Plan Ledger DOL Form 5500 · updated monthly

Centris Federal Credit Union401(k)

CENTRIS FEDERAL CREDIT UNION 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Centris Federal Credit Union reported $105,529 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,603 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 rose from 0.59% to 0.62%. 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 268th-largest of 565 plans among Nebraska employers on file, and 3,254th of 4,798 in finance & insurance. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,726,192
Participants with balances310
Active participants288
Employer contributions$749,665
Employee contributions$1,362,093
Employer contribution per active participant$2,603
Average account balance$57,181
Benefits paid to participants$2,007,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 310 accts · $750K emplr
2023$16.3M · 322 accts · $698K emplr
2022$12.7M · 316 accts · $626K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,529
Total administrative$105,529
The Centris Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$2,603
Median for plans this size$2,416
2024$2,603 per active participant
2023$2,458 per active participant
2022$2,293 per active participant

Centris Federal 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,529
ROLAND CRISS FIDUCIARY SERVICES · Consultingindirect comp
GROVE POINT ADVISORS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$105,529 · 0.62%
2023$91,684 · 0.63%
2022$74,989 · 0.59%
Same employer
Similar plansFinance & Insurance · Nebraska
Heartland Bank NE$19.7M · 0.26%
Cobalt Credit Union NE$19.6M · 0.52%
Frontier Holdings, LLC NE$19.4M · 0.18%
Bankfirst NE$17.3M · 0.11%
First Nebraska Bancs, Inc. NE$17.1M · 0.42%
First State Holding Co. NE$16.4M · 0.26%
Core Bank NE$15.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470376036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.