VELOCITY CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VELOCITY CREDIT UNION PENSION PLAN
Measure | Date | Value |
---|
2022: VELOCITY CREDIT UNION PENSION PLAN 2022 401k membership |
---|
Market value of plan assets | 2022-12-31 | 52,377,069 |
Acturial value of plan assets | 2022-12-31 | 52,377,069 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 8,167,992 |
Number of terminated vested participants | 2022-12-31 | 52 |
Fundng target for terminated vested participants | 2022-12-31 | 4,316,916 |
Active participant vested funding target | 2022-12-31 | 9,402,913 |
Number of active participants | 2022-12-31 | 103 |
Total funding liabilities for active participants | 2022-12-31 | 9,575,387 |
Total participant count | 2022-12-31 | 187 |
Total funding target for all participants | 2022-12-31 | 22,060,295 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 5,852,942 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 19,407,340 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of carryover balance | 2022-12-31 | 5,852,942 |
Amount remaining of prefunding balance | 2022-12-31 | 19,407,340 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 6,699,277 |
Balance of prefunding at beginning of current year | 2022-12-31 | 22,213,641 |
Total employer contributions | 2022-12-31 | 0 |
Total employee contributions | 2022-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 848,329 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Additional cash requirement | 2022-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 187 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 95 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 28 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 54 |
Total of all active and inactive participants | 2022-01-01 | 177 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 5 |
Total participants | 2022-01-01 | 182 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: VELOCITY CREDIT UNION PENSION PLAN 2021 401k membership |
---|
Market value of plan assets | 2021-12-31 | 49,127,275 |
Acturial value of plan assets | 2021-12-31 | 49,127,275 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 8,203,208 |
Number of terminated vested participants | 2021-12-31 | 83 |
Fundng target for terminated vested participants | 2021-12-31 | 3,182,543 |
Active participant vested funding target | 2021-12-31 | 9,608,893 |
Number of active participants | 2021-12-31 | 116 |
Total funding liabilities for active participants | 2021-12-31 | 9,895,667 |
Total participant count | 2021-12-31 | 231 |
Total funding target for all participants | 2021-12-31 | 21,281,418 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 5,186,020 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 17,195,942 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 5,186,020 |
Amount remaining of prefunding balance | 2021-12-31 | 17,195,942 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 5,852,942 |
Balance of prefunding at beginning of current year | 2021-12-31 | 19,407,340 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 839,777 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 231 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 103 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 28 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 52 |
Total of all active and inactive participants | 2021-01-01 | 183 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 4 |
Total participants | 2021-01-01 | 187 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 4 |
2020: VELOCITY CREDIT UNION PENSION PLAN 2020 401k membership |
---|
Market value of plan assets | 2020-12-31 | 44,161,434 |
Acturial value of plan assets | 2020-12-31 | 44,161,434 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 8,017,522 |
Number of terminated vested participants | 2020-12-31 | 76 |
Fundng target for terminated vested participants | 2020-12-31 | 2,964,510 |
Active participant vested funding target | 2020-12-31 | 8,662,206 |
Number of active participants | 2020-12-31 | 132 |
Total funding liabilities for active participants | 2020-12-31 | 9,115,565 |
Total participant count | 2020-12-31 | 238 |
Total funding target for all participants | 2020-12-31 | 20,097,597 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 4,417,770 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 14,648,558 |
Amount remaining of carryover balance | 2020-12-31 | 4,417,770 |
Amount remaining of prefunding balance | 2020-12-31 | 14,648,558 |
Present value of excess contributions | 2020-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 5,186,020 |
Balance of prefunding at beginning of current year | 2020-12-31 | 17,195,942 |
Total employer contributions | 2020-12-31 | 0 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 1,043,549 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 238 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 116 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 29 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 83 |
Total of all active and inactive participants | 2020-01-01 | 228 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 3 |
Total participants | 2020-01-01 | 231 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 7 |
2019: VELOCITY CREDIT UNION PENSION PLAN 2019 401k membership |
---|
Market value of plan assets | 2019-12-31 | 38,215,243 |
Acturial value of plan assets | 2019-12-31 | 38,215,243 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 7,851,447 |
Number of terminated vested participants | 2019-12-31 | 69 |
Fundng target for terminated vested participants | 2019-12-31 | 2,476,621 |
Active participant vested funding target | 2019-12-31 | 7,441,874 |
Number of active participants | 2019-12-31 | 154 |
Total funding liabilities for active participants | 2019-12-31 | 7,916,491 |
Total participant count | 2019-12-31 | 253 |
Total funding target for all participants | 2019-12-31 | 18,244,559 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 7,149,100 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 15,270,049 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 7,149,100 |
Amount remaining of prefunding balance | 2019-12-31 | 15,270,049 |
Present value of excess contributions | 2019-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 2,440,362 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
Balance of carryovers at beginning of current year | 2019-12-31 | 4,417,770 |
