Plan Ledger DOL Form 5500 · updated monthly

Blackhawk Community Credit Union401(k)

BLACKHAWK COMMUNITY CREDIT UNION 401(K) PLAN AND TRUST · JANESVILLE, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Blackhawk Community Credit Union reported $4,000 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,227 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 3 years on file its reported administrative ratio has held roughly steady near 0.029%. 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 among the smaller plans on file in Wisconsin (1,074th of 1,936), and 3,545th of 4,798 in finance & insurance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 166 to 191 since 2022.

Plan summary
Net assets, end of year$14,454,664
Participants with balances309
Active participants191
Employer contributions$616,263
Employee contributions$1,034,468
Employer contribution per active participant$3,227
Average account balance$46,779
Benefits paid to participants$1,474,372
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 309 accts · $616K emplr
2023$13.0M · 285 accts · $572K emplr
2022$10.5M · 267 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,000
Total administrative$4,000
The Blackhawk Community Credit Union 401(k) match · 2024
Employer contribution per active participant$3,227
Median for plans this size$2,416
2024$3,227 per active participant
2023$3,343 per active participant
2022$3,055 per active participant

Blackhawk Community 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 · 20241
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$2,600

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$4,000 · 0.03%
2023$1,825 · 0.02%
2022$3,150 · 0.03%
Same employer
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Dairy State Bank WI$15.1M · 0.44%
First State Bank WI$15.0M · 0.37%
Specialty Underwriters LLC WI$15.0M · 0.40%
Ixonia Bank WI$14.8M · 0.61%
Pyramax Bank, Fsb WI$14.1M · 0.10%
Community First Bank WI$14.1M · 0.44%
Bank of Luxemburg WI$14.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 396086299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.