Plan5500

Verve Retirement Plan — Form 5500 plan (Verve, A 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, Verve Retirement Plan is a benefit plan reported by Verve, A Credit Union under EIN 39-0711674 and plan number 033. The latest loaded filing year is 2023. The filing reports 406 participants and $21,930,926 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Verve, A Credit Union
EIN
39-0711674
Plan number
033
Plan type
2
Location
Little Chute, WI
Latest filing year
2023
Participants
406
End-of-year plan assets
$21,930,926

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023406H, C20241010135110NAL0020196641001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,930,926
Total liabilities (EOY)
$10,593
Net assets (EOY)
$21,920,333
Net assets (BOY)
$19,015,516

Income & contributions

Employer contributions
$659,590
Participant contributions
$977,392
Total contributions
$1,873,764
Total income / additions
$5,355,652

Expenses & distributions

Benefits paid
$2,405,131
Administrative expenses
$45,704
Total expenses
$2,450,835
Net increase / (decrease)
$2,904,817

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$28,643$02023
Leafhouse Financial AdvisorsINVESTMENT ADVISOR$9,994not reported in the loaded dataset2023
Retirement Strategies LLCTPA$6,725not reported in the loaded dataset2023

Related Form 5500 pages