Align Credit Union 401(K) Profit Sharing Plan — Form 5500 plan (Align 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, Align Credit Union 401(K) Profit Sharing Plan is a benefit plan reported by Align Credit Union under EIN 04-1680140 and plan number 002. The latest loaded filing year is 2023. The filing reports 181 participants and $22,522,701 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Align Credit Union
- EIN
- 04-1680140
- Plan number
- 002
- Plan type
- 2
- Location
- Lowell, MA
- Latest filing year
- 2023
- Participants
- 181
- End-of-year plan assets
- $22,522,701
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 181 | H, C | 20250321100407NAL0004300467001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,522,701
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,522,701
- Net assets (BOY)
- $21,738,781
Income & contributions
- Employer contributions
- $565,218
- Participant contributions
- $567,739
- Total contributions
- $1,411,457
- Total income / additions
- $4,975,862
Expenses & distributions
- Benefits paid
- $4,145,914
- Administrative expenses
- $46,028
- Total expenses
- $4,191,942
- Net increase / (decrease)
- $783,920
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James & Associates Inc | ADVISOR | $44,603 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $1,425 | $0 | 2023 |