2023 Form 5500 filing — Visions Federal Credit Union 401(K) 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 20241001110135NAL0003209523001) for Visions Federal Credit Union 401(K) Plan, reported by Visions Federal Credit Union under EIN 16-0920502 and plan number 033. It reports 893 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001110135NAL0003209523001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Visions Federal Credit Union
- EIN
- 16-0920502
- Plan number
- 033
- Location
- Endicott, NY
- Participants
- 893
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $57,543,788
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,543,788
- Employer contributions
- $1,679,752
- Participant contributions
- $4,150,706
- Total income / additions
- $15,115,511
- Benefits paid
- $3,589,344
- Administrative expenses
- $0
- Total expenses
- $3,592,115
- Net increase / (decrease)
- $11,523,396
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $11,900 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,036 | not reported in the loaded dataset |