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Original filing (PDF)20251014125202NAL0002811841001
GULF WINDS CREDIT UNION
Form 5500
FILING_RECEIVED
GULF WINDS CREDIT UNION DEFINED BENEFIT PLAN AND TRUST
Defined-benefit pension plan
Signals · 1
No recordkeeper disclosed
Active participants
171
Accounts w/ balance
—
Plan assets (EOY)
$26.2M
Net assets (EOY)
$26.2M
How this plan invests
This plan
12 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 47 bps in Schedule C fees — 62% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GULF WINDS CREDIT UNION.
Plan sponsor
Name
GULF WINDS CREDIT UNION
EIN
59-6143861
Address
400 WEST GARDEN STREET · PENSACOLA, FL · 32502
Phone
(850) 479-9601
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1C · Cash balance or similar hybrid DB
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
WARREN AVERETT, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsOther
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BENEFIT PLANS ADMINISTRATIVE SERVIC | 16-1503696 | UTICA, NY | NONE | $123K | — |
Investments
12 direct securities· $26.2M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| John Hancock John Hancock Bond R6 | — | — | $5.7M | $5.2M | 19.9% | |
| Metropolitan West Metropolitan West Total Return Bond - Vanguard 500 Index Admiral Fund | — | — | $2.4M | $4.3M | 16.5% | |
| Vanguard Growth Index Adm | — | — | $1.3M | $3.1M | 11.7% | |
| Vanguard Mid-Cap Index Adm | — | — | $2.1M | $2.8M | 10.8% | |
| Vanguard High Dividend Yield Index Adm | — | — | $2.1M | $2.8M | 10.6% | |
| BlackRock High Yield Bond Instl | — | — | $2.3M | $2.2M | 8.4% | |
| The Standard Insurance Company Stable Value Asset II | — | — | $1.9M | $2.1M | 7.9% | |
| BlackRock Health Sciences Opps Instl | — | — | $1.9M | $1.8M | 7.0% | |
| Vanguard Small Cap Index Adm | — | — | $504K | $622K | 2.4% | |
| Mass Mutual MassMutual Select Overseas R5 | — | — | $660K | $580K | 2.2% | |
| Janus Henderson Janus Henderson Global Select N | — | — | $577K | $549K | 2.1% | |
| Federated Treasury Obligation Money market funds | — | — | $95K | $95K | 0.4% |