Plan Ledger DOL Form 5500 · updated monthly

Telhio Credit Union. Inc.401(k)

TELHIO CREDIT UNION, INC. RETIREMENT SAVINGS PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Telhio Credit Union. Inc. reported $19,603 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,231 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 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,335th-largest of 3,295 plans among Ohio employers on file, and 3,093rd of 4,798 in finance & insurance. In 2023, employees put in $1.38 for every $1.00 the employer contributed; active participation has shrunk from 254 to 200 since 2022.

Plan summary
Net assets, end of year$19,701,579
Participants with balances259
Active participants200
Employer contributions$846,217
Employee contributions$1,170,517
Employer contribution per active participant$4,231
Average account balance$76,068
Benefits paid to participants$1,675,465
Plan auditUnmodified (clean) audit opinion
AuditorHAMMERMAN, GRAF, HUGHES & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 295 accts · $912K emplr
2023$19.7M · 259 accts · $846K emplr
2022$16.7M · 257 accts · $881K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,603
Total administrative$19,603
The Telhio Credit Union. Inc. 401(k) match · 2023
Employer contribution per active participant$4,231
Median for plans this size$2,440
2024$3,306 per active participant
2023$4,231 per active participant
2022$3,467 per active participant

Telhio Credit Union. Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
HAMMERMAN, GRAF, HUGHES$5,995
UBS FINANCIAL SERVICES, INC.indirect comp
TRINITY PENSION CONSULTANTS · Other servicesindirect comp

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$15,575 · 0.08%
2023$19,603 · 0.11%
2022$16,753 · 0.09%
Same employer
Similar plansFinance & Insurance · Ohio
Specialized Alternatives OH$21.0M · 0.51%
Rental Concepts, Inc. OH$20.2M · 0.28%
Bmi Federal Credit Union OH$20.0M · 0.05%
Directions Credit Union OH$18.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314154280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.