Plan Ledger DOL Form 5500 · updated monthly

Altura Credit Union401(k)

ALTURA CREDIT UNION 401(K) PLAN AND TRUST · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Altura Credit Union reported $148,501 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,566 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 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,093rd-largest of 9,483 plans among California employers on file, and the 1,928th of 4,798 in finance & insurance. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,884,621
Participants with balances645
Active participants473
Employer contributions$1,686,723
Employee contributions$2,298,579
Employer contribution per active participant$3,566
Average account balance$63,387
Benefits paid to participants$2,066,848
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 645 accts · $1.7M emplr
2023$34.7M · 637 accts · $1.6M emplr
2022$27.3M · 598 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,026
Investment management$34,475
Total administrative$148,501
The Altura Credit Union 401(k) match · 2024
Employer contribution per active participant$3,566
Median for plans this size$2,416
2024$3,566 per active participant
2023$3,329 per active participant
2022$2,428 per active participant

Altura Credit Union's 2024 employer contribution ran above the $2,416 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$114,026
MEMBERS CAPITAL ADVISORS, INC · Investment advisory (plan)$34,475

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$148,501 · 0.39%
2023$115,444 · 0.37%
2022$125,291 · 0.42%
Same employer
Similar plansFinance & Insurance · California
American Business Bank CA$42.8M · 0.02%
Stretto CA$41.3M · 0.20%
Dave Operating LLC CA$40.6M · 0.04%
Provident Savings Bank CA$40.6M · 0.17%
Clover Health, LLC CA$40.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952023588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.