Freedom Credit Union 401(K) Plan And Trust — Form 5500 plan (Freedom 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, Freedom Credit Union 401(K) Plan And Trust is a benefit plan reported by Freedom Credit Union under EIN 23-2403099 and plan number 003. The latest loaded filing year is 2023. The filing reports 129 participants and $18,040,033 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Freedom Credit Union
- EIN
- 23-2403099
- Plan number
- 003
- Plan type
- 2
- Location
- Warminster, PA
- Latest filing year
- 2023
- Participants
- 129
- End-of-year plan assets
- $18,040,033
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 129 | H, C | 20240619091853NAL0003794705001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,040,033
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,040,033
- Net assets (BOY)
- $15,572,106
Income & contributions
- Employer contributions
- $766,675
- Participant contributions
- $462,897
- Total contributions
- $1,304,697
- Total income / additions
- $3,856,461
Expenses & distributions
- Benefits paid
- $1,332,776
- Administrative expenses
- $55,758
- Total expenses
- $1,388,534
- Net increase / (decrease)
- $2,467,927
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $40,134 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $15,624 | not reported in the loaded dataset | 2023 |