# Carolinas Telco Federal Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/carolinas-telco-federal-credit-union-401k-plan

> Carolinas Telco Federal Credit Union's 401(k) plan: 83 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Carolinas Telco Federal Credit Union

- **Sponsor EIN:** 560166559

- **Sponsor Address:** 2821 CRISMAN STREET, CHARLOTTE, NC, 282083847

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

- **Total Participants:** 83

- **Total Assets:** $13.9M

## 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|83|$13.9M|$265,394|$474,753|

| 2023|116|$13.2M|$263,160|$454,342|

| 2022|108|$11.4M|$197,900|$355,241|

## 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|

| DOEREN MAYHEW ASSURANCE|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DOEREN MAYHEW ASSURANCE](https://planprovider.pro/provider/doeren-mayhew-assurance) — Auditor

## 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|$45,983|$12,017|$29,160|—|—|

| 2023|$39,442|$10,755|$24,385|—|—|

| 2022|$38,005|$9,880|$28,125|—|—|

## Similar Plans

- [Piedmont Advantage Credit Union](https://planprovider.pro/companies/piedmont-advantage-credit-union-401k-plan) — 88 participants

- [Summit Credit Union](https://planprovider.pro/companies/summit-credit-union-plan-001-2082) — 96 participants

- [Members Credit Union](https://planprovider.pro/companies/members-credit-union-401k-plan-001) — 108 participants

- [Fort Liberty Federal Credit Union](https://planprovider.pro/companies/fort-bragg-federal-credit-union-401k-plan) — 57 participants

- [Champion Credit Union](https://planprovider.pro/companies/champion-credit-union-401k-plan) — 110 participants

- [Self-Help Services Corporation](https://planprovider.pro/companies/self-help-services-corporation-401k-plan) — 264 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/carolinas-telco-federal-credit-union-401k-plan)

© 2026 PlanProvider.Pro