Plan Snapshot
- Plan Sponsor: Citizens Equity First Credit Union
- Sponsor EIN: 376028123
- Sponsor Address: 5401 W DIRKSEN PARKWAY, PEORIA, IL, 61607
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,223
- Total Assets: $166.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 1,223 | $166.9M | $0 | $0 |
| 2024 | 987 | $145.1M | $1.2M | $4.0M |
| 2023 | 954 | $124.6M | $1.2M | $3.7M |
| 2022 | 931 | $102.7M | $2.6M | $3.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $18,510 | — | $18,510 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,249 | — | $16,249 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,759
- Estimated Expense Ratio: 0.021% 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 |
|---|---|---|---|---|---|
| 2025 | $9,151,176 | $18,510 | — | — | — |
| 2024 | $33,969 | $12,769 | $2,700 | — | — |
| 2023 | $40,095 | $12,381 | — | — | — |
| 2022 | $8,170 | $7,470 | — | — | — |