Plan Snapshot
- Plan Sponsor: Consumers Credit Union
- Sponsor EIN: 361936022
- Sponsor Address: 300 N FIELD DR, LAKE FOREST, IL, 600452513
- Plan Type: DB
- Total Participants: 478
- Total Assets: $227.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 478 | $227.4M | $0 | $0 |
| 2023 | 385 | $207.3M | $0 | $0 |
| 2022 | 374 | $180.2M | $40.0M | $0 |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | NONE | $170,317 | — | $170,317 |
| MEMBERS CAPITAL ADVISORS, INC. | NONE | $83,748 | — | $83,748 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,065
- Estimated Expense Ratio: 0.112% 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 | $254,065 | $83,748 | $137,401 | — | — |
| 2023 | $247,904 | $75,302 | $138,086 | — | — |
| 2022 | $240,682 | $73,108 | $167,574 | — | — |