Our Community Credit Union 401(k) match, vesting and fees
What Our Community Credit Union's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Opsahl Dawson & Co., LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Our Community Credit Union: employer contribution per participant | $3,994 | |
| Peer median | $2,868 |
| Our Community Credit Union: average balance | $60,279 | |
| Peer median | $95,281 |
| Our Community Credit Union: admin expenses ÷ assets | 0.52% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.1M at the end of plan year 2021 to $7.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 120 | $7.2M | $475K | $3,994 | 0.52% | Not published | Form 5500 ↗ |
| 2023 | 118 | $8.4M | $280K | $2,397 | 0.49% | Not published | Form 5500 ↗ |
| 2022 | 112 | $7.4M | $272K | $2,475 | 0.51% | Not published | Form 5500 ↗ |
| 2021 | 107 | $9.1M | $253K | $2,406 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Our Community Credit Union match 401(k) contributions?
The match terms for the Our Community Credit Union 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $475K in employer contributions, about $3,994 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Our Community Credit Union 401(k) match vested?
The vesting schedule for the Our Community Credit Union 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Our Community Credit Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Our Community Credit Union.
I left Our Community Credit Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Our Community Credit Union, (360) 432-5208) or the recordkeeper, John Hancock Life Insurance Company. The Our Community Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Our Community Credit Union 401(k)
Data from the public Form 5500 annual reports Our Community Credit Union filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Our Community Credit Union. Not financial advice. Report a correction · Methodology