Coast360 Federal Credit Union 401(K) Plan — Form 5500 plan (Coast360 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, Coast360 Federal Credit Union 401(K) Plan is a benefit plan reported by Coast360 Federal Credit Union under EIN 96-0001016 and plan number 001. The latest loaded filing year is 2023. The filing reports 151 participants and $7,969,719 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8MPlan net assets, end of year$7,969,719
Participants151Covered participants reported
Assets / participant$52.8KComputed: assets ÷ participants$52,780 (computed)
Provider compensation$67.2K2 Schedule C provider row(s)$67,240
Plan sponsor
Coast360 Federal Credit Union
EIN
96-0001016
Plan number
001
Plan type
2
Location
Maite, GU
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023151H, C20241007142522NAL0032042146001
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)$8M total assets
Net assets$8MLiabilities$0
Money in vs. money out
Total income / additions$1.4M
Total expenses$347.4K
Benefits paid / distributions$280.2K
Contributions
Employer$282.7K
Participant$357.6K
Full reported line items

Net assets

Total assets (EOY)
$7,969,719
Total liabilities (EOY)
$0
Net assets (EOY)
$7,969,719
Net assets (BOY)
$6,869,586

Income & contributions

Employer contributions
$282,654
Participant contributions
$357,631
Total contributions
$647,839
Total income / additions
$1,447,565

Expenses & distributions

Benefits paid
$280,192
Administrative expenses
$67,240
Total expenses
$347,432
Net increase / (decrease)
$1,100,133
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 44%Participant 56%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Asia Pacific Financial Management GFINANCIAL ADVISOR$64,510$02023
Ascensus, LLCTHIRD PARTY ADMINISTRATOR$2,730$02023

Related Form 5500 pages