2023 Form 5500 filing — Sandia Area Federal Credit Union Defined Benefit Plan And Trust
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 20241011143941NAL0037216128001) for Sandia Area Federal Credit Union Defined Benefit Plan And Trust, reported by Sandia Area Federal Credit Union under EIN 85-0128861 and plan number 004. It reports 135 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)$15.1MReported net assets$15,089,151
Participants135
Provider compensation$58.3K2 Schedule C row(s)$58,333
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011143941NAL0037216128001
- Plan sponsor
- Sandia Area Federal Credit Union
- EIN
- 85-0128861
- Plan number
- 004
- Location
- Albuquerque, NM
- Received date
- not reported in the loaded dataset
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)$15.1M total assets
Net assets$15.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $15,089,151
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,089,151
- Total income / additions
- $2,003,523
- Benefits paid
- $264,741
- Administrative expenses
- $58,333
- Total expenses
- $323,074
- Net increase / (decrease)
- $1,680,449
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $45,370 | $0 |
| Members Capital Advisors, Inc | NONE | $12,963 | not reported in the loaded dataset |