401k Plan data: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST plan

NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 401k Plan overview

Plan Name	NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
Plan identification number	001

NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NAFT FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: NAFT FEDERAL CREDIT UNION

Employer identification number (EIN): 741274227

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-09-01 DORA E GONZALEZ 2022-12-22
001 2020-09-01 DORA E GONZALEZ 2021-11-24
001 2019-09-01 DORA E GONZALEZ 2021-03-03
001 2018-09-01 DORA E GONZALEZ 2020-02-27
001 2017-09-01 DORA E GONZALEZ 2019-02-26
001 2016-09-01 DORA E GONZALEZ 2018-03-23
001 2015-09-01 DORA E GONZALEZ 2017-02-17
001 2014-09-01 DORA E GONZALEZ 2016-03-08
001 2013-09-01 DORA E GONZALEZ 2015-01-14
001 2012-09-01 DORA E GONZALEZ 2014-04-22
001 2011-09-01 SUZY BRINKMAN-DOUGHTY 2012-11-29
001 2010-09-01 SUZY BRINKMAN-DOUGHTY 2012-05-21

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2021-09-01	DORA E GONZALEZ	2022-12-22
001	2020-09-01	DORA E GONZALEZ	2021-11-24
001	2019-09-01	DORA E GONZALEZ	2021-03-03
001	2018-09-01	DORA E GONZALEZ	2020-02-27
001	2017-09-01	DORA E GONZALEZ	2019-02-26
001	2016-09-01	DORA E GONZALEZ	2018-03-23
001	2015-09-01	DORA E GONZALEZ	2017-02-17
001	2014-09-01	DORA E GONZALEZ	2016-03-08
001	2013-09-01	DORA E GONZALEZ	2015-01-14
001	2012-09-01	DORA E GONZALEZ	2014-04-22
001	2011-09-01	SUZY BRINKMAN-DOUGHTY	2012-11-29
001	2010-09-01	SUZY BRINKMAN-DOUGHTY	2012-05-21

Plan Statistics for NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

401k plan membership statisitcs for NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Measure Date Value
2022: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets 2022-08-31 3,074,712
Acturial value of plan assets 2022-08-31 3,074,712
Funding target for retired participants and beneficiaries receiving payment 2022-08-31 0
Number of terminated vested participants 2022-08-31 0
Fundng target for terminated vested participants 2022-08-31 0
Active participant vested funding target 2022-08-31 1,453,479
Number of active participants 2022-08-31 17
Total funding liabilities for active participants 2022-08-31 1,453,479
Total participant count 2022-08-31 17
Total funding target for all participants 2022-08-31 1,453,479
Balance at beginning of prior year after applicable adjustments 2022-08-31 310,708
Prefunding balance at beginning of prior year after applicable adjustments 2022-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2022-08-31 0
Prefunding balanced used to offset prior years funding requirement 2022-08-31 0
Amount remaining of carryover balance 2022-08-31 310,708
Amount remaining of prefunding balance 2022-08-31 0
Present value of excess contributions 2022-08-31 153,777
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-08-31 161,697
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-08-31 0
Reductions in caryover balances due to elections or deemed elections 2022-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-08-31 0
Balance of carryovers at beginning of current year 2022-08-31 386,024
Balance of prefunding at beginning of current year 2022-08-31 0
Total employer contributions 2022-08-31 1,174,178
Total employee contributions 2022-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-08-31 1,146,311
Unpaid minimum required contributions for all prior years 2022-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-08-31 0
Remaining amount of unpaid minimum required contributions 2022-08-31 0
Minimum required contributions for current year target normal cost 2022-08-31 103,066
Net shortfall amortization installment of oustanding balance 2022-08-31 0
Waiver amortization installment 2022-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-08-31 0
Carryover balance elected to use to offset funding requirement 2022-08-31 0
Prefunding balance elected to use to offset funding requirement 2022-08-31 0
Additional cash requirement 2022-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-08-31 1,146,311
Unpaid minimum required contributions for current year 2022-08-31 0
Unpaid minimum required contributions for all years 2022-08-31 0
2021: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets 2021-08-31 2,343,129
Acturial value of plan assets 2021-08-31 2,343,129
Funding target for retired participants and beneficiaries receiving payment 2021-08-31 0
Number of terminated vested participants 2021-08-31 0
Fundng target for terminated vested participants 2021-08-31 0
Active participant vested funding target 2021-08-31 1,336,695
Number of active participants 2021-08-31 18
Total funding liabilities for active participants 2021-08-31 1,336,695
Total participant count 2021-08-31 18
Total funding target for all participants 2021-08-31 1,336,695
Balance at beginning of prior year after applicable adjustments 2021-08-31 298,815
Prefunding balance at beginning of prior year after applicable adjustments 2021-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-08-31 0
Prefunding balanced used to offset prior years funding requirement 2021-08-31 0
Amount remaining of carryover balance 2021-08-31 298,815
Amount remaining of prefunding balance 2021-08-31 0
Present value of excess contributions 2021-08-31 122,568
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-08-31 129,101
