# Greenstate Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/greenstate-credit-union-401k-plan

> Greenstate Credit Union's 401(k) plan: 929 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Greenstate Credit Union

- **Sponsor EIN:** 420804594

- **Sponsor Address:** 2355 LANDON ROAD, NORTH LIBERTY, IA, 523176508

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

- **Total Participants:** 929

- **Total Assets:** $123.5M

## 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|929|$123.5M|$7.4M|$7.4M|

| 2023|874|$102.0M|$7.0M|$7.0M|

| 2022|928|$82.7M|$6.8M|$6.7M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$130,795|—|$130,795|

| CAPFINANCIAL PARTNERS, LLC|INVESTMENT ADVISORY|$60,422|$78|$60,500|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $191,295

- **Estimated Expense Ratio:** 0.155% of plan assets

### 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|$191,217|$60,422|$130,795|—|—|

| 2023|$169,098|$60,381|$108,717|—|—|

| 2022|$162,935|$60,437|$102,498|—|—|

## Similar Plans

- [Veridian Credit Union](https://planprovider.pro/companies/veridian-credit-union-401k-plan) — 1,016 participants

- [Dupaco Community Credit Union](https://planprovider.pro/companies/dupaco-community-credit-union-401k-plan) — 571 participants

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

© 2026 PlanProvider.Pro