401k Plan data: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES plan

UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 401k Plan overview

Plan Name	UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES
Plan identification number	001

UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 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). Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).

401k Sponsoring company profile

UTILITIES EMPLOYEES CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: UTILITIES EMPLOYEES CREDIT UNION

Employer identification number (EIN): 231278971

NAIC Classification: 522130
NAIC Description: Credit Unions

Additional information about UTILITIES EMPLOYEES CREDIT UNION

Jurisdiction of Incorporation: COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE

Incorporation Date:

Company Identification Number: 4640

More information about UTILITIES EMPLOYEES CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 PHILLIP GEIGER 2023-07-27
001 2021-01-01 PHILLIP GEIGER 2022-06-28
001 2020-01-01 PHILLIP GEIGER 2021-07-14
001 2019-01-01 PHILLIP GEIGER 2020-07-03
001 2018-01-01 PHILLIP GEIGER 2019-07-29
001 2017-01-01 PHILLIP GEIGER 2018-07-26
001 2016-01-01 BRET KREVOLIN 2017-07-27
001 2015-01-01 BRET KREVOLIN 2016-07-26
001 2014-01-01 BRET KREVOLIN 2015-09-29
001 2013-01-01 BRET KREVOLIN 2014-10-03
001 2012-01-01 PATRICIA ZYMA 2013-10-02
001 2011-01-01 PATRICIA ZYMA 2012-10-04
001 2010-01-01 PATRICIA ZYMA 2011-09-09

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	PHILLIP GEIGER	2023-07-27
001	2021-01-01	PHILLIP GEIGER	2022-06-28
001	2020-01-01	PHILLIP GEIGER	2021-07-14
001	2019-01-01	PHILLIP GEIGER	2020-07-03
001	2018-01-01	PHILLIP GEIGER	2019-07-29
001	2017-01-01	PHILLIP GEIGER	2018-07-26
001	2016-01-01	BRET KREVOLIN	2017-07-27
001	2015-01-01	BRET KREVOLIN	2016-07-26
001	2014-01-01	BRET KREVOLIN	2015-09-29
001	2013-01-01	BRET KREVOLIN	2014-10-03
001	2012-01-01	PATRICIA ZYMA	2013-10-02
001	2011-01-01	PATRICIA ZYMA	2012-10-04
001	2010-01-01	PATRICIA ZYMA	2011-09-09

Plan Statistics for UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES

401k plan membership statisitcs for UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES

