Texas Tech Federal Credit Union 401(K) Plan — Form 5500 plan (Texas Tech 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, Texas Tech Federal Credit Union 401(K) Plan is a benefit plan reported by Texas Tech Federal Credit Union under EIN 75-1157852 and plan number 001. The latest loaded filing year is 2023. The filing reports 140 participants and $5,316,559 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Texas Tech Federal Credit Union
- EIN
- 75-1157852
- Plan number
- 001
- Plan type
- 2
- Location
- Lubbock, TX
- Latest filing year
- 2023
- Participants
- 140
- End-of-year plan assets
- $5,316,559
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 140 | H, C | 20241015090043NAL0016020707001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,316,559
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,316,559
- Net assets (BOY)
- $4,729,323
Income & contributions
- Employer contributions
- $510,504
- Participant contributions
- $608,421
- Total contributions
- $1,200,450
- Total income / additions
- $1,991,063
Expenses & distributions
- Benefits paid
- $1,374,879
- Administrative expenses
- $28,948
- Total expenses
- $1,403,827
- Net increase / (decrease)
- $587,236
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $28,947 | $0 | 2023 |
| Swbc Investment Services LLC | OTHER SERVICES | $0 | $1,670 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Texas Tech Federal Credit Union
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Lubbock, TX
- Principal Life Insurance Company — Schedule C compensation
- Swbc Investment Services LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation