Ithink Financial Credit Union 401(K) Plan Plus — Form 5500 plan (Ithink Financial 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, Ithink Financial Credit Union 401(K) Plan Plus is a benefit plan reported by Ithink Financial Credit Union under EIN 59-1286880 and plan number 002. The latest loaded filing year is 2023. The filing reports 476 participants and $31,861,000 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ithink Financial Credit Union
- EIN
- 59-1286880
- Plan number
- 002
- Plan type
- 2
- Location
- Delray Beach, FL
- Latest filing year
- 2023
- Participants
- 476
- End-of-year plan assets
- $31,861,000
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 476 | H, C | 20240802082614NAL0015844771001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,861,000
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,861,000
- Net assets (BOY)
- $30,315,333
Income & contributions
- Employer contributions
- $483,238
- Participant contributions
- $1,733,050
- Total contributions
- $2,558,676
- Total income / additions
- $7,024,348
Expenses & distributions
- Benefits paid
- $5,415,139
- Administrative expenses
- $63,542
- Total expenses
- $5,478,681
- Net increase / (decrease)
- $1,545,667
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $42,045 | $0 | 2023 |
| Members Capital Advisors, Inc. D/B/ | NONE | $21,497 | not reported in the loaded dataset | 2023 |