Plan Ledger DOL Form 5500 · updated monthly

Reliable Credit Association, Inc.401(k)

RELIABLE CREDIT ASSOCIATION, INC. PROFIT SHARING TRUST · MILWAUKIE, OR · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Reliable Credit Association, Inc. reported $76,965 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $10,107 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 3 years on file its reported administrative ratio has held roughly steady near 0.240%. 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 253rd-largest of 1,021 plans among Oregon employers on file, and the 2,208th of 4,798 in finance & insurance. In 2024, the employer put in $2.64 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$34,340,098
Participants with balances125
Active participants131
Employer contributions$1,324,039
Employee contributions$502,376
Employer contribution per active participant$10,107
Average account balance$274,721
Benefits paid to participants$959,222
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 125 accts · $1.3M emplr
2023$29.8M · 131 accts · $1.4M emplr
2022$25.0M · 124 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,965
Total administrative$76,965
The Reliable Credit Association, Inc. 401(k) match · 2024
Employer contribution per active participant$10,107
Median for plans this size$2,416
2024$10,107 per active participant
2023$10,654 per active participant
2022$9,693 per active participant

Reliable Credit Association, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$83,441

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$76,965 · 0.24%
2023$68,594 · 0.25%
2022$65,200 · 0.24%
Same employer
Similar plansFinance & Insurance · Oregon
The Partners Group, LTD OR$37.0M · 0.02%
Advantis Credit Union OR$30.9M · 0.22%
Bank of Eastern Oregon OR$28.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930472382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.