2023 Form 5500 filing — Christian Financial Credit Union Employees 401(K) & Profit Sharing 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 20240723134812NAL0007340019001) for Christian Financial Credit Union Employees 401(K) & Profit Sharing Plan, reported by Christian Financial Credit Union under EIN 38-1418180 and plan number 001. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723134812NAL0007340019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Christian Financial Credit Union
- EIN
- 38-1418180
- Plan number
- 001
- Location
- Sterling Heights, MI
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,252,584
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,252,584
- Employer contributions
- $725,823
- Participant contributions
- $970,768
- Total income / additions
- $4,880,812
- Benefits paid
- $1,131,756
- Administrative expenses
- $35,358
- Total expenses
- $1,167,114
- Net increase / (decrease)
- $3,713,698
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ascensus LLC | NONE | $35,358 | $0 |