401k Plan data: MEMBERS FIRST CREDIT UNION PENSION PLAN plan

MEMBERS FIRST CREDIT UNION PENSION PLAN 401k Plan overview

Plan Name	MEMBERS FIRST CREDIT UNION PENSION PLAN
Plan identification number	002

MEMBERS FIRST CREDIT UNION PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
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

MEMBERS FIRST CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: MEMBERS FIRST CREDIT UNION

Employer identification number (EIN): 741142836

NAIC Classification: 522298
NAIC Description: All Other Nondepository Credit Intermediation

Additional information about MEMBERS FIRST CREDIT UNION

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 736886

More information about MEMBERS FIRST CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEMBERS FIRST CREDIT UNION PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 WANDA MUESSEL 2023-08-29
002 2021-01-01 WANDA MUESSEL 2022-10-05
002 2020-01-01 GREG FAIR 2021-09-29
002 2019-01-01 GREG FAIR 2020-07-29
002 2018-01-01 GREG FAIR 2019-10-02
002 2017-01-01
002 2016-01-01 GREG FAIR 2017-07-31
002 2015-01-01 GREG FAIR 2016-07-19
002 2014-01-01 GREG FAIR 2015-10-07
002 2013-01-01 GREG FAIR 2014-10-15
002 2012-01-01 GREG FAIR 2013-07-29
002 2011-01-01 GREG FAIR 2012-10-09
002 2010-01-01 GREG FAIR 2011-09-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2022-01-01	WANDA MUESSEL	2023-08-29
002	2021-01-01	WANDA MUESSEL	2022-10-05
002	2020-01-01	GREG FAIR	2021-09-29
002	2019-01-01	GREG FAIR	2020-07-29
002	2018-01-01	GREG FAIR	2019-10-02
002	2017-01-01
002	2016-01-01	GREG FAIR	2017-07-31
002	2015-01-01	GREG FAIR	2016-07-19
002	2014-01-01	GREG FAIR	2015-10-07
002	2013-01-01	GREG FAIR	2014-10-15
002	2012-01-01	GREG FAIR	2013-07-29
002	2011-01-01	GREG FAIR	2012-10-09
002	2010-01-01	GREG FAIR	2011-09-29

