# Everwise Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/teachers-credit-union-401k-plan-002-2986

> Everwise Credit Union's 401(k) plan: 739 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Everwise Credit Union

- **Sponsor EIN:** 350702986

- **Sponsor Address:** 110 S MAIN STREET, SOUTH BEND, IN, 466011805

- **Plan Type:** 401(k)

- **Total Participants:** 739

- **Total Assets:** $94.1M

## 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|739|$94.1M|$2.7M|$4.1M|

| 2023|736|$91.3M|$3.7M|$3.7M|

| 2022|738|$81.3M|$4.0M|$4.0M|

## 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|CONTRACT ADMINISTRATOR|$95,140|—|$95,140|

| MEMBERS CAPITAL ADVISORS, INC|INVESTMENT ADVISORY|$62,602|—|$62,602|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$53,370|—|$53,370|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CMFG LIFE INSURANCE COMPANY](https://planprovider.pro/provider/trustage) — CONTRACT ADMINISTRATOR

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $211,112

- **Estimated Expense Ratio:** 0.224% 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|$211,112|—|$211,112|—|—|

| 2023|$173,462|$80,335|$85,093|—|—|

| 2022|$254,415|$78,397|$176,018|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/teachers-credit-union-401k-plan-002-2986)

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