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NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN 401k Plan overview

Plan NameNORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN
Plan identification number 001

NORTH SHORE FEDERAL CREDIT UNION 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.
  • 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 SHORE FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:NORTH SHORE FEDERAL CREDIT UNION
Employer identification number (EIN):410840330
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TRACY TIBONI2024-05-08
0012022-01-01TRACY TIBONI2023-07-19
0012021-01-01TRACY TIBONI2022-09-29
0012020-01-01TRACY TIBONI2021-06-29
0012019-01-01TRACY TIBONI2020-07-15
0012018-01-01TRACY TIBONI2019-07-23
0012017-01-01TRACY TIBONI2018-07-24

Financial Data on NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN

Measure Date Value
2025 : NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-05-300
Total liabilities as of the beginning of the plan year2025-05-300
Total expenses incurred by plan in this plan year2025-05-30143016
Net assets as of the end of the plan year2025-05-303144452
Total assets as of the beginning of the plan year2025-05-302427153
Value of plan covered by a fidelity bond2025-05-305000000
Participant contributions to plan in this plan year2025-05-30268343
Other expenses paid from plan in this plan year2025-05-300
Other contributions to plan in this plan year2025-05-3058227
Other income to plan in this plan year2025-05-30339105
Plan net income in this plan year2025-05-30717299
Net assets as of the end of the plan year2025-05-303144452
Net assets as of the beginning of the plan year2025-05-302427153
Employer contributions to plan in this plan year2025-05-30194640
Fees paid to broker by Benefit Provider2025-05-30202
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-3044868
2024 : NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-080
Total liabilities as of the end of the plan year2024-05-080
Total liabilities as of the beginning of the plan year2024-05-080
Total expenses incurred by plan in this plan year2024-05-08223208
Net assets as of the end of the plan year2024-05-082427153
Total assets as of the beginning of the plan year2024-05-081913705
Value of plan covered by a fidelity bond2024-05-085000000
Participant contributions to plan in this plan year2024-05-08214018
Other expenses paid from plan in this plan year2024-05-080
Other contributions to plan in this plan year2024-05-082899
Other income to plan in this plan year2024-05-08350394
Plan net income in this plan year2024-05-08513448
Net assets as of the end of the plan year2024-05-082427153
Net assets as of the beginning of the plan year2024-05-081913705
Employer contributions to plan in this plan year2024-05-08169345
Fees paid to broker by Benefit Provider2024-05-08111
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0836452
2022 : NORTH SHORE FEDERAL CREDIT UNION 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-09-29149983
Net assets as of the end of the plan year2022-09-292002547
Total assets as of the beginning of the plan year2022-09-291581791
Value of plan covered by a fidelity bond2022-09-295000000
Participant contributions to plan in this plan year2022-09-29165579
Other contributions to plan in this plan year2022-09-291276
Other income to plan in this plan year2022-09-29265813
Plan net income in this plan year2022-09-29420756
Net assets as of the end of the plan year2022-09-292002547
Net assets as of the beginning of the plan year2022-09-291581791
Employer contributions to plan in this plan year2022-09-29138071
Fees paid to broker by Benefit Provider2022-09-2911
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2924678

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