Plan Ledger DOL Form 5500 · updated monthly

Ventura County Credit Union401(k)

VENTURA COUNTY CREDIT UNION 401(K) PROFIT SHARING PLAN · VENTURA, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Ventura County Credit Union reported $90,013 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $4,732 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 0.46%. 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 3,382nd-largest of 9,483 plans among California employers on file, and 2,895th of 4,798 in finance & insurance. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,139,624
Participants with balances331
Active participants178
Employer contributions$842,288
Employee contributions$1,047,253
Employer contribution per active participant$4,732
Average account balance$66,887
Benefits paid to participants$788,752
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 331 accts · $842K emplr
2023$17.2M · 307 accts · $796K emplr
2022$14.5M · 309 accts · $749K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,561
Investment management$58,452
Total administrative$90,013
The Ventura County Credit Union 401(k) match · 2024
Employer contribution per active participant$4,732
Median for plans this size$2,416
2024$4,732 per active participant
2023$4,472 per active participant
2022$4,184 per active participant

Ventura County 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
ASCENSUS LLC · Recordkeeping · Loan processing$31,561
INTEGRITY WEALTH ADVISORS INC · Investment advisory (plan)$58,452

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$90,013 · 0.46%
2023$71,659 · 0.45%
2022$75,405 · 0.47%
Same employer
Similar plansFinance & Insurance · California
California Bank of Commerce CA$22.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951790568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.