Plan Ledger DOL Form 5500 · updated monthly

Oucu Financial Credit Union Inc.401(k)

OUCU FINANCIAL CREDIT UNION 401K PLAN · ATHENS, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Oucu Financial Credit Union Inc. reported $426 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,389 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 0.004% to 0.002%. 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 1,334th-largest of 3,295 plans among Ohio employers on file, and 3,082nd of 4,798 in finance & insurance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,781,837
Participants with balances124
Active participants100
Employer contributions$838,928
Employee contributions$601,376
Employer contribution per active participant$8,389
Average account balance$159,531
Benefits paid to participants$3,328,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 124 accts · $839K emplr
2023$19.0M · 130 accts · $786K emplr
2022$16.2M · 125 accts · $648K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$426
Total administrative$426
The Oucu Financial Credit Union Inc. 401(k) match · 2024
Employer contribution per active participant$8,389
Median for plans this size$2,416
2024$8,389 per active participant
2023$8,023 per active participant
2022$6,546 per active participant

Oucu Financial Credit Union Inc.'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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Loan processing · Participant communication$1,176

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$426 · 0.00%
2023$426 · 0.00%
2022$628 · 0.00%
Same employer
Similar plansFinance & Insurance · Ohio
Community Bancshares, Inc. OH$22.0M · 0.24%
Specialized Alternatives OH$21.0M · 0.51%
Rental Concepts, Inc. OH$20.2M · 0.28%
Bmi Federal Credit Union OH$20.0M · 0.05%
Telhio Credit Union. Inc. OH$19.7M · 0.11%
Directions Credit Union OH$18.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 316040060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.