2023 Form 5500 filing — Texell 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 20241007093141NAL0014985713001) for Texell Credit Union 401k Plan, reported by Texell Credit Union under EIN 74-1109882 and plan number 002. It reports 241 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007093141NAL0014985713001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Texell Credit Union
- EIN
- 74-1109882
- Plan number
- 002
- Location
- Temple, TX
- Participants
- 241
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,508,779
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,508,779
- Employer contributions
- $383,385
- Participant contributions
- $556,758
- Total income / additions
- $1,944,876
- Benefits paid
- $566,946
- Administrative expenses
- $36,940
- Total expenses
- $603,886
- Net increase / (decrease)
- $1,340,990
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | CUSTODIAN | $30,753 | $0 |
| Gwn Securities, Inc | BROKER | $0 | $14,881 |
| Inwest Retirement Solutions | TPA | $3,375 | $0 |