Plan Snapshot
- Plan Sponsor: Neighbors Federal Credit Union
- Sponsor EIN: 720505488
- Sponsor Address: 12529 PERKINS RD, BATON ROUGE, LA, 708101907
- Plan Type: DB
- Total Participants: 190
- Total Assets: $67.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 190 | $67.8M | $8.5M | $0 |
| 2023 | 185 | $54.2M | $3.0M | $0 |
| 2022 | 183 | $48.5M | $6.0M | $0 |
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 | $88,327 | $36,803 | $44,163 | — | — |
| 2023 | $105,812 | $38,524 | $57,358 | — | — |
| 2022 | $95,309 | $31,770 | $63,539 | — | — |