Plan Ledger DOL Form 5500 · updated monthly

Fibre Federal Credit Union401(k)

FIBRE FEDERAL CREDIT UNION SAVINGS RETIREMENT PLAN · LONGVIEW, WA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Fibre Federal Credit Union reported $149,121 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $6,515 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 0.30% to 0.32%. 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 349th-largest of 1,714 plans among Washington employers on file, and the 1,680th of 4,798 in finance & insurance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 254 to 287 since 2022.

Plan summary
Net assets, end of year$49,589,811
Participants with balances326
Active participants287
Employer contributions$1,869,889
Employee contributions$1,762,240
Employer contribution per active participant$6,515
Average account balance$152,116
Benefits paid to participants$3,694,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.6M · 326 accts · $1.9M emplr
2023$44.0M · 328 accts · $1.7M emplr
2022$38.3M · 301 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,894
Investment management$86,227
Total administrative$149,121
The Fibre Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$6,515
Median for plans this size$2,416
2024$6,515 per active participant
2023$6,356 per active participant
2022$6,450 per active participant

Fibre Federal Credit Union'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$67,034
ALERA GROUP INC · Investment management$82,088

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$149,121 · 0.32%
2023$105,523 · 0.26%
2022$124,237 · 0.30%
Same employer
Similar plansFinance & Insurance · Washington
Remitly, Inc. WA$57.1M · 0.12%
Harborstone Credit Union WA$54.2M · 0.34%
Coastal Community Bank WA$45.4M · 0.27%
Brighton Jones, LLC WA$44.9M · 0.00%
Iq Credit Union WA$42.1M · 0.31%
Gesa Credit Union WA$41.1M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910564732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.