2023 Form 5500 filing — Fortera Federal Credit Union 401(K) Plan And Trust
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 20240813170328NAL0010723377001) for Fortera Federal Credit Union 401(K) Plan And Trust, reported by Fortera Federal Credit Union under EIN 61-0523393 and plan number 001. It reports 239 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240813170328NAL0010723377001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Fortera Federal Credit Union
- EIN
- 61-0523393
- Plan number
- 001
- Location
- Clarksville, TN
- Participants
- 239
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,070,609
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,070,609
- Employer contributions
- $633,136
- Participant contributions
- $907,257
- Total income / additions
- $3,629,968
- Benefits paid
- $1,801,624
- Administrative expenses
- $52,145
- Total expenses
- $1,853,769
- Net increase / (decrease)
- $1,776,199
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $41,799 | $0 |
| Members Capital Advisors, Inc. | NONE | $11,150 | not reported in the loaded dataset |