Plan Ledger DOL Form 5500 · updated monthly

Credit One Bank, National Association401(k)

CREDIT ONE BANK, N. A. 401(K) PLAN AND TRUST · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Credit One Bank, National Association reported $202,345 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $5,292 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 0.24% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 32nd-largest of 437 plans among Nevada employers on file, and the 1,002nd of 4,798 in finance & insurance. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 778 to 954 since 2022.

Plan summary
Net assets, end of year$100,063,407
Participants with balances1,181
Active participants954
Employer contributions$5,048,970
Employee contributions$8,546,032
Employer contribution per active participant$5,292
Average account balance$84,728
Benefits paid to participants$7,964,642
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.1M · 1,181 accts · $5.0M emplr
2023$81.4M · 1,108 accts · $4.6M emplr
2022$59.5M · 998 accts · $3.8M emplr
The Credit One Bank, National Association 401(k) match · 2024
Employer contribution per active participant$5,292
Median for plans this size$3,635
2024$5,292 per active participant
2023$5,251 per active participant
2022$4,863 per active participant

Credit One Bank, National Association's 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$102,491
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$107,554

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$202,345 · 0.22%
2023$168,906 · 0.24%
2022$152,285 · 0.24%
Same employer
Similar plansFinance & Insurance · Nevada
Axos Financial, Inc. NV$127.3M · 0.22%
One Nevada Credit Union NV$35.4M · 0.02%
L/P Insurance Services LLC NV$33.6M · 0.26%
Clearcapital.com, Inc. NV$33.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942841595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.