Plan Snapshot
- Plan Sponsor: Winsouth Credit Union
- Sponsor EIN: 630371386
- Sponsor Address: 110 S 26TH ST, GADSDEN, AL, 35904
- Plan Type: DB
- Total Participants: 88
- Total Assets: $11.8M
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 | 88 | $11.8M | $0 | $0 |
| 2023 | 77 | $10.8M | $0 | $0 |
| 2022 | 74 | $9.2M | $740,647 | $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 |
|---|---|---|---|---|
| BMSS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BMSS, LLC — 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 | $45,704 | $9,621 | $30,791 | — | — |
| 2023 | $46,826 | $9,365 | $31,842 | — | — |
| 2022 | $55,935 | $11,187 | $44,748 | — | — |