Plan Ledger DOL Form 5500 · updated monthly

University Credit Union401(k)

UNIVERSITY CREDIT UNION 401(K) PLAN AND TRUST · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

University Credit Union reported $5,175 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,795 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 0.04% to 0.03%. 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 4,177th-largest of 9,483 plans among California employers on file, and 3,379th of 4,798 in finance & insurance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,247,363
Participants with balances201
Active participants134
Employer contributions$1,044,516
Employee contributions$744,949
Employer contribution per active participant$7,795
Average account balance$80,833
Benefits paid to participants$1,803,376
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG AND CONRAD
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 201 accts · $1.0M emplr
2023$14.4M · 206 accts · $1.1M emplr
2022$11.4M · 181 accts · $880K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,175
Total administrative$5,175
The University Credit Union 401(k) match · 2024
Employer contribution per active participant$7,795
Median for plans this size$2,416
2024$7,795 per active participant
2023$7,783 per active participant
2022$7,209 per active participant

University 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 · 20241
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$5,175

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

Recordkeeper by year2
2024TruStage (CUNA Mutual)
2023TruStage (CUNA Mutual)

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

Administrative cost history3
2024$5,175 · 0.03%
2023$3,625 · 0.03%
2022$4,900 · 0.04%
Same employer
Similar plansFinance & Insurance · California
Align Financial Holdings CA$16.4M · 0.36%
Paynearme, Inc. CA$16.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951715669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.