Plan Ledger DOL Form 5500 · updated monthly

Ih Mississippi Valley Credit Union401(k)

IH MISSISSIPPI VALLEY CREDIT UNION 401(K) PLAN & TRUST · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ih Mississippi Valley Credit Union reported $175,777 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $4,459 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 0.49% to 0.46%. 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 1,073rd-largest of 3,702 plans among Illinois employers on file, and the 1,922nd of 4,798 in finance & insurance. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$41,128,581
Participants with balances505
Active participants401
Employer contributions$1,788,017
Employee contributions$1,783,986
Employer contribution per active participant$4,459
Average account balance$81,443
Benefits paid to participants$3,815,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.1M · 505 accts · $1.8M emplr
2023$35.9M · 543 accts · $1.8M emplr
2022$30.1M · 515 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,824
Investment management$80,953
Total administrative$175,777
The Ih Mississippi Valley Credit Union 401(k) match · 2024
Employer contribution per active participant$4,459
Median for plans this size$2,416
2024$4,459 per active participant
2023$4,489 per active participant
2022$4,489 per active participant

Ih Mississippi Valley 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 · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$94,824
FIRST COMMUNITY TRUST N.A. · Trustee (discretionary) · Investment advisory (plan)$80,953
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,777 · 0.46%
2023$165,199 · 0.50%
2022$156,161 · 0.49%
Same employer
Similar plansFinance & Insurance · Illinois
Kingsway America Inc. IL$42.5M · 0.13%
First State Bank IL$42.3M · 0.41%
Delta Dental of Illinois IL$41.7M · 0.08%
Unite Here Health IL$40.9M · 0.13%
Marquette Associates, Inc. IL$40.5M · 0.13%
First Co Bancorp, Inc. IL$40.2M · 0.18%
Rmb Capital Management, LLC IL$40.2M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362523206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.