Plan Snapshot
- Plan Sponsor: Esl Federal Credit Union
- Sponsor EIN: 161490324
- Sponsor Address: 225 CHESTNUT STREET, ROCHESTER, NY, 14604
- Plan Type: Health & Welfare
- Plan Number: 506
- Total Participants: 139
- Total Assets: $8.2M
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 | 139 | $8.2M | $0 | $0 |
| 2023 | 129 | $7.7M | $0 | $1.3M |
| 2022 | 118 | $7.0M | $0 | $1.2M |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB BANK | Recordkeeper | $5,563 | — | $5,563 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,563
- Estimated Expense Ratio: 0.068% 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 | $8,645 | — | — | — | — |
| 2023 | $1,891,107 | — | — | — | — |
| 2022 | $1,505,849 | — | — | — | — |