Plan Ledger DOL Form 5500 · updated monthly

East Texas Professional Credit Union401(k)

EAST TEXAS PROFESSIONAL CREDIT UNION SALARY SAVINGS PLAN · LONGVIEW, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

East Texas Professional Credit Union reported $6,899 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,625 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 0.07% to 0.05%. 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 2,516th-largest of 5,688 plans among Texas employers on file, and 3,567th of 4,798 in finance & insurance. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 233 to 318 since 2022.

Plan summary
Net assets, end of year$14,248,982
Participants with balances320
Active participants318
Employer contributions$516,740
Employee contributions$707,401
Employer contribution per active participant$1,625
Average account balance$44,528
Benefits paid to participants$545,617
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 320 accts · $517K emplr
2023$12.4M · 288 accts · $509K emplr
2022$8.8M · 247 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,899
Total administrative$6,899
The East Texas Professional Credit Union 401(k) match · 2024
Employer contribution per active participant$1,625
Median for plans this size$2,416
2024$1,625 per active participant
2023$1,905 per active participant
2022$1,480 per active participant

East Texas Professional 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,899
WELLS FARGO CLEARING SERVICES LLCindirect 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$6,899 · 0.05%
2023$7,891 · 0.07%
2022$6,063 · 0.07%
Same employer
Similar plansFinance & Insurance · Texas
Resource One Credit Union TX$14.4M · 0.10%
Insurance Zebra, Inc. TX$14.2M · 0.85%
Capital Bancorp, Inc. TX$14.2M · 0.03%
Union Square Credit Union TX$14.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750913075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.