How big is Meriwest Credit Union's plan?

Meriwest Credit Union's plan reported $80.9M in assets and 199 participants for 2024.

Original filing (PDF)20251006171155NAL0009940994001

Meriwest Credit Union

Name: Meriwest Credit Union — Meriwest Credit Union, Form 5500 (2024)
Creator: Meriwest Credit Union
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Meriwest Credit Union Retirement Plan

Defined-benefit pension plan · Meriwest Credit Union's Meriwest Credit Union Retirement Plan held $80.9M in plan assets for 199 participants in 2024, with John Hancock as recordkeeper.

Active participants

199

Accounts w/ balance

—

Plan assets (EOY)

$80.9M

Net assets (EOY)

$80.8M

People on this filing

Melissa Cleborne signed Meriwest Credit Union's 2024 Form 5500 as plan administrator.

Melissa Cleborne — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Meriwest Credit Union's EIN is 94-1521987.

EIN 94-1521987

Plan number 001

Plan year 2024

ACK ID 20251006171155NAL0009940994001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Meriwest Credit Union from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Meriwest Credit Union's plan includes a defined-benefit pension formula.

Decision-maker contacts

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

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How this plan invests

This plan

397 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. Based on 80% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

Plan health

n/a

Vendor & structure

100

Knocking points off

Total administrative cost in the bottom quartile of peers (9th percentile).

Helping the score

Plan health not scored — no comparable participation/contribution data.

Plan sponsor

Name

MERIWEST CREDIT UNION

EIN

all filings

Address

5615 CHESBRO AVENUE · SAN JOSE, CA · 95123

Phone

(408) 363-3295

Industry

Finance & Insurance

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

2025-10-06

Pension benefit codes

1A · Pay-related DB formula

Audit & trust (Schedule H)

Auditor

MILLER, KAPLAN, ARASE, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
JOHN HANCOCK RETIREMENT PLAN SVCS	01-0233346	—	NONE	$112K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
MORGAN STANLEY	20-8764829	—	NONE	$379K	—
MILLER, KAPLAN, ARASE & CO LLP	95-2036255

Investments

397 direct securities· $31.6M(39% of reported assets)

