2023 Form 5500 filing — Mid-Hudson Valley Federal Credit Union 401(K) 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 20240808150321NAL0005065569001) for Mid-Hudson Valley Federal Credit Union 401(K) Plan, reported by Mid-Hudson Valley Federal Credit Union under EIN 14-1471539 and plan number 003. It reports 337 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240808150321NAL0005065569001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mid-Hudson Valley Federal Credit Union
- EIN
- 14-1471539
- Plan number
- 003
- Location
- Kingston, NY
- Participants
- 337
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,286,386
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,286,386
- Employer contributions
- $1,014,023
- Participant contributions
- $1,317,576
- Total income / additions
- $6,265,043
- Benefits paid
- $2,113,381
- Administrative expenses
- $76,705
- Total expenses
- $2,190,086
- Net increase / (decrease)
- $4,074,957
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | NONE | $29,047 | $0 |
| One Digital Investment Advisors | NONE | $15,900 | not reported in the loaded dataset |