2023 Form 5500 filing — Oucu Financial Credit Union 401k Plan

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 20240808120213NAL0002803171001) for Oucu Financial Credit Union 401k Plan, reported by Oucu Financial Credit Union Inc. under EIN 31-6040060 and plan number 003. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$19MReported net assets$18,967,890
Participants144
Provider compensation$39.6K1 Schedule C row(s)$39,573
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240808120213NAL0002803171001
Plan sponsor
Oucu Financial Credit Union Inc.
EIN
31-6040060
Plan number
003
Location
Athens, OH
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19M total assets
Net assets$19MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$784.4K
Benefits paid / distributions$784K
Contributions
Employer$786.3K
Participant$494.2K
Full reported line items
Total assets (EOY)
$18,967,890
Total liabilities (EOY)
$0
Net assets (EOY)
$18,967,890
Employer contributions
$786,250
Participant contributions
$494,203
Total income / additions
$3,578,625
Benefits paid
$783,980
Administrative expenses
$426
Total expenses
$784,406
Net increase / (decrease)
$2,794,219

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
American United Life Insurance CoNONE$1,026$38,547

Related Form 5500 pages