# The Peoples Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/the-peoples-credit-union-401k-plan

> The Peoples Credit Union's 401(k) plan: 115 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Peoples Credit Union

- **Sponsor EIN:** 050198580

- **Sponsor Address:** 858 WEST MAIN ROAD, MIDDLETOWN, RI, 02842

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

- **Total Participants:** 115

- **Total Assets:** $14.8M

## 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|115|$14.8M|$473,102|$697,341|

| 2023|116|$13.6M|$467,880|$647,731|

| 2022|113|$11.7M|$499,010|$643,934|

## 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|

| BDMP ASSURANCE, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [BDMP ASSURANCE, LLP](https://planprovider.pro/provider/bdmp-assurance-llp) — Auditor

## 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|$42,378|$37,991|—|—|—|

| 2023|$36,756|$33,460|—|—|—|

| 2022|$35,859|—|—|—|—|

## Similar Plans

- [Navigant Credit Union](https://planprovider.pro/companies/navigant-credit-union-plan-001) — 94 participants

- [The People'S Credit Union](https://planprovider.pro/companies/the-people-s-credit-union-plan-001) — 32 participants

- [Coastal1 Credit Union](https://planprovider.pro/companies/coastal1-credit-union-401k-plan) — 278 participants

- [Navigant Credit Union](https://planprovider.pro/companies/navigant-credit-union-401k-plan) — 397 participants

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

© 2026 PlanProvider.Pro