Plan Ledger DOL Form 5500 · updated monthly

Educational Systems Federal Credit UnionMoney purchase plan

EDUCATIONAL SYSTEMS FEDERAL CREDIT UNION MONEY PURCHASE PLAN · GREENBELT, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

Educational Systems Federal Credit Union reported $38,181 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. 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 0.38% to 0.26%. 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 793rd-largest of 1,671 plans among Maryland employers on file, and 3,496th of 4,798 in finance & insurance. active participation has grown from 145 to 171 since 2022.

Plan summary
Net assets, end of year$15,123,737
Participants with balances228
Active participants171
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$66,332
Benefits paid to participants$321,982
Plan auditUnmodified (clean) audit opinion
AuditorDELEON & STANG, CPAS AND ADVISORS
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.1M emplr
2024$15.1M · 228 accts
2023$13.7M · 239 accts · $1.0M emplr
2022$12.2M · 220 accts · $874K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,615
Investment management$9,566
Total administrative$38,181
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
LINCOLN NATIONAL CORPORATION · Contract administrator$28,615
ARTHUR J GALLAGHER & CO · Investment advisory (participants)$9,566

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

Administrative cost history4
2025Not separately reported
2024$38,181 · 0.26%
2023$53,412 · 0.41%
2022$51,010 · 0.38%
Same employer
Similar plansFinance & Insurance · Maryland
Point Breeze Credit Union MD$17.9M · 0.03%
Industrial Bank MD$16.3M · 0.45%
Apwu - Health Plan MD$13.5M · 0.63%
Ascend One Corporation MD$13.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520695019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.