Plan Ledger DOL Form 5500 · updated monthly

Arkansas Federal Credit Union401(k)

ARKANSAS FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Arkansas Federal Credit Union reported $64,980 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,000 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 0.29% to 0.34%. 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 140th-largest of 456 plans among Arkansas employers on file, and 2,979th of 4,798 in finance & insurance. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,962,133
Participants with balances461
Active participants355
Employer contributions$709,979
Employee contributions$1,633,860
Employer contribution per active participant$2,000
Average account balance$45,471
Benefits paid to participants$1,127,009
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.0M · 461 accts · $710K emplr
2023$17.1M · 448 accts · $637K emplr
2022$13.1M · 413 accts · $550K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,407
Investment management$18,573
Total administrative$64,980
The Arkansas Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$2,000
Median for plans this size$2,416
2024$2,000 per active participant
2023$1,794 per active participant
2022$1,562 per active participant

Arkansas Federal Credit Union's 2024 employer contribution ran below 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$45,621
MEMBERS CAPITAL ADVISORS, INC. D/B/ · Investment advisory (plan)$18,573

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$64,980 · 0.34%
2023$49,044 · 0.33%
2022$40,330 · 0.29%
Same employer
Similar plansFinance & Insurance · Arkansas
First Community Bank AR$27.1M · 1.09%
First Arkansas Bank & Trust AR$23.0M · 0.57%
Relyance Bank AR$20.1M · 0.35%
Chambers Bancshares, Inc. AR$19.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710292056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.