2023 Form 5500 filing — Bank-Fund Staff Federal Credit Union Employee 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 20240924120202NAL0017448496003) for Bank-Fund Staff Federal Credit Union Employee Retirement Plan, reported by Bank-Fund Staff Federal Credit Union under EIN 53-0209950 and plan number 002. It reports 475 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924120202NAL0017448496003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bank-Fund Staff Federal Credit Union
- EIN
- 53-0209950
- Plan number
- 002
- Location
- Washington, DC
- Participants
- 475
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,200,195
- Net assets (EOY)
- $88,200,195
- Employer contributions
- $3,451,104
- Participant contributions
- $2,877,393
- Total income / additions
- $19,613,436
- Benefits paid
- $2,953,976
- Administrative expenses
- $168,066
- Total expenses
- $3,122,042
- Net increase / (decrease)
- $16,491,394
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lpl Financial - Rpcp | NONE | $77,109 | not reported in the loaded dataset |
| Schwab Retirement Plan Services,Inc | NONE | $50,070 | not reported in the loaded dataset |
| Lpl Financial - Ipa | NONE | $25,092 | not reported in the loaded dataset |
| Clifton Larson Allen Llp | NONE | $15,645 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $1 | $0 |