Plan Ledger DOL Form 5500 · updated monthly

City Credit Union401(k)

CITY CREDIT UNION 401(K) RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

City Credit Union reported $9,513 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,615 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 fell from 0.28% to 0.14%. 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 Texas (3,489th of 5,688), and 4,224th of 4,798 in finance & insurance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,527,870
Participants with balances113
Active participants102
Employer contributions$266,691
Employee contributions$476,700
Employer contribution per active participant$2,615
Average account balance$66,618
Benefits paid to participants$781,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 113 accts · $267K emplr
2023$6.5M · 121 accts · $258K emplr
2022$5.3M · 113 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,357
Trustee / custodial$2,156
Total administrative$9,513
The City Credit Union 401(k) match · 2024
Employer contribution per active participant$2,615
Median for plans this size$1,313
2024$2,615 per active participant
2023$2,455 per active participant
2022$2,155 per active participant

City 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
MILLIMAN, INC. · Recordkeeping · Loan processing$7,357
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$2,156
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect 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
2024Milliman
2023Milliman

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

Administrative cost history3
2024$9,513 · 0.14%
2023$4,189 · 0.07%
2022$15,780 · 0.28%
Same employer
Similar plansFinance & Insurance · Texas
First Community Bank TX$7.7M · 0.33%
Sente Mortgage TX$7.6M · 0.84%
American State Bank TX$7.6M · 1.09%
Solvchem, Inc TX$7.6M · 0.30%
Pilgrim Bancorporation TX$7.5M · 0.10%
Hometown Bank, NA TX$7.4M · 0.02%
Providence Title Company TX$7.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750692281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.