2023 Form 5500 filing — Heritage 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 20241010110652NAL0033876144001) for Heritage Federal Credit Union 401(K) Plan, reported by Heritage Federal Credit Union under EIN 35-1155006 and plan number 033. It reports 277 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010110652NAL0033876144001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Heritage Federal Credit Union
- EIN
- 35-1155006
- Plan number
- 033
- Location
- Newburgh, IN
- Participants
- 277
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,845,324
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,845,324
- Employer contributions
- $1,032,495
- Participant contributions
- $727,981
- Total income / additions
- $5,216,437
- Benefits paid
- $2,710,289
- Administrative expenses
- $74,721
- Total expenses
- $2,785,010
- Net increase / (decrease)
- $2,431,427
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Co | CONTRACT ADMIN | $60,319 | $0 |
| Principal Life Sinsurance Co | CONTRACT ADMIN | $12,927 | $0 |
| Compensation Systems Inc | CONTRACT ADMIN | $0 | $1,475 |