Visions Federal Credit Union 401(K) Plan — Form 5500 plan (Visions 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, Visions Federal Credit Union 401(K) Plan is a benefit plan reported by Visions Federal Credit Union under EIN 16-0920502 and plan number 033. The latest loaded filing year is 2023. The filing reports 893 participants and $57,543,788 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Visions Federal Credit Union
- EIN
- 16-0920502
- Plan number
- 033
- Plan type
- 2
- Location
- Endicott, NY
- Latest filing year
- 2023
- Participants
- 893
- End-of-year plan assets
- $57,543,788
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 893 | H, C | 20241001110135NAL0003209523001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $57,543,788
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,543,788
- Net assets (BOY)
- $46,020,392
Income & contributions
- Employer contributions
- $1,679,752
- Participant contributions
- $4,150,706
- Total contributions
- $6,583,032
- Total income / additions
- $15,115,511
Expenses & distributions
- Benefits paid
- $3,589,344
- Administrative expenses
- $0
- Total expenses
- $3,592,115
- Net increase / (decrease)
- $11,523,396
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $11,900 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,036 | not reported in the loaded dataset | 2023 |