Frankenmuth Credit Union 401(K) Retirement Savings — Form 5500 plan (Frankenmuth 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, Frankenmuth Credit Union 401(K) Retirement Savings is a benefit plan reported by Frankenmuth Credit Union under EIN 38-1796409 and plan number 002. The latest loaded filing year is 2023. The filing reports 483 participants and $29,821,625 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Frankenmuth Credit Union
- EIN
- 38-1796409
- Plan number
- 002
- Plan type
- 2
- Location
- Frankenmuth, MI
- Latest filing year
- 2023
- Participants
- 483
- End-of-year plan assets
- $29,821,625
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 483 | H, C | 20241015140656NAL0029911809001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,821,625
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,821,625
- Net assets (BOY)
- $24,466,457
Income & contributions
- Employer contributions
- $1,346,208
- Participant contributions
- $2,141,724
- Total contributions
- $3,573,376
- Total income / additions
- $7,355,398
Expenses & distributions
- Benefits paid
- $1,888,504
- Administrative expenses
- $106,160
- Total expenses
- $2,000,230
- Net increase / (decrease)
- $5,355,168
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $59,745 | $0 | 2023 |
| Morningstar Investment Management | SERVICE PROVIDER | $46,415 | not reported in the loaded dataset | 2023 |