Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › VyStar Credit Union
VyStar Credit Union 401(k)
- Finance and insurance
- Jacksonville, FL
- EIN 59-0690965
- 1 plan with Schedule H financials
- Plan year 2024
- filed as Vystar Credit Union
Filed as negative.Schedule H line 2i(3) is reported as -$36,862. The filing is shown as received; the derived figures below treat a negative amount as zero, and a percentile is only shown for positive values.
Total assets, end of year · Vystar Credit Union 401(k) Plan · plan year 2024
$175,719,788
2,741 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001085750NAL0005838387001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001085750NAL0005838387001, received 2025-10-01
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-01.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 2,741
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001085750NAL0005838387001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001085750NAL0005838387001, received 2025-10-01
Administrative expenses per participant
$46.33
Higher than 15% of the 9,042 plans $50 to 250M that report it.
Source
= $126,989 / 2,741
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001085750NAL0005838387001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001085750NAL0005838387001, received 2025-10-01
Administrative expenses as a share of assets
0.072%
Higher than 28% of the 9,049 plans $50 to 250M that report it.
Source
= $126,989 / $175,719,788
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001085750NAL0005838387001, received 2025-10-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001085750NAL0005838387001, received 2025-10-01
Employer contributions per participant
$2,693
Higher than 49% of the 9,105 plans $50 to 250M that report it.
Source
= $7,380,202 / 2,741
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001085750NAL0005838387001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001085750NAL0005838387001, received 2025-10-01
Employer share of total contributions
27.7%
Higher than 44% of the 9,112 plans $50 to 250M that report it.
Source
= $7,380,202 / $26,616,077
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001085750NAL0005838387001, received 2025-10-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001085750NAL0005838387001, received 2025-10-01
Plan terms, as stated in VyStar Credit Union's SEC filings
Plan terms are not published in public filings.
Plan features
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251001085750NAL0005838387001, received 2025-10-01
Full record, Vystar Credit Union 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VYSTAR CREDIT UNION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Plan name | VYSTAR CREDIT UNION 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Sponsor EIN / plan number | 59-0690965 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Sponsor location | JACKSONVILLE, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Industry (business code) | 522130, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Filing received | 2025-10-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Participants, beginning of year | 2,690 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Active participants | 2,312 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Participants, end of year | 2,789 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Participants with an account balance | 2,741 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total assets, beginning of year | $147,108,681 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total assets, end of year | $175,719,788 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Net assets, end of year | $175,719,788 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total income | $47,757,221 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Net income | $28,611,107 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Employer contributions | $7,380,202 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Participant contributions | $12,852,017 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Other contributions (incl. rollovers) | $6,383,858 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total contributions | $26,616,077 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Benefit payments | $19,021,331 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total expenses (incl. benefit payments) | $19,146,114 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Total administrative expenses | $126,989 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Contract administrator fees | $300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Recordkeeping fees | -$36,862 (filed as negative) | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| IQPA audit fees | $12,600 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Investment advisory and management fees | $150,951 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Held in mutual funds | $164,705,440 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251001085750NAL0005838387001, received 2025-10-01 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251001085750NAL0005838387001, received 2025-10-01 |
Position = column in the DOL layout for form year 2024. Filing 20251001085750NAL0005838387001, received 2025-10-01.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| NFP RETIREMENT | INVESTMENT ADVISOR | 26 Investment advisory (participants); 27 Investment advisory (plan) | $91,389 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $59,562 | no |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $12,600 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $-36,562 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251001085750NAL0005838387001, received 2025-10-01.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $147,108,681 | $175,719,788 | 19.4% |
| Participants with a balance | 2,646 | 2,741 | 3.6% |
| Administrative expenses | $112,253 | $126,989 | 13.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $6,907,546 | $7,380,202 | 6.8% |
Prior filing 20241002141043NAL0004863203001, received 2024-10-02; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: VYSTAR CREDIT UNION; SEC registrant: VyStar Credit Union (CIK 1919929, matched by EIN).