2023 Form 5500 filing — Seattle Metropolitan Credit Union 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 20241011103513NAL0012375715001) for Seattle Metropolitan Credit Union 401(K) Plan, reported by Seattle Metro. Credit Union under EIN 91-0176215 and plan number 001. It reports 244 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)$17MReported net assets$16,989,846
Participants244
Provider compensation$5.9K2 Schedule C row(s)$5,949
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011103513NAL0012375715001
Plan sponsor
Seattle Metro. Credit Union
EIN
91-0176215
Plan number
001
Location
Seattle, WA
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)$17M total assets
Net assets$17MLiabilities$0
Money in vs. money out
Total income / additions$4.1M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$389.4K
Participant$866.4K
Full reported line items
Total assets (EOY)
$16,989,846
Total liabilities (EOY)
$0
Net assets (EOY)
$16,989,846
Employer contributions
$389,430
Participant contributions
$866,392
Total income / additions
$4,098,820
Benefits paid
$2,132,337
Administrative expenses
$5,949
Total expenses
$2,140,054
Net increase / (decrease)
$1,958,766

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance Company ORECORDKEEPER$5,690$0
Empower Advisory Group, LLCINVESTMENT MGMT$259not reported in the loaded dataset

Related Form 5500 pages