Plan Ledger DOL Form 5500 · updated monthly

Oneaz Credit Union401(k)

ONEAZ CREDIT UNION 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Oneaz Credit Union reported $105,198 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,738 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 0.18% to 0.21%. 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 181st-largest of 1,285 plans among Arizona employers on file, and the 1,613th of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,016,001
Participants with balances659
Active participants510
Employer contributions$2,416,249
Employee contributions$3,699,341
Employer contribution per active participant$4,738
Average account balance$78,932
Benefits paid to participants$8,760,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.0M · 659 accts · $2.4M emplr
2023$48.6M · 686 accts · $2.3M emplr
2022$38.4M · 692 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,198
Total administrative$105,198
The Oneaz Credit Union 401(k) match · 2024
Employer contribution per active participant$4,738
Median for plans this size$3,635
2024$4,738 per active participant
2023$4,366 per active participant
2022$3,176 per active participant

Oneaz Credit Union's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,198
MORNINGSTAR INVESTMENT MANAGEMENT L · 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.

Administrative cost history3
2024$105,198 · 0.21%
2023$87,157 · 0.20%
2022$76,657 · 0.18%
Same employer
Similar plansFinance & Insurance · Arizona
Gi Manager L.P. AZ$63.9M · 0.03%
Vantage West Credit Union AZ$56.6M · 0.23%
Fiduciary Wise, LLC AZ$40.8M · 0.49%
Truwest Credit Union AZ$39.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860108770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.