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CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 401k Plan overview

Plan NameCITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN
Plan identification number 003

CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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

CITY OF BOSTON EMPLOYEES CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:CITY OF BOSTON EMPLOYEES CREDIT UNION
Employer identification number (EIN):041103180
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01JACK RICHARD2024-10-10 JACK F RICHARD2024-10-10
0032022-01-01CATHERINE MULLEN2023-10-16 CATHERINE MULLEN2023-10-16
0032021-01-01CATHERINE MULLEN2022-10-14 CATHERINE MULLEN2022-10-14
0032020-01-01CATHERINE MULLEN2021-09-28 CATHERINE MULLEN2021-09-28
0032019-01-01DANIEL WALTZ2020-07-14 DANIEL WALTZ2020-07-14
0032018-01-01DANIEL WALTZ2019-07-19 DANIEL WALTZ2019-07-19
0032017-01-01DANIEL WALTZ2018-07-23 DANIEL WALTZ2018-07-23
0032016-01-01DANIEL WALTZ2017-07-06 DANIEL WALTZ2017-07-06
0032015-01-01DANIEL TROMBLEY2016-07-28 DANIEL TROMBLEY2016-07-28
0032014-01-01DANIEL TROMBLEY2015-07-29 DANIEL TROMBLEY2015-07-29
0032013-01-01DANIEL TROMBLEY2014-07-23 DANIEL TROMBLEY2014-07-23
0032012-01-01DANIEL TROMBLEY2013-07-23 DANIEL TROMBLEY2013-07-23
0032011-01-01DANIEL TROMBLEY2012-07-23 DANIEL TROMBLEY2012-07-23
0032010-01-01DANIEL TROMBLEY
0032009-01-01DANIEL TROMBLEY DANIEL TROMBLEY2010-07-16

Plan Statistics for CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN

401k plan membership statisitcs for CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN

Measure Date Value
2010: CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0154
Total number of active participants reported on line 7a of the Form 55002010-01-0155
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0157
Number of participants with account balances2010-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0154
Total number of active participants reported on line 7a of the Form 55002009-01-0152
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-0154
Number of participants with account balances2009-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN

Measure Date Value
2010 : CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$66,609
Expenses. Total of all expenses incurred2010-12-31$87,749
Benefits paid (including direct rollovers)2010-12-31$86,220
Total plan assets at end of year2010-12-31$347,436
Total plan assets at beginning of year2010-12-31$368,576
Value of fidelity bond covering the plan2010-12-31$5,000,000
Total contributions received or receivable from participants2010-12-31$28,565
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$36,706
Net income (gross income less expenses)2010-12-31$-21,140
Net plan assets at end of year (total assets less liabilities)2010-12-31$347,436
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$368,576
Assets. Value of participant loans2010-12-31$23,204
Total contributions received or receivable from employer(s)2010-12-31$1,338
Value of certain deemed distributions of participant loans2010-12-31$640
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$889
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : CITY OF BOSTON EMPLOYEES' 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 securities2009-12-31$0

Form 5500 Responses for CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN

2010: CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: CITY OF BOSTON EMPLOYEES' CREDIT UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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