Langley Federal Credit Union 401(K) Plan — Form 5500 plan (Langley 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, Langley Federal Credit Union 401(K) Plan is a benefit plan reported by Langley Federal Credit Union under EIN 54-0451953 and plan number 002. The latest loaded filing year is 2023. The filing reports 945 participants and $50,142,833 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Langley Federal Credit Union
- EIN
- 54-0451953
- Plan number
- 002
- Plan type
- 2
- Location
- Newport News, VA
- Latest filing year
- 2023
- Participants
- 945
- End-of-year plan assets
- $50,142,833
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 945 | H, C | 20240726135629NAL0026676512001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,142,833
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,142,833
- Net assets (BOY)
- $40,637,667
Income & contributions
- Employer contributions
- $2,385,847
- Participant contributions
- $3,508,042
- Total contributions
- $7,141,081
- Total income / additions
- $14,560,700
Expenses & distributions
- Benefits paid
- $4,890,832
- Administrative expenses
- $141,260
- Total expenses
- $5,055,534
- Net increase / (decrease)
- $9,505,166
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $89,404 | $0 | 2023 |
| Cetera Investment Advisors LLC | INVESTMENT ADVISOR | $51,766 | not reported in the loaded dataset | 2023 |