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WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN 401k Plan overview

Plan NameWEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN
Plan identification number 002

WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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

WEST VIRGINIA FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:WEST VIRGINIA FEDERAL CREDIT UNION
Employer identification number (EIN):550483573
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01NICHOLAS P. ARVON2024-04-10
0022022-01-01NICHOLAS P. ARVON2023-02-23
0022022-01-01NICHOLAS P. ARVON2024-04-10
0022021-01-01NICHOLAS P. ARVON2022-05-02
0022020-01-01NICHOLAS P. ARVON2021-04-28
0022019-01-01NICHOLAS P. ARVON2020-04-03
0022018-01-01NICHOLAS P. ARVON2019-05-16
0022017-01-01NICHOLAS P. ARVON2018-03-06
0022017-01-01NICHOLAS P. ARVON2018-04-26
0022016-01-01NICHOLAS P. ARVON2017-02-21
0022015-01-01NICHOLAS P. ARVON2016-06-13
0022014-01-01NICHOLAS P. ARVON2015-05-08
0022013-01-01NICHOLAS P. ARVON2014-04-28
0022012-01-01NICHOLAS P. ARVON2013-06-28
0022011-01-01NICHOLAS P. ARVON2012-10-09
0022010-01-01WALLY Q. PRESTON2011-08-02

Financial Data on WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN

Measure Date Value
2025 : WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-1043126
Net assets as of the end of the plan year2025-03-105392057
Total assets as of the beginning of the plan year2025-03-104642460
Value of plan covered by a fidelity bond2025-03-104000000
Participant contributions to plan in this plan year2025-03-10108699
Value of participant loans at end of plan year2025-03-1044132
Other income to plan in this plan year2025-03-10549526
Plan net income in this plan year2025-03-10749597
Net assets as of the end of the plan year2025-03-105392057
Net assets as of the beginning of the plan year2025-03-104642460
Employer contributions to plan in this plan year2025-03-10134498
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-1026965
2024 : WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-1039540
Net assets as of the end of the plan year2024-04-104642460
Total assets as of the beginning of the plan year2024-04-103868452
Value of plan covered by a fidelity bond2024-04-104000000
Participant contributions to plan in this plan year2024-04-10112941
Other income to plan in this plan year2024-04-10557840
Plan net income in this plan year2024-04-10774008
Net assets as of the end of the plan year2024-04-104642460
Net assets as of the beginning of the plan year2024-04-103868452
Employer contributions to plan in this plan year2024-04-10142767
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-1017800
2022 : WEST VIRGINIA FEDERAL CREDIT UNION 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-0218603
Net assets as of the end of the plan year2022-05-024146240
Total assets as of the beginning of the plan year2022-05-023393165
Value of plan covered by a fidelity bond2022-05-023500000
Participant contributions to plan in this plan year2022-05-02100276
Value of participant loans at end of plan year2022-05-0251631
Other income to plan in this plan year2022-05-02562350
Plan net income in this plan year2022-05-02753075
Net assets as of the end of the plan year2022-05-024146240
Net assets as of the beginning of the plan year2022-05-023393165
Employer contributions to plan in this plan year2022-05-02109052
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-022808

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