Measure Date Value
2022: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2022 401k membership
Market value of plan assets 2022-12-31 16,846,753
Acturial value of plan assets 2022-12-31 16,846,753
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 6,330,114
Number of terminated vested participants 2022-12-31 35
Fundng target for terminated vested participants 2022-12-31 1,454,437
Active participant vested funding target 2022-12-31 3,198,523
Number of active participants 2022-12-31 34
Total funding liabilities for active participants 2022-12-31 3,198,523
Total participant count 2022-12-31 101
Total funding target for all participants 2022-12-31 10,983,074
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 0
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 0
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 0
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 68,000
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
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2021 401k membership
Market value of plan assets 2021-12-31 15,465,778
Acturial value of plan assets 2021-12-31 15,465,778
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 6,133,789
Number of terminated vested participants 2021-12-31 38
Fundng target for terminated vested participants 2021-12-31 2,158,546
Active participant vested funding target 2021-12-31 3,001,448
Number of active participants 2021-12-31 35
Total funding liabilities for active participants 2021-12-31 3,343,633
Total participant count 2021-12-31 102
Total funding target for all participants 2021-12-31 11,635,968
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 0
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 0
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 0
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 61,000
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
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2020 401k membership
Market value of plan assets 2020-12-31 13,815,878
Acturial value of plan assets 2020-12-31 13,815,878
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 5,688,004
Number of terminated vested participants 2020-12-31 38
Fundng target for terminated vested participants 2020-12-31 1,962,837
Active participant vested funding target 2020-12-31 3,002,073
Number of active participants 2020-12-31 37
Total funding liabilities for active participants 2020-12-31 3,323,491
Total participant count 2020-12-31 102
Total funding target for all participants 2020-12-31 10,974,332
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
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 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
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 0
Balance of prefunding at beginning of current year 2020-12-31 0
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 58,000
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2019 401k membership
Market value of plan assets 2019-12-31 11,849,175
Acturial value of plan assets 2019-12-31 11,849,175
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 5,758,263
Number of terminated vested participants 2019-12-31 32
Fundng target for terminated vested participants 2019-12-31 1,599,701
Active participant vested funding target 2019-12-31 2,920,260
Number of active participants 2019-12-31 43
Total funding liabilities for active participants 2019-12-31 3,342,381
Total participant count 2019-12-31 102
Total funding target for all participants 2019-12-31 10,700,345
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 231,785
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 245,136
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 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 0
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 0
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 62,000
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 0
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 0
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2018 401k membership
Market value of plan assets 2018-12-31 12,872,970
Acturial value of plan assets 2018-12-31 12,872,970
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 5,581,882
Number of terminated vested participants 2018-12-31 29
Fundng target for terminated vested participants 2018-12-31 1,344,936
Active participant vested funding target 2018-12-31 3,036,549
Number of active participants 2018-12-31 49
Total funding liabilities for active participants 2018-12-31 3,359,839
Total participant count 2018-12-31 102
Total funding target for all participants 2018-12-31 10,286,657
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 0
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 0
Amount remaining of prefunding balance 2018-12-31 0
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 0
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 0
Balance of prefunding at beginning of current year 2018-12-31 0
Total employer contributions 2018-12-31 252,000
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 2018-12-31 231,856
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 50,000
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 2018-12-31 231,856
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2017 401k membership
Market value of plan assets 2017-12-31 11,361,832
Acturial value of plan assets 2017-12-31 11,361,832
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 3,801,616
Number of terminated vested participants 2017-12-31 29
Fundng target for terminated vested participants 2017-12-31 1,247,072
Active participant vested funding target 2017-12-31 3,821,402
Number of active participants 2017-12-31 53
Total funding liabilities for active participants 2017-12-31 4,274,977
Total participant count 2017-12-31 102
Total funding target for all participants 2017-12-31 9,323,665
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
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 0
Amount remaining of prefunding balance 2017-12-31 0
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 0
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 0
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from 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 46,000
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
Contributions allocatedtoward minimum required contributions for current year 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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2016 401k membership
Market value of plan assets 2016-12-31 10,870,049
Acturial value of plan assets 2016-12-31 10,870,049
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 3,597,264
Number of terminated vested participants 2016-12-31 29
Fundng target for terminated vested participants 2016-12-31 1,129,224
Active participant vested funding target 2016-12-31 3,654,946
Number of active participants 2016-12-31 54
Total funding liabilities for active participants 2016-12-31 4,074,475
Total participant count 2016-12-31 102
Total funding target for all participants 2016-12-31 8,800,963
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
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 0
Amount remaining of prefunding balance 2016-12-31 0
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
Total available prior years excess cotributions added 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 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
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 48,000
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2022 401k membership
Market value of plan assets	2022-12-31	16,846,753
Acturial value of plan assets	2022-12-31	16,846,753
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	6,330,114
