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LOYALTY CREDIT UNION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameLOYALTY CREDIT UNION 401(K) PROFIT SHARING PLAN
Plan identification number 001

LOYALTY CREDIT UNION 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

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

Company Name:LOYALTY CREDIT UNION
Employer identification number (EIN):591009534
NAIC Classification:522130
NAIC Description:Credit Unions

Additional information about LOYALTY CREDIT UNION

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2017-07-03
Company Identification Number: Q17000000060
Legal Registered Office Address: 1200 EAST NINE MILE ROAD

PENSACOLA

32514

More information about LOYALTY CREDIT UNION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LOYALTY CREDIT UNION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ELIZABETH OAKES2024-09-23
0012022-01-01MAGEN M PROSSER2023-10-03
0012021-01-01ELIZABETH OAKES2022-07-27 ELIZABETH OAKES2022-07-27
0012020-01-01CAROLYN G DWELLE2021-10-14 CAROLYN G DWELLE2021-10-14
0012019-01-01CAROLYN G DWELLE2020-08-18 CAROLYN G DWELLE2020-08-18
0012018-01-01CAROLYN G DWELLE2019-05-24 CAROLYN G DWELLE2019-05-24
0012017-01-01CAROLYN DWELLE2018-07-18 CAROLYN DWELLE2018-07-18
0012016-01-01CAROLYN DWELLE2017-07-10 CAROLYN DWELLE2017-07-10
0012016-01-01CAROLYN DWELLE2017-06-28 CAROLYN DWELLE2017-06-28
0012015-01-01CAROLYN G DWELLE2016-07-27 CAROLYN G DWELLE2016-07-27
0012014-01-01CAROLYN DWELLE2015-06-19 CAROLYN DWELLE2015-06-19
0012013-01-01CAROLYN DWELLE2014-04-01 CAROLYN DWELLE2014-04-01
0012012-01-01CAROLYN DWELLE2013-02-11 CAROLYN DWELLE2013-02-11
0012011-01-01CAROLYN DWELLE2012-01-31 CAROLYN DWELLE2012-01-31
0012010-01-01CAROLYN DWELLE2011-02-07 CAROLYN DWELLE2011-05-27

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