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AMERICAN FIRST CREDIT UNION 401(K) PLAN 401k Plan overview

Plan NameAMERICAN FIRST CREDIT UNION 401(K) PLAN
Plan identification number 001

AMERICAN FIRST CREDIT UNION 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

AMERICAN FIRST CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:AMERICAN FIRST CREDIT UNION
Employer identification number (EIN):330358683
NAIC Classification:522130
NAIC Description:Credit Unions

Additional information about AMERICAN FIRST CREDIT UNION

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C2365130

More information about AMERICAN FIRST CREDIT UNION

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01AREZU PHUNG
0012016-01-01AREZU NOORBAKSH PHUNG AREZU NOORBAKSH PHUNG2017-07-21
0012015-01-01AREZU NOORBAKSH AREZU NOORBAKSH2016-07-15
0012014-01-01AREZU NOORBAKSH PHUNG AREZU NOORBAKSH PHUNG2015-09-25
0012013-01-01DEE KRATZ
0012012-01-01DEE KRATZ
0012011-01-01AREZU NOORBAKSH
0012009-01-01DEE KRATZ

Plan Statistics for AMERICAN FIRST CREDIT UNION 401(K) PLAN

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

Measure Date Value
2022: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01186
Total number of active participants reported on line 7a of the Form 55002022-01-01134
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0157
Total of all active and inactive participants2022-01-01191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01191
Number of participants with account balances2022-01-01189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01179
Total number of active participants reported on line 7a of the Form 55002021-01-01129
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0156
Total of all active and inactive participants2021-01-01185
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01185
Number of participants with account balances2021-01-01179
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-014
2020: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01173
Total number of active participants reported on line 7a of the Form 55002020-01-01131
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0145
Total of all active and inactive participants2020-01-01176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01176
Number of participants with account balances2020-01-01173
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-014
2019: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01189
Total number of active participants reported on line 7a of the Form 55002019-01-01129
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0141
Total of all active and inactive participants2019-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01170
Number of participants with account balances2019-01-01168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-016
2018: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01183
Total number of active participants reported on line 7a of the Form 55002018-01-01146
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0151
Total of all active and inactive participants2018-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01197
Number of participants with account balances2018-01-01184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01187
Total number of active participants reported on line 7a of the Form 55002017-01-01129
Number of retired or separated participants receiving benefits2017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-0157
Total of all active and inactive participants2017-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01188
Number of participants with account balances2017-01-01187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-016
2016: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01163
Total number of active participants reported on line 7a of the Form 55002016-01-01123
Number of retired or separated participants receiving benefits2016-01-013
Number of other retired or separated participants entitled to future benefits2016-01-0155
Total of all active and inactive participants2016-01-01181
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01182
Number of participants with account balances2016-01-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0111
2015: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01155
Total number of active participants reported on line 7a of the Form 55002015-01-01117
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0143
Total of all active and inactive participants2015-01-01160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01160
Number of participants with account balances2015-01-01160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-016
2014: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01164
Total number of active participants reported on line 7a of the Form 55002014-01-01111
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0142
Total of all active and inactive participants2014-01-01153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-012
Total participants2014-01-01155
Number of participants with account balances2014-01-01156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-0131
2013: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01156
Total number of active participants reported on line 7a of the Form 55002013-01-01116
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0148
Total of all active and inactive participants2013-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01164
Number of participants with account balances2013-01-01163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-0110
2012: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01164
Total number of active participants reported on line 7a of the Form 55002012-01-01110
Number of other retired or separated participants entitled to future benefits2012-01-0146
Total of all active and inactive participants2012-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01156
Number of participants with account balances2012-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01172
Total number of active participants reported on line 7a of the Form 55002011-01-01118
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0146
Total of all active and inactive participants2011-01-01164
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01164
Number of participants with account balances2011-01-01162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0111
2009: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01225
Total number of active participants reported on line 7a of the Form 55002009-01-01146
Number of retired or separated participants receiving benefits2009-01-017
Number of other retired or separated participants entitled to future benefits2009-01-0140
Total of all active and inactive participants2009-01-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-011
Total participants2009-01-01194
Number of participants with account balances2009-01-01194
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0116

