Plan Snapshot
- Plan Sponsor: Red River Employees Federal Credit Union
- Sponsor EIN: 750813510
- Sponsor Address: 4405 SUMMERHILL RD, TEXARKANA, TX, 75503
- Plan Type: 401(k)
- Total Participants: 322
- Total Assets: $26.4M
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 | 322 | $26.4M | $1.3M | $1.2M |
| 2023 | 311 | $25.5M | $1.3M | $1.2M |
| 2022 | 305 | $22.5M | $985,744 | $1.1M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $20,265 | — | $20,265 |
| RAYMOND JAMES | INVESTMENT ADVISOR | $10,344 | — | $10,344 |
| LPL FINANCIAL | INVESTMENT ADVISOR | $6,248 | — | $6,248 |
| 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: $36,857
- Estimated Expense Ratio: 0.140% 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 | $38,156 | $16,952 | $20,265 | — | — |
| 2023 | $16,811 | — | $16,811 | — | — |
| 2022 | $17,500 | — | $17,500 | — | — |