2023 Form 5500 filing — Empower 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 20240910143945NAL0009927152001) for Empower Federal Credit Union 401(K) Plan, reported by Empower Federal Credit Union under EIN 15-0547278 and plan number 002. It reports 737 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)$64.3MReported net assets$64,289,465
Participants737
Provider compensation$50.5K1 Schedule C row(s)$50,530
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240910143945NAL0009927152001
Plan sponsor
Empower Federal Credit Union
EIN
15-0547278
Plan number
002
Location
Syracuse, NY
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)$64.3M total assets
Net assets$64.3MLiabilities$0
Money in vs. money out
Total income / additions$16.2M
Total expenses$4.7M
Benefits paid / distributions$4.6M
Contributions
Employer$2.8M
Participant$3.1M
Full reported line items
Total assets (EOY)
$64,289,465
Total liabilities (EOY)
$0
Net assets (EOY)
$64,289,465
Employer contributions
$2,836,869
Participant contributions
$3,131,915
Total income / additions
$16,156,328
Benefits paid
$4,645,116
Administrative expenses
$50,530
Total expenses
$4,695,646
Net increase / (decrease)
$11,460,682
Schedule C

Reported service provider compensation

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

  1. 1
    RECORDKEEPER · Direct $50.5K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240910143945NAL0009927152001 cover?
It is the 2023 Form 5500 filing for Empower Federal Credit Union 401(K) Plan, reported by Empower Federal Credit Union (EIN 15-0547278).
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).

Related Form 5500 pages