Credit Union Of Texas 401(K) Plan — Form 5500 plan (Credit Union Of Texas)
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, Credit Union Of Texas 401(K) Plan is a benefit plan reported by Credit Union Of Texas under EIN 75-0225045 and plan number 003. The latest loaded filing year is 2023. The filing reports 614 participants and $21,724,286 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Credit Union Of Texas
- EIN
- 75-0225045
- Plan number
- 003
- Plan type
- 2
- Location
- Allen, TX
- Latest filing year
- 2023
- Participants
- 614
- End-of-year plan assets
- $21,724,286
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 614 | H, C | 20240726085917NAL0015187825001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,724,286
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,724,286
- Net assets (BOY)
- $16,263,157
Income & contributions
- Employer contributions
- $1,418,323
- Participant contributions
- $2,098,123
- Total contributions
- $3,737,047
- Total income / additions
- $6,741,692
Expenses & distributions
- Benefits paid
- $1,198,268
- Administrative expenses
- $82,295
- Total expenses
- $1,280,563
- Net increase / (decrease)
- $5,461,129
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $48,660 | $0 | 2023 |
| Creative Planning, Inc. | INVESTMENT ADVISORY | $33,583 | $48 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Creative Planning, LLC | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Credit Union Of Texas
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Allen, TX
- Principal Life Insurance Company — Schedule C compensation
- Creative Planning, Inc. — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Creative Planning, LLC — Schedule C compensation