2023 Form 5500 filing — New England Federal Credit Union Defined Benefit 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 20240731153301NAL0022573457002) for New England Federal Credit Union Defined Benefit Plan And Trust, reported by New England Federal Credit Union under EIN 03-0213411 and plan number 001. It reports 104 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731153301NAL0022573457002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- New England Federal Credit Union
- EIN
- 03-0213411
- Plan number
- 001
- Location
- Williston, VT
- Participants
- 104
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- -$7,864,808
- Total income / additions
- -$5,924,670
- Benefits paid
- $20,417,675
- Administrative expenses
- $124,706
- Total expenses
- $20,542,381
- Net increase / (decrease)
- -$26,467,051
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rpw Solutions LLC | ACTUARY | $66,000 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $58,706 | $0 |
| Global Retirement Partners LLC | DVISOR BROKER DEALER | $0 | $27,118 |