2023 Form 5500 filing — Credit Union 1 401(K) Retirement 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 20240710135724NAL0009638995001) for Credit Union 1 401(K) Retirement Plan, reported by Credit Union 1 under EIN 37-0767435 and plan number 001. It reports 454 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)$27.5MReported net assets$27,476,488
Participants454
Provider compensation$23.9K1 Schedule C row(s)$23,919
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240710135724NAL0009638995001
Plan sponsor
Credit Union 1
EIN
37-0767435
Plan number
001
Location
Rantoul, IL
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)$27.5M total assets
Net assets$27.5MLiabilities$0
Money in vs. money out
Total income / additions$7.4M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
Employer$1.2M
Participant$1.4M
Full reported line items
Total assets (EOY)
$27,476,488
Total liabilities (EOY)
$0
Net assets (EOY)
$27,476,488
Employer contributions
$1,171,337
Participant contributions
$1,411,677
Total income / additions
$7,381,666
Benefits paid
$2,487,685
Administrative expenses
$23,919
Total expenses
$2,528,153
Net increase / (decrease)
$4,853,513

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Minnesota Life Insurance CompanyNONE$23,919$0

Related Form 5500 pages