2023 Form 5500 filing — Genisys Credit Union 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240701143021NAL0005506496001) for Genisys Credit Union 401(K) Plan, reported by Genisys Credit Union under EIN 38-1445060 and plan number 002. It reports 624 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$61.6MReported net assets$61,562,414
Participants624
Provider compensation$110.8K3 Schedule C row(s)$110,754
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240701143021NAL0005506496001
Plan sponsor
Genisys Credit Union
EIN
38-1445060
Plan number
002
Location
Auburn Hills, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$61.6M total assets
Net assets$61.6MLiabilities$0
Money in vs. money out
Total income / additions$12.9M
Total expenses$3.7M
Benefits paid / distributions$3.6M
Contributions
Employer$1.8M
Participant$2.1M
Full reported line items
Total assets (EOY)
$61,562,414
Total liabilities (EOY)
$0
Net assets (EOY)
$61,562,414
Employer contributions
$1,751,256
Participant contributions
$2,097,997
Total income / additions
$12,939,121
Benefits paid
$3,605,959
Administrative expenses
$115,729
Total expenses
$3,721,688
Net increase / (decrease)
$9,217,433
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $70.8K · Indirect $0
  2. 2
    CONSULTANT · Direct $20K
  3. 3
    CONSULTANT · Direct $20K

Related Form 5500 pages