Centric Federal Credit Union 401(K) Plan And Trust — Form 5500 plan (Centric Federal 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, Centric Federal Credit Union 401(K) Plan And Trust is a benefit plan reported by Centric Federal Credit Union under EIN 72-0488612 and plan number 002. The latest loaded filing year is 2023. The filing reports 121 participants and $6,823,563 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Centric Federal Credit Union
- EIN
- 72-0488612
- Plan number
- 002
- Plan type
- 2
- Location
- West Monroe, LA
- Latest filing year
- 2023
- Participants
- 121
- End-of-year plan assets
- $6,823,563
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 121 | H, C | 20241120140851NAL0002091395001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,823,563
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,823,563
- Net assets (BOY)
- $5,896,416
Income & contributions
- Employer contributions
- $226,736
- Participant contributions
- $292,541
- Total contributions
- $536,623
- Total income / additions
- $1,455,808
Expenses & distributions
- Benefits paid
- $501,117
- Administrative expenses
- $27,544
- Total expenses
- $528,661
- Net increase / (decrease)
- $927,147
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $26,679 | $0 | 2023 |