401k Plan data: SB1 FEDERAL CREDIT UNION 401(K) PLAN plan

SB1 FEDERAL CREDIT UNION 401(K) PLAN 401k Plan overview

Plan Name	SB1 FEDERAL CREDIT UNION 401(K) PLAN
Plan identification number	002

SB1 FEDERAL CREDIT UNION 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

ARDENT FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: ARDENT FEDERAL CREDIT UNION

Employer identification number (EIN): 232088266

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SB1 FEDERAL CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-01-01 MARY HOFFMAN 2019-05-31 MARY HOFFMAN 2019-05-31
002 2017-01-01 MARY HOFFMAN 2018-07-27 MARY HOFFMAN 2018-07-27
002 2016-01-01 MARY HOFFMAN 2017-10-02 MARY HOFFMAN 2017-10-02
002 2015-01-01 MARY HOFFMAN 2016-05-17
002 2014-01-01 MARY HOFFMAN 2015-07-14 MARY HOFFMAN 2015-07-14
002 2013-01-01 MARY HOFFMAN 2014-07-08 MARY HOFFMAN 2014-07-08
002 2012-01-01 MARY HOFFMAN
002 2011-01-01 MARY HOFFMAN THOMAS SWIERZY 2012-07-17
002 2009-01-01 THOMAS SWIERZY AUDREY KLIJIAN 2010-06-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01
002	2021-01-01
002	2020-01-01
002	2019-01-01
002	2018-01-01	MARY HOFFMAN	2019-05-31	MARY HOFFMAN	2019-05-31
002	2017-01-01	MARY HOFFMAN	2018-07-27	MARY HOFFMAN	2018-07-27
002	2016-01-01	MARY HOFFMAN	2017-10-02	MARY HOFFMAN	2017-10-02
002	2015-01-01	MARY HOFFMAN	2016-05-17
002	2014-01-01	MARY HOFFMAN	2015-07-14	MARY HOFFMAN	2015-07-14
002	2013-01-01	MARY HOFFMAN	2014-07-08	MARY HOFFMAN	2014-07-08
002	2012-01-01	MARY HOFFMAN
002	2011-01-01	MARY HOFFMAN		THOMAS SWIERZY	2012-07-17
002	2009-01-01	THOMAS SWIERZY		AUDREY KLIJIAN	2010-06-23

Plan Statistics for SB1 FEDERAL CREDIT UNION 401(K) PLAN

401k plan membership statisitcs for SB1 FEDERAL CREDIT UNION 401(K) PLAN

Measure Date Value
2022: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 148
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 109
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 45
Total of all active and inactive participants 2022-01-01 154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 154
Number of participants with account balances 2022-01-01 151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 145
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 110
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 38
Total of all active and inactive participants 2021-01-01 148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 148
Number of participants with account balances 2021-01-01 144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 110
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 35
Total of all active and inactive participants 2020-01-01 145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 145
Number of participants with account balances 2020-01-01 142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 105
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 27
Total of all active and inactive participants 2019-01-01 132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 132
Number of participants with account balances 2019-01-01 126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2012: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 97
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 83
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 12
Total of all active and inactive participants 2012-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 95
Number of participants with account balances 2012-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 1
2011: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 95
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 85
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 12
Total of all active and inactive participants 2011-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 97
Number of participants with account balances 2011-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 79
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 22
Total of all active and inactive participants 2009-01-01 101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 101
Number of participants with account balances 2009-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2022: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	148
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	109
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	45
Total of all active and inactive participants	2022-01-01	154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	154
Number of participants with account balances	2022-01-01	151
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	145
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	110
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	38
Total of all active and inactive participants	2021-01-01	148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	148
Number of participants with account balances	2021-01-01	144
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	110
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	35
Total of all active and inactive participants	2020-01-01	145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	145
Number of participants with account balances	2020-01-01	142
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	105
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	27
Total of all active and inactive participants	2019-01-01	132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	132
Number of participants with account balances	2019-01-01	126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2012: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	97
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	83
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	12
Total of all active and inactive participants	2012-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	95
Number of participants with account balances	2012-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	1
2011: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	95
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	85
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	12
Total of all active and inactive participants	2011-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	97
Number of participants with account balances	2011-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	79
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	22
Total of all active and inactive participants	2009-01-01	101
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	101
Number of participants with account balances	2009-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on SB1 FEDERAL CREDIT UNION 401(K) PLAN

