South Carolina Federal Credit Union Employees 401k Plan — Form 5500 plan (South Carolina 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, South Carolina Federal Credit Union Employees 401k Plan is a benefit plan reported by South Carolina Federal Credit Union under EIN 57-0323645 and plan number 033. The latest loaded filing year is 2023. The filing reports 616 participants and $86,560,126 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- South Carolina Federal Credit Union
- EIN
- 57-0323645
- Plan number
- 033
- Plan type
- 2
- Location
- North Charleston, SC
- Latest filing year
- 2023
- Participants
- 616
- End-of-year plan assets
- $86,560,126
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 616 | H, C | 20240820124621NAL0004530832001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $86,560,126
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $86,560,126
- Net assets (BOY)
- $71,591,938
Income & contributions
- Employer contributions
- $3,383,189
- Participant contributions
- $3,858,786
- Total contributions
- $7,618,389
- Total income / additions
- $19,956,113
Expenses & distributions
- Benefits paid
- $4,821,403
- Administrative expenses
- $140,009
- Total expenses
- $4,987,925
- Net increase / (decrease)
- $14,968,188
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $122,034 | $38,737 | 2023 |
| Morningstar Investment | SERVICE PROVIDER | $7,390 | $38,737 | 2023 |
| Voya Retirement Advisors, LLC | SERVICE PROVIDER | $5,480 | not reported in the loaded dataset | 2023 |
| South Carolina Federal Credit Un | SERVICE PROVIDER | $5,105 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for South Carolina Federal Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in North Charleston, SC
- Voya Retirement Insurance & Annuity — Schedule C compensation
- Morningstar Investment — Schedule C compensation
- Voya Retirement Advisors, LLC — Schedule C compensation
- South Carolina Federal Credit Un — Schedule C compensation