# Nusenda Credit Union Health & Welfare Plan
Source: https://planprovider.pro/companies/nusenda-credit-union-850105773-509

> Nusenda Credit Union's Health & Welfare plan: 616 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nusenda Credit Union

- **Sponsor EIN:** 850105773

- **Sponsor Address:** P.O. BOX 8530, ALBUQUERQUE, NM, 87198

- **Plan Type:** Health & Welfare

- **Plan Number:** 509

- **Total Participants:** 616

- **Total Assets:** $0

## 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|616|$0|$0|$0|

| 2023|750|$0|$0|$0|

| 2022|724|$0|$0|$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|

| CIGNA HEALTH AND LIFE INS CO|Recordkeeper|$258,392|$115,923|$374,315|

| CANOPY|Other Service Provider|$38,358|—|$38,358|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $412,673

### 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|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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