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, Hvcu 401(K) Plan is a benefit plan reported by Hudson Valley Credit Union under EIN 14-1471439 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,384 participants and $78,639,330 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $78,639,330
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $78,639,330
- Net assets (BOY)
- $64,108,678
Income & contributions
- Employer contributions
- $2,657,931
- Participant contributions
- $4,642,251
- Total contributions
- $8,540,952
- Total income / additions
- $20,207,599
Expenses & distributions
- Benefits paid
- $5,631,847
- Administrative expenses
- $34,889
- Total expenses
- $5,676,947
- Net increase / (decrease)
- $14,530,652