Plan Ledger DOL Form 5500 · updated monthly

Onpath Federal Credit Union401(k)

ONPATH FEDERAL CREDIT UNION · MATAIRIE, LA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Onpath Federal Credit Union reported $34,082 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,237 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.

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 362nd-largest of 884 plans among Louisiana employers on file, and 3,682nd of 4,798 in finance & insurance. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,038,156
Participants with balances212
Active participants253
Employer contributions$566,022
Employee contributions$552,770
Employer contribution per active participant$2,237
Average account balance$61,501
Benefits paid to participants$618,525
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,514
Investment management$15,568
Total administrative$34,082
The Onpath Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$2,237
Median for plans this size$2,416

Onpath Federal Credit Union's 2024 employer contribution ran below 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,514
TRUWEALTH ADVISORS LLC · Investment advisory (plan)$15,382

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Onpath Federal Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history1
2024$34,082 · 0.28%
All plans at this employer2
ONPATH FEDERAL CREDIT UNION401(k)
ONPATH FEDERAL CREDIT UNION PROFIT SHARING 401(K) PLAN401(k)
Same employer
Similar plansFinance & Insurance · Louisiana
First Guaranty Bank, Inc. LA$16.2M · 0.17%
Cse Federal Credit Union LA$14.2M · 0.36%
Bom Bank LA$13.6M · 0.02%
Mansura Bancshares, Inc. LA$12.7M · 0.01%
Resource Bank LA$12.2M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 720838126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.