Plan Statistics for MEMBERS FIRST CREDIT UNION PENSION PLAN

401k plan membership statisitcs for MEMBERS FIRST CREDIT UNION PENSION PLAN

Measure Date Value
2022: MEMBERS FIRST CREDIT UNION PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 7,474,795
Acturial value of plan assets 2022-12-31 7,474,795
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 433,326
Number of terminated vested participants 2022-12-31 11
Fundng target for terminated vested participants 2022-12-31 176,564
Active participant vested funding target 2022-12-31 1,811,408
Number of active participants 2022-12-31 30
Total funding liabilities for active participants 2022-12-31 1,829,106
Total participant count 2022-12-31 44
Total funding target for all participants 2022-12-31 2,438,996
Balance at beginning of prior year after applicable adjustments 2022-12-31 902,035
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 1,560,213
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 902,035
Amount remaining of prefunding balance 2022-12-31 1,560,213
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 1,080,187
Balance of prefunding at beginning of current year 2022-12-31 1,868,355
Total employer contributions 2022-12-31 0
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 146,946
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: MEMBERS FIRST CREDIT UNION PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 6,310,416
Acturial value of plan assets 2021-12-31 6,310,416
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 437,012
Number of terminated vested participants 2021-12-31 10
Fundng target for terminated vested participants 2021-12-31 133,561
Active participant vested funding target 2021-12-31 1,572,540
Number of active participants 2021-12-31 33
Total funding liabilities for active participants 2021-12-31 1,595,224
Total participant count 2021-12-31 46
Total funding target for all participants 2021-12-31 2,165,797
Balance at beginning of prior year after applicable adjustments 2021-12-31 755,726
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 1,307,149
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 755,726
Amount remaining of prefunding balance 2021-12-31 1,307,149
Present value of excess contributions 2021-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 0
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 902,035
Balance of prefunding at beginning of current year 2021-12-31 1,560,213
Total employer contributions 2021-12-31 0
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 139,695
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 0
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 0
Additional cash requirement 2021-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: MEMBERS FIRST CREDIT UNION PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 5,339,765
Acturial value of plan assets 2020-12-31 5,339,765
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 249,093
Number of terminated vested participants 2020-12-31 9
Fundng target for terminated vested participants 2020-12-31 128,942
Active participant vested funding target 2020-12-31 1,625,417
Number of active participants 2020-12-31 33
Total funding liabilities for active participants 2020-12-31 1,638,283
Total participant count 2020-12-31 44
Total funding target for all participants 2020-12-31 2,016,318
Balance at beginning of prior year after applicable adjustments 2020-12-31 603,278
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 1,043,465
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 603,278
Amount remaining of prefunding balance 2020-12-31 1,043,465
Present value of excess contributions 2020-12-31 1,293,125
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 1,366,445
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 755,726
Balance of prefunding at beginning of current year 2020-12-31 1,307,149
Total employer contributions 2020-12-31 0
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 76,540
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 0
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: MEMBERS FIRST CREDIT UNION PENSION PLAN 2019 401k membership
Market value of plan assets 2019-12-31 3,192,667
Acturial value of plan assets 2019-12-31 3,192,667
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 71,382
Number of terminated vested participants 2019-12-31 8
Fundng target for terminated vested participants 2019-12-31 145,824
Active participant vested funding target 2019-12-31 1,655,916
Number of active participants 2019-12-31 31
Total funding liabilities for active participants 2019-12-31 1,666,981
Total participant count 2019-12-31 40
Total funding target for all participants 2019-12-31 1,884,187
Balance at beginning of prior year after applicable adjustments 2019-12-31 683,687
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 1,130,392
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 30,152
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 653,535
Amount remaining of prefunding balance 2019-12-31 1,130,392
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 603,278
Balance of prefunding at beginning of current year 2019-12-31 1,043,465
Total employer contributions 2019-12-31 1,400,000
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 1,331,493
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 38,368
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 38,368
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 38,368
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 1,331,493
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: MEMBERS FIRST CREDIT UNION PENSION PLAN 2018 401k membership
Market value of plan assets 2018-12-31 3,463,314
Acturial value of plan assets 2018-12-31 3,463,314
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 6
Fundng target for terminated vested participants 2018-12-31 59,352
Active participant vested funding target 2018-12-31 1,385,775
Number of active participants 2018-12-31 35
Total funding liabilities for active participants 2018-12-31 1,531,862
Total participant count 2018-12-31 41
Total funding target for all participants 2018-12-31 1,591,214
Balance at beginning of prior year after applicable adjustments 2018-12-31 605,461
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 993,140
