2023 Form 5500 filing — Knoxville Tva Employees Credit Union Defined Benefit 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 20241011130312NAL0010939315001) for Knoxville Tva Employees Credit Union Defined Benefit Plan, reported by Knoxville Tva Ees Credit Union under EIN 62-0263105 and plan number 002. It reports 497 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)$38.1MReported net assets$38,081,017
Participants497
Provider compensation$142.9K1 Schedule C row(s)$142,916
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011130312NAL0010939315001
Plan sponsor
Knoxville Tva Ees Credit Union
EIN
62-0263105
Plan number
002
Location
Knoxville, TN
Received date
not reported in the loaded dataset
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)$38.1M total assets
Net assets$38.1MLiabilities$0
Money in vs. money out
Total income / additions$5.8M
Total expenses$1.9M
Benefits paid / distributions$1.7M
Contributions
Employer$2M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$38,081,017
Total liabilities (EOY)
$0
Net assets (EOY)
$38,081,017
Employer contributions
$2,000,000
Total income / additions
$5,808,011
Benefits paid
$1,723,120
Administrative expenses
$142,916
Total expenses
$1,866,036
Net increase / (decrease)
$3,941,975

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$142,916$0

Related Form 5500 pages