Nusenda Federal Credit Union Cash Balance Defined Benefit Plan — Form 5500 plan (Nusenda 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, Nusenda Federal Credit Union Cash Balance Defined Benefit Plan is a benefit plan reported by Nusenda Federal Credit Union under EIN 85-0105773 and plan number 001. The latest loaded filing year is 2023. The filing reports 775 participants and $81,866,109 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Nusenda Federal Credit Union
- EIN
- 85-0105773
- Plan number
- 001
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
- Participants
- 775
- End-of-year plan assets
- $81,866,109
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 775 | H, C | 20241011135825NAL0022884513001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $81,866,109
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $81,866,109
- Net assets (BOY)
- $68,040,592
Income & contributions
- Employer contributions
- $5,393,387
- Total contributions
- $5,393,387
- Total income / additions
- $16,059,777
Expenses & distributions
- Benefits paid
- $2,024,263
- Administrative expenses
- $209,997
- Total expenses
- $2,234,260
- Net increase / (decrease)
- $13,825,517
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $196,582 | not reported in the loaded dataset | 2023 |
| Trusteed Retirement Program | NONE | $13,415 | not reported in the loaded dataset | 2023 |