Plan Ledger DOL Form 5500 · updated monthly

Utilities Employees Credit Union401(k)

UTILITIES EMPLOYEES CREDIT UNION 401(K) PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Utilities Employees Credit Union reported $16,818 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,947 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 0.09% to 0.08%. 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 1,409th-largest of 3,651 plans among Pennsylvania employers on file, and 2,806th of 4,798 in finance & insurance. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,232,298
Participants with balances133
Active participants100
Employer contributions$694,651
Employee contributions$688,383
Employer contribution per active participant$6,947
Average account balance$174,679
Benefits paid to participants$426,158
Plan auditUnmodified (clean) audit opinion
AuditorRKL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 133 accts · $695K emplr
2023$19.0M · 135 accts · $643K emplr
2022$16.4M · 137 accts · $625K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,818
Total administrative$16,818
The Utilities Employees Credit Union 401(k) match · 2024
Employer contribution per active participant$6,947
Median for plans this size$2,416
2024$6,947 per active participant
2023$6,698 per active participant
2022$6,724 per active participant

Utilities Employees 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$16,818

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$16,818 · 0.08%
2023$15,267 · 0.09%
2022$15,216 · 0.09%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Harleysville Bank PA$24.9M · 0.11%
Kish Bank PA$23.8M · 0.18%
Trc Payroll, I, LLC PA$23.4M · 0.27%
Essa Bank & Trust PA$23.1M · 0.34%
Llr Management, LP PA$23.1M · 0.37%
The Dime Bank PA$23.0M · 0.33%
Penns Woods Bancorp, Inc. PA$22.2M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231278971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.