Plan Ledger DOL Form 5500 · updated monthly

Corporate One Federal Credit Union401(k)

CORPORATE ONE FEDERAL CREDIT UNION 401(K) PLAN AND TRUST · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Corporate One Federal Credit Union reported $57,029 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,373 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 0.13% to 0.12%. 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 643rd-largest of 3,295 plans among Ohio employers on file, and the 1,615th of 4,798 in finance & insurance. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$51,920,188
Participants with balances208
Active participants153
Employer contributions$1,893,144
Employee contributions$1,822,708
Employer contribution per active participant$12,373
Average account balance$249,616
Benefits paid to participants$3,052,113
Plan auditUnmodified (clean) audit opinion
AuditorMCCURDY & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$51.9M · 208 accts · $1.9M emplr
2023$44.0M · 207 accts · $1.8M emplr
2022$34.9M · 197 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,529
Investment management$37,000
Audit (IQPA)$2,500
Total administrative$57,029
The Corporate One Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$12,373
Median for plans this size$2,416
2024$12,373 per active participant
2023$11,604 per active participant
2022$6,914 per active participant

Corporate One Federal 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 · 20242
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$37,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,529

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$57,029 · 0.12%
2023$50,961 · 0.13%
2022$48,541 · 0.13%
Same employer
Similar plansFinance & Insurance · Ohio
Fund Evaluation Group, LLC OH$57.1M · 0.00%
Caret Holdings, Inc. OH$56.9M · 0.42%
First Mutual Holding Co. OH$46.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311102257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.