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-08-31 0
Reductions in caryover balances due to elections or deemed elections 2021-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-08-31 0
Balance of carryovers at beginning of current year 2021-08-31 310,708
Balance of prefunding at beginning of current year 2021-08-31 0
Total employer contributions 2021-08-31 157,980
Total employee contributions 2021-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-08-31 153,777
Unpaid minimum required contributions for all prior years 2021-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-08-31 0
Remaining amount of unpaid minimum required contributions 2021-08-31 0
Minimum required contributions for current year target normal cost 2021-08-31 107,783
Net shortfall amortization installment of oustanding balance 2021-08-31 0
Waiver amortization installment 2021-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-08-31 0
Carryover balance elected to use to offset funding requirement 2021-08-31 0
Prefunding balance elected to use to offset funding requirement 2021-08-31 0
Additional cash requirement 2021-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2021-08-31 153,777
Unpaid minimum required contributions for current year 2021-08-31 0
Unpaid minimum required contributions for all years 2021-08-31 0
2020: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets 2020-08-31 2,136,423
Acturial value of plan assets 2020-08-31 2,136,423
Funding target for retired participants and beneficiaries receiving payment 2020-08-31 0
Number of terminated vested participants 2020-08-31 0
Fundng target for terminated vested participants 2020-08-31 0
Active participant vested funding target 2020-08-31 1,145,970
Number of active participants 2020-08-31 19
Total funding liabilities for active participants 2020-08-31 1,145,970
Total participant count 2020-08-31 19
Total funding target for all participants 2020-08-31 1,145,970
Balance at beginning of prior year after applicable adjustments 2020-08-31 289,073
Prefunding balance at beginning of prior year after applicable adjustments 2020-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-08-31 0
Prefunding balanced used to offset prior years funding requirement 2020-08-31 0
Amount remaining of carryover balance 2020-08-31 289,073
Amount remaining of prefunding balance 2020-08-31 0
Present value of excess contributions 2020-08-31 397,307
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-08-31 419,675
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-08-31 0
Reductions in caryover balances due to elections or deemed elections 2020-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-08-31 0
Balance of carryovers at beginning of current year 2020-08-31 298,815
Balance of prefunding at beginning of current year 2020-08-31 0
Total employer contributions 2020-08-31 125,944
Total employee contributions 2020-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-08-31 122,568
Unpaid minimum required contributions for all prior years 2020-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-08-31 0
Remaining amount of unpaid minimum required contributions 2020-08-31 0
Minimum required contributions for current year target normal cost 2020-08-31 88,903
Net shortfall amortization installment of oustanding balance 2020-08-31 0
Waiver amortization installment 2020-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-08-31 0
Carryover balance elected to use to offset funding requirement 2020-08-31 0
Prefunding balance elected to use to offset funding requirement 2020-08-31 0
Additional cash requirement 2020-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2020-08-31 122,568
Unpaid minimum required contributions for current year 2020-08-31 0
Unpaid minimum required contributions for all years 2020-08-31 0
2019: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets 2019-08-31 1,669,037
Acturial value of plan assets 2019-08-31 1,669,037
Funding target for retired participants and beneficiaries receiving payment 2019-08-31 0
Number of terminated vested participants 2019-08-31 1
Fundng target for terminated vested participants 2019-08-31 3,277
Active participant vested funding target 2019-08-31 961,539
Number of active participants 2019-08-31 19
Total funding liabilities for active participants 2019-08-31 961,539
Total participant count 2019-08-31 20
Total funding target for all participants 2019-08-31 964,816
Balance at beginning of prior year after applicable adjustments 2019-08-31 267,859
Prefunding balance at beginning of prior year after applicable adjustments 2019-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-08-31 0
Prefunding balanced used to offset prior years funding requirement 2019-08-31 0
Amount remaining of carryover balance 2019-08-31 267,859
Amount remaining of prefunding balance 2019-08-31 0
Present value of excess contributions 2019-08-31 301,503
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-08-31 319,292
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-08-31 0
Reductions in caryover balances due to elections or deemed elections 2019-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-08-31 0
Balance of carryovers at beginning of current year 2019-08-31 289,073
Balance of prefunding at beginning of current year 2019-08-31 0
Total employer contributions 2019-08-31 406,906
Total employee contributions 2019-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-08-31 397,307
