Plan Snapshot
- Plan Sponsor: Cyprus Federal Credit Union
- Sponsor EIN: 870127320
- Sponsor Address: 3876 W CENTER VIEW WAY, WEST JORDAN, UT, 840846512
- Plan Type: DB
- Total Participants: 351
- Total Assets: $39.6M
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 | 351 | $39.6M | $0 | $0 |
| 2023 | 326 | $39.9M | $2.5M | $0 |
| 2022 | 307 | $34.6M | $0 | $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 |
|---|---|---|---|---|
| COOK MARTIN POULSON, 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 | $128,562 | $30,355 | $84,637 | — | — |
| 2023 | $141,146 | $28,229 | $95,979 | — | — |
| 2022 | $175,238 | $35,048 | $140,190 | — | — |