2023 Form 5500 filing — Family Security Credit Union Cash Balance Non-Integrated Defined Benefit 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 20241003140159NAL0010639953001) for Family Security Credit Union Cash Balance Non-Integrated Defined Benefit Plan, reported by Family Security Credit Union under EIN 63-0757453 and plan number 001. It reports 200 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003140159NAL0010639953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Family Security Credit Union
- EIN
- 63-0757453
- Plan number
- 001
- Location
- Decatur, AL
- Participants
- 200
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,173,386
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,173,386
- Employer contributions
- $1,634,514
- Total income / additions
- $5,177,712
- Benefits paid
- $648,539
- Administrative expenses
- $63,982
- Total expenses
- $712,521
- Net increase / (decrease)
- $4,465,191
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $42,655 | $0 |
| Members Capital Advisors, Inc. | NONE | $21,327 | not reported in the loaded dataset |