Texell Credit Union 401k Plan — Form 5500 plan (Texell 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, Texell Credit Union 401k Plan is a benefit plan reported by Texell Credit Union under EIN 74-1109882 and plan number 002. The latest loaded filing year is 2023. The filing reports 241 participants and $6,508,779 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Texell Credit Union
- EIN
- 74-1109882
- Plan number
- 002
- Plan type
- 2
- Location
- Temple, TX
- Latest filing year
- 2023
- Participants
- 241
- End-of-year plan assets
- $6,508,779
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 241 | H, C | 20241007093141NAL0014985713001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,508,779
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,508,779
- Net assets (BOY)
- $5,167,789
Income & contributions
- Employer contributions
- $383,385
- Participant contributions
- $556,758
- Total contributions
- $997,028
- Total income / additions
- $1,944,876
Expenses & distributions
- Benefits paid
- $566,946
- Administrative expenses
- $36,940
- Total expenses
- $603,886
- Net increase / (decrease)
- $1,340,990
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | CUSTODIAN | $30,753 | $0 | 2023 |
| Gwn Securities, Inc | BROKER | $0 | $14,881 | 2023 |
| Inwest Retirement Solutions | TPA | $3,375 | $0 | 2023 |