Plan Ledger DOL Form 5500 · updated monthly

Jeanne Darc Credit Union401(k)

JEANNE D'ARC CREDIT UNION 401(K) PLAN · LOWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Jeanne Darc Credit Union reported $227 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,370 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 0.000% to 0.001%. 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 845th-largest of 2,726 plans among Massachusetts employers on file, and the 2,026th of 4,798 in finance & insurance. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 220 to 287 since 2022.

Plan summary
Net assets, end of year$38,336,197
Participants with balances309
Active participants287
Employer contributions$1,254,084
Employee contributions$1,276,896
Employer contribution per active participant$4,370
Average account balance$124,065
Benefits paid to participants$4,249,369
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 309 accts · $1.3M emplr
2023$34.6M · 324 accts · $1.2M emplr
2022$27.3M · 285 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207
Investment management$20
Total administrative$227
The Jeanne Darc Credit Union 401(k) match · 2024
Employer contribution per active participant$4,370
Median for plans this size$2,416
2024$4,370 per active participant
2023$4,722 per active participant
2022$4,550 per active participant

Jeanne Darc 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 · 20241

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$227 · 0.00%
2023$151 · 0.00%
2022$125 · 0.00%
Same employer
Similar plansFinance & Insurance · Massachusetts
Florence Bank MA$39.3M · 0.00%
Metro Credit Union MA$38.9M · 0.09%
South Shore Bank MA$38.8M · 0.03%
Watertown Savings Bank MA$38.2M · 0.00%
Openly Holdings Corp. MA$37.7M · 0.05%
Flywire Corporation MA$36.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041231965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.