2023 Form 5500 filing — Midwest America Federal Credit Union 401(K) Profit Sharing
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 20240918124345NAL0004341441001) for Midwest America Federal Credit Union 401(K) Profit Sharing, reported by Midwest America Federal Credit Union under EIN 35-0316722 and plan number 002. It reports 308 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)$13.1MReported net assets$13,074,234
Participants308
Provider compensation$33.2K2 Schedule C row(s)$33,162
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240918124345NAL0004341441001
- Plan sponsor
- Midwest America Federal Credit Union
- EIN
- 35-0316722
- Plan number
- 002
- Location
- Fort Wayne, IN
- Received date
- not reported in the loaded dataset
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)$13.1M total assets
Net assets$13.1MLiabilities$52
Full reported line items
- Total assets (EOY)
- $13,074,286
- Total liabilities (EOY)
- $52
- Net assets (EOY)
- $13,074,234
- Employer contributions
- $572,652
- Participant contributions
- $677,883
- Total income / additions
- $3,537,668
- Benefits paid
- $5,870,244
- Administrative expenses
- $56,691
- Total expenses
- $5,926,935
- Net increase / (decrease)
- -$2,389,267
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners LLC | SERVICE PROVIDER | $0 | $27,500 |
| Ascensus | SERVICE PROVIDER | $5,662 | not reported in the loaded dataset |