2023 Form 5500 filing — Digital Federal Credit Union 401(K) Retirement 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 20241010111226NAL0011405795001) for Digital Federal Credit Union 401(K) Retirement Plan, reported by Digital Federal Credit Union under EIN 04-2683316 and plan number 002. It reports 2,470 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010111226NAL0011405795001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Digital Federal Credit Union
- EIN
- 04-2683316
- Plan number
- 002
- Location
- Marlborough, MA
- Participants
- 2,470
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $191,129,901
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $191,129,901
- Employer contributions
- $8,770,675
- Participant contributions
- $10,284,725
- Total income / additions
- $48,795,494
- Benefits paid
- $11,543,327
- Administrative expenses
- $403,958
- Total expenses
- $12,007,516
- Net increase / (decrease)
- $36,787,978
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $220,332 | $0 |
| Morgan Stanley | INVESTMENT ADVISOR | $183,026 | not reported in the loaded dataset |
| Qdro Consultants Co LLC | OTHER | $600 | not reported in the loaded dataset |