401k Plan data: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN plan

FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN
Plan identification number	001

FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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

FAMILY FIRST OF NY FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: FAMILY FIRST OF NY FEDERAL CREDIT UNION

Employer identification number (EIN): 160967546

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 ERISA FIDUCIARY SERVICES 2024-05-04
001 2022-01-01 ERISA FIDUCIARY SERVICES 2023-04-08
001 2021-01-01 AMY SPAGNOLO 2022-03-30
001 2020-01-01 AMY SPAGNOLO 2021-05-12
001 2019-01-01 AMY SPAGNOLO 2020-05-11
001 2018-01-01 AMY SPAGNOLO
001 2017-01-01 AMY SPAGNOLO-MUNOZ
001 2016-01-01 AMY SPAGNOLO-MUNOZ
001 2015-01-01 AMY SPAGNOLO-MUNOZ
001 2014-01-01 CHRISTINE A. PETERS 2015-07-13
001 2013-01-01 CHRISTINE A. PETERS 2014-07-28
001 2012-01-01 CHRISTINE A. PETERS 2013-07-12
001 2011-01-01 CHRISTINE A. PETERS 2012-06-18
001 2010-01-01 CHRISTINE A. PETERS 2011-05-17

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	ERISA FIDUCIARY SERVICES	2024-05-04
001	2022-01-01	ERISA FIDUCIARY SERVICES	2023-04-08
001	2021-01-01	AMY SPAGNOLO	2022-03-30
001	2020-01-01	AMY SPAGNOLO	2021-05-12
001	2019-01-01	AMY SPAGNOLO	2020-05-11
001	2018-01-01	AMY SPAGNOLO
001	2017-01-01	AMY SPAGNOLO-MUNOZ
001	2016-01-01	AMY SPAGNOLO-MUNOZ
001	2015-01-01	AMY SPAGNOLO-MUNOZ
001	2014-01-01	CHRISTINE A. PETERS	2015-07-13
001	2013-01-01	CHRISTINE A. PETERS	2014-07-28
001	2012-01-01	CHRISTINE A. PETERS	2013-07-12
001	2011-01-01	CHRISTINE A. PETERS	2012-06-18
001	2010-01-01	CHRISTINE A. PETERS	2011-05-17

Plan Statistics for FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure Date Value
2018: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 75
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 61
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 14
Total of all active and inactive participants 2018-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 75
Number of participants with account balances 2018-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 65
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 62
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 13
Total of all active and inactive participants 2017-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 75
Number of participants with account balances 2017-01-01 60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 4
2016: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 75
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 54
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 11
Total of all active and inactive participants 2016-01-01 65
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 65
Number of participants with account balances 2016-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 3
2015: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 67
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 52
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 23
Total of all active and inactive participants 2015-01-01 75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 75
Number of participants with account balances 2015-01-01 73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 2

Measure	Date	Value
2018: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	75
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	61
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	14
Total of all active and inactive participants	2018-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	75
Number of participants with account balances	2018-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	65
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	62
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	13
Total of all active and inactive participants	2017-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	75
Number of participants with account balances	2017-01-01	60
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	4
2016: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	75
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	54
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	11
Total of all active and inactive participants	2016-01-01	65
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	65
Number of participants with account balances	2016-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	3
2015: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	67
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	52
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	23
Total of all active and inactive participants	2015-01-01	75
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	75
Number of participants with account balances	2015-01-01	73
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	2

Financial Data on FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2018 : FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$209,632
Expenses. Total of all expenses incurred	2018-12-31	$515,441
Benefits paid (including direct rollovers)	2018-12-31	$472,168
Total plan assets at end of year	2018-12-31	$3,108,327
Total plan assets at beginning of year	2018-12-31	$3,414,136
Value of fidelity bond covering the plan	2018-12-31	$350,000
Total contributions received or receivable from participants	2018-12-31	$204,344
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$66,967
Other income received	2018-12-31	$-114,453
Net income (gross income less expenses)	2018-12-31	$-305,809
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$3,108,327
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$3,414,136
Assets. Value of participant loans	2018-12-31	$59,920
Total contributions received or receivable from employer(s)	2018-12-31	$52,774
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$43,273
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2018-12-31	$0
Minimum employer required contribution for this plan year	2018-12-31	$0
Amount contributed by the employer to the plan for this plan year	2018-12-31	$0
2017 : FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$748,846
Expenses. Total of all expenses incurred	2017-12-31	$82,293
Benefits paid (including direct rollovers)	2017-12-31	$67,537
Total plan assets at end of year	2017-12-31	$3,414,136
Total plan assets at beginning of year	2017-12-31	$2,747,583
Value of fidelity bond covering the plan	2017-12-31	$350,000
Assets. Value of tangible personal property	2017-12-31	$0
Total contributions received or receivable from participants	2017-12-31	$210,421
Assets. Value of loans (other than to participants)	2017-12-31	$0
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$3
Other income received	2017-12-31	$482,194
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$666,553
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$3,414,136
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$2,747,583
Assets. Value of participant loans	2017-12-31	$41,268
Assets. Value of assets in partnership/joint-venture interests	2017-12-31	$0
Assets. Value of real-estate (other than employer real property)	2017-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2017-12-31	$0
Assets. Value of employer securities	2017-12-31	$0
Assets. Value of employer real property	2017-12-31	$0
Total contributions received or receivable from employer(s)	2017-12-31	$56,228
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$14,756
2016 : FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$448,975
Expenses. Total of all expenses incurred	2016-12-31	$107,803
Benefits paid (including direct rollovers)	2016-12-31	$92,453
Total plan assets at end of year	2016-12-31	$2,747,583
Total plan assets at beginning of year	2016-12-31	$2,406,411
Value of fidelity bond covering the plan	2016-12-31	$221,000
Total contributions received or receivable from participants	2016-12-31	$207,332
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$6,984
Other income received	2016-12-31	$195,290
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$341,172
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,747,583
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,406,411
Assets. Value of participant loans	2016-12-31	$22,137
Total contributions received or receivable from employer(s)	2016-12-31	$39,369
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$15,350
2015 : FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$309,458
Expenses. Total of all expenses incurred	2015-12-31	$113,812
Benefits paid (including direct rollovers)	2015-12-31	$113,812
Total plan assets at end of year	2015-12-31	$2,406,411
Total plan assets at beginning of year	2015-12-31	$2,210,765
Value of fidelity bond covering the plan	2015-12-31	$221,000
Total contributions received or receivable from participants	2015-12-31	$204,591
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$46,589
Other income received	2015-12-31	$4,897
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$195,646
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,406,411
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,210,765
Assets. Value of participant loans	2015-12-31	$11,562
Total contributions received or receivable from employer(s)	2015-12-31	$53,381
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0

Form 5500 Responses for FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

2018: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: FAMILY FIRST OF NY FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FAMILY FIRST OF NY FEDERAL CREDIT UNION
Employer identification number (EIN):	160967546
NAIC Classification:	522130
NAIC Description:	Credit Unions