Retirement plan

ORANGE COUNTY'S CREDIT UNION 401(K) PLAN

Name: ORANGE COUNTY CREDIT UNION - ORANGE COUNTY'S CREDIT UNION 401(K) PLAN (2016) Form 5500
Creator: ORANGE COUNTY CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORANGE COUNTY'S CREDIT UNION 401(K) PLAN, ORANGE COUNTY CREDIT UNION

ORANGE COUNTY CREDIT UNIONEIN 95-1797779Plan #022PY 2016

PO BOX 11777 - SANTA ANA, CA 927111777714-755-5900orangecountyscu.orgLinkedIn201-500 employeesbanking

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed March 24, 2025 (most recent of 12 filings on file)

Plan administrator

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1701 E St Andrew Pl

Santa Ana, CA 92705

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Plans declared (1)

Plan name not on file356 emp

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Total assets (EOY)

$25.3M

+9.1% from 2015

Total participants

301

+4.5% from 2015

Average account balance

$84,741

+4.7% from 2015

Annual return

6.68%

+5.54 pp from 2015

Benchmarks

See 1,433 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,433 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$64.24M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

458

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$409

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$51,819
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667	Advisory (Plan)	$48,025
TURNER, WARREN, HWANG & CONRAD ACCO1 year Filed as: TURNER, WARREN, HWANG & CONRAD Service code 49 · EIN 95-4083485	Other Services	$6,612

Plan features & details

Pension benefit codes2E2F2G2J2K2T

Plan features

2E
Profit-sharing
Profit-sharing 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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$52K

$206 / participant

Contract admin$52K100.0%

% of EOY assets

0.205%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TURNER, WARREN, HWANG & CONRAD AC
Auditor EIN: 954083485
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,741

$71,802+18.0%

$133,975-36.7%

$57,658+47.0%

Participation rate

99.2%

85.5%+13.7pp

87.1%+12.1pp

70.2%+29.0pp

Annual return

6.68%

13.51%-6.8pp

29.29%-22.6pp

5.13%+1.5pp

Employer contribution / active EE

$4,717

$3,161+49.2%

$5,211-9.5%

$1,974+139.0%

Participant deferral / active EE

$4,390

$4,606-4.7%

$6,282-30.1%

$3,061+43.4%

Admin fee / account holder

$173

$88+97.7%

$9,324-98.1%

$95+83.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$51,819

SAGEVIEW ADVISORY GROUP, LLC2+ years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 27 · EIN 33-0818667

Advisory (Plan)

$48,025

TURNER, WARREN, HWANG & CONRAD ACCO1 year

Filed as: TURNER, WARREN, HWANG & CONRAD

Service code 49 · EIN 95-4083485

Other Services

$6,612

ORANGE COUNTY'S CREDIT UNION 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORANGE COUNTY'S CREDIT UNION 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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