Soarion Credit Union 401(K) Plan And Trust — Form 5500 plan (Soarion 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, Soarion Credit Union 401(K) Plan And Trust is a benefit plan reported by Soarion Federal Credit Union under EIN 74-1181644 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $2,510,938 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Soarion Federal Credit Union
- EIN
- 74-1181644
- Plan number
- 002
- Plan type
- 2
- Location
- San Antonio, TX
- Latest filing year
- 2023
- Participants
- 139
- End-of-year plan assets
- $2,510,938
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 139 | H, C | 20241011121318NAL0036874192001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,510,938
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,510,938
- Net assets (BOY)
- $2,270,325
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $221,306
- Total contributions
- $291,405
- Total income / additions
- $652,826
Expenses & distributions
- Benefits paid
- $407,872
- Administrative expenses
- $4,341
- Total expenses
- $412,213
- Net increase / (decrease)
- $240,613
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $2,348 | $0 | 2023 |