Plan Ledger DOL Form 5500 · updated monthly

Firefighters First Federal Credit Union401(k)

FIREFIGHTERS FIRST FEDERAL CREDIT UNION · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Firefighters First Federal Credit Union reported $106,707 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $5,190 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 0.35% to 0.31%. 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 2,256th-largest of 9,483 plans among California employers on file, and the 2,068th of 4,798 in finance & insurance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 244 to 300 since 2022.

Plan summary
Net assets, end of year$37,464,303
Participants with balances369
Active participants300
Employer contributions$1,556,923
Employee contributions$1,818,259
Employer contribution per active participant$5,190
Average account balance$101,529
Benefits paid to participants$1,516,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.5M · 369 accts · $1.6M emplr
2023$30.8M · 340 accts · $1.4M emplr
2022$24.7M · 317 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,076
Total administrative$106,707
The Firefighters First Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$5,190
Median for plans this size$2,416
2024$5,190 per active participant
2023$5,289 per active participant
2022$4,735 per active participant

Firefighters First 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,109

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$106,707 · 0.31%
2023$91,891 · 0.33%
2022$93,641 · 0.35%
Same employer
Similar plansFinance & Insurance · California
Meriwest Credit Union CA$37.5M · 0.37%
Spoton Technologies, Inc. CA$37.3M · 0.51%
Collectivehealth, Inc CA$37.1M · 0.28%
Venbrook Group, LLC CA$36.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 950949175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.