2023 Form 5500 filing — Wescom Credit Union 401(K) Retirement 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 20241015185759NAL0030693073001) for Wescom Credit Union 401(K) Retirement Plan, reported by Wescom Central Credit Union under EIN 95-1288265 and plan number 002. It reports 1,188 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)$147.3MReported net assets$147,306,344
Participants1.2K1,188
Provider compensation$130.2K3 Schedule C row(s)$130,165
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015185759NAL0030693073001
- Plan sponsor
- Wescom Central Credit Union
- EIN
- 95-1288265
- Plan number
- 002
- Location
- Pasadena, CA
- 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)$147.3M total assets
Net assets$147.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $147,306,344
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $147,306,344
- Employer contributions
- $5,673,938
- Participant contributions
- $7,225,702
- Total income / additions
- $34,010,987
- Benefits paid
- $9,683,048
- Administrative expenses
- $130,165
- Total expenses
- $9,841,168
- Net increase / (decrease)
- $24,169,819
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $82,492 | $0 |
| Sageview Advisory Group, LLC | CONSULTANT | $32,500 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $15,173 | not reported in the loaded dataset |