2023 Form 5500 filing — Puerto Rico Federal Credit Union 1081.01 Retirement Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240220075201NAL0000561313001) for Puerto Rico Federal Credit Union 1081.01 Retirement Plan, reported by Puerto Rico Federal Credit Union under EIN 66-0239950 and plan number 001. It reports 51 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$1.1MReported net assets$1,078,383
Participants51
Provider compensation$8.7K4 Schedule C row(s)$8,688
Schedules filedSchedule I, Schedule CLoaded schedules
EFAST2 acknowledgement
20240220075201NAL0000561313001
Plan sponsor
Puerto Rico Federal Credit Union
EIN
66-0239950
Plan number
001
Location
San Juan, PR
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.1M total assets
Net assets$1.1MLiabilities
Money in vs. money out
Total income / additions$227.5K
Total expenses$166.5K
Benefits paid / distributions$159.2K
Contributions
Employer$29.5K
Participant$49K
Full reported line items
Total assets (EOY)
$1,078,383
Net assets (EOY)
$1,078,383
Employer contributions
$29,528
Participant contributions
$48,953
Total income / additions
$227,487
Benefits paid
$159,198
Administrative expenses
$7,260
Total expenses
$166,458
Net increase / (decrease)
$61,029

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Oriental Bank And TrustTRUSTEE$4,675$0
Empower Annuty Insurance Company OfRECORDKEEPER$2,973$0
Benefit Consulting Group Of Pr IncCONTRACT ADMIN$0$1,039
Empower Advisory Group LLCINVESTMENT MGMT$1$0

Related Form 5500 pages