2023 Form 5500 filing — Credit Union Of Texas 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 20240726085917NAL0015187825001) for Credit Union Of Texas 401(K) Plan, reported by Credit Union Of Texas under EIN 75-0225045 and plan number 003. It reports 614 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726085917NAL0015187825001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Credit Union Of Texas
- EIN
- 75-0225045
- Plan number
- 003
- Location
- Allen, TX
- Participants
- 614
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,724,286
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,724,286
- Employer contributions
- $1,418,323
- Participant contributions
- $2,098,123
- Total income / additions
- $6,741,692
- Benefits paid
- $1,198,268
- Administrative expenses
- $82,295
- Total expenses
- $1,280,563
- Net increase / (decrease)
- $5,461,129
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $48,660 | $0 |
| Creative Planning, Inc. | INVESTMENT ADVISORY | $33,583 | $48 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Creative Planning, LLC | INV ADV, PARTICIPANTS | $0 | $0 |