DFCU FINANCIAL 401(K) PLAN

At the end of 2022, the total retirement plan assets of DFCU FINANCIAL 401(K) PLAN is $97,019,609.This plan was established in 1983.

At the end of 2022, the total number of retirement plan participants in DFCU FINANCIAL 401(K) PLAN is 690

In 2022, the average participant retirement account value for DFCU FINANCIAL 401(K) PLAN is $140,608

In 2022, the estimated average employee contribution amount per participant for DFCU FINANCIAL 401(K) PLAN is $4,593

In 2022, the estimated average employer match for an employee in DFCU FINANCIAL 401(K) PLAN is approximately $3,955

In 2022, DFCU FINANCIAL 401(K) PLAN allocates $2,729,612 to match its employees’ contributions, providing an employer match rate of 87.06% of their contributions

In 2022, the total retirement plan asset growth rate of DFCU FINANCIAL 401(K) PLAN is -19.15%

In 2022, the estimated aggregate retirement account investment gain/loss for DFCU FINANCIAL 401(K) PLAN is -17.59%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of DFCU FINANCIAL 401(K) PLAN is 0.04%.

Enrollment Features

DFCU FINANCIAL 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.