Plan Snapshot
- Plan Sponsor: U Of I Community Credit Union
- Sponsor EIN: 370560167
- Sponsor Address: 2201 S FIRST STREET, CHAMPAIGN, IL, 61820
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $18.0M
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 | 179 | $18.0M | $370,323 | $789,197 |
| 2023 | 144 | $15.4M | $622,066 | $711,220 |
| 2022 | 121 | $11.8M | $576,145 | $593,291 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $30,554 | — | $30,554 |
| WAVERLY ADVISORS LLC | Investment Advisor | $29,308 | — | $29,308 |
| STRATEGIC FINANCIAL GROUP LLC | Investment Advisor | $18,131 | — | $18,131 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,993
- Estimated Expense Ratio: 0.433% 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 | $77,993 | $47,439 | — | — | — |
| 2023 | $62,085 | $37,708 | — | — | — |
| 2022 | $60,094 | — | — | — | — |