Plan Ledger DOL Form 5500 · updated monthly

Del-One Federal Credit Union401(k)

DEL-ONE FEDERAL CREDIT UNION 401(K) PLAN · DOVER, DE · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Del-One Federal Credit Union reported $96,366 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,715 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 0.55% to 0.93%. 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 among the smaller plans on file in Delaware (151st of 242), and 3,943rd of 4,798 in finance & insurance. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,399,560
Participants with balances214
Active participants168
Employer contributions$288,104
Employee contributions$619,912
Employer contribution per active participant$1,715
Average account balance$48,596
Benefits paid to participants$1,752,150
Plan auditUnmodified (clean) audit opinion
AuditorYHB CPAS ABD CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 214 accts · $288K emplr
2023$10.2M · 208 accts · $266K emplr
2022$9.2M · 209 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,366
Total administrative$96,366
The Del-One Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$1,715
Median for plans this size$2,416
2024$1,715 per active participant
2023$1,622 per active participant
2022$5,264 per active participant

Del-One Federal Credit Union's 2024 employer contribution ran below 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,286
LIMESTONE PENSION ASSOCIATES LLC · Contract administrator · Other services$7,274
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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$96,366 · 0.93%
2023$56,499 · 0.58%
2022$51,537 · 0.55%
Same employer
Similar plansFinance & Insurance · Delaware
Artisans' Bank DE$27.9M · 0.21%
Continental Finance Company DE$20.4M · 0.29%
Partners Bancorp DE$14.6M · 0.27%
County Bank DE$12.6M · 0.23%
Rath Incorporated DE$5.4M · 0.33%
Live Well Financial Inc. DE$359K · 5.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510098799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.