401(k) · DOL Form 5500 · 2022

Founders Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
692
Participants Below avg headcount
93rd
Percentile by assets National rank
$158,203
Avg per participant Above avg balance/head
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Official DOL plan name: Founders Federal Credit Union Defined Contribution Plan · Sponsored by Founders Federal Credit Union · South Carolina · Finance & Insurance

$109M in assets, 692 participants

Founders Federal Credit Union's Founders Federal Credit Union Defined Contribution Plan reported $109M in total assets and 692 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,254 in Finance & Insurance (9,261 peers)

Where Founders Federal Credit Union Defined Contribution Plan sits by assets

Founders Federal Credit Union Defined Contribution Plan sits in the top 10% of all filed plans by assets, $109M for 692 participants (~$158,203/participant), down 13.7% in 2022.

#8,254
in Finance & Insurance (9,261 peers)
-13.7%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Founders Federal Credit Union Defined Contribution Plan's outsized position by total assets

Founders Federal Credit Union Defined Contribution Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$109,476,383 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Founders Federal Credit Union Defined Contribution Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Founders Federal Credit Union Defined Contribution Plan sits mid-pack in the medium band (692 participants).

DOL schedule card

Filing strip 570762987 · Founders Federal Credit Union PY 2022 · 401(k)

Founders Federal Credit Union Defined Contribution Plan · $109M · 692 · 93rd

  • EBSA $109M
  • PART 692
  • TYPE 93rd
  • NET 401(k)
  • BOOK near Western Anesthesiology Associates, Inc. Profit Sharing Retirement Plan
  • VS-ST ind #8254

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in South Carolina →

Founders Federal Credit Union Defined Contribution Plan in the asset neighbourhood

Invitae 401(k) Plan$110MMedhost Employee Stock Ownership PlanMedhost Employee Stock Owner…$110MLabella Associates Profit Sharing / 401(k) PlanLabella Associates Profit Sh…$110MFounders Federal Credit Union Defined Contribution PlanFounders Federal Credit Unio…$109MWestern Anesthesiology Associates, Inc. Profit Sharing Retirement PlanWestern Anesthesiology Assoc…$109M
End-of-year total assets ($M) among Founders Federal Credit Union Defined Contribution Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$109M
Net Income-$17M
Employer EIN570762987
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Founders Federal Credit Union)

Sponsor-wide plan assets over time

All Founders Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$138M 26.233305497497117% vs 2022
2024 filing year
$100M$110M$120M$130M$140M$150M 202220232024 $109M $138M ▲ +26.2%
Year Plans Participants Total Assets
2022 1 692 $109M
2023 1 765 $124M
2024 1 822 $138M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 050001000015000 -101234 Total assets ($B) Participants Founders Federal Credit Union Defined Contribution Plan, Total assets ($B): 0.109476383 · Participants: 692Founders Federal Credit Union Defined Contribution PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Founders Federal Credit Union Defined Contribution Plan side-by-side with 3 peers →

Founders Federal Credit Union Defined Contribution Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Western Anesthesiology Associates, Inc. Profit Sharing Retirement Plan in MO ($109M); by covered participants it is Lucor Inc. Wholly Owned Subs Savings and Retirement Plan in NC (692 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($109M here).

Similar participant headcount

Nearest other-state filings by covered participants (692 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Founders Federal Credit Union Defined Contribution Plan assets move in 2022? ▼
Founders Federal Credit Union Defined Contribution Plan pulled back noticeably - down 13.7% during 2022, from $127M to $109M. Reported net income was -$17M.
How have Founders Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Founders Federal Credit Union's sponsor-wide assets grew 26.2%, from $109M to $138M.
Where does Founders Federal Credit Union Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Founders Federal Credit Union Defined Contribution Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Founders Federal Credit Union Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by assets is Western Anesthesiology Associates, Inc. Profit Sharing Retirement Plan in MO ($109M, 253 participants).
Which 401(k) plans cover a similar participant headcount to Founders Federal Credit Union Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lucor Inc. Wholly Owned Subs Savings and Retirement Plan in NC (692 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 570762987.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.