Retirement plan

INDUSTRIAL FEDERAL CREDIT UNION 401(K)PLAN

Name: INDUSTRIAL FEDERAL CREDIT UNION - INDUSTRIAL FEDERAL CREDIT UNION 401(K)PLAN (2025) Form 5500
Creator: INDUSTRIAL FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDUSTRIAL FEDERAL CREDIT UNION 401(K)PLAN, INDUSTRIAL FEDERAL CREDIT UNION

INDUSTRIAL FEDERAL CREDIT UNIONEIN 35-1090338Plan #001PY 2025

1115 SAGAMORE PARKWAY SOUTH - LAFAYETTE, IN 47905765-771-8000ifcu.comLinkedIn51-200 employeesfinancial services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9M

+13.4% from 2024

Total participants

115

-1.7% from 2024

Average account balance

$80,079

+13.4% from 2024

Annual return

10.66%

-6.00 pp from 2024

Benchmarks

See 2,730 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort2,730 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$8.97M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$80K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

112

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$580K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.66%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$193

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC8+ years Service code 27 · EIN 47-1411118	Advisory (Plan)	$24,307
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 04-1590850	Recordkeeping Fees	$20,180
COMPENSATION SYSTEMS, INC.7 years Filed as: COMPENSATION SYSTEMS, INC Service code 13	Contract Administrator	$6,432
COMPENSATION SYSTEMS, INC.8+ years Service code 13 · EIN 35-1277460	Contract Administrator	$1,450

Plan features & details

Pension benefit codes2E2F2G2J3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$258 / participant

Recordkeeping$22K100.0%

% of EOY assets

0.241%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,079

$145,431-44.9%

$211,142-62.1%

$87,485-8.5%

Participation rate

96.4%

84.7%+11.7pp

87.3%+9.1pp

68.9%+27.5pp

Annual return

10.66%

27.21%-16.5pp

46.84%-36.2pp

26.06%-15.4pp

Employer contribution / active EE

$2,993

$4,662-35.8%

$6,442-53.5%

$2,596+15.3%

Participant deferral / active EE

$3,917

$6,859-42.9%

$9,284-57.8%

$4,274-8.3%

Admin fee / account holder

$193

$17,052-98.9%

$19,076-99.0%

$7,775-97.5%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC8+ years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$24,307

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 04-1590850

Recordkeeping Fees

$20,180

COMPENSATION SYSTEMS, INC.7 years

Filed as: COMPENSATION SYSTEMS, INC

Service code 13

Contract Administrator

$6,432

COMPENSATION SYSTEMS, INC.8+ years

Service code 13 · EIN 35-1277460

Contract Administrator

$1,450

INDUSTRIAL FEDERAL CREDIT UNION 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDUSTRIAL FEDERAL CREDIT UNION 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion