2023 Form 5500 filing — First Credit Union Cash Balance Defined Benefit Retirement Pension 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 20241007152458NAL0007725571001) for First Credit Union Cash Balance Defined Benefit Retirement Pension Plan, reported by First Credit Union under EIN 86-0100904 and plan number 002. It reports 217 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007152458NAL0007725571001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Credit Union
- EIN
- 86-0100904
- Plan number
- 002
- Location
- Chandler, AZ
- Participants
- 217
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,956,985
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,956,985
- Total income / additions
- $1,614,400
- Benefits paid
- $159,837
- Administrative expenses
- $62,987
- Total expenses
- $222,824
- Net increase / (decrease)
- $1,391,576
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $60,951 | not reported in the loaded dataset |
| Trusteed Retirement Program | NONE | $2,035 | not reported in the loaded dataset |