2023 Form 5500 filing — First Tech Federal Credit Union Employees Qualified Savings 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 20241003180027NAL0005992995001) for First Tech Federal Credit Union Employees Qualified Savings Plan, reported by First Tech Federal Credit Union under EIN 23-7062675 and plan number 003. It reports 2,358 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003180027NAL0005992995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Tech Federal Credit Union
- EIN
- 23-7062675
- Plan number
- 003
- Location
- Hillsboro, OR
- Participants
- 2,358
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $227,863,748
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $227,863,748
- Employer contributions
- $9,067,100
- Participant contributions
- $13,609,000
- Total income / additions
- $60,586,242
- Benefits paid
- $16,622,411
- Administrative expenses
- $46,494
- Total expenses
- $16,670,683
- Net increase / (decrease)
- $43,915,559
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stancorp Financial Group | NONE | $191,217 | $149 |