2023 Form 5500 filing — Hvcu 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240603163829NAL0008944819001) for Hvcu 401(K) Plan, reported by Hudson Valley Credit Union under EIN 14-1471439 and plan number 002. It reports 1,384 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240603163829NAL0008944819001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hudson Valley Credit Union
- EIN
- 14-1471439
- Plan number
- 002
- Location
- Poughkeepsie, NY
- Participants
- 1,384
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $78,639,330
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $78,639,330
- Employer contributions
- $2,657,931
- Participant contributions
- $4,642,251
- Total income / additions
- $20,207,599
- Benefits paid
- $5,631,847
- Administrative expenses
- $34,889
- Total expenses
- $5,676,947
- Net increase / (decrease)
- $14,530,652
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nfp Retirment, Inc | INVESTMENT ADVISORY | $0 | $37,766 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $34,889 | $0 |