Plan Snapshot
- Plan Sponsor: Arkansas Federal Credit Union
- Sponsor EIN: 710292056
- Sponsor Address: P.O. BOX 24410, LITTLE ROCK, AR, 72221
- Plan Type: 401(k)
- Total Participants: 355
- Total Assets: $21.0M
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 | 355 | $21.0M | $709,979 | $1.6M |
| 2023 | 355 | $17.1M | $637,018 | $1.5M |
| 2022 | 352 | $13.1M | $549,714 | $1.3M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — 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 | $64,980 | $18,573 | $40,835 | — | — |
| 2023 | $49,044 | $14,227 | $30,549 | — | — |
| 2022 | $40,330 | $12,069 | $28,261 | — | — |