Alabama Credit Union Capital Accumulation Plan — Form 5500 plan (Alabama 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 Credit Union Capital Accumulation Plan is a benefit plan reported by Alabama Credit Union under EIN 63-0440014 and plan number 001. The latest loaded filing year is 2023. The filing reports 366 participants and $30,706,612 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Alabama Credit Union
- EIN
- 63-0440014
- Plan number
- 001
- Plan type
- 2
- Location
- Tuscaloosa, AL
- Latest filing year
- 2023
- Participants
- 366
- End-of-year plan assets
- $30,706,612
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 366 | H, C | 20241011090357NAL0012307123001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,706,612
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,706,612
- Net assets (BOY)
- $24,416,387
Income & contributions
- Employer contributions
- $1,775,822
- Participant contributions
- $1,595,172
- Total contributions
- $3,416,482
- Total income / additions
- $7,204,226
Expenses & distributions
- Benefits paid
- $900,709
- Administrative expenses
- $13,280
- Total expenses
- $914,001
- Net increase / (decrease)
- $6,290,225
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $148,853 | not reported in the loaded dataset | 2023 |