Plan Snapshot
- Plan Sponsor: Allsouth Federal Credit Union
- Sponsor EIN: 570407742
- Sponsor Address: 730 ELMWOOD AVENUE, COLUMBIA, SC, 29201
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $13.8M
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 | 309 | $13.8M | $0 | $1.0M |
| 2023 | 316 | $12.2M | $0 | $981,492 |
| 2022 | 309 | $10.8M | $0 | $932,361 |
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 |
|---|---|---|---|---|
| THE HOBBS GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE HOBBS GROUP — 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 | $34,134 | $11,144 | $20,499 | — | — |
| 2023 | $32,528 | $9,372 | $20,344 | — | — |
| 2022 | $29,149 | — | $8,898 | — | $20,251 |