assets. Corporate common stocks other than exployer securities at beginning of year2015-06-30$20,798
Did the plan have assets held for investment2015-06-30Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-06-30No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-06-30No
Opinion of an independent qualified public accountant for this plan2015-06-30Unqualified
Accountancy firm name2015-06-30CROWE HORWATH LLP
Accountancy firm EIN2015-06-30350921680

Form 5500 Responses for FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN

2018: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01Plan funding arrangement – TrustYes
2018-07-01Plan benefit arrangement - TrustYes
2017: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Plan funding arrangement – TrustYes
2017-07-01Plan benefit arrangement - TrustYes
2016: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01Plan funding arrangement – TrustYes
2016-07-01Plan benefit arrangement - TrustYes
2015: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2015 form 5500 responses
2015-07-01Type of plan entitySingle employer plan
2015-07-01Plan funding arrangement – TrustYes
2015-07-01Plan benefit arrangement - TrustYes
2014: FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF LAKEWOOD DEFINED BENEFIT PENSION PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Plan funding arrangement – InsuranceYes
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement – InsuranceYes
2014-07-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA LIFE INSURANCE ANNUITY (National Association of Insurance Commissioners NAIC id number: 69507 )
Policy contract numberX020000615
Policy instance 1
TRANSAMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 86231 )
Policy contract number0030000408
Policy instance 2
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number7780427
Policy instance 3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberTFA7914
Policy instance 4

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