Plan Snapshot
- Plan Sponsor: Empeople Credit Union
- Sponsor EIN: 362472059
- Sponsor Address: P.O. BOX 339, MOLINE, IL, 61266
- Plan Type: 401(k)
- Total Participants: 255
- Total Assets: $41.6M
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. |
|---|---|---|---|---|
| 2024 | 255 | $41.6M | $2.1M | $1.9M |
| 2023 | 239 | $34.5M | $2.4M | $1.9M |
| 2022 | 233 | $21.6M | $1.4M | $1.4M |
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 |
|---|---|---|---|---|
| SELDON FOX, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SELDON FOX, LTD — Auditor
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 | $104,138 | $31,817 | $72,321 | — | — |
| 2023 | $83,783 | $23,110 | $60,673 | — | — |
| 2022 | $70,373 | — | $70,373 | — | — |