Original filing (PDF)20251010134832NAL0018742082001

SKYLA FEDERAL CREDIT UNION

Name: SKYLA FEDERAL CREDIT UNION — SKYLA FEDERAL CREDIT UNION 401(K) PLAN, Form 5500 (2024)
Creator: SKYLA FEDERAL CREDIT UNION

Form 5500

FILING_RECEIVED

SKYLA FEDERAL CREDIT UNION 401(K) PLAN

401(k) retirement plan

Signals · 2

Late participant contributionsCorrective distributions issued

Active participants

309

Accounts w/ balance

398

Plan assets (EOY)

$23.0M

Net assets (EOY)

$23.0M

How this plan invests

This plan

23 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 93K (3% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for SKYLA FEDERAL CREDIT UNION.

Plan sponsor

Name

SKYLA FEDERAL CREDIT UNION

EIN

56-0772380

Address

3700 SOUTH BLVD, SUITE 400 · CHARLOTTE, NC · 28209

Phone

(704) 375-0183

Industry

Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-10

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

2 rows

Investment manager

Name	EIN	Location	Relation	Direct comp	Indirect comp
MEMBERS CAPITAL ADVISORS, INC.	42-0388260	—	NONE	$20K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
CMFG LIFE INSURANCE COMPANY	39-0230590	—	NONE	$62K	—

Investments

23 direct securities· $23.0M(100% of reported assets)

Other securities

$22.8M

22 holdings

Common Stock

$139K

1 holding

					% of plan
Vanguard 500 Index Adm Fund #	Other securities	—	—	$3.3M	14.3%
BlackRock Lifepath Index 2030 Portfolio #	Other securities	—	—	$2.7M	11.8%
Fidelity Large Cap Growth Index #	Other securities	—	—	$2.1M	9.1%
BlackRock Lifepath Index 2040 Portfolio #	Other securities	—	—	$1.9M	8.5%
BlackRock Lifepath Index 2050 Portfolio #	Other securities	—	—	$1.9M	8.1%
BlackRock Lifepath Index 2035 Portfolio #	Other securities	—	—	$1.5M	6.4%
BlackRock Lifepath Index Retirement Portfolio #	Other securities	—	—	$1.4M	6.2%
BlackRock Lifepath Index 2045 Portfolio #	Other securities	—	—	$1.3M	5.8%
Fidelity Mid Cap Index #	Other securities	—	—	$1.3M	5.6%
BlackRock Lifepath Index 2055 Portfolio #	Other securities	—	—	$1.0M	4.4%
J.P. Morgan Equity Income R6 Fund #	Other securities	—	—	$919K	4.0%
BlackRock Lifepath Index 2060 Portfolio #	Other securities	—	—	$535K	2.3%
with various maturity dates -	Other securities	—	—	$524K	2.3%
Fidelity Global ex US index #	Other securities	—	—	$495K	2.2%
CMFG Stable Value #	Other securities	—	—	$396K	1.7%
Dimensional Fund Advisors U.S. Small Cap Fund #	Other securities	—	—	$372K	1.6%
Dimensional Fund Advisors International Core Equity Fund #	Other securities	—	—	$350K	1.5%
BlackRock Lifepath Index 2065 Portfolio #	Other securities	—	—	$347K	1.5%
Fidelity US Bond Index #	Other securities	—	—	$234K	1.0%
Vanguard REIT Index Adm Fund #	Common Stock	—	—	$139K	0.6%
Dodge & Cox Income Fund #	Other securities	—	—	$102K	0.4%
PIMCO Real Return Fund #	Other securities	—	—	$94K	0.4%
Fidelity Small Cap Index	Other securities	—	—	$49K	0.2%