401k Plan data: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN plan

FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 401k Plan overview

Plan Name	FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN
Plan identification number	001

FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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

401k Sponsoring company profile

FIRST NEW YORK FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: FIRST NEW YORK FEDERAL CREDIT UNION

Employer identification number (EIN): 141345856

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 TERRI L CLASEN 2019-07-11
001 2017-01-01 TERRI L CLASEN 2018-06-15
001 2016-01-01 TERRI L CLASEN 2017-06-06
001 2015-01-01 TERRI L CLASEN 2016-06-30
001 2014-01-01 TERRI L CLASEN 2015-07-17
001 2013-01-01 TERRI L CLASEN 2014-07-02
001 2012-01-01 TERRI L CLASEN 2013-07-30
001 2011-01-01 TERRI L. CLASEN 2012-08-03 RACHELE GRANKA 2012-08-03
001 2010-01-01 TERRI CLASEN 2011-07-28 RACHELE GRANKA 2011-07-28
001 2009-01-01 TERRI L. CLASEN RACHELE GRANKA 2010-08-03

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	TERRI L CLASEN	2019-07-11
001	2017-01-01	TERRI L CLASEN	2018-06-15
001	2016-01-01	TERRI L CLASEN	2017-06-06
001	2015-01-01	TERRI L CLASEN	2016-06-30
001	2014-01-01	TERRI L CLASEN	2015-07-17
001	2013-01-01	TERRI L CLASEN	2014-07-02
001	2012-01-01	TERRI L CLASEN	2013-07-30
001	2011-01-01	TERRI L. CLASEN	2012-08-03	RACHELE GRANKA	2012-08-03
001	2010-01-01	TERRI CLASEN	2011-07-28	RACHELE GRANKA	2011-07-28
001	2009-01-01	TERRI L. CLASEN		RACHELE GRANKA	2010-08-03

Plan Statistics for FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

401k plan membership statisitcs for FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

Measure Date Value
2023: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 144
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 101
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 25
Total of all active and inactive participants 2023-01-01 126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 126
Number of participants with account balances 2023-01-01 113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 3
2022: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 105
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 28
Total of all active and inactive participants 2022-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 133
Number of participants with account balances 2022-01-01 120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 8
2021: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 105
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 26
Total of all active and inactive participants 2021-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 131
Number of participants with account balances 2021-01-01 119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 4
2020: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 113
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 20
Total of all active and inactive participants 2020-01-01 133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 133
Number of participants with account balances 2020-01-01 117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 121
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 111
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 14
Total of all active and inactive participants 2019-01-01 125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 125
Number of participants with account balances 2019-01-01 110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 5
2009: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 84
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 0
Total of all active and inactive participants 2009-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 84
Number of participants with account balances 2009-01-01 75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 9

Measure	Date	Value
2023: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	144
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	101
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	25
Total of all active and inactive participants	2023-01-01	126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	126
Number of participants with account balances	2023-01-01	113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	3
2022: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	105
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	28
Total of all active and inactive participants	2022-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	133
Number of participants with account balances	2022-01-01	120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	8
2021: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	105
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	26
Total of all active and inactive participants	2021-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	131
Number of participants with account balances	2021-01-01	119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	4
2020: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	113
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	20
Total of all active and inactive participants	2020-01-01	133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	133
Number of participants with account balances	2020-01-01	117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	121
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	111
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	14
Total of all active and inactive participants	2019-01-01	125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	125
Number of participants with account balances	2019-01-01	110
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	5
2009: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	84
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	0
Total of all active and inactive participants	2009-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	84
Number of participants with account balances	2009-01-01	75
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	9

