Plan Snapshot
- Plan Sponsor: Land Of Lincoln Credit Union
- Sponsor EIN: 370643547
- Sponsor Address: 1435 NORTH WATER STREETDECATUR, DECATUR, IL, 62526
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $8.8M
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 | 141 | $8.8M | $417,876 | $438,581 |
| 2023 | 151 | $8.4M | $413,210 | $396,490 |
| 2022 | 147 | $7.6M | $337,893 | $360,733 |
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 |
|---|---|---|---|---|
| WIPFLI, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI, LLP — 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 | $53,678 | $20,000 | $33,228 | — | — |
| 2023 | $45,204 | $20,000 | $24,704 | — | — |
| 2022 | $43,752 | — | — | — | — |