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

> The Southern Credit Union's 401(k) plan: 75 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

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

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|75|$13.4M|$511,284|$430,910|

| 2023|60|$13.0M|$462,498|$394,702|

| 2022|65|$11.1M|$429,027|$342,219|

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