2023 Form 5500 filing — Department Of Commerce 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 20240828090410NAL0019312864001) for Department Of Commerce Federal Credit Union 401(K) Plan, reported by Department Of Commerce Federal Credit Union under EIN 53-0056498 and plan number 002. It reports 146 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)$12MReported net assets$12,014,435

Participants146

Provider compensation$35.7K1 Schedule C row(s)$35,743

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240828090410NAL0019312864001
Plan sponsor: Department Of Commerce Federal Credit Union
EIN: 53-0056498
Plan number: 002
Location: Washington, DC
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$12M total assets

Net assets$12MLiabilities—

Money in vs. money out

Total income / additions$3.3M

Total expenses$1.5M

Benefits paid / distributions$1.4M

Contributions

Employer$1.1M

Participant$657K

Full reported line items

Total assets (EOY): $12,014,435
Net assets (EOY): $12,014,435
Employer contributions: $1,050,230
Participant contributions: $656,953
Total income / additions: $3,317,218
Benefits paid: $1,407,054
Administrative expenses: $44,784
Total expenses: $1,451,772
Net increase / (decrease): $1,865,446

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
John Hancock Life Insurance Company$35.7K
RECORDKEEPER · Direct $35.7K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240828090410NAL0019312864001 cover?: It is the 2023 Form 5500 filing for Department Of Commerce Federal Credit Union 401(K) Plan, reported by Department Of Commerce Federal Credit Union (EIN 53-0056498).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).