Teachers Federal Credit Union Defined Benefit Plan — Form 5500 plan (Teachers 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, Teachers Federal Credit Union Defined Benefit Plan is a benefit plan reported by Teachers Federal Credit Union under EIN 11-1751016 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,107 participants and $71,990,782 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Teachers Federal Credit Union
EIN
11-1751016
Plan number
003
Plan type
2
Location
Hauppauge, NY
Latest filing year
2023
Participants
1,107
End-of-year plan assets
$71,990,782

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,107H, C20241011155035NAL0023154769001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$71,990,782
Total liabilities (EOY)
$0
Net assets (EOY)
$71,990,782
Net assets (BOY)
$64,045,942

Income & contributions

Employer contributions
$5,802,652
Total contributions
$5,802,652
Total income / additions
$12,558,322

Expenses & distributions

Benefits paid
$4,435,908
Administrative expenses
$177,574
Total expenses
$4,613,482
Net increase / (decrease)
$7,944,840

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch, Pierce, Fenner And SNONE$177,574$02023

Related Form 5500 pages