Plan Ledger DOL Form 5500 · updated monthly

Cinfed Credit Union401(k)

CINFED CREDIT UNION 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Cinfed Credit Union reported $44,658 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $3,118 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 0.43% to 0.45%. 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 Ohio (1,957th of 3,295), and 3,937th of 4,798 in finance & insurance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 106 to 127 since 2022.

Plan summary
Net assets, end of year$10,425,445
Participants with balances158
Active participants127
Employer contributions$396,034
Employee contributions$660,802
Employer contribution per active participant$3,118
Average account balance$65,984
Benefits paid to participants$1,221,154
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 158 accts · $396K emplr
2023$9.3M · 142 accts · $329K emplr
2022$7.9M · 133 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,506
Investment management$14,152
Total administrative$44,658
The Cinfed Credit Union 401(k) match · 2024
Employer contribution per active participant$3,118
Median for plans this size$1,313
2024$3,118 per active participant
2023$2,888 per active participant
2022$2,991 per active participant

Cinfed 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$14,152
KESTRA INVESTMENT SERVICES LLCindirect 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$44,658 · 0.45%
2023$38,516 · 0.45%
2022$36,057 · 0.43%
Same employer
Similar plansFinance & Insurance · Ohio
Desco Federal Credit Union OH$11.8M · 0.22%
Hauser, Inc. dba Hauser OH$11.6M · 0.15%
Guardian Savings Bank OH$11.6M · 0.27%
Branch Financial, Inc. OH$11.2M · 1.13%
Day Air Credit Union, Inc. OH$10.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310859064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.