2023 Form 5500 filing — Abound Federal Credit Union Employees Retirement Savings 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 20241015181625NAL0015237251001) for Abound Federal Credit Union Employees Retirement Savings Plan, reported by Abound Federal Credit Union under EIN 61-0549068 and plan number 002. It reports 392 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015181625NAL0015237251001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Abound Federal Credit Union
- EIN
- 61-0549068
- Plan number
- 002
- Location
- Radcliff, KY
- Participants
- 392
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,196,552
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,196,552
- Employer contributions
- $177,461
- Participant contributions
- $1,075,771
- Total income / additions
- $3,014,358
- Benefits paid
- $2,804,294
- Administrative expenses
- $27,196
- Total expenses
- $2,831,490
- Net increase / (decrease)
- $182,868
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $18,658 | $0 |
| Members Capital Advisors, Inc. | NONE | $8,538 | not reported in the loaded dataset |