2023 Form 5500 filing — Members Cooperative 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 20241012110109NAL0023393345001) for Members Cooperative Credit Union 401(K) Savings Plan, reported by Members Cooperative Credit Union under EIN 41-0195345 and plan number 033. It reports 382 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)$30.3MReported net assets$30,269,741

Participants382

Provider compensation$81.3K2 Schedule C row(s)$81,343

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241012110109NAL0023393345001
Plan sponsor: Members Cooperative Credit Union
EIN: 41-0195345
Plan number: 033
Location: Duluth, MN
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$30.3M total assets

Net assets$30.3MLiabilities$0

Money in vs. money out

Total income / additions$6.7M

Total expenses$2.8M

Benefits paid / distributions$2.7M

Contributions

Employer$1.1M

Participant$1.3M

Full reported line items

Total assets (EOY): $30,269,741
Total liabilities (EOY): $0
Net assets (EOY): $30,269,741
Employer contributions: $1,088,359
Participant contributions: $1,307,677
Total income / additions: $6,676,188
Benefits paid: $2,718,390
Administrative expenses: $81,343
Total expenses: $2,799,733
Net increase / (decrease): $3,876,455

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Empower Annuity Insurance Company O$80.8K
RECORDKEEPER · Direct $80.8K · Indirect $0
2
Empower Advisory Group, LLC$504
INVESTMENT MGMT · Direct $504

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241012110109NAL0023393345001 cover?: It is the 2023 Form 5500 filing for Members Cooperative Credit Union 401(K) Savings Plan, reported by Members Cooperative Credit Union (EIN 41-0195345).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).