Plan Snapshot
- Plan Sponsor: Baxter Credit Union (Dba Bcu)
- Sponsor EIN: 237250155
- Sponsor Address: 340 NORTH MILWAUKEE AVENUE, VERNON HILLS, IL, 60061
- Plan Type: 401(k)
- Total Participants: 624
- Total Assets: $33.5M
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 | 624 | $33.5M | $4.5M | $5.2M |
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 |
|---|---|---|---|---|
| EMPOWER FINANCIAL SERVICES, .00 INC | RECORDKEEPER | $12,604 | — | $12,604 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGER | $5,350 | — | $5,350 |
| SMITH & HOWARD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,954
- Estimated Expense Ratio: 0.054% 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 | $17,953 | — | $17,953 | — | — |