Plan Snapshot
- Plan Sponsor: Visions Federal Credit Union
- Sponsor EIN: 160920502
- Sponsor Address: 24 MCKINLEY AVE, ENDICOTT, NY, 137605415
- Plan Type: DB
- Total Participants: 686
- Total Assets: $151.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 686 | $151.9M | $5.7M | $0 |
| 2023 | 630 | $134.8M | $0 | $0 |
| 2022 | 550 | $119.8M | $10.0M | $0 |
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 |
|---|---|---|---|---|
| MEMBERS TRUST COMPANY | INVESTMENT MANAGER | $36,510 | — | $36,510 |
| BESTVEST INVESTMENTS | INVESTMENT MANAGER | — | $16,393 | $16,393 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,903
- Estimated Expense Ratio: 0.035% 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 | $36,510 | $36,510 | — | — | — |
| 2023 | $70,012 | $70,012 | — | — | — |
| 2022 | $69,259 | — | — | — | — |