Plan Ledger DOL Form 5500 · updated monthly

Sacramento Credit Union401(k)

SACRAMENTO CREDIT UNION 401(K) AND PROFIT SHARING PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Sacramento Credit Union reported $37,567 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $9,641 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 0.25% to 0.22%. 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 3,876th-largest of 9,483 plans among California employers on file, and 3,222nd of 4,798 in finance & insurance. In 2024, the employer put in $1.51 for every $1.00 employees contributed themselves; active participation has shrunk from 98 to 86 since 2022.

Plan summary
Net assets, end of year$18,197,987
Participants with balances116
Active participants86
Employer contributions$829,085
Employee contributions$548,765
Employer contribution per active participant$9,641
Average account balance$156,879
Benefits paid to participants$1,439,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 116 accts · $829K emplr
2023$15.9M · 124 accts · $488K emplr
2022$13.9M · 125 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,517
Investment management$1,050
Total administrative$37,567
The Sacramento Credit Union 401(k) match · 2024
Employer contribution per active participant$9,641
Median for plans this size$2,416
2024$9,641 per active participant
2023$5,541 per active participant
2022$4,707 per active participant

Sacramento Credit Union'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 · Loan processing$36,517

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$37,567 · 0.22%
2023$37,969 · 0.25%
2022$38,859 · 0.25%
Same employer
Similar plansFinance & Insurance · California
Santa Cruz County Bank CA$18.8M · 0.22%
M.J. Hall & Company, Inc. CA$18.6M · 0.06%
S1L, Inc. CA$18.6M · 0.48%
Excite Credit Union CA$18.3M · 0.29%
Safe 1 Credit Union CA$18.1M · 0.20%
Figure Technology Solutions CA$18.0M · 0.29%
Newport Service Corporation CA$17.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941530642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.