Plan Snapshot
- Plan Sponsor: Communication Federal Credit Union
- Sponsor EIN: 730582460
- Sponsor Address: 4141 NW EXPRESSWAY, OKLAHOMA CITY, OK, 73116
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $25.3M
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 | 284 | $25.3M | $1.0M | $932,970 |
| 2023 | 260 | $22.9M | $1.1M | $877,001 |
| 2022 | 240 | $19.2M | $1.0M | $818,949 |
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 |
|---|---|---|---|---|
| FINLEY & COOK | Auditor | $12,200 | — | $12,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,200
- Estimated Expense Ratio: 0.048% 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 | $1,858 | — | — | $12,200 | — |
| 2023 | $16,953 | — | — | $11,028 | — |
| 2022 | $8,282 | — | — | — | — |