Teg Federal Credit Union401(k)

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

Teg Federal Credit Union reported $45,106 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,217 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 0.85% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (4,195th of 5,648), and 4,339th of 4,798 in finance & insurance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 115 to 197 since 2022.