First Tech Federal Credit Union Employees Qualified Savings Plan — Form 5500 plan (First Tech Federal 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, First Tech Federal Credit Union Employees Qualified Savings Plan is a benefit plan reported by First Tech Federal Credit Union under EIN 23-7062675 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,358 participants and $227,863,748 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Tech Federal Credit Union
EIN
23-7062675
Plan number
003
Plan type
2
Location
Hillsboro, OR
Latest filing year
2023
Participants
2,358
End-of-year plan assets
$227,863,748

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,358H, C20241003180027NAL0005992995001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$227,863,748
Total liabilities (EOY)
$0
Net assets (EOY)
$227,863,748
Net assets (BOY)
$183,948,189

Income & contributions

Employer contributions
$9,067,100
Participant contributions
$13,609,000
Total contributions
$24,394,839
Total income / additions
$60,586,242

Expenses & distributions

Benefits paid
$16,622,411
Administrative expenses
$46,494
Total expenses
$16,670,683
Net increase / (decrease)
$43,915,559

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$191,217$1492023

Related Form 5500 pages