401k Plan data: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST plan

HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 401k Plan overview

Plan Name	HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
Plan identification number	001

HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST Benefits

401k Plan Type

Defined 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.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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

HEALTH ASSOCIATES FEDERAL CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name: HEALTH ASSOCIATES FEDERAL CREDIT UNION

Employer identification number (EIN): 952572059

NAIC Classification: 522130
NAIC Description: Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 DONN GRIZZLE 2018-03-12
001 2016-01-01 DONN GRIZZLE 2017-09-06
001 2015-01-01 DONN GRIZZLE 2016-07-13
001 2014-01-01 DONN GRIZZLE 2015-06-24
001 2013-01-01 DONN GRIZZLE 2014-09-02
001 2012-01-01 DONN GRIZZLE 2013-08-02
001 2011-01-01 DONN M GRIZZLE 2012-07-03
001 2010-01-01 DONN M GRIZZLE 2011-07-08
001 2007-01-01 DONN M. GRIZZLE

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-01-01	DONN GRIZZLE	2018-03-12
001	2016-01-01	DONN GRIZZLE	2017-09-06
001	2015-01-01	DONN GRIZZLE	2016-07-13
001	2014-01-01	DONN GRIZZLE	2015-06-24
001	2013-01-01	DONN GRIZZLE	2014-09-02
001	2012-01-01	DONN GRIZZLE	2013-08-02
001	2011-01-01	DONN M GRIZZLE	2012-07-03
001	2010-01-01	DONN M GRIZZLE	2011-07-08
001	2007-01-01	DONN M. GRIZZLE

Plan Statistics for HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

401k plan membership statisitcs for HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Measure Date Value
2016: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2016 401k membership
Market value of plan assets 2016-12-31 330,307
Acturial value of plan assets 2016-12-31 330,307
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 133,713
Number of terminated vested participants 2016-12-31 9
Fundng target for terminated vested participants 2016-12-31 72,789
Active participant vested funding target 2016-12-31 68,247
Number of active participants 2016-12-31 5
Total funding liabilities for active participants 2016-12-31 68,247
Total participant count 2016-12-31 15
Total funding target for all participants 2016-12-31 274,749
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 88,445
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 94,123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 44,467
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 42,589
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 0
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 42,589
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
2007: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year 2007-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2007-01-01 7
Number of retired or separated participants receiving benefits 2007-01-01 0
Number of other retired or separated participants entitled to future benefits 2007-01-01 4
Total of all active and inactive participants 2007-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2007-01-01 0
Total participants 2007-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2007-01-01 2

Measure	Date	Value
2016: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2016 401k membership
Market value of plan assets	2016-12-31	330,307
Acturial value of plan assets	2016-12-31	330,307
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	133,713
Number of terminated vested participants	2016-12-31	9
Fundng target for terminated vested participants	2016-12-31	72,789
Active participant vested funding target	2016-12-31	68,247
Number of active participants	2016-12-31	5
Total funding liabilities for active participants	2016-12-31	68,247
Total participant count	2016-12-31	15
Total funding target for all participants	2016-12-31	274,749
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	88,445
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	94,123
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	44,467
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	42,589
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	0
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	42,589
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
2007: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2007 401k membership
Total participants, beginning-of-year	2007-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2007-01-01	7
Number of retired or separated participants receiving benefits	2007-01-01	0
Number of other retired or separated participants entitled to future benefits	2007-01-01	4
Total of all active and inactive participants	2007-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2007-01-01	0
Total participants	2007-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2007-01-01	2

Financial Data on HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

Measure	Date	Value
2007 : HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2007 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2007-12-31	$0

Form 5500 Responses for HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST

2007: HEALTH ASSOCIATES FEDERAL CREDIT UNION DEFINED BENEFIT PLAN AND TRUST 2007 form 5500 responses
2007-01-01	Type of plan entity	Single employer plan
2007-01-01	Submission has been amended	No
2007-01-01	This submission is the final filing	No
2007-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2007-01-01	Plan is a collectively bargained plan	No
2007-01-01	Plan funding arrangement – Insurance	Yes
2007-01-01	Plan benefit arrangement – Insurance	Yes

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Company Name:	HEALTH ASSOCIATES FEDERAL CREDIT UNION
Employer identification number (EIN):	952572059
NAIC Classification:	522130
NAIC Description:	Credit Unions