Plan Ledger DOL Form 5500 · updated monthly

Community Credit Union of Florida401(k)

COMMUNITY CREDIT UNION OF FLORIDA EMPLOYEES SAVINGS PLAN · ROCKLEDGE, FL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Community Credit Union of Florida reported $37,936 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,034 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 0.27% to 0.31%. 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 1,481st-largest of 3,644 plans among Florida employers on file, and 3,658th of 4,798 in finance & insurance. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 141 to 161 since 2022.

Plan summary
Net assets, end of year$13,338,494
Participants with balances184
Active participants161
Employer contributions$327,521
Employee contributions$910,805
Employer contribution per active participant$2,034
Average account balance$72,492
Benefits paid to participants$675,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 184 accts · $328K emplr
2023$11.5M · 169 accts · $294K emplr
2022$9.6M · 160 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,423
Investment management$10,513
Total administrative$37,936
The Community Credit Union of Florida 401(k) match · 2024
Employer contribution per active participant$2,034
Median for plans this size$2,416
2024$2,034 per active participant
2023$1,945 per active participant
2022$1,838 per active participant

Community Credit Union of Florida's 2024 employer contribution ran below 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 · 20242
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$27,423
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$10,513

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

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

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

Administrative cost history3
2024$37,936 · 0.31%
2023$30,460 · 0.29%
2022$27,718 · 0.27%
Same employer
Similar plansFinance & Insurance · Florida
Gulf Winds Credit Union FL$14.1M · 0.53%
One Florida Bank FL$13.9M · 0.21%
Siebert Financial Corp. FL$13.8M · 0.11%
Das Talent, LLC FL$12.9M · 0.45%
Brightstar Credit Union FL$12.3M · 0.38%
Gis National, LLC FL$11.7M · 0.87%
Sentrics, Inc. FL$11.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590860768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.