Plan Snapshot
- Plan Sponsor: Sunward Federal Credit Union
- Sponsor EIN: 850113445
- Sponsor Address: 3707 JUAN TABO BLVD NE, ALBUQUERQUE, NM, 87111
- Plan Type: DB
- Total Participants: 360
- Total Assets: $110.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 360 | $110.8M | $0 | $0 |
| 2023 | 324 | $103.3M | $0 | $0 |
| 2022 | 302 | $92.1M | $2.6M | $0 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
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 | $114,126 | $15,281 | $77,213 | — | — |
| 2023 | $201,307 | $17,684 | $155,546 | — | — |
| 2022 | $204,443 | $12,549 | $191,894 | — | — |