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 605,461
Amount remaining of prefunding balance 2018-12-31 993,140
Present value of excess contributions 2018-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 0
Reductions in caryover balances due to elections or deemed elections 2018-12-31 5,449
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 683,687
Balance of prefunding at beginning of current year 2018-12-31 1,130,392
Total employer contributions 2018-12-31 0
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 0
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 58,021
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 0
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: MEMBERS FIRST CREDIT UNION PENSION PLAN 2017 401k membership
Market value of plan assets 2017-12-31 3,042,716
Acturial value of plan assets 2017-12-31 3,042,716
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 6
Fundng target for terminated vested participants 2017-12-31 50,002
Active participant vested funding target 2017-12-31 973,007
Number of active participants 2017-12-31 33
Total funding liabilities for active participants 2017-12-31 1,273,874
Total participant count 2017-12-31 39
Total funding target for all participants 2017-12-31 1,323,876
Balance at beginning of prior year after applicable adjustments 2017-12-31 817,584
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 977,692
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 817,584
Amount remaining of prefunding balance 2017-12-31 977,692
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 225,041
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 605,461
Balance of prefunding at beginning of current year 2017-12-31 993,140
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 120,239
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 0
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: MEMBERS FIRST CREDIT UNION PENSION PLAN 2016 401k membership
Market value of plan assets 2016-12-31 2,995,250
Acturial value of plan assets 2016-12-31 2,995,250
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 6
Fundng target for terminated vested participants 2016-12-31 57,775
Active participant vested funding target 2016-12-31 785,472
Number of active participants 2016-12-31 34
Total funding liabilities for active participants 2016-12-31 1,054,452
Total participant count 2016-12-31 40
Total funding target for all participants 2016-12-31 1,112,227
Balance at beginning of prior year after applicable adjustments 2016-12-31 990,852
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 973,312
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 990,852
Amount remaining of prefunding balance 2016-12-31 973,312
Present value of excess contributions 2016-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 177,727
Balance of carryovers at beginning of current year 2016-12-31 817,584
Balance of prefunding at beginning of current year 2016-12-31 977,692
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 87,747
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: MEMBERS FIRST CREDIT UNION PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	7,474,795
Acturial value of plan assets	2022-12-31	7,474,795
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	433,326
Number of terminated vested participants	2022-12-31	11
Fundng target for terminated vested participants	2022-12-31	176,564
Active participant vested funding target	2022-12-31	1,811,408
Number of active participants	2022-12-31	30
Total funding liabilities for active participants	2022-12-31	1,829,106
Total participant count	2022-12-31	44
Total funding target for all participants	2022-12-31	2,438,996
Balance at beginning of prior year after applicable adjustments	2022-12-31	902,035
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	1,560,213
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	902,035
Amount remaining of prefunding balance	2022-12-31	1,560,213
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	1,080,187
Balance of prefunding at beginning of current year	2022-12-31	1,868,355
Total employer contributions	2022-12-31	0
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	146,946
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: MEMBERS FIRST CREDIT UNION PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	6,310,416
Acturial value of plan assets	2021-12-31	6,310,416
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	437,012
Number of terminated vested participants	2021-12-31	10
Fundng target for terminated vested participants	2021-12-31	133,561
Active participant vested funding target	2021-12-31	1,572,540
Number of active participants	2021-12-31	33
Total funding liabilities for active participants	2021-12-31	1,595,224
Total participant count	2021-12-31	46
Total funding target for all participants	2021-12-31	2,165,797
Balance at beginning of prior year after applicable adjustments	2021-12-31	755,726
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	1,307,149
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	755,726
Amount remaining of prefunding balance	2021-12-31	1,307,149
Present value of excess contributions	2021-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	0
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	902,035
Balance of prefunding at beginning of current year	2021-12-31	1,560,213
Total employer contributions	2021-12-31	0
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	139,695
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	0
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	0
Additional cash requirement	2021-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: MEMBERS FIRST CREDIT UNION PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	5,339,765
Acturial value of plan assets	2020-12-31	5,339,765
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	249,093
Number of terminated vested participants	2020-12-31	9
Fundng target for terminated vested participants	2020-12-31	128,942
Active participant vested funding target	2020-12-31	1,625,417
Number of active participants	2020-12-31	33
Total funding liabilities for active participants	2020-12-31	1,638,283
Total participant count	2020-12-31	44
Total funding target for all participants	2020-12-31	2,016,318
