Plan Snapshot
- Plan Sponsor: Avenir Financial Federal Credit Union
- Sponsor EIN: 860146700
- Sponsor Address: 1780 SOUTH 1ST AVE, YUMA, AZ, 853645705
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $5.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 96 | $5.6M | $117,872 | $412,491 |
| 2023 | 102 | $4.9M | $131,927 | $356,031 |
| 2022 | 98 | $4.0M | $110,616 | $289,428 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TURNER, WARNER, HWANG AND CONRAD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $37,112 | $4,690 | $28,201 | — | — |
| 2023 | $29,329 | $3,730 | $22,242 | — | — |
| 2022 | $28,627 | $3,425 | $25,202 | — | — |