Plan Snapshot
- Plan Sponsor: Knoxville Tva Employees Credit Union
- Sponsor EIN: 620263105
- Sponsor Address: 1409 CENTERPOINT BLVD, KNOXVILLE, TN, 379321962
- Plan Type: 401(k)
- Total Participants: 591
- Total Assets: $41.0M
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 | 591 | $41.0M | $1.2M | $2.8M |
| 2023 | 558 | $34.3M | $1.0M | $2.6M |
| 2022 | 503 | $28.6M | $738,813 | $2.3M |
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 | $89,488 | — | $89,488 | — | — |
| 2023 | $84,400 | — | $84,400 | — | — |
| 2022 | $76,926 | — | $76,926 | — | — |