Plan Snapshot
- Plan Sponsor: Rockland Federal Credit Union
- Sponsor EIN: 041782360
- Sponsor Address: 241 UNION STREET, ROCKLAND, MA, 023701825
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $26.2M
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 | 192 | $26.2M | $1.2M | $843,113 |
| 2023 | 196 | $23.8M | $1.1M | $757,364 |
| 2022 | 176 | $21.4M | $1.0M | $775,572 |
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 |
|---|---|---|---|---|
| WHITTLESEY FORWARD ADVISING | 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 | $24,798 | — | $20,498 | — | — |
| 2023 | $22,209 | — | $18,503 | — | — |
| 2022 | $21,231 | — | $21,231 | — | — |