Department of Labor filing

BROADVIEW FEDERAL CREDIT UNION

CAPITAL COMMUNICATIONS FEDERAL CREDIT UNION RETIREMENT PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Oct 13, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

72filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$7,045

Reported employer contributions per active participant.

Higher than about 94% of comparable plans
#People in the filing
427

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$286 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 20% of comparable plans
Investment performance
Not available

Plan assets changed -16.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202272out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions94th percentileTypical peer $2,945 · based on 1,528 comparable plans
Lower reported administrative expense20th percentileTypical peer $155 · based on 1,551 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2022, BROADVIEW FEDERAL CREDIT UNION reported $3,008,055 in employer contributions across the plan and 427 active participants. That works out to $7,045 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy83%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context72/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$3,008,055
Participant contributions
$2,987,235
Other contributions
$631,307
Employer share of reported contributions
50.2%
Beginning assets
$83,540,746
Ending assets
$69,852,363
Ending net assets
$69,852,363
Ending liabilities
$0
Total income
-$8,320,335
Total expenses
$5,368,048
Administrative expenses
$149,931
Participant loans
$1,691,533

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$7,045
Plan-paid administrative expenses per participant
2022
$286
Active participants
2022
427
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$7,04542769.9M20231013135459NAL0021995667001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
2.4%
Independent accountant’s opinion
Not stated in the filing
Late participant contributions reported
Yes
Public plan identifier
141407700-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Oct 1, 1997
Industry
Finance and insurance
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
PRINCIPAL LIFE INSURANCE COMPANY2022Not reportedunknown

Current plan terms

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Filing ACK_ID20231013135459NAL0021995667001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