# Bmi Federal Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/bmi-federal-credit-union-401k-plan

> Bmi Federal Credit Union's 401(k) plan: 96 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bmi Federal Credit Union

- **Sponsor EIN:** 314379741

- **Sponsor Address:** 6165 EMERALD PARKWAY, DUBLIN, OH, 43016

- **Plan Type:** 401(k)

- **Total Participants:** 96

- **Total Assets:** $20.0M

## 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|96|$20.0M|$625,217|$601,716|

| 2023|96|$18.1M|$594,448|$613,995|

| 2022|94|$16.1M|$574,476|$621,116|

## 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|

| PLANTE MORAN|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|$9,115|—|$9,115|—|—|

| 2023|$5,735|—|$5,735|—|—|

| 2022|$6,690|—|$6,690|—|—|

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