Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania State Employees Credit Union401(k)

PENNSYLVANIA STATE EMPLOYEES CREDIT UNION 401(K) RETIREMENT PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pennsylvania State Employees Credit Union reported $37,721 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,625 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 0.01% to 0.02%. 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 297th-largest of 3,651 plans among Pennsylvania employers on file, and the 606th of 4,798 in finance & insurance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$187,117,986
Participants with balances1,022
Active participants841
Employer contributions$7,253,411
Employee contributions$5,529,494
Employer contribution per active participant$8,625
Average account balance$183,090
Benefits paid to participants$12,662,398
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY& ASBURY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$187.1M · 1,022 accts · $7.3M emplr
2023$159.5M · 1,057 accts · $6.7M emplr
2022$131.3M · 1,003 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,060
Investment management$23,661
Total administrative$37,721
The Pennsylvania State Employees Credit Union 401(k) match · 2024
Employer contribution per active participant$8,625
Median for plans this size$3,635
2024$8,625 per active participant
2023$8,020 per active participant
2022$2,287 per active participant

Pennsylvania State Employees Credit Union's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$37,571
CHARLES SCHWAB & CO., INC. · Securities brokerage$524

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$37,721 · 0.02%
2023$25,889 · 0.02%
2022$6,859 · 0.01%
All plans at this employer4
PENNSYLVANIA STATE EMPLOYEES CREDIT UNION 401(K) RETIREMENT PLAN401(k)
PENNSYLVANIA STATE EMPLOYEES CREDIT UNION BARGAINING UNIT 401(K) RETIREMENT PLAN401(k)
PENNSYLVANIA STATE EMPLOYEES CREDIT UNION MANAGEMENT MONEY PURCHASE PLANMoney purchase plan
PENNSYLVANIA STATE EMPLOYEES CREDIT UNION BARGAINING UNIT MONEY PURCHASE PLANMoney purchase plan
Same employer
Similar plansFinance & Insurance · Pennsylvania
Geisinger Health Plan PA$196.7M · 0.03%
Pfm Financial Advisors LLC PA$176.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230961140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.