THE HEALTH & EDUCATION FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
401k plan membership statisitcs for THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
Measure | Date | Value |
---|
2023: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2023 401k membership |
---|
Market value of plan assets | 2023-05-31 | 5,463,417 |
Acturial value of plan assets | 2023-05-31 | 5,463,417 |
Funding target for retired participants and beneficiaries receiving payment | 2023-05-31 | 0 |
Number of terminated vested participants | 2023-05-31 | 4 |
Fundng target for terminated vested participants | 2023-05-31 | 324,235 |
Active participant vested funding target | 2023-05-31 | 2,348,317 |
Number of active participants | 2023-05-31 | 18 |
Total funding liabilities for active participants | 2023-05-31 | 2,349,820 |
Total participant count | 2023-05-31 | 22 |
Total funding target for all participants | 2023-05-31 | 2,674,055 |
Balance at beginning of prior year after applicable adjustments | 2023-05-31 | 159,570 |
Prefunding balance at beginning of prior year after applicable adjustments | 2023-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2023-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2023-05-31 | 0 |
Amount remaining of carryover balance | 2023-05-31 | 159,570 |
Amount remaining of prefunding balance | 2023-05-31 | 0 |
Present value of excess contributions | 2023-05-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2023-05-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2023-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2023-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2023-05-31 | 0 |
Balance of carryovers at beginning of current year | 2023-05-31 | 157,942 |
Balance of prefunding at beginning of current year | 2023-05-31 | 0 |
Total employer contributions | 2023-05-31 | 0 |
Total employee contributions | 2023-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2023-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2023-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2023-05-31 | 0 |
Unpaid minimum required contributions for all prior years | 2023-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2023-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2023-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2023-05-31 | 55,363 |
Net shortfall amortization installment of oustanding balance | 2023-05-31 | 0 |
Waiver amortization installment | 2023-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2023-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2023-05-31 | 0 |
Additional cash requirement | 2023-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2023-05-31 | 0 |
Unpaid minimum required contributions for current year | 2023-05-31 | 0 |
Unpaid minimum required contributions for all years | 2023-05-31 | 0 |
2022: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2022 401k membership |
---|
Market value of plan assets | 2022-05-31 | 5,536,490 |
Acturial value of plan assets | 2022-05-31 | 5,536,490 |
Funding target for retired participants and beneficiaries receiving payment | 2022-05-31 | 0 |
Number of terminated vested participants | 2022-05-31 | 3 |
Fundng target for terminated vested participants | 2022-05-31 | 1,067 |
Active participant vested funding target | 2022-05-31 | 2,321,819 |
Number of active participants | 2022-05-31 | 19 |
Total funding liabilities for active participants | 2022-05-31 | 2,335,522 |
Total participant count | 2022-05-31 | 22 |
Total funding target for all participants | 2022-05-31 | 2,336,589 |
Balance at beginning of prior year after applicable adjustments | 2022-05-31 | 150,226 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-05-31 | 0 |
Amount remaining of carryover balance | 2022-05-31 | 150,226 |
Amount remaining of prefunding balance | 2022-05-31 | 0 |
Present value of excess contributions | 2022-05-31 | 1,851,676 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-05-31 | 1,945,186 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-05-31 | 0 |
Balance of carryovers at beginning of current year | 2022-05-31 | 159,570 |
Balance of prefunding at beginning of current year | 2022-05-31 | 0 |
Total employer contributions | 2022-05-31 | 0 |
Total employee contributions | 2022-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-05-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-05-31 | 72,315 |
Net shortfall amortization installment of oustanding balance | 2022-05-31 | 0 |
Waiver amortization installment | 2022-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-05-31 | 0 |
Additional cash requirement | 2022-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-05-31 | 0 |
Unpaid minimum required contributions for current year | 2022-05-31 | 0 |
Unpaid minimum required contributions for all years | 2022-05-31 | 0 |
2021: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2021 401k membership |
---|
Market value of plan assets | 2021-05-31 | 4,223,657 |
Acturial value of plan assets | 2021-05-31 | 4,223,657 |
Funding target for retired participants and beneficiaries receiving payment | 2021-05-31 | 0 |
Number of terminated vested participants | 2021-05-31 | 4 |
Fundng target for terminated vested participants | 2021-05-31 | 235,659 |
Active participant vested funding target | 2021-05-31 | 2,599,029 |
Number of active participants | 2021-05-31 | 20 |
