Plan Snapshot
- Plan Sponsor: Ithink Financial Credit Union
- Sponsor EIN: 591286880
- Sponsor Address: 1000 NW 17TH AVE, DELRAY BEACH, FL, 33445
- Plan Type: DB
- Plan Number: 001
- Total Participants: 475
- Total Assets: $52.7M
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. |
|---|---|---|---|---|
| 2025 | 475 | $52.7M | $0 | $0 |
| 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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | Other Service Provider | $55,041 | — | $55,041 |
| MEMBERS CAPITAL ADVISORS, INC. | Other Service Provider | $36,694 | — | $36,694 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,735
- Estimated Expense Ratio: 0.174% 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 |
|---|---|---|---|---|---|
| 2025 | $405,322 | $36,694 | $47,702 | — | — |
| 2024 | $84,203 | $33,081 | $44,506 | — | — |
| 2023 | $79,047 | $31,619 | $41,104 | — | — |
| 2022 | $81,445 | $32,578 | $48,867 | — | — |