Plan Snapshot
- Plan Sponsor: Iq Credit Union
- Sponsor EIN: 910576399
- Sponsor Address: PO BOX 1739, VANCOUVER, WA, 98668
- Plan Type: 401(k)
- Total Participants: 344
- Total Assets: $36.6M
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 | 344 | $36.6M | $1.4M | $2.2M |
| 2023 | 368 | $29.9M | $1.3M | $2.0M |
| 2022 | 353 | $23.8M | $1.0M | $1.7M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $91,472 | — | $91,472 |
| CAMBRIDGE INVESTMENT RESEARCH, INC. | NONE | $43,591 | — | $43,591 |
| PERKINS & COMPANY | Auditor | $43,591 | — | $43,591 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- PERKINS & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,654
- Estimated Expense Ratio: 0.488% 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 | $135,064 | — | $91,473 | $43,591 | — |
| 2023 | $112,633 | $38,025 | $74,608 | — | — |
| 2022 | $110,910 | — | $110,910 | — | — |