Total funding liabilities for active participants | 2021-05-31 | 2,612,682 |
Total participant count | 2021-05-31 | 24 |
Total funding target for all participants | 2021-05-31 | 2,848,341 |
Balance at beginning of prior year after applicable adjustments | 2021-05-31 | 149,315 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-05-31 | 0 |
Amount remaining of carryover balance | 2021-05-31 | 149,315 |
Amount remaining of prefunding balance | 2021-05-31 | 0 |
Present value of excess contributions | 2021-05-31 | 461,488 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-05-31 | 485,532 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-05-31 | 0 |
Balance of carryovers at beginning of current year | 2021-05-31 | 150,226 |
Balance of prefunding at beginning of current year | 2021-05-31 | 0 |
Total employer contributions | 2021-05-31 | 1,862,634 |
Total employee contributions | 2021-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-05-31 | 1,851,676 |
Unpaid minimum required contributions for all prior years | 2021-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-05-31 | 122,340 |
Net shortfall amortization installment of oustanding balance | 2021-05-31 | 0 |
Waiver amortization installment | 2021-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-05-31 | 0 |
Additional cash requirement | 2021-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-05-31 | 1,851,676 |
Unpaid minimum required contributions for current year | 2021-05-31 | 0 |
Unpaid minimum required contributions for all years | 2021-05-31 | 0 |
2020: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2020 401k membership |
---|
Market value of plan assets | 2020-05-31 | 3,958,072 |
Acturial value of plan assets | 2020-05-31 | 3,958,072 |
Funding target for retired participants and beneficiaries receiving payment | 2020-05-31 | 0 |
Number of terminated vested participants | 2020-05-31 | 3 |
Fundng target for terminated vested participants | 2020-05-31 | 949 |
Active participant vested funding target | 2020-05-31 | 2,619,697 |
Number of active participants | 2020-05-31 | 21 |
Total funding liabilities for active participants | 2020-05-31 | 2,631,904 |
Total participant count | 2020-05-31 | 24 |
Total funding target for all participants | 2020-05-31 | 2,632,853 |
Balance at beginning of prior year after applicable adjustments | 2020-05-31 | 149,764 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-05-31 | 0 |
Amount remaining of carryover balance | 2020-05-31 | 149,764 |
Amount remaining of prefunding balance | 2020-05-31 | 0 |
Present value of excess contributions | 2020-05-31 | 210,436 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-05-31 | 221,652 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-05-31 | 0 |
Balance of carryovers at beginning of current year | 2020-05-31 | 149,315 |
Balance of prefunding at beginning of current year | 2020-05-31 | 0 |
Total employer contributions | 2020-05-31 | 481,400 |
Total employee contributions | 2020-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-05-31 | 461,488 |
Unpaid minimum required contributions for all prior years | 2020-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-05-31 | 141,272 |
Net shortfall amortization installment of oustanding balance | 2020-05-31 | 0 |
Waiver amortization installment | 2020-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-05-31 | 0 |
Additional cash requirement | 2020-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-05-31 | 461,488 |
Unpaid minimum required contributions for current year | 2020-05-31 | 0 |
Unpaid minimum required contributions for all years | 2020-05-31 | 0 |
2019: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2019 401k membership |
---|
Market value of plan assets | 2019-05-31 | 3,753,010 |
Acturial value of plan assets | 2019-05-31 | 3,753,010 |
Funding target for retired participants and beneficiaries receiving payment | 2019-05-31 | 0 |
Number of terminated vested participants | 2019-05-31 | 2 |
Fundng target for terminated vested participants | 2019-05-31 | 758 |
Active participant vested funding target | 2019-05-31 | 2,261,969 |
Number of active participants | 2019-05-31 | 28 |
Total funding liabilities for active participants | 2019-05-31 | 2,271,062 |
Total participant count | 2019-05-31 | 30 |
Total funding target for all participants | 2019-05-31 | 2,271,820 |
Balance at beginning of prior year after applicable adjustments | 2019-05-31 | 144,323 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-05-31 | 0 |
Amount remaining of carryover balance | 2019-05-31 | 144,323 |
Amount remaining of prefunding balance | 2019-05-31 | 0 |
Present value of excess contributions | 2019-05-31 | 482,089 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-05-31 | 508,315 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-05-31 | 0 |
Balance of carryovers at beginning of current year | 2019-05-31 | 149,764 |
Balance of prefunding at beginning of current year | 2019-05-31 | 0 |
Total employer contributions | 2019-05-31 | 216,510 |
Total employee contributions | 2019-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-05-31 | 210,436 |
Unpaid minimum required contributions for all prior years | 2019-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-05-31 | 159,478 |
Net shortfall amortization installment of oustanding balance | 2019-05-31 | 0 |
