POWER FINANCIAL CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan POWER FINANCIAL CREDIT UNION 401(K) PLAN
Measure | Date | Value |
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2022 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2022 401k financial data |
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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 | $-1,135,915 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $549,332 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $509,717 |
Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $36,158 |
Value of total corrective distributions | 2022-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $951,617 |
Value of total assets at end of year | 2022-12-31 | $13,754,544 |
Value of total assets at beginning of year | 2022-12-31 | $15,439,791 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $3,457 |
Total interest from all sources | 2022-12-31 | $71,310 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $9,000,000 |
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 | $597,516 |
Participant contributions at end of year | 2022-12-31 | $231,523 |
Participant contributions at beginning of year | 2022-12-31 | $326,251 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $24,294 |
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 | $-1,685,247 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,754,544 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $15,439,791 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,154,703 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,545,574 |
Interest on participant loans | 2022-12-31 | $16,921 |
Interest earned on other investments | 2022-12-31 | $54,389 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $0 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $3,368,318 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,567,966 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,158,842 |
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 | $329,807 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $509,717 |
Contract administrator fees | 2022-12-31 | $3,457 |
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 | NEARMAN, MAYNARD & VALLEZ CPAS |
Accountancy firm EIN | 2022-12-31 | 591906466 |
2021 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
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 | $2,637,420 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $476,122 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $472,358 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $905,571 |
Value of total assets at end of year | 2021-12-31 | $15,439,791 |
Value of total assets at beginning of year | 2021-12-31 | $13,278,493 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $3,764 |
Total interest from all sources | 2021-12-31 | $67,525 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $9,000,000 |
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 | $574,223 |
Participant contributions at end of year | 2021-12-31 | $326,251 |
Participant contributions at beginning of year | 2021-12-31 | $357,254 |
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 | $2,161,298 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $15,439,791 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,278,493 |
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 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,545,574 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $11,155,686 |
Interest on participant loans | 2021-12-31 | $23,015 |
Interest earned on other investments | 2021-12-31 | $44,510 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,567,966 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,765,553 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,664,324 |
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 | $331,348 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $472,358 |
Contract administrator fees | 2021-12-31 | $3,764 |
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 | NEARMAN, MAYNARD, & VALLEZ, CPAS |
Accountancy firm EIN | 2021-12-31 | 591906466 |
2020 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2020 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $2,433,951 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $473,341 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $458,343 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $11,627 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $904,559 |
Value of total assets at end of year | 2020-12-31 | $13,278,493 |
Value of total assets at beginning of year | 2020-12-31 | $11,317,883 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $3,371 |
Total interest from all sources | 2020-12-31 | $63,818 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $9,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $518,753 |
Participant contributions at end of year | 2020-12-31 | $357,254 |
Participant contributions at beginning of year | 2020-12-31 | $354,353 |
Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $79,066 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,960,610 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,278,493 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $11,317,883 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $11,155,686 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $9,121,007 |
Interest on participant loans | 2020-12-31 | $23,735 |
Interest earned on other investments | 2020-12-31 | $40,083 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $4 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $4 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,765,553 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $1,842,519 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,465,574 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $306,740 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $458,343 |
Contract administrator fees | 2020-12-31 | $3,371 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | NEARMAN, MAYNARD & VALLEZ, CPAS |
Accountancy firm EIN | 2020-12-31 | 591906466 |
2019 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2019 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $2,588,389 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $869,465 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $796,415 |
Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $62,760 |
Value of total corrective distributions | 2019-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $892,026 |
Value of total assets at end of year | 2019-12-31 | $11,317,883 |
Value of total assets at beginning of year | 2019-12-31 | $9,598,959 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $10,290 |
Total interest from all sources | 2019-12-31 | $70,902 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $6,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Contributions received from participants | 2019-12-31 | $516,914 |
Participant contributions at end of year | 2019-12-31 | $354,353 |
Participant contributions at beginning of year | 2019-12-31 | $414,938 |
Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $107,587 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $1,718,924 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $11,317,883 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $9,598,959 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $9,121,007 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $7,285,359 |
Interest on participant loans | 2019-12-31 | $26,042 |
Interest earned on other investments | 2019-12-31 | $44,408 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-12-31 | $4 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-12-31 | $27,290 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-12-31 | $27,290 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $452 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $1,842,519 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $1,871,372 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,625,461 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Contributions received in cash from employer | 2019-12-31 | $267,525 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $796,415 |
Contract administrator fees | 2019-12-31 | $10,290 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | NEARMAN, MAYNARD, VALLEZ |
Accountancy firm EIN | 2019-12-31 | 591906466 |
2018 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2018 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $402,772 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $687,958 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $680,714 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $802,433 |
Value of total assets at end of year | 2018-12-31 | $9,598,959 |
