FIRST FEDERAL BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN
| Measure | Date | Value |
|---|
| 2025: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2025 401k membership |
|---|
| Total number of particpants at beginning of year | 2025-04-04 | 101 |
| Total number of particpants at end of year | 2025-04-04 | 102 |
| 2023: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2023 401k membership |
|---|
| Market value of plan assets | 2023-06-30 | 7,440,297 |
| Acturial value of plan assets | 2023-06-30 | 7,440,297 |
| Funding target for retired participants and beneficiaries receiving payment | 2023-06-30 | 4,194,908 |
| Number of terminated vested participants | 2023-06-30 | 30 |
| Fundng target for terminated vested participants | 2023-06-30 | 800,718 |
| Active participant vested funding target | 2023-06-30 | 1,395,176 |
| Number of active participants | 2023-06-30 | 27 |
| Total funding liabilities for active participants | 2023-06-30 | 1,400,560 |
| Total participant count | 2023-06-30 | 103 |
| Total funding target for all participants | 2023-06-30 | 6,396,186 |
| Balance at beginning of prior year after applicable adjustments | 2023-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2023-06-30 | 1,069,510 |
| Amount remaining of carryover balance | 2023-06-30 | 0 |
| Amount remaining of prefunding balance | 2023-06-30 | 1,069,510 |
| Present value of excess contributions | 2023-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2023-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2023-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2023-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2023-06-30 | 976,783 |
| Total employer contributions | 2023-06-30 | 0 |
| Total employee contributions | 2023-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2023-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2023-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2023-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2023-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2023-06-30 | 1,000 |
| Net shortfall amortization installment of oustanding balance | 2023-06-30 | 0 |
| Waiver amortization installment | 2023-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2023-06-30 | 0 |
| Additional cash requirement | 2023-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2023-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2023-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2023-06-30 | 0 |
| 2022: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-06-30 | 7,917,259 |
| Acturial value of plan assets | 2022-06-30 | 7,917,259 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 3,806,132 |
| Number of terminated vested participants | 2022-06-30 | 28 |
| Fundng target for terminated vested participants | 2022-06-30 | 704,204 |
| Active participant vested funding target | 2022-06-30 | 1,760,386 |
| Number of active participants | 2022-06-30 | 34 |
| Total funding liabilities for active participants | 2022-06-30 | 1,771,628 |
| Total participant count | 2022-06-30 | 103 |
| Total funding target for all participants | 2022-06-30 | 6,281,964 |
| Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 60,106 |
| Amount remaining of carryover balance | 2022-06-30 | 0 |
| Amount remaining of prefunding balance | 2022-06-30 | 60,106 |
| Present value of excess contributions | 2022-06-30 | 950,398 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 1,001,434 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-06-30 | 1,001,434 |
| Balance of carryovers at beginning of current year | 2022-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2022-06-30 | 1,069,510 |
| Total employer contributions | 2022-06-30 | 0 |
| Total employee contributions | 2022-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2022-06-30 | 4,000 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 0 |
| Additional cash requirement | 2022-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
| 2021: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-06-30 | 6,472,594 |
| Acturial value of plan assets | 2021-06-30 | 6,472,594 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 3,863,410 |
| Number of terminated vested participants | 2021-06-30 | 28 |
| Fundng target for terminated vested participants | 2021-06-30 | 707,667 |
| Active participant vested funding target | 2021-06-30 | 1,799,823 |
| Number of active participants | 2021-06-30 | 39 |
| Total funding liabilities for active participants | 2021-06-30 | 1,841,411 |
| Total participant count | 2021-06-30 | 106 |
| Total funding target for all participants | 2021-06-30 | 6,412,488 |
| Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 132,972 |
| Amount remaining of carryover balance | 2021-06-30 | 0 |
| Amount remaining of prefunding balance | 2021-06-30 | 132,972 |
| Present value of excess contributions | 2021-06-30 | 89,779 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 94,751 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 78,703 |
| Balance of carryovers at beginning of current year | 2021-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2021-06-30 | 60,106 |
| Total employer contributions | 2021-06-30 | 1,000,000 |
| Total employee contributions | 2021-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 950,398 |
| Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2021-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 0 |
| Additional cash requirement | 2021-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 950,398 |
| Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2021-06-30 | 0 |
| 2020: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-06-30 | 6,429,085 |
| Acturial value of plan assets | 2020-06-30 | 6,429,085 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-06-30 | 3,867,084 |
| Number of terminated vested participants | 2020-06-30 | 29 |
| Fundng target for terminated vested participants | 2020-06-30 | 729,924 |
| Active participant vested funding target | 2020-06-30 | 1,657,492 |
| Number of active participants | 2020-06-30 | 41 |
| Total funding liabilities for active participants | 2020-06-30 | 1,699,105 |
| Total participant count | 2020-06-30 | 107 |
| Total funding target for all participants | 2020-06-30 | 6,296,113 |
| Balance at beginning of prior year after applicable adjustments | 2020-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-06-30 | 126,421 |
| Amount remaining of carryover balance | 2020-06-30 | 0 |
| Amount remaining of prefunding balance | 2020-06-30 | 126,421 |
| Present value of excess contributions | 2020-06-30 | 234,689 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-06-30 | 248,137 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-06-30 | 2,341 |
