Plan Snapshot
- Plan Sponsor: Ithink Financial Credit Union
- Sponsor EIN: 591286880
- Sponsor Address: 1000 NW 17TH AVE, DELRAY BEACH, FL, 33445
- Plan Type: DB
- Total Participants: 343
- Total Assets: $47.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 343 | $47.0M | $0 | $0 |
| 2023 | 334 | $43.5M | $0 | $0 |
| 2022 | 305 | $45.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — 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 | $84,203 | $33,081 | $44,506 | — | — |
| 2023 | $79,047 | $31,619 | $41,104 | — | — |
| 2022 | $81,445 | $32,578 | $48,867 | — | — |