Plan Snapshot
- Plan Sponsor: Radifi Federal Credit Union
- Sponsor EIN: 590650052
- Sponsor Address: 562 PARK STREET, JACKSONVILLE, FL, 32204
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $6.5M
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 | 115 | $6.5M | $378,055 | $526,558 |
| 2023 | 105 | $7.9M | $363,648 | $529,789 |
| 2022 | 113 | $10.3M | $365,970 | $562,041 |
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 |
|---|---|---|---|---|
| EWART & ASSOCIATES LLC | Auditor | — | — | $0 |
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 | $20,597 | $4,367 | — | — | — |
| 2023 | $25,854 | $5,608 | — | $4,500 | — |
| 2022 | $24,052 | $6,529 | — | — | $2,600 |