Plan Ledger DOL Form 5500 · updated monthly

Broadview Federal Credit Union401(k)

CAPITAL COMMUNICATIONS FEDERAL CREDIT UNION RETIREMENT PLAN · ALBANY, NY · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Broadview Federal Credit Union reported $149,931 in plan administrative expenses for 2022: 0.20% of average plan assets, above the peer median. Employer contributions averaged $7,045 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,068th-largest of 5,648 plans among New York employers on file, and the 1,303rd of 4,798 in finance & insurance. In 2022, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$69,852,363
Participants with balances514
Active participants427
Employer contributions$3,008,055
Employee contributions$2,987,235
Employer contribution per active participant$7,045
Average account balance$135,900
Benefits paid to participants$5,218,117
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$149,931
Total administrative$149,931
The Broadview Federal Credit Union 401(k) match · 2022
Employer contribution per active participant$7,045
Median for plans this size$3,449

Broadview Federal Credit Union's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$149,931 · 0.20%
Similar plansFinance & Insurance · New York
Versant Health Holdco, Inc. NY$70.2M · 0.23%
National Bank of Canada NY$68.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141407700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.