Plan Snapshot
- Plan Sponsor: Fort Liberty Federal Credit Union
- Sponsor EIN: 560710974
- Sponsor Address: 1638 SKIBO RD, FAYETTEVILLE, NC, 283033480
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $10.5M
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 | 57 | $10.5M | $386,535 | $315,750 |
| 2023 | 65 | $9.7M | $341,832 | $277,657 |
| 2022 | 61 | $9.0M | $314,470 | $275,120 |
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 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — 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 | $18,298 | $4,671 | $11,759 | — | — |
| 2023 | $26,309 | $7,117 | $16,346 | — | — |
| 2022 | $21,073 | $7,063 | $14,010 | — | — |