2023 Form 5500 filing — Nusenda 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 20241014171106NAL0053303026001) for Nusenda Federal Credit Union 401(K) Plan, reported by Nusenda Federal Credit Union under EIN 85-0105773 and plan number 002. It reports 921 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)$25.5MReported net assets$25,545,258
Participants921
Provider compensation$64.7K2 Schedule C row(s)$64,669
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014171106NAL0053303026001
Plan sponsor
Nusenda Federal Credit Union
EIN
85-0105773
Plan number
002
Location
Albuquerque, NM
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)$25.5M total assets
Net assets$25.5MLiabilities$0
Money in vs. money out
Total income / additions$6.7M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$336.5K
Participant$2.5M
Full reported line items
Total assets (EOY)
$25,545,258
Total liabilities (EOY)
$0
Net assets (EOY)
$25,545,258
Employer contributions
$336,543
Participant contributions
$2,511,266
Total income / additions
$6,655,183
Benefits paid
$1,332,193
Administrative expenses
$64,669
Total expenses
$1,420,328
Net increase / (decrease)
$5,234,855

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Cmfg Life Insurance CompanyNONE$43,044$0
Members Capital Advisors, Inc.NONE$21,625not reported in the loaded dataset

Related Form 5500 pages