Plan Snapshot
- Plan Sponsor: Canton School Employees Federal Credit Union
- Sponsor EIN: 340796290
- Sponsor Address: 1380 MARKET AVENUE N., CANTON, OH, 44714
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $17.0M
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 | 126 | $17.0M | $756,911 | $465,462 |
| 2023 | 128 | $14.5M | $749,732 | $453,323 |
| 2022 | 122 | $11.5M | $693,499 | $435,073 |
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 |
|---|---|---|---|---|
| RAYNER, FOOS, KRUSE & IRWIN | 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 | $18,195 | — | $18,195 | — | — |
| 2023 | $13,580 | — | $13,580 | — | — |
| 2022 | $15,243 | $15,243 | — | — | — |