Plan Snapshot
- Plan Sponsor: Altaone Federal Credit Union
- Sponsor EIN: 951658623
- Sponsor Address: 701 SOUTH CHINA LAKE BOULEVARD, RIDGECREST, CA, 93555
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $10.7M
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 | 186 | $10.7M | $321,838 | $689,977 |
| 2023 | 174 | $9.7M | $242,424 | $631,657 |
| 2022 | 189 | $8.6M | $125,834 | $568,293 |
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 |
|---|---|---|---|---|
| TURNER, WARREN, HWANG & CONRAD | Auditor | — | — | $0 |
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 | $60,029 | $24,716 | — | — | — |
| 2023 | $28,843 | $21,720 | — | — | — |
| 2022 | $27,009 | $23,075 | — | — | — |