Plan Snapshot
- Plan Sponsor: Sierra Central Credit Union
- Sponsor EIN: 941484851
- Sponsor Address: 1351 HARTER PARKWAY, YUBA CITY, CA, 95993
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $20.4M
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 | 223 | $20.4M | $0 | $1.2M |
| 2023 | 222 | $19.1M | $534,299 | $1.3M |
| 2022 | 245 | $16.3M | $1.2M | $809,561 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $55,337 | — | $55,337 |
| LPL FINANCIAL CORPORATION RPCP | Other Service Provider | $18,279 | — | $18,279 |
| CHARLES SCHWAB | Recordkeeper | — | $7,443 | $7,443 |
| GLOBAL RETIREMENT PARTNERS, LLC | Investment Advisor | $6,283 | — | $6,283 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
- CHARLES SCHWAB — Recordkeeper
- GLOBAL RETIREMENT PARTNERS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,342
- Estimated Expense Ratio: 0.428% 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 | $80,360 | $25,012 | $55,348 | — | — |
| 2023 | $86,051 | $24,996 | $61,055 | — | — |
| 2022 | $87,935 | — | $87,935 | — | — |