Number of terminated vested participants	2022-12-31	35
Fundng target for terminated vested participants	2022-12-31	1,454,437
Active participant vested funding target	2022-12-31	3,198,523
Number of active participants	2022-12-31	34
Total funding liabilities for active participants	2022-12-31	3,198,523
Total participant count	2022-12-31	101
Total funding target for all participants	2022-12-31	10,983,074
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	0
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	0
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	0
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	68,000
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
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2021 401k membership
Market value of plan assets	2021-12-31	15,465,778
Acturial value of plan assets	2021-12-31	15,465,778
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	6,133,789
Number of terminated vested participants	2021-12-31	38
Fundng target for terminated vested participants	2021-12-31	2,158,546
Active participant vested funding target	2021-12-31	3,001,448
Number of active participants	2021-12-31	35
Total funding liabilities for active participants	2021-12-31	3,343,633
Total participant count	2021-12-31	102
Total funding target for all participants	2021-12-31	11,635,968
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	0
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	0
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	0
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	61,000
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
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2020 401k membership
Market value of plan assets	2020-12-31	13,815,878
Acturial value of plan assets	2020-12-31	13,815,878
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	5,688,004
Number of terminated vested participants	2020-12-31	38
Fundng target for terminated vested participants	2020-12-31	1,962,837
Active participant vested funding target	2020-12-31	3,002,073
Number of active participants	2020-12-31	37
Total funding liabilities for active participants	2020-12-31	3,323,491
Total participant count	2020-12-31	102
Total funding target for all participants	2020-12-31	10,974,332
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
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	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
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	0
Balance of prefunding at beginning of current year	2020-12-31	0
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	58,000
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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2019 401k membership
Market value of plan assets	2019-12-31	11,849,175
Acturial value of plan assets	2019-12-31	11,849,175
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	5,758,263
Number of terminated vested participants	2019-12-31	32
Fundng target for terminated vested participants	2019-12-31	1,599,701
Active participant vested funding target	2019-12-31	2,920,260
Number of active participants	2019-12-31	43
Total funding liabilities for active participants	2019-12-31	3,342,381
Total participant count	2019-12-31	102
Total funding target for all participants	2019-12-31	10,700,345
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	231,785
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	245,136
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	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	0
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	0
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	62,000
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	0
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	0
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2018 401k membership
Market value of plan assets	2018-12-31	12,872,970
Acturial value of plan assets	2018-12-31	12,872,970
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	5,581,882
Number of terminated vested participants	2018-12-31	29
Fundng target for terminated vested participants	2018-12-31	1,344,936
Active participant vested funding target	2018-12-31	3,036,549
Number of active participants	2018-12-31	49
Total funding liabilities for active participants	2018-12-31	3,359,839
Total participant count	2018-12-31	102
Total funding target for all participants	2018-12-31	10,286,657
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	0
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	0
Amount remaining of prefunding balance	2018-12-31	0
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	0
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	0
Balance of prefunding at beginning of current year	2018-12-31	0
Total employer contributions	2018-12-31	252,000
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	231,856
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	50,000
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	231,856
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2017 401k membership
Market value of plan assets	2017-12-31	11,361,832
Acturial value of plan assets	2017-12-31	11,361,832
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	3,801,616
Number of terminated vested participants	2017-12-31	29
Fundng target for terminated vested participants	2017-12-31	1,247,072
Active participant vested funding target	2017-12-31	3,821,402
Number of active participants	2017-12-31	53
Total funding liabilities for active participants	2017-12-31	4,274,977
Total participant count	2017-12-31	102
Total funding target for all participants	2017-12-31	9,323,665
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
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	0
Amount remaining of prefunding balance	2017-12-31	0
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	0
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	0
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from 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	46,000
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
Contributions allocatedtoward minimum required contributions for current year	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: UTILITIES EMPLOYEES CREDIT UNION PLAN FOR RETIREMENT ANNUITIES 2016 401k membership
Market value of plan assets	2016-12-31	10,870,049
Acturial value of plan assets	2016-12-31	10,870,049
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	3,597,264
Number of terminated vested participants	2016-12-31	29
Fundng target for terminated vested participants	2016-12-31	1,129,224
Active participant vested funding target	2016-12-31	3,654,946
Number of active participants	2016-12-31	54
Total funding liabilities for active participants	2016-12-31	4,074,475
Total participant count	2016-12-31	102
Total funding target for all participants	2016-12-31	8,800,963
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
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	0
Amount remaining of prefunding balance	2016-12-31	0
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
Total available prior years excess cotributions added 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	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
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	48,000
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	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:	UTILITIES EMPLOYEES CREDIT UNION
Employer identification number (EIN):	231278971
NAIC Classification:	522130
NAIC Description:	Credit Unions

Jurisdiction of Incorporation:	COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF STATE
Incorporation Date:
Company Identification Number:	4640