Plan Snapshot
- Plan Sponsor: Marine Credit Union
- Sponsor EIN: 390827305
- Sponsor Address: 300 2ND STREET NORTH, LA CROSSE, WI, 54601
- Plan Type: 401(k)
- Total Participants: 418
- Total Assets: $37.3M
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 | 418 | $37.3M | $871,557 | $2.4M |
| 2023 | 420 | $32.4M | $1.0M | $2.5M |
| 2022 | 433 | $25.9M | $981,633 | $2.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $70,736 | — | $70,736 |
| GROVE POINT INVESTMENTS LLC | Investment Advisor | $67,834 | — | $67,834 |
| ROLAND CRISS & WILLIAMS INC DBA ROL | Other Service Provider | $16,287 | — | $16,287 |
| CLIFTONLARSONALLEN LLP | Auditor | $14,741 | — | $14,741 |
| EMPOWER ADVISORY GROUP | Investment Advisor | $8,310 | — | $8,310 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,908
- Estimated Expense Ratio: 0.476% 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 | $177,907 | $76,143 | — | $14,741 | — |
| 2023 | $104,456 | $35,594 | — | $10,494 | — |
| 2022 | $92,921 | $51,420 | $17,411 | — | $24,090 |