Plan Ledger DOL Form 5500 · updated monthly

First Tech Federal Credit Union401(k)

FIRST TECH FEDERAL CREDIT UNION EMPLOYEES QUALIFIED SAVINGS PLAN · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

First Tech Federal Credit Union reported $48,145 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,913 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 0.022% to 0.020%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 40th-largest of 1,021 plans among Oregon employers on file, and the 484th of 4,798 in finance & insurance. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$265,291,268
Participants with balances2,327
Active participants1,548
Employer contributions$7,605,400
Employee contributions$13,787,166
Employer contribution per active participant$4,913
Average account balance$114,006
Benefits paid to participants$22,003,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$265.3M · 2,327 accts · $7.6M emplr
2023$227.9M · 2,345 accts · $9.1M emplr
2022$183.9M · 2,320 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,145
Total administrative$48,145
The First Tech Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$4,913
Median for plans this size$3,635
2024$4,913 per active participant
2023$5,611 per active participant
2022$5,074 per active participant

First Tech Federal Credit Union's 2024 employer contribution ran above the $3,635 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$210,295

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$48,145 · 0.02%
2023$46,494 · 0.02%
2022$42,404 · 0.02%
Same employer
Similar plansFinance & Insurance · Oregon
Careoregon, Inc. OR$218.3M · 0.15%
Moda Partners, Inc. OR$209.0M · 0.15%
Pacificsource OR$183.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237062675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.