Balance of prefunding at beginning of current year | 2019-12-31 | 14,648,558 |
Total employer contributions | 2019-12-31 | 0 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 904,356 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 253 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 132 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 27 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 77 |
Total of all active and inactive participants | 2019-01-01 | 236 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 3 |
Total participants | 2019-01-01 | 239 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 13 |
2018: VELOCITY CREDIT UNION PENSION PLAN 2018 401k membership |
---|
Market value of plan assets | 2018-12-31 | 40,490,959 |
Acturial value of plan assets | 2018-12-31 | 40,490,959 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 8,179,159 |
Number of terminated vested participants | 2018-12-31 | 62 |
Fundng target for terminated vested participants | 2018-12-31 | 2,014,249 |
Active participant vested funding target | 2018-12-31 | 6,735,133 |
Number of active participants | 2018-12-31 | 159 |
Total funding liabilities for active participants | 2018-12-31 | 7,131,681 |
Total participant count | 2018-12-31 | 250 |
Total funding target for all participants | 2018-12-31 | 17,325,089 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 7,874,067 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 13,586,662 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 7,874,067 |
Amount remaining of prefunding balance | 2018-12-31 | 13,586,662 |
Present value of excess contributions | 2018-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 1,700,564 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 7,149,100 |
Balance of prefunding at beginning of current year | 2018-12-31 | 15,270,049 |
Total employer contributions | 2018-12-31 | 0 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 746,721 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 250 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 151 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 26 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 69 |
Total of all active and inactive participants | 2018-01-01 | 246 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 4 |
Total participants | 2018-01-01 | 250 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 20 |
2017: VELOCITY CREDIT UNION PENSION PLAN 2017 401k membership |
---|
Market value of plan assets | 2017-12-31 | 38,634,154 |
Acturial value of plan assets | 2017-12-31 | 38,634,154 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 7,033,932 |
Number of terminated vested participants | 2017-12-31 | 82 |
Fundng target for terminated vested participants | 2017-12-31 | 2,522,792 |
Active participant vested funding target | 2017-12-31 | 6,553,639 |
Number of active participants | 2017-12-31 | 156 |
Total funding liabilities for active participants | 2017-12-31 | 6,943,043 |
Total participant count | 2017-12-31 | 262 |
Total funding target for all participants | 2017-12-31 | 16,499,767 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 8,653,882 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 12,987,919 |
Amount remaining of carryover balance | 2017-12-31 | 8,653,882 |
Amount remaining of prefunding balance | 2017-12-31 | 12,987,919 |
Present value of excess contributions | 2017-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 1,178,759 |
Balance of carryovers at beginning of current year | 2017-12-31 | 7,874,067 |
Balance of prefunding at beginning of current year | 2017-12-31 | 13,586,662 |
Total employer contributions | 2017-12-31 | 0 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 673,657 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 262 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 159 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 25 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 62 |
Total of all active and inactive participants | 2017-01-01 | 246 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 4 |
Total participants | 2017-01-01 | 250 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 26 |
2016: VELOCITY CREDIT UNION PENSION PLAN 2016 401k membership |
---|
Market value of plan assets | 2016-12-31 | 37,463,417 |
Acturial value of plan assets | 2016-12-31 | 37,463,417 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 6,878,432 |
Number of terminated vested participants | 2016-12-31 | 72 |
Fundng target for terminated vested participants | 2016-12-31 | 2,285,317 |
Active participant vested funding target | 2016-12-31 | 5,677,017 |
Number of active participants | 2016-12-31 | 146 |
Total funding liabilities for active participants | 2016-12-31 | 6,073,222 |
Total participant count | 2016-12-31 | 241 |
Total funding target for all participants | 2016-12-31 | 15,236,971 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 9,067,892 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 12,927,161 |
Amount remaining of carryover balance | 2016-12-31 | 9,067,892 |
Amount remaining of prefunding balance | 2016-12-31 | 12,927,161 |
Present value of excess contributions | 2016-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 456,629 |
Balance of carryovers at beginning of current year | 2016-12-31 | 8,653,882 |
Balance of prefunding at beginning of current year | 2016-12-31 | 12,987,919 |
Total employer contributions | 2016-12-31 | 0 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 584,645 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 242 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 156 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 21 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 82 |
Total of all active and inactive participants | 2016-01-01 | 259 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 4 |
Total participants | 2016-01-01 | 263 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 15 |
2015: VELOCITY CREDIT UNION PENSION PLAN 2015 401k membership |
---|
Total participants, beginning-of-year | 2015-01-01 | 232 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 146 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 20 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 72 |
Total of all active and inactive participants | 2015-01-01 | 238 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 3 |
Total participants | 2015-01-01 | 241 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 13 |
