First Community Credit Union 401(K) Retirement Plan — Form 5500 plan (First Community 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, First Community Credit Union 401(K) Retirement Plan is a benefit plan reported by First Community Credit Union under EIN 45-0226664 and plan number 002. The latest loaded filing year is 2023. The filing reports 319 participants and $35,457,748 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Community Credit Union
- EIN
- 45-0226664
- Plan number
- 002
- Plan type
- 2
- Location
- Jamestown, ND
- Latest filing year
- 2023
- Participants
- 319
- End-of-year plan assets
- $35,457,748
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 319 | H, C | 20240715102258NAL0001127505001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,457,748
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,457,748
- Net assets (BOY)
- $28,347,422
Income & contributions
- Employer contributions
- $1,257,035
- Participant contributions
- $1,313,739
- Total contributions
- $2,773,655
- Total income / additions
- $8,715,111
Expenses & distributions
- Benefits paid
- $1,569,767
- Administrative expenses
- $15,297
- Total expenses
- $1,604,785
- Net increase / (decrease)
- $7,110,326
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $15,297 | $0 | 2023 |