2023 Form 5500 filing — Community Choice Credit Union 401(K) 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 20241011131753NAL0012527939001) for Community Choice Credit Union 401(K) Savings Plan, reported by Community Choice Credit Union under EIN 38-0960035 and plan number 001. It reports 527 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)$33.7MReported net assets$33,713,704
Participants527
Provider compensation$114.5K2 Schedule C row(s)$114,529
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011131753NAL0012527939001
Plan sponsor
Community Choice Credit Union
EIN
38-0960035
Plan number
001
Location
Farmington Hills, MI
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)$33.7M total assets
Net assets$33.7MLiabilities$0
Money in vs. money out
Total income / additions$8.6M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$1.1M
Participant$2.1M
Full reported line items
Total assets (EOY)
$33,713,704
Total liabilities (EOY)
$0
Net assets (EOY)
$33,713,704
Employer contributions
$1,100,590
Participant contributions
$2,064,352
Total income / additions
$8,565,011
Benefits paid
$1,951,481
Administrative expenses
$114,529
Total expenses
$2,066,010
Net increase / (decrease)
$6,499,001

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Cpi Qualified Plan Consultants, IncNONE$65,146not reported in the loaded dataset
Lpl Financial LLCNONE$49,383not reported in the loaded dataset

Related Form 5500 pages