Plan Snapshot
- Plan Sponsor: First Commonwealth Federal Credit Union
- Sponsor EIN: 231568331
- Sponsor Address: P.O. BOX 20450, LEHIGH VALLEY, PA, 180020450
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $28.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 260 | $28.6M | $421,235 | $1.3M |
| 2023 | 228 | $25.8M | $1.0M | $1.2M |
| 2022 | 214 | $20.2M | $878,429 | $989,818 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — 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 | $53,946 | $13,654 | — | — | — |
| 2023 | $26,337 | $10,237 | — | — | — |
| 2022 | $15,337 | $5,109 | — | — | — |