Value of total assets at beginning of year | 2018-12-31 | $9,884,145 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $7,244 |
Total interest from all sources | 2018-12-31 | $64,181 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $6,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Contributions received from participants | 2018-12-31 | $489,092 |
Participant contributions at end of year | 2018-12-31 | $414,938 |
Participant contributions at beginning of year | 2018-12-31 | $243,316 |
Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $42,208 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-285,186 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $9,598,959 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $9,884,145 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $7,285,359 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $7,797,332 |
Interest on participant loans | 2018-12-31 | $21,699 |
Interest earned on other investments | 2018-12-31 | $42,298 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $27,290 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $12,080 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $12,080 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $184 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $1,871,372 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $1,831,417 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-463,842 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $271,133 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $680,714 |
Contract administrator fees | 2018-12-31 | $7,244 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | NEARMAN, MAYNARD, VALLEZ |
Accountancy firm EIN | 2018-12-31 | 591906466 |
2017 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $1,903,165 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $1,446,788 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $1,440,206 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $0 |
Value of total corrective distributions | 2017-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $726,602 |
Value of total assets at end of year | 2017-12-31 | $9,884,145 |
Value of total assets at beginning of year | 2017-12-31 | $9,427,768 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $6,582 |
Total interest from all sources | 2017-12-31 | $58,094 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $5,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Contributions received from participants | 2017-12-31 | $430,146 |
Participant contributions at end of year | 2017-12-31 | $243,316 |
Participant contributions at beginning of year | 2017-12-31 | $307,035 |
Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $79,693 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $456,377 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $9,884,145 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $9,427,768 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $7,797,332 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $7,264,797 |
Interest on participant loans | 2017-12-31 | $13,373 |
Interest earned on other investments | 2017-12-31 | $44,159 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2017-12-31 | $12,080 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2017-12-31 | $30,248 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2017-12-31 | $30,248 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $562 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $1,831,417 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $1,825,688 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $1,118,469 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $216,763 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $1,440,206 |
Contract administrator fees | 2017-12-31 | $6,582 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | NEARMAN, MAYNARD, VALLEZ |
Accountancy firm EIN | 2017-12-31 | 591906466 |
2016 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2016 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $1,387,314 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $721,226 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $692,589 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $21,847 |
Value of total corrective distributions | 2016-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $855,732 |
Value of total assets at end of year | 2016-12-31 | $9,427,768 |
Value of total assets at beginning of year | 2016-12-31 | $8,761,680 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $6,790 |
Total interest from all sources | 2016-12-31 | $65,222 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $436,461 |
Participant contributions at end of year | 2016-12-31 | $307,035 |
Participant contributions at beginning of year | 2016-12-31 | $338,015 |
Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $187,719 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $666,088 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $9,427,768 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $8,761,680 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $7,264,797 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $6,387,856 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $0 |
Interest on participant loans | 2016-12-31 | $17,511 |
Interest earned on other investments | 2016-12-31 | $47,711 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2016-12-31 | $30,248 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2016-12-31 | $30,811 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2016-12-31 | $30,811 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $1,825,688 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $2,004,998 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $466,360 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $231,552 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $692,589 |
Contract administrator fees | 2016-12-31 | $6,790 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-12-31 | Yes |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | NEARMAN, MAYNARD, VALLEZ |
Accountancy firm EIN | 2016-12-31 | 591906466 |
2015 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2015 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $717,987 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $266,358 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $246,862 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $14,195 |
Value of total corrective distributions | 2015-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $784,900 |
Value of total assets at end of year | 2015-12-31 | $8,761,680 |
Value of total assets at beginning of year | 2015-12-31 | $8,310,051 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $5,301 |
Total interest from all sources | 2015-12-31 | $66,183 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | Yes |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $408,102 |
Participant contributions at end of year | 2015-12-31 | $338,015 |
Participant contributions at beginning of year | 2015-12-31 | $378,634 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $129,954 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $451,629 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $8,761,680 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $8,310,051 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $6,387,856 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $0 |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $0 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $5,611,914 |
Interest on participant loans | 2015-12-31 | $18,269 |
Interest earned on other investments | 2015-12-31 | $47,914 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-12-31 | $30,811 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $2,004,998 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $2,319,503 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-133,096 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $246,844 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $246,862 |
Contract administrator fees | 2015-12-31 | $5,301 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2015-12-31 | Yes |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | NEARMAN MAYNARD VALEZ CPAS |
Accountancy firm EIN | 2015-12-31 | 591906466 |
2014 : POWER FINANCIAL CREDIT UNION 401(K) 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 | $919,126 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $411,968 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $399,184 |
Value of total corrective distributions | 2014-12-31 | $7,600 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $563,783 |
Value of total assets at end of year | 2014-12-31 | $8,310,051 |
Value of total assets at beginning of year | 2014-12-31 | $7,802,893 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $5,184 |
