Plan Ledger DOL Form 5500 · updated monthly

Clearview Federal Credit Union401(k)

CLEARVIEW FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · MOON TOWNSHIP, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Clearview Federal Credit Union reported $71,671 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,426 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 0.45% to 0.28%. 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 1,269th-largest of 3,651 plans among Pennsylvania employers on file, and 2,563rd of 4,798 in finance & insurance. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 346 to 393 since 2022.

Plan summary
Net assets, end of year$27,266,455
Participants with balances448
Active participants393
Employer contributions$953,531
Employee contributions$1,637,857
Employer contribution per active participant$2,426
Average account balance$60,863
Benefits paid to participants$4,117,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 448 accts · $954K emplr
2023$24.7M · 436 accts · $785K emplr
2022$23.5M · 426 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,035
Investment management$65,636
Total administrative$71,671
The Clearview Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$2,426
Median for plans this size$2,416
2024$2,426 per active participant
2023$2,127 per active participant
2022$2,043 per active participant

Clearview 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$55,590
DEFINITI · Contract administrator$5,092
EMPOWER ADVISORY GROUP LLC · Investment management$207

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$71,671 · 0.28%
2023$107,818 · 0.45%
2022$115,227 · 0.45%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Lombard International PA$28.2M · 0.10%
The Benecon Group, LLC PA$27.3M · 0.32%
Nextier Bank, N.A. PA$27.1M · 0.46%
1ST Summit Bancorp PA$26.9M · 0.12%
Washington Financial Bank PA$26.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526051818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.