Plan Ledger DOL Form 5500 · updated monthly

Abilene Teachers Federal Credit UnionMoney purchase plan

ABILENE TEACHERS FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST · ABILENE, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Abilene Teachers Federal Credit Union reported $49,412 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $7,718 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.47% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,078th of 5,688), and 3,993rd of 4,798 in finance & insurance. active participation has grown from 101 to 118 since 2022.

Plan summary
Net assets, end of year$9,925,954
Participants with balances149
Active participants118
Employer contributions$910,701
Employee contributions—
Employer contribution per active participant$7,718
Average account balance$66,617
Benefits paid to participants$581,218
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 149 accts · $911K emplr
2023$8.7M · 129 accts · $808K emplr
2022$7.5M · 132 accts · $728K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,354
Investment management$8,058
Total administrative$49,412
Employer contributions to the Abilene Teachers Federal Credit Union plan · 2024
Employer contribution per active participant$7,718
Median for plans this size$1,313
2024$7,718 per active participant
2023$7,849 per active participant
2022$7,207 per active participant

Abilene Teachers Federal Credit Union's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$41,583
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$7,829

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,412 · 0.53%
2023$43,720 · 0.54%
2022$38,995 · 0.47%
All plans at this employer2
ABILENE TEACHERS FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUSTMoney purchase plan
ABILENE TEACHERS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST401(k)
Similar plansFinance & Insurance · Texas
AG Resource Management, LLC TX$10.3M · 0.21%
Western Bank TX$10.3M · 0.59%
Pilot Point Bancorp, Inc. TX$10.2M · 0.43%
Bestow Inc. TX$10.1M · 0.12%
Nextpoint Financial, Inc. TX$9.9M · 1.10%
Ntfn, Inc. TX$9.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750888860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.