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

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

Plan Name	PREMIER CREDIT UNION 401(K) PLAN AND TRUST
Plan identification number	001

PREMIER 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

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

Company Name: PREMIER CREDIT UNION

Employer identification number (EIN): 366084996

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PREMIER 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
001 2016-01-01 JOHN PAWLOWSKI
001 2015-01-01 JOHN PAWLOWSKI
001 2014-01-01 MARY CALLAHAN
001 2013-01-01 JAMES A ROCHE 2014-10-09
001 2012-01-01 JAMES A ROCHE 2013-08-15
001 2011-01-01 JAMES A. ROCHE 2012-09-27 PREMIER CREDIT UNION 2012-09-27
001 2010-01-01 JAMES A ROCHE 2011-08-05

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2016-01-01	JOHN PAWLOWSKI
001	2015-01-01	JOHN PAWLOWSKI
001	2014-01-01	MARY CALLAHAN
001	2013-01-01	JAMES A ROCHE	2014-10-09
001	2012-01-01	JAMES A ROCHE	2013-08-15
001	2011-01-01	JAMES A. ROCHE	2012-09-27	PREMIER CREDIT UNION	2012-09-27
001	2010-01-01	JAMES A ROCHE	2011-08-05

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

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

Measure Date Value
2016: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year 2016-01-01 47
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 0
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 0
Number of participants with account balances 2016-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year 2015-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 39
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 8
Total of all active and inactive participants 2015-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 47
Number of participants with account balances 2015-01-01 47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 38
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 11
Total of all active and inactive participants 2014-01-01 49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 49
Number of participants with account balances 2014-01-01 41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1

Measure	Date	Value
2016: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year	2016-01-01	47
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	0
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	0
Number of participants with account balances	2016-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year	2015-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	39
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	8
Total of all active and inactive participants	2015-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	47
Number of participants with account balances	2015-01-01	47
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	38
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	11
Total of all active and inactive participants	2014-01-01	49
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	49
Number of participants with account balances	2014-01-01	41
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1

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

Measure	Date	Value
2016 : PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2016 401k financial data
Transfers to/from the plan	2016-11-14	$-1,880,983
Total plan liabilities at end of year	2016-11-14	$0
Total plan liabilities at beginning of year	2016-11-14	$0
Total income from all sources	2016-11-14	$316,366
Expenses. Total of all expenses incurred	2016-11-14	$2,352,646
Benefits paid (including direct rollovers)	2016-11-14	$2,335,655
Total plan assets at end of year	2016-11-14	$0
Total plan assets at beginning of year	2016-11-14	$3,917,263
Value of fidelity bond covering the plan	2016-11-14	$6,000,000
Total contributions received or receivable from participants	2016-11-14	$125,084
Expenses. Other expenses not covered elsewhere	2016-11-14	$0
Contributions received from other sources (not participants or employers)	2016-11-14	$0
Other income received	2016-11-14	$164,879
Noncash contributions received	2016-11-14	$0
Net income (gross income less expenses)	2016-11-14	$-2,036,280
Net plan assets at end of year (total assets less liabilities)	2016-11-14	$0
Net plan assets at beginning of year (total assets less liabilities)	2016-11-14	$3,917,263
Assets. Value of participant loans	2016-11-14	$0
Total contributions received or receivable from employer(s)	2016-11-14	$26,403
Value of certain deemed distributions of participant loans	2016-11-14	$0
Value of corrective distributions	2016-11-14	$7,161
Expenses. Administrative service providers (salaries,fees and commissions)	2016-11-14	$9,830
2015 : PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$286,991
Expenses. Total of all expenses incurred	2015-12-31	$74,078
Benefits paid (including direct rollovers)	2015-12-31	$66,240
Total plan assets at end of year	2015-12-31	$3,917,263
Total plan assets at beginning of year	2015-12-31	$3,704,350
Value of fidelity bond covering the plan	2015-12-31	$6,000,000
Total contributions received or receivable from participants	2015-12-31	$157,980
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-12,333
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$212,913
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$3,917,263
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$3,704,350
Assets. Value of participant loans	2015-12-31	$31,437
Total contributions received or receivable from employer(s)	2015-12-31	$141,344
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$845
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$6,993
2014 : PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$485,407
Expenses. Total of all expenses incurred	2014-12-31	$150,117
Benefits paid (including direct rollovers)	2014-12-31	$135,077
Total plan assets at end of year	2014-12-31	$3,704,350
Total plan assets at beginning of year	2014-12-31	$3,369,060
Value of fidelity bond covering the plan	2014-12-31	$6,000,000
Total contributions received or receivable from participants	2014-12-31	$137,538
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$212,322
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$335,290
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$3,704,350
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$3,369,060
Assets. Value of participant loans	2014-12-31	$33,869
Total contributions received or receivable from employer(s)	2014-12-31	$135,547
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$15,040

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

2016: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	Yes
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PREMIER CREDIT UNION 401(K) PLAN AND TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )

Policy contract number

GA-063419

Policy instance

Insurance contract or identification number	GA-063419
Number of Individuals Covered	12
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $0
Amount paid for insurance broker fees	0
Insurance broker name

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Company Name:	PREMIER CREDIT UNION
Employer identification number (EIN):	366084996
NAIC Classification:	522130
NAIC Description:	Credit Unions