Waiver amortization installment | 2019-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2019-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-05-31 | 0 |
Additional cash requirement | 2019-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-05-31 | 210,436 |
Unpaid minimum required contributions for current year | 2019-05-31 | 0 |
Unpaid minimum required contributions for all years | 2019-05-31 | 0 |
2018: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2018 401k membership |
---|
Market value of plan assets | 2018-05-31 | 3,448,786 |
Acturial value of plan assets | 2018-05-31 | 3,448,786 |
Funding target for retired participants and beneficiaries receiving payment | 2018-05-31 | 0 |
Number of terminated vested participants | 2018-05-31 | 1 |
Fundng target for terminated vested participants | 2018-05-31 | 599 |
Active participant vested funding target | 2018-05-31 | 2,231,077 |
Number of active participants | 2018-05-31 | 27 |
Total funding liabilities for active participants | 2018-05-31 | 2,235,082 |
Total participant count | 2018-05-31 | 28 |
Total funding target for all participants | 2018-05-31 | 2,235,681 |
Balance at beginning of prior year after applicable adjustments | 2018-05-31 | 139,916 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-05-31 | 0 |
Amount remaining of carryover balance | 2018-05-31 | 139,916 |
Amount remaining of prefunding balance | 2018-05-31 | 0 |
Present value of excess contributions | 2018-05-31 | 485,876 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-05-31 | 513,522 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-05-31 | 0 |
Balance of carryovers at beginning of current year | 2018-05-31 | 144,323 |
Balance of prefunding at beginning of current year | 2018-05-31 | 0 |
Total employer contributions | 2018-05-31 | 500,000 |
Total employee contributions | 2018-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-05-31 | 482,089 |
Unpaid minimum required contributions for all prior years | 2018-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-05-31 | 139,549 |
Net shortfall amortization installment of oustanding balance | 2018-05-31 | 0 |
Waiver amortization installment | 2018-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2018-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-05-31 | 0 |
Additional cash requirement | 2018-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-05-31 | 482,089 |
Unpaid minimum required contributions for current year | 2018-05-31 | 0 |
Unpaid minimum required contributions for all years | 2018-05-31 | 0 |
2017: THE HEALTH & EDUCATION FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2017 401k membership |
---|
Market value of plan assets | 2017-05-31 | 2,859,099 |
Acturial value of plan assets | 2017-05-31 | 2,859,099 |
Funding target for retired participants and beneficiaries receiving payment | 2017-05-31 | 0 |
Number of terminated vested participants | 2017-05-31 | 3 |
Fundng target for terminated vested participants | 2017-05-31 | 8,190 |
Active participant vested funding target | 2017-05-31 | 1,887,317 |
Number of active participants | 2017-05-31 | 24 |
Total funding liabilities for active participants | 2017-05-31 | 1,887,805 |
Total participant count | 2017-05-31 | 27 |
Total funding target for all participants | 2017-05-31 | 1,895,995 |
Balance at beginning of prior year after applicable adjustments | 2017-05-31 | 153,366 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-05-31 | 0 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-05-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-05-31 | 0 |
Amount remaining of carryover balance | 2017-05-31 | 153,366 |
Amount remaining of prefunding balance | 2017-05-31 | 0 |
Present value of excess contributions | 2017-05-31 | 294,469 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-05-31 | 312,225 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-05-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-05-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-05-31 | 0 |
Balance of carryovers at beginning of current year | 2017-05-31 | 139,916 |
Balance of prefunding at beginning of current year | 2017-05-31 | 0 |
Total employer contributions | 2017-05-31 | 500,000 |
Total employee contributions | 2017-05-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-05-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-05-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-05-31 | 485,876 |
Unpaid minimum required contributions for all prior years | 2017-05-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-05-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-05-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-05-31 | 110,812 |
Net shortfall amortization installment of oustanding balance | 2017-05-31 | 0 |
Waiver amortization installment | 2017-05-31 | 0 |
Waived amount of outstanding balance | 2017-05-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-05-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2017-05-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-05-31 | 0 |
Additional cash requirement | 2017-05-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-05-31 | 485,876 |
Unpaid minimum required contributions for current year | 2017-05-31 | 0 |
Unpaid minimum required contributions for all years | 2017-05-31 | 0 |