Plan Ledger DOL Form 5500 · updated monthly

Community Resource Credit Union401(k)

COMMUNITY RESOURCE CREDIT UNION 401(K) PLAN · BAYTOWN, TX · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Community Resource Credit Union reported $54,468 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,398 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 0.04% to 0.35%. 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 2,328th-largest of 5,688 plans among Texas employers on file, and 3,397th of 4,798 in finance & insurance. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,068,268
Participants with balances197
Active participants164
Employer contributions$557,303
Employee contributions$657,953
Employer contribution per active participant$3,398
Average account balance$81,565
Benefits paid to participants$2,434,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 197 accts · $557K emplr
2023$15.3M · 180 accts · $531K emplr
2022$13.1M · 168 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,168
Investment management$37,300
Total administrative$54,468
The Community Resource Credit Union 401(k) match · 2024
Employer contribution per active participant$3,398
Median for plans this size$2,416
2024$3,398 per active participant
2023$3,404 per active participant
2022$3,263 per active participant

Community Resource 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$55,379
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$37,300

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$54,468 · 0.35%
2023$21,712 · 0.15%
2022$6,364 · 0.04%
Same employer
Similar plansFinance & Insurance · Texas
Vista Bancshares, Inc. TX$16.4M · 0.16%
First State Bank TX$16.3M · 0.36%
Citizens, Inc. TX$16.1M · 0.31%
Lenders Protection, LLC TX$16.0M · 0.11%
Alliance Credit Union TX$15.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741109927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.