Plan Snapshot
- Plan Sponsor: Mainstreet Federal Credit Union
- Sponsor EIN: 480672349
- Sponsor Address: 13001 WEST 95TH STREET, LENEXA, KS, 662153726
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $8.1M
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 | 145 | $8.1M | $327,672 | $631,624 |
| 2023 | 139 | $6.6M | $265,050 | $508,966 |
| 2022 | 118 | $6.3M | $266,862 | $535,006 |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | NONE | $52,829 | — | $52,829 |
| J. TENBRINK AND ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- J. TENBRINK AND ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,829
- Estimated Expense Ratio: 0.651% of plan assets
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 | $53,868 | — | $45,638 | — | — |
| 2023 | $45,435 | — | $38,403 | — | — |
| 2022 | $46,019 | — | $45,193 | — | $826 |