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FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 401k Plan overview

Plan NameFIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN
Plan identification number 004

FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • 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 DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042023-01-01RANDY OLSEN2024-09-23
0042022-01-01RANDY OLSEN2023-10-06

Financial Data on FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN

Measure Date Value
2025 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-150
Total liabilities as of the end of the plan year2025-10-150
Total liabilities as of the beginning of the plan year2025-10-150
Total expenses incurred by plan in this plan year2025-10-15350163
Net assets as of the end of the plan year2025-10-1524655782
Total assets as of the beginning of the plan year2025-10-1522691386
Value of plan covered by a fidelity bond2025-10-155000000
Participant contributions to plan in this plan year2025-10-150
Other expenses paid from plan in this plan year2025-10-150
Other contributions to plan in this plan year2025-10-150
Other income to plan in this plan year2025-10-152314559
Plan net income in this plan year2025-10-151964396
Net assets as of the end of the plan year2025-10-1524655782
Net assets as of the beginning of the plan year2025-10-1522691386
Employer contributions to plan in this plan year2025-10-150
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-1552476
2024 : FIRST PEOPLES COMMUNITY FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-09-230
Total liabilities as of the end of the plan year2024-09-230
Total liabilities as of the beginning of the plan year2024-09-230
Total expenses incurred by plan in this plan year2024-09-23137896
Net assets as of the end of the plan year2024-09-2322691386
Total assets as of the beginning of the plan year2024-09-2318390159
Value of plan covered by a fidelity bond2024-09-235000000
Participant contributions to plan in this plan year2024-09-230
Other expenses paid from plan in this plan year2024-09-230
Other contributions to plan in this plan year2024-09-230
Other income to plan in this plan year2024-09-232439123
Plan net income in this plan year2024-09-234301227
Net assets as of the end of the plan year2024-09-2322691386
Net assets as of the beginning of the plan year2024-09-2318390159
Employer contributions to plan in this plan year2024-09-232000000
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-2344632

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