Global 401(K) Retirement Plan — Form 5500 plan (Global 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, Global 401(K) Retirement Plan is a benefit plan reported by Global Federal Credit Union under EIN 92-0019874 and plan number 004. The latest loaded filing year is 2023. The filing reports 2,635 participants and $130,662,081 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$130.7MPlan net assets, end of year$130,662,081
Participants2.6KCovered participants reported2,635
Assets / participant$49.6KComputed: assets ÷ participants$49,587 (computed)
Provider compensation$286.9K2 Schedule C provider row(s)$286,933
- Plan sponsor
- Global Federal Credit Union
- EIN
- 92-0019874
- Plan number
- 004
- Plan type
- 2
- Location
- Anchorage, AK
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,635 | H, C | 20241010173851NAL0011789619001 |
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)$130.7M total assets
Net assets$130.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $130,662,081
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $130,662,081
- Net assets (BOY)
- $114,002,244
Income & contributions
- Employer contributions
- $5,959,609
- Participant contributions
- $9,044,747
- Total contributions
- $16,806,024
- Total income / additions
- $34,372,497
Expenses & distributions
- Benefits paid
- $17,425,727
- Administrative expenses
- $286,933
- Total expenses
- $17,712,660
- Net increase / (decrease)
- $16,659,837
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.
40%60%
Employer 40%Participant 60%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $186,390 | $0 | 2023 |
| Members Capital Advisors, Inc. Dba | NONE | $100,543 | not reported in the loaded dataset | 2023 |