BEACON CREDIT UNION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BEACON CREDIT UNION 401(K) PLAN AND TRUST
| Measure | Date | Value |
|---|
| 2023 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $33,155 |
| Total income from all sources (including contributions) | 2023-12-31 | $3,697,970 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $994,365 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $902,476 |
| Value of total corrective distributions | 2023-12-31 | $31,408 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,767,413 |
| Value of total assets at end of year | 2023-12-31 | $13,231,306 |
| Value of total assets at beginning of year | 2023-12-31 | $10,560,856 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $60,481 |
| Total interest from all sources | 2023-12-31 | $7,232 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $178,579 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $178,579 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,328,938 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $102,566 |
| Other income not declared elsewhere | 2023-12-31 | $33,175 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,703,605 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $13,231,306 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,527,701 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $28,099 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $1,856,665 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $10,217,260 |
| Interest earned on other investments | 2023-12-31 | $7,232 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $10,967,066 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-12-31 | $407,575 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-12-31 | $343,596 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $593,323 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $1,118,248 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $335,909 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $902,476 |
| Contract administrator fees | 2023-12-31 | $32,382 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2023-12-31 | $33,155 |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | FORVIS MAZARS |
| Accountancy firm EIN | 2023-12-31 | 440160260 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $33,155 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,697,970 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $994,365 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $902,476 |
| Value of total corrective distributions | 2023-01-01 | $31,408 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,767,413 |
| Value of total assets at end of year | 2023-01-01 | $13,231,306 |
| Value of total assets at beginning of year | 2023-01-01 | $10,560,856 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $60,481 |
| Total interest from all sources | 2023-01-01 | $7,232 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $178,579 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $178,579 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $8,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,328,938 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $102,566 |
| Other income not declared elsewhere | 2023-01-01 | $33,175 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,703,605 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $13,231,306 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,527,701 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $28,099 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $1,856,665 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $10,217,260 |
| Interest earned on other investments | 2023-01-01 | $7,232 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $10,967,066 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2023-01-01 | $407,575 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2023-01-01 | $343,596 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $593,323 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $1,118,248 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $335,909 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $902,476 |
| Contract administrator fees | 2023-01-01 | $32,382 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2023-01-01 | $33,155 |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | FORVIS MAZARS |
| Accountancy firm EIN | 2023-01-01 | 440160260 |
| 2022 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $33,155 |
| 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 | $-538,892 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,293,782 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,235,125 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,541,856 |
| Value of total assets at end of year | 2022-12-31 | $10,560,856 |
| Value of total assets at beginning of year | 2022-12-31 | $12,360,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $58,657 |
| Total interest from all sources | 2022-12-31 | $8,533 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $228,401 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $228,401 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,242,048 |
| Participant contributions at beginning of year | 2022-12-31 | $3,940 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $12,299 |
| Other income not declared elsewhere | 2022-12-31 | $6 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,832,674 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,527,701 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $12,360,375 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $26,467 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,217,260 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $12,050,083 |
| Interest on participant loans | 2022-12-31 | $14 |
| Interest earned on other investments | 2022-12-31 | $8,519 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $343,596 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $306,352 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,317,688 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $287,509 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,235,125 |
| Contract administrator fees | 2022-12-31 | $32,190 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2022-12-31 | $33,155 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | FORVIS LLP |
| Accountancy firm EIN | 2022-12-31 | 440160260 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $33,155 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-538,892 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,293,782 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,235,125 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,541,856 |
| Value of total assets at end of year | 2022-01-01 | $10,560,856 |
| Value of total assets at beginning of year | 2022-01-01 | $12,360,375 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $58,657 |
| Total interest from all sources | 2022-01-01 | $8,533 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $228,401 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $228,401 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,242,048 |
| Participant contributions at beginning of year | 2022-01-01 | $3,940 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $12,299 |
| Other income not declared elsewhere | 2022-01-01 | $6 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,832,674 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,527,701 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $12,360,375 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Investment advisory and management fees | 2022-01-01 | $26,467 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $10,217,260 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $12,050,083 |
| Interest on participant loans | 2022-01-01 | $14 |
| Interest earned on other investments | 2022-01-01 | $8,519 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $343,596 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $306,352 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,317,688 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $287,509 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,235,125 |
