Plan Ledger DOL Form 5500 · updated monthly

Wescom Central Credit Union401(k)

WESCOM CREDIT UNION 401(K) RETIREMENT PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Wescom Central Credit Union reported $152,690 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,718 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 0.11% to 0.09%. 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 615th-largest of 9,483 plans among California employers on file, and the 636th of 4,798 in finance & insurance. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 848 to 972 since 2022.

Plan summary
Net assets, end of year$178,135,620
Participants with balances1,215
Active participants972
Employer contributions$5,558,094
Employee contributions$7,853,811
Employer contribution per active participant$5,718
Average account balance$146,614
Benefits paid to participants$8,930,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$178.1M · 1,215 accts · $5.6M emplr
2023$147.3M · 1,185 accts · $5.7M emplr
2022$123.1M · 1,149 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,636
Investment management$20,554
Total administrative$152,690
The Wescom Central Credit Union 401(k) match · 2024
Employer contribution per active participant$5,718
Median for plans this size$3,635
2024$5,718 per active participant
2023$6,375 per active participant
2022$5,772 per active participant

Wescom Central 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$99,636
SAGEVIEW ADVISORY GROUP, LLC · Consulting$32,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,554

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$152,690 · 0.09%
2023$130,165 · 0.10%
2022$139,785 · 0.11%
Same employer
Similar plansFinance & Insurance · California
Sofi Technologies CA$192.9M · 0.04%
Cvb Financial Corp. CA$187.3M · 0.09%
Wedbush Securities Inc. CA$182.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951288265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.