2023 Form 5500 filing — Visions Federal Credit Union Defined Benefit Plan And 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 20241001111409NAL0011453120001) for Visions Federal Credit Union Defined Benefit Plan And Trust, reported by Visions Federal Credit Union under EIN 16-0920502 and plan number 001. It reports 786 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001111409NAL0011453120001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Visions Federal Credit Union
- EIN
- 16-0920502
- Plan number
- 001
- Location
- Endicott, NY
- Participants
- 786
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $134,769,714
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $134,769,714
- Total income / additions
- $16,556,658
- Benefits paid
- $1,483,903
- Administrative expenses
- $70,012
- Total expenses
- $1,553,915
- Net increase / (decrease)
- $15,002,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Members Trust Company | INVESTMENT MANAGER | $70,012 | not reported in the loaded dataset |
| Bestvest Investments | INVESTMENT MANAGER | $0 | $20,164 |