Plan Ledger DOL Form 5500 · updated monthly

Greater Nevada Credit Union401(k)

GREATER NEVADA CREDIT UNION 401(K) PLAN · CARSON CITY, NV · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Greater Nevada Credit Union reported $14,767 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,100 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 0.09% to 0.08%. 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 136th-largest of 437 plans among Nevada employers on file, and 3,116th of 4,798 in finance & insurance. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,448,408
Participants with balances427
Active participants306
Employer contributions$948,578
Employee contributions$1,607,499
Employer contribution per active participant$3,100
Average account balance$45,547
Benefits paid to participants$3,082,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 427 accts · $949K emplr
2023$17.2M · 434 accts · $921K emplr
2022$14.2M · 404 accts · $847K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,767
Total administrative$14,767
The Greater Nevada Credit Union 401(k) match · 2024
Employer contribution per active participant$3,100
Median for plans this size$2,416
2024$3,100 per active participant
2023$2,824 per active participant
2022$2,598 per active participant

Greater Nevada 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$112,278

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$14,767 · 0.08%
2023$13,077 · 0.08%
2022$13,238 · 0.09%
Same employer
Similar plansFinance & Insurance · Nevada
Meadows Bank NV$22.7M · 0.24%
Gbank NV$22.5M · 0.39%
Clark County Credit Union NV$18.6M · 0.37%
Pavilion Payments NV$12.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880063808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.