Plan Ledger DOL Form 5500 · updated monthly

Coast Central Credit Union401(k)

COAST CENTRAL CREDIT UNION EMPLOYEE RETIREMENT PLAN · EUREKA, CA · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Coast Central Credit Union reported $26,963 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,199 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 1 year on file its reported administrative ratio fell from 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,165th-largest of 9,483 plans among California employers on file, and the 1,987th of 4,798 in finance & insurance. In 2023, the employer put in $1.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$39,463,181
Participants with balances356
Active participants218
Employer contributions$1,569,469
Employee contributions$1,014,984
Employer contribution per active participant$7,199
Average account balance$110,852
Benefits paid to participants$3,058,277
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$39.5M · 356 accts · $1.6M emplr
2022$32.4M · 315 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,963
Total administrative$26,963
The Coast Central Credit Union 401(k) match · 2023
Employer contribution per active participant$7,199
Median for plans this size$2,440
2023$7,199 per active participant
2022$5,377 per active participant

Coast Central Credit Union's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
CHARLES SCHWAB TRUST BANK · Investment managementindirect comp

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

Administrative cost history2
2023$26,963 · 0.08%
2022$32,376 · 0.09%
Same employer
Similar plansFinance & Insurance · California
Clover Health, LLC CA$40.5M · 0.23%
1ST United Credit Union CA$40.0M · 0.25%
Lifecare Assurance Company CA$39.4M · 0.04%
Pmi Mortgage Insurance Co. CA$38.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941287157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.