2023 Form 5500 filing — Kinecta Federal Credit Union 401(K) And Profit Sharing 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 20241011155156NAL0045008962001) for Kinecta Federal Credit Union 401(K) And Profit Sharing Plan, reported by Kinecta Federal Credit Union under EIN 95-6038909 and plan number 001. It reports 1,285 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011155156NAL0045008962001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kinecta Federal Credit Union
- EIN
- 95-6038909
- Plan number
- 001
- Location
- Manhattan Beach, CA
- Participants
- 1,285
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $125,927,090
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $125,927,090
- Employer contributions
- $2,939,138
- Participant contributions
- $6,956,536
- Total income / additions
- $29,753,950
- Benefits paid
- $9,503,621
- Administrative expenses
- $134,800
- Total expenses
- $9,683,329
- Net increase / (decrease)
- $20,070,621
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $134,550 | $0 |
| Qdro Consultants Company, LLC | CONSULTING | $250 | not reported in the loaded dataset |