Cu Direct Corporation 401(k) Review & Grade
Cu Direct Corporation Capital Accumulation Plan
Ontario, CAInformation642 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,470Employer $ per active participant
$10,132Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$116.3MNet plan assets, end of year
$156,585Average balance per account
Score breakdown
- Employer generosity47.2 / 5094th percentile for employer $ per participant
- Low cost16.1 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1558th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 64th |
| Employee saving | 58th |
| Peers that auto-enroll | 59% |
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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
- Cu Direct put in about $7,470 per active participant, more than the typical peer ($2,829). 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.
- 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 | $4,799,383 |
| Participant (employee) contributions | $6,509,584 |
| Other contributions (incl. rollovers in) | $1,475,061 |
| Administrative expenses paid from the plan | $156,577 |
| Investment advisory & management fees | $58,384 |
| Benefits paid out | $10,651,873 |
| Net assets, start / end of year | $100.9M / $116.3M |
| Active participants, start / end of year | 637 / 648 |
| Participants with account balances | 743 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $98,193 reported compensation |
| Empower Advisory Group, LLC | $58,384 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250718173129NAL0002175569001, received 2025-07-18, EIN 95-4512320, plan #033, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.