Plan Ledger DOL Form 5500 · updated monthly

American Eagle Financial Credit Union Incorporated401(k)

AMERICAN EAGLE FINANCIAL CREDIT UNION INCORPORATED EMPLOYEE SAVINGS PLAN · EAST HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

American Eagle Financial Credit Union Incorporated reported $140,259 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $6,934 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 0.41% to 0.22%. 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 256th-largest of 1,106 plans among Connecticut employers on file, and the 1,343rd of 4,798 in finance & insurance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 317 to 354 since 2022.

Plan summary
Net assets, end of year$66,791,030
Participants with balances479
Active participants354
Employer contributions$2,454,754
Employee contributions$2,001,057
Employer contribution per active participant$6,934
Average account balance$139,438
Benefits paid to participants$8,859,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.8M · 479 accts · $2.5M emplr
2023$63.4M · 459 accts · $2.2M emplr
2022$55.7M · 441 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,240
Investment management$45,019
Total administrative$140,259
The American Eagle Financial Credit Union Incorporated 401(k) match · 2024
Employer contribution per active participant$6,934
Median for plans this size$3,635
2024$6,934 per active participant
2023$6,393 per active participant
2022$6,612 per active participant

American Eagle Financial Credit Union Incorporated's 2024 employer contribution ran above the $3,635 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
MERCER (US) INC MERCER INVESTMENTS · Investment advisory (plan)$45,019

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$140,259 · 0.22%
2023$140,562 · 0.24%
2022$249,712 · 0.41%
Same employer
Similar plansFinance & Insurance · Connecticut
Tigerrisk Partners, LLC CT$79.8M · 0.13%
Union Savings Bank CT$76.9M · 0.21%
Ctc Americas, Inc. CT$69.5M · 0.10%
Littlejohn & Co., LLC CT$55.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472559616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.