Liberty Bay Credit Union 401(K) Retirement Plan — Form 5500 plan (Liberty Bay Credit Union)
Plain-English plan 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, Liberty Bay Credit Union 401(K) Retirement Plan is a benefit plan reported by Liberty Bay Credit Union under EIN 04-1896000 and plan number 002. The latest loaded filing year is 2023. The filing reports 109 participants and $30,990,838 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Liberty Bay Credit Union
- EIN
- 04-1896000
- Plan number
- 002
- Plan type
- 2
- Location
- Braintree, MA
- Latest filing year
- 2023
- Participants
- 109
- End-of-year plan assets
- $30,990,838
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 109 | H, C | 20240930080107NAL0003114403001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,990,838
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,990,838
- Net assets (BOY)
- $27,155,738
Income & contributions
- Employer contributions
- $704,260
- Participant contributions
- $448,277
- Total contributions
- $1,908,639
- Total income / additions
- $7,227,889
Expenses & distributions
- Benefits paid
- $3,366,049
- Administrative expenses
- $26,740
- Total expenses
- $3,392,789
- Net increase / (decrease)
- $3,835,100
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $26,740 | $0 | 2023 |