Plan Ledger DOL Form 5500 · updated monthly

Idaho Central Credit Union401(k)

IDAHO CENTRAL CREDIT UNION 401(K) PLAN · POCATELLO, ID · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Idaho Central Credit Union reported $283,380 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,485 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 0.27% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 24th-largest of 349 plans among Idaho employers on file, and the 1,004th of 4,798 in finance & insurance. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,501,582
Participants with balances2,348
Active participants1,909
Employer contributions$2,833,959
Employee contributions$8,572,559
Employer contribution per active participant$1,485
Average account balance$42,377
Benefits paid to participants$4,658,522
Plan auditUnmodified (clean) audit opinion
AuditorPOSTON DENNEY KILLPACK PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$99.5M · 2,348 accts · $2.8M emplr
2023$80.7M · 2,182 accts · $2.7M emplr
2022$62.3M · 2,048 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,484
Investment management$130,896
Total administrative$283,380
The Idaho Central Credit Union 401(k) match · 2024
Employer contribution per active participant$1,485
Median for plans this size$3,635
2024$1,485 per active participant
2023$1,481 per active participant
2022$1,531 per active participant

Idaho Central Credit Union's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$152,484
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$112,006
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,890

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$283,380 · 0.31%
2023$270,527 · 0.38%
2022$179,170 · 0.27%
Same employer
Similar plansFinance & Insurance · Idaho
First Federal Savings Bank ID$39.7M · 0.10%
Title Financial Corporation ID$32.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820217065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.