Total interest from all sources | 2014-12-31 | $64,654 |
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 | $1,000,000 |
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 | $356,927 |
Participant contributions at end of year | 2014-12-31 | $378,634 |
Participant contributions at beginning of year | 2014-12-31 | $329,436 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $21,867 |
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 | $507,158 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $8,310,051 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $7,802,893 |
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 pooled separate accounts at end of year | 2014-12-31 | $5,611,914 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $5,115,284 |
Interest on participant loans | 2014-12-31 | $17,309 |
Interest earned on other investments | 2014-12-31 | $47,345 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $2,319,503 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $2,358,173 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $290,689 |
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 | $184,989 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $399,184 |
Contract administrator fees | 2014-12-31 | $5,184 |
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 | NEARMAN MAYNARD VALEZ CPAS |
Accountancy firm EIN | 2014-12-31 | 591906466 |
2013 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2013 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $1,415,671 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $346,809 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $325,164 |
Value of total corrective distributions | 2013-12-31 | $14,165 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $546,777 |
Value of total assets at end of year | 2013-12-31 | $7,802,893 |
Value of total assets at beginning of year | 2013-12-31 | $6,734,031 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $7,480 |
Total interest from all sources | 2013-12-31 | $68,922 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $349,055 |
Participant contributions at end of year | 2013-12-31 | $329,436 |
Participant contributions at beginning of year | 2013-12-31 | $310,647 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $28,512 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,068,862 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $7,802,893 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $6,734,031 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $5,115,284 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $4,284,283 |
Interest on participant loans | 2013-12-31 | $16,396 |
Interest earned on other investments | 2013-12-31 | $52,526 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $2,358,173 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $2,139,101 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $799,972 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $169,210 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $325,164 |
Contract administrator fees | 2013-12-31 | $7,480 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | NEARMAN MAYNARD VALEZ CPAS |
Accountancy firm EIN | 2013-12-31 | 591906466 |
2012 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2012 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $1,149,013 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $442,565 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $417,129 |
Value of total corrective distributions | 2012-12-31 | $17,691 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $527,573 |
Value of total assets at end of year | 2012-12-31 | $6,734,031 |
Value of total assets at beginning of year | 2012-12-31 | $6,027,583 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $7,745 |
Total interest from all sources | 2012-12-31 | $61,676 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $339,486 |
Participant contributions at end of year | 2012-12-31 | $310,647 |
Participant contributions at beginning of year | 2012-12-31 | $316,223 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $706,448 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $6,734,031 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $6,027,583 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $4,284,283 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $4,321,601 |
Interest on participant loans | 2012-12-31 | $16,143 |
Interest earned on other investments | 2012-12-31 | $45,533 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $2,139,101 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,389,759 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $559,764 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $188,087 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $417,129 |
Contract administrator fees | 2012-12-31 | $7,745 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | NEARMAN MAYNARD VALEZ CPAS |
Accountancy firm EIN | 2012-12-31 | 591906466 |
2011 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2011 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $389,671 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $238,832 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $217,560 |
Value of total corrective distributions | 2011-12-31 | $13,902 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $587,683 |
Value of total assets at end of year | 2011-12-31 | $6,027,583 |
Value of total assets at beginning of year | 2011-12-31 | $5,876,744 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $7,370 |
Total interest from all sources | 2011-12-31 | $43,921 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $352,157 |
Participant contributions at end of year | 2011-12-31 | $316,223 |
Participant contributions at beginning of year | 2011-12-31 | $325,187 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $60,891 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $150,839 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $6,027,583 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $5,876,744 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2011-12-31 | $4,321,601 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $5,017,395 |
Interest on participant loans | 2011-12-31 | $17,402 |
Interest earned on other investments | 2011-12-31 | $26,519 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $1,389,759 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $534,162 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-241,933 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $174,635 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $217,560 |
Contract administrator fees | 2011-12-31 | $7,370 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | NEARMAN MAYNARD VALLEZ CPAS |
Accountancy firm EIN | 2011-12-31 | 591906466 |
2010 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2010 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $973,874 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $325,967 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $302,162 |
Value of total corrective distributions | 2010-12-31 | $9,175 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $374,749 |
Value of total assets at end of year | 2010-12-31 | $5,876,744 |
Value of total assets at beginning of year | 2010-12-31 | $5,228,837 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $14,630 |
Total interest from all sources | 2010-12-31 | $33,902 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $1,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $314,143 |
Participant contributions at end of year | 2010-12-31 | $325,187 |
Participant contributions at beginning of year | 2010-12-31 | $285,071 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $49,748 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $647,907 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $5,876,744 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $5,228,837 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2010-12-31 | $5,017,395 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,462,219 |
Interest on participant loans | 2010-12-31 | $14,776 |
Interest earned on other investments | 2010-12-31 | $19,126 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $534,162 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $481,547 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $565,223 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $10,858 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $302,162 |
Contract administrator fees | 2010-12-31 | $14,630 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | NEARMAN, MAYNARD, VALLEZ CPA'S |
Accountancy firm EIN | 2010-12-31 | 591906466 |
2009 : POWER FINANCIAL CREDIT UNION 401(K) PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |