HUGHES FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HUGHES FEDERAL CREDIT UNION 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $5,690,115 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,794,640 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,629,242 |
| Value of total corrective distributions | 2023-12-31 | $6,716 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,081,821 |
| Value of total assets at end of year | 2023-12-31 | $23,546,388 |
| Value of total assets at beginning of year | 2023-12-31 | $19,650,913 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $158,682 |
| Total interest from all sources | 2023-12-31 | $43,262 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,174,531 |
| Participant contributions at end of year | 2023-12-31 | $700,536 |
| Participant contributions at beginning of year | 2023-12-31 | $612,859 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $10,432 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $3,895,475 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $23,546,388 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $19,650,913 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $22,839,525 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $18,829,659 |
| Interest on participant loans | 2023-12-31 | $43,172 |
| Interest earned on other investments | 2023-12-31 | $90 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $6,327 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $5,972 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $-84,827 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $3,649,859 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $896,858 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,629,242 |
| Contract administrator fees | 2023-12-31 | $158,507 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-12-31 | $202,423 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $5,690,115 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,794,640 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,629,242 |
| Value of total corrective distributions | 2023-01-01 | $6,716 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,081,821 |
| Value of total assets at end of year | 2023-01-01 | $23,546,388 |
| Value of total assets at beginning of year | 2023-01-01 | $19,650,913 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $158,682 |
| Total interest from all sources | 2023-01-01 | $43,262 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,174,531 |
| Participant contributions at end of year | 2023-01-01 | $700,536 |
| Participant contributions at beginning of year | 2023-01-01 | $612,859 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $10,432 |
| Total non interest bearing cash at end of year | 2023-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2023-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $3,895,475 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $23,546,388 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $19,650,913 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $22,839,525 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $18,829,659 |
| Interest on participant loans | 2023-01-01 | $43,172 |
| Interest earned on other investments | 2023-01-01 | $90 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $6,327 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $5,972 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $-84,827 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $3,649,859 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $896,858 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,629,242 |
| Contract administrator fees | 2023-01-01 | $158,507 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2023-01-01 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2023-01-01 | $202,423 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2023-01-01 | 410746749 |
| 2022 : HUGHES FEDERAL CREDIT UNION 401(K) 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 | $-2,456,230 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,312,128 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,165,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,669,196 |
| Value of total assets at end of year | 2022-12-31 | $19,650,913 |
| Value of total assets at beginning of year | 2022-12-31 | $23,419,271 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $146,228 |
| Total interest from all sources | 2022-12-31 | $30,354 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $952,933 |
| Participant contributions at end of year | 2022-12-31 | $612,859 |
| Participant contributions at beginning of year | 2022-12-31 | $671,186 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $87,996 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
| 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 | $-3,768,358 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $19,650,913 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $23,419,271 |
| 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 | $18,829,659 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $22,496,008 |
| Interest on participant loans | 2022-12-31 | $30,310 |
| Interest earned on other investments | 2022-12-31 | $44 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $5,972 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $2,677 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-4,155,780 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $628,267 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,165,900 |
| Contract administrator fees | 2022-12-31 | $146,228 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-12-31 | $202,423 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-12-31 | $249,400 |
| 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 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-2,456,230 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,312,128 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,165,900 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,669,196 |
| Value of total assets at end of year | 2022-01-01 | $19,650,913 |
| Value of total assets at beginning of year | 2022-01-01 | $23,419,271 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $146,228 |
| Total interest from all sources | 2022-01-01 | $30,354 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $952,933 |
| Participant contributions at end of year | 2022-01-01 | $612,859 |
| Participant contributions at beginning of year | 2022-01-01 | $671,186 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $87,996 |
| Total non interest bearing cash at end of year | 2022-01-01 | $0 |
| Total non interest bearing cash at beginning of year | 2022-01-01 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-3,768,358 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $19,650,913 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $23,419,271 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $18,829,659 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $22,496,008 |
| Interest on participant loans | 2022-01-01 | $30,310 |
| Interest earned on other investments | 2022-01-01 | $44 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $5,972 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $2,677 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-4,155,780 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $628,267 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,165,900 |
| Contract administrator fees | 2022-01-01 | $146,228 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2022-01-01 | $202,423 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2022-01-01 | $249,400 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2022-01-01 | 410746749 |
| 2021 : HUGHES FEDERAL CREDIT UNION 401(K) 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 | $4,441,322 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,657,955 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,440,504 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $42,232 |
| Value of total corrective distributions | 2021-12-31 | $6,978 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,367,244 |
| Value of total assets at end of year | 2021-12-31 | $23,419,271 |
| Value of total assets at beginning of year | 2021-12-31 | $20,635,904 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $168,241 |
| Total interest from all sources | 2021-12-31 | $35,923 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $823,268 |
| Participant contributions at end of year | 2021-12-31 | $671,186 |
| Participant contributions at beginning of year | 2021-12-31 | $733,543 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $17,488 |
| Total non interest bearing cash at end of year | 2021-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,783,367 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $23,419,271 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $20,635,904 |
| 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 | $22,496,008 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $19,640,562 |
| Interest on participant loans | 2021-12-31 | $35,895 |
| Interest earned on other investments | 2021-12-31 | $28 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $2,677 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,730 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $3,038,155 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $526,488 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,440,504 |
| Contract administrator fees | 2021-12-31 | $168,241 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $249,400 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $260,069 |
| 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 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
| 2020 : HUGHES FEDERAL CREDIT UNION 401(K) 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 | $4,604,890 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,236,631 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,095,085 |
| Value of total corrective distributions | 2020-12-31 | $8,390 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,450,555 |
| Value of total assets at end of year | 2020-12-31 | $20,635,904 |
| Value of total assets at beginning of year | 2020-12-31 | $17,267,645 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $133,156 |
| Total interest from all sources | 2020-12-31 | $38,688 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| 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 |
| Contributions received from participants | 2020-12-31 | $870,521 |
| Participant contributions at end of year | 2020-12-31 | $733,543 |
| Participant contributions at beginning of year | 2020-12-31 | $661,660 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $12,260 |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| 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 | $3,368,259 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $20,635,904 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $17,267,645 |
| 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 | $19,640,562 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $16,314,116 |
| Interest on participant loans | 2020-12-31 | $38,668 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $20 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,730 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $846 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $3,115,647 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $567,774 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,095,085 |
| Contract administrator fees | 2020-12-31 | $133,156 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2020-12-31 | $260,069 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2020-12-31 | $291,023 |
| 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 | Unqualified |
| Accountancy firm name | 2020-12-31 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2020-12-31 | 410746749 |
| 2019 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $4,528,139 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $467,965 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $316,806 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $23,010 |
| Value of total corrective distributions | 2019-12-31 | $9,882 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,392,583 |
| Value of total assets at end of year | 2019-12-31 | $17,267,645 |
| Value of total assets at beginning of year | 2019-12-31 | $13,207,471 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $118,267 |
| Total interest from all sources | 2019-12-31 | $37,642 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $765,412 |
| Participant contributions at end of year | 2019-12-31 | $661,660 |
| Participant contributions at beginning of year | 2019-12-31 | $736,605 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $122,895 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $79,118 |
| 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 | $4,060,174 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $17,267,645 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $13,207,471 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Investment advisory and management fees | 2019-12-31 | $118,267 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $16,314,116 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $12,211,354 |
| Interest on participant loans | 2019-12-31 | $37,624 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $18 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $846 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $5,752 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $3,097,914 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $504,276 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $316,806 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-12-31 | $291,023 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-12-31 | $174,642 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | CLIFTONLARSONALLEN, LLP |
| Accountancy firm EIN | 2019-12-31 | 410746749 |
| 2018 : HUGHES FEDERAL CREDIT UNION 401(K) 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 | $279,313 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $625,131 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $554,523 |
| Value of total corrective distributions | 2018-12-31 | $7,209 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,289,147 |
| Value of total assets at end of year | 2018-12-31 | $13,207,471 |
| Value of total assets at beginning of year | 2018-12-31 | $13,553,289 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $63,399 |
| Total interest from all sources | 2018-12-31 | $29,142 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $696,177 |
| Participant contributions at end of year | 2018-12-31 | $736,605 |
| Participant contributions at beginning of year | 2018-12-31 | $546,764 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $141,085 |
| Other income not declared elsewhere | 2018-12-31 | $26,816 |
| Total non interest bearing cash at end of year | 2018-12-31 | $79,118 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $46,205 |
| 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 | $-345,818 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $13,207,471 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $13,553,289 |
| 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 |
| Investment advisory and management fees | 2018-12-31 | $63,399 |
| Value of interest in pooled separate accounts at end of year | 2018-12-31 | $12,211,354 |
| Value of interest in pooled separate accounts at beginning of year | 2018-12-31 | $12,727,803 |
| Interest on participant loans | 2018-12-31 | $29,098 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $44 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $5,752 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $4,221 |
| Net investment gain/loss from pooled separate accounts | 2018-12-31 | $-1,065,792 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $451,885 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $554,523 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-12-31 | $174,642 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-12-31 | $228,296 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2018-12-31 | 954083485 |
| 2017 : HUGHES FEDERAL CREDIT UNION 401(K) 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 | $2,965,677 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $516,903 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $461,531 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $972,557 |
| Value of total assets at end of year | 2017-12-31 | $13,553,289 |
| Value of total assets at beginning of year | 2017-12-31 | $11,104,515 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $55,372 |
| Total interest from all sources | 2017-12-31 | $21,695 |
| 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 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $606,801 |
| Participant contributions at end of year | 2017-12-31 | $546,764 |
| Participant contributions at beginning of year | 2017-12-31 | $434,735 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $36,613 |
| Other income not declared elsewhere | 2017-12-31 | $23,429 |
| Total non interest bearing cash at end of year | 2017-12-31 | $46,205 |
| Total non interest bearing cash at beginning of year | 2017-12-31 | $36,801 |
| 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 | $2,448,774 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $13,553,289 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $11,104,515 |
| 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 |
| Investment advisory and management fees | 2017-12-31 | $55,372 |
| Value of interest in pooled separate accounts at end of year | 2017-12-31 | $12,727,803 |
| Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $10,386,806 |
| Interest on participant loans | 2017-12-31 | $21,667 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2017-12-31 | $28 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $4,221 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $4,436 |
| Net investment gain/loss from pooled separate accounts | 2017-12-31 | $1,947,996 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $329,143 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $461,531 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2017-12-31 | $228,296 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2017-12-31 | $241,737 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2017-12-31 | 954083485 |
| 2016 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2016 401k financial data |
|---|
| Total income from all sources (including contributions) | 2016-12-31 | $1,779,252 |
| Total of all expenses incurred | 2016-12-31 | $1,098,105 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $1,050,328 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $1,012,028 |
| Value of total assets at end of year | 2016-12-31 | $11,104,515 |
| Value of total assets at beginning of year | 2016-12-31 | $10,423,368 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $47,777 |
| Total interest from all sources | 2016-12-31 | $18,245 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $545,224 |
| Participant contributions at end of year | 2016-12-31 | $434,735 |
| Participant contributions at beginning of year | 2016-12-31 | $417,688 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $173,120 |
| Other income not declared elsewhere | 2016-12-31 | $16,988 |
| Total non interest bearing cash at end of year | 2016-12-31 | $36,801 |
| Total non interest bearing cash at beginning of year | 2016-12-31 | $71,737 |
| 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 | $681,147 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $11,104,515 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $10,423,368 |
| 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 |
| Investment advisory and management fees | 2016-12-31 | $47,777 |
| Value of interest in pooled separate accounts at end of year | 2016-12-31 | $10,386,806 |
| Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $9,766,313 |
| Interest on participant loans | 2016-12-31 | $18,229 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2016-12-31 | $16 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $4,436 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $3,794 |
| Net investment gain/loss from pooled separate accounts | 2016-12-31 | $731,991 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $293,684 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $1,050,328 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2016-12-31 | $241,737 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2016-12-31 | $163,836 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2016-12-31 | 954083485 |
| 2015 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2015 401k financial data |
|---|
| Total income from all sources (including contributions) | 2015-12-31 | $771,378 |
| Total of all expenses incurred | 2015-12-31 | $529,259 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $481,859 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $813,619 |
| Value of total assets at end of year | 2015-12-31 | $10,423,368 |
| Value of total assets at beginning of year | 2015-12-31 | $10,181,249 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $47,400 |
| Total interest from all sources | 2015-12-31 | $18,273 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $514,264 |
| Participant contributions at end of year | 2015-12-31 | $417,688 |
| Participant contributions at beginning of year | 2015-12-31 | $462,791 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $27,505 |
| Other income not declared elsewhere | 2015-12-31 | $9,953 |
| Total non interest bearing cash at end of year | 2015-12-31 | $71,737 |
| Total non interest bearing cash at beginning of year | 2015-12-31 | $4,127 |
| 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 | $242,119 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $10,423,368 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $10,181,249 |
| 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 |
| Investment advisory and management fees | 2015-12-31 | $47,400 |
| Value of interest in pooled separate accounts at end of year | 2015-12-31 | $9,766,313 |
| Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $9,492,232 |
| Interest on participant loans | 2015-12-31 | $18,269 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-12-31 | $4 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $3,794 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $3,007 |
| Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-70,467 |
| 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 |
| Contributions received in cash from employer | 2015-12-31 | $271,850 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $481,859 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2015-12-31 | $163,836 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2015-12-31 | $219,092 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2015-12-31 | 954083485 |
| 2014 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2014 401k financial data |
|---|
| Total transfer of assets to this plan | 2014-12-31 | $0 |
| Total transfer of assets from this plan | 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 | $1,378,816 |
| Total of all expenses incurred | 2014-12-31 | $365,872 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $321,961 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $760,811 |
| Value of total assets at end of year | 2014-12-31 | $10,181,249 |
| Value of total assets at beginning of year | 2014-12-31 | $9,168,305 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $43,911 |
| Total interest from all sources | 2014-12-31 | $19,883 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $487,363 |
| Participant contributions at end of year | 2014-12-31 | $462,791 |
| Participant contributions at beginning of year | 2014-12-31 | $424,360 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $15,754 |
| Other income not declared elsewhere | 2014-12-31 | $52,957 |
| Total non interest bearing cash at end of year | 2014-12-31 | $4,127 |
| Total non interest bearing cash at beginning of year | 2014-12-31 | $1,817 |
| 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 | $1,012,944 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $10,181,249 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $9,168,305 |
| 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 |
| Investment advisory and management fees | 2014-12-31 | $43,911 |
| Value of interest in pooled separate accounts at end of year | 2014-12-31 | $9,492,232 |
| Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $8,562,346 |
| Interest on participant loans | 2014-12-31 | $19,880 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2014-12-31 | $3 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $3,007 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $2,239 |
| Net investment gain/loss from pooled separate accounts | 2014-12-31 | $545,165 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $257,694 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $321,961 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2014-12-31 | $219,092 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2014-12-31 | $177,543 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2014-12-31 | 954083485 |
| 2013 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total transfer of assets to this plan | 2013-12-31 | $0 |
| Total transfer of assets from this plan | 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 | $2,279,883 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $427,406 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $366,829 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $689,933 |
| Value of total assets at end of year | 2013-12-31 | $9,168,305 |
| Value of total assets at beginning of year | 2013-12-31 | $7,315,828 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $60,577 |
| Total interest from all sources | 2013-12-31 | $16,885 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $449,483 |
| Participant contributions at end of year | 2013-12-31 | $424,360 |
| Participant contributions at beginning of year | 2013-12-31 | $404,710 |
| Total non interest bearing cash at end of year | 2013-12-31 | $1,817 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $1,852,477 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $9,168,305 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $7,315,828 |
| 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 |
| Investment advisory and management fees | 2013-12-31 | $60,577 |
| Value of interest in pooled separate accounts at end of year | 2013-12-31 | $8,562,346 |
| Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $6,780,309 |
| Interest on participant loans | 2013-12-31 | $16,881 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $1,370 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $1,370 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2013-12-31 | $4 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $2,239 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $2,165 |
| Net investment gain/loss from pooled separate accounts | 2013-12-31 | $1,573,065 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $240,450 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $366,829 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2013-12-31 | $177,543 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2013-12-31 | $127,274 |
| 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 | TURNER, WARREN, HWANG & CONRAD AC |
