Plan Snapshot
- Plan Sponsor: First Atlantic Federal Credit Union
- Sponsor EIN: 210647676
- Sponsor Address: 468 INDUSTRIAL WAY W, EATONTOWN, NJ, 07724
- Plan Type: 401(k)
- Total Participants: 56
- Total Assets: $3.1M
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 | 56 | $3.1M | $43,928 | $254,327 |
| 2023 | 57 | $2.7M | $58,563 | $227,235 |
| 2022 | 56 | $2.2M | $44,703 | $222,889 |