Fortera Federal Credit Union 401(K) Plan And Trust — Form 5500 plan (Fortera 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, Fortera Federal Credit Union 401(K) Plan And Trust is a benefit plan reported by Fortera Federal Credit Union under EIN 61-0523393 and plan number 001. The latest loaded filing year is 2023. The filing reports 239 participants and $13,070,609 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fortera Federal Credit Union
- EIN
- 61-0523393
- Plan number
- 001
- Plan type
- 2
- Location
- Clarksville, TN
- Latest filing year
- 2023
- Participants
- 239
- End-of-year plan assets
- $13,070,609
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 239 | H, C | 20240813170328NAL0010723377001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,070,609
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,070,609
- Net assets (BOY)
- $11,294,410
Income & contributions
- Employer contributions
- $633,136
- Participant contributions
- $907,257
- Total contributions
- $1,732,252
- Total income / additions
- $3,629,968
Expenses & distributions
- Benefits paid
- $1,801,624
- Administrative expenses
- $52,145
- Total expenses
- $1,853,769
- Net increase / (decrease)
- $1,776,199
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $41,799 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $11,150 | not reported in the loaded dataset | 2023 |