Plan Ledger DOL Form 5500 · updated monthly

Credit Union of America401(k)

CREDIT UNION OF AMERICA CAPITAL ACCUMULATION PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Credit Union of America reported $78,030 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,698 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 0.26% to 0.30%. 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 229th-largest of 828 plans among Kansas employers on file, and 2,529th of 4,798 in finance & insurance. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 230 to 264 since 2022.

Plan summary
Net assets, end of year$27,946,553
Participants with balances352
Active participants264
Employer contributions$1,240,394
Employee contributions$1,093,311
Employer contribution per active participant$4,698
Average account balance$79,394
Benefits paid to participants$1,206,942
Plan auditUnmodified (clean) audit opinion
AuditorJ TENBRINK AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$27.9M · 352 accts · $1.2M emplr
2023$23.5M · 342 accts · $1.2M emplr
2022$19.2M · 307 accts · $954K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,417
Total administrative$78,030
The Credit Union of America 401(k) match · 2024
Employer contribution per active participant$4,698
Median for plans this size$2,416
2024$4,698 per active participant
2023$4,519 per active participant
2022$4,150 per active participant

Credit Union of America'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 · 20241
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$74,417

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

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

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

Administrative cost history3
2024$78,030 · 0.30%
2023$62,546 · 0.29%
2022$56,505 · 0.26%
Similar plansFinance & Insurance · Kansas
Ks Statebank KS$31.3M · 0.54%
Security Bancshares Inc KS$24.6M · 0.00%
Landmark Bancorp, Inc. KS$22.7M · 0.29%
Mazuma Credit Union KS$22.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480477295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.