Heritage Federal Credit Union 401(K) Plan — Form 5500 plan (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, Heritage Federal Credit Union 401(K) Plan is a benefit plan reported by Heritage Federal Credit Union under EIN 35-1155006 and plan number 033. The latest loaded filing year is 2023. The filing reports 277 participants and $17,845,324 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Heritage Federal Credit Union
- EIN
- 35-1155006
- Plan number
- 033
- Plan type
- 2
- Location
- Newburgh, IN
- Latest filing year
- 2023
- Participants
- 277
- End-of-year plan assets
- $17,845,324
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 277 | H, C | 20241010110652NAL0033876144001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,845,324
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,845,324
- Net assets (BOY)
- $15,413,897
Income & contributions
- Employer contributions
- $1,032,495
- Participant contributions
- $727,981
- Total contributions
- $2,197,060
- Total income / additions
- $5,216,437
Expenses & distributions
- Benefits paid
- $2,710,289
- Administrative expenses
- $74,721
- Total expenses
- $2,785,010
- Net increase / (decrease)
- $2,431,427
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Co | CONTRACT ADMIN | $60,319 | $0 | 2023 |
| Principal Life Sinsurance Co | CONTRACT ADMIN | $12,927 | $0 | 2023 |
| Compensation Systems Inc | CONTRACT ADMIN | $0 | $1,475 | 2023 |