Plan Snapshot
- Plan Sponsor: Evergreen Credit Union
- Sponsor EIN: 010216328
- Sponsor Address: 225 RIVERSIDE STREET, PORTLAND, ME, 04104
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 152
- Total Assets: $13.5M
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. |
|---|---|---|---|---|
| 2025 | 152 | $13.5M | $0 | $0 |
| 2024 | 120 | $12.0M | $496,915 | $551,328 |
| 2023 | 109 | $10.0M | $460,768 | $497,678 |
| 2022 | 102 | $7.6M | $439,898 | $475,122 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | 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 |
|---|---|---|---|---|---|
| 2025 | $1,775,258 | — | $3,022 | — | — |
| 2024 | $800 | — | $800 | — | — |
| 2023 | $600 | — | $600 | — | — |
| 2022 | $3,344 | — | $3,344 | — | — |