2023 Form 5500 filing — Redwood Credit Union Target Benefit 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 20241010110534NAL0020867473001) for Redwood Credit Union Target Benefit Plan, reported by Redwood Credit Union under EIN 94-1244186 and plan number 002. It reports 156 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010110534NAL0020867473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Redwood Credit Union
- EIN
- 94-1244186
- Plan number
- 002
- Location
- Santa Rosa, CA
- Participants
- 156
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $32,831,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,831,528
- Employer contributions
- $1,722,515
- Total income / additions
- $6,941,250
- Benefits paid
- $846,521
- Administrative expenses
- $40,729
- Total expenses
- $887,250
- Net increase / (decrease)
- $6,054,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman | NONE | $38,627 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $2,102 | $0 |
| Charles Schwab & Co. Inc. | NONE | $0 | $0 |