2023 Form 5500 filing — Redstone Federal Credit Union Employees' Savings & Retirement Plan & Trust
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 20240925154822NAL0014989601002) for Redstone Federal Credit Union Employees' Savings & Retirement Plan & Trust, reported by Redstone Federal Credit Union under EIN 63-0322374 and plan number 001. It reports 1,411 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925154822NAL0014989601002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Redstone Federal Credit Union
- EIN
- 63-0322374
- Plan number
- 001
- Location
- Huntsville, AL
- Participants
- 1,411
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $138,401,896
- Total liabilities (EOY)
- $440
- Net assets (EOY)
- $138,401,456
- Employer contributions
- $5,031,674
- Participant contributions
- $7,671,793
- Total income / additions
- $32,693,528
- Benefits paid
- $5,429,966
- Administrative expenses
- $162,330
- Total expenses
- $5,592,296
- Net increase / (decrease)
- $27,101,232
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services,Inc | NONE | $162,330 | not reported in the loaded dataset |