Plan Ledger DOL Form 5500 · updated monthly

Baxter Credit Union (dba Bcu)401(k)

BCU U.S. RETIREMENT SAVINGS PLAN · VERNON HILLS, 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

Baxter Credit Union (dba Bcu) reported $17,953 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,258 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.

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 1,233rd-largest of 3,702 plans among Illinois employers on file, and the 2,260th of 4,798 in finance & insurance. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,231,516
Participants with balances686
Active participants624
Employer contributions$4,528,737
Employee contributions$5,188,286
Employer contribution per active participant$7,258
Average account balance$48,442
Benefits paid to participants$1,720,079
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,953
Total administrative$17,953
The Baxter Credit Union (dba Bcu) 401(k) match · 2024
Employer contribution per active participant$7,258
Median for plans this size$2,416

Baxter Credit Union (dba Bcu)'s 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$5,350

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

Administrative cost history1
2024$17,953 · 0.05%
All plans at this employer2
BCU U.S. RETIREMENT SAVINGS PLAN401(k)
BCU PUERTO RICO RETIREMENT SAVINGS PLAN401(k)
Same employer
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Old Second National Bank IL$34.4M · 0.71%
Royal Neighbors of America IL$34.3M · 0.20%
Allied Benefit Systems, LLC IL$33.3M · 0.40%
Avant, LLC IL$32.8M · 0.17%
Tradelink LLC IL$32.5M · 0.06%
Old Mission Capital, LLC IL$32.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237250155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.