Plan Ledger DOL Form 5500 · updated monthly

Numark Credit Union401(k)

NUMARK CREDIT UNION 401(K) PLAN AND TRUST · JOLIET, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Numark Credit Union reported $58,961 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $7,341 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 0.30% to 0.32%. 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 1,705th-largest of 3,702 plans among Illinois employers on file, and 3,098th of 4,798 in finance & insurance. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves; active participation has grown from 126 to 158 since 2022.

Plan summary
Net assets, end of year$19,682,241
Participants with balances206
Active participants158
Employer contributions$1,159,921
Employee contributions$814,784
Employer contribution per active participant$7,341
Average account balance$95,545
Benefits paid to participants$946,646
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 206 accts · $1.2M emplr
2023$16.7M · 197 accts · $1.0M emplr
2022$14.8M · 165 accts · $809K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,611
Investment management$14,350
Total administrative$58,961
The Numark Credit Union 401(k) match · 2024
Employer contribution per active participant$7,341
Median for plans this size$2,416
2024$7,341 per active participant
2023$6,764 per active participant
2022$6,419 per active participant

Numark 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 · 20242
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$44,611
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$14,350

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

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

Administrative cost history3
2024$58,961 · 0.32%
2023$48,589 · 0.31%
2022$48,208 · 0.30%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 366006909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.