Plan Ledger DOL Form 5500 · updated monthly

Notre Dame Federal Credit Union401(k)

NOTRE DAME FEDERAL CREDIT UNION 401(K) SAVINGS PROGRAM · NOTRE DAME, IN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Notre Dame Federal Credit Union reported $12,465 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,878 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 fell from 0.11% to 0.08%. 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 709th-largest of 1,562 plans among Indiana employers on file, and 3,469th of 4,798 in finance & insurance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,394,699
Participants with balances244
Active participants203
Employer contributions$787,229
Employee contributions$1,083,106
Employer contribution per active participant$3,878
Average account balance$63,093
Benefits paid to participants$2,479,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 244 accts · $787K emplr
2023$14.0M · 256 accts · $841K emplr
2022$12.1M · 263 accts · $810K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,465
Total administrative$12,465
The Notre Dame Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$3,878
Median for plans this size$2,416
2024$3,878 per active participant
2023$3,878 per active participant
2022$3,650 per active participant

Notre Dame Federal Credit Union's 2024 employer contribution ran above 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 · 20242
JULY BUSINESS SERVICES LLC · Recordkeeping$12,465
LPL FINANCIAL LLC · Investment advisory (participants)indirect 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
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$12,465 · 0.08%
2023$1,500 · 0.01%
2022$12,883 · 0.11%
Same employer
Similar plansFinance & Insurance · Indiana
Town Financial Corporation IN$15.9M · 0.19%
Inova Federal Credit Union IN$15.8M · 0.01%
Hoosier Hills Credit Union IN$15.4M · 0.31%
The Hometown Savings Bank IN$14.5M · 0.11%
Jackson County Bank IN$13.4M · 0.24%
Seven Corners, Inc. IN$13.3M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 350868189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.