Plan Ledger DOL Form 5500 · updated monthly

Bellco Credit Union401(k)

BELLCO CREDIT UNION 401(K) SALARY REDUCTION PLAN · GREENWOOD VILLAGE, CO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bellco Credit Union reported $6,593 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,585 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 0.07% to 0.01%. 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 243rd-largest of 1,461 plans among Colorado employers on file, and the 1,676th of 4,798 in finance & insurance. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,755,870
Participants with balances580
Active participants353
Employer contributions$1,971,577
Employee contributions$2,116,066
Employer contribution per active participant$5,585
Average account balance$85,786
Benefits paid to participants$3,749,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.8M · 580 accts · $2.0M emplr
2023$42.7M · 539 accts · $1.9M emplr
2022$35.0M · 533 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,593
Total administrative$6,593
The Bellco Credit Union 401(k) match · 2024
Employer contribution per active participant$5,585
Median for plans this size$2,416
2024$5,585 per active participant
2023$5,399 per active participant
2022$5,054 per active participant

Bellco Credit Union'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$46,563

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Bellco Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,593 · 0.01%
2023$25,797 · 0.07%
2022$26,450 · 0.07%
Same employer
Similar plansFinance & Insurance · Colorado
Elevations Credit Union CO$78.2M · 0.11%
Canvas Credit Union CO$67.0M · 0.31%
Credit Union of Colorado CO$60.2M · 0.03%
Sturm Financial Group Inc. CO$49.7M · 0.07%
Covius Holdings, Inc. CO$49.3M · 0.39%
Hbw Holdings, Inc. CO$45.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840146595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.