Financial Data on FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

Measure	Date	Value
2023 : FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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	$2,527,327
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$1,313,363
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$1,259,489
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$857,000
Value of total assets at end of year	2023-12-31	$11,993,837
Value of total assets at beginning of year	2023-12-31	$10,779,873
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$53,874
Total interest from all sources	2023-12-31	$25,820
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$155,207
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$155,207
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$5,000,000
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	$453,547
Participant contributions at end of year	2023-12-31	$43,368
Participant contributions at beginning of year	2023-12-31	$49,596
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$25,007
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	$1,213,964
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$11,993,837
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$10,779,873
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 registered invesment companies (eg mutual funds) at end of year	2023-12-31	$7,086,115
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$6,113,788
Interest on participant loans	2023-12-31	$2,842
Interest earned on other investments	2023-12-31	$22,978
Value of interest in common/collective trusts at end of year	2023-12-31	$3,756,580
Value of interest in common/collective trusts at beginning of year	2023-12-31	$3,354,271
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2023-12-31	$1,107,774
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2023-12-31	$1,262,218
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$975,790
Net investment gain or loss from common/collective trusts	2023-12-31	$513,510
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	$378,446
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$1,259,489
Contract administrator fees	2023-12-31	$43,956
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	UHY LLP
Accountancy firm EIN	2023-12-31	200694403
2022 : FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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	$-1,051,129
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$569,550
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$518,241
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$793,160
Value of total assets at end of year	2022-12-31	$10,779,873
Value of total assets at beginning of year	2022-12-31	$12,400,552
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$51,309
Total interest from all sources	2022-12-31	$19,796
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$168,830
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$168,830
Administrative expenses professional fees incurred	2022-12-31	$1,302
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
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	$429,258
Participant contributions at end of year	2022-12-31	$49,596
Participant contributions at beginning of year	2022-12-31	$49,239
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	$-1,620,679
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$10,779,873
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$12,400,552
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 registered invesment companies (eg mutual funds) at end of year	2022-12-31	$6,113,788
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$7,252,878
Interest on participant loans	2022-12-31	$2,409
Interest earned on other investments	2022-12-31	$17,387
Value of interest in common/collective trusts at end of year	2022-12-31	$3,354,271
Value of interest in common/collective trusts at beginning of year	2022-12-31	$3,935,562
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$1,262,218
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$1,162,873
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,427,103
Net investment gain or loss from common/collective trusts	2022-12-31	$-605,812
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	$363,902
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$518,241
Contract administrator fees	2022-12-31	$50,007
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	UHY LLP
Accountancy firm EIN	2022-12-31	200694403
2021 : FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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	$2,550,200
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$1,435,493
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$1,362,646
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,063,865
Value of total assets at end of year	2021-12-31	$12,400,552
Value of total assets at beginning of year	2021-12-31	$11,285,845
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$72,847
Total interest from all sources	2021-12-31	$14,507
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$151,260
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$151,260
Administrative expenses professional fees incurred	2021-12-31	$959
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
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	$424,584
Participant contributions at end of year	2021-12-31	$49,239
Participant contributions at beginning of year	2021-12-31	$86,929
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$289,083
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	$1,114,707
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$12,400,552
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$11,285,845
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 registered invesment companies (eg mutual funds) at end of year	2021-12-31	$7,252,878
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,988,214
Interest on participant loans	2021-12-31	$3,337
Interest earned on other investments	2021-12-31	$11,170
Value of interest in common/collective trusts at end of year	2021-12-31	$3,935,562
Value of interest in common/collective trusts at beginning of year	2021-12-31	$3,684,515
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$1,162,873
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$526,187
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$861,059
Net investment gain or loss from common/collective trusts	2021-12-31	$459,509
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	$350,198
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$1,362,646
Contract administrator fees	2021-12-31	$71,888
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	UHY LLP
Accountancy firm EIN	2021-12-31	200694403
2020 : FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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	$2,460,083
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$545,002
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$481,358
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,051,328
Value of total assets at end of year	2020-12-31	$11,285,845
Value of total assets at beginning of year	2020-12-31	$9,370,764
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$63,644
Total interest from all sources	2020-12-31	$14,292
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$142,134
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$142,134
Administrative expenses professional fees incurred	2020-12-31	$973
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
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	$411,225
Participant contributions at end of year	2020-12-31	$86,929
Participant contributions at beginning of year	2020-12-31	$104,744
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$303,661
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	$1,915,081
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$11,285,845
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$9,370,764
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 registered invesment companies (eg mutual funds) at end of year	2020-12-31	$6,988,214
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$5,711,582
Interest on participant loans	2020-12-31	$4,726
Interest earned on other investments	2020-12-31	$9,566
Value of interest in common/collective trusts at end of year	2020-12-31	$3,684,515
Value of interest in common/collective trusts at beginning of year	2020-12-31	$3,023,784
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$526,187
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$530,654
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$801,725
Net investment gain or loss from common/collective trusts	2020-12-31	$450,604
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	$336,442
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$481,358
Contract administrator fees	2020-12-31	$62,671
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	UHY LLP
Accountancy firm EIN	2020-12-31	200694403
2019 : FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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	$2,333,332
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$297,539
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$236,643
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$760,867
Value of total assets at end of year	2019-12-31	$9,370,764
Value of total assets at beginning of year	2019-12-31	$7,334,971
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$60,896
Total interest from all sources	2019-12-31	$15,772
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$116,700
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$116,700
Administrative expenses professional fees incurred	2019-12-31	$812
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$5,000,000
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	$384,455
Participant contributions at end of year	2019-12-31	$104,744
Participant contributions at beginning of year	2019-12-31	$118,548
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$50,903
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	$2,035,793
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$9,370,764
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$7,334,971
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$5,711,582
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$4,485,230
Interest on participant loans	2019-12-31	$4,975
Interest earned on other investments	2019-12-31	$10,797
Value of interest in common/collective trusts at end of year	2019-12-31	$3,023,784
Value of interest in common/collective trusts at beginning of year	2019-12-31	$2,177,143
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$530,654
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$554,050
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$966,358
Net investment gain or loss from common/collective trusts	2019-12-31	$473,635
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	$325,509
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$236,643
Contract administrator fees	2019-12-31	$60,084
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	UHY LLP
Accountancy firm EIN	2019-12-31	200694403

Form 5500 Responses for FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

2023: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST NEW YORK FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

CUNA MUTUAL GROUP (National Association of Insurance Commissioners NAIC id number: 62626 )

Policy contract number

031-0070-3

Policy instance

Insurance contract or identification number	031-0070-3
Number of Individuals Covered	126
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

CUNA MUTUAL GROUP (National Association of Insurance Commissioners NAIC id number: 62626 )

Policy contract number

031-0070-3

Policy instance

Insurance contract or identification number	031-0070-3
Number of Individuals Covered	133
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

CUNA MUTUAL GROUP (National Association of Insurance Commissioners NAIC id number: 62626 )

Policy contract number

031-0070-3

Policy instance

Insurance contract or identification number	031-0070-3
Number of Individuals Covered	131
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0

CUNA MUTUAL GROUP (National Association of Insurance Commissioners NAIC id number: 62626 )

Policy contract number

031-0070-3

Policy instance

Insurance contract or identification number	031-0070-3
Number of Individuals Covered	133
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

CMFG LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62626 )

Policy contract number

031-0070-3

Policy instance

Insurance contract or identification number	031-0070-3
Number of Individuals Covered	125
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	FIRST NEW YORK FEDERAL CREDIT UNION
Employer identification number (EIN):	141345856
NAIC Classification:	522130
NAIC Description:	Credit Unions