Veridian Credit Union 401(K) Plan And Trust — Form 5500 plan (Veridian 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, Veridian Credit Union 401(K) Plan And Trust is a benefit plan reported by Veridian Credit Union under EIN 42-1132695 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,172 participants and $170,621,119 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Veridian Credit Union
EIN
42-1132695
Plan number
002
Plan type
2
Location
Cedar Falls, IA
Latest filing year
2023
Participants
1,172
End-of-year plan assets
$170,621,119

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,172H, C20240918144451NAL0001755683001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$170,621,119
Total liabilities (EOY)
$0
Net assets (EOY)
$170,621,119
Net assets (BOY)
$140,130,244

Income & contributions

Employer contributions
$7,717,618
Participant contributions
$4,768,885
Total contributions
$13,995,582
Total income / additions
$39,176,980

Expenses & distributions

Benefits paid
$8,402,618
Administrative expenses
$276,663
Total expenses
$8,686,105
Net increase / (decrease)
$30,490,875

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners LLC Dba CaptrINVESTMENT ADVISOR$180,582not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$36,713$02023
Empower Advisory Group, LLCINVESTMENT MGMT$32,893not reported in the loaded dataset2023
Rsm Us LlpAUDITOR$15,815not reported in the loaded dataset2023

Related Form 5500 pages