Plan Ledger DOL Form 5500 · updated monthly

Westconsin Credit Union401(k)

WESTCONSIN CREDIT UNION CAPITAL ACCUMULATION PLAN · MENOMONIE, WI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Westconsin Credit Union reported $160,400 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $8,583 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 0.27% to 0.22%. 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 285th-largest of 1,936 plans among Wisconsin employers on file, and the 1,203rd of 4,798 in finance & insurance. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$78,204,592
Participants with balances532
Active participants422
Employer contributions$3,622,156
Employee contributions$2,140,244
Employer contribution per active participant$8,583
Average account balance$147,001
Benefits paid to participants$2,326,970
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$78.2M · 532 accts · $3.6M emplr
2023$65.4M · 546 accts · $3.3M emplr
2022$54.9M · 545 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,711
Total administrative$160,400
The Westconsin Credit Union 401(k) match · 2024
Employer contribution per active participant$8,583
Median for plans this size$3,635
2024$8,583 per active participant
2023$7,971 per active participant
2022$7,349 per active participant

Westconsin Credit Union's 2024 employer contribution ran above the $3,635 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
CMFG LIFE INSURANCE COMPANY · Recordkeeping · Pension consulting$150,711
BOARD OF TRUSTEES OF RETIREMENT · Trustee (discretionary)$9,689

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$160,400 · 0.22%
2023$206,990 · 0.34%
2022$159,000 · 0.27%
Same employer
Similar plansFinance & Insurance · Wisconsin
Royal Credit Union WI$101.3M · 0.24%
Neb Corporation WI$87.5M · 0.01%
Bank First Corporation WI$73.5M · 0.27%
Capspecialty, Inc. WI$73.2M · 0.20%
Altra Federal Credit Union WI$73.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390823125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.