401k Plan data: TEXAS FEDERAL CREDIT UNION 401(K) PLAN plan

TEXAS FEDERAL CREDIT UNION 401(K) PLAN 401k Plan overview

Plan Name	TEXAS FEDERAL CREDIT UNION 401(K) PLAN
Plan identification number	001

TEXAS FEDERAL CREDIT UNION 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

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

Company Name: TEXAS FEDERAL CREDIT UNION

Employer identification number (EIN): 750793105

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEXAS FEDERAL CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-01-01 ROBIN GILBERT 2022-02-01
001 2021-01-01 LEANN SANTIAGO 2022-10-26
001 2021-01-01 LEANN SANTIAGO 2023-10-06
001 2020-01-01 ROBIN GILBERT 2021-02-23
001 2018-01-01 ROBIN GILBERT 2019-02-05
001 2017-01-01 ROBIN GILBERT 2018-03-20
001 2016-01-01 ROBIN GILBERT 2017-07-10
001 2015-01-01 ROBIN GILBERT 2016-07-11
001 2014-01-01 ROBIN GILBERT 2015-07-21
001 2013-01-01 ROBIN GILBERT 2014-05-28
001 2011-01-01 SANDRA SMITH 2012-06-27
001 2010-01-01 SANDRA SMITH SANDRA SMITH 2011-07-22
001 2009-01-01 SANDRA SMITH SANDRA SMITH 2010-10-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-01-01	ROBIN GILBERT	2022-02-01
001	2021-01-01	LEANN SANTIAGO	2022-10-26
001	2021-01-01	LEANN SANTIAGO	2023-10-06
001	2020-01-01	ROBIN GILBERT	2021-02-23
001	2018-01-01	ROBIN GILBERT	2019-02-05
001	2017-01-01	ROBIN GILBERT	2018-03-20
001	2016-01-01	ROBIN GILBERT	2017-07-10
001	2015-01-01	ROBIN GILBERT	2016-07-11
001	2014-01-01	ROBIN GILBERT	2015-07-21
001	2013-01-01	ROBIN GILBERT	2014-05-28
001	2011-01-01	SANDRA SMITH	2012-06-27
001	2010-01-01	SANDRA SMITH		SANDRA SMITH	2011-07-22
001	2009-01-01	SANDRA SMITH		SANDRA SMITH	2010-10-14

Plan Statistics for TEXAS FEDERAL CREDIT UNION 401(K) PLAN

401k plan membership statisitcs for TEXAS FEDERAL CREDIT UNION 401(K) PLAN

Measure Date Value
2010: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 37
Number of retired or separated participants receiving benefits 2010-01-01 1
Number of other retired or separated participants entitled to future benefits 2010-01-01 8
Total of all active and inactive participants 2010-01-01 46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 46
Number of participants with account balances 2010-01-01 32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 44
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 34
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 9
Total of all active and inactive participants 2009-01-01 44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 44
Number of participants with account balances 2009-01-01 34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2010: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	37
Number of retired or separated participants receiving benefits	2010-01-01	1
Number of other retired or separated participants entitled to future benefits	2010-01-01	8
Total of all active and inactive participants	2010-01-01	46
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	46
Number of participants with account balances	2010-01-01	32
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	44
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	34
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	9
Total of all active and inactive participants	2009-01-01	44
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	44
Number of participants with account balances	2009-01-01	34
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on TEXAS FEDERAL CREDIT UNION 401(K) PLAN

Measure	Date	Value
2010 : TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$167,753
Expenses. Total of all expenses incurred	2010-12-31	$35,426
Benefits paid (including direct rollovers)	2010-12-31	$26,501
Total plan assets at end of year	2010-12-31	$912,852
Total plan assets at beginning of year	2010-12-31	$780,525
Value of fidelity bond covering the plan	2010-12-31	$5,000,000
Total contributions received or receivable from participants	2010-12-31	$47,177
Expenses. Other expenses not covered elsewhere	2010-12-31	$8,925
Other income received	2010-12-31	$84,294
Net income (gross income less expenses)	2010-12-31	$132,327
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$912,852
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$780,525
Assets. Value of participant loans	2010-12-31	$140,722
Total contributions received or receivable from employer(s)	2010-12-31	$36,282
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for TEXAS FEDERAL CREDIT UNION 401(K) PLAN

2010: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: TEXAS FEDERAL CREDIT UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

20199

Policy instance

Insurance contract or identification number	20199
Number of Individuals Covered	32
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
Total amount of commissions paid to insurance broker	USD $4,087
Total amount of fees paid to insurance company	USD $614
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,087
Insurance broker organization code?	3
Amount paid for insurance broker fees	534
Additional information about fees paid to insurance broker	TPA COMPENSATION & FEES
Insurance broker name	MORGAN STANLEY SMITH BARNEY

Potentially related plans

TEXAS FEDERAL CREDIT UNION 401(K) PLAN [EIN = 750793106]

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Company Name:	TEXAS FEDERAL CREDIT UNION
Employer identification number (EIN):	750793105
NAIC Classification:	522130
NAIC Description:	Credit Unions