2023 Form 5500 filing — Veridian Credit Union 401(K) Plan And Trust
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 20240918144451NAL0001755683001) for Veridian Credit Union 401(K) Plan And Trust, reported by Veridian Credit Union under EIN 42-1132695 and plan number 002. It reports 1,172 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918144451NAL0001755683001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Veridian Credit Union
- EIN
- 42-1132695
- Plan number
- 002
- Location
- Cedar Falls, IA
- Participants
- 1,172
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $170,621,119
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $170,621,119
- Employer contributions
- $7,717,618
- Participant contributions
- $4,768,885
- Total income / additions
- $39,176,980
- Benefits paid
- $8,402,618
- Administrative expenses
- $276,663
- Total expenses
- $8,686,105
- Net increase / (decrease)
- $30,490,875
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $180,582 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $36,713 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $32,893 | not reported in the loaded dataset |
| Rsm Us Llp | AUDITOR | $15,815 | not reported in the loaded dataset |