Plan Snapshot
- Plan Sponsor: Liberty Federal Credit Union
- Sponsor EIN: 350885388
- Sponsor Address: PO BOX 5129, EVANSVILLE, IN, 477165129
- Plan Type: 401(k)
- Total Participants: 603
- Total Assets: $49.8M
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 | 603 | $49.8M | $2.2M | $2.6M |
| 2023 | 584 | $42.6M | $2.1M | $2.4M |
| 2022 | 553 | $34.4M | $2.0M | $2.4M |
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 | $160,803 | $43,579 | $99,792 | — | — |
| 2023 | $129,409 | $34,847 | $80,623 | — | — |
| 2022 | $113,237 | $30,703 | $82,534 | — | — |