Michigan State University Federal Credit Union401(k)

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

Michigan State University Federal Credit Union reported $279,074 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $6,643 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 0.16% to 0.17%. 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 164th-largest of 2,619 plans among Michigan employers on file, and the 640th of 4,798 in finance & insurance. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has grown from 1,184 to 1,444 since 2022.