Pelican State Credit Union Capital Accumulation Plan — Form 5500 plan (Pelican State 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, Pelican State Credit Union Capital Accumulation Plan is a benefit plan reported by Pelican State Credit Union under EIN 72-0498240 and plan number 001. The latest loaded filing year is 2023. The filing reports 386 participants and $21,423,856 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pelican State Credit Union
- EIN
- 72-0498240
- Plan number
- 001
- Plan type
- 2
- Location
- Baton Rouge, LA
- Latest filing year
- 2023
- Participants
- 386
- End-of-year plan assets
- $21,423,856
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 386 | H, C | 20241015164535NAL0030387393001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,423,856
- Total liabilities (EOY)
- $409
- Net assets (EOY)
- $21,423,447
- Net assets (BOY)
- $17,278,493
Income & contributions
- Employer contributions
- $1,608,488
- Participant contributions
- $1,375,885
- Total contributions
- $3,168,261
- Total income / additions
- $6,071,177
Expenses & distributions
- Benefits paid
- $1,779,744
- Administrative expenses
- $143,691
- Total expenses
- $1,926,223
- Net increase / (decrease)
- $4,144,954
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $76,926 | $0 | 2023 |
| Bank Of America Na | INVESTMENT ADVISORY PLAN | $44,140 | not reported in the loaded dataset | 2023 |
| Sentinel Pension, LLC | THIRD PARTY ADMINSTRATOR | $22,632 | $0 | 2023 |