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, Members 1st Federal Credit Union 401(K) Savings Plan is a benefit plan reported by Members 1st Federal Credit Union under EIN 23-1360906 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,513 participants and $133,681,409 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $133,681,409
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $133,681,409
- Net assets (BOY)
- $105,394,708
Income & contributions
- Employer contributions
- $8,399,682
- Participant contributions
- $7,818,680
- Total contributions
- $17,951,185
- Total income / additions
- $39,147,141
Expenses & distributions
- Benefits paid
- $10,601,004
- Administrative expenses
- $259,436
- Total expenses
- $10,860,440
- Net increase / (decrease)
- $28,286,701