Plan Snapshot
- Plan Sponsor: Affinity Federal Credit Union
- Sponsor EIN: 135562114
- Sponsor Address: 73 MOUNTAIN VIEW BLVD, BASKING RIDGE, NJ, 07920
- Plan Type: 401(k)
- Total Participants: 513
- Total Assets: $109.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 513 | $109.1M | $2.2M | $3.7M |
| 2023 | 510 | $96.5M | $2.4M | $3.9M |
| 2022 | 513 | $80.6M | $2.0M | $3.5M |
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 |
|---|---|---|---|---|
| EISNER AMPER LLP | Auditor | $20,000 | — | $20,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNER AMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,000
- Estimated Expense Ratio: 0.018% 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 | $158,217 | $52,697 | — | $20,000 | — |
| 2023 | $155,892 | $53,860 | — | $37,800 | — |
| 2022 | $163,412 | $49,196 | — | — | $33,600 |