Plan Snapshot
- Plan Sponsor: Community First Credit Union Of
- Sponsor EIN: 590227113
- Sponsor Address: 637 N. LEE STREET, JACKSONVILLE, FL, 32204
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 498
- Total Assets: $30.4M
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. |
|---|---|---|---|---|
| 2025 | 498 | $30.4M | $0 | $0 |
| 2024 | 421 | $26.4M | $913,274 | $1.7M |
| 2023 | 399 | $25.1M | $696,215 | $1.4M |
| 2022 | 338 | $20.6M | $622,276 | $1.3M |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC | Other Service Provider | — | $56,518 | $56,518 |
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $25,564 | $2,620 | $28,184 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $18,655 | — | $18,655 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,357
- Estimated Expense Ratio: 0.340% 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 | $3,139,965 | $24,068 | $17,450 | — | — |
| 2024 | $38,258 | $20,887 | $11,975 | — | — |
| 2023 | $20,514 | $11,264 | $8,250 | — | — |
| 2022 | $16,923 | — | — | — | — |