2023 Form 5500 filing — Avadian 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 20241014205353NAL0015536803001) for Avadian Credit Union 401(K) Plan, reported by Avadian Credit Union under EIN 63-0207315 and plan number 002. It reports 311 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)$21.8MReported net assets$21,750,564
Participants311
Provider compensation$36.1K2 Schedule C row(s)$36,127
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014205353NAL0015536803001
- Plan sponsor
- Avadian Credit Union
- EIN
- 63-0207315
- Plan number
- 002
- Location
- Birmingham, AL
- 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)$21.8M total assets
Net assets$21.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $21,750,564
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,750,564
- Employer contributions
- $779,374
- Participant contributions
- $1,163,485
- Total income / additions
- $5,431,732
- Benefits paid
- $1,287,769
- Administrative expenses
- $60,271
- Total expenses
- $1,348,040
- Net increase / (decrease)
- $4,083,692
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners, LLC | INVESTMENT ADVISOR | $31,250 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $4,877 | $0 |