Sunward Federal Credit Union 401(k) match, vesting and fees
What Sunward Federal 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 | Cmfg Life Insurance Company | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 658 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Sunward Federal Credit Union: employer contribution per participant | $2,398 | |
| Peer median | $2,935 |
| Sunward Federal Credit Union: average balance | $74,846 | |
| Peer median | $92,585 |
| Sunward Federal Credit Union: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.15% |
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 $39.3M at the end of plan year 2023 to $45.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 677 | $45.2M | $1.4M | $2,398 | 0.17% | Not published | Form 5500 ↗ |
| 2023 | 706 | $39.3M | $1.2M | $1,774 | 0.25% | Not published | Form 5500 ↗ |
Other Sunward Federal Credit Union plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Sunward Federal Credit Union Employees' Cash Balance 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 | Cmfg Life Insurance Company | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Sunward Federal Credit Union match 401(k) contributions?
The match terms for the Sunward Federal Credit Union 401(k) Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $1.4M in employer contributions, about $2,398 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sunward Federal Credit Union 401(k) match vested?
The vesting schedule for the Sunward Federal Credit Union 401(k) Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sunward Federal Credit Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Cmfg Life Insurance Company. The plan administrator is Sunward Federal Credit Union.
I left Sunward Federal Credit Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sunward Federal Credit Union, (505) 293-0500) or the recordkeeper, Cmfg Life Insurance Company. The Sunward Federal Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Sunward Federal Credit Union 401(k)
Data from the public Form 5500 annual reports Sunward Federal Credit Union filed with the U.S. Department of Labor (plan years 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 Sunward Federal Credit Union. Not financial advice. Report a correction · Methodology