Resource One Credit Union 401(K) Plan — Form 5500 plan (Resource One 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, Resource One Credit Union 401(K) Plan is a benefit plan reported by Resource One Credit Union under EIN 75-0821285 and plan number 001. The latest loaded filing year is 2023. The filing reports 276 participants and $14,448,758 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.4MPlan net assets, end of year$14,448,758
Participants276Covered participants reported
Assets / participant$52.4KComputed: assets ÷ participants$52,351 (computed)
Provider compensation$95.6K1 Schedule C provider row(s)$95,566
Plan sponsor
Resource One Credit Union
EIN
75-0821285
Plan number
001
Plan type
2
Location
Dallas, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023276H, C20241011085503NAL0022447745001
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)$14.4M total assets
Net assets$14.4MLiabilities$0
Money in vs. money out
Total income / additions$3.4M
Total expenses$1M
Benefits paid / distributions$992.5K
Contributions
Employer$626.7K
Participant$1M
Full reported line items

Net assets

Total assets (EOY)
$14,448,758
Total liabilities (EOY)
$0
Net assets (EOY)
$14,448,758
Net assets (BOY)
$12,090,230

Income & contributions

Employer contributions
$626,742
Participant contributions
$1,038,051
Total contributions
$1,681,674
Total income / additions
$3,364,137

Expenses & distributions

Benefits paid
$992,517
Administrative expenses
$13,092
Total expenses
$1,005,609
Net increase / (decrease)
$2,358,528
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 38%Participant 62%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$95,566not reported in the loaded dataset2023

Related Form 5500 pages