2023 Form 5500 filing — Texas Tech Federal 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 20241015090043NAL0016020707001) for Texas Tech Federal Credit Union 401(K) Plan, reported by Texas Tech Federal Credit Union under EIN 75-1157852 and plan number 001. It reports 140 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)$5.3MReported net assets$5,316,559
Participants140
Provider compensation$30.6K3 Schedule C row(s)$30,617
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015090043NAL0016020707001
- Plan sponsor
- Texas Tech Federal Credit Union
- EIN
- 75-1157852
- Plan number
- 001
- Location
- Lubbock, 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)$5.3M total assets
Net assets$5.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,316,559
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,316,559
- Employer contributions
- $510,504
- Participant contributions
- $608,421
- Total income / additions
- $1,991,063
- Benefits paid
- $1,374,879
- Administrative expenses
- $28,948
- Total expenses
- $1,403,827
- Net increase / (decrease)
- $587,236
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $28,947 | $0 |
| Swbc Investment Services LLC | OTHER SERVICES | $0 | $1,670 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |