Plan Ledger DOL Form 5500 · updated monthly

Vizo Financial Corporate Credit Union401(k)

VIZO FINANCIAL CORPORATE CREDIT UNION 401(K) PLAN · MIDDLETOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Vizo Financial Corporate Credit Union reported $19,573 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,612 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 0.052%. 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 954th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,949th of 4,798 in finance & insurance. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,204,840
Participants with balances174
Active participants151
Employer contributions$1,300,390
Employee contributions$1,570,325
Employer contribution per active participant$8,612
Average account balance$231,062
Benefits paid to participants$2,598,302
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 174 accts · $1.3M emplr
2023$34.8M · 176 accts · $1.2M emplr
2022$29.5M · 175 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,573
Total administrative$19,573
The Vizo Financial Corporate Credit Union 401(k) match · 2024
Employer contribution per active participant$8,612
Median for plans this size$2,416
2024$8,612 per active participant
2023$7,884 per active participant
2022$6,861 per active participant

Vizo Financial Corporate 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,573

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

Administrative cost history3
2024$19,573 · 0.05%
2023$16,090 · 0.05%
2022$16,274 · 0.05%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Somerset Trust Company PA$42.1M · 0.18%
Henderson Brothers, Inc. PA$40.2M · 0.20%
Diamond Credit Union PA$39.7M · 0.04%
Tandigm Health, LLC PA$39.3M · 0.31%
Allegheny Financial Group PA$39.2M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561295697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.