Plan Ledger DOL Form 5500 · updated monthly

Inova Federal Credit Union401(k)

INOVA FEDERAL CREDIT UNION 401(K) PLAN · ELKHART, IN · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

Inova Federal Credit Union reported $1,708 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,992 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 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 691st-largest of 1,562 plans among Indiana employers on file, and 3,422nd of 4,798 in finance & insurance. In 2025, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,838,235
Participants with balances178
Active participants130
Employer contributions$388,959
Employee contributions$717,746
Employer contribution per active participant$2,992
Average account balance$88,979
Benefits paid to participants$2,254,330
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$15.8M · 178 accts · $389K emplr
2024$14.3M · 170 accts · $421K emplr
2023$11.4M · 156 accts · $409K emplr
2022$9.6M · 139 accts · $368K emplr
Administrative expenses, itemized · 2025
Investment management$3,208
Total administrative$1,708
The Inova Federal Credit Union 401(k) match · 2025
Employer contribution per active participant$2,992
Median for plans this size$2,666
2025$2,992 per active participant
2024$3,120 per active participant
2023$3,148 per active participant
2022$2,991 per active participant

Inova Federal Credit Union's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$1,708 · 0.01%
2024$6,508 · 0.05%
2023$3,577 · 0.03%
2022$3,370 · 0.03%
Same employer
Similar plansFinance & Insurance · Indiana
Gvc Mortgage Inc. IN$16.0M · 0.49%
Beacon Credit Union IN$16.0M · 0.52%
Town Financial Corporation IN$15.9M · 0.19%
Hoosier Hills Credit Union IN$15.4M · 0.31%
The Hometown Savings Bank IN$14.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350887540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.