| Contract administrator fees | 2022-01-01 | $32,190 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Liabilities. Value of acquisition indebtedness at end of year | 2022-01-01 | $33,155 |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | FORVIS LLP |
| Accountancy firm EIN | 2022-01-01 | 440160260 |
| 2021 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,406,220 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $922,152 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $866,954 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,006,201 |
| Value of total assets at end of year | 2021-12-31 | $12,360,375 |
| Value of total assets at beginning of year | 2021-12-31 | $10,876,307 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $55,198 |
| Total interest from all sources | 2021-12-31 | $7,592 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $364,281 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $364,281 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $965,320 |
| Participant contributions at end of year | 2021-12-31 | $3,940 |
| Participant contributions at beginning of year | 2021-12-31 | $5,234 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $40,881 |
| Other income not declared elsewhere | 2021-12-31 | $481 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $29,821 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,484,068 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $12,360,375 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $10,876,307 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $12,192 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $12,050,083 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $9,830,235 |
| Interest on participant loans | 2021-12-31 | $93 |
| Interest earned on other investments | 2021-12-31 | $7,499 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $306,352 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $1,011,017 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,027,665 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $866,954 |
| Contract administrator fees | 2021-12-31 | $43,006 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | Yes |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | FORVIS, LLP |
| Accountancy firm EIN | 2021-12-31 | 440160260 |
| 2020 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,296,831 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $385,943 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $346,925 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,010,924 |
| Value of total assets at end of year | 2020-12-31 | $10,876,307 |
| Value of total assets at beginning of year | 2020-12-31 | $8,965,419 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $39,018 |
| Total interest from all sources | 2020-12-31 | $12,918 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $270,191 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $270,191 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $902,891 |
| Participant contributions at end of year | 2020-12-31 | $5,234 |
| Participant contributions at beginning of year | 2020-12-31 | $3,476 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $108,033 |
| Total non interest bearing cash at end of year | 2020-12-31 | $29,821 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,910,888 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $10,876,307 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $8,965,419 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $9,830,235 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $8,390,296 |
| Interest on participant loans | 2020-12-31 | $130 |
| Interest earned on other investments | 2020-12-31 | $12,788 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $1,011,017 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $571,647 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,002,798 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $346,925 |
| Contract administrator fees | 2020-12-31 | $39,018 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | BKD, LLP |
| Accountancy firm EIN | 2020-12-31 | 440160260 |
| 2019 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $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 | $2,331,978 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $437,101 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $402,363 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $822,372 |
| Value of total assets at end of year | 2019-12-31 | $8,965,419 |
| Value of total assets at beginning of year | 2019-12-31 | $7,070,542 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $34,738 |
| Total interest from all sources | 2019-12-31 | $14,007 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $229,482 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $229,482 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $772,404 |
| Participant contributions at end of year | 2019-12-31 | $3,476 |
| Participant contributions at beginning of year | 2019-12-31 | $11,154 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $49,968 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,894,877 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $8,965,419 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $7,070,542 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $8,390,296 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $6,260,033 |
| Interest on participant loans | 2019-12-31 | $318 |
| Interest earned on other investments | 2019-12-31 | $13,689 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2019-12-31 | $571,647 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2019-12-31 | $799,355 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $1,266,117 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $402,363 |
| Contract administrator fees | 2019-12-31 | $34,738 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | BKD, LLP |
| Accountancy firm EIN | 2019-12-31 | 440160260 |
| 2018 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $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 |
| Total income from all sources (including contributions) | 2018-12-31 | $331,150 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $260,857 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $228,515 |
| Value of total corrective distributions | 2018-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $701,865 |
| Value of total assets at end of year | 2018-12-31 | $7,070,542 |
| Value of total assets at beginning of year | 2018-12-31 | $7,000,249 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $32,342 |
| Total interest from all sources | 2018-12-31 | $11,080 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $236,219 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $236,219 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $701,865 |
| Participant contributions at end of year | 2018-12-31 | $11,154 |
| Participant contributions at beginning of year | 2018-12-31 | $8,424 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2018-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $70,293 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $7,070,542 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $7,000,249 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $6,260,033 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $6,464,221 |
| Interest on participant loans | 2018-12-31 | $415 |
| Interest earned on other investments | 2018-12-31 | $10,665 |
| Value of interest in common/collective trusts at end of year | 2018-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2018-12-31 | $799,355 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2018-12-31 | $527,604 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-618,014 |
| Net investment gain or loss from common/collective trusts | 2018-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $228,515 |
| Contract administrator fees | 2018-12-31 | $32,342 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | BKD, LLP |
| Accountancy firm EIN | 2018-12-31 | 440160260 |