Unpaid minimum required contributions for all prior years 2019-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-08-31 0
Remaining amount of unpaid minimum required contributions 2019-08-31 0
Minimum required contributions for current year target normal cost 2019-08-31 71,016
Net shortfall amortization installment of oustanding balance 2019-08-31 0
Waiver amortization installment 2019-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-08-31 0
Carryover balance elected to use to offset funding requirement 2019-08-31 0
Prefunding balance elected to use to offset funding requirement 2019-08-31 0
Additional cash requirement 2019-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2019-08-31 397,307
Unpaid minimum required contributions for current year 2019-08-31 0
Unpaid minimum required contributions for all years 2019-08-31 0
2018: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets 2018-08-31 1,282,850
Acturial value of plan assets 2018-08-31 1,282,850
Funding target for retired participants and beneficiaries receiving payment 2018-08-31 0
Number of terminated vested participants 2018-08-31 1
Fundng target for terminated vested participants 2018-08-31 4,242
Active participant vested funding target 2018-08-31 788,101
Number of active participants 2018-08-31 23
Total funding liabilities for active participants 2018-08-31 798,317
Total participant count 2018-08-31 24
Total funding target for all participants 2018-08-31 802,559
Balance at beginning of prior year after applicable adjustments 2018-08-31 255,737
Prefunding balance at beginning of prior year after applicable adjustments 2018-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-08-31 0
Prefunding balanced used to offset prior years funding requirement 2018-08-31 0
Amount remaining of carryover balance 2018-08-31 255,737
Amount remaining of prefunding balance 2018-08-31 0
Present value of excess contributions 2018-08-31 99,866
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-08-31 105,948
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-08-31 0
Reductions in caryover balances due to elections or deemed elections 2018-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-08-31 0
Balance of carryovers at beginning of current year 2018-08-31 267,859
Balance of prefunding at beginning of current year 2018-08-31 0
Total employer contributions 2018-08-31 314,443
Total employee contributions 2018-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-08-31 301,503
Unpaid minimum required contributions for all prior years 2018-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-08-31 0
Remaining amount of unpaid minimum required contributions 2018-08-31 0
Minimum required contributions for current year target normal cost 2018-08-31 73,824
Net shortfall amortization installment of oustanding balance 2018-08-31 0
Waiver amortization installment 2018-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-08-31 0
Carryover balance elected to use to offset funding requirement 2018-08-31 0
Prefunding balance elected to use to offset funding requirement 2018-08-31 0
Additional cash requirement 2018-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2018-08-31 301,503
Unpaid minimum required contributions for current year 2018-08-31 0
Unpaid minimum required contributions for all years 2018-08-31 0
2017: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets 2017-08-31 1,140,764
Acturial value of plan assets 2017-08-31 1,140,764
Funding target for retired participants and beneficiaries receiving payment 2017-08-31 0
Number of terminated vested participants 2017-08-31 0
Fundng target for terminated vested participants 2017-08-31 0
Active participant vested funding target 2017-08-31 654,942
Number of active participants 2017-08-31 26
Total funding liabilities for active participants 2017-08-31 665,967
Total participant count 2017-08-31 26
Total funding target for all participants 2017-08-31 665,967
Balance at beginning of prior year after applicable adjustments 2017-08-31 244,444
Prefunding balance at beginning of prior year after applicable adjustments 2017-08-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-08-31 0
Prefunding balanced used to offset prior years funding requirement 2017-08-31 0
Amount remaining of carryover balance 2017-08-31 244,444
Amount remaining of prefunding balance 2017-08-31 0
Present value of excess contributions 2017-08-31 94,170
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-08-31 100,084
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-08-31 0
Reductions in caryover balances due to elections or deemed elections 2017-08-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-08-31 0
Balance of carryovers at beginning of current year 2017-08-31 255,737
Balance of prefunding at beginning of current year 2017-08-31 0
Total employer contributions 2017-08-31 103,171
Total employee contributions 2017-08-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-08-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-08-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-08-31 99,866
Unpaid minimum required contributions for all prior years 2017-08-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-08-31 0
Remaining amount of unpaid minimum required contributions 2017-08-31 0
Minimum required contributions for current year target normal cost 2017-08-31 64,950
