2023 Form 5500 filing — Seattle Metropolitan Credit Union 401(K) 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 20241011103513NAL0012375715001) for Seattle Metropolitan Credit Union 401(K) Plan, reported by Seattle Metro. Credit Union under EIN 91-0176215 and plan number 001. It reports 244 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011103513NAL0012375715001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Seattle Metro. Credit Union
- EIN
- 91-0176215
- Plan number
- 001
- Location
- Seattle, WA
- Participants
- 244
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,989,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,989,846
- Employer contributions
- $389,430
- Participant contributions
- $866,392
- Total income / additions
- $4,098,820
- Benefits paid
- $2,132,337
- Administrative expenses
- $5,949
- Total expenses
- $2,140,054
- Net increase / (decrease)
- $1,958,766
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $5,690 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $259 | not reported in the loaded dataset |