Plan Snapshot
- Plan Sponsor: Sun Federal Credit Union
- Sponsor EIN: 341300434
- Sponsor Address: 1627 HOLLAND RD, MAUMEE, OH, 435371622
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 143
- Total Assets: $28.7M
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 | 143 | $28.7M | $562,851 | $890,918 |
| 2023 | 143 | $27.0M | $547,611 | $878,303 |
| 2022 | 136 | $24.2M | $499,084 | $779,581 |
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 |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | Recordkeeper | $55,709 | — | $55,709 |
| MEMBERS CAPITAL ADVISORS, INC. | Other Service Provider | $26,905 | — | $26,905 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CMFG LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,614
- Estimated Expense Ratio: 0.288% 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 | $82,614 | $26,905 | $47,638 | — | — |
| 2023 | $73,460 | $24,020 | $42,234 | — | — |
| 2022 | $69,194 | $22,481 | $46,713 | — | — |