Department of Labor filing

METRO CREDIT UNION

METRO CREDIT UNION 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 10, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

72filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$4,385

Reported employer contributions per active participant.

Higher than about 71% of comparable plans

#People in the filing

305

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$73 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 76% of comparable plans

↗Investment performance

Not available

Plan assets changed 16.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202472out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions71st percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense76th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, METRO CREDIT UNION reported $1,337,422 in employer contributions across the plan and 305 active participants. That works out to $4,385 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy70%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 12.9%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 50.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context72/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,337,422
Participant contributions: $1,901,984
Other contributions: $755,993
Employer share of reported contributions: 41.3%
Beginning assets: $33,443,577
Ending assets: $38,918,289
Ending net assets: $38,918,289
Ending liabilities: $0
Total income: $8,235,059
Total expenses: $2,760,347
Administrative expenses: $31,425
Participant loans: $878,896

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,884

2023

$3,935

2024

$4,385

Plan-paid administrative expenses per participant

2022

$49

2023

$72

2024

$73

Active participants

2022

298

2023

300

2024

305

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,385	305	38.9M	20251010164952NAL0013024784001
2023	$3,935	300	33.4M	20241004160909NAL0005809315001
2022	$3,884	298	29.3M	20231012144729NAL0032195953001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 041695745-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1997
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K3D

Current plan terms

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Filing ACK_ID20251010164952NAL0013024784001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