# Veridian Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/veridian-credit-union-401k-plan

> Veridian Credit Union's 401(k) plan: 1,016 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Veridian Credit Union

- **Sponsor EIN:** 421132695

- **Sponsor Address:** 1827 ANSBOROUGH AVE, WATERLOO, IA, 50704

- **Plan Type:** 401(k)

- **Total Participants:** 1,016

- **Total Assets:** $198.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|1,016|$198.7M|$8.2M|$5.2M|

| 2023|998|$170.6M|$7.7M|$4.8M|

| 2022|955|$140.1M|$7.4M|$4.6M|

## 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|

| CAPFINANCIAL PARTNERS LLC DBA CAPTR|INVESTMENT ADVISOR|$223,487|—|$223,487|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$53,264|—|$53,264|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$52,718|—|$52,718|

| MCGLADREY LLP|AUDITOR|$16,291|—|$16,291|

| BT&CO., PA|Auditor|$16,291|—|$16,291|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BT&CO., PA](https://planprovider.pro/provider/bt-and-co-pa) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $362,051

- **Estimated Expense Ratio:** 0.182% 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|$346,376|$276,205|—|$16,291|—|

| 2023|$276,663|$224,135|—|$15,815|—|

| 2022|$238,628|$198,419|$26,312|—|$13,897|

## Similar Plans

- [Greenstate Credit Union](https://planprovider.pro/companies/greenstate-credit-union-401k-plan) — 929 participants

- [Dupaco Community Credit Union](https://planprovider.pro/companies/dupaco-community-credit-union-401k-plan) — 571 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/veridian-credit-union-401k-plan)

© 2026 PlanProvider.Pro