Company: NECB
Filing Date: 2025-06-23
Form Type: 11-K
Source: 0001104659-25-061580
Chunk: 10

Company: NorthEast Community Bancorp, Inc./MD/
Filing Date: 2025-06-23
Form: 11-K
Chunk 10
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 participants.

Certain administrative costs and legal
and accounts fees are paid by the Plan Sponsor. In 2024, these fees totaled $35,425.

| F. | Plan Termination: |

Although the Plan was established with
the intention that it will continue indefinitely, the Company retains the right to discontinue its contributions at any time or to terminate
the Plan, subject to the provisions of ERISA.

G. :

Participant contributions from the last
pay date of the 2024 plan year were contributed to the Plan on January 2, 2025. This contribution, $26,821 has been recorded as a
contribution receivable as of December 31, 2024. There were $23,715 contribution receivable as of December 31, 2023.

| H. | Risks and uncertainties: |

The Plan invests in various investment
securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Market risks include
global events which could impact the value of investment securities. Due to the level of risk associated with certain investment securities,
it is at least reasonably possible that changes in the value of investment securities will occur in the near term and that such changes
could materially affect participants' account balances and the amounts reported in the statements of net assets available for benefits.

As of December 31, 2024, the Plan
had investments of $3,700,568 and $2,926,476 that were concentrated in Northeast Community Bancorp, Inc. stock and Fidelity 500 Index
mutual fund, respectively.

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NORTHEAST COMMUNITY BANK EMPLOYEES’

SAVINGS & PROFIT SHARING PLAN AND TRUST

NOTES TO FINANCIAL STATEMENTS</div>

| I. | SUBSEQUENT EVENTS: |

The Plan has evaluated all events or
transactions through the date of this filing. During this period, there were no material subsequent events which affected the Plan’s
financial statements.

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NORTHEAST COMMUNITY BANK EMPLOYEES’

SAVINGS & PROFIT SHARING PLAN AND TRUST

EIN: 13-0736530

pLAN NUMBER: 002

sCHEDULE h, lINE 4(i)– SCHEDULE OF ASSETS (HELD AT END OF YEAR)

dECEMBER 31, 2024</div>

| (a) |     | (