First Heritage Federal Credit Union 401(K) Retirement Savings Plan — Form 5500 plan (First Heritage 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, First Heritage Federal Credit Union 401(K) Retirement Savings Plan is a benefit plan reported by First Heritage Federal Credit Union under EIN 16-0802201 and plan number 003. The latest loaded filing year is 2023. The filing reports 179 participants and $13,667,695 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Heritage Federal Credit Union
- EIN
- 16-0802201
- Plan number
- 003
- Plan type
- 2
- Location
- Corning, NY
- Latest filing year
- 2023
- Participants
- 179
- End-of-year plan assets
- $13,667,695
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 179 | H, C | 20240703130024NAL0009714464001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,667,695
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,667,695
- Net assets (BOY)
- $11,223,940
Income & contributions
- Employer contributions
- $629,605
- Participant contributions
- $561,211
- Total contributions
- $1,218,097
- Total income / additions
- $3,154,583
Expenses & distributions
- Benefits paid
- $601,472
- Administrative expenses
- $72,114
- Total expenses
- $710,828
- Net increase / (decrease)
- $2,443,755
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sage Rutty And Co., Inc. | RIA | $33,607 | $0 | 2023 |
| John Hancock Life Ins Company Of Ny | RECORDKEEPER | $496 | $0 | 2023 |