2023 Form 5500 filing — Addition Financial Credit Union 401(K) Profit Sharing 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 20240905090256NAL0038413808001) for Addition Financial Credit Union 401(K) Profit Sharing Plan, reported by Addition Financial Credit Union Dba Addition Financial under EIN 59-0678236 and plan number 001. It reports 670 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240905090256NAL0038413808001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Addition Financial Credit Union Dba Addition Financial
- EIN
- 59-0678236
- Plan number
- 001
- Location
- Lake Mary, FL
- Participants
- 670
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $44,714,772
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,714,772
- Employer contributions
- $1,405,548
- Participant contributions
- $2,030,993
- Total income / additions
- $10,625,730
- Benefits paid
- $3,887,512
- Administrative expenses
- $32,739
- Total expenses
- $3,921,857
- Net increase / (decrease)
- $6,703,873
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $32,739 | $0 |