Company: NECB
Filing Date: 2025-06-23
Form Type: 11-K
Source: 0001104659-25-061580
Chunk: 4

Company: NorthEast Community Bancorp, Inc./MD/
Filing Date: 2025-06-23
Form: 11-K
Chunk 4
---
----------------------------------------------|:----|:-----|-----------:|
| Dividend and interest income                  |     | $    |    843,809 |
|                                               |     |      |    843,809 |
| Contributions:                                |     |      |            |
| Participant contributions                     |     |      |  1,070,347 |
| Rollover contributions                        |     |      |    312,396 |
|                                               |     |      |  1,382,743 |
| Net appreciation in fair value of investments |     |      |  2,597,085 |
| Total additions                               |     |      |  4,823,637 |
| Deductions                                    |     |      |            |
| Benefits paid to participants                 |     |      |    726,093 |
| Administrative expenses                       |     |      |     11,389 |
| Total deductions                              |     |      |    737,482 |
| Net increase                                  |     |      |  4,086,155 |
| Net assets available for benefits:            |     |      |            |
| Beginning of year                             |     |      | 14,972,480 |
| End of year                                   |     | $    | 19,058,635 |

<div align='center'>The accompanying notes are an integral part of the financial statements.

-3-

NORTHEAST COMMUNITY BANK EMPLOYEES’

SAVINGS & PROFIT SHARING PLAN AND TRUST

NOTES TO FINANCIAL STATEMENTS</div>

A. Plan Description:

The following description of the NorthEast
Community Bank Employees’ Savings & Profit Sharing Plan and Trust (the “Plan”) provides only general information.
Participants should refer to the plan document for more detailed information.

The Plan is a defined contribution plan
sponsored by NorthEast Community Bank (the “Company”) covering substantially all employees who have attained 18 years of age.
The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

Participants may contribute up to 60%
of their gross compensation, as defined in the Plan, on a pre-tax basis or on an after-tax (“Roth”) basis, subject to Internal
Revenue Code (“IRC”) limitations. Participants who are at least age 50 may make an additional pretax "catch-up"
contribution subject to IRC limitations. The Plan provides for automatic enrollment in the amount of 3%