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FIRST CREDIT BANK 401(K) PLAN 401k Plan overview

Plan NameFIRST CREDIT BANK 401(K) PLAN
Plan identification number 001

FIRST CREDIT BANK 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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

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

Company Name:FIRST CREDIT BANK
Employer identification number (EIN):953826469
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about FIRST CREDIT BANK

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1169451

More information about FIRST CREDIT BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST CREDIT BANK 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LES TRAUB2024-09-23
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01LESTER TRAUB2013-07-25 LESTER TRAUB2013-07-25
0012011-01-01LESTER TRAUB2012-08-15 LESTER TRAUB2012-08-15
0012010-01-01LES TRAUB
0012009-01-01LES TRAUB

Financial Data on FIRST CREDIT BANK 401(K) PLAN

Measure Date Value
2025 : FIRST CREDIT BANK 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-05300
Net assets as of the end of the plan year2025-06-053292392
Total assets as of the beginning of the plan year2025-06-052692569
Value of plan covered by a fidelity bond2025-06-05330000
Participant contributions to plan in this plan year2025-06-05141481
Value of participant loans at end of plan year2025-06-0529246
Other income to plan in this plan year2025-06-05458642
Plan net income in this plan year2025-06-05599823
Net assets as of the end of the plan year2025-06-053292392
Net assets as of the beginning of the plan year2025-06-052692569
Fees paid to broker by Benefit Provider2025-06-057380
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-05300
2024 : FIRST CREDIT BANK 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-230
Net assets as of the end of the plan year2024-09-232692569
Total assets as of the beginning of the plan year2024-09-232191268
Value of plan covered by a fidelity bond2024-09-23230000
Participant contributions to plan in this plan year2024-09-23125448
Value of participant loans at end of plan year2024-09-2313735
Other income to plan in this plan year2024-09-23375853
Plan net income in this plan year2024-09-23501301
Net assets as of the end of the plan year2024-09-232692569
Net assets as of the beginning of the plan year2024-09-232191268
Fees paid to broker by Benefit Provider2024-09-235915
2010 : FIRST CREDIT BANK 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$145,202
Expenses. Total of all expenses incurred2010-12-31$27,823
Benefits paid (including direct rollovers)2010-12-31$27,723
Total plan assets at end of year2010-12-31$677,255
Total plan assets at beginning of year2010-12-31$559,876
Value of fidelity bond covering the plan2010-12-31$50,000
Total contributions received or receivable from participants2010-12-31$87,948
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$57,254
Net income (gross income less expenses)2010-12-31$117,379
Net plan assets at end of year (total assets less liabilities)2010-12-31$677,255
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$559,876
Assets. Value of participant loans2010-12-31$15,784
Total contributions received or receivable from employer(s)2010-12-31$0
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$100

Form 5500 Responses for FIRST CREDIT BANK 401(K) PLAN

2010: FIRST CREDIT BANK 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: FIRST CREDIT BANK 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METLIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 87726 )
Policy contract number926111
Policy instance 1

Potentially related plans

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