Topline Financial Credit Union 401(K) Plan — Form 5500 plan (Topline Financial 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, Topline Financial Credit Union 401(K) Plan is a benefit plan reported by Topline Financial Credit Union under EIN 41-0415960 and plan number 002. The latest loaded filing year is 2023. The filing reports 109 participants and $15,986,063 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Topline Financial Credit Union
- EIN
- 41-0415960
- Plan number
- 002
- Plan type
- 2
- Location
- Maple Grove, MN
- Latest filing year
- 2023
- Participants
- 109
- End-of-year plan assets
- $15,986,063
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 109 | H, C | 20241015141706NAL0014813971001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,986,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,986,063
- Net assets (BOY)
- $14,207,059
Income & contributions
- Employer contributions
- $530,506
- Participant contributions
- $832,190
- Total contributions
- $1,366,561
- Total income / additions
- $4,235,756
Expenses & distributions
- Benefits paid
- $2,408,790
- Administrative expenses
- $39,938
- Total expenses
- $2,456,752
- Net increase / (decrease)
- $1,779,004
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nfp Retirement Inc | INVESTMENT ADVISOR | $26,358 | not reported in the loaded dataset | 2023 |
| Ascensus Holdings Inc Dba Futurepla | CONTRACT ADMIN | $1,040 | $10,000 | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $7,794 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,746 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Topline Financial Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Maple Grove, MN
- Nfp Retirement Inc — Schedule C compensation
- Ascensus Holdings Inc Dba Futurepla — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation