ADVENTURE CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN
| Measure | Date | Value |
|---|
| 2022: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-06-30 | 5,144,992 |
| Acturial value of plan assets | 2022-06-30 | 5,144,992 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-06-30 | 0 |
| Number of terminated vested participants | 2022-06-30 | 33 |
| Fundng target for terminated vested participants | 2022-06-30 | 898,695 |
| Active participant vested funding target | 2022-06-30 | 2,226,026 |
| Number of active participants | 2022-06-30 | 88 |
| Total funding liabilities for active participants | 2022-06-30 | 2,241,121 |
| Total participant count | 2022-06-30 | 121 |
| Total funding target for all participants | 2022-06-30 | 3,139,816 |
| Balance at beginning of prior year after applicable adjustments | 2022-06-30 | 13,717 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-06-30 | 0 |
| Amount remaining of carryover balance | 2022-06-30 | 13,717 |
| Amount remaining of prefunding balance | 2022-06-30 | 0 |
| Present value of excess contributions | 2022-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2022-06-30 | 17,355 |
| Balance of prefunding at beginning of current year | 2022-06-30 | 0 |
| Total employer contributions | 2022-06-30 | 3,500,000 |
| Total employee contributions | 2022-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-06-30 | 3,474,192 |
| Unpaid minimum required contributions for all prior years | 2022-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2022-06-30 | 310,907 |
| Net shortfall amortization installment of oustanding balance | 2022-06-30 | 0 |
| Waiver amortization installment | 2022-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2022-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-06-30 | 0 |
| Additional cash requirement | 2022-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-06-30 | 3,474,192 |
| Unpaid minimum required contributions for current year | 2022-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2022-06-30 | 0 |
| 2021: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-07-01 | 121 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-07-01 | 81 |
| Number of retired or separated participants receiving benefits | 2021-07-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2021-07-01 | 33 |
| Total of all active and inactive participants | 2021-07-01 | 115 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-07-01 | 0 |
| Total participants | 2021-07-01 | 115 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-07-01 | 4 |
| Market value of plan assets | 2021-06-30 | 4,597,005 |
| Acturial value of plan assets | 2021-06-30 | 4,597,005 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-06-30 | 0 |
| Number of terminated vested participants | 2021-06-30 | 31 |
| Fundng target for terminated vested participants | 2021-06-30 | 936,672 |
| Active participant vested funding target | 2021-06-30 | 2,224,177 |
| Number of active participants | 2021-06-30 | 89 |
| Total funding liabilities for active participants | 2021-06-30 | 2,229,151 |
| Total participant count | 2021-06-30 | 120 |
| Total funding target for all participants | 2021-06-30 | 3,165,823 |
| Balance at beginning of prior year after applicable adjustments | 2021-06-30 | 13,924 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-06-30 | 0 |
| Amount remaining of carryover balance | 2021-06-30 | 13,924 |
| Amount remaining of prefunding balance | 2021-06-30 | 0 |
| Present value of excess contributions | 2021-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2021-06-30 | 13,717 |
| Balance of prefunding at beginning of current year | 2021-06-30 | 0 |
| Total employer contributions | 2021-06-30 | 0 |
| Total employee contributions | 2021-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2021-06-30 | 282,340 |
| Net shortfall amortization installment of oustanding balance | 2021-06-30 | 0 |
| Waiver amortization installment | 2021-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-06-30 | 0 |
| Additional cash requirement | 2021-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2021-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2021-06-30 | 0 |
| 2020: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-07-01 | 120 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-07-01 | 86 |
| Number of retired or separated participants receiving benefits | 2020-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2020-07-01 | 33 |
| Total of all active and inactive participants | 2020-07-01 | 119 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-07-01 | 0 |
| Total participants | 2020-07-01 | 119 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-07-01 | 10 |
| Market value of plan assets | 2020-06-30 | 5,053,460 |
| Acturial value of plan assets | 2020-06-30 | 5,053,460 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-06-30 | 0 |
| Number of terminated vested participants | 2020-06-30 | 37 |
| Fundng target for terminated vested participants | 2020-06-30 | 1,051,647 |
| Active participant vested funding target | 2020-06-30 | 1,959,660 |
| Number of active participants | 2020-06-30 | 90 |
| Total funding liabilities for active participants | 2020-06-30 | 1,970,767 |
| Total participant count | 2020-06-30 | 127 |
| Total funding target for all participants | 2020-06-30 | 3,022,414 |
| Balance at beginning of prior year after applicable adjustments | 2020-06-30 | 12,850 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-06-30 | 0 |
| Amount remaining of carryover balance | 2020-06-30 | 12,850 |
| Amount remaining of prefunding balance | 2020-06-30 | 0 |
| Present value of excess contributions | 2020-06-30 | 585,784 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-06-30 | 619,291 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2020-06-30 | 13,924 |
| Balance of prefunding at beginning of current year | 2020-06-30 | 0 |
| Total employer contributions | 2020-06-30 | 0 |
| Total employee contributions | 2020-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2020-06-30 | 187,753 |
| Net shortfall amortization installment of oustanding balance | 2020-06-30 | 0 |
