2023 Form 5500 filing — Langley Federal Credit Union 401(K) 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 20240726135629NAL0026676512001) for Langley Federal Credit Union 401(K) Plan, reported by Langley Federal Credit Union under EIN 54-0451953 and plan number 002. It reports 945 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$50.1MReported net assets$50,142,833
Participants945
Provider compensation$141.2K2 Schedule C row(s)$141,170
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240726135629NAL0026676512001
Plan sponsor
Langley Federal Credit Union
EIN
54-0451953
Plan number
002
Location
Newport News, VA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$50.1M total assets
Net assets$50.1MLiabilities$0
Money in vs. money out
Total income / additions$14.6M
Total expenses$5.1M
Benefits paid / distributions$4.9M
Contributions
Employer$2.4M
Participant$3.5M
Full reported line items
Total assets (EOY)
$50,142,833
Total liabilities (EOY)
$0
Net assets (EOY)
$50,142,833
Employer contributions
$2,385,847
Participant contributions
$3,508,042
Total income / additions
$14,560,700
Benefits paid
$4,890,832
Administrative expenses
$141,260
Total expenses
$5,055,534
Net increase / (decrease)
$9,505,166

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$89,404$0
Cetera Investment Advisors LLCINVESTMENT ADVISOR$51,766not reported in the loaded dataset

Related Form 5500 pages