Wescom Credit Union 401(K) Retirement Plan — Form 5500 plan (Wescom Central 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, Wescom Credit Union 401(K) Retirement Plan is a benefit plan reported by Wescom Central Credit Union under EIN 95-1288265 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,188 participants and $147,306,344 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$147.3MPlan net assets, end of year$147,306,344
Participants1.2KCovered participants reported1,188
Assets / participant$124KComputed: assets ÷ participants$123,995 (computed)
Provider compensation$130.2K3 Schedule C provider row(s)$130,165
- Plan sponsor
- Wescom Central Credit Union
- EIN
- 95-1288265
- Plan number
- 002
- Plan type
- 2
- Location
- Pasadena, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,188 | H, C | 20241015185759NAL0030693073001 |
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)$147.3M total assets
Net assets$147.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $147,306,344
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $147,306,344
- Net assets (BOY)
- $123,136,525
Income & contributions
- Employer contributions
- $5,673,938
- Participant contributions
- $7,225,702
- Total contributions
- $13,533,856
- Total income / additions
- $34,010,987
Expenses & distributions
- Benefits paid
- $9,683,048
- Administrative expenses
- $130,165
- Total expenses
- $9,841,168
- Net increase / (decrease)
- $24,169,819
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.
44%56%
Employer 44%Participant 56%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $82,492 | $0 | 2023 |
| Sageview Advisory Group, LLC | CONSULTANT | $32,500 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $15,173 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wescom Central Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Pasadena, CA
- Fidelity Investments Institutional — Schedule C compensation
- Sageview Advisory Group, LLC — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation