2023 Form 5500 filing — Financial Partners Credit Union Employees' 401(K) 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 20240904174138NAL0036989072001) for Financial Partners Credit Union Employees' 401(K) Savings Plan, reported by Financial Partners Credit Union under EIN 95-1653038 and plan number 002. It reports 425 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240904174138NAL0036989072001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Financial Partners Credit Union
- EIN
- 95-1653038
- Plan number
- 002
- Location
- Downey, CA
- Participants
- 425
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,474,197
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,474,197
- Employer contributions
- $949,797
- Participant contributions
- $1,998,093
- Total income / additions
- $7,918,440
- Benefits paid
- $3,460,610
- Administrative expenses
- $95,401
- Total expenses
- $3,563,966
- Net increase / (decrease)
- $4,354,474
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $48,164 | $0 |
| Sageview Advisory Group LLC | ADVISOR | $37,803 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $9,434 | not reported in the loaded dataset |