Plan Ledger DOL Form 5500 · updated monthly

Nuvision Federal Credit Union401(k)

NUVISION FEDERAL CREDIT UNION SAVINGS PLAN · HUNTINGTON BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Nuvision Federal Credit Union reported $113,351 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,451 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 0.15% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 1,334th-largest of 9,483 plans among California employers on file, and the 297th of 3,341 in other services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,426,314
Participants with balances792
Active participants541
Employer contributions$1,867,117
Employee contributions$3,309,233
Employer contribution per active participant$3,451
Average account balance$87,659
Benefits paid to participants$8,004,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.4M · 792 accts · $1.9M emplr
2023$62.1M · 732 accts · $1.7M emplr
2022$54.7M · 732 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,976
Investment management$26,375
Total administrative$113,351
The Nuvision Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$3,451
Median for plans this size$3,635
2024$3,451 per active participant
2023$3,500 per active participant
2022$4,165 per active participant

Nuvision Federal Credit Union's 2024 employer contribution ran below the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$86,976
WRIGHT FORD YOUNG & CO · Consulting$14,750
MULTNOMAH GROUP, INC. · Consulting · Insurance services$11,625
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$113,351 · 0.17%
2023$88,609 · 0.15%
2022$91,820 · 0.15%
Same employer
Similar plansOther Services · California
Golden Gate Regional Center CA$73.6M · 0.33%
Mission Linen Supply CA$72.8M · 0.28%
Sierra Club CA$67.3M
The California Endowment CA$63.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.