Plan Snapshot
- Plan Sponsor: Suffolk Credit Union
- Sponsor EIN: 112200411
- Sponsor Address: 3681 HORSEBLOCK RD, MEDFORD, NY, 11763
- Plan Type: DB
- Total Participants: 43
- Total Assets: $11.8M
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 | 43 | $11.8M | $0 | $0 |
| 2023 | 50 | $11.8M | $0 | $0 |
| 2022 | 54 | $11.7M | $0 | $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 |
|---|---|---|---|---|
| SENTINEL PENSION ADVISORS | Recordkeeper | $30,518 | — | $30,518 |
| SENTINEL BENEFITS GROUP, LLC | Recordkeeper | $23,723 | — | $23,723 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL PENSION ADVISORS — Recordkeeper
- SENTINEL BENEFITS GROUP, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,241
- Estimated Expense Ratio: 0.459% 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 | $66,462 | $30,518 | — | — | — |
| 2023 | $63,012 | $25,616 | — | — | — |
| 2022 | $56,789 | $1,487 | $55,302 | — | — |