Financial Data on AMERICAN FIRST CREDIT UNION 401(K) PLAN

Measure Date Value
2022 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$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$0
Total income from all sources (including contributions)2022-12-31$-2,445,058
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$1,142,619
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,106,043
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,470,601
Value of total assets at end of year2022-12-31$19,669,701
Value of total assets at beginning of year2022-12-31$23,257,378
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$36,576
Total interest from all sources2022-12-31$10,081
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$315,036
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$315,036
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$873,989
Participant contributions at end of year2022-12-31$188,121
Participant contributions at beginning of year2022-12-31$206,779
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$150,902
Other income not declared elsewhere2022-12-31$27
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-3,587,677
Value of net assets at end of year (total assets less liabilities)2022-12-31$19,669,701
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$23,257,378
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$17,359,055
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$20,692,019
Interest on participant loans2022-12-31$10,081
Value of interest in common/collective trusts at end of year2022-12-31$2,122,525
Value of interest in common/collective trusts at beginning of year2022-12-31$2,358,580
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,025,901
Net investment gain or loss from common/collective trusts2022-12-31$-214,902
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$445,710
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,106,043
Contract administrator fees2022-12-31$36,576
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31TURNER, WARREN, HWANG & CONRAD
Accountancy firm EIN2022-12-31954083485
2021 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$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$4,476,330
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$1,282,554
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,237,459
Value of total corrective distributions2021-12-31$4,151
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,394,779
Value of total assets at end of year2021-12-31$23,257,378
Value of total assets at beginning of year2021-12-31$20,063,602
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$40,944
Total interest from all sources2021-12-31$13,281
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$281,071
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$281,071
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$931,243
Participant contributions at end of year2021-12-31$206,779
Participant contributions at beginning of year2021-12-31$262,215
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,830
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2021-12-31$329
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$3,193,776
Value of net assets at end of year (total assets less liabilities)2021-12-31$23,257,378
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$20,063,602
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$20,692,019
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$17,624,305
Interest on participant loans2021-12-31$13,281
Value of interest in common/collective trusts at end of year2021-12-31$2,358,580
Value of interest in common/collective trusts at beginning of year2021-12-31$2,177,082
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,669,506
Net investment gain or loss from common/collective trusts2021-12-31$117,693
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$461,706
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,237,130
Contract administrator fees2021-12-31$40,944
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31TURNER, WARREN, HWANG & CONRAD
Accountancy firm EIN2021-12-31954083485
2020 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$0
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$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$4,130,789
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$622,456
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$591,008
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,683,105
Value of total assets at end of year2020-12-31$20,063,602
Value of total assets at beginning of year2020-12-31$16,555,269
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$31,448
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$16,806
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$219,536
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$219,536
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$847,288
Participant contributions at end of year2020-12-31$262,215
Participant contributions at beginning of year2020-12-31$268,372
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$21,458
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$403,254
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$0
Administrative expenses (other) incurred2020-12-31$0
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$3,508,333
Value of net assets at end of year (total assets less liabilities)2020-12-31$20,063,602
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$16,555,269
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$17,624,305
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$14,521,007
Interest on participant loans2020-12-31$16,806
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$0
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$2,177,082
Value of interest in common/collective trusts at beginning of year2020-12-31$1,731,961
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,172,680
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$38,662
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$432,563
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$12,471
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$591,008
Contract administrator fees2020-12-31$31,448
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31TURNER, WARREN, HWANG & CONRAD AC
Accountancy firm EIN2020-12-31954083485
2019 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2019 401k financial data
Unrealized appreciation/depreciation of real estate assets2019-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$4,174,148
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$1,190,175
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1,159,465
