Keesler Federal Credit Union 401(K) Plan And Trust — Form 5500 plan (Keesler 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, Keesler Federal Credit Union 401(K) Plan And Trust is a benefit plan reported by Keesler Federal Credit Union under EIN 64-0302297 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,010 participants and $31,852,781 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$31.9MPlan net assets, end of year$31,852,781
Participants1KCovered participants reported1,010
Assets / participant$31.5KComputed: assets ÷ participants$31,537 (computed)
Provider compensation$94.4K2 Schedule C provider row(s)$94,371
Plan sponsor
Keesler Federal Credit Union
EIN
64-0302297
Plan number
002
Plan type
2
Location
Biloxi, MS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,010H, C20240924100522NAL0012627809001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$31.9M total assets
Net assets$31.9MLiabilities$0
Money in vs. money out
Total income / additions$9.6M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$1.9M
Participant$2.8M
Full reported line items

Net assets

Total assets (EOY)
$31,852,781
Total liabilities (EOY)
$0
Net assets (EOY)
$31,852,781
Net assets (BOY)
$24,328,401

Income & contributions

Employer contributions
$1,947,890
Participant contributions
$2,782,757
Total contributions
$4,864,639
Total income / additions
$9,562,662

Expenses & distributions

Benefits paid
$1,943,911
Administrative expenses
$94,371
Total expenses
$2,038,282
Net increase / (decrease)
$7,524,380
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 41%Participant 59%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cmfg Life Insurance CompanyNONE$68,456$02023
Members Capital Advisors, Inc.NONE$25,915not reported in the loaded dataset2023

Related Form 5500 pages