Plan Ledger DOL Form 5500 · updated monthly

Soarion Federal Credit Union401(k)

AIR FORCE FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Soarion Federal Credit Union reported $6,588 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,662 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 0.20% to 0.25%. 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 (4,681st of 5,688), and 4,608th of 4,798 in finance & insurance. In 2024, the employer put in $1.38 for every $1.00 employees contributed themselves; active participation has grown from 96 to 111 since 2022.

Plan summary
Net assets, end of year$2,685,968
Participants with balances166
Active participants111
Employer contributions$406,474
Employee contributions$295,416
Employer contribution per active participant$3,662
Average account balance$16,181
Benefits paid to participants$864,705
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 166 accts · $406K emplr
2023$2.5M · 142 accts
2022$2.3M · 110 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,202
Investment management$2,386
Total administrative$6,588
The Soarion Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$3,662
Median for plans this size$1,313

Soarion 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 · 20241
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$4,201

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$6,588 · 0.25%
2023$4,341 · 0.18%
2022$5,808 · 0.20%
Same employer
Similar plansFinance & Insurance · Texas
Aip-Ecs Holdings, LLC TX$3.2M · 1.15%
Aspire Financial, Inc. TX$2.6M · 0.19%
Gold Star Finance, Inc. TX$2.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741181644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.