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,193,248
Value of total assets at end of year2019-12-31$16,555,269
Value of total assets at beginning of year2019-12-31$13,571,296
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$30,710
Total income from rents2019-12-31$0
Total interest from all sources2019-12-31$12,533
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$250,437
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$250,437
Administrative expenses professional fees incurred2019-12-31$0
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Amount of non-exempt transactions with any party-in-interest2019-12-31$0
Contributions received from participants2019-12-31$716,817
Participant contributions at end of year2019-12-31$268,372
Participant contributions at beginning of year2019-12-31$232,491
Participant contributions at end of year2019-12-31$21,458
Participant contributions at beginning of year2019-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$86,780
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2019-12-31$0
Other income not declared elsewhere2019-12-31$367
Administrative expenses (other) incurred2019-12-31$0
Liabilities. Value of operating payables at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,983,973
Value of net assets at end of year (total assets less liabilities)2019-12-31$16,555,269
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$13,571,296
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2019-12-31$0
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2019-12-31$0
Investment advisory and management fees2019-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$14,521,007
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$11,741,251
Interest on participant loans2019-12-31$12,533
Income. Interest from loans (other than to participants)2019-12-31$0
Interest earned on other investments2019-12-31$0
Income. Interest from US Government securities2019-12-31$0
Income. Interest from corporate debt instruments2019-12-31$0
Value of interest in common/collective trusts at end of year2019-12-31$1,731,961
Value of interest in common/collective trusts at beginning of year2019-12-31$1,597,554
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,677,348
Net investment gain/loss from pooled separate accounts2019-12-31$0
Net investment gain or loss from common/collective trusts2019-12-31$40,215
Net gain/loss from 103.12 investment entities2019-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$389,651
Employer contributions (assets) at end of year2019-12-31$12,471
Employer contributions (assets) at beginning of year2019-12-31$0
Income. Dividends from preferred stock2019-12-31$0
Income. Dividends from common stock2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1,159,465
Contract administrator fees2019-12-31$30,710
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$0
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$0
Aggregate carrying amount (costs) on sale of assets2019-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2019-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31TURNER, WARREN, HWANG, & CONRAD AC
Accountancy firm EIN2019-12-31954083485
2018 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of real estate assets2018-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$0
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Expenses. Interest paid2018-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$0
Total income from all sources (including contributions)2018-12-31$513,679
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$1,016,307
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$998,409
Expenses. Certain deemed distributions of participant loans2018-12-31$0
Value of total corrective distributions2018-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,102,956
Value of total assets at end of year2018-12-31$13,571,296
Value of total assets at beginning of year2018-12-31$14,073,924
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$17,898
Total income from rents2018-12-31$0
Total interest from all sources2018-12-31$13,815
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$362,306
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$362,306
Administrative expenses professional fees incurred2018-12-31$0
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Amount of non-exempt transactions with any party-in-interest2018-12-31$0
Contributions received from participants2018-12-31$631,980
Participant contributions at end of year2018-12-31$232,491
Participant contributions at beginning of year2018-12-31$246,165
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$111,459
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$0
Other income not declared elsewhere2018-12-31$-54,757
Administrative expenses (other) incurred2018-12-31$0
Liabilities. Value of operating payables at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$17,793
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Income. Non cash contributions2018-12-31$0
Value of net income/loss2018-12-31$-502,628
Value of net assets at end of year (total assets less liabilities)2018-12-31$13,571,296
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$14,073,924
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$0
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2018-12-31$0
Investment advisory and management fees2018-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$11,741,251
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$12,255,988
Interest on participant loans2018-12-31$13,815
Income. Interest from loans (other than to participants)2018-12-31$0
Interest earned on other investments2018-12-31$0
Income. Interest from US Government securities2018-12-31$0
Income. Interest from corporate debt instruments2018-12-31$0
Value of interest in common/collective trusts at end of year2018-12-31$1,597,554
Value of interest in common/collective trusts at beginning of year2018-12-31$1,553,978
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-913,482
Net investment gain/loss from pooled separate accounts2018-12-31$0
Net investment gain or loss from common/collective trusts2018-12-31$2,841
Net gain/loss from 103.12 investment entities2018-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$359,517
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$0
Income. Dividends from preferred stock2018-12-31$0
Income. Dividends from common stock2018-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$998,409
Contract administrator fees2018-12-31$17,898
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31Yes
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$0
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$0
