Plan Snapshot
- Plan Sponsor: Family Security Credit Union
- Sponsor EIN: 630757453
- Sponsor Address: 2204 FAMILY SECURITY PL SW, DECATUR, AL, 35603
- Plan Type: DB
- Total Participants: 158
- Total Assets: $25.7M
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 | 158 | $25.7M | $0 | $0 |
| 2023 | 145 | $24.2M | $1.6M | $0 |
| 2022 | 138 | $19.7M | $1.9M | $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 |
|---|---|---|---|---|
| PEARCE, BEVILL, LEESBURG, MOORE, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PEARCE, BEVILL, LEESBURG, MOORE, PC — 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 | $71,777 | $24,878 | $40,307 | — | — |
| 2023 | $63,982 | $21,327 | $36,257 | — | — |
| 2022 | $67,730 | $22,577 | $45,153 | — | — |