Landmark Credit Union 401(k) Review & Grade
Landmark Credit Union 401(k) Plan
Brookfield, WIFinance & Insurance1,038 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,064Employer $ per active participant
$4,761Employee $ saved per active participant
0.24%Direct admin cost, % of plan assets
$65.5MNet plan assets, end of year
$59,192Average balance per account
Score breakdown
- Employer generosity10.8 / 5022th percentile for employer $ per participant
- Low cost12.2 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving3.0 / 1520th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 49th |
| Employee saving | 20th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Landmark Credit Union put in about $2,064 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,141,780 |
| Participant (employee) contributions | $4,939,393 |
| Other contributions (incl. rollovers in) | $1,066,685 |
| Administrative expenses paid from the plan | $146,028 |
| Contract administrator fees | $146,028 |
| Benefits paid out | $7,514,408 |
| Net assets, start / end of year | $56.9M / $65.5M |
| Active participants, start / end of year | 1,026 / 1,049 |
| Participants with account balances | 1,107 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $44,382 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013141641NAL0003159426001, received 2025-10-13, EIN 39-0203995, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.