| Accountancy firm EIN | 2013-12-31 | 954083485 |
| 2012 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total transfer of assets to this plan | 2012-12-31 | $0 |
| Total transfer of assets from this plan | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $1,611,212 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $169,238 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $113,359 |
| Value of total corrective distributions | 2012-12-31 | $1,085 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $750,316 |
| Value of total assets at end of year | 2012-12-31 | $7,315,828 |
| Value of total assets at beginning of year | 2012-12-31 | $5,873,854 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $54,794 |
| Total interest from all sources | 2012-12-31 | $17,489 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $435,429 |
| Participant contributions at end of year | 2012-12-31 | $404,710 |
| Participant contributions at beginning of year | 2012-12-31 | $432,615 |
| Assets. Other investments not covered elsewhere at beginning of year | 2012-12-31 | $110,329 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $81,564 |
| Other income not declared elsewhere | 2012-12-31 | $18,314 |
| 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 | $1,441,974 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $7,315,828 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $5,873,854 |
| 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 |
| Investment advisory and management fees | 2012-12-31 | $54,794 |
| Value of interest in pooled separate accounts at end of year | 2012-12-31 | $6,780,309 |
| Value of interest in pooled separate accounts at beginning of year | 2012-12-31 | $5,329,186 |
| Interest on participant loans | 2012-12-31 | $17,482 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $1,370 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-12-31 | $7 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $2,165 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $1,724 |
| Net investment gain/loss from pooled separate accounts | 2012-12-31 | $825,093 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $233,323 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $113,359 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2012-12-31 | $127,274 |
| 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 | MIKE BRANDT CPA PC |
| Accountancy firm EIN | 2012-12-31 | 454459418 |
| 2011 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| Total income from all sources (including contributions) | 2011-12-31 | $504,367 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $427,132 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $378,487 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $687,454 |
| Value of total assets at end of year | 2011-12-31 | $5,873,854 |
| Value of total assets at beginning of year | 2011-12-31 | $5,796,619 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $48,645 |
| Total interest from all sources | 2011-12-31 | $16,283 |
| 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 | $3,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $411,210 |
| Participant contributions at end of year | 2011-12-31 | $432,615 |
| Participant contributions at beginning of year | 2011-12-31 | $287,783 |
| Assets. Other investments not covered elsewhere at end of year | 2011-12-31 | $110,329 |
| Assets. Other investments not covered elsewhere at beginning of year | 2011-12-31 | $102,524 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $56,611 |
| Other income not declared elsewhere | 2011-12-31 | $7,805 |
| Administrative expenses (other) incurred | 2011-12-31 | $8 |
| 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 | $77,235 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $5,873,854 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $5,796,619 |
| 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 |
| Investment advisory and management fees | 2011-12-31 | $48,637 |
| Value of interest in pooled separate accounts at end of year | 2011-12-31 | $5,329,186 |
| Value of interest in pooled separate accounts at beginning of year | 2011-12-31 | $5,405,019 |
| Interest on participant loans | 2011-12-31 | $16,274 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $9 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $1,724 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $1,293 |
| Net investment gain/loss from pooled separate accounts | 2011-12-31 | $-207,175 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $219,633 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $378,487 |
| 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 | MIKE BRANDT CPA PC |
| Accountancy firm EIN | 2011-12-31 | 454459418 |
| 2010 : HUGHES FEDERAL CREDIT UNION 401(K) PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $1,395,551 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $231,225 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $189,470 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $652,795 |
| Value of total assets at end of year | 2010-12-31 | $5,796,619 |
| Value of total assets at beginning of year | 2010-12-31 | $4,632,293 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $41,755 |
| Total interest from all sources | 2010-12-31 | $12,858 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $4,500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $430,511 |
| Participant contributions at end of year | 2010-12-31 | $287,783 |
| Participant contributions at beginning of year | 2010-12-31 | $235,402 |
| Assets. Other investments not covered elsewhere at end of year | 2010-12-31 | $102,524 |
| Assets. Other investments not covered elsewhere at beginning of year | 2010-12-31 | $87,343 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $5,235 |
| 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 | $1,164,326 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $5,796,619 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $4,632,293 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2010-12-31 | $5,405,019 |
| Value of interest in pooled separate accounts at beginning of year | 2010-12-31 | $4,308,695 |
| Interest on participant loans | 2010-12-31 | $12,840 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $18 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $1,293 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $853 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $15,181 |
| Net investment gain/loss from pooled separate accounts | 2010-12-31 | $714,717 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $217,049 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $189,470 |
| Contract administrator fees | 2010-12-31 | $41,755 |
| 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 | V ACCOUNTING, PLLC |
| Accountancy firm EIN | 2010-12-31 | 273118847 |
| 2009 : HUGHES 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 |