Plan Ledger DOL Form 5500 · updated monthly

Alliant Credit Union401(k)

ALLIANT CREDIT UNION 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Alliant Credit Union reported $58,815 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,695 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 3 years on file its reported administrative ratio has held roughly steady near 0.047%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 441st-largest of 3,702 plans among Illinois employers on file, and the 787th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$137,245,886
Participants with balances1,197
Active participants873
Employer contributions$4,971,511
Employee contributions$8,598,033
Employer contribution per active participant$5,695
Average account balance$114,658
Benefits paid to participants$12,439,741
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$137.2M · 1,197 accts · $5.0M emplr
2023$114.2M · 1,147 accts · $4.6M emplr
2022$88.3M · 1,090 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,776
Investment management$44,039
Total administrative$58,815
The Alliant Credit Union 401(k) match · 2024
Employer contribution per active participant$5,695
Median for plans this size$3,635
2024$5,695 per active participant
2023$5,345 per active participant
2022$4,811 per active participant

Alliant Credit Union's 2024 employer contribution ran above the $3,635 median for plans its size. 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$44,039
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,007

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

Administrative cost history3
2024$58,815 · 0.05%
2023$58,277 · 0.06%
2022$45,058 · 0.05%
Same employer
Similar plansFinance & Insurance · Illinois
Optiver Services US LLC IL$153.6M · 0.02%
Enova International, Inc. IL$143.8M · 0.23%
Midland States Bank IL$135.6M · 0.10%
Alter Domus Inc. IL$120.7M · 0.16%
Old Second Bancorp, Inc. IL$120.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366066772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.