Plan Snapshot
- Plan Sponsor: Interra Credit Union
- Sponsor EIN: 351082578
- Sponsor Address: 300 WEST LINCOLN AVENUE, GOSHEN, IN, 465263221
- Plan Type: 401(k)
- Total Participants: 291
- Total Assets: $38.2M
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 | 291 | $38.2M | $1.0M | $1.6M |
| 2023 | 291 | $31.4M | $1.2M | $1.5M |
| 2022 | 270 | $25.9M | $1.6M | $1.4M |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | NONE | $71,418 | — | $71,418 |
| MEMBERS CAPITAL ADVISORS, INC | NONE | $33,205 | — | $33,205 |
| FORVIS MARZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- FORVIS MARZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,623
- Estimated Expense Ratio: 0.274% 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 | $112,811 | $33,205 | $68,634 | — | — |
| 2023 | $94,434 | $25,924 | $58,141 | — | — |
| 2022 | $82,796 | $23,760 | $59,036 | — | — |