2023 Form 5500 filing — Financial Plus Credit Union Retirement 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 20241010140509NAL0021158465001) for Financial Plus Credit Union Retirement Plan, reported by Financial Plus Credit Union under EIN 38-1439120 and plan number 001. It reports 240 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010140509NAL0021158465001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Financial Plus Credit Union
- EIN
- 38-1439120
- Plan number
- 001
- Location
- Flint, MI
- Participants
- 240
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,242,075
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,242,075
- Employer contributions
- $1,161,676
- Participant contributions
- $787,016
- Total income / additions
- $5,090,488
- Benefits paid
- $1,558,525
- Administrative expenses
- $98,831
- Total expenses
- $1,657,356
- Net increase / (decrease)
- $3,433,132
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $98,831 | $0 |
| Stephens Wealth Management Group, I | INVESTMENT ADVISORY | $0 | $45,745 |