Florida State University Credit Union401(k)
FLORIDA STATE UNIVERSITY CREDIT UNION 401(K) PLAN AND TRUST · TALLAHASSEE, FL · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Florida State University Credit Union reported $43,810 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,991 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 1 year on file its reported administrative ratio fell from 0.68% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,079th of 3,644), and 4,222nd of 4,798 in finance & insurance. In 2023, employees put in $1.10 for every $1.00 the employer contributed.
Florida State University Credit Union's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 590806310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.