Department of Labor filing

PARTNERS 1ST FEDERAL CREDIT UNION

PARTNERS 1ST FEDERAL CREDIT UNION 401K RETIREMENT SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$4,102

Reported employer contributions per active participant.

Higher than about 66% of comparable plans

#People in the filing

171

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$379 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 13% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions66th percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense13th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PARTNERS 1ST FEDERAL CREDIT UNION reported $701,423 in employer contributions across the plan and 171 active participants. That works out to $4,102 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy75%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 24.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 27.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $701,423
Participant contributions: $700,252
Other contributions: $20,885
Employer share of reported contributions: 50.0%
Beginning assets: $16,604,054
Ending assets: $18,849,785
Ending net assets: $18,849,785
Ending liabilities: $0
Total income: $3,464,010
Total expenses: $1,218,279
Administrative expenses: $91,302
Participant loans: $278,651

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$5,420

2023

$5,599

2024

$4,102

Plan-paid administrative expenses per participant

2022

$298

2023

$226

2024

$379

Active participants

2022

158

2023

175

2024

171

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,102	171	18.8M	20251014190943NAL0003545681001
2023	$5,599	175	16.6M	20241010101302NAL0039710162001
2022	$5,420	158	14.9M	20231012142447NAL0032141633001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 351079936-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 2010
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Current plan terms

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Filing ACK_ID20251014190943NAL0003545681001

Data sourceDOL Form 5500 bulk data ↗

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