2023 Form 5500 filing — Twinstar Credit Union Profit Sharing And 401(K) Salary Reduction 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 20241015174243NAL0050736928001) for Twinstar Credit Union Profit Sharing And 401(K) Salary Reduction Plan, reported by Twinstar Credit Union under EIN 91-0440744 and plan number 002. It reports 547 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015174243NAL0050736928001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Twinstar Credit Union
- EIN
- 91-0440744
- Plan number
- 002
- Location
- Olympia, WA
- Participants
- 547
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $71,558,900
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $71,558,900
- Employer contributions
- $3,964,622
- Participant contributions
- $3,282,202
- Total income / additions
- $16,384,458
- Benefits paid
- $4,497,435
- Administrative expenses
- $156,627
- Total expenses
- $4,654,062
- Net increase / (decrease)
- $11,730,396
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alera Group Inc Dba Alera Investmen | INVESTMENT ADVISOR | $68,678 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $62,371 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $25,578 | not reported in the loaded dataset |