Rev Federal Credit Union Defined Contribution Plan — Form 5500 plan (Rev 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, Rev Federal Credit Union Defined Contribution Plan is a benefit plan reported by Rev Federal Credit Union under EIN 57-0377963 and plan number 002. The latest loaded filing year is 2023. The filing reports 312 participants and $15,958,528 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Rev Federal Credit Union
- EIN
- 57-0377963
- Plan number
- 002
- Plan type
- 2
- Location
- Summerville, SC
- Latest filing year
- 2023
- Participants
- 312
- End-of-year plan assets
- $15,958,528
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 312 | H, C | 20241002102955NAL0016333058001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,958,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,958,528
- Net assets (BOY)
- $13,754,885
Income & contributions
- Employer contributions
- $920,070
- Participant contributions
- $1,170,804
- Total contributions
- $2,614,750
- Total income / additions
- $5,193,898
Expenses & distributions
- Benefits paid
- $2,934,059
- Administrative expenses
- $45,796
- Total expenses
- $2,990,255
- Net increase / (decrease)
- $2,203,643
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $38,187 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $7,609 | not reported in the loaded dataset | 2023 |