2023 Form 5500 filing — Eglin Federal Credit Union 401(K) 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 20240729114251NAL0040901426001) for Eglin Federal Credit Union 401(K) Retirement Plan, reported by Eglin Federal Credit Union under EIN 59-0724728 and plan number 002. It reports 424 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)$25MReported net assets$24,984,066
Participants424
Provider compensation$109.7K3 Schedule C row(s)$109,718
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240729114251NAL0040901426001
Plan sponsor
Eglin Federal Credit Union
EIN
59-0724728
Plan number
002
Location
Ft Walton Beach, FL
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)$25M total assets
Net assets$25MLiabilities$0
Money in vs. money out
Total income / additions$5.8M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$647.4K
Participant$1.4M
Full reported line items
Total assets (EOY)
$24,984,066
Total liabilities (EOY)
$0
Net assets (EOY)
$24,984,066
Employer contributions
$647,405
Participant contributions
$1,388,083
Total income / additions
$5,778,415
Benefits paid
$1,049,410
Administrative expenses
$88,867
Total expenses
$1,138,277
Net increase / (decrease)
$4,640,138

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$88,921$0
Mml Investors Services LLCOTHER SERVICES$0$20,797
Wilshire Advisors LLCINVESTMENT ADVISORY$0$0

Related Form 5500 pages