Maine Savings Federal Credit Union 401(K) Plan And Trust — Form 5500 plan (Maine Savings Federal Credit Union)
Plain-English plan 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, Maine Savings Federal Credit Union 401(K) Plan And Trust is a benefit plan reported by Maine Savings Federal Credit Union under EIN 01-0267010 and plan number 002. The latest loaded filing year is 2023. The filing reports 142 participants and $13,826,008 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Maine Savings Federal Credit Union
- EIN
- 01-0267010
- Plan number
- 002
- Plan type
- 2
- Location
- Hampden, ME
- Latest filing year
- 2023
- Participants
- 142
- End-of-year plan assets
- $13,826,008
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 142 | H, C | 20241001153326NAL0003418131001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,826,008
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,826,008
- Net assets (BOY)
- $11,748,984
Income & contributions
- Employer contributions
- $524,697
- Participant contributions
- $719,387
- Total contributions
- $1,776,646
- Total income / additions
- $3,688,545
Expenses & distributions
- Benefits paid
- $1,608,855
- Administrative expenses
- $2,666
- Total expenses
- $1,611,521
- Net increase / (decrease)
- $2,077,024
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $2,500 | $0 | 2023 |