Plan Snapshot
- Plan Sponsor: Kinetic Credit Union
- Sponsor EIN: 580667515
- Sponsor Address: 1251 13TH STREET, COLUMBUS, GA, 319012227
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $21.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 127 | $21.2M | $759,165 | $511,514 |
| 2023 | 131 | $18.6M | $729,092 | $503,515 |
| 2022 | 133 | $15.3M | $708,779 | $484,999 |
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 | $71,485 | $17,590 | $45,100 | — | — |
| 2023 | $59,542 | $14,404 | $37,936 | — | — |
| 2022 | $56,780 | $13,043 | $43,737 | — | — |