401(k) · DOL Form 5500 · 2022

Ascend Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
586
Participants Below avg headcount
85th
Percentile by assets National rank
$63,827
Avg per participant Low balance/head
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Official DOL plan name: Ascend Federal Credit Union Cash or Deferred Compensation Plan · Sponsored by Ascend Federal Credit Union · Tennessee · Finance & Insurance

$37M in assets, 586 participants

Ascend Federal Credit Union's Ascend Federal Credit Union Cash or Deferred Compensation Plan reported $37M in total assets and 586 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,068 in Finance & Insurance (9,261 peers)

Where Ascend Federal Credit Union Cash or Deferred Compensation Plan sits by assets

Ascend Federal Credit Union Cash or Deferred Compensation Plan sits in the top quartile of all filed plans by assets, $37M for 586 participants (~$63,827/participant), down 14.1% in 2022.

#7,068
in Finance & Insurance (9,261 peers)
-14.1%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ascend Federal Credit Union Cash or Deferred Compensation Plan's outsized position by total assets

Ascend Federal Credit Union Cash or Deferred Compensation Plan vs every filed plan by assets

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

$37,402,331 Top 15% higher than 85% 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

Ascend Federal Credit Union Cash or Deferred Compensation 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. Ascend Federal Credit Union Cash or Deferred Compensation Plan sits mid-pack in the medium band (586 participants).

EBSA filing schedule strip

Filing strip 620527850 · Ascend Federal Credit Union PY 2022 · 401(k)

Ascend Federal Credit Union Cash or Deferred Compensation Plan · $37M · 586 · 85th

  • SCH $37M
  • EBSA 586
  • PART 85th
  • TYPE 401(k)
  • NET near Petersen, Inc. 401(k) Plan
  • BOOK ind #7068

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 Tennessee →

Ascend Federal Credit Union Cash or Deferred Compensation Plan in the asset neighbourhood

Tamarack Management Inc. 401(k) Profit Sharing PlanTamarack Management Inc. 401…$37MAscend Federal Credit Union Cash or Deferred Compensation PlanAscend Federal Credit Union …$37MPetersen, Inc. 401(k) Plan$37MEducation Affiliates, Inc. 401(k) PlanEducation Affiliates, Inc. 4…$37MBounteous, Inc. 401(k) Profit Sharing PlanBounteous, Inc. 401(k) Profi…$37M
End-of-year total assets ($M) among Ascend Federal Credit Union Cash or Deferred Compensation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$37M
Net Income-$6M
Employer EIN620527850
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ascend Federal Credit Union)

Sponsor-wide plan assets over time

All Ascend Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$51M 37.32051887354294% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.4M $51.4M ▲ +37.3%
Year Plans Participants Total Assets
2022 1 586 $37M
2023 1 612 $44M
2024 1 620 $51M

Nearby 401(k) Plans in Tennessee

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

Ascend Federal Credit Union Cash or Deferred Compensation Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Ascend Federal Credit Union Cash or Deferred Compensation Plan, Total assets ($B): 0.037402331 · Participants: 586Ascend Federal Credit Union Cash or Deferred Compensation PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Ascend Federal Credit Union Cash or Deferred Compensation Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Ascend Federal Credit Union Cash or Deferred Compensation Plan side-by-side with 3 peers →

Ascend Federal Credit Union Cash or Deferred Compensation Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Petersen, Inc. 401(k) Plan in UT ($37M); by covered participants it is Aim Media 401(k) Plan in TX (586 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($37M here).

Similar participant headcount

Nearest other-state filings by covered participants (586 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 Ascend Federal Credit Union Cash or Deferred Compensation Plan assets move in 2022? ▼
Ascend Federal Credit Union Cash or Deferred Compensation Plan pulled back noticeably - down 14.1% during 2022, from $44M to $37M. Reported net income was -$6M.
How have Ascend Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ascend Federal Credit Union's sponsor-wide assets grew 37.3%, from $37M to $51M.
Where does Ascend Federal Credit Union Cash or Deferred Compensation Plan rank by assets among Form 5500 filers? ▼
Ascend Federal Credit Union Cash or Deferred Compensation Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ascend Federal Credit Union Cash or Deferred Compensation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Petersen, Inc. 401(k) Plan in UT ($37M, 546 participants).
Which 401(k) plans cover a similar participant headcount to Ascend Federal Credit Union Cash or Deferred Compensation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aim Media 401(k) Plan in TX (586 participants, $19M 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 620527850.

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.