401k Plan data: FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN plan

FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN
Plan identification number	002

FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION

Employer identification number (EIN): 520905189

NAIC Classification: 522130
NAIC Description: Credit Unions

Additional information about FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION

Jurisdiction of Incorporation: Maryland Secretary of State

Incorporation Date:

Company Identification Number: F00001230

More information about FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 VU TRAN 2024-05-17
002 2022-01-01 VU TRAN 2023-10-06
002 2021-01-01 VU TRAN 2022-06-08
002 2020-01-01 RANDY OLSEN 2021-03-17
002 2020-01-01 RANDY OLSEN 2021-03-31
002 2019-01-01 RANDY OLSEN 2020-04-20
002 2018-01-01 RANDY OLSEN 2019-03-22
002 2017-01-01 RANDY OLSEN 2018-05-16
002 2016-01-01 RANDY OLSEN 2017-06-30
002 2015-01-01 RANDY OLSEN 2016-09-26
002 2014-01-01 RANDY OLSEN RANDY OLSEN 2015-10-13
002 2013-01-01 RANDY OLSEN 2014-10-07 RANDY OLSEN 2014-10-07
002 2012-01-01 RANDY OLSEN 2013-10-01 RANDY OLSEN 2013-10-01
002 2011-01-01 STACEY BINGAMAN 2012-05-22 STACEY BINGAMAN 2012-05-22
002 2010-01-01 STACEY BINGAMAN 2011-04-29 STACEY BINGAMAN 2011-04-29
002 2009-01-01 STACEY BINGAMAN STACEY BINGAMAN 2010-07-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2023-01-01	VU TRAN	2024-05-17
002	2022-01-01	VU TRAN	2023-10-06
002	2021-01-01	VU TRAN	2022-06-08
002	2020-01-01	RANDY OLSEN	2021-03-17
002	2020-01-01	RANDY OLSEN	2021-03-31
002	2019-01-01	RANDY OLSEN	2020-04-20
002	2018-01-01	RANDY OLSEN	2019-03-22
002	2017-01-01	RANDY OLSEN	2018-05-16
002	2016-01-01	RANDY OLSEN	2017-06-30
002	2015-01-01	RANDY OLSEN	2016-09-26
002	2014-01-01	RANDY OLSEN		RANDY OLSEN	2015-10-13
002	2013-01-01	RANDY OLSEN	2014-10-07	RANDY OLSEN	2014-10-07
002	2012-01-01	RANDY OLSEN	2013-10-01	RANDY OLSEN	2013-10-01
002	2011-01-01	STACEY BINGAMAN	2012-05-22	STACEY BINGAMAN	2012-05-22
002	2010-01-01	STACEY BINGAMAN	2011-04-29	STACEY BINGAMAN	2011-04-29
002	2009-01-01	STACEY BINGAMAN		STACEY BINGAMAN	2010-07-30

Financial Data on FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2025 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-05-19	514646
Net assets as of the end of the plan year	2025-05-19	8419587
Total assets as of the beginning of the plan year	2025-05-19	6524488
Value of plan covered by a fidelity bond	2025-05-19	500000
Participant contributions to plan in this plan year	2025-05-19	315428
Value of participant loans at end of plan year	2025-05-19	244920
Other contributions to plan in this plan year	2025-05-19	67078
Other income to plan in this plan year	2025-05-19	1829355
Plan net income in this plan year	2025-05-19	1895099
Net assets as of the end of the plan year	2025-05-19	8419587
Net assets as of the beginning of the plan year	2025-05-19	6524488
Employer contributions to plan in this plan year	2025-05-19	197884
Expensese paid to adminstrative service provicers from plan in this plan year	2025-05-19	36609
2024 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-05-17	418809
Net assets as of the end of the plan year	2024-05-17	6524488
Total assets as of the beginning of the plan year	2024-05-17	5781746
Value of plan covered by a fidelity bond	2024-05-17	500000
Participant contributions to plan in this plan year	2024-05-17	302568
Value of participant loans at end of plan year	2024-05-17	175250
Other income to plan in this plan year	2024-05-17	366696
Plan net income in this plan year	2024-05-17	742742
Net assets as of the end of the plan year	2024-05-17	6524488
Net assets as of the beginning of the plan year	2024-05-17	5781746
Employer contributions to plan in this plan year	2024-05-17	492287
Expensese paid to adminstrative service provicers from plan in this plan year	2024-05-17	31746
2014 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$542,522
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$190,431
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$190,431
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$405,992
Value of total assets at end of year	2014-12-31	$3,053,302
Value of total assets at beginning of year	2014-12-31	$2,701,211
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$0
Total interest from all sources	2014-12-31	$4,797
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$141,925
Participant contributions at end of year	2014-12-31	$94,048
Participant contributions at beginning of year	2014-12-31	$125,584
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$1,409
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$352,091
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,053,302
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$2,701,211
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,388,155
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$2,405,483
Income. Interest from loans (other than to participants)	2014-12-31	$4,797
Value of interest in common/collective trusts at end of year	2014-12-31	$392,488
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2014-12-31	$131,733
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$262,658
Employer contributions (assets) at end of year	2014-12-31	$178,611
Employer contributions (assets) at beginning of year	2014-12-31	$170,144
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$190,431
Did the plan have assets held for investment	2014-12-31	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	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	DELEON & STANG, CPAS AND ADVISORS
Accountancy firm EIN	2014-12-31	521373858
2009 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

2014: FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 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
2009: FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION
Employer identification number (EIN):	520905189
NAIC Classification:	522130
NAIC Description:	Credit Unions

Jurisdiction of Incorporation:	Maryland Secretary of State
Incorporation Date:
Company Identification Number:	F00001230