Provident Credit Union Retirement Plan — Form 5500 plan (Provident 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, Provident Credit Union Retirement Plan is a benefit plan reported by Provident Credit Union under EIN 94-1482957 and plan number 003. The latest loaded filing year is 2023. The filing reports 456 participants and $58,874,393 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Provident Credit Union
- EIN
- 94-1482957
- Plan number
- 003
- Plan type
- 2
- Location
- Redwood Shores, CA
- Latest filing year
- 2023
- Participants
- 456
- End-of-year plan assets
- $58,874,393
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 456 | H, C | 20241008161432NAL0017019409001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,874,393
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,874,393
- Net assets (BOY)
- $52,079,680
Income & contributions
- Employer contributions
- $1,384,599
- Participant contributions
- $2,655,477
- Total contributions
- $4,060,827
- Total income / additions
- $12,822,740
Expenses & distributions
- Benefits paid
- $5,956,807
- Administrative expenses
- $69,758
- Total expenses
- $6,028,027
- Net increase / (decrease)
- $6,794,713
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $44,580 | $0 | 2023 |
| Abd Retirement Services, Inc. | INVESTMENT ADVISOR | $25,265 | not reported in the loaded dataset | 2023 |