Logo

HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 401k Plan overview

Plan NameHOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN
Plan identification number 003

HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • 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

HOUSTON METROPOLITAN FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:HOUSTON METROPOLITAN FEDERAL CREDIT UNION
Employer identification number (EIN):741089944
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01
0032016-01-01
0032015-01-01JANET ASKEW2016-07-19
0032014-01-01JANET ASKEW2015-10-09
0032013-01-01BARBARA STEPHENS2014-10-14
0032012-01-01BARBARA STEPHENS2013-09-05
0032011-01-01BARBARA STEPHENS2012-06-21
0032010-01-01BARBARA STEPHENS2011-05-17 BARBARA STEPHENS2011-05-17

Plan Statistics for HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN

401k plan membership statisitcs for HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN

Measure Date Value
2020: HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-313,945,888
Acturial value of plan assets2020-12-313,945,888
Funding target for retired participants and beneficiaries receiving payment2020-12-31334,390
Number of terminated vested participants2020-12-315
Fundng target for terminated vested participants2020-12-3123,824
Active participant vested funding target2020-12-311,167,558
Number of active participants2020-12-3123
Total funding liabilities for active participants2020-12-311,192,866
Total participant count2020-12-3129
Total funding target for all participants2020-12-311,551,080
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-311,913,235
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-311,913,235
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-312,240,781
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31101,285
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-313,398,293
Acturial value of plan assets2019-12-313,398,293
Funding target for retired participants and beneficiaries receiving payment2019-12-31337,737
Number of terminated vested participants2019-12-313
Fundng target for terminated vested participants2019-12-3111,125
Active participant vested funding target2019-12-31939,403
Number of active participants2019-12-3126
Total funding liabilities for active participants2019-12-311,017,022
Total participant count2019-12-3130
Total funding target for all participants2019-12-311,365,884
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-312,313,256
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-312,313,256
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-31238,324
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-311,913,235
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31119,174
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-313,685,940
Acturial value of plan assets2018-12-313,685,940
Funding target for retired participants and beneficiaries receiving payment2018-12-31340,640
Number of terminated vested participants2018-12-312
Fundng target for terminated vested participants2018-12-315,599
Active participant vested funding target2018-12-31761,127
Number of active participants2018-12-3125
Total funding liabilities for active participants2018-12-31840,251
Total participant count2018-12-3128
Total funding target for all participants2018-12-311,186,490
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-312,076,345
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-312,076,345
Present value of excess contributions2018-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-312,313,256
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31112,242
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-313,337,813
Acturial value of plan assets2017-12-313,337,813
Funding target for retired participants and beneficiaries receiving payment2017-12-31331,089
Number of terminated vested participants2017-12-312
Fundng target for terminated vested participants2017-12-314,666
Active participant vested funding target2017-12-31569,925
Number of active participants2017-12-3124
Total funding liabilities for active participants2017-12-31618,583
Total participant count2017-12-3127
Total funding target for all participants2017-12-31954,338
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-311,934,363
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-311,934,363
Present value of excess contributions2017-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-312,076,345
Total employer contributions2017-12-310
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31106,929
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: HOUSTON MUNICIPAL EMPLOYEES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-313,139,545
Acturial value of plan assets2016-12-313,139,545
Funding target for retired participants and beneficiaries receiving payment2016-12-31662,591
Number of terminated vested participants2016-12-311
Fundng target for terminated vested participants2016-12-312,295
Active participant vested funding target2016-12-31447,169
Number of active participants2016-12-3120
Total funding liabilities for active participants2016-12-31462,424
Total participant count2016-12-3122
Total funding target for all participants2016-12-311,127,310
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-312,648,751
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-312,648,751
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-31684,722
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-311,934,363
Total employer contributions2016-12-310
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-310
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-3177,872
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1