Redwood Credit Union Target Benefit Plan — Form 5500 plan (Redwood 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, Redwood Credit Union Target Benefit Plan is a benefit plan reported by Redwood Credit Union under EIN 94-1244186 and plan number 002. The latest loaded filing year is 2023. The filing reports 156 participants and $32,831,528 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Redwood Credit Union
- EIN
- 94-1244186
- Plan number
- 002
- Plan type
- 2
- Location
- Santa Rosa, CA
- Latest filing year
- 2023
- Participants
- 156
- End-of-year plan assets
- $32,831,528
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 156 | H, C | 20241010110534NAL0020867473001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,831,528
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,831,528
- Net assets (BOY)
- $26,777,528
Income & contributions
- Employer contributions
- $1,722,515
- Total contributions
- $1,722,515
- Total income / additions
- $6,941,250
Expenses & distributions
- Benefits paid
- $846,521
- Administrative expenses
- $40,729
- Total expenses
- $887,250
- Net increase / (decrease)
- $6,054,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Milliman | NONE | $38,627 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $2,102 | $0 | 2023 |
| Charles Schwab & Co. Inc. | NONE | $0 | $0 | 2023 |