Plan Ledger DOL Form 5500 · updated monthly

Generations Community Federal Credit Union401(k)

GENERATIONS COMMUNITY FEDERAL CREDIT UNION 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Generations Community Federal Credit Union reported $35,729 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,033 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 0.235%. 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 2,338th-largest of 5,688 plans among Texas employers on file, and 3,412th of 4,798 in finance & insurance. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,939,176
Participants with balances235
Active participants186
Employer contributions$564,060
Employee contributions$800,491
Employer contribution per active participant$3,033
Average account balance$67,826
Benefits paid to participants$1,982,882
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 235 accts · $564K emplr
2023$14.4M · 246 accts · $583K emplr
2022$14.0M · 252 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,347
Investment management$29,382
Total administrative$35,729
The Generations Community Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$3,033
Median for plans this size$2,416
2024$3,033 per active participant
2023$2,943 per active participant
2022$2,306 per active participant

Generations Community Federal 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$29,384
FID INV INST OPS CO · Loan processing$6,347

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$35,729 · 0.24%
2023$43,029 · 0.30%
2022$36,862 · 0.24%
Same employer
Similar plansFinance & Insurance · Texas
First State Bank TX$16.3M · 0.36%
Citizens, Inc. TX$16.1M · 0.31%
Lenders Protection, LLC TX$16.0M · 0.11%
Alliance Credit Union TX$15.6M · 0.40%
Interflex Payments, LLC TX$15.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741117333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.