2014: VELOCITY CREDIT UNION PENSION PLAN 2014 401k membership |
---|
Total participants, beginning-of-year | 2014-01-01 | 207 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 150 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 22 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 60 |
Total of all active and inactive participants | 2014-01-01 | 232 |
Total participants | 2014-01-01 | 232 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 8 |
2013: VELOCITY CREDIT UNION PENSION PLAN 2013 401k membership |
---|
Total participants, beginning-of-year | 2013-01-01 | 212 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 132 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 15 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 58 |
Total of all active and inactive participants | 2013-01-01 | 205 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 2 |
Total participants | 2013-01-01 | 207 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 6 |
2012: VELOCITY CREDIT UNION PENSION PLAN 2012 401k membership |
---|
Total participants, beginning-of-year | 2012-01-01 | 212 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 150 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 14 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 45 |
Total of all active and inactive participants | 2012-01-01 | 209 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 2 |
Total participants | 2012-01-01 | 211 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 10 |
2011: VELOCITY CREDIT UNION PENSION PLAN 2011 401k membership |
---|
Total participants, beginning-of-year | 2011-01-01 | 226 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 156 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 11 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 43 |
Total of all active and inactive participants | 2011-01-01 | 210 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 2 |
Total participants | 2011-01-01 | 212 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 33 |
2010: VELOCITY CREDIT UNION PENSION PLAN 2010 401k membership |
---|
Total participants, beginning-of-year | 2010-01-01 | 212 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 181 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 9 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 34 |
Total of all active and inactive participants | 2010-01-01 | 224 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 2 |
Total participants | 2010-01-01 | 226 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 4 |
2009: VELOCITY CREDIT UNION PENSION PLAN 2009 401k membership |
---|
Total participants, beginning-of-year | 2009-01-01 | 188 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 170 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 7 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 33 |
Total of all active and inactive participants | 2009-01-01 | 210 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 2 |
Total participants | 2009-01-01 | 212 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 15 |
Measure | Date | Value |
---|
2022 : VELOCITY CREDIT UNION PENSION PLAN 2022 401k financial data |
---|
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 | $-7,666,373 |
Total loss/gain on sale of assets | 2022-12-31 | $0 |
Total of all expenses incurred | 2022-12-31 | $3,260,452 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $3,236,392 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
Value of total assets at end of year | 2022-12-31 | $41,450,244 |
Value of total assets at beginning of year | 2022-12-31 | $52,377,069 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $24,060 |
Total interest from all sources | 2022-12-31 | $146,932 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Administrative expenses (other) incurred | 2022-12-31 | $24,060 |
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 | $-10,926,825 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $41,450,244 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $52,377,069 |
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 pooled separate accounts at end of year | 2022-12-31 | $27,484,766 |
Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $37,531,608 |
Interest earned on other investments | 2022-12-31 | $146,932 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $13,965,478 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $14,845,461 |
Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-7,813,305 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $3,236,392 |
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 | CLIFTONLARSENALLEN LLP |
Accountancy firm EIN | 2022-12-31 | 410746749 |
2021 : VELOCITY CREDIT UNION PENSION PLAN 2021 401k financial data |
---|
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 | $6,851,937 |
Total loss/gain on sale of assets | 2021-12-31 | $0 |
Total of all expenses incurred | 2021-12-31 | $3,602,144 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $3,577,169 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
Value of total assets at end of year | 2021-12-31 | $52,377,069 |
Value of total assets at beginning of year | 2021-12-31 | $49,127,276 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $24,975 |
Total interest from all sources | 2021-12-31 | $238,382 |
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 |
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 |
Administrative expenses (other) incurred | 2021-12-31 | $24,975 |
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 | $3,249,793 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $52,377,069 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $49,127,276 |
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 pooled separate accounts at end of year | 2021-12-31 | $37,531,608 |
Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $33,474,436 |
Interest earned on other investments | 2021-12-31 | $238,382 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $14,845,461 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $15,652,840 |
Net investment gain/loss from pooled separate accounts | 2021-12-31 | $6,613,555 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $3,577,169 |
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 | CLIFTONLARSENALLEN LLP |
Accountancy firm EIN | 2021-12-31 | 410746749 |
2020 : VELOCITY CREDIT UNION PENSION PLAN 2020 401k financial data |
---|
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 | $5,638,023 |
