Plan Snapshot
- Plan Sponsor: Cornerstone Community Federal Credit Union
- Sponsor EIN: 160817398
- Sponsor Address: 6485 S TRANSIT ROAD, LOCKPORT, NY, 140946331
- Plan Type: DC
- Total Participants: 150
- Total Assets: $18.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 150 | $18.9M | $742,441 | $833,059 |
| 2023 | 143 | $16.4M | $634,227 | $721,819 |
| 2022 | 129 | $13.4M | $580,646 | $709,463 |
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 |
|---|---|---|---|---|
| FIRLEY, MORAN, FREER & EASSA CPA PC | Auditor | — | — | $0 |
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 | $19,486 | — | $19,486 | — | — |
| 2023 | $18,385 | — | $18,385 | — | — |
| 2022 | $16,868 | — | $16,868 | — | — |