Silver State Schools Credit Union 401(K) Plan — Form 5500 plan (Silver State Schools 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, Silver State Schools Credit Union 401(K) Plan is a benefit plan reported by Silver State Schools Credit Union under EIN 88-0062898 and plan number 002. The latest loaded filing year is 2023. The filing reports 260 participants and $11,613,762 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.6MPlan net assets, end of year$11,613,762
Participants260Covered participants reported
Assets / participant$44.7KComputed: assets ÷ participants$44,668 (computed)
Provider compensation$80K2 Schedule C provider row(s)$80,000
- Plan sponsor
- Silver State Schools Credit Union
- EIN
- 88-0062898
- Plan number
- 002
- Plan type
- 2
- Location
- Las Vegas, NV
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 260 | H, C | 20241002164757NAL0009167761001 |
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)$11.6M total assets
Net assets$11.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,613,762
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,613,762
- Net assets (BOY)
- $9,670,932
Income & contributions
- Employer contributions
- $568,927
- Participant contributions
- $690,691
- Total contributions
- $1,338,956
- Total income / additions
- $2,994,730
Expenses & distributions
- Benefits paid
- $996,900
- Administrative expenses
- $55,000
- Total expenses
- $1,051,900
- Net increase / (decrease)
- $1,942,830
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.
45%55%
Employer 45%Participant 55%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $55,000 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $25,000 | 2023 |