2023 Form 5500 filing — Verve 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 20241010135110NAL0020196641001) for Verve Retirement Plan, reported by Verve, A Credit Union under EIN 39-0711674 and plan number 033. It reports 406 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010135110NAL0020196641001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Verve, A Credit Union
- EIN
- 39-0711674
- Plan number
- 033
- Location
- Little Chute, WI
- Participants
- 406
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,930,926
- Total liabilities (EOY)
- $10,593
- Net assets (EOY)
- $21,920,333
- Employer contributions
- $659,590
- Participant contributions
- $977,392
- Total income / additions
- $5,355,652
- Benefits paid
- $2,405,131
- Administrative expenses
- $45,704
- Total expenses
- $2,450,835
- Net increase / (decrease)
- $2,904,817
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $28,643 | $0 |
| Leafhouse Financial Advisors | INVESTMENT ADVISOR | $9,994 | not reported in the loaded dataset |
| Retirement Strategies LLC | TPA | $6,725 | not reported in the loaded dataset |