Minnco Credit Union 401(K) Plan — Form 5500 plan (Minnco 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, Minnco Credit Union 401(K) Plan is a benefit plan reported by Minnco Credit Union under EIN 41-0174775 and plan number 003. The latest loaded filing year is 2023. The filing reports 143 participants and $11,146,393 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Minnco Credit Union
- EIN
- 41-0174775
- Plan number
- 003
- Plan type
- 2
- Location
- Cambridge, MN
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $11,146,393
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20241015180314NAL0030572513001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,146,393
- Total liabilities (EOY)
- $331
- Net assets (EOY)
- $11,146,062
- Net assets (BOY)
- $10,041,019
Income & contributions
- Employer contributions
- $619,671
- Participant contributions
- $389,362
- Total contributions
- $1,058,219
- Total income / additions
- $2,703,914
Expenses & distributions
- Benefits paid
- $1,555,620
- Administrative expenses
- $43,251
- Total expenses
- $1,598,871
- Net increase / (decrease)
- $1,105,043
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cetera Investment Advisers LLC | INVESTMENT AD VISORY -PLA | $20,698 | $0 | 2023 |
| Transamerica Retirement Solutions | RECORDKEEPER | $18,936 | $0 | 2023 |
| Tax Sheltered Compensation, Inc. | RECORDKEEPER | $3,600 | $86 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Minnco Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Cambridge, MN
- Cetera Investment Advisers LLC — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- Tax Sheltered Compensation, Inc. — Schedule C compensation