Plan Snapshot
- Plan Sponsor: American Heritage Federal Credit Union
- Sponsor EIN: 231370526
- Sponsor Address: 2060 RED LION ROAD, PHILADELPHIA, PA, 191151603
- Plan Type: 401(k)
- Total Participants: 625
- Total Assets: $49.5M
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 | 625 | $49.5M | $2.8M | $2.6M |
| 2023 | 616 | $40.8M | $2.7M | $2.5M |
| 2022 | 601 | $33.4M | $2.6M | $2.4M |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | NONE | $111,896 | — | $111,896 |
| ENVESTNET RETIREMENT SOLUTIONS, LLC | NONE | $9,587 | — | $9,587 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,483
- Estimated Expense Ratio: 0.245% 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 | $121,483 | $9,587 | $86,141 | — | — |
| 2023 | $110,625 | $7,676 | $79,415 | — | — |
| 2022 | $119,204 | $6,665 | $112,539 | — | — |