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NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameNORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN
Plan identification number 002

NORTH STAR CREDIT UNION 401(K) PROFIT SHARING 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

NORTH STAR CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:NORTH STAR CREDIT UNION
Employer identification number (EIN):410789207
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JULIA DEVRIES2024-05-28
0022022-01-01JULIA DEVRIES2023-05-23
0022021-01-01JULIA DEVRIES2022-06-03
0022020-01-01JULIA DEVRIES2021-05-27
0022019-01-01JULIA DEVRIES2020-05-18
0022018-01-01JULIA DEVRIES2019-06-20
0022017-01-01JULIA DEVRIES2018-06-12
0022016-01-01PETER HUBERTY2017-06-14
0022015-01-01PETER HUBERTY2016-06-03
0022014-01-01SUSAN M CARSTENS2015-08-06
0022013-01-01SUSAN M CARSTENS2014-07-28
0022012-01-01SUSAN M CARSTENS2013-05-23
0022011-01-01SUSAN CARSTENS2012-03-30
0022010-01-01SUSAN CARSTENS2011-06-28

Financial Data on NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-1341192
Net assets as of the end of the plan year2025-05-132621212
Total assets as of the beginning of the plan year2025-05-132170104
Value of plan covered by a fidelity bond2025-05-133500000
Participant contributions to plan in this plan year2025-05-13132682
Value of participant loans at end of plan year2025-05-1355598
Other expenses paid from plan in this plan year2025-05-13800
Other income to plan in this plan year2025-05-13229693
Plan net income in this plan year2025-05-13451108
Net assets as of the end of the plan year2025-05-132621212
Net assets as of the beginning of the plan year2025-05-132170104
Employer contributions to plan in this plan year2025-05-13129925
2024 : NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-28102791
Net assets as of the end of the plan year2024-05-282170104
Total assets as of the beginning of the plan year2024-05-281812796
Value of plan covered by a fidelity bond2024-05-283500000
Participant contributions to plan in this plan year2024-05-28127579
Value of participant loans at end of plan year2024-05-2821280
Other expenses paid from plan in this plan year2024-05-28400
Other contributions to plan in this plan year2024-05-281465
Other income to plan in this plan year2024-05-28218092
Plan net income in this plan year2024-05-28357308
Net assets as of the end of the plan year2024-05-282170104
Net assets as of the beginning of the plan year2024-05-281812796
Employer contributions to plan in this plan year2024-05-28112963
2022 : NORTH STAR CREDIT UNION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-03112883
Net assets as of the end of the plan year2022-06-031964007
Total assets as of the beginning of the plan year2022-06-031662100
Value of plan covered by a fidelity bond2022-06-033000000
Participant contributions to plan in this plan year2022-06-03123856
Value of participant loans at end of plan year2022-06-0327335
Other expenses paid from plan in this plan year2022-06-03200
Other income to plan in this plan year2022-06-03172378
Plan net income in this plan year2022-06-03301907
Net assets as of the end of the plan year2022-06-031964007
Net assets as of the beginning of the plan year2022-06-031662100
Employer contributions to plan in this plan year2022-06-03118556

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