Plan Ledger DOL Form 5500 · updated monthly

Corporate America Family Credit Union401(k)

CORPORATE AMERICA FAMILY CREDIT UNION 401(K) PLAN · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Corporate America Family Credit Union reported $21,219 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,142 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 0.02% to 0.07%. 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 1,261st-largest of 3,702 plans among Illinois employers on file, and the 2,316th of 4,798 in finance & insurance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$32,072,850
Participants with balances289
Active participants185
Employer contributions$1,136,309
Employee contributions$1,065,047
Employer contribution per active participant$6,142
Average account balance$110,979
Benefits paid to participants$5,585,279
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 289 accts · $1.1M emplr
2023$31.4M · 276 accts · $1.0M emplr
2022$27.1M · 276 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,219
Total administrative$21,219
The Corporate America Family Credit Union 401(k) match · 2024
Employer contribution per active participant$6,142
Median for plans this size$2,416
2024$6,142 per active participant
2023$5,137 per active participant
2022$5,435 per active participant

Corporate America Family Credit Union's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$39,692
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$11,250
RESOURCE INVESTMENT ADVISORS · Investment advisory (plan)$1,315

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Corporate America Family Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,219 · 0.07%
2023$6,327 · 0.02%
2022$5,548 · 0.02%
Same employer
Similar plansFinance & Insurance · Illinois
Avant, LLC IL$32.8M · 0.17%
Tradelink LLC IL$32.5M · 0.06%
Old Mission Capital, LLC IL$32.2M · 0.02%
Credit Union 1 IL$31.3M · 0.06%
Allied First Bancorp, Inc. IL$31.1M · 0.79%
Eagle Seven IL$30.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360760135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.