Sharonview Federal Credit Union 401(K) Plan — Form 5500 plan (Sharonview Federal 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, Sharonview Federal Credit Union 401(K) Plan is a benefit plan reported by Sharonview Federal Credit Union under EIN 56-6048692 and plan number 002. The latest loaded filing year is 2023. The filing reports 401 participants and $44,290,177 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sharonview Federal Credit Union
- EIN
- 56-6048692
- Plan number
- 002
- Plan type
- 2
- Location
- Indian Land, SC
- Latest filing year
- 2023
- Participants
- 401
- End-of-year plan assets
- $44,290,177
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 401 | H, C | 20241015163250NAL0015086675001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $44,290,177
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,290,177
- Net assets (BOY)
- $39,152,383
Income & contributions
- Employer contributions
- $777,002
- Participant contributions
- $1,792,827
- Total contributions
- $3,041,349
- Total income / additions
- $9,361,165
Expenses & distributions
- Benefits paid
- $4,145,817
- Administrative expenses
- $77,554
- Total expenses
- $4,223,371
- Net increase / (decrease)
- $5,137,794
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $77,551 | $0 | 2023 |
| Resources Investment Advisors | INVESTMENT ADVISORY | $0 | $19,651 | 2023 |