Mccoy Federal Credit Union 401(K) Plan — Form 5500 plan (Mccoy Federal 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, Mccoy Federal Credit Union 401(K) Plan is a benefit plan reported by Mccoy Federal Credit Union under EIN 59-0772729 and plan number 001. The latest loaded filing year is 2023. The filing reports 274 participants and $14,570,021 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mccoy Federal Credit Union
- EIN
- 59-0772729
- Plan number
- 001
- Plan type
- 2
- Location
- Orlando, FL
- Latest filing year
- 2023
- Participants
- 274
- End-of-year plan assets
- $14,570,021
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 274 | H, C | 20241015093425NAL0014321971001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,570,021
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,570,021
- Net assets (BOY)
- $15,806,515
Income & contributions
- Employer contributions
- $468,665
- Participant contributions
- $458,112
- Total contributions
- $926,777
- Total income / additions
- $3,221,340
Expenses & distributions
- Benefits paid
- $4,420,038
- Administrative expenses
- $37,796
- Total expenses
- $4,457,834
- Net increase / (decrease)
- -$1,236,494
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $27,524 | $0 | 2023 |
| Janet A Panebianco, Ca, Pllc | CONTRACT ADMINISTRATOR | $5,151 | $13,440 | 2023 |
| Transamerica Life Insurance Company | RECORDKEEPER | $2,996 | $0 | 2023 |
| Bsp Consulting | RECORDKEEPER | $2,125 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mccoy Federal Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Orlando, FL
- Principal Life Insurance Company — Schedule C compensation
- Janet A Panebianco, Ca, Pllc — Schedule C compensation
- Transamerica Life Insurance Company — Schedule C compensation
- Bsp Consulting — Schedule C compensation