Plan Snapshot
- Plan Sponsor: The New Orleans Firemen'S Federal Credit Union
- Sponsor EIN: 720444318
- Sponsor Address: PO BOX 689, METAIRIE, LA, 700040689
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $5.6M
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 | 94 | $5.6M | $193,735 | $303,704 |
| 2023 | 93 | $5.0M | $156,726 | $285,061 |
| 2022 | 83 | $4.0M | $148,303 | $224,450 |
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 |
|---|---|---|---|---|
| GRIFFIN&FURMAN LLC | Auditor | — | — | $0 |
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 | $42,358 | $708 | $35,764 | — | — |
| 2023 | $35,388 | — | $29,806 | — | — |
| 2022 | $35,424 | — | $34,949 | — | $475 |