Texas Dow Employees Credit Union 401(K) Plan — Form 5500 plan (Texas Dow Employees 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, Texas Dow Employees Credit Union 401(K) Plan is a benefit plan reported by Texas Dow Employees Credit Union under EIN 74-1260543 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,172 participants and $70,219,376 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Texas Dow Employees Credit Union
EIN
74-1260543
Plan number
002
Plan type
2
Location
Lake Jackson, TX
Latest filing year
2023
Participants
1,172
End-of-year plan assets
$70,219,376

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,172H, C20240924141236NAL0023065952001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$70,219,376
Total liabilities (EOY)
$0
Net assets (EOY)
$70,219,376
Net assets (BOY)
$62,018,924

Income & contributions

Employer contributions
$3,954,327
Participant contributions
$5,589,326
Total contributions
$10,034,172
Total income / additions
$20,816,798

Expenses & distributions

Benefits paid
$12,491,541
Administrative expenses
$116,990
Total expenses
$12,616,346
Net increase / (decrease)
$8,200,452

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$116,990$02023

Related Form 5500 pages