401k Plan data: READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST plan

READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST 401k Plan overview

Plan Name	READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST
Plan identification number	001

READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Money purchase (other than target benefit)
Offset plan - Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

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

Company Name: READING FEDERAL CREDIT UNION

Employer identification number (EIN): 310839879

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2018-01-01 JOE GUTZWILLER 2019-03-21
001 2017-01-01 JOE GUTZWILLER 2018-10-08
001 2016-01-01 KEITH KROENER 2017-07-26
001 2015-01-01 NAPOLEON SMITH 2016-06-08
001 2014-01-01 NAPOLEON SMITH 2015-07-27
001 2013-01-01 NAPOLEON SMITH 2014-06-03
001 2012-01-01 NAPOLEON SMITH 2013-07-15
001 2011-01-01 NAPOLEON SMITH 2012-07-17
001 2010-01-01 NAPOLEON SMITH 2011-07-13
001 2007-01-01 NAPOLEON SMITH

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2018-01-01	JOE GUTZWILLER	2019-03-21
001	2017-01-01	JOE GUTZWILLER	2018-10-08
001	2016-01-01	KEITH KROENER	2017-07-26
001	2015-01-01	NAPOLEON SMITH	2016-06-08
001	2014-01-01	NAPOLEON SMITH	2015-07-27
001	2013-01-01	NAPOLEON SMITH	2014-06-03
001	2012-01-01	NAPOLEON SMITH	2013-07-15
001	2011-01-01	NAPOLEON SMITH	2012-07-17
001	2010-01-01	NAPOLEON SMITH	2011-07-13
001	2007-01-01	NAPOLEON SMITH

Plan Statistics for READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

401k plan membership statisitcs for READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Measure Date Value
2007: READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year 2007-01-01 2
Total number of active participants reported on line 7a of the Form 5500 2007-01-01 2
Number of retired or separated participants receiving benefits 2007-01-01 0
Number of other retired or separated participants entitled to future benefits 2007-01-01 0
Total of all active and inactive participants 2007-01-01 2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2007-01-01 0
Total participants 2007-01-01 2
Number of participants with account balances 2007-01-01 2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2007-01-01 0

Measure	Date	Value
2007: READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year	2007-01-01	2
Total number of active participants reported on line 7a of the Form 5500	2007-01-01	2
Number of retired or separated participants receiving benefits	2007-01-01	0
Number of other retired or separated participants entitled to future benefits	2007-01-01	0
Total of all active and inactive participants	2007-01-01	2
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2007-01-01	0
Total participants	2007-01-01	2
Number of participants with account balances	2007-01-01	2
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2007-01-01	0

Financial Data on READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Measure	Date	Value
2007 : READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST 2007 401k financial data
Total income from all sources	2007-12-31	$27,082
Expenses. Total of all expenses incurred	2007-12-31	$0
Total plan assets at end of year	2007-12-31	$168,759
Total plan assets at beginning of year	2007-12-31	$141,677
Value of fidelity bond covering the plan	2007-12-31	$1,000,000
Other income received	2007-12-31	$17,806
Net income (gross income less expenses)	2007-12-31	$27,082
Net plan assets at end of year (total assets less liabilities)	2007-12-31	$168,759
Net plan assets at beginning of year (total assets less liabilities)	2007-12-31	$141,677
Total contributions received or receivable from employer(s)	2007-12-31	$9,276
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2007-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2007-12-31	$0
Minimum employer required contribution for this plan year	2007-12-31	$9,276
Amount contributed by the employer to the plan for this plan year	2007-12-31	$9,276

Form 5500 Responses for READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

2007: READING FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST 2007 form 5500 responses
2007-01-01	Type of plan entity	Single employer plan
2007-01-01	Submission has been amended	No
2007-01-01	This submission is the final filing	No
2007-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-01-01	Plan is a collectively bargained plan	No
2007-01-01	Plan funding arrangement – Insurance	Yes
2007-01-01	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	034-2080-7
Policy instance	1

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	READING FEDERAL CREDIT UNION
Employer identification number (EIN):	310839879
NAIC Classification:	522130
NAIC Description:	Credit Unions