Plan Snapshot
- Plan Sponsor: Bethpage Federal Credit Union
- Sponsor EIN: 111525965
- Sponsor Address: 899 S. OYSTER BAY ROAD, BETHPAGE, NY, 117141030
- Plan Type: DB
- Total Participants: 152
- Total Assets: $113.6M
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 | 152 | $113.6M | $0 | $0 |
| 2023 | 169 | $105.3M | $0 | $0 |
| 2022 | 183 | $97.7M | $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 |
|---|---|---|---|---|
| CHARLES SCHWAB | Other Service Provider | $77,893 | — | $77,893 |
| FIRST STATE TRUST COMPANY | Other Service Provider | $56,767 | — | $56,767 |
| CAPITAL STRATEGIES | Other Service Provider | $25,752 | — | $25,752 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,412
- Estimated Expense Ratio: 0.141% 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 | $160,412 | $103,645 | — | — | — |
| 2023 | $154,369 | $100,027 | — | — | — |
| 2022 | $159,547 | $103,180 | — | — | $56,367 |