Plan Ledger DOL Form 5500 · updated monthly

Lge Community Credit Union401(k)

LGE COMMUNITY CREDIT UNION 401(K) PLAN AND TRUST · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Lge Community Credit Union reported $200,583 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,268 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 0.45% to 0.50%. 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 540th-largest of 2,160 plans among Georgia employers on file, and the 1,907th of 4,798 in finance & insurance. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 281 to 339 since 2022.

Plan summary
Net assets, end of year$41,635,615
Participants with balances405
Active participants339
Employer contributions$1,785,941
Employee contributions$2,048,106
Employer contribution per active participant$5,268
Average account balance$102,804
Benefits paid to participants$6,219,877
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 405 accts · $1.8M emplr
2023$38.5M · 406 accts · $1.5M emplr
2022$33.3M · 360 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Investment management$200,583
Total administrative$200,583
The Lge Community Credit Union 401(k) match · 2024
Employer contribution per active participant$5,268
Median for plans this size$2,416
2024$5,268 per active participant
2023$4,362 per active participant
2022$7,300 per active participant

Lge Community 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$146,416
ERISA SERVICES OF GEORGIA, LLC · Recordkeeping · Loan processing$12,400
LPL FINANCIAL CORPORATION · Investment advisory (plan)$23,755
AMERICAN PORTFOLIO FINANCIAL SVCS · Insurance broker · Insurance servicesindirect comp
OSAIC WEALTH INC · Insurance broker · Insurance servicesindirect 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
2024ERISA SERVICES OF GEORGIA, LLC, Transamerica
2023Ascensus, ERISA SERVICES OF GEORGIA, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Lge Community Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$200,583 · 0.50%
2023$200,554 · 0.56%
2022$160,354 · 0.45%
Same employer
Similar plansFinance & Insurance · Georgia
Titlemax of Georgia, Inc. GA$43.8M · 0.32%
Paya, Inc. GA$42.3M · 0.42%
Banksouth GA$36.6M · 0.02%
Blue Trust Inc. GA$36.3M · 0.33%
Queensborough Company GA$35.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586032554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.