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FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 401k Plan overview

Plan NameFIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN
Plan identification number 001

FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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 SERVICE FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:FIRST SERVICE FEDERAL CREDIT UNION
Employer identification number (EIN):314419394
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01JUDITH PERKS
0012014-01-01JUDY PERKS
0012013-01-01JUDY PERKS
0012012-01-01JACK HARPER
0012011-01-01JACK HARPER
0012010-01-01JACK HARPER
0012009-01-01JACK HARPER
0012009-01-01 JACK HARPER2010-05-26

Plan Statistics for FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN

401k plan membership statisitcs for FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN

Measure Date Value
2015: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0149
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-010
Number of participants with account balances2015-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0148
Total number of active participants reported on line 7a of the Form 55002014-01-0143
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-016
Total of all active and inactive participants2014-01-0149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0149
Number of participants with account balances2014-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0157
Total number of active participants reported on line 7a of the Form 55002013-01-0142
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-016
Total of all active and inactive participants2013-01-0148
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0148
Number of participants with account balances2013-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0152
Total number of active participants reported on line 7a of the Form 55002012-01-0151
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-016
Total of all active and inactive participants2012-01-0157
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0157
Number of participants with account balances2012-01-0136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0151
Total number of active participants reported on line 7a of the Form 55002011-01-0145
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-017
Total of all active and inactive participants2011-01-0152
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0152
Number of participants with account balances2011-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-014
2010: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0154
Total number of active participants reported on line 7a of the Form 55002010-01-0144
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-017
Total of all active and inactive participants2010-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0151
Number of participants with account balances2010-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-013
2009: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0157
Total number of active participants reported on line 7a of the Form 55002009-01-0148
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0154
Number of participants with account balances2009-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN

Measure Date Value
2015 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-09-28$-1,111,239
Total plan liabilities at end of year2015-09-28$0
Total plan liabilities at beginning of year2015-09-28$0
Total income from all sources2015-09-28$13,261
Expenses. Total of all expenses incurred2015-09-28$51,516
Benefits paid (including direct rollovers)2015-09-28$50,741
Total plan assets at end of year2015-09-28$0
Total plan assets at beginning of year2015-09-28$1,149,494
Value of fidelity bond covering the plan2015-09-28$3,500,000
Total contributions received or receivable from participants2015-09-28$27,230
Expenses. Other expenses not covered elsewhere2015-09-28$0
Contributions received from other sources (not participants or employers)2015-09-28$0
Other income received2015-09-28$-30,163
Noncash contributions received2015-09-28$0
Net income (gross income less expenses)2015-09-28$-38,255
Net plan assets at end of year (total assets less liabilities)2015-09-28$0
Net plan assets at beginning of year (total assets less liabilities)2015-09-28$1,149,494
Assets. Value of participant loans2015-09-28$0
Total contributions received or receivable from employer(s)2015-09-28$16,194
Value of certain deemed distributions of participant loans2015-09-28$0
Value of corrective distributions2015-09-28$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-09-28$775
2014 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$164,406
Expenses. Total of all expenses incurred2014-12-31$504,221
Benefits paid (including direct rollovers)2014-12-31$503,271
Total plan assets at end of year2014-12-31$1,149,493
Total plan assets at beginning of year2014-12-31$1,489,308
Value of fidelity bond covering the plan2014-12-31$3,500,000
Total contributions received or receivable from participants2014-12-31$61,340
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$64,737
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$-339,815
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,149,493
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,489,308
Assets. Value of participant loans2014-12-31$81,634
Total contributions received or receivable from employer(s)2014-12-31$38,329
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$950
2013 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$252,758
Expenses. Total of all expenses incurred2013-12-31$12,953
Benefits paid (including direct rollovers)2013-12-31$12,353
Total plan assets at end of year2013-12-31$1,489,308
Total plan assets at beginning of year2013-12-31$1,249,503
Value of fidelity bond covering the plan2013-12-31$3,500,000
Total contributions received or receivable from participants2013-12-31$62,642
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$150,042
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$239,805
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,489,308
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,249,503
Assets. Value of participant loans2013-12-31$62,534
Total contributions received or receivable from employer(s)2013-12-31$40,074
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$600
2012 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$194,261
Expenses. Total of all expenses incurred2012-12-31$170,530
Benefits paid (including direct rollovers)2012-12-31$168,902
Total plan assets at end of year2012-12-31$1,249,503
Total plan assets at beginning of year2012-12-31$1,225,772
Value of fidelity bond covering the plan2012-12-31$3,500,000
Total contributions received or receivable from participants2012-12-31$62,861
Other income received2012-12-31$90,721
Net income (gross income less expenses)2012-12-31$23,731
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,249,503
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,225,772
Assets. Value of participant loans2012-12-31$35,213
Total contributions received or receivable from employer(s)2012-12-31$40,679
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,628
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$106,982
Expenses. Total of all expenses incurred2011-12-31$289,496
Benefits paid (including direct rollovers)2011-12-31$289,294
Total plan assets at end of year2011-12-31$1,225,772
Total plan assets at beginning of year2011-12-31$1,408,286
Value of fidelity bond covering the plan2011-12-31$3,500,000
Total contributions received or receivable from participants2011-12-31$66,171
Contributions received from other sources (not participants or employers)2011-12-31$7,973
Other income received2011-12-31$-7,094
Net income (gross income less expenses)2011-12-31$-182,514
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,225,772
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,408,286
Assets. Value of participant loans2011-12-31$68,246
Total contributions received or receivable from employer(s)2011-12-31$39,932
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$202
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$232,269
Expenses. Total of all expenses incurred2010-12-31$27,426
Benefits paid (including direct rollovers)2010-12-31$21,450
Total plan assets at end of year2010-12-31$1,408,286
Total plan assets at beginning of year2010-12-31$1,203,443
Value of fidelity bond covering the plan2010-12-31$3,500,000
Total contributions received or receivable from participants2010-12-31$63,071
Other income received2010-12-31$130,951
Net income (gross income less expenses)2010-12-31$204,843
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,408,286
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,203,443
Assets. Value of participant loans2010-12-31$83,919
Total contributions received or receivable from employer(s)2010-12-31$38,247
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$5,976
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN

2015: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
2015-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FIRST SERVICE FEDERAL CREDIT UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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