Plan Snapshot
- Plan Sponsor: Freedom Credit Union
- Sponsor EIN: 232403099
- Sponsor Address: 626 JACKSONVILLE ROAD, SUITE 250, WARMINSTER, PA, 189744862
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $19.8M
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 | 89 | $19.8M | $744,790 | $494,930 |
| 2023 | 86 | $18.0M | $766,675 | $462,897 |
| 2022 | 86 | $15.6M | $680,447 | $436,895 |
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 |
|---|---|---|---|---|
| RKL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL, 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 | $64,492 | $17,876 | $39,465 | — | — |
| 2023 | $55,758 | $15,624 | $33,885 | — | — |
| 2022 | $56,235 | $15,503 | $40,732 | — | — |