Plan Snapshot
- Plan Sponsor: Kemba Financial Credit Union, INC.
- Sponsor EIN: 316034826
- Sponsor Address: 555 OFFICENTER PLACE, GAHANNA, OH, 43230
- Plan Type: 401(k)
- Total Participants: 335
- Total Assets: $29.9M
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 | 335 | $29.9M | $2.0M | $1.8M |
| 2023 | 312 | $27.0M | $1.7M | $1.8M |
| 2022 | 304 | $22.0M | $1.8M | $1.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $51,195 | — | $51,195 |
| COMMONWEALTH FINANCIAL NETWORK | ADVISOR | $30,000 | — | $30,000 |
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- COMMONWEALTH FINANCIAL NETWORK — ADVISOR
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,195
- Estimated Expense Ratio: 0.271% 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 | $81,195 | $30,000 | — | — | — |
| 2023 | $72,781 | $30,000 | — | — | — |
| 2022 | $72,014 | — | — | — | — |