Net shortfall amortization installment of oustanding balance 2017-08-31 0
Waiver amortization installment 2017-08-31 0
Waived amount of outstanding balance 2017-08-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-08-31 0
Carryover balance elected to use to offset funding requirement 2017-08-31 0
Prefunding balance elected to use to offset funding requirement 2017-08-31 0
Additional cash requirement 2017-08-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-08-31 99,866
Unpaid minimum required contributions for current year 2017-08-31 0
Unpaid minimum required contributions for all years 2017-08-31 0

Measure	Date	Value
2022: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2022 401k membership
Market value of plan assets	2022-08-31	3,074,712
Acturial value of plan assets	2022-08-31	3,074,712
Funding target for retired participants and beneficiaries receiving payment	2022-08-31	0
Number of terminated vested participants	2022-08-31	0
Fundng target for terminated vested participants	2022-08-31	0
Active participant vested funding target	2022-08-31	1,453,479
Number of active participants	2022-08-31	17
Total funding liabilities for active participants	2022-08-31	1,453,479
Total participant count	2022-08-31	17
Total funding target for all participants	2022-08-31	1,453,479
Balance at beginning of prior year after applicable adjustments	2022-08-31	310,708
Prefunding balance at beginning of prior year after applicable adjustments	2022-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2022-08-31	0
Prefunding balanced used to offset prior years funding requirement	2022-08-31	0
Amount remaining of carryover balance	2022-08-31	310,708
Amount remaining of prefunding balance	2022-08-31	0
Present value of excess contributions	2022-08-31	153,777
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-08-31	161,697
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-08-31	0
Reductions in caryover balances due to elections or deemed elections	2022-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-08-31	0
Balance of carryovers at beginning of current year	2022-08-31	386,024
Balance of prefunding at beginning of current year	2022-08-31	0
Total employer contributions	2022-08-31	1,174,178
Total employee contributions	2022-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-08-31	1,146,311
Unpaid minimum required contributions for all prior years	2022-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-08-31	0
Remaining amount of unpaid minimum required contributions	2022-08-31	0
Minimum required contributions for current year target normal cost	2022-08-31	103,066
Net shortfall amortization installment of oustanding balance	2022-08-31	0
Waiver amortization installment	2022-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-08-31	0
Carryover balance elected to use to offset funding requirement	2022-08-31	0
Prefunding balance elected to use to offset funding requirement	2022-08-31	0
Additional cash requirement	2022-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-08-31	1,146,311
Unpaid minimum required contributions for current year	2022-08-31	0
Unpaid minimum required contributions for all years	2022-08-31	0
2021: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2021 401k membership
Market value of plan assets	2021-08-31	2,343,129
Acturial value of plan assets	2021-08-31	2,343,129
Funding target for retired participants and beneficiaries receiving payment	2021-08-31	0
Number of terminated vested participants	2021-08-31	0
Fundng target for terminated vested participants	2021-08-31	0
Active participant vested funding target	2021-08-31	1,336,695
Number of active participants	2021-08-31	18
Total funding liabilities for active participants	2021-08-31	1,336,695
Total participant count	2021-08-31	18
Total funding target for all participants	2021-08-31	1,336,695
Balance at beginning of prior year after applicable adjustments	2021-08-31	298,815
Prefunding balance at beginning of prior year after applicable adjustments	2021-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-08-31	0
Prefunding balanced used to offset prior years funding requirement	2021-08-31	0
Amount remaining of carryover balance	2021-08-31	298,815
Amount remaining of prefunding balance	2021-08-31	0
Present value of excess contributions	2021-08-31	122,568
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-08-31	129,101
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-08-31	0
Reductions in caryover balances due to elections or deemed elections	2021-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-08-31	0
Balance of carryovers at beginning of current year	2021-08-31	310,708
Balance of prefunding at beginning of current year	2021-08-31	0
Total employer contributions	2021-08-31	157,980
Total employee contributions	2021-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-08-31	153,777
Unpaid minimum required contributions for all prior years	2021-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-08-31	0
Remaining amount of unpaid minimum required contributions	2021-08-31	0
Minimum required contributions for current year target normal cost	2021-08-31	107,783
Net shortfall amortization installment of oustanding balance	2021-08-31	0
Waiver amortization installment	2021-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-08-31	0
Carryover balance elected to use to offset funding requirement	2021-08-31	0
