# Liberty Bay Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/liberty-bay-credit-union-plan

> Liberty Bay Credit Union's 401(k) plan: 71 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Liberty Bay Credit Union

- **Sponsor EIN:** 041896000

- **Sponsor Address:** 300 GRANITE ST, BRAINTREE, MA, 021844999

- **Plan Type:** 401(k)

- **Total Participants:** 71

- **Total Assets:** $31.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|71|$31.3M|$733,977|$438,695|

| 2023|73|$31.0M|$704,260|$448,277|

| 2022|73|$27.2M|$772,718|$519,732|

## 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|

| BAKER NEWMAN NOYES|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|$31,069|—|$25,425|—|—|

| 2023|$26,740|—|$21,897|—|—|

| 2022|$26,272|—|$26,272|—|—|

## Similar Plans

- [Direct Federal Credit Union](https://planprovider.pro/companies/direct-federal-credit-union-401k-plan) — 73 participants

- [Quincy Credit Union](https://planprovider.pro/companies/quincy-credit-union-plan) — 81 participants

- [Merrimack Valley Credit Union As Succ In Int To Rtn Fed Credit Union](https://planprovider.pro/companies/rtn-federal-credit-union-401k-plan-007) — 59 participants

- [Metro Credit Union](https://planprovider.pro/companies/metro-credit-union-plan-002) — 48 participants

- [Gfa Federal Credit Union](https://planprovider.pro/companies/gfa-federal-credit-union-401k-plan) — 101 participants

- [Freedom Credit Union](https://planprovider.pro/companies/freedom-credit-union-401k-plan-003-1180) — 102 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/liberty-bay-credit-union-plan)

© 2026 PlanProvider.Pro