401k Plan data: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA plan

FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 401k Plan overview

Plan Name	FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA
Plan identification number	001

FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 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.
Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
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 TECH FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: FIRST TECH FEDERAL CREDIT UNION

Employer identification number (EIN): 237062675

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA

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 PHILIPP BURACTAON 2023-07-21
001 2021-01-01 PHILIPP BURACTAON 2023-01-11
001 2020-01-01 PHILIPP BURACTAON 2021-08-12
001 2019-01-01 TERESA HESS 2020-08-07
001 2018-01-01 ANDREA KNAPP 2019-08-07
001 2017-01-01 ANDREA KNAPP 2018-10-15 ANDREA KNAPP 2018-10-15
001 2016-01-01 ANDREA KNAPP 2018-01-31 ANDREA KNAPP 2018-01-31
001 2015-01-01 JUSTIN PENNA 2016-07-26
001 2014-01-01 JEROLD T. OLSON 2015-04-29
001 2013-01-01 JEROLD T. OLSON 2014-07-30
001 2012-01-01 JEROLD T. OLSON 2013-09-09
001 2011-01-01 FRANCISCO FERNANDEZ 2012-05-31
001 2010-01-01 JEROLD OLSON
001 2009-01-01 JEROLD OLSON

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	PHILIPP BURACTAON	2023-07-21
001	2021-01-01	PHILIPP BURACTAON	2023-01-11
001	2020-01-01	PHILIPP BURACTAON	2021-08-12
001	2019-01-01	TERESA HESS	2020-08-07
001	2018-01-01	ANDREA KNAPP	2019-08-07
001	2017-01-01	ANDREA KNAPP	2018-10-15	ANDREA KNAPP	2018-10-15
001	2016-01-01	ANDREA KNAPP	2018-01-31	ANDREA KNAPP	2018-01-31
001	2015-01-01	JUSTIN PENNA	2016-07-26
001	2014-01-01	JEROLD T. OLSON	2015-04-29
001	2013-01-01	JEROLD T. OLSON	2014-07-30
001	2012-01-01	JEROLD T. OLSON	2013-09-09
001	2011-01-01	FRANCISCO FERNANDEZ	2012-05-31
001	2010-01-01	JEROLD OLSON
001	2009-01-01	JEROLD OLSON

Plan Statistics for FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA

401k plan membership statisitcs for FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA

Measure Date Value
2010: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2010 401k membership
Total participants, beginning-of-year 2010-01-01 557
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 423
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 188
Total of all active and inactive participants 2010-01-01 611
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 611
Number of participants with account balances 2010-01-01 510
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 11
2009: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2009 401k membership
Total participants, beginning-of-year 2009-01-01 484
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 403
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 115
Total of all active and inactive participants 2009-01-01 519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 519
Number of participants with account balances 2009-01-01 483
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 34

Measure	Date	Value
2010: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2010 401k membership
Total participants, beginning-of-year	2010-01-01	557
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	423
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	188
Total of all active and inactive participants	2010-01-01	611
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	611
Number of participants with account balances	2010-01-01	510
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	11
2009: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2009 401k membership
Total participants, beginning-of-year	2009-01-01	484
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	403
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	115
Total of all active and inactive participants	2009-01-01	519
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	519
Number of participants with account balances	2009-01-01	483
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	34

