# Rave Financial Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/mobiloil-federal-credit-union-401k-plan

> Rave Financial Credit Union&#39;s 401(k) plan: 298 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Rave Financial Credit Union

- **Sponsor EIN:** 741115584

- **Sponsor Address:** 1810 N MAJOR DRIVE, BEAUMONT, TX, 77713

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

- **Total Participants:** 298

- **Total Assets:** $23.4M

## 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|298|$23.4M|$1.7M|$1.0M|

| 2023|274|$18.6M|$1.5M|$921,246|

| 2022|250|$16.4M|$1.2M|$865,903|

## 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|

| PLANTE & MORAN, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [PLANTE & MORAN, PLLC](https://planprovider.pro/provider/plante-and-moran-pllc) — 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|$25,535|—|$25,535|—|—|

| 2023|$19,326|—|$19,326|—|—|

| 2022|$17,328|—|$17,328|—|—|

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

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