Abound Federal Credit Union Defined Benefit Plan And Trust — Form 5500 plan (Abound 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, Abound Federal Credit Union Defined Benefit Plan And Trust is a benefit plan reported by Abound Federal Credit Union under EIN 61-0549068 and plan number 001. The latest loaded filing year is 2023. The filing reports 464 participants and $33,918,163 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Abound Federal Credit Union
EIN
61-0549068
Plan number
001
Plan type
2
Location
Radcliff, KY
Latest filing year
2023
Participants
464
End-of-year plan assets
$33,918,163

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023464H, C20241015140700NAL0029912145001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,918,163
Total liabilities (EOY)
$0
Net assets (EOY)
$33,918,163
Net assets (BOY)
$29,750,056

Income & contributions

Total contributions
$0
Total income / additions
$4,732,991

Expenses & distributions

Benefits paid
$491,462
Administrative expenses
$73,422
Total expenses
$564,884
Net increase / (decrease)
$4,168,107

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cmfg Life Insurance CompanyNONE$44,053$02023
Members Capital Advisors, Inc.NONE$29,369not reported in the loaded dataset2023

Related Form 5500 pages