2023 Form 5500 filing — Trumark Financial Credit Union Retirement 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 20240729134434NAL0012560051001) for Trumark Financial Credit Union Retirement Savings Plan, reported by Trumark Financial Credit Union under EIN 23-1357086 and plan number 002. It reports 475 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729134434NAL0012560051001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Trumark Financial Credit Union
- EIN
- 23-1357086
- Plan number
- 002
- Location
- Fort Washington, PA
- Participants
- 475
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,616,421
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,616,421
- Employer contributions
- $1,405,491
- Participant contributions
- $2,174,246
- Total income / additions
- $8,950,830
- Benefits paid
- $2,904,621
- Administrative expenses
- $85,267
- Total expenses
- $2,989,888
- Net increase / (decrease)
- $5,960,942
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $85,267 | $0 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $0 | $35,000 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |