Plan Snapshot
- Plan Sponsor: Americu Credit Union
- Sponsor EIN: 150542361
- Sponsor Address: 1916 BLACK RIVER BLVD N, ROME, NY, 13440
- Plan Type: 401(k)
- Total Participants: 418
- Total Assets: $36.9M
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 | 418 | $36.9M | $939,113 | $2.2M |
| 2023 | 416 | $34.1M | $900,321 | $2.1M |
| 2022 | 409 | $29.6M | $783,509 | $1.9M |
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 |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | PLAN ADMINISTRATOR | $44,204 | — | $44,204 |
| FIRLEY, MORAN, FREER & EASSA CPA PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,204
- Estimated Expense Ratio: 0.120% 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 | $47,797 | $3,593 | $2,560 | — | — |
| 2023 | $43,807 | $1,394 | $2,470 | — | — |
| 2022 | $41,979 | $1,422 | — | — | — |