Plan Snapshot
- Plan Sponsor: Neighbors Federal Credit Union
- Sponsor EIN: 720505488
- Sponsor Address: PO BOX 2831, BATON ROUGE, LA, 708212831
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $20.3M
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 | 217 | $20.3M | $544,731 | $1.2M |
| 2023 | 200 | $18.1M | $518,528 | $1.1M |
| 2022 | 209 | $15.9M | $490,724 | $1.0M |
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 |
|---|---|---|---|---|
| EISNERAMPERLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPERLLP — 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 | $48,898 | $18,364 | $26,861 | — | — |
| 2023 | $46,074 | $15,329 | $26,936 | — | — |
| 2022 | $49,189 | $14,711 | $34,478 | — | — |