Plan Ledger DOL Form 5500 · updated monthly

Texell Credit Union401(k)

TEXELL CREDIT UNION 401K PLAN · TEMPLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Texell Credit Union reported $53,504 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $2,098 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 has held roughly steady near 0.73%. 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 Texas (3,375th of 5,688), and 4,168th of 4,798 in finance & insurance. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 187 to 215 since 2022.

Plan summary
Net assets, end of year$8,069,242
Participants with balances214
Active participants215
Employer contributions$451,058
Employee contributions$623,648
Employer contribution per active participant$2,098
Average account balance$37,707
Benefits paid to participants$366,172
Plan auditUnmodified (clean) audit opinion
AuditorPSK, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 214 accts · $451K emplr
2023$6.5M · 225 accts · $383K emplr
2022$5.2M · 191 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,606
Investment management$9,898
Total administrative$53,504
The Texell Credit Union 401(k) match · 2024
Employer contribution per active participant$2,098
Median for plans this size$1,313
2024$2,098 per active participant
2023$1,792 per active participant
2022$1,678 per active participant

Texell Credit Union's 2024 employer contribution ran above the $1,313 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$43,641
INWEST RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$5,974
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$9,898

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

Recordkeeper by year2
2024INWEST RETIREMENT SOLUTIONS, Transamerica
2023INWEST RETIREMENT SOLUTIONS, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,504 · 0.73%
2023$36,940 · 0.63%
2022$42,300 · 0.77%
Same employer
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Wellington State Bank TX$8.3M · 0.44%
Texas National Bank TX$7.9M · 0.77%
Sure, Inc. TX$7.7M · 0.10%
First Community Bank TX$7.7M · 0.33%
Sente Mortgage TX$7.6M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741109882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.