Educational Systems Federal Credit Union Money Purchase Plan — Form 5500 plan (Educational Systems 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, Educational Systems Federal Credit Union Money Purchase Plan is a benefit plan reported by Educational Systems Federal Credit Union under EIN 52-0695019 and plan number 002. The latest loaded filing year is 2023. The filing reports 220 participants and $13,729,936 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Educational Systems Federal Credit Union
- EIN
- 52-0695019
- Plan number
- 002
- Plan type
- 2
- Location
- Greenbelt, MD
- Latest filing year
- 2023
- Participants
- 220
- End-of-year plan assets
- $13,729,936
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 220 | H, C | 20240919110212NAL0005851537001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,729,936
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,729,936
- Net assets (BOY)
- $12,208,117
Income & contributions
- Employer contributions
- $1,009,353
- Total contributions
- $1,009,353
- Total income / additions
- $2,711,027
Expenses & distributions
- Benefits paid
- $1,135,796
- Administrative expenses
- $53,412
- Total expenses
- $1,189,208
- Net increase / (decrease)
- $1,521,819
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $41,712 | $0 | 2023 |
| Deleon & Stang, Cpas & Advisors | AUDITOR | $11,700 | not reported in the loaded dataset | 2023 |