I-C Federal Credit Union Profit Sharing & 401(K) Plan — Form 5500 plan (I-C Federal Credit Union)
Plain-English plan 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, I-C Federal Credit Union Profit Sharing & 401(K) Plan is a benefit plan reported by I-C Federal Credit Union under EIN 04-1328710 and plan number 002. The latest loaded filing year is 2023. The filing reports 163 participants and $15,259,880 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- I-C Federal Credit Union
- EIN
- 04-1328710
- Plan number
- 002
- Plan type
- 2
- Location
- Fitchburg, MA
- Latest filing year
- 2023
- Participants
- 163
- End-of-year plan assets
- $15,259,880
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 163 | H, C | 20241002094258NAL0014699088001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,259,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,259,880
- Net assets (BOY)
- $13,606,916
Income & contributions
- Employer contributions
- $383,762
- Participant contributions
- $661,694
- Total contributions
- $1,145,019
- Total income / additions
- $3,452,721
Expenses & distributions
- Benefits paid
- $1,772,739
- Administrative expenses
- $27,018
- Total expenses
- $1,799,757
- Net increase / (decrease)
- $1,652,964
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $27,018 | $0 | 2023 |