Heritage Financial Credit Union Capital Accumulation Plan — Form 5500 plan (Heritage Financial 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, Heritage Financial Credit Union Capital Accumulation Plan is a benefit plan reported by Heritage Financial Credit Union under EIN 14-1348251 and plan number 011. The latest loaded filing year is 2023. The filing reports 147 participants and $7,270,086 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heritage Financial Credit Union
- EIN
- 14-1348251
- Plan number
- 011
- Plan type
- 2
- Location
- Middletown, NY
- Latest filing year
- 2023
- Participants
- 147
- End-of-year plan assets
- $7,270,086
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 147 | H, C | 20241011160246NAL0037597856001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,270,086
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,270,086
- Net assets (BOY)
- $6,664,158
Income & contributions
- Employer contributions
- $321,771
- Participant contributions
- $536,481
- Total contributions
- $971,973
- Total income / additions
- $1,936,586
Expenses & distributions
- Benefits paid
- $1,284,386
- Administrative expenses
- $46,272
- Total expenses
- $1,330,658
- Net increase / (decrease)
- $605,928
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Comapny | CONTRACT ADMINISTRATOR | $46,298 | $0 | 2023 |
| Resources Investment Advisors | INVESTMENT ADVISORY | $0 | $18,000 | 2023 |
| Pasi LLC | CONTRACT ADMINISTRATOR | $0 | $5,709 | 2023 |