Cyprus Federal Credit Union 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Cyprus 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, Cyprus Federal Credit Union 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Cyprus Federal Credit Union under EIN 87-0127320 and plan number 002. The latest loaded filing year is 2023. The filing reports 524 participants and $20,942,605 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cyprus Federal Credit Union
- EIN
- 87-0127320
- Plan number
- 002
- Plan type
- 2
- Location
- West Jordan, UT
- Latest filing year
- 2023
- Participants
- 524
- End-of-year plan assets
- $20,942,605
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 524 | H, C | 20241015123915NAL0029652593001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,942,605
- Total liabilities (EOY)
- $12,167
- Net assets (EOY)
- $20,930,438
- Net assets (BOY)
- $17,397,050
Income & contributions
- Employer contributions
- $755,928
- Participant contributions
- $1,483,023
- Total contributions
- $2,308,697
- Total income / additions
- $5,243,800
Expenses & distributions
- Benefits paid
- $1,633,411
- Administrative expenses
- $77,001
- Total expenses
- $1,710,412
- Net increase / (decrease)
- $3,533,388
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $59,748 | $0 | 2023 |
| Members Capital Advisors, Inc. | NONE | $17,253 | not reported in the loaded dataset | 2023 |