401k Plan data: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST plan

BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 401k Plan overview

Plan Name	BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST
Plan identification number	002

BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST Benefits

401k Plan Type

Defined 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.
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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

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

Company Name: BVA FEDERAL CREDIT UNION

Employer identification number (EIN): 256061731

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 LYN SOKOL 2024-06-10
002 2022-01-01 LYN SOKOL 2023-05-05
002 2021-01-01 RENAE CURCIO 2022-06-14
002 2020-01-01 RENAE CURCIO 2021-06-01
002 2019-01-01 RENAE CURCIO 2020-06-03
002 2018-01-01 RENAE CURCIO 2019-05-30
002 2017-01-01 JOSEPH OSBORNE 2018-06-04
002 2016-01-01 JOSEPH OSBORNE 2017-05-31
002 2015-01-01 JOSEPH OSBORNE 2016-05-19
002 2014-01-01 JOSEPH OSBORNE 2015-06-22
002 2013-01-01 JOSEPH OSBORNE 2014-06-30
002 2012-01-01 JOSEPH OSBORNE 2013-07-01
002 2011-01-01 JOSEPH R OSBORNE 2012-05-25
002 2010-01-01 JOSEPH OSBORNE 2011-08-05
002 2008-01-01 JOE OSBORNE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	LYN SOKOL	2024-06-10
002	2022-01-01	LYN SOKOL	2023-05-05
002	2021-01-01	RENAE CURCIO	2022-06-14
002	2020-01-01	RENAE CURCIO	2021-06-01
002	2019-01-01	RENAE CURCIO	2020-06-03
002	2018-01-01	RENAE CURCIO	2019-05-30
002	2017-01-01	JOSEPH OSBORNE	2018-06-04
002	2016-01-01	JOSEPH OSBORNE	2017-05-31
002	2015-01-01	JOSEPH OSBORNE	2016-05-19
002	2014-01-01	JOSEPH OSBORNE	2015-06-22
002	2013-01-01	JOSEPH OSBORNE	2014-06-30
002	2012-01-01	JOSEPH OSBORNE	2013-07-01
002	2011-01-01	JOSEPH R OSBORNE	2012-05-25
002	2010-01-01	JOSEPH OSBORNE	2011-08-05
002	2008-01-01	JOE OSBORNE

Plan Statistics for BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

401k plan membership statisitcs for BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Measure Date Value
2025: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year 2025-06-30 7
Total number of particpants at end of year 2025-06-30 9
Number of Participants With Account Balances 2025-06-30 7
Total number of particpants at beginning of year 2025-05-16 10
Total number of particpants at end of year 2025-05-16 11
Number of Participants With Account Balances 2025-05-16 11
2024: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year 2024-06-10 9
Total number of particpants at end of year 2024-06-10 9
Number of Participants With Account Balances 2024-06-10 9
2008: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2008 401k membership
Total participants, beginning-of-year 2008-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 3
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 2
Total of all active and inactive participants 2008-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 5
Number of participants with account balances 2008-01-01 5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 0

Measure	Date	Value
2025: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2025 401k membership
Total number of particpants at beginning of year	2025-06-30	7
Total number of particpants at end of year	2025-06-30	9
Number of Participants With Account Balances	2025-06-30	7
Total number of particpants at beginning of year	2025-05-16	10
Total number of particpants at end of year	2025-05-16	11
Number of Participants With Account Balances	2025-05-16	11
2024: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2024 401k membership
Total number of particpants at beginning of year	2024-06-10	9
Total number of particpants at end of year	2024-06-10	9
Number of Participants With Account Balances	2024-06-10	9
2008: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2008 401k membership
Total participants, beginning-of-year	2008-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	3
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	2
Total of all active and inactive participants	2008-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	5
Number of participants with account balances	2008-01-01	5
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	0

Financial Data on BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

Measure	Date	Value
2025 : BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2025 401k financial data
Total transfers to/from plan in this plan year	2025-06-30	0
Total liabilities as of the end of the plan year	2025-06-30	0
Total liabilities as of the beginning of the plan year	2025-06-30	0
Total expenses incurred by plan in this plan year	2025-06-30	0
Net assets as of the end of the plan year	2025-06-30	720751
Total assets as of the beginning of the plan year	2025-06-30	766149
Value of plan covered by a fidelity bond	2025-06-30	2000000
Participant contributions to plan in this plan year	2025-06-30	2442
Other expenses paid from plan in this plan year	2025-06-30	0
Other contributions to plan in this plan year	2025-06-30	0
Other income to plan in this plan year	2025-06-30	-52725
Plan net income in this plan year	2025-06-30	-45398
Net assets as of the end of the plan year	2025-06-30	720751
Net assets as of the beginning of the plan year	2025-06-30	766149
Employer contributions to plan in this plan year	2025-06-30	4885
Expensese paid to adminstrative service provicers from plan in this plan year	2025-06-30	0
Total expenses incurred by plan in this plan year	2025-05-16	203000
Net assets as of the end of the plan year	2025-05-16	693055
Total assets as of the beginning of the plan year	2025-05-16	766149
Value of plan covered by a fidelity bond	2025-05-16	2000000
Participant contributions to plan in this plan year	2025-05-16	10181
Other expenses paid from plan in this plan year	2025-05-16	898
Other income to plan in this plan year	2025-05-16	98891
Plan net income in this plan year	2025-05-16	-73094
Net assets as of the end of the plan year	2025-05-16	693055
Net assets as of the beginning of the plan year	2025-05-16	766149
Employer contributions to plan in this plan year	2025-05-16	20834
2024 : BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-06-10	25252
Net assets as of the end of the plan year	2024-06-10	766149
Total assets as of the beginning of the plan year	2024-06-10	693327
Value of plan covered by a fidelity bond	2024-06-10	2000000
Participant contributions to plan in this plan year	2024-06-10	8847
Other expenses paid from plan in this plan year	2024-06-10	1252
Other income to plan in this plan year	2024-06-10	71532
Plan net income in this plan year	2024-06-10	72822
Net assets as of the end of the plan year	2024-06-10	766149
Net assets as of the beginning of the plan year	2024-06-10	693327
Employer contributions to plan in this plan year	2024-06-10	17695
2008 : BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2008 401k financial data
Total income from all sources	2008-12-31	$-49,979
Expenses. Total of all expenses incurred	2008-12-31	$3,000
Benefits paid (including direct rollovers)	2008-12-31	$3,000
Total plan assets at end of year	2008-12-31	$408,704
Total plan assets at beginning of year	2008-12-31	$461,683
Value of fidelity bond covering the plan	2008-12-31	$1,000,000
Total contributions received or receivable from participants	2008-12-31	$13,382
Other income received	2008-12-31	$-71,734
Net income (gross income less expenses)	2008-12-31	$-52,979
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$408,704
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$461,683
Total contributions received or receivable from employer(s)	2008-12-31	$8,373
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2008-12-31	$0

Form 5500 Responses for BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST

2008: BVA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

CUNA MUTUAL GROUP (National Association of Insurance Commissioners NAIC id number: 62626 )
Policy contract number	037-1433-5
Policy instance	1

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Company Name:	BVA FEDERAL CREDIT UNION
Employer identification number (EIN):	256061731
NAIC Classification:	522130
NAIC Description:	Credit Unions