Plan Ledger DOL Form 5500 · updated monthly

Water and Power Community Credit Union401(k)

WATER AND POWER COMMUNITY CREDIT UNION 401(K) RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Water and Power Community Credit Union reported $67,758 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,073 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 rose from 0.44% to 0.51%. 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 4,548th-largest of 9,483 plans among California employers on file, and 3,590th 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$14,108,655
Participants with balances177
Active participants115
Employer contributions$468,444
Employee contributions$581,797
Employer contribution per active participant$4,073
Average account balance$79,710
Benefits paid to participants$1,131,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 177 accts · $468K emplr
2023$12.3M · 142 accts · $450K emplr
2022$11.5M · 134 accts · $423K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,122
Total administrative$67,758
The Water and Power Community Credit Union 401(k) match · 2024
Employer contribution per active participant$4,073
Median for plans this size$2,416
2024$4,073 per active participant
2023$3,949 per active participant
2022$3,915 per active participant

Water and Power Community Credit Union's 2024 employer contribution ran above the $2,416 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 · 20241
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$66,122

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$67,758 · 0.51%
2023$59,484 · 0.50%
2022$57,787 · 0.44%
Same employer
Similar plansFinance & Insurance · California
Spherecommerce, LLC CA$14.2M · 0.11%
United Security Bank CA$14.2M · 0.24%
Assemi Group, Inc. CA$14.2M · 0.14%
At-Bay, Inc. CA$14.1M · 0.70%
Solar Mosaic LLC CA$13.9M · 0.08%
Amwest Funding Corp. CA$13.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 950952237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.