2023 Form 5500 filing — Honor 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 20240923081013NAL0006522515001) for Honor Credit Union 401(K) Plan, reported by Honor Credit Union under EIN 38-1231023 and plan number 001. It reports 473 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)$35MReported net assets$35,014,222
Participants473
Provider compensation$93.1K2 Schedule C row(s)$93,088
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240923081013NAL0006522515001
Plan sponsor
Honor Credit Union
EIN
38-1231023
Plan number
001
Location
Berrien Springs, MI
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)$35M total assets
Net assets$35MLiabilities$0
Money in vs. money out
Total income / additions$9.4M
Total expenses$3.1M
Benefits paid / distributions$3M
Contributions
Employer$1.9M
Participant$2M
Full reported line items
Total assets (EOY)
$35,014,222
Total liabilities (EOY)
$0
Net assets (EOY)
$35,014,222
Employer contributions
$1,932,619
Participant contributions
$1,995,719
Total income / additions
$9,391,058
Benefits paid
$2,968,243
Administrative expenses
$93,088
Total expenses
$3,078,559
Net increase / (decrease)
$6,312,499
Schedule C

Reported service provider compensation

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

  1. 1
    CONTRACT ADMINISTRATOR · Direct $51.4K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $41.7K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240923081013NAL0006522515001 cover?
It is the 2023 Form 5500 filing for Honor Credit Union 401(K) Plan, reported by Honor Credit Union (EIN 38-1231023).
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