Peoples Alliance Federal Credit Union Defined Benefit Plan — Form 5500 plan (Peoples Alliance 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, Peoples Alliance Federal Credit Union Defined Benefit Plan is a benefit plan reported by Peoples Alliance Federal Credit Union under EIN 11-1644848 and plan number 001. The latest loaded filing year is 2023. The filing reports 105 participants and $15,675,454 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples Alliance Federal Credit Union
- EIN
- 11-1644848
- Plan number
- 001
- Plan type
- 2
- Location
- Hauppauge, NY
- Latest filing year
- 2023
- Participants
- 105
- End-of-year plan assets
- $15,675,454
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 105 | H, C | 20241011111200NAL0021735041001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,675,454
- Total liabilities (EOY)
- $39,804
- Net assets (EOY)
- $15,635,650
- Net assets (BOY)
- $14,230,786
Income & contributions
- Employer contributions
- $1,000,000
- Total contributions
- $1,000,000
- Total income / additions
- $2,741,203
Expenses & distributions
- Benefits paid
- $1,195,057
- Administrative expenses
- $141,282
- Total expenses
- $1,336,339
- Net increase / (decrease)
- $1,404,864
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Matrix Trust Company | NONE | $141,282 | not reported in the loaded dataset | 2023 |