2023 Form 5500 filing — Topline Financial 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 20241015141706NAL0014813971001) for Topline Financial Credit Union 401(K) Plan, reported by Topline Financial Credit Union under EIN 41-0415960 and plan number 002. It reports 109 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015141706NAL0014813971001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Topline Financial Credit Union
- EIN
- 41-0415960
- Plan number
- 002
- Location
- Maple Grove, MN
- Participants
- 109
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,986,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,986,063
- Employer contributions
- $530,506
- Participant contributions
- $832,190
- Total income / additions
- $4,235,756
- Benefits paid
- $2,408,790
- Administrative expenses
- $39,938
- Total expenses
- $2,456,752
- Net increase / (decrease)
- $1,779,004
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nfp Retirement Inc | INVESTMENT ADVISOR | $26,358 | not reported in the loaded dataset |
| Ascensus Holdings Inc Dba Futurepla | CONTRACT ADMIN | $1,040 | $10,000 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $7,794 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,746 | not reported in the loaded dataset |