Suffolk Federal Credit Union Capital Accumulation Plan — Form 5500 plan (Suffolk 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, Suffolk Federal Credit Union Capital Accumulation Plan is a benefit plan reported by Suffolk Credit Union under EIN 11-2200411 and plan number 033. The latest loaded filing year is 2023. The filing reports 275 participants and $13,399,508 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.4MPlan net assets, end of year$13,399,508
Participants275Covered participants reported
Assets / participant$48.7KComputed: assets ÷ participants$48,725 (computed)
Provider compensation$62.1K2 Schedule C provider row(s)$62,059
- Plan sponsor
- Suffolk Credit Union
- EIN
- 11-2200411
- Plan number
- 033
- Plan type
- 2
- Location
- Medford, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 275 | H, C | 20241011165400NAL0012779235001 |
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)$13.4M total assets
Net assets$13.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $13,399,508
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,399,508
- Net assets (BOY)
- $11,407,675
Income & contributions
- Employer contributions
- $932,659
- Participant contributions
- $924,498
- Total contributions
- $2,194,451
- Total income / additions
- $3,962,134
Expenses & distributions
- Benefits paid
- $1,904,589
- Administrative expenses
- $65,712
- Total expenses
- $1,970,301
- Net increase / (decrease)
- $1,991,833
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, LLC | NONE | $35,846 | not reported in the loaded dataset | 2023 |
| Sentinel Pension Advisors | NONE | $26,213 | not reported in the loaded dataset | 2023 |