Plan Snapshot
- Plan Sponsor: U Of Kentucky Federal Credit Union
- Sponsor EIN: 616031223
- Sponsor Address: 1730 ALYSHEBA WAY, LEXINGTON, KY, 40509
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 344
- Total Assets: $27.5M
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. |
|---|---|---|---|---|
| 2025 | 344 | $27.5M | $0 | $0 |
| 2024 | 266 | $21.9M | $1.1M | $1.5M |
| 2023 | 242 | $20.0M | $1.1M | $1.5M |
| 2022 | 222 | $15.9M | $970,085 | $1.3M |
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 |
|---|---|---|---|---|
| CERITY PARTNERS | Other Service Provider | $72,564 | — | $72,564 |
| NEWPORT GROUP, INC. | Other Service Provider | $5,215 | — | $5,215 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,779
- Estimated Expense Ratio: 0.283% 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 | $1,925,832 | $72,564 | $5,215 | — | — |
| 2024 | $71,710 | $61,674 | $10,036 | — | — |
| 2023 | $58,931 | $54,081 | $4,850 | — | — |
| 2022 | $57,317 | $52,721 | $4,596 | — | — |