Nusenda Federal Credit Union 401(K) 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 401(K) Plan is a benefit plan reported by Nusenda Federal Credit Union under EIN 85-0105773 and plan number 002. The latest loaded filing year is 2023. The filing reports 921 participants and $25,545,258 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25.5MPlan net assets, end of year$25,545,258
Participants921Covered participants reported
Assets / participant$27.7KComputed: assets ÷ participants$27,736 (computed)
Provider compensation$64.7K2 Schedule C provider row(s)$64,669
- Plan sponsor
- Nusenda Federal Credit Union
- EIN
- 85-0105773
- Plan number
- 002
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 921 | H, C | 20241014171106NAL0053303026001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$25.5M total assets
Net assets$25.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $25,545,258
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,545,258
- Net assets (BOY)
- $20,310,403
Income & contributions
- Employer contributions
- $336,543
- Participant contributions
- $2,511,266
- Total contributions
- $3,146,923
- Total income / additions
- $6,655,183
Expenses & distributions
- Benefits paid
- $1,332,193
- Administrative expenses
- $64,669
- Total expenses
- $1,420,328
- Net increase / (decrease)
- $5,234,855
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $43,044 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $21,625 | not reported in the loaded dataset | 2023 |