Plan Snapshot
- Plan Sponsor: Barksdale Federal Credit Union
- Sponsor EIN: 720475038
- Sponsor Address: 2701 VILLAGE LANE, BOSSIER CITY, LA, 711122319
- Plan Type: 401(k)
- Total Participants: 589
- Total Assets: $33.8M
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 | 589 | $33.8M | $1.5M | $1.5M |
| 2023 | 400 | $30.5M | $1.2M | $1.2M |
| 2022 | 447 | $26.5M | $1.0M | $940,971 |
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 |
|---|---|---|---|---|
| HEARD, MCELROY AND VESTAL, LLC | 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 | $67,303 | — | — | — | — |
| 2023 | $86,033 | — | $71,301 | — | — |
| 2022 | $94,305 | — | — | — | $81,110 |