Total loss/gain on sale of assets | 2020-12-31 | $0 |
Total of all expenses incurred | 2020-12-31 | $672,181 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $645,896 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $49,127,276 |
Value of total assets at beginning of year | 2020-12-31 | $44,161,434 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $26,285 |
Total interest from all sources | 2020-12-31 | $244,956 |
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 |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Administrative expenses (other) incurred | 2020-12-31 | $26,285 |
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 | $4,965,842 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $49,127,276 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $44,161,434 |
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 pooled separate accounts at end of year | 2020-12-31 | $33,474,436 |
Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $28,535,658 |
Interest earned on other investments | 2020-12-31 | $244,956 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $15,652,840 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $15,625,776 |
Net investment gain/loss from pooled separate accounts | 2020-12-31 | $5,393,067 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $645,896 |
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 | CLIFTONLARSENALLEN LLP |
Accountancy firm EIN | 2020-12-31 | 410746749 |
2019 : VELOCITY CREDIT UNION PENSION PLAN 2019 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
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 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 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 | $6,591,093 |
Total income from all sources (including contributions) | 2019-12-31 | $6,591,093 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total loss/gain on sale of assets | 2019-12-31 | $0 |
Total of all expenses incurred | 2019-12-31 | $644,902 |
Total of all expenses incurred | 2019-12-31 | $644,902 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $627,122 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $627,122 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
Value of total assets at end of year | 2019-12-31 | $44,161,434 |
Value of total assets at end of year | 2019-12-31 | $44,161,434 |
Value of total assets at beginning of year | 2019-12-31 | $38,215,243 |
Value of total assets at beginning of year | 2019-12-31 | $38,215,243 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $17,780 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $17,780 |
Total interest from all sources | 2019-12-31 | $238,798 |
Total interest from all sources | 2019-12-31 | $238,798 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
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 |
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 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $9,000,000 |
Value of fidelity bond cover | 2019-12-31 | $9,000,000 |
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 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Administrative expenses (other) incurred | 2019-12-31 | $17,780 |
Administrative expenses (other) incurred | 2019-12-31 | $17,780 |
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 |
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 | $5,946,191 |
Value of net income/loss | 2019-12-31 | $5,946,191 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $44,161,434 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $44,161,434 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $38,215,243 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $38,215,243 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
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 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 |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $28,535,658 |
Value of interest in pooled separate accounts at end of year | 2019-12-31 | $28,535,658 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $22,587,213 |
Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $22,587,213 |
Interest earned on other investments | 2019-12-31 | $238,798 |
Interest earned on other investments | 2019-12-31 | $238,798 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $15,625,776 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $15,625,776 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $15,628,030 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $15,628,030 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $6,352,295 |
Net investment gain/loss from pooled separate accounts | 2019-12-31 | $6,352,295 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 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 |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $627,122 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $627,122 |
Did the plan have assets held for investment | 2019-12-31 | Yes |
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 |
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 |
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 |
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 |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CLIFTONLARSENALLEN LLP |
Accountancy firm name | 2019-12-31 | CLIFTONLARSENALLEN LLP |
Accountancy firm EIN | 2019-12-31 | 410746749 |
Accountancy firm EIN | 2019-12-31 | 410746749 |
2018 : VELOCITY CREDIT UNION PENSION PLAN 2018 401k financial data |
---|
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 | $-1,636,542 |
Total loss/gain on sale of assets | 2018-12-31 | $0 |
Total of all expenses incurred | 2018-12-31 | $639,174 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $630,813 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
Value of total assets at end of year | 2018-12-31 | $38,215,243 |
Value of total assets at beginning of year | 2018-12-31 | $40,490,959 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $8,361 |
Total interest from all sources | 2018-12-31 | $221,051 |
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 | $9,000,000 |
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 |
Administrative expenses (other) incurred | 2018-12-31 | $8,361 |
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 | $-2,275,716 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $38,215,243 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $40,490,959 |