Prefunding balance elected to use to offset funding requirement	2021-08-31	0
Additional cash requirement	2021-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2021-08-31	153,777
Unpaid minimum required contributions for current year	2021-08-31	0
Unpaid minimum required contributions for all years	2021-08-31	0
2020: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2020 401k membership
Market value of plan assets	2020-08-31	2,136,423
Acturial value of plan assets	2020-08-31	2,136,423
Funding target for retired participants and beneficiaries receiving payment	2020-08-31	0
Number of terminated vested participants	2020-08-31	0
Fundng target for terminated vested participants	2020-08-31	0
Active participant vested funding target	2020-08-31	1,145,970
Number of active participants	2020-08-31	19
Total funding liabilities for active participants	2020-08-31	1,145,970
Total participant count	2020-08-31	19
Total funding target for all participants	2020-08-31	1,145,970
Balance at beginning of prior year after applicable adjustments	2020-08-31	289,073
Prefunding balance at beginning of prior year after applicable adjustments	2020-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-08-31	0
Prefunding balanced used to offset prior years funding requirement	2020-08-31	0
Amount remaining of carryover balance	2020-08-31	289,073
Amount remaining of prefunding balance	2020-08-31	0
Present value of excess contributions	2020-08-31	397,307
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-08-31	419,675
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-08-31	0
Reductions in caryover balances due to elections or deemed elections	2020-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-08-31	0
Balance of carryovers at beginning of current year	2020-08-31	298,815
Balance of prefunding at beginning of current year	2020-08-31	0
Total employer contributions	2020-08-31	125,944
Total employee contributions	2020-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-08-31	122,568
Unpaid minimum required contributions for all prior years	2020-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-08-31	0
Remaining amount of unpaid minimum required contributions	2020-08-31	0
Minimum required contributions for current year target normal cost	2020-08-31	88,903
Net shortfall amortization installment of oustanding balance	2020-08-31	0
Waiver amortization installment	2020-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-08-31	0
Carryover balance elected to use to offset funding requirement	2020-08-31	0
Prefunding balance elected to use to offset funding requirement	2020-08-31	0
Additional cash requirement	2020-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2020-08-31	122,568
Unpaid minimum required contributions for current year	2020-08-31	0
Unpaid minimum required contributions for all years	2020-08-31	0
2019: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2019 401k membership
Market value of plan assets	2019-08-31	1,669,037
Acturial value of plan assets	2019-08-31	1,669,037
Funding target for retired participants and beneficiaries receiving payment	2019-08-31	0
Number of terminated vested participants	2019-08-31	1
Fundng target for terminated vested participants	2019-08-31	3,277
Active participant vested funding target	2019-08-31	961,539
Number of active participants	2019-08-31	19
Total funding liabilities for active participants	2019-08-31	961,539
Total participant count	2019-08-31	20
Total funding target for all participants	2019-08-31	964,816
Balance at beginning of prior year after applicable adjustments	2019-08-31	267,859
Prefunding balance at beginning of prior year after applicable adjustments	2019-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-08-31	0
Prefunding balanced used to offset prior years funding requirement	2019-08-31	0
Amount remaining of carryover balance	2019-08-31	267,859
Amount remaining of prefunding balance	2019-08-31	0
Present value of excess contributions	2019-08-31	301,503
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-08-31	319,292
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-08-31	0
Reductions in caryover balances due to elections or deemed elections	2019-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-08-31	0
Balance of carryovers at beginning of current year	2019-08-31	289,073
Balance of prefunding at beginning of current year	2019-08-31	0
Total employer contributions	2019-08-31	406,906
Total employee contributions	2019-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-08-31	397,307
Unpaid minimum required contributions for all prior years	2019-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-08-31	0
Remaining amount of unpaid minimum required contributions	2019-08-31	0
Minimum required contributions for current year target normal cost	2019-08-31	71,016
Net shortfall amortization installment of oustanding balance	2019-08-31	0
Waiver amortization installment	2019-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-08-31	0
Carryover balance elected to use to offset funding requirement	2019-08-31	0
Prefunding balance elected to use to offset funding requirement	2019-08-31	0
Additional cash requirement	2019-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2019-08-31	397,307
Unpaid minimum required contributions for current year	2019-08-31	0
Unpaid minimum required contributions for all years	2019-08-31	0
