2023 Form 5500 filing — Community Choice Credit Union 401(K) 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 20241011131753NAL0012527939001) for Community Choice Credit Union 401(K) Savings Plan, reported by Community Choice Credit Union under EIN 38-0960035 and plan number 001. It reports 527 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011131753NAL0012527939001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Community Choice Credit Union
- EIN
- 38-0960035
- Plan number
- 001
- Location
- Farmington Hills, MI
- Participants
- 527
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,713,704
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,713,704
- Employer contributions
- $1,100,590
- Participant contributions
- $2,064,352
- Total income / additions
- $8,565,011
- Benefits paid
- $1,951,481
- Administrative expenses
- $114,529
- Total expenses
- $2,066,010
- Net increase / (decrease)
- $6,499,001
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cpi Qualified Plan Consultants, Inc | NONE | $65,146 | not reported in the loaded dataset |
| Lpl Financial LLC | NONE | $49,383 | not reported in the loaded dataset |