# Neighbors Federal Credit Union DB Plan
Source: https://planprovider.pro/companies/neighbors-federal-credit-union-plan-001

> Neighbors Federal Credit Union's DB plan: 190 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/eisneramper-llp) — 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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/neighbors-federal-credit-union-plan-001)

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