Numerica Credit Union 401(k) Review & Grade
Numerica Credit Union Retirement Plan
Spokane Valley, WAFinance & Insurance662 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,584Employer $ per active participant
$6,478Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$87.9MNet plan assets, end of year
$105,928Average balance per account
Score breakdown
- Employer generosity43.2 / 5086th percentile for employer $ per participant
- Low cost23.7 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving6.3 / 1542th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score83 / 100 · Grade A
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 95th |
| Employee saving | 42th |
| 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
- Numerica Credit Union put in about $7,584 per active participant, more than the typical peer ($3,606). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $5,020,536 |
| Participant (employee) contributions | $4,288,537 |
| Other contributions (incl. rollovers in) | $725,026 |
| Administrative expenses paid from the plan | $17,272 |
| Investment advisory & management fees | $10,201 |
| Other admin expenses | $10,500 |
| Benefits paid out | $4,217,659 |
| Net assets, start / end of year | $71.1M / $87.9M |
| Active participants, start / end of year | 660 / 664 |
| Participants with account balances | 830 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Morgan Stanley | $10,500 reported compensation |
| Strategic Advisors, Inc. | $10,202 reported compensation |
| Fidelity Investments Institutional | −$3,429 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250805141721NAL0002547808001, received 2025-08-05, EIN 91-0863377, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.