2023 Form 5500 filing — Franklin Mint Federal Credit Union 401(K)
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 20240725121445NAL0014425921001) for Franklin Mint Federal Credit Union 401(K), reported by Franklin Mint Federal Credit Union under EIN 23-2695702 and plan number 002. It reports 406 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725121445NAL0014425921001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Franklin Mint Federal Credit Union
- EIN
- 23-2695702
- Plan number
- 002
- Location
- Chadds Ford, PA
- Participants
- 406
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,512,486
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,512,486
- Employer contributions
- $1,063,570
- Participant contributions
- $1,942,230
- Total income / additions
- $9,197,132
- Benefits paid
- $3,045,628
- Administrative expenses
- $5,069
- Total expenses
- $3,050,697
- Net increase / (decrease)
- $6,146,435
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $5,069 | $0 |