2023 Form 5500 filing — Cobalt 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 20241015150628NAL0028874753001) for Cobalt Credit Union 401(K) Plan, reported by Cobalt Credit Union under EIN 04-7036486 and plan number 004. It reports 287 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015150628NAL0028874753001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cobalt Credit Union
- EIN
- 04-7036486
- Plan number
- 004
- Location
- Papillion, NE
- Participants
- 287
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,168,389
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,168,389
- Employer contributions
- $589,506
- Participant contributions
- $949,071
- Total income / additions
- $4,095,896
- Benefits paid
- $2,051,875
- Administrative expenses
- $86,032
- Total expenses
- $2,143,639
- Net increase / (decrease)
- $1,952,257
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $55,872 | $0 |
| Grove Point Advisors LLC | INVESTMENT ADVISOR | $29,091 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,069 | not reported in the loaded dataset |