Christian Financial Credit Union Employees 401(K) & Profit Sharing Plan — Form 5500 plan (Christian Financial 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, Christian Financial Credit Union Employees 401(K) & Profit Sharing Plan is a benefit plan reported by Christian Financial Credit Union under EIN 38-1418180 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $22,252,584 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Christian Financial Credit Union
- EIN
- 38-1418180
- Plan number
- 001
- Plan type
- 2
- Location
- Sterling Heights, MI
- Latest filing year
- 2023
- Participants
- 220
- End-of-year plan assets
- $22,252,584
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 220 | H, C | 20240723134812NAL0007340019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,252,584
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,252,584
- Net assets (BOY)
- $18,538,886
Income & contributions
- Employer contributions
- $725,823
- Participant contributions
- $970,768
- Total contributions
- $1,696,591
- Total income / additions
- $4,880,812
Expenses & distributions
- Benefits paid
- $1,131,756
- Administrative expenses
- $35,358
- Total expenses
- $1,167,114
- Net increase / (decrease)
- $3,713,698
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ascensus LLC | NONE | $35,358 | $0 | 2023 |