# Educational Federal Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/educational-federal-credit-union-401k-plan

> Educational Federal Credit Union's 401(k) plan: 338 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Educational Federal Credit Union

- **Sponsor EIN:** 590630270

- **Sponsor Address:** 7800 SW 117TH AVE, MIAMI, FL, 33183

- **Plan Type:** 401(k)

- **Total Participants:** 338

- **Total Assets:** $45.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|338|$45.1M|$1.6M|$1.4M|

| 2023|291|$40.1M|$1.4M|$1.3M|

| 2022|267|$32.6M|$1.2M|$1.1M|

## 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|

| DOEREN MAYHEW ASSURANCE|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DOEREN MAYHEW ASSURANCE](https://planprovider.pro/provider/doeren-mayhew-assurance) — 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|$17,163|$11,538|—|—|—|

| 2023|$16,183|$11,945|—|—|—|

| 2022|$13,463|$10,413|—|—|—|

## Similar Plans

- [Ithink Financial Credit Union](https://planprovider.pro/companies/ithink-financial-credit-union-plan-001) — 343 participants

- [Campus Usa Credit Union](https://planprovider.pro/companies/campus-usa-credit-union-plan-001) — 345 participants

- [Launch Credit Union](https://planprovider.pro/companies/launch-credit-union-retirement-plan-401k-plan) — 311 participants

- [Florida Credit Union](https://planprovider.pro/companies/florida-credit-union-401k-plan) — 311 participants

- [Pen Air Credit Union](https://planprovider.pro/companies/pen-air-credit-union-401k-plan) — 375 participants

- [Ithink Financial Credit Union](https://planprovider.pro/companies/ithink-financial-credit-union-401k-plan) — 390 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/educational-federal-credit-union-401k-plan)

© 2026 PlanProvider.Pro