Plan Snapshot
- Plan Sponsor: First Financial Federal Credit Union
- Sponsor EIN: 520677883
- Sponsor Address: 72 LOVETON CIRCLE, SPARKS GLENCOE, MD, 21152
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 170
- Total Assets: $47.0M
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 | 170 | $47.0M | $1.4M | $874,183 |
| 2023 | 170 | $46.7M | $1.3M | $824,724 |
| 2022 | 158 | $40.0M | $1.2M | $813,376 |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | 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 |
|---|---|---|---|---|---|
| 2024 | $1,700 | — | — | — | — |
| 2023 | $1,760 | — | — | — | — |
| 2022 | $960 | — | $960 | — | — |