# Millbury Federal Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/millbury-federal-credit-union-401k-plan

> Millbury Federal Credit Union's 401(k) plan: 92 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Millbury Federal Credit Union

- **Sponsor EIN:** 042074204

- **Sponsor Address:** 50 MAIN STREET, MILLBURY, MA, 01527

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

- **Total Participants:** 92

- **Total Assets:** $22.2M

## 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|92|$22.2M|$560,486|$604,995|

| 2023|87|$19.3M|$566,149|$578,324|

| 2022|90|$16.1M|$503,279|$556,785|

## 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|

| CARON AND BLETZER, PLLC|Auditor|$11,500|—|$11,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CARON AND BLETZER, PLLC](https://planprovider.pro/provider/caron-bletzer) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $11,500

- **Estimated Expense Ratio:** 0.052% 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|$52,338|$20,000|$20,838|$11,500|—|

| 2023|$48,816|$20,000|$18,316|$10,500|—|

| 2022|$47,574|$20,000|$17,774|—|$9,800|

## Similar Plans

- [State Street Corporation](https://planprovider.pro/companies/state-street-corporation-plan-001) — 2,824 participants

- [State Street Corporation](https://planprovider.pro/companies/state-street-corporation-401k-plan) — 11,992 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/millbury-federal-credit-union-401k-plan)

© 2026 PlanProvider.Pro