Plan Ledger DOL Form 5500 · updated monthly

Copper State Credit Union401(k)

COPPER STATE CREDIT UNION 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Copper State Credit Union reported $48,329 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,524 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 0.54% to 0.42%. 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 533rd-largest of 1,285 plans among Arizona employers on file, and 3,825th 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$11,640,940
Participants with balances173
Active participants137
Employer contributions$345,817
Employee contributions$618,535
Employer contribution per active participant$2,524
Average account balance$67,289
Benefits paid to participants$1,765,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 173 accts · $346K emplr
2023$11.2M · 280 accts · $364K emplr
2022$9.4M · 261 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Investment management$46,229
Total administrative$48,329
The Copper State Credit Union 401(k) match · 2024
Employer contribution per active participant$2,524
Median for plans this size$2,416
2024$2,524 per active participant
2023$2,656 per active participant
2022$2,665 per active participant

Copper State 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$48,329

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$48,329 · 0.42%
2023$57,087 · 0.56%
2022$53,712 · 0.54%
Same employer
Similar plansFinance & Insurance · Arizona
Amerifirst Financial, Inc. AZ$15.1M · 0.89%
Crest Insurance Group, LLC AZ$14.7M · 0.64%
United Claim Solutions, LLC AZ$13.5M · 0.48%
On Q Financial, LLC AZ$13.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 866050693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.