Plan Snapshot
- Plan Sponsor: Servu Federal Credit Union
- Sponsor EIN: 166041830
- Sponsor Address: 87 VICTORY HIGHWAY, PAINTED POST, NY, 14870
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $11.2M
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 | 119 | $11.2M | $444,345 | $440,315 |
| 2023 | 117 | $10.4M | $329,679 | $395,705 |
| 2022 | 109 | $8.9M | $279,895 | $362,765 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, 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 | $37,194 | $1,281 | $30,568 | — | — |
| 2023 | $31,073 | — | $25,324 | — | — |
| 2022 | $32,730 | — | $31,748 | — | $982 |