2023 Form 5500 filing — Lafayette 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 20241008141302NAL0016838449001) for Lafayette Federal Credit Union 401(K) Plan, reported by Lafayette Federal Credit Union under EIN 53-0197895 and plan number 001. It reports 203 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$25.3MReported net assets$25,281,574
Participants203
Provider compensation$136.4K4 Schedule C row(s)$136,361
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008141302NAL0016838449001
Plan sponsor
Lafayette Federal Credit Union
EIN
53-0197895
Plan number
001
Location
Rockville, MD
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$25.3M total assets
Net assets$25.3MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$1.1M
Benefits paid / distributions$986.7K
Contributions
Employer$440.6K
Participant$1.1M
Full reported line items
Total assets (EOY)
$25,281,574
Total liabilities (EOY)
$0
Net assets (EOY)
$25,281,574
Employer contributions
$440,637
Participant contributions
$1,053,676
Total income / additions
$5,495,557
Benefits paid
$986,710
Administrative expenses
$90,280
Total expenses
$1,076,990
Net increase / (decrease)
$4,418,567
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $90.3K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $0 · Indirect $35.9K
  3. 3
    OTHER SERVICES · Direct $0 · Indirect $10.2K
  4. 4
    INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241008141302NAL0016838449001 cover?
It is the 2023 Form 5500 filing for Lafayette Federal Credit Union 401(K) Plan, reported by Lafayette Federal Credit Union (EIN 53-0197895).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages