Plan Ledger DOL Form 5500 · updated monthly

Greenstate Credit Union401(k)

GREENSTATE CREDIT UNION 401(K) RETIREMENT PLAN · NORTH LIBERTY, IA · plan year 2025

Reported admin expense ratio · 2025
0.12%

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

Greenstate Credit Union reported $165,777 in plan administrative expenses for 2025: 0.12% of average plan assets, above the peer median. Employer contributions averaged $8,325 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 fell from 0.21% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 63rd-largest of 878 plans among Iowa employers on file, and the 723rd of 4,798 in finance & insurance. In 2025, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$154,317,113
Participants with balances1,158
Active participants1,015
Employer contributions$8,449,381
Employee contributions$8,515,497
Employer contribution per active participant$8,325
Average account balance$133,262
Benefits paid to participants$10,702,538
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$154.3M · 1,158 accts · $8.4M emplr
2024$123.5M · 1,076 accts · $7.4M emplr
2023$102.0M · 1,021 accts · $7.0M emplr
2022$82.7M · 1,099 accts · $6.8M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$110,525
Investment management$55,252
Total administrative$165,777
The Greenstate Credit Union 401(k) match · 2025
Employer contribution per active participant$8,325
Median for plans this size$4,093
2025$8,325 per active participant
2024$7,998 per active participant
2023$7,978 per active participant
2022$7,280 per active participant

Greenstate Credit Union's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$110,525
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$55,252

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

Administrative cost history4
2025$165,777 · 0.12%
2024$191,217 · 0.17%
2023$169,098 · 0.18%
2022$162,935 · 0.21%
Same employer
Similar plansFinance & Insurance · Iowa
Tmg Insurance Services, LLC IA$173.5M · 0.13%
Wellabe Services Company IA$162.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420804594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.