Plan Snapshot
- Plan Sponsor: Abilene Teachers Federal Credit Union
- Sponsor EIN: 750888860
- Sponsor Address: PO BOX 5706, ABILENE, TX, 796085706
- Plan Type: DC
- Total Participants: 118
- Total Assets: $9.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 118 | $9.9M | $910,701 | $0 |
| 2023 | 103 | $8.7M | $808,494 | $0 |
| 2022 | 101 | $7.5M | $727,909 | $0 |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | NONE | $41,583 | — | $41,583 |
| MEMBERS CAPITAL ADVISORS, INC. | NONE | $7,829 | — | $7,829 |
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,412
- Estimated Expense Ratio: 0.498% of plan assets
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 | $49,412 | $8,058 | $35,440 | — | — |
| 2023 | $43,720 | $6,251 | $34,761 | — | — |
| 2022 | $38,995 | $9,025 | $29,970 | — | — |