Plan Snapshot
- Plan Sponsor: Alabama One Credit Union
- Sponsor EIN: 630353833
- Sponsor Address: 1215 VETERANS MEMORIAL PARKWAY, TUSCALOOSA, AL, 35404
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $16.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 284 | $16.8M | $1.6M | $821,289 |
| 2023 | 284 | $13.4M | $1.2M | $680,156 |
| 2022 | 235 | $10.7M | $969,616 | $560,720 |
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 |
|---|---|---|---|---|
| PEARCE, BEVILL, LEESBURG, MOORE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEARCE, BEVILL, LEESBURG, MOORE — Auditor
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 | $75,425 | $37,863 | $22,798 | — | — |
| 2023 | $59,726 | $28,795 | $18,339 | — | — |
| 2022 | $29,560 | $661 | $23,516 | — | $5,383 |