2023 Form 5500 filing — Pelican State Credit Union Capital Accumulation 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 20241015164535NAL0030387393001) for Pelican State Credit Union Capital Accumulation Plan, reported by Pelican State Credit Union under EIN 72-0498240 and plan number 001. It reports 386 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015164535NAL0030387393001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pelican State Credit Union
- EIN
- 72-0498240
- Plan number
- 001
- Location
- Baton Rouge, LA
- Participants
- 386
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,423,856
- Total liabilities (EOY)
- $409
- Net assets (EOY)
- $21,423,447
- Employer contributions
- $1,608,488
- Participant contributions
- $1,375,885
- Total income / additions
- $6,071,177
- Benefits paid
- $1,779,744
- Administrative expenses
- $143,691
- Total expenses
- $1,926,223
- Net increase / (decrease)
- $4,144,954
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $76,926 | $0 |
| Bank Of America Na | INVESTMENT ADVISORY PLAN | $44,140 | not reported in the loaded dataset |
| Sentinel Pension, LLC | THIRD PARTY ADMINSTRATOR | $22,632 | $0 |