Plan Snapshot
- Plan Sponsor: Southern Energy Credit Union
- Sponsor EIN: 630328360
- Sponsor Address: 750 17TH STREET NORTH, BIRMINGHAM, AL, 352032020
- Plan Type: DB
- Total Participants: 114
- Total Assets: $24.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 114 | $24.6M | $0 | $0 |
| 2023 | 95 | $22.8M | $0 | $0 |
| 2022 | 91 | $20.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| PEARCE, BEVILL, LEESBURG, MOORE, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEARCE, BEVILL, LEESBURG, MOORE, PC — 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 | $59,817 | $20,181 | $33,763 | — | — |
| 2023 | $50,965 | $16,988 | $28,880 | — | — |
| 2022 | $53,571 | $17,857 | $35,714 | — | — |