2023 Form 5500 filing — Island Federal Credit Union 401(K) Plan & 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 20241010080213NAL0019774017001) for Island Federal Credit Union 401(K) Plan & Trust, reported by Island Federal Credit Union under EIN 11-1814791 and plan number 003. It reports 190 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18.3MReported net assets$18,261,762
Participants190
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241010080213NAL0019774017001
Plan sponsor
Island Federal Credit Union
EIN
11-1814791
Plan number
003
Location
Hauppauge, 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)$18.3M total assets
Net assets$18.3MLiabilities$0
Money in vs. money out
Total income / additions$5.2M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$1.5M
Participant$796.2K
Full reported line items
Total assets (EOY)
$18,261,762
Total liabilities (EOY)
$0
Net assets (EOY)
$18,261,762
Employer contributions
$1,511,290
Participant contributions
$796,185
Total income / additions
$5,245,047
Benefits paid
$1,608,018
Administrative expenses
$5,288
Total expenses
$1,613,306
Net increase / (decrease)
$3,631,741

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010080213NAL0019774017001 cover?
It is the 2023 Form 5500 filing for Island Federal Credit Union 401(K) Plan & Trust, reported by Island Federal Credit Union (EIN 11-1814791).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages