Plan Snapshot
- Plan Sponsor: Neighborhood Credit Union
- Sponsor EIN: 750224670
- Sponsor Address: P.O. BOX 803476, DALLAS, TX, 753803476
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $24.0M
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 | 186 | $24.0M | $576,430 | $911,140 |
| 2023 | 180 | $21.5M | $573,610 | $912,199 |
| 2022 | 139 | $17.7M | $533,274 | $833,854 |
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 | $68,169 | — | $68,169 |
| MEMBERS CAPITAL ADVISORS, INC. | NONE | $20,641 | — | $20,641 |
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — NONE
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,810
- Estimated Expense Ratio: 0.370% 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 | $88,810 | $20,641 | $58,579 | — | — |
| 2023 | $79,888 | $17,410 | $53,773 | — | — |
| 2022 | $75,556 | $16,362 | $59,194 | — | — |