2018: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2018 401k membership
Market value of plan assets	2018-08-31	1,282,850
Acturial value of plan assets	2018-08-31	1,282,850
Funding target for retired participants and beneficiaries receiving payment	2018-08-31	0
Number of terminated vested participants	2018-08-31	1
Fundng target for terminated vested participants	2018-08-31	4,242
Active participant vested funding target	2018-08-31	788,101
Number of active participants	2018-08-31	23
Total funding liabilities for active participants	2018-08-31	798,317
Total participant count	2018-08-31	24
Total funding target for all participants	2018-08-31	802,559
Balance at beginning of prior year after applicable adjustments	2018-08-31	255,737
Prefunding balance at beginning of prior year after applicable adjustments	2018-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-08-31	0
Prefunding balanced used to offset prior years funding requirement	2018-08-31	0
Amount remaining of carryover balance	2018-08-31	255,737
Amount remaining of prefunding balance	2018-08-31	0
Present value of excess contributions	2018-08-31	99,866
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-08-31	105,948
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-08-31	0
Reductions in caryover balances due to elections or deemed elections	2018-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-08-31	0
Balance of carryovers at beginning of current year	2018-08-31	267,859
Balance of prefunding at beginning of current year	2018-08-31	0
Total employer contributions	2018-08-31	314,443
Total employee contributions	2018-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-08-31	301,503
Unpaid minimum required contributions for all prior years	2018-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-08-31	0
Remaining amount of unpaid minimum required contributions	2018-08-31	0
Minimum required contributions for current year target normal cost	2018-08-31	73,824
Net shortfall amortization installment of oustanding balance	2018-08-31	0
Waiver amortization installment	2018-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-08-31	0
Carryover balance elected to use to offset funding requirement	2018-08-31	0
Prefunding balance elected to use to offset funding requirement	2018-08-31	0
Additional cash requirement	2018-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2018-08-31	301,503
Unpaid minimum required contributions for current year	2018-08-31	0
Unpaid minimum required contributions for all years	2018-08-31	0
2017: NAFT FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2017 401k membership
Market value of plan assets	2017-08-31	1,140,764
Acturial value of plan assets	2017-08-31	1,140,764
Funding target for retired participants and beneficiaries receiving payment	2017-08-31	0
Number of terminated vested participants	2017-08-31	0
Fundng target for terminated vested participants	2017-08-31	0
Active participant vested funding target	2017-08-31	654,942
Number of active participants	2017-08-31	26
Total funding liabilities for active participants	2017-08-31	665,967
Total participant count	2017-08-31	26
Total funding target for all participants	2017-08-31	665,967
Balance at beginning of prior year after applicable adjustments	2017-08-31	244,444
Prefunding balance at beginning of prior year after applicable adjustments	2017-08-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-08-31	0
Prefunding balanced used to offset prior years funding requirement	2017-08-31	0
Amount remaining of carryover balance	2017-08-31	244,444
Amount remaining of prefunding balance	2017-08-31	0
Present value of excess contributions	2017-08-31	94,170
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-08-31	100,084
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-08-31	0
Reductions in caryover balances due to elections or deemed elections	2017-08-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-08-31	0
Balance of carryovers at beginning of current year	2017-08-31	255,737
Balance of prefunding at beginning of current year	2017-08-31	0
Total employer contributions	2017-08-31	103,171
Total employee contributions	2017-08-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-08-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-08-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-08-31	99,866
Unpaid minimum required contributions for all prior years	2017-08-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-08-31	0
Remaining amount of unpaid minimum required contributions	2017-08-31	0
Minimum required contributions for current year target normal cost	2017-08-31	64,950
Net shortfall amortization installment of oustanding balance	2017-08-31	0
Waiver amortization installment	2017-08-31	0
Waived amount of outstanding balance	2017-08-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-08-31	0
Carryover balance elected to use to offset funding requirement	2017-08-31	0
Prefunding balance elected to use to offset funding requirement	2017-08-31	0
Additional cash requirement	2017-08-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-08-31	99,866
Unpaid minimum required contributions for current year	2017-08-31	0
Unpaid minimum required contributions for all years	2017-08-31	0

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Company Name:	NAFT FEDERAL CREDIT UNION
Employer identification number (EIN):	741274227
NAIC Classification:	522130
NAIC Description:	Credit Unions