Plan Ledger DOL Form 5500 · updated monthly

Blupeak Credit Union401(k)

BLUPEAK CREDIT UNION 401(K) & BENEFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Blupeak Credit Union reported $60,085 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,009 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 0.22%. 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 2,747th-largest of 9,483 plans among California employers on file, and 2,460th of 4,798 in finance & insurance. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 133 to 109 since 2022.

Plan summary
Net assets, end of year$28,980,813
Participants with balances206
Active participants109
Employer contributions$545,939
Employee contributions$1,076,677
Employer contribution per active participant$5,009
Average account balance$140,684
Benefits paid to participants$1,741,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 206 accts · $546K emplr
2023$25.3M · 213 accts · $552K emplr
2022$22.9M · 228 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,611
Investment management$53,474
Total administrative$60,085
The Blupeak Credit Union 401(k) match · 2024
Employer contribution per active participant$5,009
Median for plans this size$2,416
2024$5,009 per active participant
2023$5,112 per active participant
2022$4,822 per active participant

Blupeak 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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$53,473
ADP, INC. · Loan processing · Recordkeeping$6,611
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,085 · 0.22%
2023$51,802 · 0.21%
2022$55,636 · 0.21%
Same employer
Similar plansFinance & Insurance · California
Frontwave Credit Union CA$28.4M · 0.08%
Alameda Alliance for Health CA$28.0M · 0.13%
Adelfi Credit Union CA$28.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951209332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.