Plan5500

Avadian Credit Union Defined Benefit Plan — Form 5500 plan (Avadian 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, Avadian Credit Union Defined Benefit Plan is a benefit plan reported by Avadian Credit Union under EIN 63-0207315 and plan number 001. The latest loaded filing year is 2023. The filing reports 235 participants and $34,800,007 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Avadian Credit Union
EIN
63-0207315
Plan number
001
Plan type
2
Location
Birmingham, AL
Latest filing year
2023
Participants
235
End-of-year plan assets
$34,800,007

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023235H, C20241014151729NAL0045057680001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,800,007
Total liabilities (EOY)
$0
Net assets (EOY)
$34,800,007
Net assets (BOY)
$31,849,876

Income & contributions

Total contributions
$0
Total income / additions
$4,158,595

Expenses & distributions

Benefits paid
$1,095,165
Administrative expenses
$113,299
Total expenses
$1,208,464
Net increase / (decrease)
$2,950,131

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fid Inv Inst Ops CoNONE$47,580not reported in the loaded dataset2023
Standard Retirement ServicesNONE$29,667not reported in the loaded dataset2023
Capfinancial Partners, LLCNONE$20,000$02023
Gallagher Benefit Services, Inc.NONE$16,053not reported in the loaded dataset2023

Related Form 5500 pages