Hiway Credit Union Defined Benefit Plan And Trust — Form 5500 plan (Hiway 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, Hiway Credit Union Defined Benefit Plan And Trust is a benefit plan reported by Hiway Credit Union under EIN 41-0313750 and plan number 003. The latest loaded filing year is 2023. The filing reports 208 participants and $54,536,010 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hiway Credit Union
- EIN
- 41-0313750
- Plan number
- 003
- Plan type
- 2
- Location
- Saint Paul, MN
- Latest filing year
- 2023
- Participants
- 208
- End-of-year plan assets
- $54,536,010
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 208 | H, C | 20240926082417NAL0000378449001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $54,536,010
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,536,010
- Net assets (BOY)
- $44,933,676
Income & contributions
- Employer contributions
- $3,870,475
- Total contributions
- $3,870,475
- Total income / additions
- $10,763,411
Expenses & distributions
- Benefits paid
- $1,066,646
- Administrative expenses
- $94,431
- Total expenses
- $1,161,077
- Net increase / (decrease)
- $9,602,334
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $94,431 | $0 | 2023 |