The Southern Credit Union 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: The Southern Credit Union
  • Sponsor EIN: 580905515
  • Sponsor Address: 430 LANIER AVE E, FAYETTEVILLE, GA, 302142239
  • Plan Type: 401(k)
  • Total Participants: 75
  • Total Assets: $13.4M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: No
  • Participant Loans: No
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202475$13.4M$511,284$430,910
202360$13.0M$462,498$394,702
202265$11.1M$429,027$342,219

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