2023 Form 5500 filing — Elga Credit Union Employee'S 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 20241008102253NAL0016444225001) for Elga Credit Union Employee'S 401(K) Plan, reported by Elga Credit Union under EIN 38-1441242 and plan number 001. It reports 255 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008102253NAL0016444225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Elga Credit Union
- EIN
- 38-1441242
- Plan number
- 001
- Location
- Burton, MI
- Participants
- 255
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,238,943
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,238,943
- Employer contributions
- $1,082,622
- Participant contributions
- $1,226,708
- Total income / additions
- $6,379,705
- Benefits paid
- $619,296
- Administrative expenses
- $77,722
- Total expenses
- $697,018
- Net increase / (decrease)
- $5,682,687
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kestra Investment Services LLC | ADVISOR | $83,489 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$5,767 | $0 |