Plan Snapshot
- Plan Sponsor: Gulf Winds Credit Union
- Sponsor EIN: 596143861
- Sponsor Address: 220 E. NINE MILE ROAD, PENSACOLA, FL, 325343145
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $14.1M
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 | 221 | $14.1M | $300,355 | $775,677 |
| 2023 | 225 | $11.3M | $319,727 | $773,511 |
| 2022 | 213 | $9.9M | $289,267 | $750,588 |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — 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 | $67,618 | $45,846 | $21,772 | — | — |
| 2023 | $57,473 | $48,050 | $7,181 | — | — |
| 2022 | $51,457 | $43,562 | $6,574 | — | — |