Bonds / Notes

$14.3M

381 holdings

U.S. Treasuries

$8.0M

7 holdings

Real Estate

$3.4M

1 holding

Other securities

$3.1M

4 holdings

Cash / Money Market

$2.4M

2 holdings

Common Stocks

$366K

2 holdings

					% of plan
US TREASURY BOND FED STRIP Zero Coupon Due: 11/15/2051	U.S. Treasuries	—	$4.5M	$3.7M	4.6%
Investment Fund LDR Preferred Income Fund, LLC	Real Estate	—	$3.4M	$3.4M	4.2%
US TREASURY BOND FED STRIP Zero Coupon Due: 05/15/2032	U.S. Treasuries	—	$2.2M	$2.2M	2.7%
Interest Bearing Cash and Money Market Funds $ Bank Deposit Program	Cash / Money Market	—	$1.7M	$1.7M	2.0%
Private Equity Funds AMG Pantheon Fund, LLC, ESC	Other securities	—	$1.2M	$1.2M	1.5%
StepStone - SPRIM ESC	Other securities	—	$1.2M	$1.2M	1.5%
US TREASURY BOND FED STRIP Zero Coupon Due: 11/15/2048	U.S. Treasuries	—	$845K	$800K	1.0%
US TREASURY BOND FED STRIP Zero Coupon Due: 05/15/2037	U.S. Treasuries	—	$775K	$772K	1.0%
Deutsche Money Market Institutional Fund	Cash / Money Market	—	$702K	$702K	0.9%
Limited Partnership Brookfield Value Add Multi Family III PF	Other securities	—	$540K	$540K	0.7%
US TREASURY BOND FED STRIP Zero Coupon Due: 11/15/2051	U.S. Treasuries	—	$519K	$479K	0.6%
AT&T INC 3.800% Due: 12/01/2057	Bonds / Notes	—	$474K	$470K	0.6%
CALIFORNIA ST GENL OBLIG BUILD AMERICA BONDS 7.550% Due: 04/01/2039	Bonds / Notes	—	$351K	$336K	0.4%
HSBC HOLDINGS PLC 4.950% Due: 03/31/2030	Bonds / Notes	—	$196K	$200K	0.2%
RESOLUTION FDG CORP INT PMT Zero Coupon Due: 04/15/2030	Common Stocks	—	$189K	$200K	0.2%
BANK OF AMERICA CORP 3.311% Due: 04/22/2042	Bonds / Notes	—	$179K	$177K	0.2%
Fairfield Value Add Multi Family IV PF	Other securities	—	$172K	$172K	0.2%
E.I.N. 94-1521987; PLAN NO. 001 DECEMBER 31, 2024 Par Fair Value Sovereign Securities Cost Value $ MEXICO GOVERNMENT INTERNATIONAL BOND 4.750% Due: 03/08/2044	Bonds / Notes	—	$189K	$171K	0.2%
VERIZON COMMUNICATIONS INC 4.000% Due: 03/22/2050	Bonds / Notes	—	$177K	$170K	0.2%
RESOLUTION FDG CORP INT PMT Zero Coupon Due: 01/15/2030	Common Stocks	—	$157K	$166K	0.2%
BROADCOM INC 4.150% Due: 11/15/2030	Bonds / Notes	—	$125K	$130K	0.2%
PFIZER INVESTMENT ENTERPRISES PTE LTD 5.300% Due: 05/19/2053	Bonds / Notes	—	$136K	$128K	0.2%
TELEFONICA EMISIONES SA 7.045% Due: 06/20/2036	Bonds / Notes	—	$125K	$127K	0.2%
PANAMA GOVERNMENT INTERNATIONAL BOND 6.700% Due: 01/26/2036	Bonds / Notes	—	$139K	$125K	0.2%
US TREASURY BOND FED STRIP Zero Coupon Due: 05/15/2030	U.S. Treasuries	—	$122K	$121K	0.2%
BROADCOM INC 4.300% Due: 11/15/2032	Bonds / Notes	—	$114K	$119K	0.1%
PACIFIC GAS AND ELECTRIC CO 4.950% Due: 07/01/2050	Bonds / Notes	—	$104K	$116K	0.1%
BANK OF AMERICA CORP 5.015% Due: 07/22/2033	Bonds / Notes	—	$107K	$110K	0.1%
PHILIPPINE GOVERNMENT INTERNATIONAL BOND 6.375% Due: 10/23/2034	Bonds / Notes	—	$112K	$109K	0.1%
UNITEDHEALTH GROUP INC 5.050% Due: 04/15/2053	Bonds / Notes	—	$119K	$109K	0.1%
BOEING CO/THE 5.805% Due: 05/01/2050	Bonds / Notes	—	$103K	$104K	0.1%
UNITEDHEALTH GROUP INC 4.750% Due: 05/15/2052	Bonds / Notes	—	$105K	$99K	0.1%
BALTIMORE GAS AND ELECTRIC CO 2.250% Due: 06/15/2031	Bonds / Notes	—	$95K	$97K	0.1%
BANK OF AMERICA CORP 4.083% Due: 03/20/2051	Bonds / Notes	—	$96K	$95K	0.1%
JPMORGAN CHASE & CO 3.328% Due: 04/22/2052	Bonds / Notes	—	$96K	$94K	0.1%
PACIFIC GAS AND ELECTRIC CO 6.950% Due: 03/15/2034	Bonds / Notes	—	$82K	$89K	0.1%
UNITEDHEALTH GROUP INC 2.900% Due: 05/15/2050	Bonds / Notes	—	$97K	$88K	0.1%
CENTERPOINT ENERGY RESOURCES CORP 4.400% Due: 07/01/2032	Bonds / Notes	—	$85K	$87K	0.1%
GOLDMAN SACHS GROUP INC 3.436% Due: 02/24/2043	Bonds / Notes	—	$86K	$87K	0.1%
WELLS FARGO & CO FXD 5.499% Due: 01/23/2035	Bonds / Notes	—	$85K	$87K	0.1%
CVS HEALTH CORP 5.125% Due: 07/20/2045	Bonds / Notes	—	$92K	$87K	0.1%
BANK OF AMERICA CORP 4.571% Due: 04/27/2033	Bonds / Notes	—	$85K	$86K	0.1%
SOUTHERN CO 3.700% Due: 04/30/2030	Bonds / Notes	—	$83K	$85K	0.1%
MPLX LP 5.500% Due: 02/15/2049	Bonds / Notes	—	$82K	$85K	0.1%
CIGNA GROUP/THE 3.400% Due: 03/15/2050	Bonds / Notes	—	$91K	$84K	0.1%
INTERNATIONAL BUSINESS MACHINES CORP 4.000% Due: 06/20/2042	Bonds / Notes	—	$84K	$82K	0.1%
Municipal Bonds $ BAY AREA TOLL AUTH CALIF TOLL BRDG REV F-2 6.263% Due: 04/01/2049	Bonds / Notes	—	$89K	$80K	<0.1%
PFIZER INVESTMENT ENTERPRISES PTE LTD 5.340% Due: 5/19/2063	Bonds / Notes	—	$83K	$79K	<0.1%
NISOURCE INC 4.375% Due: 05/15/2047	Bonds / Notes	—	$80K	$78K	<0.1%
BHP BILLITON FINANCE USA LTD 5.000% Due: 09/30/2043	Bonds / Notes	—	$80K	$76K	<0.1%