Plan Snapshot
- Plan Sponsor: Security Service Federal Credit Union
- Sponsor EIN: 741277697
- Sponsor Address: 16211 LA CANTERA PKWY, SAN ANTONIO, TX, 78256
- Plan Type: 401(k)
- Total Participants: 1,946
- Total Assets: $315.6M
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 | 1,946 | $315.6M | $15.9M | $12.5M |
| 2023 | 2,001 | $278.2M | $15.5M | $12.0M |
| 2022 | 1,924 | $225.7M | $13.5M | $10.4M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $22,575 | — | $22,575 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,575
- Estimated Expense Ratio: 0.007% 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 | $319,960 | $100,000 | — | $22,575 | — |
| 2023 | $213,155 | $60,000 | — | $21,000 | — |
| 2022 | $113,231 | $40,000 | — | — | $19,110 |