2023 Form 5500 filing — 1st Advantage Federal Credit Union 401k Plan And 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 20241011154819NAL0037559200001) for 1st Advantage Federal Credit Union 401k Plan And Trust, reported by 1st Advantage Federal Credit Union under EIN 54-0623618 and plan number 002. It reports 238 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011154819NAL0037559200001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- 1st Advantage Federal Credit Union
- EIN
- 54-0623618
- Plan number
- 002
- Location
- Yorktown, VA
- Participants
- 238
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,578,601
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,578,601
- Employer contributions
- $558,819
- Participant contributions
- $958,946
- Total income / additions
- $3,999,651
- Benefits paid
- $1,959,437
- Administrative expenses
- $68,999
- Total expenses
- $2,028,436
- Net increase / (decrease)
- $1,971,215
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Ascent Group, LLC | NONE | $45,258 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $23,679 | $0 |