| 2017 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $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 | $1,560,908 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $271,619 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $244,637 |
| Value of total corrective distributions | 2017-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $647,428 |
| Value of total assets at end of year | 2017-12-31 | $7,000,249 |
| Value of total assets at beginning of year | 2017-12-31 | $5,710,960 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $26,982 |
| Total interest from all sources | 2017-12-31 | $7,045 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $143,597 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $143,597 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $9,000,000 |
| If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Contributions received from participants | 2017-12-31 | $641,072 |
| Participant contributions at end of year | 2017-12-31 | $8,424 |
| Participant contributions at beginning of year | 2017-12-31 | $8,069 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2017-12-31 | $6,356 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $1,289,289 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $7,000,249 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $5,710,960 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $6,464,221 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $5,020,202 |
| Interest on participant loans | 2017-12-31 | $276 |
| Interest earned on other investments | 2017-12-31 | $6,769 |
| Value of interest in common/collective trusts at end of year | 2017-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $527,604 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $682,689 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $762,838 |
| Net investment gain or loss from common/collective trusts | 2017-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $244,637 |
| Contract administrator fees | 2017-12-31 | $26,982 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | BKD, LLP |
| Accountancy firm EIN | 2017-12-31 | 440160260 |
| 2016 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
| 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 | $1,196,635 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $193,003 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $170,667 |
| Value of total corrective distributions | 2016-12-31 | $51 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $791,238 |
| Value of total assets at end of year | 2016-12-31 | $5,710,960 |
| Value of total assets at beginning of year | 2016-12-31 | $4,707,328 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $22,285 |
| Total interest from all sources | 2016-12-31 | $353 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $109,595 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $109,595 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Contributions received from participants | 2016-12-31 | $604,732 |
| Participant contributions at end of year | 2016-12-31 | $8,069 |
| Participant contributions at beginning of year | 2016-12-31 | $22,901 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-12-31 | $186,506 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $1,003,632 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $5,710,960 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $4,707,328 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $5,020,202 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $4,165,499 |
| Interest on participant loans | 2016-12-31 | $353 |
| Value of interest in common/collective trusts at end of year | 2016-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $682,689 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $518,928 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $295,449 |
| Net investment gain or loss from common/collective trusts | 2016-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $170,667 |
| Contract administrator fees | 2016-12-31 | $22,285 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | BKD, LLP |
| Accountancy firm EIN | 2016-12-31 | 440160260 |
| 2015 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| 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 | $0 |
| Total income from all sources (including contributions) | 2015-12-31 | $487,021 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $327,530 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $307,526 |
| Value of total corrective distributions | 2015-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $546,083 |
| Value of total assets at end of year | 2015-12-31 | $4,707,328 |
| Value of total assets at beginning of year | 2015-12-31 | $4,547,837 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $20,004 |
| Total interest from all sources | 2015-12-31 | $8,839 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $179,269 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $179,269 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Contributions received from participants | 2015-12-31 | $503,380 |
| Participant contributions at end of year | 2015-12-31 | $22,901 |
| Participant contributions at beginning of year | 2015-12-31 | $16,681 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $42,703 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $159,491 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $4,707,328 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $4,547,837 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $4,165,499 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $4,004,676 |
| Interest on participant loans | 2015-12-31 | $715 |
| Interest earned on other investments | 2015-12-31 | $8,124 |
| Value of interest in common/collective trusts at end of year | 2015-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $518,928 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $526,480 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-247,170 |
| Net investment gain or loss from common/collective trusts | 2015-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $307,526 |
| Contract administrator fees | 2015-12-31 | $20,004 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | BKD, LLP |
| Accountancy firm EIN | 2015-12-31 | 440160260 |
| 2014 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
| Total income from all sources (including contributions) | 2014-12-31 | $664,809 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $160,104 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $144,186 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $435,730 |
| Value of total assets at end of year | 2014-12-31 | $4,547,837 |
| Value of total assets at beginning of year | 2014-12-31 | $4,043,132 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $15,918 |
| Total interest from all sources | 2014-12-31 | $9,221 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $138,531 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $138,531 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2014-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Contributions received from participants | 2014-12-31 | $415,200 |
| Participant contributions at end of year | 2014-12-31 | $16,681 |
| Participant contributions at beginning of year | 2014-12-31 | $15,766 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $20,530 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $504,705 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $4,547,837 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,043,132 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $4,004,676 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $3,484,616 |
| Interest on participant loans | 2014-12-31 | $628 |
| Interest earned on other investments | 2014-12-31 | $8,593 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $526,480 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $542,750 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $81,327 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $144,186 |
| Contract administrator fees | 2014-12-31 | $15,918 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2014-12-31 | Yes |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | BKD, LLP |
| Accountancy firm EIN | 2014-12-31 | 440160260 |
| 2013 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $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 | $0 |
| Total income from all sources (including contributions) | 2013-12-31 | $998,921 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $532,953 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $528,662 |
| Value of total corrective distributions | 2013-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $420,661 |
| Value of total assets at end of year | 2013-12-31 | $4,043,132 |
| Value of total assets at beginning of year | 2013-12-31 | $3,577,164 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $4,291 |
| Total interest from all sources | 2013-12-31 | $11,569 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $33,400 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $33,400 |
| Was this plan covered by a fidelity bond | 2013-12-31 | No |
| If this is an individual account plan, was there a blackout period | 2013-12-31 | Yes |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Contributions received from participants | 2013-12-31 | $365,538 |
| Participant contributions at end of year | 2013-12-31 | $15,766 |
| Participant contributions at beginning of year | 2013-12-31 | $14,804 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $55,123 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $465,968 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,043,132 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $3,577,164 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $3,484,616 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $3,023,161 |
| Interest on participant loans | 2013-12-31 | $515 |
| Interest earned on other investments | 2013-12-31 | $11,054 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $542,750 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2013-12-31 | $539,199 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $533,291 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $528,662 |
| Contract administrator fees | 2013-12-31 | $4,291 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2013-12-31 | Yes |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | BKD, LLP |
| Accountancy firm EIN | 2013-12-31 | 440160260 |
| 2012 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
| Total income from all sources (including contributions) | 2012-12-31 | $671,580 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $255,410 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $254,560 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $348,247 |
| Value of total assets at end of year | 2012-12-31 | $3,577,164 |
| Value of total assets at beginning of year | 2012-12-31 | $3,160,994 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $850 |
| Total interest from all sources | 2012-12-31 | $12,638 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $6,000,000 |
| If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Contributions received from participants | 2012-12-31 | $341,757 |
| Participant contributions at end of year | 2012-12-31 | $14,804 |
| Participant contributions at beginning of year | 2012-12-31 | $17,031 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $6,490 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $416,170 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $3,577,164 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $3,160,994 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $3,023,161 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $2,684,399 |
| Interest on participant loans | 2012-12-31 | $500 |
| Interest earned on other investments | 2012-12-31 | $12,138 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2012-12-31 | $539,199 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2012-12-31 | $459,564 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $310,695 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $254,560 |
| Contract administrator fees | 2012-12-31 | $850 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | BKD, LLP |
| Accountancy firm EIN | 2012-12-31 | 440160260 |
| 2011 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
| 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 | $685,617 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $178,394 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $176,469 |
| Value of total corrective distributions | 2011-12-31 | $750 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $648,216 |
| Value of total assets at end of year | 2011-12-31 | $3,160,994 |
| Value of total assets at beginning of year | 2011-12-31 | $2,653,771 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,175 |
| Total interest from all sources | 2011-12-31 | $11,848 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $343,246 |
| Participant contributions at end of year | 2011-12-31 | $17,031 |
| Participant contributions at beginning of year | 2011-12-31 | $3,233 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $304,970 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $507,223 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $3,160,994 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $2,653,771 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $2,684,399 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $2,333,442 |
| Interest on participant loans | 2011-12-31 | $266 |
| Interest earned on other investments | 2011-12-31 | $11,582 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2011-12-31 | $459,564 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2011-12-31 | $317,096 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $25,553 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Employer contributions (assets) at end of year | 2011-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $176,469 |
| Contract administrator fees | 2011-12-31 | $1,175 |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | DONOVAN P.C. |
| Accountancy firm EIN | 2011-12-31 | 351356555 |
| 2010 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $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 | $0 |
| Total income from all sources (including contributions) | 2010-12-31 | $615,097 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $52,902 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $51,840 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $383,042 |
| Value of total assets at end of year | 2010-12-31 | $2,653,771 |
| Value of total assets at beginning of year | 2010-12-31 | $2,091,576 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,062 |
| Total interest from all sources | 2010-12-31 | $11,720 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $4,000,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $257,832 |
| Participant contributions at end of year | 2010-12-31 | $3,233 |
| Participant contributions at beginning of year | 2010-12-31 | $15,379 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $125,210 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $562,195 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $2,653,771 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $2,091,576 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $2,333,442 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $1,647,889 |
| Interest on participant loans | 2010-12-31 | $250 |
| Interest earned on other investments | 2010-12-31 | $11,470 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2010-12-31 | $317,096 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2010-12-31 | $376,336 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $220,335 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Employer contributions (assets) at end of year | 2010-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $51,972 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $51,840 |
| Contract administrator fees | 2010-12-31 | $1,062 |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | DONOVAN P.C. |
| Accountancy firm EIN | 2010-12-31 | 351356555 |
| 2009 : BEACON CREDIT UNION 401(K) PLAN AND TRUST 2009 401k financial data |
|---|
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
