2023 Form 5500 filing — State Employees' Credit Union Retirement Savings 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 20240927161607NAL0002374481001) for State Employees' Credit Union Retirement Savings Plan, reported by State Employees' Credit Union under EIN 56-0475645 and plan number 001. It reports 9,813 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927161607NAL0002374481001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- State Employees' Credit Union
- EIN
- 56-0475645
- Plan number
- 001
- Location
- Raleigh, NC
- Participants
- 9,813
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,328,111,998
- Total liabilities (EOY)
- $341
- Net assets (EOY)
- $1,328,111,657
- Employer contributions
- $53,584,203
- Participant contributions
- $53,001,724
- Total income / additions
- $315,308,659
- Benefits paid
- $56,106,670
- Administrative expenses
- $509,145
- Total expenses
- $56,708,441
- Net increase / (decrease)
- $258,600,218
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $436,784 | $0 |
| Capfinancial Partners, LLC | INVESTMENT ADVISOR | $73,485 | not reported in the loaded dataset |