Plan Snapshot
- Plan Sponsor: Philadelphia Federal Credit Union
- Sponsor EIN: 231502500
- Sponsor Address: 12800 TOWNSEND RD, PHILADELPHIA, PA, 191541003
- Plan Type: DB
- Total Participants: 224
- Total Assets: $108.7M
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 | 224 | $108.7M | $0 | $0 |
| 2023 | 209 | $99.3M | $0 | $0 |
| 2022 | 203 | $89.4M | $3.0M | $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 |
|---|---|---|---|---|
| CONNOLLY, GRADY AND CHA, P.C. | Auditor | — | — | $0 |
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 | $258,626 | $87,809 | $145,275 | — | — |
| 2023 | $223,860 | $74,620 | $126,854 | — | — |
| 2022 | $243,759 | $81,253 | $162,506 | — | — |