2023 Form 5500 filing — People'S Credit Union 401(K) Plan And Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240725051821NAL0013656369001) for People'S Credit Union 401(K) Plan And Trust, reported by The Peoples Credit Union under EIN 05-0198580 and plan number 002. It reports 155 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725051821NAL0013656369001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Peoples Credit Union
- EIN
- 05-0198580
- Plan number
- 002
- Location
- Middletown, RI
- Participants
- 155
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,562,955
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,562,955
- Employer contributions
- $467,880
- Participant contributions
- $647,731
- Total income / additions
- $3,018,765
- Benefits paid
- $1,166,189
- Administrative expenses
- $36,756
- Total expenses
- $1,204,283
- Net increase / (decrease)
- $1,814,482
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Smith Barney | INVESTMENT/FINANCIAL ADVI | $33,461 | $0 |
| Adp, Inc. | RECORD KEEPER | $3,296 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |