Plan Ledger DOL Form 5500 · updated monthly

Spokane Teachers Credit Union401(k)

SPOKANE TEACHERS CREDIT UNION 401(K) RETIREMENT SAVINGS PLAN · LIBERTY LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Spokane Teachers Credit Union reported $159,602 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $6,563 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 0.15% to 0.14%. 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 144th-largest of 1,714 plans among Washington employers on file, and the 832nd of 4,798 in finance & insurance. In 2024, the employer put in $1.16 for every $1.00 employees contributed themselves; active participation has grown from 850 to 944 since 2022.

Plan summary
Net assets, end of year$126,090,198
Participants with balances1,107
Active participants944
Employer contributions$6,195,577
Employee contributions$5,334,552
Employer contribution per active participant$6,563
Average account balance$113,903
Benefits paid to participants$6,327,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$126.1M · 1,107 accts · $6.2M emplr
2023$104.3M · 1,109 accts · $5.4M emplr
2022$82.0M · 1,068 accts · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,750
Investment management$59,852
Total administrative$159,602
The Spokane Teachers Credit Union 401(k) match · 2024
Employer contribution per active participant$6,563
Median for plans this size$3,635
2024$6,563 per active participant
2023$5,965 per active participant
2022$5,476 per active participant

Spokane Teachers Credit Union's 2024 employer contribution ran above 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$99,750
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$59,787

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$159,602 · 0.14%
2023$149,184 · 0.16%
2022$137,074 · 0.15%
Same employer
Similar plansFinance & Insurance · Washington
Washington Federal Bank WA$225.2M · 0.18%
Washington Trust Bank WA$208.8M · 0.01%
Homestreet, Inc. WA$178.8M · 0.11%
Delta Dental of Washington WA$100.2M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910565128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.