2023 Form 5500 filing — Ideal Credit Union Capital Accumulation 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 20240903095337NAL0010495187001) for Ideal Credit Union Capital Accumulation Plan, reported by Ideal Credit Union under EIN 41-0519270 and plan number 033. It reports 226 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)$0Reported net assets

Participants226

Provider compensation$49.3K1 Schedule C row(s)$49,251

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240903095337NAL0010495187001
Plan sponsor: Ideal Credit Union
EIN: 41-0519270
Plan number: 033
Location: Woodbury, MN
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.

Money in vs. money out

Total income / additions$7M

Total expenses$1.8M

Benefits paid / distributions$1.8M

Contributions

Employer$1.1M

Participant$1.2M

Full reported line items

Total assets (EOY): $0
Total liabilities (EOY): $0
Net assets (EOY): $0
Employer contributions: $1,142,494
Participant contributions: $1,187,816
Total income / additions: $7,041,543
Benefits paid: $1,758,554
Administrative expenses: $53,846
Total expenses: $1,812,400
Net increase / (decrease): $5,229,143

Schedule C

Reported service provider compensation

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

1
Cmfg Life Insurance Company$49.3K
NONE · Direct $49.3K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240903095337NAL0010495187001 cover?: It is the 2023 Form 5500 filing for Ideal Credit Union Capital Accumulation Plan, reported by Ideal Credit Union (EIN 41-0519270).
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).