Plan Ledger DOL Form 5500 · updated monthly

Lbs Financial Credit Union401(k)

LBS FINANCIAL CREDIT UNION 401(K) RETIREMENT PLAN · WESTMINSTER, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

Lbs Financial Credit Union reported $14,094 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. 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 0.09% to 0.07%. 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 3,620th-largest of 9,483 plans among California employers on file, and 3,047th of 4,798 in finance & insurance. active participation has grown from 219 to 251 since 2022.

Plan summary
Net assets, end of year$20,100,681
Participants with balances353
Active participants251
Employer contributions—
Employee contributions$1,073,696
Employer contribution per active participant—
Average account balance$56,942
Benefits paid to participants$1,073,634
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD AC
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 353 accts
2023$17.5M · 339 accts
2022$15.0M · 334 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,094
Total administrative$14,094
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
MINNESOTA LIFE INSURANCE COMPANY · Claims processing · Recordkeeping$26,259

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

Recordkeeper by year2
2024Securian
2023Securian

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

Administrative cost history3
2024$14,094 · 0.07%
2023$15,490 · 0.10%
2022$15,200 · 0.09%
Same employer
Similar plansFinance & Insurance · California
Sesloc Federal Credit Union CA$20.4M · 0.05%
Bac Community Bank CA$20.4M · 0.00%
Five Star Bank CA$20.3M · 0.03%
Albourne America LLC CA$20.3M · 0.15%
Lobel Financial CA$20.0M · 0.04%
Commonwealth Business Bank CA$20.0M · 0.22%
Dibuduo & Defendis CA$20.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.