Plan Ledger DOL Form 5500 · updated monthly

Los Angeles Police Federal Credit Union401(k)

LOS ANGELES POLICE FEDERAL CREDIT UNION EMPLOYEE RETIREMENT PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Los Angeles Police Federal Credit Union reported $100,213 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $20,282 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 0.17% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,612th-largest of 9,483 plans among California employers on file, and the 1,535th of 4,798 in finance & insurance. In 2024, the employer put in $2.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$56,097,457
Participants with balances202
Active participants164
Employer contributions$3,326,188
Employee contributions$1,157,491
Employer contribution per active participant$20,282
Average account balance$277,710
Benefits paid to participants$4,326,249
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.1M · 202 accts · $3.3M emplr
2023$49.7M · 202 accts · $2.7M emplr
2022$43.8M · 191 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,213
Investment management$75,000
Total administrative$100,213
The Los Angeles Police Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$20,282
Median for plans this size$3,635
2024$20,282 per active participant
2023$16,957 per active participant
2022$16,353 per active participant

Los Angeles Police Federal Credit Union's 2024 employer contribution ran above the $3,635 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$75,000

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$100,213 · 0.19%
2023$82,462 · 0.18%
2022$84,586 · 0.17%
Same employer
Similar plansFinance & Insurance · California
Trico Bancshares CA$59.2M · 0.00%
Squaretrade, Inc. CA$59.2M · 0.09%
Preferred Bank CA$58.8M · 0.01%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 951683316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.