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 pooled separate accounts at end of year | 2018-12-31 | $22,587,213 |
Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $23,080,425 |
Interest earned on other investments | 2018-12-31 | $221,051 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $15,628,030 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $17,410,534 |
Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-1,857,593 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $630,813 |
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 | CLIFTONLARSENALLEN LLP |
Accountancy firm EIN | 2018-12-31 | 410746749 |
2017 : VELOCITY CREDIT UNION PENSION PLAN 2017 401k financial data |
---|
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 | $4,621,603 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $2,764,798 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $2,755,272 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $0 |
Value of total assets at end of year | 2017-12-31 | $40,490,959 |
Value of total assets at beginning of year | 2017-12-31 | $38,634,154 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $9,526 |
Total interest from all sources | 2017-12-31 | $224,683 |
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 | $9,000,000 |
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 |
Administrative expenses (other) incurred | 2017-12-31 | $9,526 |
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 | $1,856,805 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $40,490,959 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $38,634,154 |
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 pooled separate accounts at end of year | 2017-12-31 | $23,080,425 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $20,031,940 |
Interest earned on other investments | 2017-12-31 | $224,683 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $17,410,534 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $18,602,214 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $4,396,920 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $2,755,272 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2017-12-31 | 410746749 |
2016 : VELOCITY CREDIT UNION PENSION 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 | $1,715,054 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $544,317 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $534,977 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $0 |
Value of total assets at end of year | 2016-12-31 | $38,634,154 |
Value of total assets at beginning of year | 2016-12-31 | $37,463,417 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $9,340 |
Total interest from all sources | 2016-12-31 | $238,847 |
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 | $9,000,000 |
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 |
Administrative expenses (other) incurred | 2016-12-31 | $9,340 |
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 | $1,170,737 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $38,634,154 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $37,463,417 |
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 pooled separate accounts at end of year | 2016-12-31 | $20,031,940 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $18,643,370 |
Interest earned on other investments | 2016-12-31 | $238,847 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $18,602,214 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $18,820,047 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $1,476,207 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $534,977 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2016-12-31 | 410746749 |
2015 : VELOCITY CREDIT UNION PENSION 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 | $176,470 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $535,874 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $527,846 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $0 |
Value of total assets at end of year | 2015-12-31 | $37,463,417 |
Value of total assets at beginning of year | 2015-12-31 | $37,822,821 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $8,028 |
Total interest from all sources | 2015-12-31 | $249,335 |
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 | $9,000,000 |
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 |
Administrative expenses (other) incurred | 2015-12-31 | $8,028 |
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 | $-359,404 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $37,463,417 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $37,822,821 |
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 pooled separate accounts at end of year | 2015-12-31 | $18,643,370 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $18,924,467 |
Interest earned on other investments | 2015-12-31 | $249,335 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $18,820,047 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $18,898,354 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-72,865 |
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 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $527,846 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2015-12-31 | 410746749 |
2014 : VELOCITY CREDIT UNION PENSION 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 | $1,529,364 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $526,288 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $518,072 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $0 |
Value of total assets at end of year | 2014-12-31 | $37,822,821 |
Value of total assets at beginning of year | 2014-12-31 | $36,819,745 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $8,216 |
Total interest from all sources | 2014-12-31 | $249,135 |
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 | $6,750,000 |
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 |
Administrative expenses (other) incurred | 2014-12-31 | $8,216 |
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 | $1,003,076 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $37,822,821 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $36,819,745 |
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 | $18,924,467 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $18,931,725 |
