Brightstar Credit Union 401(K) Plan — Form 5500 plan (Brightstar 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, Brightstar Credit Union 401(K) Plan is a benefit plan reported by Brightstar Credit Union under EIN 59-0653174 and plan number 002. The latest loaded filing year is 2023. The filing reports 228 participants and $11,187,886 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Brightstar Credit Union
- EIN
- 59-0653174
- Plan number
- 002
- Plan type
- 2
- Location
- Sunrise, FL
- Latest filing year
- 2023
- Participants
- 228
- End-of-year plan assets
- $11,187,886
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 228 | H, C | 20240802112045NAL0037844336001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,187,886
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,187,886
- Net assets (BOY)
- $9,582,626
Income & contributions
- Employer contributions
- $313,815
- Participant contributions
- $524,021
- Total contributions
- $894,921
- Total income / additions
- $2,282,131
Expenses & distributions
- Benefits paid
- $640,079
- Administrative expenses
- $36,792
- Total expenses
- $676,871
- Net increase / (decrease)
- $1,605,260
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $28,475 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $8,317 | not reported in the loaded dataset | 2023 |