Generations Community Federal Credit Union 401(K) Plan — Form 5500 plan (Generations Community 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, Generations Community Federal Credit Union 401(K) Plan is a benefit plan reported by Generations Community Federal Credit Union under EIN 74-1117333 and plan number 001. The latest loaded filing year is 2023. The filing reports 254 participants and $14,442,801 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$14.4MPlan net assets, end of year$14,442,801
Participants254Covered participants reported
Assets / participant$56.9KComputed: assets ÷ participants$56,861 (computed)
Provider compensation$43K2 Schedule C provider row(s)$43,029
- Plan sponsor
- Generations Community Federal Credit Union
- EIN
- 74-1117333
- Plan number
- 001
- Plan type
- 2
- Location
- San Antonio, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 254 | H, C | 20240923135622NAL0020539504001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$14.4M total assets
Net assets$14.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $14,442,801
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,442,801
- Net assets (BOY)
- $13,966,678
Income & contributions
- Employer contributions
- $582,705
- Participant contributions
- $794,179
- Total contributions
- $1,415,563
- Total income / additions
- $3,851,127
Expenses & distributions
- Benefits paid
- $3,331,975
- Administrative expenses
- $43,029
- Total expenses
- $3,375,004
- Net increase / (decrease)
- $476,123
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
42%58%
Employer 42%Participant 58%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income87%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | INV. MANAGEMENT | $37,723 | $0 | 2023 |
| Fid Inv Inst Ops Co | RECORDKEEPER | $5,306 | not reported in the loaded dataset | 2023 |