Plan Ledger DOL Form 5500 · updated monthly

Five Star Credit Union401(k)

FIVE STAR CREDIT UNION 401(K) RETIREMENT SAVINGS PLAN · DOTHAN, AL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Five Star Credit Union reported $53,396 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,870 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.

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 387th-largest of 902 plans among Alabama employers on file, and 3,664th of 4,798 in finance & insurance. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,293,004
Participants with balances230
Active participants235
Employer contributions$1,144,543
Employee contributions$1,024,891
Employer contribution per active participant$4,870
Average account balance$57,796
Benefits paid to participants$1,092,376
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,643
Investment management$30,753
Total administrative$53,396
The Five Star Credit Union 401(k) match · 2024
Employer contribution per active participant$4,870
Median for plans this size$2,416

Five Star 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
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$29,281
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,643

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

Administrative cost history1
2024$53,396 · 0.48%
Same employer
Similar plansFinance & Insurance · Alabama
Progress Bank AL$14.2M · 0.33%
Citizens Bank and Trust AL$13.3M · 0.35%
Southpoint Bank AL$13.0M · 0.83%
First Metro Bank AL$12.7M · 0.05%
Collateral Holdings, LLC AL$12.5M · 0.30%
Ccb Community Bank AL$12.1M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580960142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.