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, Kinecta Federal Credit Union 401(K) And Profit Sharing Plan is a benefit plan reported by Kinecta Federal Credit Union under EIN 95-6038909 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,285 participants and $125,927,090 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $125,927,090
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $125,927,090
- Net assets (BOY)
- $106,726,868
Income & contributions
- Employer contributions
- $2,939,138
- Participant contributions
- $6,956,536
- Total contributions
- $10,324,650
- Total income / additions
- $29,753,950
Expenses & distributions
- Benefits paid
- $9,503,621
- Administrative expenses
- $134,800
- Total expenses
- $9,683,329
- Net increase / (decrease)
- $20,070,621