2023 Form 5500 filing — First Florida Credit Union 401(K) Profit Sharing 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 20241220072223NAL0005382081001) for First Florida Credit Union 401(K) Profit Sharing Plan, reported by First Florida Credit Union under EIN 59-0705380 and plan number 003. It reports 275 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241220072223NAL0005382081001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Florida Credit Union
- EIN
- 59-0705380
- Plan number
- 003
- Location
- Jacksonville, FL
- Participants
- 275
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,343,956
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,343,956
- Employer contributions
- $883,365
- Participant contributions
- $1,091,313
- Total income / additions
- $4,519,212
- Benefits paid
- $1,520,943
- Administrative expenses
- $78,778
- Total expenses
- $1,599,721
- Net increase / (decrease)
- $2,919,491
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $71,932 | $0 |
| Mml Investors Services LLC | OTHER SERVICES | $0 | $21,713 |
| John Hancock | RETAINED BY EMPLOYER | $6,214 | $0 |
| Mml Insurance Agency LLC | OTHER SERVICES | $0 | $3,179 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $631 | $0 |
| Morningstar Investment Managmnt LLC | INV ADV, PARTICIPANTS | $0 | $0 |