Plan Snapshot
- Plan Sponsor: Healthcare Associates Credit Union
- Sponsor EIN: 363047069
- Sponsor Address: 2441 WARRENVILLE ROAD, LISLE, IL, 60532
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $14.6M
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 | 62 | $14.6M | $368,191 | $347,240 |
| 2023 | 67 | $13.5M | $367,072 | $340,915 |
| 2022 | 62 | $11.7M | $361,987 | $308,723 |
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 | $23,940 | — | $23,940 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,940
- Estimated Expense Ratio: 0.164% 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 | $29,721 | — | — | $23,940 | — |
| 2023 | $24,094 | — | — | $20,700 | — |
| 2022 | $42,059 | — | — | — | — |