Plan Snapshot
- Plan Sponsor: Metro Cu Federal Credit Union
- Sponsor EIN: 476026142
- Sponsor Address: 14517 F STREET - SUITE 211, OMAHA, NE, 68137
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $13.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 98 | $13.9M | $287,783 | $421,744 |
| 2023 | 105 | $11.9M | $287,776 | $419,716 |
| 2022 | 112 | $10.0M | $287,226 | $426,307 |
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 | $49,560 | — | $49,560 |
| CONVERGENCE WEALTH LLC | Investment Advisor | $14,011 | — | $14,011 |
| GLOBAL RETIREMENTS PARTNERS LLC | Investment Advisor | $14,011 | — | $14,011 |
| BENEFIT PLANS INC | Other Service Provider | $2,100 | $6,011 | $8,111 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENTS PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,693
- Estimated Expense Ratio: 0.617% 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 | $45,515 | — | $45,515 | — | — |
| 2023 | $40,626 | — | $40,626 | — | — |
| 2022 | $77,230 | $21,802 | $55,428 | — | — |