Plan Snapshot
- Plan Sponsor: Nusenda Federal Credit Union
- Sponsor EIN: 850105773
- Sponsor Address: P O BOX 8530, ALBUQUERQUE, NM, 871988530
- Plan Type: 401(k)
- Total Participants: 862
- Total Assets: $36.6M
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 | 862 | $36.6M | $4.2M | $3.3M |
| 2023 | 742 | $25.5M | $336,543 | $2.5M |
| 2022 | 709 | $20.3M | $308,321 | $2.3M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, 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 | $91,723 | $29,930 | $24,062 | — | — |
| 2023 | $64,669 | $21,625 | $15,429 | — | — |
| 2022 | $41,573 | $15,278 | $26,295 | — | — |