2023 Form 5500 filing — Workers Federal Credit Union 401(K) Retirement 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 20240909100346NAL0005354449001) for Workers Federal Credit Union 401(K) Retirement Plan, reported by Workers Federal Credit Union under EIN 04-2079901 and plan number 002. It reports 457 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909100346NAL0005354449001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Workers Federal Credit Union
- EIN
- 04-2079901
- Plan number
- 002
- Location
- Littleton, MA
- Participants
- 457
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,025,151
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,025,151
- Employer contributions
- $1,200,024
- Participant contributions
- $2,465,819
- Total income / additions
- $10,619,492
- Benefits paid
- $8,214,970
- Administrative expenses
- $65,395
- Total expenses
- $8,280,365
- Net increase / (decrease)
- $2,339,127
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Dietz & Lynch Capital | INVESTMENT ADVISORY | $31,223 | not reported in the loaded dataset |
| Fidelity Investments Inst Oper Co | RECORDKEEPER | $22,545 | $0 |
| The Angell Pension Group, Inc | TPA | $11,628 | not reported in the loaded dataset |