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FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameFIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 003

FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Stock bonus
  • 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.
  • 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 requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

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

Company Name:FIRST FEDERAL BANK OF WISCONSIN
Employer identification number (EIN):390366980
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01LEANN EDDINGSAAS2024-07-31
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01LEANN EDDINGSAAS2020-07-29
0032018-01-01NIKOLA SCHAUMBERG
0032017-01-01NIKOLA SCHAUMBERG

Plan Statistics for FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0160
Total number of active participants reported on line 7a of the Form 55002023-01-0143
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0121
Total of all active and inactive participants2023-01-0164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0164
Number of participants with account balances2023-01-0164
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-013
2022: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0161
Total number of active participants reported on line 7a of the Form 55002022-01-0142
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0118
Total of all active and inactive participants2022-01-0160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0160
Number of participants with account balances2022-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-013
2021: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0142
Total number of active participants reported on line 7a of the Form 55002021-01-0134
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0117
Total of all active and inactive participants2021-01-0151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0151
Number of participants with account balances2021-01-0150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0140
Total number of active participants reported on line 7a of the Form 55002020-01-0130
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0111
Total of all active and inactive participants2020-01-0141
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0141
Number of participants with account balances2020-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0140
Total number of active participants reported on line 7a of the Form 55002019-01-0130
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0110
Total of all active and inactive participants2019-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0140
Number of participants with account balances2019-01-0140
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016
2018: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0142
Total number of active participants reported on line 7a of the Form 55002018-01-0132
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-018
Total of all active and inactive participants2018-01-0140
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0140
Number of participants with account balances2018-01-0139
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-015
2017: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0154
Total number of active participants reported on line 7a of the Form 55002017-01-0142
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-0142
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0142
Number of participants with account balances2017-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$5,268,330
Total plan liabilities at beginning of year2023-12-31$5,485,404
Total income from all sources2023-12-31$89,328
Expenses. Total of all expenses incurred2023-12-31$288,546
Benefits paid (including direct rollovers)2023-12-31$27,989
Total plan assets at end of year2023-12-31$7,002,467
Total plan assets at beginning of year2023-12-31$7,418,759
Value of fidelity bond covering the plan2023-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2023-12-31$260,557
Other income received2023-12-31$-388,303
Net income (gross income less expenses)2023-12-31$-199,218
Net plan assets at end of year (total assets less liabilities)2023-12-31$1,734,137
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$1,933,355
Assets. Value of employer securities2023-12-31$7,002,325
Total contributions received or receivable from employer(s)2023-12-31$477,631
2022 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$5,485,404
Total plan liabilities at beginning of year2022-12-31$5,692,635
Total income from all sources2022-12-31$357,222
Expenses. Total of all expenses incurred2022-12-31$323,519
Benefits paid (including direct rollovers)2022-12-31$53,119
Total plan assets at end of year2022-12-31$7,418,759
Total plan assets at beginning of year2022-12-31$7,592,287
Value of fidelity bond covering the plan2022-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2022-12-31$270,400
Other income received2022-12-31$-120,409
Net income (gross income less expenses)2022-12-31$33,703
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,933,355
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,899,652
Assets. Value of employer securities2022-12-31$7,418,604
Total contributions received or receivable from employer(s)2022-12-31$477,631
2021 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$5,692,635
Total plan liabilities at beginning of year2021-12-31$5,890,470
Total income from all sources2021-12-31$1,622,880
Expenses. Total of all expenses incurred2021-12-31$279,797
Total plan assets at end of year2021-12-31$7,592,287
Total plan assets at beginning of year2021-12-31$6,447,039
Value of fidelity bond covering the plan2021-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2021-12-31$279,797
Other income received2021-12-31$1,145,249
Net income (gross income less expenses)2021-12-31$1,343,083
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,899,652
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$556,569
Assets. Value of employer securities2021-12-31$7,592,096
Total contributions received or receivable from employer(s)2021-12-31$477,631
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
2020 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$5,890,470
Total plan liabilities at beginning of year2020-12-31$2,398,934
Total income from all sources2020-12-31$263,175
Expenses. Total of all expenses incurred2020-12-31$297,263
Benefits paid (including direct rollovers)2020-12-31$16,134
Total plan assets at end of year2020-12-31$6,447,039
Total plan assets at beginning of year2020-12-31$2,989,591
Value of fidelity bond covering the plan2020-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2020-12-31$281,129
Other income received2020-12-31$-214,656
Net income (gross income less expenses)2020-12-31$-34,088
Net plan assets at end of year (total assets less liabilities)2020-12-31$556,569
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$590,657
Assets. Value of employer securities2020-12-31$6,446,848
Total contributions received or receivable from employer(s)2020-12-31$477,831
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$2,398,934
Total plan liabilities at beginning of year2019-12-31$2,488,239
Total income from all sources2019-12-31$584,617
Expenses. Total of all expenses incurred2019-12-31$105,597
Benefits paid (including direct rollovers)2019-12-31$6,048
Total plan assets at end of year2019-12-31$2,989,591
Total plan assets at beginning of year2019-12-31$2,599,876
Value of fidelity bond covering the plan2019-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2019-12-31$99,549
Other income received2019-12-31$393,463
Net income (gross income less expenses)2019-12-31$479,020
Net plan assets at end of year (total assets less liabilities)2019-12-31$590,657
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$111,637
Assets. Value of employer securities2019-12-31$2,989,590
Total contributions received or receivable from employer(s)2019-12-31$191,154
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$2,488,239
Total plan liabilities at beginning of year2018-12-31$2,573,904
Total income from all sources2018-12-31$-67,763
Expenses. Total of all expenses incurred2018-12-31$103,190
Total plan assets at end of year2018-12-31$2,599,876
Total plan assets at beginning of year2018-12-31$2,856,494
Value of fidelity bond covering the plan2018-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2018-12-31$103,190
Other income received2018-12-31$-256,618
Net income (gross income less expenses)2018-12-31$-170,953
Net plan assets at end of year (total assets less liabilities)2018-12-31$111,637
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$282,590
Assets. Value of employer securities2018-12-31$2,599,876
Total contributions received or receivable from employer(s)2018-12-31$188,855
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$2,573,904
Total income from all sources2017-12-31$307,339
Expenses. Total of all expenses incurred2017-12-31$24,749
Total plan assets at end of year2017-12-31$2,856,494
Total plan assets at beginning of year2017-12-31$0
Value of fidelity bond covering the plan2017-12-31$2,000,000
Expenses. Other expenses not covered elsewhere2017-12-31$24,749
Other income received2017-12-31$264,394
Net income (gross income less expenses)2017-12-31$282,590
Net plan assets at end of year (total assets less liabilities)2017-12-31$282,590
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$0
Assets. Value of employer securities2017-12-31$2,856,494
Total contributions received or receivable from employer(s)2017-12-31$42,945
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0

Form 5500 Responses for FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN

2023: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FIRST FEDERAL BANK OF WISCONSIN EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01First time form 5500 has been submittedYes
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes

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