Kinetic Credit Union 401(K) Plan And Trust — Form 5500 plan (Kinetic 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, Kinetic Credit Union 401(K) Plan And Trust is a benefit plan reported by Kinetic Credit Union under EIN 58-0667515 and plan number 002. The latest loaded filing year is 2023. The filing reports 175 participants and $18,590,911 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kinetic Credit Union
- EIN
- 58-0667515
- Plan number
- 002
- Plan type
- 2
- Location
- Columbus, GA
- Latest filing year
- 2023
- Participants
- 175
- End-of-year plan assets
- $18,590,911
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 175 | H, C | 20240911105130NAL0003580243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,590,911
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,590,911
- Net assets (BOY)
- $15,254,187
Income & contributions
- Employer contributions
- $729,092
- Participant contributions
- $503,515
- Total contributions
- $1,232,607
- Total income / additions
- $3,590,771
Expenses & distributions
- Benefits paid
- $194,505
- Administrative expenses
- $59,542
- Total expenses
- $254,047
- Net increase / (decrease)
- $3,336,724
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $45,138 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $14,404 | not reported in the loaded dataset | 2023 |