Plan Ledger DOL Form 5500 · updated monthly

Vantage West Credit Union401(k)

VANTAGE WEST CREDIT UNION 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Vantage West Credit Union reported $127,588 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,027 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 3 years on file its reported administrative ratio has held roughly steady near 0.233%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 170th-largest of 1,285 plans among Arizona employers on file, and the 1,529th of 4,798 in finance & insurance. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,642,548
Participants with balances600
Active participants465
Employer contributions$1,872,393
Employee contributions$3,227,046
Employer contribution per active participant$4,027
Average account balance$94,404
Benefits paid to participants$9,449,301
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.6M · 600 accts · $1.9M emplr
2023$53.0M · 622 accts · $2.3M emplr
2022$45.1M · 634 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,938
Investment management$81,650
Total administrative$127,588
The Vantage West Credit Union 401(k) match · 2024
Employer contribution per active participant$4,027
Median for plans this size$3,635
2024$4,027 per active participant
2023$4,670 per active participant
2022$4,523 per active participant

Vantage West Credit Union's 2024 employer contribution ran above the $3,635 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping · Consulting$45,938
INTELLIGENCE DRIVEN ADVISORS · Investment advisory (participants) · Investment advisory (plan)$61,007
NEWEDGE ADVISERS · Investment advisory (participants) · Investment advisory (plan)$20,644

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$127,588 · 0.23%
2023$122,860 · 0.25%
2022$113,030 · 0.23%
Same employer
Similar plansFinance & Insurance · Arizona
Gi Manager L.P. AZ$63.9M · 0.03%
Oneaz Credit Union AZ$52.0M · 0.21%
Fiduciary Wise, LLC AZ$40.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860120482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.