401k Plan data: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN plan

FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 401k Plan overview

Plan Name	FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN
Plan identification number	002

FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

FIRST FEDERAL SAVINGS BANK has sponsored the creation of one or more 401k plans.

Company Name: FIRST FEDERAL SAVINGS BANK

Employer identification number (EIN): 250672305

NAIC Classification: 522120
NAIC Description: Savings Institutions

Additional information about FIRST FEDERAL SAVINGS BANK

Jurisdiction of Incorporation: Vermont Secretary of State Corporations Division

Incorporation Date: 2009-09-04

Company Identification Number: 88461

Legal Registered Office Address: 30 KIMBALL AVE, STE 102

SO BURLINGTON
United States of America (USA)
05403

More information about FIRST FEDERAL SAVINGS BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2013-01-01 MARY OLER
002 2012-01-01 DACOSTA SMITH, III PATRICK G. OBRIEN 2013-06-13
002 2011-01-01 DACOSTA SMITH, III PATRICK G. O'BRIEN 2012-06-26
002 2010-01-01 DACOSTA SMITH, III PATRICK G. O'BRIEN 2011-06-02
002 2009-01-01 DACOSTA SMITH, III PATRICK G. O'BRIEN 2010-06-25

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2013-01-01	MARY OLER
002	2012-01-01	DACOSTA SMITH, III	PATRICK G. OBRIEN	2013-06-13
002	2011-01-01	DACOSTA SMITH, III	PATRICK G. O'BRIEN	2012-06-26
002	2010-01-01	DACOSTA SMITH, III	PATRICK G. O'BRIEN	2011-06-02
002	2009-01-01	DACOSTA SMITH, III	PATRICK G. O'BRIEN	2010-06-25

Plan Statistics for FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

401k plan membership statisitcs for FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

Measure Date Value
2013: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 80
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 22
Total of all active and inactive participants 2013-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 102
Number of participants with account balances 2013-01-01 98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 82
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 23
Total of all active and inactive participants 2012-01-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 105
Number of participants with account balances 2012-01-01 101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 105
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 84
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 23
Total of all active and inactive participants 2011-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 107
Number of participants with account balances 2011-01-01 101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 5
2010: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 110
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 84
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 23
Total of all active and inactive participants 2010-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 107
Number of participants with account balances 2010-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 2
2009: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 108
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 88
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 19
Total of all active and inactive participants 2009-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 107
Number of participants with account balances 2009-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 3

Measure	Date	Value
2013: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	80
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	22
Total of all active and inactive participants	2013-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	102
Number of participants with account balances	2013-01-01	98
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	82
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	23
Total of all active and inactive participants	2012-01-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	105
Number of participants with account balances	2012-01-01	101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	105
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	84
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	23
Total of all active and inactive participants	2011-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	107
Number of participants with account balances	2011-01-01	101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	5
2010: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	110
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	84
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	23
Total of all active and inactive participants	2010-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	107
Number of participants with account balances	2010-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	2
2009: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	108
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	88
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	19
Total of all active and inactive participants	2009-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	107
Number of participants with account balances	2009-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	3

Financial Data on FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

Measure	Date	Value
2013 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$1,573,887
Expenses. Total of all expenses incurred	2013-12-31	$562,986
Benefits paid (including direct rollovers)	2013-12-31	$560,866
Total plan assets at end of year	2013-12-31	$7,553,783
Total plan assets at beginning of year	2013-12-31	$6,542,882
Value of fidelity bond covering the plan	2013-12-31	$5,500,000
Total contributions received or receivable from participants	2013-12-31	$270,740
Other income received	2013-12-31	$1,155,848
Net income (gross income less expenses)	2013-12-31	$1,010,901
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$7,553,783
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$6,542,882
Assets. Value of participant loans	2013-12-31	$102,727
Assets. Value of employer securities	2013-12-31	$761,046
Total contributions received or receivable from employer(s)	2013-12-31	$147,299
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$2,120
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
2012 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$1,088,503
Expenses. Total of all expenses incurred	2012-12-31	$173,079
Benefits paid (including direct rollovers)	2012-12-31	$171,739
Total plan assets at end of year	2012-12-31	$6,542,882
Total plan assets at beginning of year	2012-12-31	$5,627,458
Value of fidelity bond covering the plan	2012-12-31	$5,500,000
Total contributions received or receivable from participants	2012-12-31	$272,317
Expenses. Other expenses not covered elsewhere	2012-12-31	$1,340
Contributions received from other sources (not participants or employers)	2012-12-31	$12,967
Other income received	2012-12-31	$653,540
Net income (gross income less expenses)	2012-12-31	$915,424
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$6,542,882
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$5,627,458
Assets. Value of participant loans	2012-12-31	$125,344
Total contributions received or receivable from employer(s)	2012-12-31	$149,679
2011 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$469,844
Expenses. Total of all expenses incurred	2011-12-31	$815,219
Benefits paid (including direct rollovers)	2011-12-31	$814,319
Total plan assets at end of year	2011-12-31	$5,627,458
Total plan assets at beginning of year	2011-12-31	$5,972,833
Value of fidelity bond covering the plan	2011-12-31	$5,500,000
Total contributions received or receivable from participants	2011-12-31	$281,729
Expenses. Other expenses not covered elsewhere	2011-12-31	$900
Contributions received from other sources (not participants or employers)	2011-12-31	$92,365
Other income received	2011-12-31	$-48,107
Net income (gross income less expenses)	2011-12-31	$-345,375
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$5,627,458
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$5,972,833
Assets. Value of participant loans	2011-12-31	$143,438
Assets. Value of employer securities	2011-12-31	$563,217
Total contributions received or receivable from employer(s)	2011-12-31	$143,857
2010 : FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$881,509
Expenses. Total of all expenses incurred	2010-12-31	$132,556
Benefits paid (including direct rollovers)	2010-12-31	$21,725
Total plan assets at end of year	2010-12-31	$1,608,929
Total plan assets at beginning of year	2010-12-31	$859,976
Value of fidelity bond covering the plan	2010-12-31	$5,500,000
Expenses. Other expenses not covered elsewhere	2010-12-31	$110,831
Other income received	2010-12-31	$622,716
Net income (gross income less expenses)	2010-12-31	$748,953
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,608,929
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$859,976
Assets. Value of employer securities	2010-12-31	$1,608,929
Total contributions received or receivable from employer(s)	2010-12-31	$258,793

Form 5500 Responses for FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN

2013: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: FIRST FEDERAL SAVINGS BANK RETIREMENT PLAN 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 – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST FEDERAL SAVINGS BANK RETIREMENT 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

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Company Name:	FIRST FEDERAL SAVINGS BANK
Employer identification number (EIN):	250672305
NAIC Classification:	522120
NAIC Description:	Savings Institutions

Jurisdiction of Incorporation:	Vermont Secretary of State Corporations Division
Incorporation Date:	2009-09-04
Company Identification Number:	88461
Legal Registered Office Address:	30 KIMBALL AVE, STE 102 SO BURLINGTON United States of America (USA) 05403