2023 Form 5500 filing — Ascentra Credit Union 401(K) Retirement Plan And Trust
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 20240718093607NAL0005565377001) for Ascentra Credit Union 401(K) Retirement Plan And Trust, reported by Ascentra Credit Union under EIN 42-0747751 and plan number 002. It reports 192 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718093607NAL0005565377001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ascentra Credit Union
- EIN
- 42-0747751
- Plan number
- 002
- Location
- Bettendorf, IA
- Participants
- 192
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,970,616
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,970,616
- Employer contributions
- $473,952
- Participant contributions
- $650,464
- Total income / additions
- $3,361,499
- Benefits paid
- $1,097,370
- Administrative expenses
- $55,342
- Total expenses
- $1,153,052
- Net increase / (decrease)
- $2,208,447
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tbs Agency, Inc. | BROKER/DEALER | $0 | $33,483 |
| Associated Pension Services, Inc. | THIRD PARTY ADMINISTRATOR | $8,425 | $6,938 |
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $3,310 | not reported in the loaded dataset |