Pen Air Credit Union 401(K) Plan — Form 5500 plan (Pen Air 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, Pen Air Credit Union 401(K) Plan is a benefit plan reported by Pen Air Credit Union under EIN 59-0642991 and plan number 001. The latest loaded filing year is 2023. The filing reports 444 participants and $32,985,899 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pen Air Credit Union
- EIN
- 59-0642991
- Plan number
- 001
- Plan type
- 2
- Location
- Pensacola, FL
- Latest filing year
- 2023
- Participants
- 444
- End-of-year plan assets
- $32,985,899
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 444 | H, C | 20241014161742NAL0045272144001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,985,899
- Total liabilities (EOY)
- $9,380
- Net assets (EOY)
- $32,976,519
- Net assets (BOY)
- $28,038,750
Income & contributions
- Employer contributions
- $1,172,338
- Participant contributions
- $1,564,762
- Total contributions
- $2,987,424
- Total income / additions
- $7,647,725
Expenses & distributions
- Benefits paid
- $2,555,182
- Administrative expenses
- $154,774
- Total expenses
- $2,709,956
- Net increase / (decrease)
- $4,937,769
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Pension Center Of Florida Inc | TPA | $4,289 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Co Usa | RECORDKEEPER | $0 | not reported in the loaded dataset | 2023 |