Triangle Credit Union 401(K) Savings Plan — Form 5500 plan (Triangle Credit Union)
Plain-English plan 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, Triangle Credit Union 401(K) Savings Plan is a benefit plan reported by Triangle Credit Union under EIN 02-0223137 and plan number 002. The latest loaded filing year is 2023. The filing reports 196 participants and $4,927,881 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.9MPlan net assets, end of year$4,927,881
Participants196Covered participants reported
Assets / participant$25.1KComputed: assets ÷ participants$25,142 (computed)
Provider compensation$2.9K1 Schedule C provider row(s)$2,901
- Plan sponsor
- Triangle Credit Union
- EIN
- 02-0223137
- Plan number
- 002
- Plan type
- 2
- Location
- Nashua, NH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 196 | H, C | 20241015112845NAL0029403313001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$4.9M total assets
Net assets$4.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $4,927,881
- Net assets (EOY)
- $4,927,881
- Net assets (BOY)
- $4,697,925
Income & contributions
- Participant contributions
- $532,247
- Total contributions
- $532,247
- Total income / additions
- $1,393,335
Expenses & distributions
- Benefits paid
- $1,132,484
- Administrative expenses
- $30,895
- Total expenses
- $1,163,379
- Net increase / (decrease)
- $229,956
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income81%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $2,901 | $0 | 2023 |