Plan Ledger DOL Form 5500 · updated monthly

The First Financial Federal Credit Union401(k)

THE FIRST FINANCIAL FEDERAL CREDIT UNION 401K · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

The First Financial Federal Credit Union reported $86,839 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $4,803 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 rose from 0.29% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,837th-largest of 9,483 plans among California employers on file, and 2,527th of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,978,680
Participants with balances162
Active participants126
Employer contributions$605,153
Employee contributions$926,645
Employer contribution per active participant$4,803
Average account balance$172,708
Benefits paid to participants$3,064,515
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT FORD YOUNG AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 162 accts · $605K emplr
2023$25.2M · 176 accts · $602K emplr
2022$20.0M · 209 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,056
Investment management$3,410
Audit (IQPA)$21,000
Total administrative$86,839
The The First Financial Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$4,803
Median for plans this size$2,416
2024$4,803 per active participant
2023$4,935 per active participant
2022$3,862 per active participant

The First Financial Federal Credit Union's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP · Investment advisory (plan)$45,443
CROWE HORWATH LLP · Accounting / audit$21,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,263

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$86,839 · 0.33%
2023$67,679 · 0.30%
2022$61,849 · 0.29%
Same employer
Similar plansFinance & Insurance · California
Frontwave Credit Union CA$28.4M · 0.08%
Alameda Alliance for Health CA$28.0M · 0.13%
Adelfi Credit Union CA$28.0M · 0.11%
American Assets Trust, LP CA$27.2M · 0.40%
River City Bank CA$26.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952653867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.