2023 Form 5500 filing — Affinity 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 20241004071509NAL0019092576001) for Affinity Federal Credit Union 401(K) Plan, reported by Affinity Federal Credit Union under EIN 13-5562114 and plan number 002. It reports 751 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004071509NAL0019092576001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Affinity Federal Credit Union
- EIN
- 13-5562114
- Plan number
- 002
- Location
- Basking Ridge, NJ
- Participants
- 751
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $96,498,952
- Net assets (EOY)
- $96,498,952
- Employer contributions
- $2,368,206
- Participant contributions
- $3,859,033
- Total income / additions
- $20,872,708
- Benefits paid
- $4,779,683
- Administrative expenses
- $155,892
- Total expenses
- $4,945,591
- Net increase / (decrease)
- $15,927,117
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $64,232 | $0 |
| Cap Financial Partners LLC | INVESTMENT ADVISORY | $50,672 | not reported in the loaded dataset |
| Eisneramper | AUDITOR | $37,800 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | SECURITIES BROKER | $321 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |