Plan Snapshot
- Plan Sponsor: Safe Credit Union
- Sponsor EIN: 941179501
- Sponsor Address: 2295 IRON POINT ROAD SUITE 100, FOLSOM, CA, 95630
- Plan Type: 401(k)
- Total Participants: 684
- Total Assets: $97.1M
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 | 684 | $97.1M | $2.3M | $4.6M |
| 2023 | 738 | $93.6M | $4.5M | $4.7M |
| 2022 | 726 | $75.5M | $4.5M | $4.4M |
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 |
|---|---|---|---|---|
| CROWE 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 | $223,684 | $75,687 | — | — | — |
| 2023 | $189,597 | $69,961 | — | — | — |
| 2022 | $178,646 | $69,223 | $109,423 | — | — |