Aggregate carrying amount (costs) on sale of assets2018-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2018-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31TURNER,WARREN,HWANG & CONRAD AC
Accountancy firm EIN2018-12-31954083485
2017 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,888,408
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$760,001
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$725,985
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$918,060
Value of total assets at end of year2017-12-31$14,073,924
Value of total assets at beginning of year2017-12-31$11,945,517
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$34,016
Total interest from all sources2017-12-31$11,212
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$726,263
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$726,263
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$1,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$518,225
Participant contributions at end of year2017-12-31$246,165
Participant contributions at beginning of year2017-12-31$247,535
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$61,782
Total non interest bearing cash at end of year2017-12-31$17,793
Total non interest bearing cash at beginning of year2017-12-31$71,069
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$2,128,407
Value of net assets at end of year (total assets less liabilities)2017-12-31$14,073,924
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$11,945,517
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$12,255,988
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$10,026,475
Interest on participant loans2017-12-31$11,212
Value of interest in common/collective trusts at end of year2017-12-31$1,553,978
Value of interest in common/collective trusts at beginning of year2017-12-31$1,600,438
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,198,562
Net investment gain or loss from common/collective trusts2017-12-31$34,311
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$338,053
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$725,985
Contract administrator fees2017-12-31$34,016
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2017-12-31954083485
2016 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2016 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,655,633
Total of all expenses incurred2016-12-31$1,317,096
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,299,595
Value of total corrective distributions2016-12-31$917
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$776,292
Value of total assets at end of year2016-12-31$11,945,517
Value of total assets at beginning of year2016-12-31$11,606,980
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$16,584
Total interest from all sources2016-12-31$11,416
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$462,401
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$462,401
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$1,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$404,630
Participant contributions at end of year2016-12-31$247,535
Participant contributions at beginning of year2016-12-31$273,829
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$125,233
Total non interest bearing cash at end of year2016-12-31$71,069
Total non interest bearing cash at beginning of year2016-12-31$52,576
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$338,537
Value of net assets at end of year (total assets less liabilities)2016-12-31$11,945,517
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$11,606,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$10,026,475
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$9,828,137
Interest on participant loans2016-12-31$11,416
Value of interest in common/collective trusts at end of year2016-12-31$1,600,438
Value of interest in common/collective trusts at beginning of year2016-12-31$1,450,006
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$377,129
Net investment gain or loss from common/collective trusts2016-12-31$28,395
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$246,429
Employer contributions (assets) at end of year2016-12-31$0
Employer contributions (assets) at beginning of year2016-12-31$2,432
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,299,595
Contract administrator fees2016-12-31$16,584
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2016-12-31954083485
2015 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$22
Total income from all sources (including contributions)2015-12-31$605,230
Total of all expenses incurred2015-12-31$657,833
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$638,611
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$579,950
Value of total assets at end of year2015-12-31$11,606,980
Value of total assets at beginning of year2015-12-31$11,659,605
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$19,222
Total interest from all sources2015-12-31$10,269
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$591,750
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$591,750
Administrative expenses professional fees incurred2015-12-31$19,222
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$346,882
Participant contributions at end of year2015-12-31$273,829
Participant contributions at beginning of year2015-12-31$252,233
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$11,879
Total non interest bearing cash at end of year2015-12-31$52,576
Total non interest bearing cash at beginning of year2015-12-31$30,880
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-52,603
Value of net assets at end of year (total assets less liabilities)2015-12-31$11,606,980
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$11,659,583
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$9,828,137
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$9,861,869
Interest on participant loans2015-12-31$10,269
Value of interest in common/collective trusts at end of year2015-12-31$1,450,006
Value of interest in common/collective trusts at beginning of year2015-12-31$1,512,525
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-600,904
Net investment gain or loss from common/collective trusts2015-12-31$24,165
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$221,189
Employer contributions (assets) at end of year2015-12-31$2,432
Employer contributions (assets) at beginning of year2015-12-31$2,098
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$638,611
Liabilities. Value of benefit claims payable at end of year2015-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2015-12-31$22
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2015-12-31954083485