Interest earned on other investments | 2014-12-31 | $249,135 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $18,898,354 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $17,888,020 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $1,280,229 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $518,072 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2014-12-31 | 410746749 |
2013 : VELOCITY CREDIT UNION PENSION 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 | $4,979,295 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $480,435 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $472,253 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $0 |
Value of total assets at end of year | 2013-12-31 | $36,819,745 |
Value of total assets at beginning of year | 2013-12-31 | $32,320,885 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $8,182 |
Total interest from all sources | 2013-12-31 | $258,326 |
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 | $6,750,000 |
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 |
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 | $4,498,860 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $36,819,745 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $32,320,885 |
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 | $18,931,725 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $16,537,548 |
Interest earned on other investments | 2013-12-31 | $258,326 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $17,888,020 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $15,783,337 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $4,720,969 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $472,253 |
Contract administrator fees | 2013-12-31 | $8,182 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2013-12-31 | 410746749 |
2012 : VELOCITY CREDIT UNION PENSION 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 | $2,199,077 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $321,709 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $312,889 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $0 |
Value of total assets at end of year | 2012-12-31 | $32,320,885 |
Value of total assets at beginning of year | 2012-12-31 | $30,443,517 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $8,820 |
Total interest from all sources | 2012-12-31 | $293,785 |
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 | $6,750,000 |
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 |
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 | $1,877,368 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $32,320,885 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $30,443,517 |
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 | $16,537,548 |
Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $10,188,039 |
Interest earned on other investments | 2012-12-31 | $293,785 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $15,783,337 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $20,255,478 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $1,905,292 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $312,889 |
Contract administrator fees | 2012-12-31 | $8,820 |
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 | CLIFTONLARSONALLEN LLP |
Accountancy firm EIN | 2012-12-31 | 410746749 |
2011 : VELOCITY CREDIT UNION PENSION 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 | $9,735,025 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $209,234 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $200,778 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $10,000,000 |
Value of total assets at end of year | 2011-12-31 | $30,443,517 |
Value of total assets at beginning of year | 2011-12-31 | $20,917,726 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $8,456 |
Total interest from all sources | 2011-12-31 | $238,531 |
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 | $6,000,000 |
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 |
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 | $9,525,791 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $30,443,517 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $20,917,726 |
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 | $10,188,039 |
Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $10,641,782 |
Interest earned on other investments | 2011-12-31 | $238,531 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $20,255,478 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $10,275,944 |
Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-503,506 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
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 | $10,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $200,778 |
Contract administrator fees | 2011-12-31 | $8,456 |
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 | CLIFTON LARSON ALLEN, LLP |
Accountancy firm EIN | 2011-12-31 | 410746749 |
2010 : VELOCITY CREDIT UNION PENSION PLAN 2010 401k financial data |
---|
Total income from all sources (including contributions) | 2010-12-31 | $1,518,253 |
Total of all expenses incurred | 2010-12-31 | $190,245 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $182,381 |
Value of total assets at end of year | 2010-12-31 | $20,917,726 |
Value of total assets at beginning of year | 2010-12-31 | $19,589,718 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $7,864 |
Total interest from all sources | 2010-12-31 | $230,958 |
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 | $5,000,000 |
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 |
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 | $1,328,008 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $20,917,726 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $19,589,718 |
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 | $10,641,782 |
Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $8,613,682 |
Interest earned on other investments | 2010-12-31 | $230,958 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $10,275,944 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $10,976,036 |
Net investment gain/loss from pooled separate accounts | 2010-12-31 | $1,287,295 |
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 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $182,381 |
Contract administrator fees | 2010-12-31 | $7,864 |
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 | CLIFTON GUNDERSON, LLP |
Accountancy firm EIN | 2010-12-31 | 370802863 |
2009 : VELOCITY CREDIT UNION PENSION 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 |