Soarion Credit Union 401(K) Plan And Trust — Form 5500 plan (Soarion 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, Soarion Credit Union 401(K) Plan And Trust is a benefit plan reported by Soarion Federal Credit Union under EIN 74-1181644 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $2,510,938 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2.5MPlan net assets, end of year$2,510,938
Participants139Covered participants reported
Assets / participant$18.1KComputed: assets ÷ participants$18,064 (computed)
Provider compensation$2.3K1 Schedule C provider row(s)$2,348
- Plan sponsor
- Soarion Federal Credit Union
- EIN
- 74-1181644
- Plan number
- 002
- Plan type
- 2
- Location
- San Antonio, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20241011121318NAL0036874192001 |
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)$2.5M total assets
Net assets$2.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $2,510,938
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,510,938
- Net assets (BOY)
- $2,270,325
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $221,306
- Total contributions
- $291,405
- Total income / additions
- $652,826
Expenses & distributions
- Benefits paid
- $407,872
- Administrative expenses
- $4,341
- Total expenses
- $412,213
- Net increase / (decrease)
- $240,613
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.
100%
Employer 0%Participant 100%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income62%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $2,348 | $0 | 2023 |