Jolt Credit Union 401(K) And Profit Sharing Plan — Form 5500 plan (Jolt 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, Jolt Credit Union 401(K) And Profit Sharing Plan is a benefit plan reported by Jolt Credit Union under EIN 38-1544100 and plan number 001. The latest loaded filing year is 2023. The filing reports 131 participants and $7,070,556 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Jolt Credit Union
- EIN
- 38-1544100
- Plan number
- 001
- Plan type
- 2
- Location
- Saginaw, MI
- Latest filing year
- 2023
- Participants
- 131
- End-of-year plan assets
- $7,070,556
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 131 | H, C | 20241015082200NAL0029004401001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,070,556
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,070,556
- Net assets (BOY)
- $6,681,511
Income & contributions
- Employer contributions
- $120,772
- Participant contributions
- $311,172
- Total contributions
- $502,557
- Total income / additions
- $1,365,455
Expenses & distributions
- Benefits paid
- $970,727
- Administrative expenses
- $4,823
- Total expenses
- $976,410
- Net increase / (decrease)
- $389,045
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hornor Townsend & Kent LLC | NONE | $0 | $14,866 | 2023 |
| Nfp Retirement Inc | NONE | $3,435 | $6,564 | 2023 |
| Empower Annuity Insurance Company | NONE | $1,990 | $0 | 2023 |