Plan Ledger DOL Form 5500 · updated monthly

East Idaho Credit Union401(k)

EAST IDAHO CREDIT UNION 401(K) PLAN AND TRUST · IDAHO FALLS, ID · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

East Idaho Credit Union reported $19,123 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,460 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 0.20% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Idaho (201st of 349), and 4,239th of 4,798 in finance & insurance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,355,513
Participants with balances157
Active participants167
Employer contributions$410,748
Employee contributions$652,364
Employer contribution per active participant$2,460
Average account balance$46,850
Benefits paid to participants$859,833
Plan auditUnmodified (clean) audit opinion
AuditorEIDEBAILLY
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 157 accts · $411K emplr
2023$6.2M · 119 accts · $354K emplr
2022$4.4M · 123 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,745
Investment management$14,378
Total administrative$19,123
The East Idaho Credit Union 401(k) match · 2024
Employer contribution per active participant$2,460
Median for plans this size$1,313
2024$2,460 per active participant
2023$2,171 per active participant
2022$2,309 per active participant

East Idaho Credit Union's 2024 employer contribution ran above the $1,313 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
FREEDOM FIDUCIARIES · Investment advisory (plan)$14,378

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$19,123 · 0.28%
2023$3,240 · 0.06%
2022$10,797 · 0.20%
Same employer
Similar plansFinance & Insurance · Idaho
S7 Corp. ID$10.4M · 0.66%
Intermountain Claims Inc. ID$10.4M · 0.41%
Amplio Corporation ID$9.7M · 0.85%
Tater Holdings Inc. ID$1.2M · 1.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820219844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.