Plan Snapshot
- Plan Sponsor: S. C. State Federal Credit Union
- Sponsor EIN: 570345019
- Sponsor Address: PO BOX 726, COLUMBIA, SC, 292020726
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $19.7M
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 | 241 | $19.7M | $652,172 | $725,017 |
| 2023 | 220 | $17.1M | $584,052 | $687,122 |
| 2022 | 207 | $14.1M | $496,520 | $601,502 |
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 |
|---|---|---|---|---|
| CANTEY, TILLER, PIERCE & GREEN, 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 | $103,490 | $16,406 | $75,306 | — | — |
| 2023 | $90,362 | $13,196 | $66,609 | — | — |
| 2022 | $85,172 | $12,154 | $73,018 | — | — |