Community Choice Credit Union 401(K) Savings Plan — Form 5500 plan (Community Choice 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, Community Choice Credit Union 401(K) Savings Plan is a benefit plan reported by Community Choice Credit Union under EIN 38-0960035 and plan number 001. The latest loaded filing year is 2023. The filing reports 527 participants and $33,713,704 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Community Choice Credit Union
- EIN
- 38-0960035
- Plan number
- 001
- Plan type
- 2
- Location
- Farmington Hills, MI
- Latest filing year
- 2023
- Participants
- 527
- End-of-year plan assets
- $33,713,704
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 527 | H, C | 20241011131753NAL0012527939001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,713,704
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,713,704
- Net assets (BOY)
- $27,214,703
Income & contributions
- Employer contributions
- $1,100,590
- Participant contributions
- $2,064,352
- Total contributions
- $3,233,043
- Total income / additions
- $8,565,011
Expenses & distributions
- Benefits paid
- $1,951,481
- Administrative expenses
- $114,529
- Total expenses
- $2,066,010
- Net increase / (decrease)
- $6,499,001
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cpi Qualified Plan Consultants, Inc | NONE | $65,146 | not reported in the loaded dataset | 2023 |
| Lpl Financial LLC | NONE | $49,383 | not reported in the loaded dataset | 2023 |