Measure	Date	Value
2022 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,691,963
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$3,750,696
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$3,706,807
Expenses. Certain deemed distributions of participant loans	2022-12-31	$5,084
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,037,534
Value of total assets at end of year	2022-12-31	$11,015,975
Value of total assets at beginning of year	2022-12-31	$16,458,634
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$38,805
Total interest from all sources	2022-12-31	$9,958
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$229,078
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$229,078
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$600,908
Participant contributions at end of year	2022-12-31	$209,299
Participant contributions at beginning of year	2022-12-31	$163,650
Participant contributions at end of year	2022-12-31	$150
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-5,442,659
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$11,015,975
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$16,458,634
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$30,722
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$9,752,218
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$15,469,260
Interest on participant loans	2022-12-31	$9,958
Income. Interest from loans (other than to participants)	2022-12-31	$0
Value of interest in common/collective trusts at end of year	2022-12-31	$1,020,132
Value of interest in common/collective trusts at beginning of year	2022-12-31	$793,013
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,986,773
Net investment gain or loss from common/collective trusts	2022-12-31	$18,240
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$436,626
Employer contributions (assets) at end of year	2022-12-31	$34,176
Employer contributions (assets) at beginning of year	2022-12-31	$32,711
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$3,706,807
Contract administrator fees	2022-12-31	$8,083
Did the plan have assets held for investment	2022-12-31	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	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	DOEREN MAYHEW
Accountancy firm EIN	2022-12-31	382492570
2021 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
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	$3,217,173
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$2,136,208
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$2,087,598
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$965,478
Value of total assets at end of year	2021-12-31	$16,458,634
Value of total assets at beginning of year	2021-12-31	$15,377,669
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$48,610
Total interest from all sources	2021-12-31	$10,256
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$254,286
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$254,286
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
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
Contributions received from participants	2021-12-31	$561,911
Participant contributions at end of year	2021-12-31	$163,650
Participant contributions at beginning of year	2021-12-31	$198,718
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	$1,080,965
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$16,458,634
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$15,377,669
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
Investment advisory and management fees	2021-12-31	$38,450
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$15,469,260
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$14,170,861
Interest on participant loans	2021-12-31	$10,256
Income. Interest from loans (other than to participants)	2021-12-31	$0
Value of interest in common/collective trusts at end of year	2021-12-31	$793,013
Value of interest in common/collective trusts at beginning of year	2021-12-31	$970,027
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,973,536
Net investment gain or loss from common/collective trusts	2021-12-31	$13,617
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
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
Contributions received in cash from employer	2021-12-31	$403,567
Employer contributions (assets) at end of year	2021-12-31	$32,711
Employer contributions (assets) at beginning of year	2021-12-31	$38,063
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$2,087,598
Contract administrator fees	2021-12-31	$10,160
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	DOEREN MAYHEW
Accountancy firm EIN	2021-12-31	382492570
2020 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,761,913
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$199,951
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$156,571
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,015,620
Value of total assets at end of year	2020-12-31	$15,377,669
Value of total assets at beginning of year	2020-12-31	$12,815,707
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$43,380
Total interest from all sources	2020-12-31	$12,542
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$228,955
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$228,955
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$574,914
Participant contributions at end of year	2020-12-31	$198,718
Participant contributions at beginning of year	2020-12-31	$223,435
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$49
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$29
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$2,561,962
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$15,377,669
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$12,815,707
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$36,656
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$14,170,861
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$12,072,083
Interest on participant loans	2020-12-31	$12,542
Income. Interest from loans (other than to participants)	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$970,027
Value of interest in common/collective trusts at beginning of year	2020-12-31	$484,014
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$1,490,049
Net investment gain or loss from common/collective trusts	2020-12-31	$14,747
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$440,677
Employer contributions (assets) at end of year	2020-12-31	$38,063
Employer contributions (assets) at beginning of year	2020-12-31	$36,126
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$156,571
Contract administrator fees	2020-12-31	$6,724
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	DOEREN MAYHEW
Accountancy firm EIN	2020-12-31	382492570
2019 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,357,013
Total income from all sources (including contributions)	2019-12-31	$3,357,013
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$388,180
Total of all expenses incurred	2019-12-31	$388,180
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$347,072
