Plan Ledger DOL Form 5500 · updated monthly

First Entertainment Credit Union401(k)

FIRST ENTERTAINMENT CREDIT UNION DEFINED CONTRIBUTION PLAN · HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

First Entertainment Credit Union reported $91,556 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $5,983 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 3 years on file its reported administrative ratio has held roughly steady near 0.34%. 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 2,901st-largest of 9,483 plans among California employers on file, and 2,575th of 4,798 in finance & insurance. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,056,549
Participants with balances311
Active participants235
Employer contributions$1,406,053
Employee contributions$1,674,048
Employer contribution per active participant$5,983
Average account balance$86,999
Benefits paid to participants$5,305,334
Plan auditUnmodified (clean) audit opinion
AuditorTWHC
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 311 accts · $1.4M emplr
2023$26.4M · 308 accts · $1.8M emplr
2022$23.8M · 310 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,492
Investment management$51,064
Total administrative$91,556
The First Entertainment Credit Union 401(k) match · 2024
Employer contribution per active participant$5,983
Median for plans this size$2,416
2024$5,983 per active participant
2023$7,985 per active participant
2022$6,132 per active participant

First Entertainment 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
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$51,064

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$91,556 · 0.34%
2023$84,943 · 0.34%
2022$85,806 · 0.33%
Same employer
Similar plansFinance & Insurance · California
Adelfi Credit Union CA$28.0M · 0.11%
American Assets Trust, LP CA$27.2M · 0.40%
River City Bank CA$26.7M · 0.04%
American First Credit Union CA$26.6M · 0.18%
Myvest Corporation CA$26.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952513485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.