Plan Snapshot
- Plan Sponsor: Alliance Credit Union
- Sponsor EIN: 750800435
- Sponsor Address: 6219 SPUR 327, LUBBOCK, TX, 79424
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 313
- Total Assets: $15.6M
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. |
|---|---|---|---|---|
| 2025 | 313 | $15.6M | $0 | $0 |
| 2024 | 198 | $12.2M | $1.1M | $763,506 |
| 2023 | 136 | $9.9M | $984,179 | $665,707 |
| 2022 | 123 | $7.7M | $803,750 | $589,199 |
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 |
|---|---|---|---|---|
| EQUITABLE ADVISORS LLC | Investment Advisor | $35,934 | — | $35,934 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $13,212 | — | $13,212 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,146
- Estimated Expense Ratio: 0.316% 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 |
|---|---|---|---|---|---|
| 2025 | $1,570,555 | $35,934 | — | — | — |
| 2024 | $35,704 | $30,573 | — | — | — |
| 2023 | $31,631 | $24,168 | — | — | — |
| 2022 | $30,635 | — | — | — | — |