Plan Ledger DOL Form 5500 · updated monthly

University of Virginia Community Credit Union, Inc.401(k)

UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION, INC. 401(K) PLAN AND TRUST · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

University of Virginia Community Credit Union, Inc. reported $142,370 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $7,353 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 0.45% to 0.39%. 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 595th-largest of 2,266 plans among Virginia employers on file, and the 1,991st of 4,798 in finance & insurance. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$39,307,479
Participants with balances325
Active participants245
Employer contributions$1,801,407
Employee contributions$1,417,264
Employer contribution per active participant$7,353
Average account balance$120,946
Benefits paid to participants$3,194,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 325 accts · $1.8M emplr
2023$34.2M · 335 accts · $1.8M emplr
2022$28.9M · 326 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,262
Investment management$35,108
Total administrative$142,370
The University of Virginia Community Credit Union, Inc. 401(k) match · 2024
Employer contribution per active participant$7,353
Median for plans this size$2,416
2024$7,353 per active participant
2023$6,929 per active participant
2022$6,243 per active participant

University of Virginia Community Credit Union, Inc.'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
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$107,262
MEMBERS CAPITAL ADVISORS, INC. · Investment advisory (plan)$35,108

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$142,370 · 0.39%
2023$120,498 · 0.38%
2022$137,685 · 0.45%
Same employer
Similar plansFinance & Insurance · Virginia
Bankers Insurance, LLC VA$39.8M · 0.60%
First National Corporation VA$36.3M · 0.59%
Bank of Clarke VA$33.4M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540674170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.