Plan Snapshot
- Plan Sponsor: United Nations Federal Credit Union
- Sponsor EIN: 131628594
- Sponsor Address: 2401-44TH ROAD, LONG ISLAND CITY, NY, 111014605
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 900
- Total Assets: $184.4M
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. |
|---|---|---|---|---|
| 2025 | 900 | $184.4M | $0 | $0 |
| 2024 | 694 | $158.7M | $4.7M | $7.5M |
| 2023 | 737 | $141.1M | $4.5M | $7.0M |
| 2022 | 650 | $117.3M | $4.2M | $6.4M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $101,787 | — | $101,787 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,823 | — | $5,823 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,610
- Estimated Expense Ratio: 0.058% 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 |
|---|---|---|---|---|---|
| 2025 | $12,731,875 | $5,823 | — | — | — |
| 2024 | $54,631 | $27,500 | — | — | — |
| 2023 | -$52,516 | $30,000 | — | — | — |
| 2022 | $48,520 | $30,000 | $15,335 | — | — |