2023 Form 5500 filing — Mayo Employees 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 20241007131633NAL0016101969001) for Mayo Employees Federal Credit Union 401(K) Plan, reported by Mayo Employees Federal Credit Union under EIN 41-0400045 and plan number 001. It reports 134 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)$4.6MReported net assets$4,560,382
Participants134
Provider compensation$18.2K3 Schedule C row(s)$18,190
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241007131633NAL0016101969001
Plan sponsor
Mayo Employees Federal Credit Union
EIN
41-0400045
Plan number
001
Location
Rochester, MN
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)$4.6M total assets
Net assets$4.6MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$249.9K
Benefits paid / distributions$231.6K
Contributions
Employer$303.5K
Participant$592.2K
Full reported line items
Total assets (EOY)
$4,560,382
Total liabilities (EOY)
$0
Net assets (EOY)
$4,560,382
Employer contributions
$303,543
Participant contributions
$592,191
Total income / additions
$1,658,570
Benefits paid
$231,587
Administrative expenses
$18,288
Total expenses
$249,875
Net increase / (decrease)
$1,408,695
Schedule C

Reported service provider compensation

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

  1. 1
    INVESTMENT AD VISORY- PLA · Direct $9.2K · Indirect $0
  2. 2
    RECORDKEEPER · Direct $8.4K · Indirect $0
  3. 3
    RECORDKEEPER · Direct $600 · Indirect $36

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241007131633NAL0016101969001 cover?
It is the 2023 Form 5500 filing for Mayo Employees Federal Credit Union 401(K) Plan, reported by Mayo Employees Federal Credit Union (EIN 41-0400045).
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