2023 Form 5500 filing — Schoolsfirst Federal Credit Union 401(K) Retirement 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 20241002184605NAL0015820960001) for Schoolsfirst Federal Credit Union 401(K) Retirement Plan, reported by Schoolsfirst Federal Credit Union under EIN 95-1068595 and plan number 002. It reports 3,415 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002184605NAL0015820960001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Schoolsfirst Federal Credit Union
- EIN
- 95-1068595
- Plan number
- 002
- Location
- Tustin, CA
- Participants
- 3,415
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $373,430,940
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $373,430,940
- Employer contributions
- $13,975,159
- Participant contributions
- $17,629,043
- Total income / additions
- $87,065,023
- Benefits paid
- $19,691,662
- Administrative expenses
- $349,773
- Total expenses
- $20,161,006
- Net increase / (decrease)
- $66,904,017
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $146,777 | $0 |
| Empower Advisory Group, LLC | NONE | $102,378 | not reported in the loaded dataset |
| Sageview Advisory Group LLC | NONE | $75,000 | not reported in the loaded dataset |