Georgia'S Own Credit Union Employees Savings Plan & Trust — Form 5500 plan (Georgia'S Own 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, Georgia'S Own Credit Union Employees Savings Plan & Trust is a benefit plan reported by Georgia'S Own Credit Union under EIN 58-0147128 and plan number 002. The latest loaded filing year is 2023. The filing reports 823 participants and $72,540,358 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$72.5MPlan net assets, end of year$72,540,358
Participants823Covered participants reported
Assets / participant$88.1KComputed: assets ÷ participants$88,141 (computed)
Provider compensation$45.6K2 Schedule C provider row(s)$45,567
Plan sponsor
Georgia'S Own Credit Union
EIN
58-0147128
Plan number
002
Plan type
2
Location
Atlanta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023823H, C20240717073819NAL0002355923001
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)$72.5M total assets
Net assets$72.5MLiabilities$0
Money in vs. money out
Total income / additions$23.7M
Total expenses$7.3M
Benefits paid / distributions$7.3M
Contributions
Employer$5.7M
Participant$4.7M
Full reported line items

Net assets

Total assets (EOY)
$72,540,358
Total liabilities (EOY)
$0
Net assets (EOY)
$72,540,358
Net assets (BOY)
$56,164,895

Income & contributions

Employer contributions
$5,691,622
Participant contributions
$4,687,475
Total contributions
$11,883,919
Total income / additions
$23,687,563

Expenses & distributions

Benefits paid
$7,266,533
Administrative expenses
$45,567
Total expenses
$7,312,100
Net increase / (decrease)
$16,375,463

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lpl FinancialCONSULTANT$30,601not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$14,966$02023

Related Form 5500 pages