Plan Ledger DOL Form 5500 · updated monthly

San Diego County Credit Union401(k)

SAN DIEGO COUNTY CREDIT UNION EMPLOYEES SALARY SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

San Diego County Credit Union reported $68,375 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,514 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 0.04% to 0.07%. 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 925th-largest of 9,483 plans among California employers on file, and the 930th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,432,891
Participants with balances1,442
Active participants833
Employer contributions$2,926,822
Employee contributions$5,053,176
Employer contribution per active participant$3,514
Average account balance$76,583
Benefits paid to participants$10,324,649
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.4M · 1,442 accts · $2.9M emplr
2023$97.3M · 1,577 accts · $3.0M emplr
2022$83.9M · 1,545 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,375
Total administrative$68,375
The San Diego County Credit Union 401(k) match · 2024
Employer contribution per active participant$3,514
Median for plans this size$3,635
2024$3,514 per active participant
2023$3,457 per active participant
2022$3,290 per active participant

San Diego County Credit Union's 2024 employer contribution ran below the $3,635 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,739

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left San Diego County Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,375 · 0.07%
2023$42,186 · 0.05%
2022$35,209 · 0.04%
Same employer
Similar plansFinance & Insurance · California
California Credit Union CA$123.3M · 0.05%
Newfront CA$116.5M · 0.01%
Exchange Bank CA$107.5M · 0.01%
Manufacturers Bank CA$106.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951184903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.