2023 Form 5500 filing — Desco 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 20240906135059NAL0001911504001) for Desco 401(K) Plan, reported by Desco Federal Credit Union under EIN 31-6042202 and plan number 002. It reports 111 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240906135059NAL0001911504001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Desco Federal Credit Union
- EIN
- 31-6042202
- Plan number
- 002
- Location
- Portsmouth, OH
- Participants
- 111
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,493,384
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,493,384
- Employer contributions
- $279,726
- Participant contributions
- $377,472
- Total income / additions
- $2,014,148
- Benefits paid
- $135,944
- Administrative expenses
- $55,173
- Total expenses
- $207,123
- Net increase / (decrease)
- $1,807,025
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pcs Retirement | CONTRACT ADMINISTRATOR | $32,766 | not reported in the loaded dataset |
| Wealth Enhancement Group | INVESTMENT ADVISOR | $22,407 | not reported in the loaded dataset |