Plan Ledger DOL Form 5500 · updated monthly

Marine Credit Union401(k)

MARINE CREDIT UNION 401(K) PLAN AND TRUST · LA CROSSE, WI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Marine Credit Union reported $177,907 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,085 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 0.34% to 0.51%. 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 521st-largest of 1,936 plans among Wisconsin employers on file, and the 2,072nd of 4,798 in finance & insurance. In 2024, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,348,806
Participants with balances550
Active participants418
Employer contributions$871,557
Employee contributions$2,435,571
Employer contribution per active participant$2,085
Average account balance$67,907
Benefits paid to participants$3,370,281
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 550 accts · $872K emplr
2023$32.4M · 653 accts · $1.0M emplr
2022$25.9M · 633 accts · $982K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,736
Investment management$76,143
Audit (IQPA)$14,741
Total administrative$177,907
The Marine Credit Union 401(k) match · 2024
Employer contribution per active participant$2,085
Median for plans this size$2,416
2024$2,085 per active participant
2023$2,442 per active participant
2022$2,267 per active participant

Marine Credit Union's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
GROVE POINT INVESTMENTS LLC · Investment advisory (plan)$67,834
ROLAND CRISS & WILLIAMS INC DBA ROL$16,287
CLIFTONLARSONALLEN LLP · Accounting / audit$14,741
EMPOWER ADVISORY GROUP · Investment management$8,310

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$177,907 · 0.51%
2023$104,456 · 0.36%
2022$92,921 · 0.34%
Same employer
Similar plansFinance & Insurance · Wisconsin
Woodtrust Bank WI$44.2M · 0.04%
Tricor, LLC WI$42.6M · 0.01%
Bank Five Nine WI$36.0M · 0.44%
Bankers Bank WI$35.4M · 0.13%
Hausmann Group, Inc. WI$35.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390827305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.