Plan Ledger DOL Form 5500 · updated monthly

United States Senate Federal Credit Union401(k)

UNITED STATES SENATE FEDERAL CREDIT UNION 401(K) PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

United States Senate Federal Credit Union reported $53,505 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,705 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 0.27% to 0.24%. 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 898th-largest of 2,266 plans among Virginia employers on file, and 2,811th of 4,798 in finance & insurance. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 132 to 150 since 2022.

Plan summary
Net assets, end of year$23,175,398
Participants with balances188
Active participants150
Employer contributions$1,005,719
Employee contributions$1,120,151
Employer contribution per active participant$6,705
Average account balance$123,273
Benefits paid to participants$2,934,688
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP, CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 188 accts · $1.0M emplr
2023$20.6M · 174 accts · $929K emplr
2022$16.5M · 158 accts · $791K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,737
Investment management$50,768
Total administrative$53,505
The United States Senate Federal Credit Union 401(k) match · 2024
Employer contribution per active participant$6,705
Median for plans this size$2,416
2024$6,705 per active participant
2023$6,883 per active participant
2022$5,991 per active participant

United States Senate 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 · 20242
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,768
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,737

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$53,505 · 0.24%
2023$47,110 · 0.25%
2022$49,375 · 0.27%
Same employer
Similar plansFinance & Insurance · Virginia
Benchmark Community Bank VA$26.8M · 0.01%
Nodal Exchange, LLC VA$25.9M · 0.00%
C&F Mortgage Corporation VA$23.7M · 0.65%
Ejf Capital LLC VA$22.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530197042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.