Plan Ledger DOL Form 5500 · updated monthly

Georgia United Credit Union401(k)

GEORGIA UNITED CREDIT UNION 401(K) PLAN AND TRUST · DULUTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Georgia United Credit Union reported $177,166 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $8,238 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 rose from 0.37% to 0.40%. 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 487th-largest of 2,160 plans among Georgia employers on file, and the 1,768th of 4,798 in finance & insurance. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$46,527,197
Participants with balances434
Active participants341
Employer contributions$2,809,318
Employee contributions$2,237,935
Employer contribution per active participant$8,238
Average account balance$107,206
Benefits paid to participants$5,437,131
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$46.5M · 434 accts · $2.8M emplr
2023$41.1M · 453 accts · $2.4M emplr
2022$33.9M · 417 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,267
Investment management$122,899
Total administrative$177,166
The Georgia United Credit Union 401(k) match · 2024
Employer contribution per active participant$8,238
Median for plans this size$2,416
2024$8,238 per active participant
2023$7,053 per active participant
2022$6,124 per active participant

Georgia United 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 · 20243
CANNON FINANCIAL STRATEGISTS INC · Investment advisory (plan)$104,839
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,267
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,061

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$177,166 · 0.40%
2023$148,492 · 0.40%
2022$136,182 · 0.37%
Same employer
Similar plansFinance & Insurance · Georgia
Pathstone GA$53.2M · 0.03%
Associated Credit Union GA$48.2M · 0.20%
Hb Wealth Management LLC GA$45.7M · 0.01%
Titlemax of Georgia, Inc. GA$43.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580800932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.