Plan Ledger DOL Form 5500 · updated monthly

Three Rivers Federal Credit Union401(k)

3RIVERS RETIREMENT PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Three Rivers Federal Credit Union reported $20,078 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,625 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 0.04% to 0.05%. 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 305th-largest of 1,562 plans among Indiana employers on file, and the 1,763rd of 4,798 in finance & insurance. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,646,153
Participants with balances668
Active participants479
Employer contributions$1,257,222
Employee contributions$2,555,346
Employer contribution per active participant$2,625
Average account balance$69,830
Benefits paid to participants$5,116,790
Plan auditUnmodified (clean) audit opinion
AuditorHAINES, ISENBARGER & SKIBA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 668 accts · $1.3M emplr
2023$41.3M · 66 accts · $1.3M emplr
2022$32.9M · 594 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,078
Total administrative$20,078
The Three Rivers Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$2,625
Median for plans this size$2,416
2024$2,625 per active participant
2022$2,581 per active participant

Three Rivers Federal Credit Union's 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$124,630

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Three Rivers Federal Credit Union before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$20,078 · 0.05%
2023$12,577 · 0.03%
2022$13,237 · 0.04%
Same employer
Similar plansFinance & Insurance · Indiana
Pedcor Management Corp. IN$49.8M · 0.33%
Gregory & Appel Inc. IN$49.7M · 0.00%
First Savings Bank IN$46.0M · 0.39%
Merchants Bancorp IN$45.8M · 0.42%
Purdue Federal Credit Union IN$43.3M · 0.20%
Mj Insurance Inc. IN$41.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350885395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.