Plan Snapshot
- Plan Sponsor: Westerra Credit Union
- Sponsor EIN: 840188017
- Sponsor Address: 3700 EAST ALAMEDA AVENUE, DENVER, CO, 802090408
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $41.7M
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. |
|---|---|---|---|---|
| 2024 | 284 | $41.7M | $950,445 | $1.7M |
| 2023 | 292 | $37.5M | $786,661 | $1.7M |
| 2022 | 318 | $31.7M | $2.1M | $1.5M |
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 |
|---|---|---|---|---|
| SINGERLEWAK, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SINGERLEWAK, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $118,327 | — | $97,372 | — | — |
| 2023 | $102,439 | — | $79,004 | — | — |
| 2022 | $102,828 | — | $99,017 | — | $3,811 |