Maine Credit Union League 401(k) match, vesting and fees
What Maine Credit Union League's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Cmfg Life Insurance Company | Schedule C ↗ |
| Independent auditor | Wipfli LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Maine Credit Union League: employer contribution per participant | $4,893 | |
| Peer median | $2,868 |
| Maine Credit Union League: average balance | $136,027 | |
| Peer median | $95,281 |
| Maine Credit Union League: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $33.6M at the end of plan year 2021 to $34.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 257 | $34.8M | $1.3M | $4,893 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 260 | $30.2M | $1M | $3,996 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 244 | $27.8M | $1.1M | $4,767 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 224 | $33.6M | $366K | $1,635 | 0.25% | Not published | Form 5500 ↗ |
Common questions
Does Maine Credit Union League match 401(k) contributions?
The match terms for the Maine Credit Union League Capital Accumulation Plan have not been published from its filing yet. The plan year 2024 filing reports $1.3M in employer contributions, about $4,893 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Maine Credit Union League 401(k) match vested?
The vesting schedule for the Maine Credit Union League Capital Accumulation Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Maine Credit Union League 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Cmfg Life Insurance Company. The plan administrator is Maine Credit Union League.
I left Maine Credit Union League. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Maine Credit Union League, (207) 773-5671) or the recordkeeper, Cmfg Life Insurance Company. The Maine Credit Union League old 401(k) page lists the contacts from every plan filing. Find an old Maine Credit Union League 401(k)
Data from the public Form 5500 annual reports Maine Credit Union League filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Maine Credit Union League. Not financial advice. Report a correction · Methodology