PUBLIC SERVICE CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PUBLIC SERVICE CREDIT UNION PENSION PLAN
| Measure | Date | Value |
|---|
| 2023: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 167 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 103 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 3 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 66 |
| Total of all active and inactive participants | 2023-01-01 | 172 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 172 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 10 |
| 2022: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 16,427,402 |
| Acturial value of plan assets | 2022-12-31 | 16,427,402 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 1,977,357 |
| Number of terminated vested participants | 2022-12-31 | 54 |
| Fundng target for terminated vested participants | 2022-12-31 | 1,062,346 |
| Active participant vested funding target | 2022-12-31 | 2,681,332 |
| Number of active participants | 2022-12-31 | 91 |
| Total funding liabilities for active participants | 2022-12-31 | 2,708,217 |
| Total participant count | 2022-12-31 | 148 |
| Total funding target for all participants | 2022-12-31 | 5,747,920 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 300,861 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 300,861 |
| Present value of excess contributions | 2022-12-31 | 4,944,948 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 5,222,360 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 339,461 |
| Total employer contributions | 2022-12-31 | 0 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 546,644 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
| Additional cash requirement | 2022-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 148 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 104 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 3 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 58 |
| Total of all active and inactive participants | 2022-01-01 | 165 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 165 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 8 |
| 2021: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 13,720,578 |
| Acturial value of plan assets | 2021-12-31 | 13,720,578 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 1,994,740 |
| Number of terminated vested participants | 2021-12-31 | 36 |
| Fundng target for terminated vested participants | 2021-12-31 | 686,271 |
| Active participant vested funding target | 2021-12-31 | 5,253,306 |
| Number of active participants | 2021-12-31 | 123 |
| Total funding liabilities for active participants | 2021-12-31 | 5,293,224 |
| Total participant count | 2021-12-31 | 162 |
| Total funding target for all participants | 2021-12-31 | 7,974,235 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 272,618 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 272,618 |
| Present value of excess contributions | 2021-12-31 | 561,857 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 591,635 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 300,861 |
| Total employer contributions | 2021-12-31 | 5,000,716 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 4,944,948 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 488,303 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
| Waiver amortization installment | 2021-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Additional cash requirement | 2021-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 4,944,948 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 160 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 91 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 3 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 54 |
| Total of all active and inactive participants | 2021-01-01 | 148 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
| Total participants | 2021-01-01 | 148 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 16 |
| 2020: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 12,396,431 |
| Acturial value of plan assets | 2020-12-31 | 12,396,431 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 2,085,847 |
| Number of terminated vested participants | 2020-12-31 | 29 |
| Fundng target for terminated vested participants | 2020-12-31 | 649,546 |
| Active participant vested funding target | 2020-12-31 | 4,928,743 |
| Number of active participants | 2020-12-31 | 126 |
| Total funding liabilities for active participants | 2020-12-31 | 5,141,080 |
| Total participant count | 2020-12-31 | 158 |
| Total funding target for all participants | 2020-12-31 | 7,876,473 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 228,304 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 228,304 |
| Present value of excess contributions | 2020-12-31 | 493,452 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 520,543 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 272,618 |
| Total employer contributions | 2020-12-31 | 585,133 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 561,857 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 422,527 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
| Additional cash requirement | 2020-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 561,857 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 158 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 121 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 3 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 36 |
| Total of all active and inactive participants | 2020-01-01 | 160 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
| Total participants | 2020-01-01 | 160 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 23 |
| 2019: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 10,131,331 |
| Acturial value of plan assets | 2019-12-31 | 10,131,331 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 1,739,819 |
| Number of terminated vested participants | 2019-12-31 | 32 |
| Fundng target for terminated vested participants | 2019-12-31 | 572,642 |
| Active participant vested funding target | 2019-12-31 | 4,445,915 |
| Number of active participants | 2019-12-31 | 83 |
| Total funding liabilities for active participants | 2019-12-31 | 4,551,968 |
| Total participant count | 2019-12-31 | 117 |
| Total funding target for all participants | 2019-12-31 | 6,864,429 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 243,576 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 243,576 |
| Present value of excess contributions | 2019-12-31 | 422,370 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 446,530 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 228,304 |
| Total employer contributions | 2019-12-31 | 517,622 |
| Total employee contributions | 2019-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 495,916 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 369,223 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
| Additional cash requirement | 2019-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 495,916 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| 2018: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 10,592,387 |
| Acturial value of plan assets | 2018-12-31 | 10,592,387 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 1,691,585 |
| Number of terminated vested participants | 2018-12-31 | 28 |
| Fundng target for terminated vested participants | 2018-12-31 | 366,459 |
| Active participant vested funding target | 2018-12-31 | 3,821,808 |
| Number of active participants | 2018-12-31 | 60 |
| Total funding liabilities for active participants | 2018-12-31 | 3,917,417 |
| Total participant count | 2018-12-31 | 90 |
| Total funding target for all participants | 2018-12-31 | 5,975,461 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 213,401 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 213,401 |
| Present value of excess contributions | 2018-12-31 | 438,231 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 464,087 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 243,576 |
| Total employer contributions | 2018-12-31 | 440,783 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 422,370 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 293,166 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 422,370 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| 2017: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 9,257,168 |
| Acturial value of plan assets | 2017-12-31 | 9,257,168 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 1,544,060 |
| Number of terminated vested participants | 2017-12-31 | 41 |
| Fundng target for terminated vested participants | 2017-12-31 | 341,387 |
| Active participant vested funding target | 2017-12-31 | 3,382,501 |
| Number of active participants | 2017-12-31 | 62 |
| Total funding liabilities for active participants | 2017-12-31 | 3,482,206 |
| Total participant count | 2017-12-31 | 104 |
| Total funding target for all participants | 2017-12-31 | 5,367,653 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 200,659 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 200,659 |
| Present value of excess contributions | 2017-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 213,401 |
| Total employer contributions | 2017-12-31 | 460,318 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 438,231 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 309,545 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
| Waiver amortization installment | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 438,231 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| 2016: PUBLIC SERVICE CREDIT UNION PENSION PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 8,768,044 |
| Acturial value of plan assets | 2016-12-31 | 8,768,044 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 0 |
| Number of terminated vested participants | 2016-12-31 | 30 |
| Fundng target for terminated vested participants | 2016-12-31 | 271,639 |
| Active participant vested funding target | 2016-12-31 | 4,014,099 |
| Number of active participants | 2016-12-31 | 70 |
| Total funding liabilities for active participants | 2016-12-31 | 4,128,649 |
| Total participant count | 2016-12-31 | 100 |
| Total funding target for all participants | 2016-12-31 | 4,400,288 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 206,865 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 206,865 |
| Present value of excess contributions | 2016-12-31 | 4,621,638 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 4,907,255 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 200,659 |
| Total employer contributions | 2016-12-31 | 0 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 438,546 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Waived amount of outstanding balance | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Additional cash requirement | 2016-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Measure | Date | Value |
|---|
| 2023 : PUBLIC SERVICE CREDIT UNION PENSION 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 | $1,798,751 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $260,070 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $189,735 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,595 |
| Value of total assets at end of year | 2023-12-31 | $15,109,746 |
| Value of total assets at beginning of year | 2023-12-31 | $13,571,065 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $70,335 |
| Total interest from all sources | 2023-12-31 | $1,849 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $373,713 |
| 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 | $373,713 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Other income not declared elsewhere | 2023-12-31 | $2,297 |
| 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 | $1,538,681 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $15,109,746 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $13,571,065 |
| 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 |
| Investment advisory and management fees | 2023-12-31 | $14,067 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $14,264,450 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $13,563,210 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $1,849 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $845,296 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $7,855 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-12-31 | $17,178 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,419,297 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | Yes |
| 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 | $1,595 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $172,557 |
| Contract administrator fees | 2023-12-31 | $47,828 |
| 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 | DOEREN MAYHEW |
| Accountancy firm EIN | 2023-12-31 | 382492570 |
| 2022 : PUBLIC SERVICE CREDIT UNION PENSION 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 | $-2,389,966 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $466,371 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $393,620 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
| Value of total assets at end of year | 2022-12-31 | $13,571,065 |
| Value of total assets at beginning of year | 2022-12-31 | $16,427,402 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $72,751 |
| Total interest from all sources | 2022-12-31 | $89 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $401,355 |
| 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 | $401,355 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $5,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Other income not declared elsewhere | 2022-12-31 | $2,158 |
| 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 | $-2,856,337 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $13,571,065 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $16,427,402 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $14,550 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $13,563,210 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $16,421,794 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $89 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $7,855 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $5,608 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $80,952 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,793,568 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| 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 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $312,668 |
| Contract administrator fees | 2022-12-31 | $58,201 |
| 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 | DOEREN MAYHEW |
| Accountancy firm EIN | 2022-12-31 | 382492570 |
| 2021 : PUBLIC SERVICE CREDIT UNION PENSION 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 | $7,039,906 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $4,333,082 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $4,250,971 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $5,000,716 |
| Value of total assets at end of year | 2021-12-31 | $16,427,402 |
| Value of total assets at beginning of year | 2021-12-31 | $13,720,578 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $82,111 |
| Total interest from all sources | 2021-12-31 | $5,702 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $351,185 |
| 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 | $351,185 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $5,000,000 |
| 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 |
| Other income not declared elsewhere | 2021-12-31 | $2,015 |
| 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 | $2,706,824 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $16,427,402 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,720,578 |
| 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 |
| Investment advisory and management fees | 2021-12-31 | $16,422 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $16,421,794 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $13,240,860 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $5,702 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $5,608 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $479,718 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,680,288 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| 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 | $5,000,716 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $4,250,971 |
| Contract administrator fees | 2021-12-31 | $65,689 |
| 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 | DOEREN MAYHEW |
| Accountancy firm EIN | 2021-12-31 | 382492570 |
| 2020 : PUBLIC SERVICE CREDIT UNION PENSION 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 | $1,855,024 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $530,877 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $474,798 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $585,133 |
| Value of total assets at end of year | 2020-12-31 | $13,720,578 |
| Value of total assets at beginning of year | 2020-12-31 | $12,396,431 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $56,079 |
| Total interest from all sources | 2020-12-31 | $10,874 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $263,538 |
| 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 | $263,538 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $5,000,000 |
| 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 |
| Other income not declared elsewhere | 2020-12-31 | $841 |
| 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 | $1,324,147 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,720,578 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $12,396,431 |
| 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 |
| Investment advisory and management fees | 2020-12-31 | $11,216 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $13,240,860 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $11,538,352 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $10,874 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $479,718 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $858,079 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $994,638 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
| 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 | $585,133 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $474,798 |
| Contract administrator fees | 2020-12-31 | $44,863 |
| 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 | DOEREN MAYHEW |
| Accountancy firm EIN | 2020-12-31 | 382492570 |
