Family Security Credit Union 401(K) Plan — Form 5500 plan (Family Security 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, Family Security Credit Union 401(K) Plan is a benefit plan reported by Family Security Credit Union under EIN 63-0757453 and plan number 002. The latest loaded filing year is 2023. The filing reports 197 participants and $12,349,459 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Family Security Credit Union
- EIN
- 63-0757453
- Plan number
- 002
- Plan type
- 2
- Location
- Decatur, AL
- Latest filing year
- 2023
- Participants
- 197
- End-of-year plan assets
- $12,349,459
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241002135915NAL0004056947001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,349,459
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,349,459
- Net assets (BOY)
- $10,131,681
Income & contributions
- Employer contributions
- $388,662
- Participant contributions
- $458,676
- Total contributions
- $990,060
- Total income / additions
- $2,755,834
Expenses & distributions
- Benefits paid
- $506,474
- Administrative expenses
- $31,582
- Total expenses
- $538,056
- Net increase / (decrease)
- $2,217,778
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $21,955 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $9,627 | not reported in the loaded dataset | 2023 |