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$347,072
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,079,153
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,079,153
Value of total assets at end of year	2019-12-31	$12,815,707
Value of total assets at end of year	2019-12-31	$12,815,707
Value of total assets at beginning of year	2019-12-31	$9,846,874
Value of total assets at beginning of year	2019-12-31	$9,846,874
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$41,108
Total interest from all sources	2019-12-31	$13,610
Total interest from all sources	2019-12-31	$13,610
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$246,443
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$246,443
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$246,443
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$246,443
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
Value of fidelity bond cover	2019-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$497,646
Contributions received from participants	2019-12-31	$497,646
Participant contributions at end of year	2019-12-31	$223,435
Participant contributions at end of year	2019-12-31	$223,435
Participant contributions at beginning of year	2019-12-31	$245,107
Participant contributions at beginning of year	2019-12-31	$245,107
Participant contributions at end of year	2019-12-31	$49
Participant contributions at end of year	2019-12-31	$49
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$157,377
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$157,377
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	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	2019-12-31	No
Value of net income/loss	2019-12-31	$2,968,833
Value of net income/loss	2019-12-31	$2,968,833
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$12,815,707
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$12,815,707
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$9,846,874
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$9,846,874
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$34,707
Investment advisory and management fees	2019-12-31	$34,707
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$12,072,083
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$12,072,083
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$9,380,909
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$9,380,909
Interest on participant loans	2019-12-31	$13,610
Interest on participant loans	2019-12-31	$13,610
Income. Interest from loans (other than to participants)	2019-12-31	$0
Income. Interest from loans (other than to participants)	2019-12-31	$0
Value of interest in common/collective trusts at end of year	2019-12-31	$484,014
Value of interest in common/collective trusts at end of year	2019-12-31	$484,014
Value of interest in common/collective trusts at beginning of year	2019-12-31	$220,858
Value of interest in common/collective trusts at beginning of year	2019-12-31	$220,858
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,010,070
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$2,010,070
Net investment gain or loss from common/collective trusts	2019-12-31	$7,737
Net investment gain or loss from common/collective trusts	2019-12-31	$7,737
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$424,130
Contributions received in cash from employer	2019-12-31	$424,130
Employer contributions (assets) at end of year	2019-12-31	$36,126
Employer contributions (assets) at end of year	2019-12-31	$36,126
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$347,072
Contract administrator fees	2019-12-31	$6,401
Contract administrator fees	2019-12-31	$6,401
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	DOEREN MAYHEW
Accountancy firm name	2019-12-31	DOEREN MAYHEW
Accountancy firm EIN	2019-12-31	382492570
Accountancy firm EIN	2019-12-31	382492570
2012 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$1,086,621
Expenses. Total of all expenses incurred	2012-12-31	$55,883
Benefits paid (including direct rollovers)	2012-12-31	$52,510
Total plan assets at end of year	2012-12-31	$4,824,664
Total plan assets at beginning of year	2012-12-31	$3,793,926
Value of fidelity bond covering the plan	2012-12-31	$5,000,000
Total contributions received or receivable from participants	2012-12-31	$337,844
Other income received	2012-12-31	$572,660
Net income (gross income less expenses)	2012-12-31	$1,030,738
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$4,824,664
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$3,793,926
Assets. Value of participant loans	2012-12-31	$143,674
Total contributions received or receivable from employer(s)	2012-12-31	$176,117
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$3,373
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$401,651
Expenses. Total of all expenses incurred	2011-12-31	$40,314
Benefits paid (including direct rollovers)	2011-12-31	$35,508
Total plan assets at end of year	2011-12-31	$3,793,926
Total plan assets at beginning of year	2011-12-31	$3,432,589
Value of fidelity bond covering the plan	2011-12-31	$5,000,000
Total contributions received or receivable from participants	2011-12-31	$320,440
Contributions received from other sources (not participants or employers)	2011-12-31	$12,427
Other income received	2011-12-31	$-90,707
Net income (gross income less expenses)	2011-12-31	$361,337
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$3,793,926
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,432,589
Assets. Value of participant loans	2011-12-31	$126,330
Total contributions received or receivable from employer(s)	2011-12-31	$159,491
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$4,806
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$936,129
Expenses. Total of all expenses incurred	2010-12-31	$165,355
Benefits paid (including direct rollovers)	2010-12-31	$161,931
Total plan assets at end of year	2010-12-31	$3,432,589
Total plan assets at beginning of year	2010-12-31	$2,661,815
Value of fidelity bond covering the plan	2010-12-31	$5,000,000
Total contributions received or receivable from participants	2010-12-31	$317,531
Other income received	2010-12-31	$477,680
Net income (gross income less expenses)	2010-12-31	$770,774
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,432,589
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$2,661,815
Assets. Value of participant loans	2010-12-31	$38,241
Total contributions received or receivable from employer(s)	2010-12-31	$140,918
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$3,424
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : SB1 FEDERAL CREDIT UNION 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for SB1 FEDERAL CREDIT UNION 401(K) PLAN

2022: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2012: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SB1 FEDERAL CREDIT UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ARDENT FEDERAL CREDIT UNION
Employer identification number (EIN):	232088266
NAIC Classification:	522130
NAIC Description:	Credit Unions