Plan Snapshot
- Plan Sponsor: First Community Credit Union
- Sponsor EIN: 930468003
- Sponsor Address: 200 NORTH ADAMS STREET, COQUILLE, OR, 974231253
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $38.7M
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 | 308 | $38.7M | $990,732 | $1.5M |
| 2023 | 296 | $32.5M | $567,201 | $1.3M |
| 2022 | 283 | $27.9M | $570,729 | $1.3M |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MGMT CO | INVESTMENT ADVISOR | $100,000 | — | $100,000 |
| CAPITAL GROUP RETIREMENT PLAN SVCS. | RECORDKEEPER | $40,900 | — | $40,900 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,900
- Estimated Expense Ratio: 0.364% 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 | $140,900 | $100,000 | — | — | — |
| 2023 | $62,180 | $50,000 | — | — | — |
| 2022 | $6,602 | — | $6,602 | — | — |