# Granite Federal Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/granite-federal-credit-union-401k-plan

> Granite Federal Credit Union's 401(k) plan: 119 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Granite Federal Credit Union

- **Sponsor EIN:** 870232489

- **Sponsor Address:** 3675 S 900 E, SALT LAKE CITY, UT, 841061964

- **Plan Type:** 401(k)

- **Total Participants:** 119

- **Total Assets:** $15.1M

## 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|119|$15.1M|$630,061|$505,077|

| 2023|105|$13.6M|$624,174|$472,363|

| 2022|107|$11.7M|$614,622|$473,421|

## 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](https://planprovider.pro/provider/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|$3,651|—|$3,651|—|—|

| 2023|$1,969|—|$1,969|—|—|

| 2022|$2,940|—|$2,940|—|—|

## Similar Plans

- [Wasatch Peaks Federal Credit Union](https://planprovider.pro/companies/wasatch-peaks-federal-credit-union-401k-plan) — 110 participants

- [American United Federal Credit Union](https://planprovider.pro/companies/american-united-federal-credit-union-401k-plan) — 95 participants

- [Utah First Federal Credit Union](https://planprovider.pro/companies/utah-first-federal-credit-union-401k-plan) — 87 participants

- [Eastern Utah Community Credit Union](https://planprovider.pro/companies/eastern-utah-community-credit-union-401k-plan) — 32 participants

- [Deseret First Federal Credit Union](https://planprovider.pro/companies/deseret-first-federal-credit-union-401k-plan) — 209 participants

- [Cyprus Federal Credit Union](https://planprovider.pro/companies/cyprus-federal-credit-union-plan-001) — 351 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/granite-federal-credit-union-401k-plan)

© 2026 PlanProvider.Pro