Plan Ledger DOL Form 5500 · updated monthly

Crane Federal Credit Union401(k)

CRANE CREDIT UNION EMPLOYEES' THRIFT PLAN · ODON, IN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Crane Federal Credit Union reported $99 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,887 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 0.01% to 0.00%. 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 662nd-largest of 1,562 plans among Indiana employers on file, and 3,341st of 4,798 in finance & insurance. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has grown from 168 to 190 since 2022.

Plan summary
Net assets, end of year$16,603,530
Participants with balances186
Active participants190
Employer contributions$738,481
Employee contributions$735,620
Employer contribution per active participant$3,887
Average account balance$89,266
Benefits paid to participants$468,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 186 accts · $738K emplr
2023$13.8M · 163 accts · $651K emplr
2022$11.8M · 169 accts · $556K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99
Total administrative$99
The Crane Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$3,887
Median for plans this size$2,416
2024$3,887 per active participant
2023$3,761 per active participant
2022$3,309 per active participant

Crane Federal 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.

Administrative cost history3
2024$99 · 0.00%
2023$120 · 0.00%
2022$1,508 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 350978599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.