| Waiver amortization installment | 2020-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2020-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-06-30 | 0 |
| Additional cash requirement | 2020-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2020-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2020-06-30 | 0 |
| 2019: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-07-01 | 127 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-07-01 | 82 |
| Number of retired or separated participants receiving benefits | 2019-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2019-07-01 | 31 |
| Total of all active and inactive participants | 2019-07-01 | 113 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-07-01 | 0 |
| Total participants | 2019-07-01 | 113 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-07-01 | 9 |
| Market value of plan assets | 2019-06-30 | 4,867,434 |
| Acturial value of plan assets | 2019-06-30 | 4,867,434 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-06-30 | 0 |
| Number of terminated vested participants | 2019-06-30 | 32 |
| Fundng target for terminated vested participants | 2019-06-30 | 1,391,953 |
| Active participant vested funding target | 2019-06-30 | 1,852,146 |
| Number of active participants | 2019-06-30 | 91 |
| Total funding liabilities for active participants | 2019-06-30 | 1,865,084 |
| Total participant count | 2019-06-30 | 123 |
| Total funding target for all participants | 2019-06-30 | 3,257,037 |
| Balance at beginning of prior year after applicable adjustments | 2019-06-30 | 11,775 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-06-30 | 0 |
| Amount remaining of carryover balance | 2019-06-30 | 11,775 |
| Amount remaining of prefunding balance | 2019-06-30 | 0 |
| Present value of excess contributions | 2019-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-06-30 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2019-06-30 | 12,643 |
| Balance of prefunding at beginning of current year | 2019-06-30 | 0 |
| Total employer contributions | 2019-06-30 | 585,873 |
| Total employee contributions | 2019-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-06-30 | 585,784 |
| Unpaid minimum required contributions for all prior years | 2019-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2019-06-30 | 232,380 |
| Net shortfall amortization installment of oustanding balance | 2019-06-30 | 0 |
| Waiver amortization installment | 2019-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-06-30 | 0 |
| Additional cash requirement | 2019-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-06-30 | 585,784 |
| Unpaid minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2019-06-30 | 0 |
| 2018: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2018 401k membership |
|---|
| Total participants, beginning-of-year | 2018-07-01 | 123 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-07-01 | 85 |
| Number of retired or separated participants receiving benefits | 2018-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2018-07-01 | 37 |
| Total of all active and inactive participants | 2018-07-01 | 122 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-07-01 | 0 |
| Total participants | 2018-07-01 | 122 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-07-01 | 8 |
| Market value of plan assets | 2018-06-30 | 5,372,071 |
| Acturial value of plan assets | 2018-06-30 | 5,372,071 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-06-30 | 0 |
| Number of terminated vested participants | 2018-06-30 | 26 |
| Fundng target for terminated vested participants | 2018-06-30 | 484,448 |
| Active participant vested funding target | 2018-06-30 | 2,749,506 |
| Number of active participants | 2018-06-30 | 105 |
| Total funding liabilities for active participants | 2018-06-30 | 2,766,175 |
| Total participant count | 2018-06-30 | 131 |
| Total funding target for all participants | 2018-06-30 | 3,250,623 |
| Balance at beginning of prior year after applicable adjustments | 2018-06-30 | 10,616 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-06-30 | 0 |
| Amount remaining of carryover balance | 2018-06-30 | 10,616 |
| Amount remaining of prefunding balance | 2018-06-30 | 0 |
| Present value of excess contributions | 2018-06-30 | 470,565 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-06-30 | 498,517 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2018-06-30 | 11,775 |
| Balance of prefunding at beginning of current year | 2018-06-30 | 0 |
| Total employer contributions | 2018-06-30 | 0 |
| Total employee contributions | 2018-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2018-06-30 | 408,603 |
| Net shortfall amortization installment of oustanding balance | 2018-06-30 | 0 |
| Waiver amortization installment | 2018-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Additional cash requirement | 2018-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2018-06-30 | 0 |
| 2017: OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2017 401k membership |
|---|
| Total participants, beginning-of-year | 2017-07-01 | 133 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-07-01 | 83 |
| Number of retired or separated participants receiving benefits | 2017-07-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2017-07-01 | 32 |
| Total of all active and inactive participants | 2017-07-01 | 115 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-07-01 | 0 |
| Total participants | 2017-07-01 | 115 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-07-01 | 13 |
| Market value of plan assets | 2017-06-30 | 5,580,035 |
| Acturial value of plan assets | 2017-06-30 | 5,580,035 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-06-30 | 0 |
| Number of terminated vested participants | 2017-06-30 | 18 |
| Fundng target for terminated vested participants | 2017-06-30 | 518,527 |
| Active participant vested funding target | 2017-06-30 | 3,129,117 |
| Number of active participants | 2017-06-30 | 90 |
| Total funding liabilities for active participants | 2017-06-30 | 3,179,740 |
| Total participant count | 2017-06-30 | 108 |
| Total funding target for all participants | 2017-06-30 | 3,698,267 |
