Plan Snapshot
- Plan Sponsor: Patriot Federal Credit Union
- Sponsor EIN: 251150379
- Sponsor Address: 800 WAYNE AVE, CHAMBERSBURG, PA, 172013810
- Plan Type: DB
- Total Participants: 90
- Total Assets: $51.2M
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 | 90 | $51.2M | $0 | $0 |
| 2023 | 106 | $52.8M | $194 | $0 |
| 2022 | 123 | $52.6M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $126,075 | — | $126,075 |
| MML INVESTORS SERVICES LLC | INVESTMENT ADVISORY | — | $23,083 | $23,083 |
| TRIBRIDGE PARTNERS FINANCIAL LLC | INVESTMENT ADVISORY | — | $13,098 | $13,098 |
| SMITH ELLIOTT KEARNS & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES LLC — INVESTMENT ADVISORY
- SMITH ELLIOTT KEARNS & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,256
- Estimated Expense Ratio: 0.317% 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 | $152,234 | — | $126,075 | — | — |
| 2023 | $125,084 | — | $99,450 | — | — |
| 2022 | $123,076 | — | $98,700 | — | — |