| Balance of carryovers at beginning of current year | 2020-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2020-06-30 | 132,972 |
| Total employer contributions | 2020-06-30 | 100,000 |
| Total employee contributions | 2020-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-06-30 | 94,779 |
| Unpaid minimum required contributions for all prior years | 2020-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2020-06-30 | 5,000 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-06-30 | 5,000 |
| Additional cash requirement | 2020-06-30 | 5,000 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-06-30 | 94,779 |
| Unpaid minimum required contributions for current year | 2020-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2020-06-30 | 0 |
| 2019: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-06-30 | 6,326,062 |
| Acturial value of plan assets | 2019-06-30 | 6,326,062 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-06-30 | 3,886,411 |
| Number of terminated vested participants | 2019-06-30 | 26 |
| Fundng target for terminated vested participants | 2019-06-30 | 652,729 |
| Active participant vested funding target | 2019-06-30 | 1,537,733 |
| Number of active participants | 2019-06-30 | 48 |
| Total funding liabilities for active participants | 2019-06-30 | 1,660,501 |
| Total participant count | 2019-06-30 | 110 |
| Total funding target for all participants | 2019-06-30 | 6,199,641 |
| Balance at beginning of prior year after applicable adjustments | 2019-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-06-30 | 624,908 |
| Amount remaining of carryover balance | 2019-06-30 | 0 |
| Amount remaining of prefunding balance | 2019-06-30 | 624,908 |
| Present value of excess contributions | 2019-06-30 | 161,253 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-06-30 | 170,767 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-06-30 | 503,611 |
| Balance of carryovers at beginning of current year | 2019-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2019-06-30 | 126,421 |
| Total employer contributions | 2019-06-30 | 250,000 |
| Total employee contributions | 2019-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-06-30 | 234,689 |
| Unpaid minimum required contributions for all prior years | 2019-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2019-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-06-30 | 0 |
| Additional cash requirement | 2019-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-06-30 | 234,689 |
| Unpaid minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2019-06-30 | 0 |
| 2018: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-06-30 | 6,333,852 |
| Acturial value of plan assets | 2018-06-30 | 6,333,852 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-06-30 | 3,837,558 |
| Number of terminated vested participants | 2018-06-30 | 23 |
| Fundng target for terminated vested participants | 2018-06-30 | 488,477 |
| Active participant vested funding target | 2018-06-30 | 1,277,466 |
| Number of active participants | 2018-06-30 | 44 |
| Total funding liabilities for active participants | 2018-06-30 | 1,380,213 |
| Total participant count | 2018-06-30 | 104 |
| Total funding target for all participants | 2018-06-30 | 5,706,248 |
| Balance at beginning of prior year after applicable adjustments | 2018-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-06-30 | 794,747 |
| Prefunding balanced used to offset prior years funding requirement | 2018-06-30 | 0 |
| Amount remaining of carryover balance | 2018-06-30 | 0 |
| Amount remaining of prefunding balance | 2018-06-30 | 794,747 |
| Present value of excess contributions | 2018-06-30 | 91,952 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-06-30 | 97,543 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-06-30 | 192,251 |
| Balance of carryovers at beginning of current year | 2018-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2018-06-30 | 624,908 |
| Total employer contributions | 2018-06-30 | 300,000 |
| Total employee contributions | 2018-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-06-30 | 280,585 |
| Remaining amount of unpaid minimum required contributions | 2018-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2018-06-30 | 122,028 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-06-30 | 119,332 |
| Additional cash requirement | 2018-06-30 | 119,332 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-06-30 | 280,585 |
| Unpaid minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2018-06-30 | 0 |
| 2017: FIRST FEDERAL BANK EMPLOYEES' PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-06-30 | 6,285,569 |
| Acturial value of plan assets | 2017-06-30 | 6,285,569 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-06-30 | 3,633,616 |
| Number of terminated vested participants | 2017-06-30 | 20 |
| Fundng target for terminated vested participants | 2017-06-30 | 491,385 |
| Active participant vested funding target | 2017-06-30 | 1,290,146 |
| Number of active participants | 2017-06-30 | 52 |
| Total funding liabilities for active participants | 2017-06-30 | 1,365,821 |
| Total participant count | 2017-06-30 | 106 |
| Total funding target for all participants | 2017-06-30 | 5,490,822 |
| Balance at beginning of prior year after applicable adjustments | 2017-06-30 | 15,183 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-06-30 | 676,218 |
| Amount remaining of carryover balance | 2017-06-30 | 15,183 |
| Amount remaining of prefunding balance | 2017-06-30 | 676,218 |
| Present value of excess contributions | 2017-06-30 | 587,455 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-06-30 | 624,288 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-06-30 | 90,872 |
| Reductions in caryover balances due to elections or deemed elections | 2017-06-30 | 15,804 |
| Balance of carryovers at beginning of current year | 2017-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2017-06-30 | 794,747 |
| Total employer contributions | 2017-06-30 | 200,000 |
| Total employee contributions | 2017-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-06-30 | 187,130 |
| Liquidity shortfalls end of Q1 | 2017-06-30 | 0 |
| Liquidity shortfalls end of Q2 | 2017-06-30 | 0 |
| Liquidity shortfalls end of Q3 | 2017-06-30 | 0 |
| Liquidity shortfalls end of Q4 | 2017-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2017-06-30 | 95,178 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-06-30 | 95,178 |
| Additional cash requirement | 2017-06-30 | 95,178 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-06-30 | 187,130 |
| Unpaid minimum required contributions for current year | 2017-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2017-06-30 | 0 |