Plan Snapshot
- Plan Sponsor: Point Breeze Credit Union
- Sponsor EIN: 520447180
- Sponsor Address: 11104 MCCORMICK ROAD, HUNT VALLEY, MD, 21031
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $17.9M
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 | 119 | $17.9M | $884,309 | $557,750 |
| 2023 | 116 | $15.5M | $812,586 | $545,567 |
| 2022 | 117 | $14.0M | $830,827 | $574,386 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $41,153 | — | $41,153 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORD KEEPER | $13,250 | — | $13,250 |
| BENCHMARK RETIREMENT PLAN SERVICES | CONTRACT ADMIN | $7,784 | — | $7,784 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,187
- Estimated Expense Ratio: 0.347% 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 | $4,520 | $4,520 | — | — | — |
| 2023 | $11,778 | $11,778 | — | — | — |
| 2022 | $11,971 | $11,971 | — | — | — |