FIRST FED BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan FIRST FEDERAL DEFINED BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2025: FIRST FEDERAL DEFINED BENEFIT PLAN 2025 401k membership |
|---|
| Total number of particpants at beginning of year | 2025-10-16 | 107 |
| Total number of particpants at end of year | 2025-10-16 | 102 |
| Number of Participants With Account Balances | 2025-10-16 | 0 |
| 2024: FIRST FEDERAL DEFINED BENEFIT PLAN 2024 401k membership |
|---|
| Total number of particpants at beginning of year | 2024-10-08 | 109 |
| Total number of particpants at end of year | 2024-10-08 | 107 |
| Number of Participants With Account Balances | 2024-10-08 | 0 |
| 2022: FIRST FEDERAL DEFINED BENEFIT PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 15,822,222 |
| Acturial value of plan assets | 2022-12-31 | 15,822,222 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 4,999,871 |
| Number of terminated vested participants | 2022-12-31 | 60 |
| Fundng target for terminated vested participants | 2022-12-31 | 3,121,901 |
| Active participant vested funding target | 2022-12-31 | 2,525,599 |
| Number of active participants | 2022-12-31 | 21 |
| Total funding liabilities for active participants | 2022-12-31 | 2,713,091 |
| Total participant count | 2022-12-31 | 113 |
| Total funding target for all participants | 2022-12-31 | 10,834,863 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 1,707,619 |
| 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 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 1,707,619 |
| 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 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 1,908,777 |
| 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 | 86,000 |
| 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 |
| Total participants, beginning-of-year | 2022-01-01 | 113 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 17 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 34 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 58 |
| Total of all active and inactive participants | 2022-01-01 | 109 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 109 |
| Number of participants with account balances | 2022-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| 2021: FIRST FEDERAL DEFINED BENEFIT PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 14,552,802 |
| Acturial value of plan assets | 2021-12-31 | 14,552,802 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 4,928,627 |
| Number of terminated vested participants | 2021-12-31 | 61 |
| Fundng target for terminated vested participants | 2021-12-31 | 2,769,525 |
| Active participant vested funding target | 2021-12-31 | 2,728,302 |
| Number of active participants | 2021-12-31 | 23 |
| Total funding liabilities for active participants | 2021-12-31 | 3,006,766 |
| Total participant count | 2021-12-31 | 116 |
| Total funding target for all participants | 2021-12-31 | 10,704,918 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 1,707,619 |
| 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 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 1,707,619 |
| 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 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 1,707,619 |
| 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 |
| Liquidity shortfalls end of Q1 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q2 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q3 | 2021-12-31 | 0 |
| Liquidity shortfalls end of Q4 | 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 | 120,000 |
| 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 |
| Total participants, beginning-of-year | 2021-01-01 | 116 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 21 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 32 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 59 |
| Total of all active and inactive participants | 2021-01-01 | 112 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
| Total participants | 2021-01-01 | 112 |
| Number of participants with account balances | 2021-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2025 : FIRST FEDERAL DEFINED BENEFIT PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-10-16 | 0 |
| Total liabilities as of the end of the plan year | 2025-10-16 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-10-16 | 0 |
| Total expenses incurred by plan in this plan year | 2025-10-16 | 877339 |
| Net assets as of the end of the plan year | 2025-10-16 | 10216713 |
| Total assets as of the beginning of the plan year | 2025-10-16 | 10922593 |
| Value of plan covered by a fidelity bond | 2025-10-16 | 3000000 |
| Participant contributions to plan in this plan year | 2025-10-16 | 0 |
| Other expenses paid from plan in this plan year | 2025-10-16 | 10807 |
| Other contributions to plan in this plan year | 2025-10-16 | 0 |
| Other income to plan in this plan year | 2025-10-16 | 144459 |
| Plan net income in this plan year | 2025-10-16 | -705880 |
| Net assets as of the end of the plan year | 2025-10-16 | 10216713 |
| Net assets as of the beginning of the plan year | 2025-10-16 | 10922593 |
| Employer contributions to plan in this plan year | 2025-10-16 | 27000 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-16 | 95590 |
| 2024 : FIRST FEDERAL DEFINED BENEFIT PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-10-08 | 0 |
| Total liabilities as of the end of the plan year | 2024-10-08 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-10-08 | 0 |
| Total expenses incurred by plan in this plan year | 2024-10-08 | 773206 |
| Net assets as of the end of the plan year | 2024-10-08 | 10922593 |
| Total assets as of the beginning of the plan year | 2024-10-08 | 10813568 |
| Value of plan covered by a fidelity bond | 2024-10-08 | 3000000 |
| Other expenses paid from plan in this plan year | 2024-10-08 | 10464 |
| Other contributions to plan in this plan year | 2024-10-08 | 0 |
| Other income to plan in this plan year | 2024-10-08 | 882231 |
| Plan net income in this plan year | 2024-10-08 | 109025 |
| Net assets as of the end of the plan year | 2024-10-08 | 10922593 |
| Net assets as of the beginning of the plan year | 2024-10-08 | 10813568 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-10-08 | 94882 |
| 2022 : FIRST FEDERAL DEFINED BENEFIT PLAN 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $0 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $-3,599,876 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $1,406,980 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $1,299,886 |
| Total plan assets at end of year | 2022-12-31 | $10,813,568 |
| Total plan assets at beginning of year | 2022-12-31 | $15,820,424 |
| Value of fidelity bond covering the plan | 2022-12-31 | $3,000,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $9,944 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $-3,599,876 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $-5,006,856 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $10,813,568 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $15,820,424 |
| Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year | 2022-12-31 | $0 |
| Value of leases to which the plan was a party in default or classified as uncollectible during the plan year | 2022-12-31 | $0 |
| Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102 | 2022-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $97,150 |
| 2021 : FIRST FEDERAL DEFINED BENEFIT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $14,705,316 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $1,709,629 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $594,521 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $502,307 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
| Value of total assets at end of year | 2021-12-31 | $15,820,424 |
| Value of total assets at beginning of year | 2021-12-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $92,214 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,115,108 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $15,820,424 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $15,820,424 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $1,709,629 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $502,307 |
| Contract administrator fees | 2021-12-31 | $92,214 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | MOSS ADAMS |
| Accountancy firm EIN | 2021-12-31 | 910189318 |
