Sovita Credit Union Cash Balance Defined Benefit Plan And Trust — Form 5500 plan (Sovita 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, Sovita Credit Union Cash Balance Defined Benefit Plan And Trust is a benefit plan reported by Sovita Credit Union under EIN 38-0546210 and plan number 001. The latest loaded filing year is 2023. The filing reports 122 participants and $14,123,195 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sovita Credit Union
EIN
38-0546210
Plan number
001
Plan type
2
Location
Flint, MI
Latest filing year
2023
Participants
122
End-of-year plan assets
$14,123,195

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023122H, C20250411115005NAL0035950576001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,123,195
Total liabilities (EOY)
$0
Net assets (EOY)
$14,123,195
Net assets (BOY)
$13,844,169

Income & contributions

Total contributions
$0
Total income / additions
$1,029,637

Expenses & distributions

Benefits paid
$704,881
Administrative expenses
$45,730
Total expenses
$750,611
Net increase / (decrease)
$279,026

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cmfg Life Insurance CompanyNONE$44,736$02023
Members Capital Advisors, Inc.NONE$994not reported in the loaded dataset2023

Related Form 5500 pages