2023 Form 5500 filing — Raiz Federal 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 20241009094140NAL0032339936001) for Raiz Federal Credit Union 401(K) Plan And Trust, reported by Raiz Federal Credit Union under EIN 74-1110254 and plan number 001. It reports 299 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)$15.7MReported net assets$15,743,751
Participants299
Provider compensation$59.3K2 Schedule C row(s)$59,254
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009094140NAL0032339936001
Plan sponsor
Raiz Federal Credit Union
EIN
74-1110254
Plan number
001
Location
El Paso, TX
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)$15.7M total assets
Net assets$15.7MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$554.6K
Participant$904.1K
Full reported line items
Total assets (EOY)
$15,743,751
Total liabilities (EOY)
$0
Net assets (EOY)
$15,743,751
Employer contributions
$554,634
Participant contributions
$904,145
Total income / additions
$3,862,530
Benefits paid
$1,470,300
Administrative expenses
$59,254
Total expenses
$1,529,554
Net increase / (decrease)
$2,332,976

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Cmfg Life Insurance CompanyNONE$46,503$0
Members Capital Advisors, Inc.NONE$12,751not reported in the loaded dataset

Related Form 5500 pages