401k Plan data: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN plan

UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN
Plan identification number	001

UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 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.
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

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

Company Name: UTAH FIRST FEDERAL CREDIT UNION

Employer identification number (EIN): 870212719

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01 DAVID HILL 2022-06-07
001 2020-01-01 DAVID HILL 2021-07-20
001 2019-01-01 DAVID HILL 2020-06-30
001 2018-01-01 DAVID HILL 2019-06-07
001 2017-01-01 DAVID HILL 2018-07-19
001 2016-01-01 DAVID HILL 2017-07-18
001 2015-01-01 DAVID HILL 2016-06-15
001 2014-01-01 DAVID HILL 2015-07-14
001 2013-01-01 DAVID HILL 2015-07-22
001 2012-01-01 DAVID HILL 2013-06-20
001 2011-01-01 DAVID HILL 2012-07-26
001 2010-01-01 DARIN MOODY 2011-07-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01	DAVID HILL	2022-06-07
001	2020-01-01	DAVID HILL	2021-07-20
001	2019-01-01	DAVID HILL	2020-06-30
001	2018-01-01	DAVID HILL	2019-06-07
001	2017-01-01	DAVID HILL	2018-07-19
001	2016-01-01	DAVID HILL	2017-07-18
001	2015-01-01	DAVID HILL	2016-06-15
001	2014-01-01	DAVID HILL	2015-07-14
001	2013-01-01	DAVID HILL	2015-07-22
001	2012-01-01	DAVID HILL	2013-06-20
001	2011-01-01	DAVID HILL	2012-07-26
001	2010-01-01	DARIN MOODY	2011-07-27

Plan Statistics for UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure Date Value
2023: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 141
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 84
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 50
Total of all active and inactive participants 2023-01-01 134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 134
Number of participants with account balances 2023-01-01 127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 13
2022: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 82
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 55
Total of all active and inactive participants 2022-01-01 137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 137
Number of participants with account balances 2022-01-01 137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 7

Measure	Date	Value
2023: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	141
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	84
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	50
Total of all active and inactive participants	2023-01-01	134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	134
Number of participants with account balances	2023-01-01	127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	13
2022: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	82
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	55
Total of all active and inactive participants	2022-01-01	137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	137
Number of participants with account balances	2022-01-01	137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	7

Financial Data on UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2023 : UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total transfer of assets to this plan	2023-12-31	$0
Total transfer of assets from this plan	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	$0
Total income from all sources (including contributions)	2023-12-31	$2,944,153
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$824,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$820,114
Expenses. Certain deemed distributions of participant loans	2023-12-31	$1,799
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$918,748
Value of total assets at end of year	2023-12-31	$13,563,736
Value of total assets at beginning of year	2023-12-31	$11,444,428
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$2,932
Total interest from all sources	2023-12-31	$93,863
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$515,086
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	$515,086
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
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	$553,469
Participant contributions at end of year	2023-12-31	$77,565
Participant contributions at beginning of year	2023-12-31	$65,409
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$2,255
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	$2,119,308
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$13,563,736
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$11,444,428
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$11,038,803
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$8,461,478
Interest on participant loans	2023-12-31	$7,378
Value of interest in common/collective trusts at end of year	2023-12-31	$803,626
Value of interest in common/collective trusts at beginning of year	2023-12-31	$519,519
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2023-12-31	$1,643,742
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2023-12-31	$2,398,022
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2023-12-31	$2,398,022
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2023-12-31	$86,485
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$1,294,294
Net investment gain or loss from common/collective trusts	2023-12-31	$122,162
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	$363,024
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$820,114
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
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	DOEREN MAYHEW ASSURANCE
Accountancy firm EIN	2023-12-31	382492570
2022 : UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-1,155,297
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$813,350
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$809,026
Expenses. Certain deemed distributions of participant loans	2022-12-31	$1,704
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,103,499
Value of total assets at end of year	2022-12-31	$11,444,428
Value of total assets at beginning of year	2022-12-31	$13,413,075
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$2,620
Total interest from all sources	2022-12-31	$24,614
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$717,629
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	$717,629
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
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	$468,481
Participant contributions at end of year	2022-12-31	$65,409
Participant contributions at beginning of year	2022-12-31	$56,348
Administrative expenses (other) incurred	2022-12-31	$2,620
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	$-1,968,647
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$11,444,428
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$13,413,075
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$8,461,478
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$11,262,270
Interest on participant loans	2022-12-31	$5,728
Value of interest in common/collective trusts at end of year	2022-12-31	$519,519
Value of interest in common/collective trusts at beginning of year	2022-12-31	$688,401
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$2,398,022
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$1,406,056
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$1,406,056
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$18,886
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-2,900,986
Net investment gain or loss from common/collective trusts	2022-12-31	$-100,053
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	$635,018
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$809,026
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
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	DOEREN MAYHEW
Accountancy firm EIN	2022-12-31	382492570

Form 5500 Responses for UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN

2023: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: UTAH FIRST FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

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UTAH FIRST TITLE 401(K) [EIN = 134258843]

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Company Name:	UTAH FIRST FEDERAL CREDIT UNION
Employer identification number (EIN):	870212719
NAIC Classification:	522130
NAIC Description:	Credit Unions