Palmetto Citizens Federal Credit Union 401(k) Plan: Login, Facts & Contact Information

Palmetto Citizens Federal Credit Union 401(k) Plan Facts

Plan name
PALMETTO CITIZENS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PALMETTO CITIZENS FEDERAL CREDIT UNION
Participants
459 (295 active employees)
Former employees with a balance
182
Plan assets
$34,890,492 at Dec 31, 2024
Average account balance
$72,689 across 480 accounts
Employer contributions
$1,374,660 in plan year 2024 (49% of all contributions)
Recordkeeper
Cmfg Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1997
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 19, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.82 million went into the plan in contributions, $1.37 million of it from the employer (49%).
  • $3.53 million was paid out to participants.
  • Investment and other income added $4.15 million.
  • Administrative expenses were $126,952, about $264 per account.

How the Palmetto Citizens Federal Credit Union 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019394$23.7 million$1.03 million$2.08 million
2020428$27.2 million$1.08 million$1.81 million
2021437$31.5 million$1.12 million$1.39 million
2022426$27.8 million$1.21 million$1.14 million
2023442$31.6 million$1.29 million$2.85 million
2024459$34.9 million$1.37 million$3.53 million

Palmetto Citizens Federal Credit Union 401(k) Contact Information

Phone
803-779-1232
Mailing address
PO BOX 5846, COLUMBIA SC 292505846
Plan sponsor
PALMETTO CITIZENS FEDERAL CREDIT UNION
Employer identification number (EIN)
57-0314480
Plan number
003

Questions about the Palmetto Citizens Federal Credit Union 401(k)

Does Palmetto Citizens Federal Credit Union contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.37 million, 49% of all contributions.

Does the Palmetto Citizens Federal Credit Union 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Palmetto Citizens Federal Credit Union 401(k) plan?

459 participants at the start of plan year 2024, 295 of them active employees, and 182 former employees who still had money in the plan.

What is the average 401(k) balance at Palmetto Citizens Federal Credit Union?

About $72,689 per account: $34.9 million in plan assets across 480 accounts with a balance at the end of plan year 2024.

Who manages the Palmetto Citizens Federal Credit Union 401(k) accounts?

CMFG LIFE INSURANCE COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Palmetto Citizens Federal Credit Union. How do I access my 401(k)?

Your account stays with CMFG LIFE INSURANCE COMPANY after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 9704 E 30TH ST, INDIANAPOLIS, IN, 46229
Headquarter: P.O. BOX 346, CONWAY, SC, 29528
Headquarter: PO BOX 3000, MERRIFIELD, VA, 22119
Headquarter: P O BOX 3165, HARRISBURG, PA, 17105
Headquarter: 800 SOUTH SHAMROCK AVE., MONROVIA, CA, 91016