Plan Ledger DOL Form 5500 · updated monthly

Altra Federal Credit Union401(k)

ALTRA FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · ONALASKA, WI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Altra Federal Credit Union reported $163,228 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,939 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 fell from 0.28% to 0.24%. 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 308th-largest of 1,936 plans among Wisconsin employers on file, and the 1,263rd of 4,798 in finance & insurance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,114,050
Participants with balances639
Active participants498
Employer contributions$2,957,448
Employee contributions$3,042,500
Employer contribution per active participant$5,939
Average account balance$114,419
Benefits paid to participants$5,626,753
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.1M · 639 accts · $3.0M emplr
2023$63.6M · 631 accts · $2.8M emplr
2022$51.9M · 609 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,933
Investment management$67,295
Total administrative$163,228
The Altra Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$5,939
Median for plans this size$3,635
2024$5,939 per active participant
2023$5,624 per active participant
2022$5,529 per active participant

Altra Federal 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
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$95,933
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$67,295

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$163,228 · 0.24%
2023$157,175 · 0.27%
2022$159,546 · 0.28%
Same employer
Similar plansFinance & Insurance · Wisconsin
Westconsin Credit Union WI$78.2M · 0.22%
Bank First Corporation WI$73.5M · 0.27%
Capspecialty, Inc. WI$73.2M · 0.20%
Neugen LLC WI$72.5M · 0.05%
Educators Credit Union WI$71.3M · 0.02%
Landmark Credit Union WI$65.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390662755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.