Plan Ledger DOL Form 5500 · updated monthly

Call Federal Credit Union401(k)

CALL FEDERAL CREDIT UNION 401(K) PROFIT SHARING PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Call Federal Credit Union reported $58,925 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $6,590 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 0.657%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Virginia (1,471st of 2,266), and 4,001st of 4,798 in finance & insurance. In 2024, the employer put in $1.79 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,844,515
Participants with balances157
Active participants114
Employer contributions$751,228
Employee contributions$419,911
Employer contribution per active participant$6,590
Average account balance$62,704
Benefits paid to participants$628,131
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 157 accts · $751K emplr
2023$8.1M · 158 accts · $633K emplr
2022$7.0M · 143 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,544
Total administrative$58,925
The Call Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$6,590
Median for plans this size$1,313
2024$6,590 per active participant
2023$5,700 per active participant
2022$5,558 per active participant

Call Federal Credit Union's 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$2,388
PBMARES, LLP · Accounting / auditindirect 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
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$58,925 · 0.66%
2023$50,008 · 0.66%
2022$50,867 · 0.66%
Similar plansFinance & Insurance · Virginia
Bank of Botetourt VA$10.9M · 0.69%
Skyline National Bank VA$10.6M · 0.82%
Touchstone Bank VA$10.5M · 0.69%
Capital Center, LLC VA$9.1M · 0.80%
Integrity Home Mortgage VA$9.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540754383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.