Balance at beginning of prior year after applicable adjustments	2020-12-31	603,278
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	1,043,465
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	603,278
Amount remaining of prefunding balance	2020-12-31	1,043,465
Present value of excess contributions	2020-12-31	1,293,125
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	1,366,445
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	755,726
Balance of prefunding at beginning of current year	2020-12-31	1,307,149
Total employer contributions	2020-12-31	0
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	76,540
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	0
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: MEMBERS FIRST CREDIT UNION PENSION PLAN 2019 401k membership
Market value of plan assets	2019-12-31	3,192,667
Acturial value of plan assets	2019-12-31	3,192,667
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	71,382
Number of terminated vested participants	2019-12-31	8
Fundng target for terminated vested participants	2019-12-31	145,824
Active participant vested funding target	2019-12-31	1,655,916
Number of active participants	2019-12-31	31
Total funding liabilities for active participants	2019-12-31	1,666,981
Total participant count	2019-12-31	40
Total funding target for all participants	2019-12-31	1,884,187
Balance at beginning of prior year after applicable adjustments	2019-12-31	683,687
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	1,130,392
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	30,152
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	653,535
Amount remaining of prefunding balance	2019-12-31	1,130,392
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	603,278
Balance of prefunding at beginning of current year	2019-12-31	1,043,465
Total employer contributions	2019-12-31	1,400,000
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	1,331,493
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	38,368
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	38,368
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	38,368
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	1,331,493
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: MEMBERS FIRST CREDIT UNION PENSION PLAN 2018 401k membership
Market value of plan assets	2018-12-31	3,463,314
Acturial value of plan assets	2018-12-31	3,463,314
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	6
Fundng target for terminated vested participants	2018-12-31	59,352
Active participant vested funding target	2018-12-31	1,385,775
Number of active participants	2018-12-31	35
Total funding liabilities for active participants	2018-12-31	1,531,862
Total participant count	2018-12-31	41
Total funding target for all participants	2018-12-31	1,591,214
Balance at beginning of prior year after applicable adjustments	2018-12-31	605,461
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	993,140
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	605,461
Amount remaining of prefunding balance	2018-12-31	993,140
Present value of excess contributions	2018-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	0
Reductions in caryover balances due to elections or deemed elections	2018-12-31	5,449
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	683,687
Balance of prefunding at beginning of current year	2018-12-31	1,130,392
Total employer contributions	2018-12-31	0
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	0
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	58,021
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	0
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: MEMBERS FIRST CREDIT UNION PENSION PLAN 2017 401k membership
Market value of plan assets	2017-12-31	3,042,716
Acturial value of plan assets	2017-12-31	3,042,716
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	6
Fundng target for terminated vested participants	2017-12-31	50,002
Active participant vested funding target	2017-12-31	973,007
Number of active participants	2017-12-31	33
Total funding liabilities for active participants	2017-12-31	1,273,874
Total participant count	2017-12-31	39
Total funding target for all participants	2017-12-31	1,323,876
Balance at beginning of prior year after applicable adjustments	2017-12-31	817,584
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	977,692
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	817,584
Amount remaining of prefunding balance	2017-12-31	977,692
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	225,041
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	605,461
Balance of prefunding at beginning of current year	2017-12-31	993,140
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	120,239
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	0
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: MEMBERS FIRST CREDIT UNION PENSION PLAN 2016 401k membership
Market value of plan assets	2016-12-31	2,995,250
Acturial value of plan assets	2016-12-31	2,995,250
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	6
Fundng target for terminated vested participants	2016-12-31	57,775
Active participant vested funding target	2016-12-31	785,472
Number of active participants	2016-12-31	34
Total funding liabilities for active participants	2016-12-31	1,054,452
Total participant count	2016-12-31	40
Total funding target for all participants	2016-12-31	1,112,227
Balance at beginning of prior year after applicable adjustments	2016-12-31	990,852
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	973,312
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	990,852
Amount remaining of prefunding balance	2016-12-31	973,312
Present value of excess contributions	2016-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	177,727
Balance of carryovers at beginning of current year	2016-12-31	817,584
Balance of prefunding at beginning of current year	2016-12-31	977,692
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	87,747
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	MEMBERS FIRST CREDIT UNION
Employer identification number (EIN):	741142836
NAIC Classification:	522298
NAIC Description:	All Other Nondepository Credit Intermediation

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	736886