| Balance at beginning of prior year after applicable adjustments | 2017-06-30 | 10,505 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-06-30 | 0 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-06-30 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-06-30 | 0 |
| Amount remaining of carryover balance | 2017-06-30 | 10,505 |
| Amount remaining of prefunding balance | 2017-06-30 | 0 |
| Present value of excess contributions | 2017-06-30 | 569,236 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-06-30 | 603,789 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-06-30 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-06-30 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2017-06-30 | 10,616 |
| Balance of prefunding at beginning of current year | 2017-06-30 | 0 |
| Total employer contributions | 2017-06-30 | 490,000 |
| Total employee contributions | 2017-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-06-30 | 470,565 |
| Unpaid minimum required contributions for all prior years | 2017-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2017-06-30 | 328,376 |
| Net shortfall amortization installment of oustanding balance | 2017-06-30 | 0 |
| Waiver amortization installment | 2017-06-30 | 0 |
| Waived amount of outstanding balance | 2017-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2017-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-06-30 | 0 |
| Additional cash requirement | 2017-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-06-30 | 470,565 |
| Unpaid minimum required contributions for current year | 2017-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2017-06-30 | 0 |
| Measure | Date | Value |
|---|
| 2022 : OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-06-30 | $0 |
| Total income from all sources (including contributions) | 2022-06-30 | $2,648,020 |
| Total loss/gain on sale of assets | 2022-06-30 | $0 |
| Total of all expenses incurred | 2022-06-30 | $621,369 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-06-30 | $621,369 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-06-30 | $3,500,000 |
| Value of total assets at end of year | 2022-06-30 | $7,210,668 |
| Value of total assets at beginning of year | 2022-06-30 | $5,184,017 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-06-30 | $0 |
| Total interest from all sources | 2022-06-30 | $363 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-06-30 | No |
| Was this plan covered by a fidelity bond | 2022-06-30 | Yes |
| Value of fidelity bond cover | 2022-06-30 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-06-30 | 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 | 2022-06-30 | No |
| Value of net income/loss | 2022-06-30 | $2,026,651 |
| Value of net assets at end of year (total assets less liabilities) | 2022-06-30 | $7,210,668 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-06-30 | $5,184,017 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-06-30 | $7,200,218 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-06-30 | $5,144,992 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-06-30 | $363 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-06-30 | $10,450 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-06-30 | $39,025 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-06-30 | $18,655 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-06-30 | $-852,343 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-06-30 | No |
| Contributions received in cash from employer | 2022-06-30 | $3,500,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-06-30 | $602,714 |
| Did the plan have assets held for investment | 2022-06-30 | 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 | 2022-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-06-30 | Unqualified |
| Accountancy firm name | 2022-06-30 | PLANTE MORAN |
| Accountancy firm EIN | 2022-06-30 | 381357951 |
| 2021 : OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-06-30 | $0 |
| Total income from all sources (including contributions) | 2021-06-30 | $1,170,819 |
| Total loss/gain on sale of assets | 2021-06-30 | $0 |
| Total of all expenses incurred | 2021-06-30 | $622,260 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-06-30 | $622,260 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-06-30 | $0 |
| Value of total assets at end of year | 2021-06-30 | $5,184,017 |
| Value of total assets at beginning of year | 2021-06-30 | $4,635,458 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-06-30 | $0 |
| Total interest from all sources | 2021-06-30 | $572 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-06-30 | No |
| Was this plan covered by a fidelity bond | 2021-06-30 | Yes |
| Value of fidelity bond cover | 2021-06-30 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-06-30 | 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 | 2021-06-30 | No |
| Value of net income/loss | 2021-06-30 | $548,559 |
| Value of net assets at end of year (total assets less liabilities) | 2021-06-30 | $5,184,017 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-06-30 | $4,635,458 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-06-30 | $5,144,992 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-06-30 | $4,597,005 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-06-30 | $572 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-06-30 | $39,025 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-06-30 | $38,453 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-06-30 | $1,170,247 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-06-30 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-06-30 | $622,260 |
| Did the plan have assets held for investment | 2021-06-30 | 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 | 2021-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-06-30 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-06-30 | Disclaimer |
| Accountancy firm name | 2021-06-30 | PLANTE MORAN |
| Accountancy firm EIN | 2021-06-30 | 381357951 |
| 2020 : OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-06-30 | $0 |
| Total income from all sources (including contributions) | 2020-06-30 | $-70,287 |
| Total loss/gain on sale of assets | 2020-06-30 | $0 |
| Total of all expenses incurred | 2020-06-30 | $385,481 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-06-30 | $385,481 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-06-30 | $0 |
