Retirement plan

LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Name: LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION - LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST (2025) Form 5500
Creator: LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST, LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION

LOCAL 24 EMPLOYEES FEDERAL CREDIT UNIONEIN 74-1546688Plan #002PY 2025

5001 RED BLUFF RD - PASADENA, TX 775034404281-542-2400LinkedIn1-10 employeesinvestment management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$277K

+2.9% from 2024

Total participants

+16.7% from 2024

Average account balance

$39,623

-11.8% from 2024

Annual return

6.84%

+1.38 pp from 2024

Benchmarks

See 17,871 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort17,871 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$277K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$40K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.84%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$3443

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$8033 / participant

Other / not subdivided$24K100.0%

% of EOY assets

8.689%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,623

$223,823-82.3%

$211,142-81.2%

$154,746-74.4%

Participation rate

100.0%

87.9%+12.1pp

87.3%+12.7pp

80.7%+19.3pp

Annual return

6.84%

50.39%-43.5pp

46.84%-40.0pp

172.34%-165.5pp

Employer contribution / active EE

$4,438

$6,787-34.6%

$6,442-31.1%

$4,379+1.3%

Participant deferral / active EE

$9,750-100.0%

$9,284-100.0%

$6,730-100.0%

Admin fee / account holder

$3,443

$19,707-82.5%

$19,076-82.0%

$14,365-76.0%

LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL 24 EMPLOYEES FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion