Plan Ledger DOL Form 5500 · updated monthly

Resource One Credit Union401(k)

RESOURCE ONE CREDIT UNION 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Resource One Credit Union reported $13,092 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,299 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 0.08% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,486th-largest of 5,688 plans among Texas employers on file, and 3,546th of 4,798 in finance & insurance. In 2023, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,448,758
Participants with balances235
Active participants190
Employer contributions$626,742
Employee contributions$1,038,051
Employer contribution per active participant$3,299
Average account balance$61,484
Benefits paid to participants$992,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 208 accts
2023$14.4M · 235 accts · $627K emplr
2022$12.1M · 259 accts · $599K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,092
Total administrative$13,092
The Resource One Credit Union 401(k) match · 2023
Employer contribution per active participant$3,299
Median for plans this size$2,440
2023$3,299 per active participant
2022$2,865 per active participant

Resource One Credit Union's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$95,566

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$80,658 · 0.57%
2023$13,092 · 0.10%
2022$10,027 · 0.08%
Same employer
Similar plansFinance & Insurance · Texas
First Community Bank TX$14.6M · 0.01%
Southwest Bank TX$14.5M · 0.20%
Insurance Zebra, Inc. TX$14.2M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750821285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.