2023 Form 5500 filing — Municipal Credit Union Defined Benefit 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 20250415122416NAL0003312321001) for Municipal Credit Union Defined Benefit Plan, reported by Municipal Credit Union under EIN 13-5261470 and plan number 001. It reports 742 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415122416NAL0003312321001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Municipal Credit Union
- EIN
- 13-5261470
- Plan number
- 001
- Location
- New York, NY
- Participants
- 742
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $169,416,864
- Total liabilities (EOY)
- $21,431,296
- Net assets (EOY)
- $147,985,568
- Total income / additions
- -$7,850,299
- Benefits paid
- $4,626,184
- Administrative expenses
- $1,898,970
- Total expenses
- $6,525,154
- Net increase / (decrease)
- -$14,375,453
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINSTRATOR | $788,592 | not reported in the loaded dataset |
| Pmico | INVESTMENT ADVISORY | $480,054 | not reported in the loaded dataset |
| Cmfg Life Insurance Company | OTHER SERIVCES | $444,261 | not reported in the loaded dataset |
| Principal Costodial Solutions | TRUSTEE | $93,197 | not reported in the loaded dataset |
| Onedigital Investment Advisors | INVESTMENT ADVISORY | $21,250 | not reported in the loaded dataset |