401(k) · DOL Form 5500 · 2022

New England Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
222
Participants Below avg headcount
72nd
Percentile by assets National rank
$65,559
Avg per participant Low balance/head
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Official DOL plan name: New England Federal Credit Union Salary Savings Plan · Sponsored by New England Federal Credit Union · Vermont · Finance & Insurance

$15M in assets, 222 participants

New England Federal Credit Union's New England Federal Credit Union Salary Savings Plan reported $15M in total assets and 222 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #5,254 in Finance & Insurance (9,261 peers)

New England Federal Credit Union multi-year trail

New England Federal Credit Union's plans moved +56.1% in assets from 2022 to 2024; this filing shows New England Federal Credit Union Salary Savings Plan at $15M / 222 participants.

#5,254
in Finance & Insurance (9,261 peers)
-5.9%
assets change YoY

The plan reported a net loss of $915K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New England Federal Credit Union Salary Savings Plan's outsized position by total assets

New England Federal Credit Union Salary Savings Plan vs every filed plan by assets

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

$14,554,039 Top 28% higher than 72% 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

New England Federal Credit Union Salary Savings 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. New England Federal Credit Union Salary Savings Plan sits mid-pack in the medium band (222 participants).

Plan-year Form 5500 strip

Filing strip 030213411 · New England Federal Credit Union PY 2022 · 401(k)

New England Federal Credit Union Salary Savings Plan · $15M · 222 · 72nd

  • PCT $15M
  • EIN 222
  • RANK 72nd
  • PHOTO 401(k)
  • IND near Grubb Management, LLC 401(k) Profit Sharing Plan
  • EOY ind #5254

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 Vermont →

New England Federal Credit Union Salary Savings Plan in the asset neighbourhood

New England Federal Credit Union Salary Savings PlanNew England Federal Credit U…$15MGrubb Management, LLC 401(k) Profit Sharing PlanGrubb Management, LLC 401(k)…$15MFowler Holding Company, Inc 401(k) PlanFowler Holding Company, Inc …$15MFisher & Paykel Appliances USA Holdings Inc. Retirement Savings PlanFisher & Paykel Appliances U…$15MKlein and Hoffman, Inc. Employees' Profit Sharing and 401(k) Savings PlanKlein and Hoffman, Inc. Empl…$15M
End-of-year total assets ($M) among New England Federal Credit Union Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New England Federal Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All New England Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$64M 56.08417523766433% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $41M $64M ▲ +56.1%
Year Plans Participants Total Assets
2022 2 268 $41M
2023 2 279 $47M
2024 1 419 $64M

New England Federal Credit Union filing trail (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income-$915K
Employer EIN030213411
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Vermont

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

New England Federal Credit Union Salary Savings Plan vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.52 Total assets ($B) Participants New England Federal Credit Union Salary Savings Plan, Total assets ($B): 0.014554039 · Participants: 222New England Federal Credit Union Salary Savings PlanThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 1.648944074 · Participants: 8856The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.259900906 · Participants: 1153National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.196446196 · Participants: 512Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.131415774 · Participants: 515Husky Retirement SavingsIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.114229826 · Participants: 380Incentive Retirement Plan for Employees of PC Construction Company
New England Federal Credit Union Salary Savings Plan vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare New England Federal Credit Union Salary Savings Plan side-by-side with 3 peers →

New England Federal Credit Union Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Grubb Management, LLC 401(k) Profit Sharing Plan in NC ($15M); by covered participants it is Home Products International - North America, Inc. Retirement Savings Plan in IL (222 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (222 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 New England Federal Credit Union Salary Savings Plan assets move in 2022? ▼
New England Federal Credit Union Salary Savings Plan pulled back noticeably - down 5.9% during 2022, from $15M to $15M. Reported net income was -$915K.
How have New England Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Federal Credit Union's sponsor-wide assets grew 56.1%, from $41M to $64M.
Which 401(k) plans are similar in size to New England Federal Credit Union Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Grubb Management, LLC 401(k) Profit Sharing Plan in NC ($15M, 192 participants).
Which 401(k) plans cover a similar participant headcount to New England Federal Credit Union Salary Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Home Products International - North America, Inc. Retirement Savings Plan in IL (222 participants, N/A 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 030213411.

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.