| Value of total assets at end of year | 2020-06-30 | $4,635,458 |
| Value of total assets at beginning of year | 2020-06-30 | $5,091,226 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-06-30 | $0 |
| Total interest from all sources | 2020-06-30 | $687 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-06-30 | No |
| Was this plan covered by a fidelity bond | 2020-06-30 | Yes |
| Value of fidelity bond cover | 2020-06-30 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-06-30 | 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 | 2020-06-30 | No |
| Value of net income/loss | 2020-06-30 | $-455,768 |
| Value of net assets at end of year (total assets less liabilities) | 2020-06-30 | $4,635,458 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-06-30 | $5,091,226 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-06-30 | $4,597,005 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-06-30 | $5,053,460 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-06-30 | $687 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-06-30 | $38,453 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-06-30 | $37,766 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-06-30 | $-70,974 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-06-30 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-06-30 | $385,481 |
| Did the plan have assets held for investment | 2020-06-30 | 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 | 2020-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2020-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2020-06-30 | Disclaimer |
| Accountancy firm name | 2020-06-30 | PLANTE MORAN |
| Accountancy firm EIN | 2020-06-30 | 381357951 |
| 2019 : OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $0 |
| Total income from all sources (including contributions) | 2019-06-30 | $987,944 |
| Total loss/gain on sale of assets | 2019-06-30 | $0 |
| Total of all expenses incurred | 2019-06-30 | $801,246 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-06-30 | $801,246 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-06-30 | $585,873 |
| Value of total assets at end of year | 2019-06-30 | $5,091,226 |
| Value of total assets at beginning of year | 2019-06-30 | $4,904,528 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-06-30 | $0 |
| Total interest from all sources | 2019-06-30 | $672 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-06-30 | No |
| Was this plan covered by a fidelity bond | 2019-06-30 | Yes |
| Value of fidelity bond cover | 2019-06-30 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-06-30 | 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 | 2019-06-30 | No |
| Value of net income/loss | 2019-06-30 | $186,698 |
| Value of net assets at end of year (total assets less liabilities) | 2019-06-30 | $5,091,226 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-06-30 | $4,904,528 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-06-30 | $5,053,460 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-06-30 | $4,867,434 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-06-30 | $672 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-06-30 | $37,766 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-06-30 | $37,094 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-06-30 | $401,399 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-06-30 | No |
| Contributions received in cash from employer | 2019-06-30 | $585,873 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-06-30 | $801,246 |
| Did the plan have assets held for investment | 2019-06-30 | 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 | 2019-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-06-30 | Disclaimer |
| Accountancy firm name | 2019-06-30 | PLANTE MORAN |
| Accountancy firm EIN | 2019-06-30 | 381357951 |
| 2018 : OPTION 1 CREDIT UNION DEFINED BENEFIT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-06-30 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $0 |
| Total income from all sources (including contributions) | 2018-06-30 | $407,636 |
| Total loss/gain on sale of assets | 2018-06-30 | $0 |
| Total of all expenses incurred | 2018-06-30 | $912,273 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-06-30 | $912,273 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-06-30 | $0 |
| Value of total assets at end of year | 2018-06-30 | $4,867,434 |
| Value of total assets at beginning of year | 2018-06-30 | $5,372,071 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-06-30 | $0 |
| Total interest from all sources | 2018-06-30 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-06-30 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-06-30 | No |
| Was this plan covered by a fidelity bond | 2018-06-30 | Yes |
| Value of fidelity bond cover | 2018-06-30 | $5,000,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-06-30 | No |
| Other income not declared elsewhere | 2018-06-30 | $46,046 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Value of net income/loss | 2018-06-30 | $-504,637 |
| Value of net assets at end of year (total assets less liabilities) | 2018-06-30 | $4,867,434 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-06-30 | $5,372,071 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-06-30 | $4,867,434 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-06-30 | $5,372,071 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-06-30 | $578 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-06-30 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-06-30 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-06-30 | $103,885 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-06-30 | $361,590 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-06-30 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-06-30 | $808,388 |
| Did the plan have assets held for investment | 2018-06-30 | 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 | 2018-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-06-30 | Disclaimer |
| Accountancy firm name | 2018-06-30 | PLANTE MORAN |
| Accountancy firm EIN | 2018-06-30 | 381357951 |
