Plan Snapshot
- Plan Sponsor: Global Federal Credit Union
- Sponsor EIN: 920019874
- Sponsor Address: PO BOX 196613, ANCHORAGE, AK, 995036636
- Plan Type: 401(k)
- Total Participants: 1,963
- Total Assets: $149.6M
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 | 1,963 | $149.6M | $5.5M | $9.0M |
| 2023 | 1,965 | $130.7M | $6.0M | $9.0M |
| 2022 | 2,208 | $114.0M | $4.7M | $8.8M |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $339,073 | $121,949 | $192,734 | — | — |
| 2023 | $286,933 | $100,543 | $166,281 | — | — |
| 2022 | $242,892 | $87,137 | $155,755 | — | — |