Ithink Financial Credit Union Cash Balance Defined Benefit Plan And Trust — Form 5500 plan (Ithink 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, Ithink Financial Credit Union Cash Balance Defined Benefit Plan And Trust is a benefit plan reported by Ithink Financial Credit Union under EIN 59-1286880 and plan number 001. The latest loaded filing year is 2023. The filing reports 445 participants and $43,454,208 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ithink Financial Credit Union
EIN
59-1286880
Plan number
001
Plan type
2
Location
Delray Beach, FL
Latest filing year
2023
Participants
445
End-of-year plan assets
$43,454,208

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023445H, C20240725163904NAL0024736592001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$43,454,208
Total liabilities (EOY)
$0
Net assets (EOY)
$43,454,208
Net assets (BOY)
$45,674,961

Income & contributions

Total contributions
$0
Total income / additions
$5,351,868

Expenses & distributions

Benefits paid
$7,493,574
Administrative expenses
$79,047
Total expenses
$7,572,621
Net increase / (decrease)
-$2,220,753

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cmfg Life Insurance CompanyNONE$47,428$02023
Members Capital Advisors, Inc.NONE$31,619not reported in the loaded dataset2023

Related Form 5500 pages