Plan Ledger DOL Form 5500 · updated monthly

Red River Employees Federal Credit Union401(k)

RED RIVER EMPLOYEES FEDERAL CREDIT UNION 401(K) PLAN · TEXARKANA, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Red River Employees Federal Credit Union reported $38,156 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,118 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 0.07% to 0.15%. 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 1,687th-largest of 5,688 plans among Texas employers on file, and 2,618th of 4,798 in finance & insurance. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$26,376,694
Participants with balances339
Active participants322
Employer contributions$1,326,053
Employee contributions$1,240,699
Employer contribution per active participant$4,118
Average account balance$77,807
Benefits paid to participants$4,258,730
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 339 accts · $1.3M emplr
2023$25.5M · 345 accts · $1.3M emplr
2022$22.5M · 332 accts · $986K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,204
Investment management$16,952
Total administrative$38,156
The Red River Employees Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$4,118
Median for plans this size$2,416
2024$4,118 per active participant
2023$4,078 per active participant
2022$3,232 per active participant

Red River Employees Federal Credit Union's 2024 employer contribution ran above 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 · 20245
ASCENSUS LLC · Loan processing · Recordkeeping$20,265
RAYMOND JAMES · Investment advisory (plan)$10,344
LPL FINANCIAL · Investment advisory (plan)$6,248
EMPOWER ADVISORY GROUP, LLC · Investment management$360

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$38,156 · 0.15%
2023$16,811 · 0.07%
2022$17,500 · 0.07%
Same employer
Similar plansFinance & Insurance · Texas
Hometrust Mortgage Company TX$26.6M · 0.02%
Weststar Bank TX$26.5M · 0.18%
Newpoint Holdings Jv LLC TX$26.3M · 0.12%
Alliance Bancshares, Inc TX$26.1M · 0.35%
Peoples Bank TX$25.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750813510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.