Who sponsors the Hiway Credit Union 401(K) Plan And Trust?

Hiway Credit Union 401(K) Plan And Trust is reported as sponsored by Hiway Credit Union (EIN 41-0313750, plan number 004) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Hiway Credit Union 401(K) Plan And Trust?

The latest Form 5500 filing year loaded for Hiway Credit Union 401(K) Plan And Trust is 2023.

How many participants does Hiway Credit Union 401(K) Plan And Trust report?

Hiway Credit Union 401(K) Plan And Trust reports 270 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Hiway Credit Union 401(K) Plan And Trust?

Hiway Credit Union 401(K) Plan And Trust reports $14,047,319 in end-of-year plan assets in its latest loaded Form 5500 filing.

Hiway Credit Union 401(K) 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 401(K) Plan And Trust is a benefit plan reported by Hiway Credit Union under EIN 41-0313750 and plan number 004. The latest loaded filing year is 2023. The filing reports 270 participants and $14,047,319 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14MPlan net assets, end of year$14,047,319

Participants270Covered participants reported

Assets / participant$52KComputed: assets ÷ participants$52,027 (computed)

Provider compensation$54.7K1 Schedule C provider row(s)$54,745

Plan sponsor: Hiway Credit Union
EIN: 41-0313750
Plan number: 004
Plan type: 2
Location: Saint Paul, MN
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	270	H, C	20240806140651NAL0005348050001

Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$14M total assets

Net assets$14MLiabilities$0

Money in vs. money out

Total income / additions$4M

Total expenses$3M

Benefits paid / distributions$3M

Contributions

Employer$221.6K

Participant$1.3M

Full reported line items

Net assets

Total assets (EOY): $14,047,319
Total liabilities (EOY): $0
Net assets (EOY): $14,047,319
Net assets (BOY): $13,085,008

Income & contributions

Employer contributions: $221,572
Participant contributions: $1,335,357
Total contributions: $1,596,741
Total income / additions: $4,000,533

Expenses & distributions

Benefits paid: $2,981,135
Administrative expenses: $57,087
Total expenses: $3,038,222
Net increase / (decrease): $962,311

Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)

14%86%

Employer 14%Participant 86%

Total expenses ÷ net assets22%Computed ratio

Benefits paid ÷ total income75%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Cmfg Life Insurance Company	NONE	$54,745	$0	2023