Plan Snapshot
- Plan Sponsor: Radiant Credit Union
- Sponsor EIN: 590808589
- Sponsor Address: 4440 NW 25TH PLACE, GAINESVILLE, FL, 32606
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $15.8M
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 | 180 | $15.8M | $597,446 | $816,351 |
| 2023 | 175 | $15.4M | $558,525 | $752,518 |
| 2022 | 176 | $13.9M | $520,536 | $709,979 |
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 |
|---|---|---|---|---|
| PURVIS GRAY & COMPANY, LLP | 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 | $62,869 | $30,724 | — | — | — |
| 2023 | $50,058 | $22,542 | — | — | — |
| 2022 | $14,557 | — | — | — | — |