2014 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$22
Total income from all sources (including contributions)2014-12-31$1,316,011
Total of all expenses incurred2014-12-31$992,995
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$988,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$499,831
Value of total assets at end of year2014-12-31$11,659,605
Value of total assets at beginning of year2014-12-31$11,336,567
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$4,220
Total income from rents2014-12-31$0
Total interest from all sources2014-12-31$13,325
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$552,040
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$552,040
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$7,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$313,130
Participant contributions at end of year2014-12-31$252,233
Participant contributions at beginning of year2014-12-31$330,520
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$1,546
Other income not declared elsewhere2014-12-31$12,518
Total non interest bearing cash at end of year2014-12-31$30,880
Total non interest bearing cash at beginning of year2014-12-31$18,362
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Income. Non cash contributions2014-12-31$0
Value of net income/loss2014-12-31$323,016
Value of net assets at end of year (total assets less liabilities)2014-12-31$11,659,583
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$11,336,567
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$9,861,869
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$9,404,194
Interest on participant loans2014-12-31$13,325
Value of interest in common/collective trusts at end of year2014-12-31$1,512,525
Value of interest in common/collective trusts at beginning of year2014-12-31$1,583,491
Expenses. Payments to insurance carriers foe the provision of benefits2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$215,072
Net investment gain or loss from common/collective trusts2014-12-31$23,225
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$185,155
Employer contributions (assets) at end of year2014-12-31$2,098
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$988,775
Contract administrator fees2014-12-31$4,220
Liabilities. Value of benefit claims payable at end of year2014-12-31$22
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2014-12-31954083485
2013 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$596
Total income from all sources (including contributions)2013-12-31$2,534,527
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$2,488,639
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$2,468,963
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$408,551
Value of total assets at end of year2013-12-31$11,336,567
Value of total assets at beginning of year2013-12-31$11,291,275
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$19,676
Total interest from all sources2013-12-31$17,330
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$456,351
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$456,351
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$248,874
Participant contributions at end of year2013-12-31$330,520
Participant contributions at beginning of year2013-12-31$397,936
Participant contributions at beginning of year2013-12-31$100
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$596
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at end of year2013-12-31$18,362
Total non interest bearing cash at beginning of year2013-12-31$23,604
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$45,888
Value of net assets at end of year (total assets less liabilities)2013-12-31$11,336,567
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$11,290,679
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$9,404,227
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$8,993,356
Interest on participant loans2013-12-31$17,330
Value of interest in common/collective trusts at end of year2013-12-31$1,583,458
Value of interest in common/collective trusts at beginning of year2013-12-31$1,876,279
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$1,626,565
Net investment gain or loss from common/collective trusts2013-12-31$25,730
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$159,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$2,468,963
Contract administrator fees2013-12-31$19,676
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2013-12-31954083485
2012 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$596
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$2,167
Total income from all sources (including contributions)2012-12-31$1,561,453
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$769,295
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$753,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$389,051
Value of total assets at end of year2012-12-31$11,291,275
Value of total assets at beginning of year2012-12-31$10,500,688
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$15,851
Total interest from all sources2012-12-31$17,820
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$179,847
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$179,847
Administrative expenses professional fees incurred2012-12-31$6,994
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$234,171
Participant contributions at end of year2012-12-31$397,936
Participant contributions at beginning of year2012-12-31$450,489
Participant contributions at end of year2012-12-31$100
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$1
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$596
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$2,061
Administrative expenses (other) incurred2012-12-31$3
Liabilities. Value of operating payables at end of year2012-12-31$0
Total non interest bearing cash at end of year2012-12-31$23,604
Total non interest bearing cash at beginning of year2012-12-31$7,818
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$792,158
Value of net assets at end of year (total assets less liabilities)2012-12-31$11,290,679
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$10,498,521
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$253
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$8,993,356
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$8,171,881
Interest on participant loans2012-12-31$17,820
Value of interest in common/collective trusts at end of year2012-12-31$1,876,279
Value of interest in common/collective trusts at beginning of year2012-12-31$968,221
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$902,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$902,278
