2023 Form 5500 filing — Frankenmuth Credit Union 401(K) Retirement Savings
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 20241015140656NAL0029911809001) for Frankenmuth Credit Union 401(K) Retirement Savings, reported by Frankenmuth Credit Union under EIN 38-1796409 and plan number 002. It reports 483 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140656NAL0029911809001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Frankenmuth Credit Union
- EIN
- 38-1796409
- Plan number
- 002
- Location
- Frankenmuth, MI
- Participants
- 483
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,821,625
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,821,625
- Employer contributions
- $1,346,208
- Participant contributions
- $2,141,724
- Total income / additions
- $7,355,398
- Benefits paid
- $1,888,504
- Administrative expenses
- $106,160
- Total expenses
- $2,000,230
- Net increase / (decrease)
- $5,355,168
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $59,745 | $0 |
| Morningstar Investment Management | SERVICE PROVIDER | $46,415 | not reported in the loaded dataset |