2023 Form 5500 filing — The Summit Federal Credit Union Pension 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 20250410082546NAL0023936497001) for The Summit Federal Credit Union Pension Plan, reported by Summit Federal Credit Union under EIN 16-0754720 and plan number 001. It reports 337 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250410082546NAL0023936497001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Summit Federal Credit Union
- EIN
- 16-0754720
- Plan number
- 001
- Location
- Rochester, NY
- Participants
- 337
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,049,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,049,221
- Total income / additions
- $3,216,710
- Benefits paid
- $849,453
- Administrative expenses
- $146,176
- Total expenses
- $995,629
- Net increase / (decrease)
- $2,221,081
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $129,077 | $0 |
| Sage, Rutty And Co., Inc. | INVESTMENT ADVISORY | $0 | $44,664 |
| Principal Global Investors LLC | INVESTMENT ADVISORY | $17,099 | not reported in the loaded dataset |