2023 Form 5500 filing — Floridacentral Credit Union Employee Savings 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 20240726161947NAL0010404947001) for Floridacentral Credit Union Employee Savings Plan, reported by Floridacentral Credit Union under EIN 59-0857430 and plan number 001. It reports 153 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$10.1MReported net assets$10,105,992
Participants153
Provider compensation$39.2K2 Schedule C row(s)$39,182
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240726161947NAL0010404947001
Plan sponsor
Floridacentral Credit Union
EIN
59-0857430
Plan number
001
Location
Tampa, FL
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$10.1M total assets
Net assets$10.1MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$3.2M
Benefits paid / distributions$3.2M
Contributions
Employer$252.9K
Participant$508.4K
Full reported line items
Total assets (EOY)
$10,105,992
Total liabilities (EOY)
$0
Net assets (EOY)
$10,105,992
Employer contributions
$252,942
Participant contributions
$508,359
Total income / additions
$2,719,499
Benefits paid
$3,167,053
Administrative expenses
$39,176
Total expenses
$3,206,229
Net increase / (decrease)
-$486,730

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$26,781$0
Merrill Lynch Pierce Fenner & SmithCONSULTANT$12,393$8

Related Form 5500 pages