Plan Snapshot
- Plan Sponsor: Partners 1st Federal Credit Union
- Sponsor EIN: 351079936
- Sponsor Address: 1330 DIRECTORS ROW, FORT WAYNE, IN, 468081274
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $18.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 171 | $18.8M | $701,423 | $700,252 |
| 2023 | 175 | $16.6M | $979,846 | $688,062 |
| 2022 | 158 | $14.9M | $856,408 | $619,348 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $91,302 | — | $91,302 |
| SYM FINANCIAL ADVISORS | FINANCIAL ADVISOR | $53,497 | — | $53,497 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- SYM FINANCIAL ADVISORS — FINANCIAL ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,799
- Estimated Expense Ratio: 0.768% of plan assets
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 | $91,302 | — | $91,302 | — | — |
| 2023 | $47,095 | — | $47,095 | — | — |
| 2022 | $58,147 | — | $58,147 | — | — |