Plan Ledger DOL Form 5500 · updated monthly

Sikorsky Financial Credit Union401(k)

SIKORSKY FINANCIAL CREDIT UNION 401(K) SAVINGS PLAN · STRATFORD, CT · plan year 2025

Reported admin expense ratio · 2025
0.35%

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

Sikorsky Financial Credit Union reported $90,247 in plan administrative expenses for 2025: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,559 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 fell from 0.45% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 465th-largest of 1,106 plans among Connecticut employers on file, and 2,570th of 4,798 in finance & insurance. In 2025, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 121 to 136 since 2022.

Plan summary
Net assets, end of year$27,145,561
Participants with balances162
Active participants136
Employer contributions$348,084
Employee contributions$991,928
Employer contribution per active participant$2,559
Average account balance$167,565
Benefits paid to participants$2,381,454
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$27.1M · 162 accts · $348K emplr
2024$24.6M · 163 accts · $328K emplr
2023$23.2M · 158 accts · $300K emplr
2022$20.8M · 164 accts · $275K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$24,101
Investment management$66,146
Total administrative$90,247
The Sikorsky Financial Credit Union 401(k) match · 2025
Employer contribution per active participant$2,559
Median for plans this size$2,666
2025$2,559 per active participant
2024$2,376 per active participant
2023$2,499 per active participant
2022$2,274 per active participant

Sikorsky Financial Credit Union's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
BEIRNE WEALTH CONSULTING SERVICES · Investment advisory (plan)$62,793
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,101

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

Administrative cost history4
2025$90,247 · 0.35%
2024$86,058 · 0.36%
2023$92,567 · 0.42%
2022$103,323 · 0.45%
Same employer
Similar plansFinance & Insurance · Connecticut
Torrington Savings Bank CT$28.5M · 0.45%
Salisbury Bank & Trust Co. CT$28.2M · 0.29%
Dime Bank CT$26.4M · 0.03%
Savings Bank of Danbury CT$25.8M · 0.07%
Thomaston Savings Bank CT$25.7M · 0.28%
Marino Management, LLC CT$25.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060634736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.