Financial Data on FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA

Measure	Date	Value
2011 : FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-02-01	$0
Total transfer of assets from this plan	2011-02-01	$22,823,553
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-02-01	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-02-01	$0
Total income from all sources (including contributions)	2011-02-01	$657,458
Total loss/gain on sale of assets	2011-02-01	$0
Total of all expenses incurred	2011-02-01	$697,135
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-02-01	$694,667
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-02-01	$201,570
Value of total assets at end of year	2011-02-01	$0
Value of total assets at beginning of year	2011-02-01	$22,863,230
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-02-01	$2,468
Total interest from all sources	2011-02-01	$13,708
Total dividends received (eg from common stock, registered investment company shares)	2011-02-01	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-02-01	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2011-02-01	$0
Administrative expenses professional fees incurred	2011-02-01	$2,468
Was this plan covered by a fidelity bond	2011-02-01	Yes
Value of fidelity bond cover	2011-02-01	$12,000,000
If this is an individual account plan, was there a blackout period	2011-02-01	Yes
Were there any nonexempt tranactions with any party-in-interest	2011-02-01	No
Contributions received from participants	2011-02-01	$130,316
Participant contributions at end of year	2011-02-01	$0
Participant contributions at beginning of year	2011-02-01	$576,648
Participant contributions at end of year	2011-02-01	$0
Participant contributions at beginning of year	2011-02-01	$31,875
Income. Received or receivable in cash from other sources (including rollovers)	2011-02-01	$20,458
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-02-01	No
Value of net income/loss	2011-02-01	$-39,677
Value of net assets at end of year (total assets less liabilities)	2011-02-01	$0
Value of net assets at beginning of year (total assets less liabilities)	2011-02-01	$22,863,230
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-02-01	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-02-01	No
Were any leases to which the plan was party in default or uncollectible	2011-02-01	No
Value of interest in pooled separate accounts at end of year	2011-02-01	$0
Value of interest in pooled separate accounts at beginning of year	2011-02-01	$19,164,891
Interest on participant loans	2011-02-01	$1,155
Interest earned on other investments	2011-02-01	$12,553
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-02-01	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-02-01	$3,074,110
Net investment gain/loss from pooled separate accounts	2011-02-01	$442,180
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-02-01	No
Was there a failure to transmit to the plan any participant contributions	2011-02-01	No
Has the plan failed to provide any benefit when due under the plan	2011-02-01	No
Contributions received in cash from employer	2011-02-01	$50,796
Employer contributions (assets) at end of year	2011-02-01	$0
Employer contributions (assets) at beginning of year	2011-02-01	$15,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-02-01	$694,667
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-02-01	Yes
Did the plan have assets held for investment	2011-02-01	No
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	2011-02-01	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-02-01	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-02-01	Yes
Opinion of an independent qualified public accountant for this plan	2011-02-01	Disclaimer
Accountancy firm name	2011-02-01	ORTH, CHAKLER, MURNANE & COMPANY
Accountancy firm EIN	2011-02-01	650662923
2010 : FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-12-31	$0
Total transfer of assets to this plan	2010-12-31	$1,454,211
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	$4,820,970
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$2,638,325
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$2,635,319
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$2,452,550
Value of total assets at end of year	2010-12-31	$22,863,230
Value of total assets at beginning of year	2010-12-31	$19,226,374
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$3,006
Total interest from all sources	2010-12-31	$76,802
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
Administrative expenses professional fees incurred	2010-12-31	$3,006
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$12,000,000
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	$1,842,139
Participant contributions at end of year	2010-12-31	$576,648
Participant contributions at beginning of year	2010-12-31	$369,950
Participant contributions at end of year	2010-12-31	$31,875
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$15,100
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	$2,182,645
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$22,863,230
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$19,226,374
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 registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$15,851,853
Value of interest in pooled separate accounts at end of year	2010-12-31	$19,164,891
Interest on participant loans	2010-12-31	$22,262
Interest earned on other investments	2010-12-31	$54,540
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$3,004,571
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$3,004,571
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-12-31	$3,074,110
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$1,517,975
Net investment gain/loss from pooled separate accounts	2010-12-31	$773,643
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	$595,311
Employer contributions (assets) at end of year	2010-12-31	$15,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$2,635,319
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	ORTH, CHAKLER, MURNANE & COMPANY
Accountancy firm EIN	2010-12-31	650662923

Form 5500 Responses for FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA

2010: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST TECH FEDERAL PR QUALIFIED EE SAVING RET PLA 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 funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )

Policy contract number

807830

Policy instance

Insurance contract or identification number	807830
Number of Individuals Covered	611
Insurance policy start date	2010-01-01
Insurance policy end date	2010-12-31
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?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	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

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Company Name:	FIRST TECH FEDERAL CREDIT UNION
Employer identification number (EIN):	237062675
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services