Alabama One Credit Union 401(K) Plan — Form 5500 plan (Alabama One 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, Alabama One Credit Union 401(K) Plan is a benefit plan reported by Alabama One Credit Union under EIN 63-0353833 and plan number 004. The latest loaded filing year is 2023. The filing reports 284 participants and $13,434,130 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Alabama One Credit Union
- EIN
- 63-0353833
- Plan number
- 004
- Plan type
- 2
- Location
- Tuscaloosa, AL
- Latest filing year
- 2023
- Participants
- 284
- End-of-year plan assets
- $13,434,130
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 284 | H, C | 20241015093939NAL0016073283001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,434,130
- Total liabilities (EOY)
- $1,614
- Net assets (EOY)
- $13,432,516
- Net assets (BOY)
- $10,714,271
Income & contributions
- Employer contributions
- $1,229,832
- Participant contributions
- $680,156
- Total contributions
- $1,998,016
- Total income / additions
- $3,931,349
Expenses & distributions
- Benefits paid
- $1,151,764
- Administrative expenses
- $59,726
- Total expenses
- $1,213,104
- Net increase / (decrease)
- $2,718,245
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley | ADVISOR | $28,795 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORD-KEEPER | $25,187 | $0 | 2023 |
| Newport Trust Company | TRUSTEE | $5,744 | $0 | 2023 |