Sunmark Credit Union 401(k) match, vesting and fees
What Sunmark Credit Union'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2021 medians for 3,376 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Sunmark Credit Union: employer contribution per participant | $1,120 | |
| Peer median | $2,479 |
| Sunmark Credit Union: average balance | $58,175 | |
| Peer median | $89,299 |
| Sunmark Credit Union: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.19% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $19.5M at the end of plan year 2021.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2021 | 342 | $19.5M | $376K | $1,120 | 0.38% | Not published | Form 5500 ↗ |
Other Sunmark Credit Union plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sunmark Credit Union 401(k) Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Sunmark Credit Union Cash Balance Retirement Pension Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Sunmark Credit Union match 401(k) contributions?
The match terms for the Sunmark Credit Union 401(k) Plan have not been published from its filing yet. The plan year 2021 filing reports $376K in employer contributions, about $1,120 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sunmark Credit Union 401(k) match vested?
The vesting schedule for the Sunmark Credit Union 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sunmark Credit Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2021 filing is Principal Life Insurance Company. The plan administrator is Sunmark Credit Union.
I left Sunmark Credit Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sunmark Credit Union, (866) 786-6275) or the recordkeeper, Principal Life Insurance Company. The Sunmark Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Sunmark Credit Union 401(k)
Data from the public Form 5500 annual reports Sunmark Credit Union 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 Sunmark Credit Union. Not financial advice. Report a correction · Methodology