Cobalt Credit Union 401(K) Plan — Form 5500 plan (Cobalt 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, Cobalt Credit Union 401(K) Plan is a benefit plan reported by Cobalt Credit Union under EIN 04-7036486 and plan number 004. The latest loaded filing year is 2023. The filing reports 287 participants and $16,168,389 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cobalt Credit Union
- EIN
- 04-7036486
- Plan number
- 004
- Plan type
- 2
- Location
- Papillion, NE
- Latest filing year
- 2023
- Participants
- 287
- End-of-year plan assets
- $16,168,389
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 287 | H, C | 20241015150628NAL0028874753001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,168,389
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,168,389
- Net assets (BOY)
- $14,216,132
Income & contributions
- Employer contributions
- $589,506
- Participant contributions
- $949,071
- Total contributions
- $1,908,964
- Total income / additions
- $4,095,896
Expenses & distributions
- Benefits paid
- $2,051,875
- Administrative expenses
- $86,032
- Total expenses
- $2,143,639
- Net increase / (decrease)
- $1,952,257
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $55,872 | $0 | 2023 |
| Grove Point Advisors LLC | INVESTMENT ADVISOR | $29,091 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,069 | not reported in the loaded dataset | 2023 |