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$952,964
Net investment gain or loss from common/collective trusts2012-12-31$21,771
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$154,880
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$753,444
Contract administrator fees2012-12-31$8,601
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$106
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2012-12-31954083485
2011 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$2,167
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$551,070
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$1,343,755
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$1,332,057
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$401,991
Value of total assets at end of year2011-12-31$10,500,688
Value of total assets at beginning of year2011-12-31$11,291,206
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$11,698
Total interest from all sources2011-12-31$22,730
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$276,066
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$276,066
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$228,747
Participant contributions at end of year2011-12-31$450,489
Participant contributions at beginning of year2011-12-31$479,942
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$1
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$2,061
Total non interest bearing cash at end of year2011-12-31$7,818
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$-792,685
Value of net assets at end of year (total assets less liabilities)2011-12-31$10,498,521
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$11,291,206
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$5,693
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$8,171,881
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$8,908,933
Interest on participant loans2011-12-31$22,339
Value of interest in common/collective trusts at end of year2011-12-31$968,221
Value of interest in common/collective trusts at beginning of year2011-12-31$972,943
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$902,278
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$929,350
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$929,350
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$391
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-171,275
Net investment gain or loss from common/collective trusts2011-12-31$21,558
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$173,244
Employer contributions (assets) at beginning of year2011-12-31$38
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$1,332,057
Contract administrator fees2011-12-31$6,005
Liabilities. Value of benefit claims payable at end of year2011-12-31$106
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2011-12-31954083485
2010 : AMERICAN FIRST CREDIT UNION 401(K) PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$46
Total income from all sources (including contributions)2010-12-31$1,545,394
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$2,197,670
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$2,190,596
Value of total corrective distributions2010-12-31$1,962
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$487,828
Value of total assets at end of year2010-12-31$11,291,206
Value of total assets at beginning of year2010-12-31$11,943,528
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$5,112
Total interest from all sources2010-12-31$28,545
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$218,440
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$218,440
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$293,170
Participant contributions at end of year2010-12-31$479,942
Participant contributions at beginning of year2010-12-31$529,808
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$225
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$46
Administrative expenses (other) incurred2010-12-31$21
Total non interest bearing cash at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-652,276
Value of net assets at end of year (total assets less liabilities)2010-12-31$11,291,206
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$11,943,482
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$8,908,933
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$9,026,863
Interest on participant loans2010-12-31$27,754
Value of interest in common/collective trusts at end of year2010-12-31$972,943
Value of interest in common/collective trusts at beginning of year2010-12-31$885,231
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$929,350
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$1,491,391
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$1,491,391
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$791
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$777,250
Net investment gain or loss from common/collective trusts2010-12-31$33,331
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$194,433
Employer contributions (assets) at end of year2010-12-31$38
Employer contributions (assets) at beginning of year2010-12-31$10,235
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$2,190,596
Contract administrator fees2010-12-31$5,091
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31TURNER, WARREN, HWANG, CONRAD
Accountancy firm EIN2010-12-31954083485

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

2022: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
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: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
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: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
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: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
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: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
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
2016: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: AMERICAN FIRST 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 filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: AMERICAN FIRST 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: AMERICAN FIRST 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: AMERICAN FIRST 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: AMERICAN FIRST 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 is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: AMERICAN FIRST CREDIT UNION 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
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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