NUMARK CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan NUMARK CREDIT UNION 401(K) PLAN AND TRUST
Measure | Date | Value |
---|
2022 : NUMARK CREDIT UNION 401(K) PLAN AND TRUST 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 | $-1,184,010 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $1,138,785 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,086,757 |
Value of total corrective distributions | 2022-12-31 | $3,820 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,380,902 |
Value of total assets at end of year | 2022-12-31 | $14,771,959 |
Value of total assets at beginning of year | 2022-12-31 | $17,094,754 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $48,208 |
Total interest from all sources | 2022-12-31 | $29,149 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $404,197 |
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 | $404,197 |
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 | $557,076 |
Participant contributions at end of year | 2022-12-31 | $134,135 |
Participant contributions at beginning of year | 2022-12-31 | $123,693 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $14,973 |
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 | $-2,322,795 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $14,771,959 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $17,094,754 |
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 | $11,398 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $11,974,072 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $15,450,384 |
Interest on participant loans | 2022-12-31 | $4,523 |
Interest earned on other investments | 2022-12-31 | $24,626 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $2,663,752 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $1,520,677 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,998,258 |
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 | No |
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 | $808,853 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,086,757 |
Contract administrator fees | 2022-12-31 | $36,810 |
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 | SELDEN FOX |
Accountancy firm EIN | 2022-12-31 | 362985770 |
2021 : NUMARK CREDIT UNION 401(K) PLAN AND TRUST 2021 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
Total transfer of assets to this plan | 2021-12-31 | $6,023,180 |
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 | $2,945,261 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $2,044,894 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,961,230 |
Value of total corrective distributions | 2021-12-31 | $6,912 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,359,046 |
Value of total assets at end of year | 2021-12-31 | $17,094,754 |
Value of total assets at beginning of year | 2021-12-31 | $10,171,207 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $76,752 |
Total interest from all sources | 2021-12-31 | $23,619 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $403,889 |
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 | $403,889 |
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 | $538,662 |
Participant contributions at end of year | 2021-12-31 | $123,693 |
Participant contributions at beginning of year | 2021-12-31 | $106,042 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $31,880 |
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 | $900,367 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $17,094,754 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,171,207 |
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 | $14,902 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $15,450,384 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $8,823,440 |
Interest on participant loans | 2021-12-31 | $7,265 |
Interest earned on other investments | 2021-12-31 | $16,354 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $1,520,677 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,241,725 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,158,707 |
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 | $788,504 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,961,230 |
Contract administrator fees | 2021-12-31 | $61,850 |
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 | SELDEN FOX |