Plan Snapshot
- Plan Sponsor: Gfa Federal Credit Union
- Sponsor EIN: 041355545
- Sponsor Address: 229 PARKER STREET, GARDNER, MA, 01440
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 101 | $4.2M | $280,557 | $484,374 |
| 2023 | 91 | $3.3M | $269,201 | $390,375 |
| 2022 | 90 | $2.8M | $230,923 | $359,383 |
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 |
|---|---|---|---|---|
| BAKER NEWMAN & NOYES LLC | 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 |
|---|---|---|---|---|---|
| 2025 | $6,623 | $3,767 | — | — | — |
| 2024 | $14,870 | $11,575 | — | — | — |
| 2023 | $11,868 | $8,764 | — | — | — |
| 2022 | $9,163 | — | $9,163 | — | — |