2023 Form 5500 filing — Family Security 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 20241002135915NAL0004056947001) for Family Security Credit Union 401(K) Plan, reported by Family Security Credit Union under EIN 63-0757453 and plan number 002. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002135915NAL0004056947001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Family Security Credit Union
- EIN
- 63-0757453
- Plan number
- 002
- Location
- Decatur, AL
- Participants
- 197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,349,459
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,349,459
- Employer contributions
- $388,662
- Participant contributions
- $458,676
- Total income / additions
- $2,755,834
- Benefits paid
- $506,474
- Administrative expenses
- $31,582
- Total expenses
- $538,056
- Net increase / (decrease)
- $2,217,778
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $21,955 | $0 |
| Members Capital Advisors, Inc. | NONE | $9,627 | not reported in the loaded dataset |