Plan Ledger DOL Form 5500 · updated monthly

First Community Credit Union401(k)

FIRST COMMUNITY 401(K) PLAN · COQUILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

First Community Credit Union reported $140,900 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,217 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 0.02% to 0.40%. 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 232nd-largest of 1,021 plans among Oregon employers on file, and the 2,008th of 4,798 in finance & insurance. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,744,398
Participants with balances369
Active participants308
Employer contributions$990,732
Employee contributions$1,454,039
Employer contribution per active participant$3,217
Average account balance$104,998
Benefits paid to participants$1,103,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 369 accts · $991K emplr
2023$32.5M · 359 accts · $567K emplr
2022$27.9M · 352 accts · $571K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,900
Investment management$100,000
Total administrative$140,900
The First Community Credit Union 401(k) match · 2024
Employer contribution per active participant$3,217
Median for plans this size$2,416
2024$3,217 per active participant
2023$1,916 per active participant
2022$2,017 per active participant

First Community Credit Union's 2024 employer contribution ran above 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
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$100,000
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$40,900

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$140,900 · 0.40%
2023$62,180 · 0.21%
2022$6,602 · 0.02%
Similar plansFinance & Insurance · Oregon
Concora Credit Inc. OR$43.0M · 0.41%
The Partners Group, LTD OR$37.0M · 0.02%
Advantis Credit Union OR$30.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930468003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.