Jovia Financial Credit Union Defined Benefit Plan And Trust — Form 5500 plan (Jovia Financial 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, Jovia Financial Credit Union Defined Benefit Plan And Trust is a benefit plan reported by Jovia Financial Credit Union under EIN 11-1644859 and plan number 001. The latest loaded filing year is 2023. The filing reports 443 participants and $39,396,176 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$39.4MPlan net assets, end of year$39,396,176
Participants443Covered participants reported
Assets / participant$88.9KComputed: assets ÷ participants$88,930 (computed)
Provider compensation$19.2K2 Schedule C provider row(s)$19,245
- Plan sponsor
- Jovia Financial Credit Union
- EIN
- 11-1644859
- Plan number
- 001
- Plan type
- 2
- Location
- Westbury, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 443 | H, C | 20241011152356NAL0039286832001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$39.4M total assets
Net assets$39.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $39,396,176
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,396,176
- Net assets (BOY)
- $33,787,200
Income & contributions
- Employer contributions
- $4,505,030
- Total contributions
- $4,505,030
- Total income / additions
- $6,004,847
Expenses & distributions
- Benefits paid
- $376,626
- Administrative expenses
- $19,245
- Total expenses
- $395,871
- Net increase / (decrease)
- $5,608,976
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $12,609 | $0 | 2023 |
| Members Capital Advisors, Inc | NONE | $6,636 | not reported in the loaded dataset | 2023 |