Plan Snapshot
- Plan Sponsor: Vystar Credit Union
- Sponsor EIN: 590690965
- Sponsor Address: 76 S LAURA ST., JACKSONVILLE, FL, 32202
- Plan Type: 401(k)
- Total Participants: 2,312
- Total Assets: $175.7M
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. |
|---|---|---|---|---|
| 2024 | 2,312 | $175.7M | $7.4M | $12.9M |
| 2023 | 2,264 | $147.1M | $6.9M | $11.6M |
| 2022 | 2,123 | $116.7M | $6.6M | $11.0M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | $12,600 | — | $12,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,600
- Estimated Expense Ratio: 0.007% 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 | $126,989 | $150,951 | $300 | $12,600 | — |
| 2023 | $112,253 | $107,094 | — | $11,130 | — |
| 2022 | $109,829 | $30,149 | — | — | — |