401k Plan data: VERIDIAN CREDIT UNION 401K PLAN AND TRUST plan

VERIDIAN CREDIT UNION 401K PLAN AND TRUST 401k Plan overview

Plan Name	VERIDIAN CREDIT UNION 401K PLAN AND TRUST
Plan identification number	001

VERIDIAN CREDIT UNION 401K PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Participant-directed brokerage accounts provided as an investment option under the plan.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
Life insurance

401k Sponsoring company profile

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

Company Name: VERIDIAN CREDIT UNION

Employer identification number (EIN): 421132695

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERIDIAN CREDIT UNION 401K PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2010-01-01 RENEE R CHRISTOFFER MONTE T BERG 2011-10-07

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2010-01-01	RENEE R CHRISTOFFER		MONTE T BERG	2011-10-07

Plan Statistics for VERIDIAN CREDIT UNION 401K PLAN AND TRUST

401k plan membership statisitcs for VERIDIAN CREDIT UNION 401K PLAN AND TRUST

Measure Date Value
2010: VERIDIAN CREDIT UNION 401K PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year 2010-01-01 500
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 501
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 61
Total of all active and inactive participants 2010-01-01 562
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 562
Number of participants with account balances 2010-01-01 515
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 35

Measure	Date	Value
2010: VERIDIAN CREDIT UNION 401K PLAN AND TRUST 2010 401k membership
Total participants, beginning-of-year	2010-01-01	500
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	501
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	61
Total of all active and inactive participants	2010-01-01	562
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	562
Number of participants with account balances	2010-01-01	515
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	35

Financial Data on VERIDIAN CREDIT UNION 401K PLAN AND TRUST

Measure	Date	Value
2010 : VERIDIAN CREDIT UNION 401K PLAN AND TRUST 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$2,931
Total unrealized appreciation/depreciation of assets	2010-12-31	$2,931
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$26,550
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$483,144
Total income from all sources (including contributions)	2010-12-31	$8,060,288
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$2,805,158
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$2,711,499
Value of total corrective distributions	2010-12-31	$13,775
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$4,100,131
Value of total assets at end of year	2010-12-31	$38,025,148
Value of total assets at beginning of year	2010-12-31	$33,226,612
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$79,884
Total interest from all sources	2010-12-31	$60,689
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$318,915
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$318,915
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$5,000,000
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	$1,432,518
Participant contributions at end of year	2010-12-31	$1,089,234
Participant contributions at beginning of year	2010-12-31	$852,841
Assets. Other investments not covered elsewhere at end of year	2010-12-31	$567,291
Assets. Other investments not covered elsewhere at beginning of year	2010-12-31	$505,389
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$30,070
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$23,462
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$23,343
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$26,550
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$483,144
Other income not declared elsewhere	2010-12-31	$28,426
Administrative expenses (other) incurred	2010-12-31	$15,398
Total non interest bearing cash at end of year	2010-12-31	$206
Total non interest bearing cash at beginning of year	2010-12-31	$350
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	$5,255,130
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$37,998,598
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$32,743,468
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	$29,413,680
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$24,752,616
Interest on participant loans	2010-12-31	$60,689
Value of interest in common/collective trusts at end of year	2010-12-31	$6,930,058
Value of interest in common/collective trusts at beginning of year	2010-12-31	$6,629,511
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$3,367,904
Net investment gain or loss from common/collective trusts	2010-12-31	$181,292
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
Contributions received in cash from employer	2010-12-31	$2,637,543
Employer contributions (assets) at end of year	2010-12-31	$1,217
Employer contributions (assets) at beginning of year	2010-12-31	$462,562
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$2,711,499
Contract administrator fees	2010-12-31	$64,486
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	MCGLADREY & PULLEN, LLP
Accountancy firm EIN	2010-12-31	420714325

Form 5500 Responses for VERIDIAN CREDIT UNION 401K PLAN AND TRUST

2010: VERIDIAN CREDIT UNION 401K PLAN AND TRUST 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VERIDIAN CREDIT UNION
Employer identification number (EIN):	421132695
NAIC Classification:	522130
NAIC Description:	Credit Unions