Neighbors Federal Credit Union 401(K) Plan And Trust — Form 5500 plan (Neighbors 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, Neighbors Federal Credit Union 401(K) Plan And Trust is a benefit plan reported by Neighbors Federal Credit Union under EIN 72-0505488 and plan number 002. The latest loaded filing year is 2023. The filing reports 254 participants and $18,051,586 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Neighbors Federal Credit Union
- EIN
- 72-0505488
- Plan number
- 002
- Plan type
- 2
- Location
- Baton Rouge, LA
- Latest filing year
- 2023
- Participants
- 254
- End-of-year plan assets
- $18,051,586
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 254 | H, C | 20240912123553NAL0004436131001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,051,586
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,051,586
- Net assets (BOY)
- $15,869,838
Income & contributions
- Employer contributions
- $518,528
- Participant contributions
- $1,073,182
- Total contributions
- $1,654,214
- Total income / additions
- $4,464,487
Expenses & distributions
- Benefits paid
- $2,236,665
- Administrative expenses
- $46,074
- Total expenses
- $2,282,739
- Net increase / (decrease)
- $2,181,748
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $30,745 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $15,329 | not reported in the loaded dataset | 2023 |