State Employees' Credit Union Retirement Savings Plan — Form 5500 plan (State Employees' 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, State Employees' Credit Union Retirement Savings Plan is a benefit plan reported by State Employees' Credit Union under EIN 56-0475645 and plan number 001. The latest loaded filing year is 2023. The filing reports 9,813 participants and $1,328,111,998 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
State Employees' Credit Union
EIN
56-0475645
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
9,813
End-of-year plan assets
$1,328,111,998

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,813H, C20240927161607NAL0002374481001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,328,111,998
Total liabilities (EOY)
$341
Net assets (EOY)
$1,328,111,657
Net assets (BOY)
$1,069,511,439

Income & contributions

Employer contributions
$53,584,203
Participant contributions
$53,001,724
Total contributions
$111,179,583
Total income / additions
$315,308,659

Expenses & distributions

Benefits paid
$56,106,670
Administrative expenses
$509,145
Total expenses
$56,708,441
Net increase / (decrease)
$258,600,218

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$436,784$02023
Capfinancial Partners, LLCINVESTMENT ADVISOR$73,485not reported in the loaded dataset2023

Related Form 5500 pages