Logo

TRANSIT EMPLOYEES FED CREDIT UNION 401k Plan overview

Plan NameTRANSIT EMPLOYEES FED CREDIT UNION
Plan identification number 001

TRANSIT EMPLOYEES FED CREDIT UNION Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

TRANSIT EMPLOYEES FED CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:TRANSIT EMPLOYEES FED CREDIT UNION
Employer identification number (EIN):530201498
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRANSIT EMPLOYEES FED CREDIT UNION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01RITA SMITH2020-08-31 RITA SMITH2020-08-31
0012018-01-01RITA SMITH2019-05-31
0012017-01-01RITA SMITH2018-07-24
0012016-01-01RITA SMITH2017-10-16
0012015-01-01RITA SMITH2016-09-28
0012014-01-01RITA SMITH2015-09-29
0012013-01-01RITA SMITH2014-07-15
0012012-01-01RITA SMITH2013-07-23
0012011-01-01RITA SMITH2012-07-31
0012010-01-01RITA SMITH2011-05-25

Financial Data on TRANSIT EMPLOYEES FED CREDIT UNION

Measure Date Value
2025 : TRANSIT EMPLOYEES FED CREDIT UNION 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-230
Total expenses incurred by plan in this plan year2025-05-23101559
Net assets as of the end of the plan year2025-05-231050909
Total assets as of the beginning of the plan year2025-05-23930665
Value of plan covered by a fidelity bond2025-05-233500000
Participant contributions to plan in this plan year2025-05-2344835
Value of participant loans at end of plan year2025-05-232392
Other income to plan in this plan year2025-05-23146481
Plan net income in this plan year2025-05-23120244
Net assets as of the end of the plan year2025-05-231050909
Net assets as of the beginning of the plan year2025-05-23930665
Employer contributions to plan in this plan year2025-05-2330487
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-236513
2024 : TRANSIT EMPLOYEES FED CREDIT UNION 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-140
Total liabilities as of the beginning of the plan year2024-10-140
Total expenses incurred by plan in this plan year2024-10-1469759
Net assets as of the end of the plan year2024-10-14930665
Total assets as of the beginning of the plan year2024-10-14771271
Value of plan covered by a fidelity bond2024-10-143500000
Participant contributions to plan in this plan year2024-10-1446767
Value of participant loans at end of plan year2024-10-142262
Other expenses paid from plan in this plan year2024-10-140
Other contributions to plan in this plan year2024-10-140
Other income to plan in this plan year2024-10-14146357
Plan net income in this plan year2024-10-14159394
Net assets as of the end of the plan year2024-10-14930665
Net assets as of the beginning of the plan year2024-10-14771271
Employer contributions to plan in this plan year2024-10-1436029
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-146804

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1